Richard Cavanagh - BlackRock Municipal Independent Co-Chairman of the Board of Trustees
BYM Stock | USD 11.41 0.09 0.80% |
Chairman
Mr. Richard E. Cavanagh is the Independent Chairman of the Board of Trustees of BlackRock Municipal Income Quality Trust. He served as Trustee, Aircraft Finance Trust from 1999 to 2009 Director, The Guardian Life Insurance Company of America since 1998 Trustee, Educational Testing Service from 1997 to 2009 and Chairman thereof from 2005 to 2009 Senior Advisor, The Fremont Group since 2008 and Director thereof since 1996 Faculty MemberAdjunct Lecturer, Harvard University since 2007 President and Chief Executive Officer, The Conference Board, Inc. from 1995 to 2007. since 2019.
Age | 75 |
Tenure | 5 years |
Address | 50 Hudson Yards, New York, NY, United States, 10001 |
Phone | 212 810 5300 |
Web | https://www.blackrock.com/investing/products/24025 |
Richard Cavanagh Latest Insider Activity
Tracking and analyzing the buying and selling activities of Richard Cavanagh against BlackRock Municipal stock is an integral part of due diligence when investing in BlackRock Municipal. Richard Cavanagh insider activity provides valuable insight into whether BlackRock Municipal is net buyers or sellers over its current business cycle. Note, BlackRock Municipal insiders must abide by specific rules, including filing SEC forms every time they buy or sell BlackRock Municipal'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Richard Cavanagh over three months ago Acquisition by Richard Cavanagh of 500 shares of Blackrock Municipal at 22.64 subject to Rule 16b-3 | ||
Richard Cavanagh over three months ago Acquisition by Richard Cavanagh of 100 shares of BlackRock Virginia at 20.1 subject to Rule 16b-3 | ||
Richard Cavanagh over six months ago Acquisition by Richard Cavanagh of 100 shares of BlackRock California at 12.65 subject to Rule 16b-3 | ||
Richard Cavanagh over a year ago Acquisition or disposition of BlackRock New securities by Richard Cavanagh |
BlackRock Municipal Management Efficiency
The company has Return on Asset of 0.0245 % which means that on every $100 spent on assets, it made $0.0245 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0393 %, implying that it generated $0.0393 on every 100 dollars invested. BlackRock Municipal's management efficiency ratios could be used to measure how well BlackRock Municipal manages its routine affairs as well as how well it operates its assets and liabilities. At this time, BlackRock Municipal's Return On Tangible Assets are very stable compared to the past year. As of the 25th of November 2024, Return On Assets is likely to grow to 0.04, while Return On Capital Employed is likely to drop 0.04. At this time, BlackRock Municipal's Debt To Assets are very stable compared to the past year. As of the 25th of November 2024, Return On Assets is likely to grow to 0.04, while Non Currrent Assets Other are likely to drop (508.9 M).Similar Executives
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Management Performance
Return On Equity | 0.0393 | ||||
Return On Asset | 0.0245 |
BlackRock Municipal Leadership Team
Elected by the shareholders, the BlackRock Municipal's board of directors comprises two types of representatives: BlackRock Municipal inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BlackRock. The board's role is to monitor BlackRock Municipal's management team and ensure that shareholders' interests are well served. BlackRock Municipal's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BlackRock Municipal's outside directors are responsible for providing unbiased perspectives on the board's policies.
Henry Gabbay, Independent Trustee | ||
CFA CFA, Portfolio Mang | ||
Robert Hubbard, Independent Trustee | ||
Karen Robards, Independent Vice Chairman of the Board of Trustees | ||
Richard Cavanagh, Independent Co-Chairman of the Board of Trustees | ||
Charles Park, Chief Compliance Officer and Anti-Money Laundering Officer | ||
Frank Fabozzi, Independent Trustee | ||
J Holloman, Independent Trustee | ||
Janey Ahn, Secretary | ||
John Perlowski, President, Chief Executive Officer, Trustee | ||
Michael Castellano, Independent Trustee | ||
Kevin Maloney, Portfolio Mang | ||
Cynthia Egan, Independent Trustee | ||
Jay Fife, Treasurer | ||
Kevin CFA, Portfolio Manager | ||
Jonathan Diorio, Vice President | ||
Michael CFA, Portfolio Manager | ||
Robert Fairbairn, Independent Trustee | ||
Walter CFA, Portfolio Manager | ||
Neal Andrews, Chief Financial Officer | ||
Trent Walker, Chief Financial Officer | ||
Catherine Lynch, Independent Trustee | ||
Stayce Harris, Independent Trustee | ||
W Kester, Independent Trustee |
BlackRock Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is BlackRock Municipal a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | 0.0393 | ||||
Return On Asset | 0.0245 | ||||
Profit Margin | 0.57 % | ||||
Operating Margin | 0.88 % | ||||
Current Valuation | 429.26 M | ||||
Shares Outstanding | 25.9 M | ||||
Shares Owned By Institutions | 30.16 % | ||||
Number Of Shares Shorted | 19.42 K | ||||
Price To Earning | 25.06 X | ||||
Price To Book | 0.90 X |
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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 Municipal. 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 Municipal 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 (0.33) | Dividend Share 0.572 | Earnings Share 0.53 | Revenue Per Share 0.874 | Quarterly Revenue Growth (0.01) |
The market value of BlackRock Municipal 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 Municipal's value that differs from its market value or its book value, called intrinsic value, which is BlackRock Municipal'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 Municipal's market value can be influenced by many factors that don't directly affect BlackRock Municipal'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 Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock Municipal'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.