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How to buy America First Multifamily Investors L-P stock

Own America First Multifamily Investors L-P stock in just a few minutes.

Fact checked

America First Multifamily Investors, L.P is a mortgage finance business based in the US. America First Multifamily Investors L-P shares (ATAX) are listed on the NASDAQ and all prices are listed in US Dollars.

How to buy shares in America First Multifamily Investors L-P

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for America First Multifamily Investors L-P. Find the stock by name or ticker symbol: ATAX. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until America First Multifamily Investors L-P reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of America First Multifamily Investors L-P, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of America First Multifamily Investors L-P. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

America First Multifamily Investors L-P share price

Use our graph to track the performance of ATAX stocks over time.

America First Multifamily Investors L-P shares at a glance

Information last updated 2021-02-24.
52-week rangeUSD$3.4201 - USD$7.2539
50-day moving average USD$4.5182
200-day moving average USD$4.2161
Wall St. target priceUSD$7.5
PE ratio 20.913
Dividend yield USD$0.37 (7.74%)
Earnings per share (TTM) USD$0.23

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy America First Multifamily Investors L-P stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is America First Multifamily Investors L-P under- or over-valued?

Valuing America First Multifamily Investors L-P stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of America First Multifamily Investors L-P's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

America First Multifamily Investors L-P's P/E ratio

America First Multifamily Investors L-P's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, America First Multifamily Investors L-P shares trade at around 21x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

America First Multifamily Investors L-P financials

Revenue TTM USD$29.8 million
Operating margin TTM 33.23%
Gross profit TTM USD$33.3 million
Return on assets TTM 1.53%
Return on equity TTM 3.78%
Profit margin 56.63%
Book value $5.949
Market capitalisation USD$291.2 million

TTM: trailing 12 months

Shorting America First Multifamily Investors L-P shares

There are currently 61,898 America First Multifamily Investors L-P shares held short by investors – that's known as America First Multifamily Investors L-P's "short interest". This figure is 205.4% up from 20,268 last month.

There are a few different ways that this level of interest in shorting America First Multifamily Investors L-P shares can be evaluated.

America First Multifamily Investors L-P's "short interest ratio" (SIR)

America First Multifamily Investors L-P's "short interest ratio" (SIR) is the quantity of America First Multifamily Investors L-P shares currently shorted divided by the average quantity of America First Multifamily Investors L-P shares traded daily (recently around 343877.77777778). America First Multifamily Investors L-P's SIR currently stands at 0.18. In other words for every 100,000 America First Multifamily Investors L-P shares traded daily on the market, roughly 180 shares are currently held short.

However America First Multifamily Investors L-P's short interest can also be evaluated against the total number of America First Multifamily Investors L-P shares, or, against the total number of tradable America First Multifamily Investors L-P shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case America First Multifamily Investors L-P's short interest could be expressed as 0% of the outstanding shares (for every 100,000 America First Multifamily Investors L-P shares in existence, roughly 0 shares are currently held short) or 0.001% of the tradable shares (for every 100,000 tradable America First Multifamily Investors L-P shares, roughly 1 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against America First Multifamily Investors L-P.

Find out more about how you can short America First Multifamily Investors L-P stock.

America First Multifamily Investors L-P share dividends

Dividend payout ratio: 3388.89% of net profits

Recently America First Multifamily Investors L-P has paid out, on average, around 3388.89% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.93% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), America First Multifamily Investors L-P shareholders could enjoy a 4.93% return on their shares, in the form of dividend payments. In America First Multifamily Investors L-P's case, that would currently equate to about $0.37 per share.

America First Multifamily Investors L-P's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

America First Multifamily Investors L-P's most recent dividend payout was on 29 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 30 December 2020 (the "ex-dividend date").

Have America First Multifamily Investors L-P's shares ever split?

America First Multifamily Investors L-P's shares were split on a 5:4 basis on 3 June 1993. So if you had owned 4 shares the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your America First Multifamily Investors L-P shares – just the quantity. However, indirectly, the new 20% lower share price could have impacted the market appetite for America First Multifamily Investors L-P shares which in turn could have impacted America First Multifamily Investors L-P's share price.

America First Multifamily Investors L-P share price volatility

Over the last 12 months, America First Multifamily Investors L-P's shares have ranged in value from as little as $3.4201 up to $7.2539. A popular way to gauge a stock's volatility is its "beta".

ATAX.US volatility(beta: 0.57)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while America First Multifamily Investors L-P's is 0.572. This would suggest that America First Multifamily Investors L-P's shares are less volatile than average (for this exchange).

America First Multifamily Investors L-P overview

America First Multifamily Investors, L.P. acquires, holds, sells, and deals in a portfolio of mortgage revenue bonds (MRBs) that are issued to provide construction or permanent financing for multifamily and student housing, and commercial properties. It operates through four segments: Mortgage Revenue Bond Investments, MF Properties, Public housing Capital Fund Trust, and Other Investments. As of December 31, 2019, the company owned 76 MRBs, of which various bonds were issued by state and local housing authorities in order to provide construction or permanent financing for 66 residential properties comprising a total of 10,871 rental units located in 13 states in the United States. America First Capital Associates Limited Partnership Two serves as the general partner of the company. The company was founded in 1998 and is based in Omaha, Nebraska.

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