ATAX - America First Multifamily Investors LP Stock Price, Fair Value and News

14.89USD+0.12 (+0.81%)Market Closed

Market Summary

USD14.89+0.12

Market Closed

0.81%

ATAX Stock Price

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ATAX RSI Chart

ATAX Valuation

Market Cap

341.4M

Price/Earnings (Trailing)

6.32

Price/Sales (Trailing)

3.25

EV/EBITDA

-22.47

Price/Free Cashflow

13.69

ATAX Price/Sales (Trailing)

ATAX Profitability

EBT Margin

51.50%

Return on Assets

3.57%

Free Cashflow Yield

7.3%

ATAX Fundamentals

ATAX Revenue

Revenue (TTM)

104.9M

Rev. Growth (Yr)

14.32%

Rev. Growth (Qtr)

-4.87%

ATAX Earnings

Earnings (TTM)

54.0M

Earnings Growth (Yr)

95.41%

Earnings Growth (Qtr)

-36.24%

Breaking Down ATAX Revenue

Last 7 days

2.7%

Last 30 days

-10.8%

Last 90 days

-10.4%

Trailing 12 Months

-10.8%

How does ATAX drawdown profile look like?

ATAX Financial Health

Debt/Cashflow

0.92

ATAX Investor Care

Shares Dilution (1Y)

3.05%

Diluted EPS (TTM)

2.07

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	86.8M	97.9M	101.7M	104.9M
2022	73.3M	74.1M	79.0M	81.1M
2021	56.2M	58.1M	61.9M	68.5M
2020	58.4M	58.5M	57.5M	55.5M
2019	82.6M	81.1M	70.0M	62.3M
2018	70.8M	70.4M	80.1M	81.4M
2017	60.1M	61.4M	64.4M	70.4M
2016	65.8M	63.6M	63.9M	59.0M
2015	45.7M	52.4M	54.3M	63.4M
2014	44.5M	40.6M	42.6M	45.6M
2013	32.0M	40.5M	43.2M	44.3M
2012	22.2M	22.7M	23.3M	25.1M
2011	16.7M	16.2M	16.1M	21.7M
2010	0	19.6M	18.2M	16.9M
2009	0	0	0	20.9M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of America First Multifamily Investors LP

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Nov 30, 2022	coury jesse a.	sold (taxes)	-155,722	19.1	-8,153	chief financial officer
Nov 30, 2022	fletcher drew	sold (taxes)	-18,087	19.1	-947	-
Nov 30, 2022	baevsky jeffrey	sold (taxes)	-23,989	19.1	-1,256	-
Oct 20, 2022	wilson deborah a	bought	9,990	18.00	555	-
Sep 01, 2022	rogozinski kenneth	bought	47,603	18.53	2,569	chief executive officer
Aug 26, 2022	rogozinski kenneth	bought	18,900	18.9	1,000	chief executive officer
Aug 24, 2022	rogozinski kenneth	bought	11,347	19.04	596	chief executive officer
Aug 22, 2022	rogozinski kenneth	bought	48,125	19.25	2,500	chief executive officer
Aug 09, 2022	rogozinski kenneth	bought	35,807	19.45	1,841	chief executive officer
Aug 08, 2022	fletcher drew	acquired	-	-	2,235	-

Which funds bought or sold ATAX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	reduced	-0.5	-98,918	2,756,840	-%
Apr 22, 2024	PFG Investments, LLC	added	3.92	3,020	368,339	0.02%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	reduced	-0.52	-102,698	2,846,820	-%
Apr 22, 2024	America First Investment Advisors, LLC	added	0.41	-50,037	1,890,580	0.46%
Apr 15, 2024	Octavia Wealth Advisors, LLC	reduced	-24.15	-187,052	514,342	0.08%
Apr 15, 2024	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	new	-	492,935	492,935	-%
Apr 12, 2024	BALDWIN BROTHERS LLC/MA	added	0.4	-1,868	70,161	-%
Apr 10, 2024	SOA Wealth Advisors, LLC.	added	0.39	-7,693	287,828	0.06%
Apr 05, 2024	NBC SECURITIES, INC.	added	0.36	-	13,000	-%
Mar 28, 2024	Newbridge Financial Services Group, Inc.	added	1.74	9,023	94,461	0.05%

Are Funds Buying or Selling ATAX?

