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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.

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. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – ATAX – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking 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 2021-04-29.
52-week range$3.37 - $5.96
50-day moving average $5.54
200-day moving average $4.57
Wall St. target price$7.50
PE ratio 84.8571
Dividend yield $0.305 (5.17%)
Earnings per share (TTM) $0.07

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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 85x. In other words, America First Multifamily Investors L-P shares trade at around 85x recent earnings.

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

America First Multifamily Investors L-P financials

Revenue TTM $26.1 million
Operating margin TTM 22.61%
Gross profit TTM $21.9 million
Return on assets TTM 0.65%
Return on equity TTM 1.62%
Profit margin 27.76%
Book value $5.91
Market capitalisation $361.3 million

TTM: trailing 12 months

Shorting America First Multifamily Investors L-P shares

There are currently 300,439 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 9.2% down from 330,965 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 176728.82352941). America First Multifamily Investors L-P's SIR currently stands at 1.7. In other words for every 100,000 America First Multifamily Investors L-P shares traded daily on the market, roughly 1700 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 0.005% of the tradable shares (for every 100,000 tradable America First Multifamily Investors L-P shares, roughly 5 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

26%

Dividend payout ratio: 26.21% of net profits

Recently America First Multifamily Investors L-P has paid out, on average, around 26.21% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.1% 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 6.1% 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 $0.305 per share.

While America First Multifamily Investors L-P's payout ratio might seem fairly standard, it's worth remembering that America First Multifamily Investors L-P may be investing much of the rest of its net profits in future growth.

America First Multifamily Investors L-P's most recent dividend payout was on 29 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 29 March 2021 (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 2 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 $3.3685 up to $5.96. A popular way to gauge a stock's volatility is its "beta".

ATAX.US volatility(beta: 0.59)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 0.5907. 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 and/or permanent financing for multifamily and student housing, and residential and commercial properties. It operates through four segments: Mortgage Revenue Bond Investments, MF Properties, Public Housing Capital Fund Trusts, and Other Investments. As of December 31, 2020, the company owned 77 MRBs issued by state and local housing authorities in order to provide construction or permanent financing for 71 residential properties comprising a total of 11,851 rental units located in 15 states; and 3 governmental issuer loans related to 3 residential properties containing a total of 737 rental units located in 3 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.

Frequently asked questions

What percentage of America First Multifamily Investors L-P is owned by insiders or institutions?
Currently 3.234% of America First Multifamily Investors L-P shares are held by insiders and 10.75% by institutions.
When does the fiscal year end for America First Multifamily Investors L-P?
America First Multifamily Investors L-P's fiscal year ends in December.
Where is America First Multifamily Investors L-P based?
America First Multifamily Investors L-P's address is: 14301 FNB Parkway, Omaha, NE, United States, 68154
What is America First Multifamily Investors L-P's ISIN number?
America First Multifamily Investors L-P's international securities identification number is: US02364V1070
What is America First Multifamily Investors L-P's CUSIP number?
America First Multifamily Investors L-P's Committee on Uniform Securities Identification Procedures number is: 02364V107

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