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

15.79USD+0.24 (+1.54%)Market Closed

Market Summary

USD15.79+0.24

Market Closed

1.54%

ATAX Alerts

Big fall in Revenue (Y/Y)

Big fall in earnings (Y/Y)

ATAX Stock Price

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ATAX RSI Chart

ATAX Valuation

Market Cap

367.7M

Price/Earnings (Trailing)

7.68

Price/Sales (Trailing)

3.59

EV/EBITDA

-19.6

Price/Free Cashflow

13.08

ATAX Price/Sales (Trailing)

ATAX Profitability

EBT Margin

46.78%

Return on Assets

3.29%

Free Cashflow Yield

7.64%

ATAX Fundamentals

ATAX Revenue

Revenue (TTM)

102.3M

Rev. Growth (Yr)

-10.29%

Rev. Growth (Qtr)

-11.17%

ATAX Earnings

Earnings (TTM)

47.9M

Earnings Growth (Yr)

-36.58%

Earnings Growth (Qtr)

71.64%

Breaking Down ATAX Revenue

Last 7 days

1.5%

Last 30 days

3.5%

Last 90 days

-3.9%

Trailing 12 Months

-10.8%

How does ATAX drawdown profile look like?

ATAX Financial Health

Debt/Cashflow

1.04

ATAX Investor Care

Shares Dilution (1Y)

2.47%

Diluted EPS (TTM)

1.9

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	102.3M	0	0	0
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

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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?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	GROUP ONE TRADING, L.P.	sold off	-100	-11,132	-	-%
May 10, 2024	Scarborough Advisors, LLC	new	-	4,887	4,887	-%
May 10, 2024	OSAIC HOLDINGS, INC.	reduced	-9.45	-14,300	103,323	-%
May 10, 2024	LPL Financial LLC	reduced	-8.25	-81,708	662,236	-%
May 10, 2024	CIBC Private Wealth Group, LLC	new	-	16.00	16.00	-%
May 10, 2024	JPMORGAN CHASE & CO	reduced	-15.47	-44,764	204,098	-%
May 10, 2024	WELLS FARGO & COMPANY/MN	reduced	-0.83	-27,985	711,271	-%
May 10, 2024	PNC Financial Services Group, Inc.	added	0.39	-6,192	232,360	-%
May 09, 2024	RFP Financial Group LLC	added	0.37	-121	4,463	-%
May 08, 2024	Heritage Wealth Advisors	added	0.41	-417	15,769	-%

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
May 09, 2024	8-K	Current Report
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
Apr 30, 2024	424B5	Prospectus Filed
Apr 30, 2024	8-K	Current Report
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

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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-11.2%	22,371	25,185	26,474	28,304	24,938	22,030	22,604	17,233	19,206	19,976	17,682	16,406	14,387	13,474	13,840	14,478	13,736	15,441	14,866	14,346	17,665
Costs and Expenses	-60.2%	11,667	29,328	16,771	14,344	23,506	19,002	14,750	12,249	9,367	12,365	11,729	11,498	10,203	12,637	15,068	9,792	12,159	10,606	15,702	10,443	11,171
S&GA Expenses	-100.0%	-	4,889	5,328	5,109	5,073	5,452	4,505	3,809	3,682	3,930	4,145	3,464	3,286	3,769	3,513	2,846	2,899	3,296	6,993	2,497	2,779
EBITDA Margin	-20.6%	-0.16*	-0.13*	-0.09*	0.02*	0.01*	0.30*	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*	-
Interest Expenses	56.0%	-13,803	-31,389	-10,717	-8,988	-17,971	-24,809	-8,035	-6,776	-3,937	-5,695	-5,663	-5,358	-5,226	-5,203	-5,105	-4,889	-6,017	-5,606	-6,509	-6,206	-6,394
Income Taxes	20.9%	-1.20	-1.51	6.00	-1.15	7.00	-5.63	-81.52	21.00	15.00	37.00	-81.14	108	257*	39.00	-68.22	98.00	11.00	55.00	-68.23	17.00	42.00
Earnings Before Taxes	71.7%	10,647	6,202	9,736	21,286	16,799	3,169	18,435	17,628	26,279	7,891	12,907	10,372	6,993	838	-1,228	4,686	2,993	10,501	9,640	3,904	6,493
EBT Margin	-9.2%	0.47*	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*	-
Net Income	71.6%	10,648	6,204	9,729	21,287	16,791	3,175	18,517	17,607	26,264	7,854	12,988	10,265	6,993	799	-1,160	4,588	2,982	10,446	9,708	3,886	6,452
Net Income Margin	-9.1%	0.47*	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*	-
Free Cashflow	-28.9%	3,373	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	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-4.0%	1,453	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
Cash Equivalents	48.4%	56.00	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
Net PPE	0%	5.00	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
Liabilities	-5.1%	1,026	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
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	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
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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-28.9%	3,373	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
Cashflow From Investing	148.7%	76,768	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
Cashflow From Financing	39.9%	-56,947	-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