Are funds buying ATAX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ATAX

No. of Funds

Recent SEC filings of America First Multifamily Investors LP

View All Filings

Date Filed	Form Type	Document
Apr 23, 2024	8-K	Current Report
Mar 26, 2024	FWP	Prospectus Filed
Mar 13, 2024	8-K	Current Report
Mar 08, 2024	424B5	Prospectus Filed
Mar 08, 2024	8-K	Current Report
Mar 06, 2024	8-K	Current Report
Mar 04, 2024	8-K	Current Report
Mar 04, 2024	8-K	Current Report
Feb 27, 2024	4	Insider Trading
Feb 27, 2024	4	Insider Trading

America First Multifamily Investors LP News

Latest updates

America First Multifamily Investors LP Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-4.9%	25.00	26.00	28.00	25.00	22.00	23.00	17.00	19.00	20.00	18.00	16.00	14.00	13.00	14.00	14.00	14.00	15.00	15.00	14.00	18.00	23.00
Costs and Expenses	74.9%	29.00	17.00	14.00	24.00	19.00	15.00	12.00	9.00	12.00	12.00	11.00	10.00	13.00	15.00	10.00	12.00	11.00	16.00	10.00	11.00	12.00
S&GA Expenses	-8.2%	5.00	5.00	5.00	5.00	5.00	5.00	4.00	4.00	4.00	4.00	3.00	3.00	4.00	4.00	3.00	3.00	3.00	7.00	2.00	3.00	4.00
EBITDA Margin	-36.3%	-0.13*	-0.09*	0.15*	0.16*	0.47*	0.61*	0.61*	0.54*	0.28*	0.20*	-0.02*	-0.11*	-0.20*	-0.03*	0.13*	0.10*	0.14*	0.16*	0.23*	0.22*	-
Interest Expenses	-192.9%	-31.39	-10.72	-8.99	-17.97	-24.81	-8.04	-6.78	-3.94	-5.70	-5.66	-5.36	-5.23	-5.20	-5.11	-4.89	-6.02	-5.61	-6.51	-6.21	-6.39	-6.77
Income Taxes	-124.5%	0.00	0.00	0.00	0.00	-0.01	-0.08	0.00	0.00	0.00	-0.08	0.00	257*	0.00	-0.07	0.00	0.00	0.00	-0.07	0.00	0.00	-0.12
Earnings Before Taxes	-36.3%	6.00	10.00	21.00	17.00	3.00	18.00	18.00	26.00	8.00	13.00	10.00	7.00	1.00	-1.23	5.00	3.00	11.00	10.00	4.00	6.00	14.00
EBT Margin	2.8%	0.51*	0.50*	0.61*	0.65*	0.81*	0.89*	0.87*	0.78*	0.56*	0.50*	0.29*	0.20*	0.13*	0.29*	0.48*	0.46*	0.49*	0.48*	0.51*	0.49*	-
Net Income	-36.2%	6.00	10.00	21.00	17.00	3.00	19.00	18.00	26.00	8.00	13.00	10.00	7.00	1.00	-1.16	5.00	3.00	10.00	10.00	4.00	6.00	14.00
Net Income Margin	2.8%	0.51*	0.50*	0.61*	0.65*	0.81*	0.89*	0.87*	0.78*	0.56*	0.50*	0.29*	0.20*	0.13*	0.29*	0.47*	0.46*	0.49*	0.49*	0.52*	0.50*	-
Free Cashflow	-33.9%	5.00	7.00	13.00	0.00	1.00	5.00	5.00	9.00	11.00	8.00	8.00	7.00	3.00	4.00	7.00	2.00	5.00	6.00	4.00	4.00	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-2.1%	1,513	1,546	1,657	1,633	1,567	1,450	1,442	1,396	1,386	1,285	1,234	1,192	1,175	1,175	1,038	978	1,029	1,034	1,001	993	983
Cash Equivalents	-35.6%	38.00	59.00	59.00	52.00	51.00	103	105	118	68.00	92.00	52.00	53.00	44.00	51.00	36.00	35.00	42.00	41.00	14.00	38.00	32.00
Net PPE	-86.6%	5.00	35.00	36.00	36.00	37.00	59.00	59.00	59.00	60.00	60.00	63.00	58.00	59.00	60.00	60.00	61.00	62.00	62.00	63.00	64.00	65.00
Liabilities	-6.5%	1,082	1,157	1,200	1,186	1,149	1,044	1,024	962	919	813	794	754	721	719	596	557	593	598	586	589	584
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27.00	27.00	27.00
Accumulated Depreciation	-	-	-	-	-	-	23.00	22.00	21.00	21.00	20.00	20.00	19.00	18.00	17.00	17.00	16.00	15.00	15.00	14.00	13.00	12.00
Shares Outstanding	-	-	-	-	23.00	-	-	22.00	-	-	22.00	20.00	20.00	-	20.00	20.00	20.00	-	20.00	20.00	-	-
Float	-	-	-	375	-	-	-	404	-	-	-	410	-	-	-	251	-	-	-	432	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-33.9%	4,741	7,171	12,826	199	1,406	5,405	5,009	9,307	10,641	7,736	8,106	7,457	3,200	3,700	6,597	2,344	5,167	5,706	3,556	3,566	7,668
Cashflow From Investing	-55.5%	30,871	69,317	-10,723	-35,901	-168,230	-13,914	-64,814	-31,639	-122,880	-8,330	-31,687	-24,574	-7,915	-26,821	-40,883	37,478	9,329	21,916	-16,333	8,281	41,665
Cashflow From Financing	-26.8%	-94,703	-74,672	14,590	31,383	110,408	7,945	46,968	32,856	89,372	39,525	27,911	25,667	-2,756	116,459	35,653	-47,248	-12,662	-1,414	-11,079	-6,112	-41,737

