RiverNorth Opportunistic ... (RMI)
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15.71
-0.22%
After-hours Dec 13, 2024, 07:00 PM EST

RiverNorth Opportunistic Municipal Income Fund Statistics

Share Statistics

RiverNorth Opportunistic Municipal Income Fund has - shares outstanding. The number of shares has increased by null% in one year.

Shares Outstanding -
Shares Change (YoY) n/a
Shares Change (QoQ) n/a
Owned by Institutions (%) n/a
Shares Floating -
Failed to Deliver (FTD) Shares 719
FTD / Avg. Volume 3.62%

Short Selling Information

The latest short interest is 2.61K, so 0.04% of the outstanding shares have been sold short.

Short Interest 2.61K
Short % of Shares Out 0.04%
Short % of Float 0.04%
Short Ratio (days to cover) 0.15

Valuation Ratios

The PE ratio is 12.68 and the forward PE ratio is null.

PE Ratio 12.68
Forward PE null
PS Ratio 17.27
Forward PS null
PB Ratio 0.91
P/FCF Ratio 19.8
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

RiverNorth Opportunistic Municipal Income Fund Inc. has an Enterprise Value (EV) of 177.78M.

EV / Earnings 22.44
EV / Sales 30.59
EV / EBITDA 16.56
EV / EBIT 66.76
EV / FCF 35.06

Financial Position

The company has a current ratio of 0, with a Debt / Equity ratio of 0.58.

Current Ratio 0
Quick Ratio 0
Debt / Equity 0.58
Total Debt / Capitalization 36.83
Cash Flow / Debt 0.08
Interest Coverage 0.95

Financial Efficiency

Return on equity (ROE) is 0.07% and return on capital (ROIC) is 1.53%.

Return on Equity (ROE) 0.07%
Return on Assets (ROA) 0.05%
Return on Capital (ROIC) 1.53%
Revenue Per Employee -
Profits Per Employee -
Employee Count -
Asset Turnover 0.03
Inventory Turnover 0

Taxes

Income Tax 0
Effective Tax Rate 0

Stock Price Statistics

The stock price has increased by 2.14% in the last 52 weeks. The beta is 0.5, so RiverNorth Opportunistic Municipal Income Fund 's price volatility has been higher than the market average.

Beta 0.5
52-Week Price Change 2.14%
50-Day Moving Average 16.02
200-Day Moving Average 15.97
Relative Strength Index (RSI) 38.28
Average Volume (20 Days) 19.87K

Income Statement

In the last 12 months, RiverNorth Opportunistic Municipal Income Fund had revenue of $5.81M and earned $7.92M in profits. Earnings per share was $1.24.

Revenue 5.81M
Gross Profit 3.48M
Operating Income 2.66M
Net Income 7.92M
EBITDA 10.74M
EBIT 2.66M
Earnings Per Share (EPS) 1.24
Full Income Statement

Balance Sheet

The company has $23.93K in cash and $64.06M in debt, giving a net cash position of -$64.03M.

Cash & Cash Equivalents 23.93K
Total Debt 64.06M
Net Cash -64.03M
Retained Earnings -3.53M
Total Assets 174.90M
Working Capital -991.63K
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $5.07M and capital expenditures $0, giving a free cash flow of $5.07M.

Operating Cash Flow 5.07M
Capital Expenditures 0
Free Cash Flow 5.07M
FCF Per Share 0.8
Full Cash Flow Statement

Margins

Gross margin is 59.9%, with operating and profit margins of 45.82% and 136.28%.

Gross Margin 59.9%
Operating Margin 45.82%
Pretax Margin 136.28%
Profit Margin 136.28%
EBITDA Margin 184.74%
EBIT Margin 45.82%
FCF Margin 87.24%

Dividends & Yields

RMI pays an annual dividend of $1.16, which amounts to a dividend yield of 7.26%.

Dividend Per Share $1.16
Dividend Yield 7.26%
Dividend Growth (YoY) -0.75%
Payout Ratio 93.55%
Earnings Yield 7.87%
FCF Yield 5.05%
Dividend Details

Analyst Forecast

Currently there are no analyst rating for RMI.

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

Scores

Altman Z-Score 1.27
Piotroski F-Score 6