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

Several research analysts have recently commented on ATAX shares. Oppenheimer Holdings Inc. reiterated a “buy” rating on shares of America First Multifamily Investors in a research report on Tuesday, May 10th. Zacks Investment Research lowered America First Multifamily Investors from a “hold” rating to a “sell” rating in a research report on Thursday, May 12th.

The stock has a market capitalization of $341.03 million and a P/E ratio of 16.85. The company has a 50-day moving average of $5.55 and a 200 day moving average of $5.25.

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 analysts’ consensus estimates of $0.08 by $0.04. The business earned $14.93 million during the quarter, compared to the consensus estimate of $15.40 million. Equities research analysts expect that America First Multifamily Investors LP will post $0.30 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, July 29th. Shareholders of record on Thursday, June 30th were given a $0.125 dividend. The ex-dividend date of this dividend was Tuesday, June 28th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 8.83%.

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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