America First Multifamily Investors Lp's stock had its IPO on April 2, 1986, making it an older stock than 92.7% of US equities in our set.
The ratio of debt to operating expenses for America First Multifamily Investors Lp is higher than it is for about 97.76% of US stocks.
America First Multifamily Investors Lp's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -34.76%, greater than the shareholder yield of just 7.64% of stocks in our set.
If you're looking for stocks that are quantitatively similar to America First Multifamily Investors Lp, a group of peers worth examining would be FPI, NXRT, HIW, LAND, and SJI.
ATAX's SEC filings can be seen here. And to visit America First Multifamily Investors Lp's official web site, go to www.ataxfund.com.
America First Multifamily Investors, L.P. - Beneficial Unit Certificates (BUCs) representing Limited Partnership Interests (ATAX) Company Bio
America First Multifamily Investors, L.P. acquires, holds, sells, and deals in a portfolio of mortgage revenue bonds that have been issued to provide construction and/or permanent financing for multifamily and student housing, and commercial properties. The company was founded in 1998 and is based in Omaha, Nebraska.
ATAX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for America First Multifamily Investors Lp. To summarize, we found that America First Multifamily Investors Lp ranked in the 74th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 208.5%. In terms of the factors that were most noteworthy in this DCF analysis for ATAX, they are:
As a business, ATAX is generating more cash flow than only 12.72% of positive cash flow stocks in the Financial Services.
27% of the company's capital comes from equity, which is greater than just 7.72% of stocks in our cash flow based forecasting set.
America First Multifamily Investors Lp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 23.8% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of America First Multifamily Investors Lp? See FAF, AMP, HCI, HIG, and DGICA.
(This report was posted to members of Yield Hunting on December 17th. All data is from that date. Since that date, the shares have moved higher.) America First Multifamily (ATAX) is a unique K1-issuing limited partnership that is part closed-end fund, part mortgage REIT, part equity REIT, and part real...
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OMAHA, Neb., Dec. 16, 2020 (GLOBE NEWSWIRE) -- On December 16, 2020, America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership” or “ATAX”) announced that the Board of Managers of Greystone AF Manager LLC, which is the general partner of America First Capital Associates Limited Partnership Two, the Partnership’s general partner (the “General Partner”), declared a quarterly cash distribution to the Partnership’s Beneficial Unit Certificate (“BUC”) holders of $0.06 per BUC, payable on January 29, 2021 to BUC holders of record as of the close of trading on December 31, 2020. The BUCs will trade ex-distribution as of December 29, 2020. The General Partner will continue to review the Partnership’s distribution policy from time to time, and the declaration, timing, amount, and...
Rogozinski Kenneth filed a Form 4 with the SEC on Monday, December 14. The insider bought 6,000 shares of America First Multifamily Inc (NASDAQ:ATAX) at an average price of $4.01. After the transaction, the executive's stake in America First Multifamily Inc. moved to 42,908 shares. Shares of America First Multifamily fell by 1% from the previous closing price.Why Insider Transactions Are Important? While transactions from an insider shouldn't be used as the sole item to make an investment or trading decision, an insider buying or selling stock in their company can be a good added factor that leads to more conviction in a decision.Insiders buying stock after a notable sell off can indicate an insider's long-term belief in the success of the company; insiders buying stock at new highs can...