Blackrock California Municipal Stock Today

BFZ Stock  USD 11.48  0.05  0.43%   

Performance

0 of 100

 
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Odds Of Distress

Less than 9

 
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Low
BlackRock California is trading at 11.48 as of the 22nd of November 2024; that is 0.43 percent decrease since the beginning of the trading day. The stock's open price was 11.53. BlackRock California has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for BlackRock California Municipal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
27th of July 2001
Classification
Financials
BlackRock California Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. BlackRock California Municipal Income Trust was formed on July 31, 2001 and is domiciled in United States. Blackrock California is traded on New York Stock Exchange in the United States.. The company has 30.06 M outstanding shares of which 45.93 K shares are currently shorted by investors with about 0.7 days to cover. More on BlackRock California Municipal

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BlackRock Stock Highlights

CEOJohn Perlowski
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Debt Levels
BlackRock California 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 California's financial leverage. It provides some insight into what part of BlackRock California's total assets is financed by creditors.
Liquidity
BlackRock California Municipal has 4.98 K in debt with debt to equity (D/E) ratio of 0.65, which is OK given its current industry classification. BlackRock California has a current ratio of 0.03, 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 To Netincome

106.71 Million
BlackRock California Municipal (BFZ) is traded on New York Stock Exchange in USA. It is located in 50 Hudson Yards, New York, NY, United States, 10001 and employs 22 people. BlackRock California 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 345.43 M. BlackRock California runs under Capital Markets sector within Financials industry. The entity has 30.06 M outstanding shares of which 45.93 K shares are currently shorted by investors with about 0.7 days to cover. BlackRock California Municipal has about 430.8 K in cash with 17.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check BlackRock California Probability Of Bankruptcy
Ownership Allocation
BlackRock California holds a total of 30.06 Million outstanding shares. 30% of BlackRock California Municipal 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 California Historical Income Statement

At this time, BlackRock California's Interest Expense is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 4.3 M in 2024, whereas Total Revenue is likely to drop slightly above 13.1 M in 2024. View More Fundamentals

BlackRock Stock Against Markets

BlackRock California Corporate Management

Henry GabbayIndependent TrusteeProfile
CFA CFAPortfolio MangProfile
Robert HubbardIndependent TrusteeProfile
Charles ParkChief Compliance OfficerProfile
Frank FabozziIndependent TrusteeProfile

Additional Tools for BlackRock Stock Analysis

When running BlackRock California's price analysis, check to measure BlackRock California's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BlackRock California is operating at the current time. Most of BlackRock California's value examination focuses on studying past and present price action to predict the probability of BlackRock California's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlackRock California's price. Additionally, you may evaluate how the addition of BlackRock California to your portfolios can decrease your overall portfolio volatility.