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How to buy America First Multifamily Investors L-P (ATAX) stocks in Canada

Learn how to easily invest in America First Multifamily Investors L-P stocks.

America First Multifamily Investors L-P is a mortgage finance business based in the US. America First Multifamily Investors L-P stocks (ATAX.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $6.95 – an increase of 2.5% over the previous week. America First Multifamily Investors L-P employs 0 staff and has a trailing 12-month revenue of around $37.1 million.

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 stock price (NASDAQ:ATAX)

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 2022-01-23.
Latest market close$6.55
52-week range$4.08 - $6.84
50-day moving average $6.57
200-day moving average $6.47
Wall St. target price$7.50
PE ratio 15.2871
Dividend yield $0.37 (6.89%)
Earnings per share (TTM) $0.42

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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.

America First Multifamily Investors L-P price performance over time

Historical closes compared with the close of $6.55 from 2022-01-27

1 week (2022-01-21) 2.50%
1 month (2021-12-29) -3.82%
3 months (2021-10-29) 0.77%
6 months (2021-07-29) -5.76%
1 year (2021-01-29) 46.21%
2 years (2020-01-29) -16.45%
3 years (2019-01-29) 1.55%
5 years (2017-01-27) 19.09%

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 15x. In other words, America First Multifamily Investors L-P shares trade at around 15x 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 $37.1 million
Operating margin TTM 42.77%
Gross profit TTM $21.9 million
Return on assets TTM 2.53%
Return on equity TTM 6.69%
Profit margin 76.26%
Book value $5.71
Market capitalisation $421.3 million

TTM: trailing 12 months

America First Multifamily Investors L-P share dividends

83%

Dividend payout ratio: 82.72% of net profits

Recently America First Multifamily Investors L-P has paid out, on average, around 82.72% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.89% 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 6.89% 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 30 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 29 December 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 $4.0758 up to $6.84. A popular way to gauge a stock's volatility is its "beta".

ATAX.US volatility(beta: 0.68)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 0.6792. 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.

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