America First Multifamily Investors LP (NASDAQ:ATAX) reached a new 52-week high during trading on Friday . The company traded as high as $5.69 and last traded at $5.68, with a volume of 146,336 shares traded. The stock had previously closed at $5.66.

A number of research firms recently commented on ATAX. Zacks Investment Research upgraded America First Multifamily Investors from a “sell” rating to a “hold” rating in a research report on Monday, July 11th. Oppenheimer Holdings Inc. reiterated a “buy” rating on shares of America First Multifamily Investors in a research report on Tuesday, May 10th.

The stock’s 50 day moving average price is $5.54 and its 200 day moving average price is $5.25. The company has a market cap of $341.03 million and a price-to-earnings ratio of 16.85.

America First Multifamily Investors (NASDAQ:ATAX) last announced its quarterly earnings results on Tuesday, May 3rd. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.08 by $0.04. The business earned $14.93 million during the quarter, compared to the consensus estimate of $15.40 million. Analysts predict that America First Multifamily Investors LP will post $0.30 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, July 29th. Shareholders of record on Thursday, June 30th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 8.83%. The ex-dividend date is Tuesday, June 28th.

America First Multifamily Investors, L.P. is engaged in acquiring, holding, selling and dealing with a portfolio of mortgage revenue bonds, which have been issued to provide construction and/or permanent financing for multifamily and student housing (collectively Residential Properties) and commercial properties.

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