ATAX Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)	12 Months Ended
Consolidated Statements of Operations - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Revenues:
Investment income	$ 82,266,198	$ 61,342,533
Property revenues	4,567,506	7,855,506
Other interest income	17,756,044	11,875,538
Other Income	310,916
Total revenues	104,900,664	81,073,577
Expenses:
Real estate operating (exclusive of items shown below)	2,663,868	4,738,160
Provision for credit losses (Note 13)	(2,347,000)
Depreciation and amortization	1,537,448	2,717,415
Interest expense	69,066,763	43,559,873
Net result from derivative transactions (Note 18)	(7,371,584)	(13,095,422)
General and administrative	20,399,489	17,447,864
Total expenses	83,948,984	55,367,890
Other Income:
Gain on sale of real estate assets	10,363,363
Gain on sale of investments in unconsolidated entities	22,725,398	39,805,285
Earnings (losses) from investments in unconsolidated entities	(17,879)
Income before income taxes	54,022,562	65,510,972
Income tax expense (benefit)	10,866	(51,194)
Net income	54,011,696	65,562,166
Redeemable Preferred Unit distributions and accretion	(2,868,578)	(2,866,625)
Net income available to Partners	51,143,118	62,695,541
Net income available to Partners allocated to:
General Partner	3,589,447	3,471,267
Net income available to Partners and noncontrolling interest	$ 51,143,118	$ 62,695,541
BUC holders' interest in net income per BUC, basic	$ 2.07	$ 2.59
BUC holders' interest in net income per BUC, diluted	$ 2.07	$ 2.59
Weighted average number of BUCs outstanding, basic	22,834,745	22,775,321
Weighted average number of BUCs outstanding, diluted	22,834,745	22,775,321
Beneficial Unit Certificate Holders [Member]
Net income available to Partners allocated to:
Limited Partners	$ 47,209,260	$ 58,945,102
Restricted Unitholders [Member]
Net income available to Partners allocated to:
Limited Partners	$ 344,411	$ 279,172

