Rivernorth Flexible Municipalome Etf Earnings Per Share
| RFM Etf | USD 15.67 0.03 0.19% |
RiverNorth Flexible Municipalome fundamentals help investors to digest information that contributes to RiverNorth Flexible's financial success or failures. It also enables traders to predict the movement of RiverNorth Etf. The fundamental analysis module provides a way to measure RiverNorth Flexible's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to RiverNorth Flexible etf.
RiverNorth |
RiverNorth Flexible Municipalome ETF Earnings Per Share Analysis
RiverNorth Flexible's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Current RiverNorth Flexible Earnings Per Share | 1.96 X |
Most of RiverNorth Flexible's fundamental indicators, such as Earnings Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, RiverNorth Flexible Municipalome is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
| Competition |
According to the company disclosure, RiverNorth Flexible Municipalome has an Earnings Per Share of 1.96 times. This is much higher than that of the family and significantly higher than that of the Earnings Per Share category. The earnings per share for all United States etfs is notably lower than that of the firm.
RiverNorth Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RiverNorth Flexible's direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of RiverNorth Flexible could also be used in its relative valuation, which is a method of valuing RiverNorth Flexible by comparing valuation metrics of similar companies.RiverNorth Flexible is currently under evaluation in earnings per share as compared to similar ETFs.
RiverNorth Fundamentals
| Shares Outstanding | 6.11 M | |||
| Shares Owned By Institutions | 10.76 % | |||
| Number Of Shares Shorted | 10.54 K | |||
| Price To Earning | 7.82 X | |||
| Short Ratio | 0.63 X | |||
| Earnings Per Share | 1.96 X | |||
| Market Capitalization | 94.29 M | |||
| Last Dividend Paid | 1.27 |
About RiverNorth Flexible Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RiverNorth Flexible Municipalome's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RiverNorth Flexible using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RiverNorth Flexible Municipalome based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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RiverNorth Flexible financial ratios help investors to determine whether RiverNorth Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RiverNorth with respect to the benefits of owning RiverNorth Flexible security.