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ATAX Income Statement

2024-03-31

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Investment income	$ 19,272,345	$ 19,302,685
Other interest income	3,003,838	4,409,665
Property revenues		1,225,620
Other income	94,471
Total revenues	22,370,654	24,937,970
Expenses:
Real estate operating (exclusive of items shown below)	0	602,253
Provision for credit losses (Note 10)	(806,000)	(545,000)
Depreciation and amortization	5,967	404,981
Interest expense	13,803,935	16,688,362
Net result from derivative transactions (Note 15)	(6,267,664)	1,283,136
General and administrative	4,930,388	5,072,587
Total expenses	11,666,626	23,506,319
Other Income:
Gain on sale of investments in unconsolidated entities	50,000	15,366,929
Earnings (losses) from investments in unconsolidated entities	(106,845)
Income before income taxes	10,647,183	16,798,580
Income tax expense (benefit)	(1,198)	7,358
Net income	10,648,381	16,791,222
Redeemable Preferred Unit distributions and accretion	(767,241)	(746,650)
Net income available to Partners	9,881,140	16,044,572
Net income available to Partners allocated to:
General Partner	98,311	2,479,058
Net income available to Partners and noncontrolling interest	$ 9,881,140	$ 16,044,572
BUC holders' interest in net income per BUC, basic	$ 0.42	$ 0.59
BUC holders' interest in net income per BUC, diluted	$ 0.42	$ 0.59
Weighted average number of BUCs outstanding, basic	23,000,754	22,924,081
Weighted average number of BUCs outstanding, diluted	23,000,754	22,924,081
Beneficial Unit Certificate Holders [Member]
Net income available to Partners allocated to:
Limited Partners	$ 9,725,097	$ 13,490,834
Restricted Unitholders [Member]
Net income available to Partners allocated to:
Limited Partners	$ 57,732	$ 74,680

ATAX Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Assets:
Cash and cash equivalents	$ 56,255,270	$ 37,918,237
Restricted cash	14,672,102	9,815,909
Interest receivable, net	7,846,857	8,265,901
Mortgage revenue bonds held in trust, at fair value (Note 4)	922,468,164	883,030,786
Mortgage revenue bonds, at fair value (Note 4)	20,277,433	47,644,509
Governmental issuer loans:
Governmental issuer loans held in trust (Note 5)	205,557,300	222,947,300
Allowance for credit losses (Note 10)	(1,166,000)	(1,294,000)
Governmental issuer loans, net	204,391,300	221,653,300
Property loans:
Property loans (Note 6)	53,306,414	122,556,204
Allowance for credit losses (Note 10)	(1,628,000)	(2,048,000)
Property loans, net	51,678,414	120,508,204
Investments in unconsolidated entities (Note 7)	145,130,907	136,653,246
Real estate assets, net (Note 8)	4,716,140	4,716,140
Other assets (Note 9)	25,982,910	43,194,470
Total Assets	1,453,419,497	1,513,400,702
Liabilities:
Accounts payable, accrued expenses and other liabilities (Note 11)	20,862,915	22,958,088
Distribution payable	8,672,287	8,584,292
Secured lines of credit (Note 12)	16,500,000	33,400,000
Debt financing, net (Note 13)	978,475,088	1,015,030,066
Mortgages payable, net (Note 14)	1,690,000	1,690,000
Total Liabilities	1,026,200,290	1,081,662,446
Commitments and Contingencies (Note 16)
Redeemable Preferred Units, $87.5 million redemption value, 8.8 million issued and outstanding, net (Note 17)	87,389,526	82,431,548
Partnersʼ Capital:
General Partner (Note 1)	438,671	543,977
Beneficial Unit Certificates ("BUCs," Note 1)	339,391,010	348,762,731
Total Partnersʼ Capital	339,829,681	349,306,708
Total Liabilities and Partnersʼ Capital	$ 1,453,419,497	$ 1,513,400,702

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 Mon May 13 2024, market cap of America First Multifamily Investors LP is 367.73 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 Mon May 13 2024, ATAX's PE ratio (Price to Earnings) is 7.68 and Price to Sales (PS) ratio is 3.59. 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 0.059 (multiply by 100 for percentage) rate of return.