ATAX Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Assets:
Cash and cash equivalents	$ 37,918,237	$ 51,188,416
Restricted cash	9,815,909	41,448,840
Interest receivable, net	8,265,901	11,628,173
Mortgage revenue bonds held in trust, at fair value (Note 6)	883,030,786	763,208,945
Mortgage revenue bonds, at fair value (Note 6)	47,644,509	36,199,059
Governmental issuer loans
Governmental issuer loans held in trust (Note 7)	222,947,300	300,230,435
Allowance for credit losses (Note 13)	(1,294,000)
Governmental issuer loans, net	221,653,300	300,230,435
Property loans
Property loans (Note 8)	122,556,204	175,604,711
Allowance for credit losses (Note 13)	(2,048,000)	(495,000)
Property loans, net	120,508,204	175,109,711
Investments in unconsolidated entities (Note 9)	136,653,246	115,790,841
Real estate assets, net (Note 10)	4,716,140	36,550,478
Other assets (Note 12)	43,194,470	35,774,667
Total Assets	1,513,400,702	1,567,129,565
Liabilities:
Accounts payable, accrued expenses and other liabilities (Note 14)	22,958,088	21,733,506
Distribution payable	8,584,292	10,899,677
Secured lines of credit (Note 15)	33,400,000	55,500,000
Debt financing, net (Note 16)	1,015,030,066	1,058,903,952
Mortgages payable, net (Note 17)	1,690,000	1,690,000
Total Liabilities	1,081,662,446	1,148,727,135
Commitments and Contingencies (Note 19)
Redeemable Preferred Units, $82.5 million redemption value, 8.3 million issued and outstanding, net (Note 20)	82,431,548	94,446,913
Partnersʼ Capital:
General Partner (Note 1)	543,977	285,571
Beneficial Unit Certificates ("BUCs," Note 1)	348,762,731	323,669,946
Total Partnersʼ Capital	349,306,708	323,955,517
Total Liabilities and Partnersʼ Capital	$ 1,513,400,702	$ 1,567,129,565

About America First Multifamily Investors LP

WEBSITE	ataxfund.com

America First Multifamily Investors LP Frequently Asked Questions

What is the ticker symbol for America First Multifamily Investors LP? What does ATAX stand for in stocks?

ATAX is the stock ticker symbol of America First Multifamily Investors LP. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of America First Multifamily Investors LP (ATAX)?

As of Wed Apr 24 2024, market cap of America First Multifamily Investors LP is 341.38 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ATAX stock?

You can check ATAX's fair value in chart for subscribers.

What is the fair value of ATAX stock?

You can check ATAX's fair value in chart for subscribers. The fair value of America First Multifamily Investors LP is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of America First Multifamily Investors LP is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ATAX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is America First Multifamily Investors LP a good stock to buy?

The fair value guage provides a quick view whether ATAX is over valued or under valued. Whether America First Multifamily Investors LP is cheap or expensive depends on the assumptions which impact America First Multifamily Investors LP's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ATAX.

What is America First Multifamily Investors LP's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, ATAX's PE ratio (Price to Earnings) is 6.32 and Price to Sales (PS) ratio is 3.25. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ATAX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on America First Multifamily Investors LP's stock?

In the past 10 years, America First Multifamily Investors LP has provided 0.055 (multiply by 100 for percentage) rate of return.