Blackrock Mit Ii Stock Today

BLE Stock  USD 11.08  0.11  1.00%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
BlackRock MIT is trading at 11.08 as of the 30th of November 2024, a 1.00 percent increase since the beginning of the trading day. The stock's lowest day price was 10.99. BlackRock MIT has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat weak performance during the last 90 days. Equity ratings for BlackRock MIT II are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
26th of July 2002
Classification
Financials
BlackRock Municipal Income Trust II is a closed ended fixed income mutual fund launched by BlackRock, Inc. BlackRock Municipal Income Trust II was formed on July 30, 2002 and is domiciled in United States. Blackrock Muni is traded on New York Stock Exchange in the United States. The company has 47.73 M outstanding shares of which 35.12 K shares are currently shorted by investors with about 0.31 days to cover. More on BlackRock MIT II

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BlackRock Stock Highlights

CEOJohn Perlowski
Old Names[bluebird bio Inc, bluebird bio Inc]
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.880.6081
Way Up
Slightly volatile
Total Current Liabilities49.7 M116.5 M
Way Down
Slightly volatile
Non Current Liabilities Total302.7 M174.1 M
Way Up
Slightly volatile
Total Assets936 M870.4 M
Significantly Up
Slightly volatile
Total Current Assets10 M23.9 M
Way Down
Pretty Stable
Debt Levels
BlackRock MIT can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand BlackRock MIT's financial leverage. It provides some insight into what part of BlackRock MIT's total assets is financed by creditors.
Liquidity
BlackRock MIT II has 268.59 M in debt with debt to equity (D/E) ratio of 0.63, which is OK given its current industry classification. BlackRock MIT II has a current ratio of 0.12, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for BlackRock to invest in growth at high rates of return.

Change In Cash

(1.86 Million)
BlackRock MIT II (BLE) is traded on New York Stock Exchange in USA. It is located in 50 Hudson Yards, New York, NY, United States, 10001 and employs 20 people. BlackRock MIT is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 528.82 M. BlackRock MIT II runs under Capital Markets sector within Financials industry. The entity has 47.73 M outstanding shares of which 35.12 K shares are currently shorted by investors with about 0.31 days to cover. BlackRock MIT II has about 2.37 M in cash with 106.09 M of positive cash flow from operations.
Check BlackRock MIT Probability Of Bankruptcy
Ownership Allocation
BlackRock MIT holds a total of 47.73 Million outstanding shares. 30% of BlackRock MIT II outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check BlackRock Ownership Details

BlackRock MIT Historical Income Statement

At present, BlackRock MIT's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Net Interest Income is expected to grow to about 26 M, whereas Total Revenue is forecasted to decline to (1.5 M). View More Fundamentals

BlackRock Stock Against Markets

BlackRock MIT Corporate Management

Henry GabbayIndependent TrusteeProfile
Robert HubbardIndependent TrusteeProfile
Charles ParkChief Compliance OfficerProfile
Frank FabozziIndependent TrusteeProfile
J HollomanIndependent TrusteeProfile
When determining whether BlackRock MIT II is a strong investment it is important to analyze BlackRock MIT's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BlackRock MIT's future performance. For an informed investment choice regarding BlackRock Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackRock MIT II. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BlackRock MIT. If investors know BlackRock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BlackRock MIT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.42)
Dividend Share
0.552
Earnings Share
0.61
Revenue Per Share
0.807
Quarterly Revenue Growth
(0.08)
The market value of BlackRock MIT II is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock MIT's value that differs from its market value or its book value, called intrinsic value, which is BlackRock MIT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackRock MIT's market value can be influenced by many factors that don't directly affect BlackRock MIT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackRock MIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock MIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock MIT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.