Mfs Municipal Income Stock Today
MFM Stock | USD 5.53 0.01 0.18% |
Performance0 of 100
| Odds Of DistressLess than 8
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MFS Municipal is selling at 5.53 as of the 22nd of November 2024; that is 0.18 percent down since the beginning of the trading day. The stock's lowest day price was 5.5. MFS Municipal has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for MFS Municipal Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of December 2022 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 5th of November 1987 | Classification Financials |
MFS Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. MFS Municipal Income Trust was founded in November 25, 1986 and and is domiciled in United States. MFS Muni is traded on New York Stock Exchange in the United States.. The company has 41.19 M outstanding shares of which 32.72 K shares are now shorted by investors with about 0.31 days to cover. More on MFS Municipal Income
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MFS Stock Highlights
CEO | Robert Manning | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Old Name | Marifil Mines Limited | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Asset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsMFS Municipal 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 MFS Municipal's financial leverage. It provides some insight into what part of MFS Municipal's total assets is financed by creditors.
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MFS Municipal Income (MFM) is traded on New York Stock Exchange in USA. It is located in 111 Huntington Avenue, Boston, MA, United States, 02199 and employs 31 people. MFS Municipal 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 227.77 M. MFS Municipal Income runs under Capital Markets sector within Financials industry. The entity has 41.19 M outstanding shares of which 32.72 K shares are now shorted by investors with about 0.31 days to cover.
MFS Municipal Income has about 966.01 K in cash with 8.87 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
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Ownership AllocationMFS Municipal Income maintains a total of 41.19 Million outstanding shares. 30% of MFS Municipal outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Therefore, 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 has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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MFS Municipal Historical Income Statement
MFS Stock Against Markets
MFS Municipal Corporate Management
James Kilman | Independent Trustee | Profile | |
Amanda Mooradian | Assistant Secretary, Assistant Clerk | Profile | |
Susan Pereira | Assistant Secretary and Assistant Clerk | Profile | |
Laurie Thomsen | Independent Trustee | Profile | |
CFA CPA | Portfolio Manager | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MFS Municipal Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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 MFS Municipal. If investors know MFS 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 MFS 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 0.228 | Dividend Share 0.22 | Earnings Share 0.17 | Revenue Per Share 0.415 | Quarterly Revenue Growth 0.053 |
The market value of MFS Municipal Income is measured differently than its book value, which is the value of MFS that is recorded on the company's balance sheet. Investors also form their own opinion of MFS Municipal's value that differs from its market value or its book value, called intrinsic value, which is MFS 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 MFS Municipal's market value can be influenced by many factors that don't directly affect MFS 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 MFS Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS 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.