America First Multifamily Investors operates in four reportable segments: Mortgage Revenue Bond (MRB) Investments, which consists of Co.'s portfolio of MRBs and related property loans; Multifamily, Student, and Senior Citizen Apartment Properties, which consists of multifamily, student housing, and senior citizen residential properties held by Co.; Public Housing Capital Fund Trusts, which consists of assets, liabilities, and related income and expenses of Co.'s Public Housing Capital Fund Trusts' Certificates; and Other Investments, which consists of the operations of Co.'s subsidiary, ATAX Vantage Holdings, LLC, which invests in unconsolidated entities. We show 4 historical shares outstanding datapoints in our ATAX shares outstanding history coverage, used to compute ATAX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ATAX market cap history over the course of time is important for investors
interested in comparing ATAX's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ATAX versus a peer is one thing; comparing
ATAX market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ATAX can fluctuate over the course of history.
With this page we aim to empower investors researching ATAX by allowing them to research the ATAX market cap history. |
Free ATAX Email Alerts:
Video: The Importance of Market Cap
