Price Alert

BlackRock MuniYield Michi... (MIY)

NYSE: MIY · Real-Time Price · USD

11.03

0.01 (0.08%)

At close: Jul 09, 2025, 3:57 PM

BlackRock MuniYield Michigan Quality Fund Statistics

Share Statistics

BlackRock MuniYield Michigan Quality Fund has n/a shares outstanding. The number of shares has increased by 0% in one year.

Shares Outstanding	n/a
Shares Change (YoY)	0%
Shares Change (QoQ)	0%
Owned by Institutions (%)	19.94%
Shares Floating	28.96M
Failed to Deliver (FTD) Shares	2,887
FTD / Avg. Volume	4.97%

Short Selling Information

The latest short interest is 68.7K, so 0.24% of the outstanding shares have been sold short.

Short Interest	68.7K
Short % of Shares Out	0.24%
Short % of Float	0.24%
Short Ratio (days to cover)	1.28

Valuation Ratios

The PE ratio is 18.35 and the forward PE ratio is null. BlackRock MuniYield Michigan Quality Fund's PEG ratio is -0.03.

PE Ratio	18.35
Forward PE	n/a
PS Ratio	13.14
Forward PS	n/a
PB Ratio	0.89
P/FCF Ratio	14.81
PEG Ratio	-0.03

Financial Ratio History

Enterprise Valuation

BlackRock MuniYield Michigan Quality Fund has an Enterprise Value (EV) of 551.46M.

EV / Sales	21.54
EV / EBITDA	0
EV / EBIT	24.28
EV / FCF	24.28

Financial Position

The company has a current ratio of 8.04, with a Debt / Equity ratio of 0.61.

Current Ratio	8.04
Quick Ratio	8.04
Debt / Equity	0.61
Debt / EBITDA	n/a
Debt / FCF	10.2
Interest Coverage	2.19

Financial Efficiency

Return on Equity is 4.84% and Return on Invested Capital is 3.6%.

Return on Equity	4.84%
Return on Assets	2.99%
Return on Invested Capital	3.6%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	undefined
Asset Turnover	0.04
Inventory Turnover	n/a

Taxes

Income Tax	n/a
Effective Tax Rate	0%

Stock Price Statistics

The stock price has increased by -4.34% in the last 52 weeks. The beta is 0.51, so BlackRock MuniYield Michigan Quality Fund's price volatility has been higher than the market average.

Beta	0.51
52-Week Price Change	-4.34%
50-Day Moving Average	11.28
200-Day Moving Average	11.51
Relative Strength Index (RSI)	40.41
Average Volume (20 Days)	58,081

Income Statement

In the last 12 months, BlackRock MuniYield Michigan Quality Fund had revenue of 25.6M and earned 18.32M in profits. Earnings per share was 0.63.

Revenue	25.6M
Gross Profit	18.58M
Operating Income	22.39M
Net Income	18.32M
EBITDA	n/a
EBIT	22.39M
Earnings Per Share (EPS)	0.63

Full Income Statement

Balance Sheet

The company has 16.39M in cash and 231.57M in debt, giving a net cash position of -215.18M.

Cash & Cash Equivalents	16.39M
Total Debt	231.57M
Net Cash	-215.18M
Retained Earnings	-30.32M
Total Assets	608.24M
Working Capital	n/a

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 22.71M and capital expenditures 4, giving a free cash flow of 22.71M.

Operating Cash Flow	22.71M
Capital Expenditures	4
Free Cash Flow	22.71M
FCF Per Share	0.78

Full Cash Flow Statement

Margins

Gross margin is 72.56%, with operating and profit margins of 87.46% and 71.58%.

Gross Margin	72.56%
Operating Margin	87.46%
Pretax Margin	71.58%
Profit Margin	71.58%
EBITDA Margin	n/a
EBIT Margin	87.46%
FCF Margin	88.72%

Dividends & Yields

MIY pays an annual dividend of $0.68, which amounts to a dividend yield of 6.19%.

Dividend Per Share	$0.68
Dividend Yield	6.19%
Dividend Growth (YoY)	17.2%
Payout Ratio	427.81%
Earnings Yield	5.45%
FCF Yield	6.75%

Dividend Details

Analyst Forecast

Currently there are no analyst rating for MIY.

Price Target	n/a
Price Target Difference	n/a
Analyst Consensus	n/a
Analyst Count	n/a

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$3.15
Lynch Upside	-71.44%
Graham Number	13.65
Graham Upside	23.75%

Scores

Altman Z-Score	1.08
Piotroski F-Score	6