Pioneer Municipal High Stock Today

MHI Stock  USD 9.44  0.01  0.11%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Over 70

 
High
 
Low
Quite High
Pioneer Municipal is trading at 9.44 as of the 22nd of November 2024. This is a 0.11 percent up since the beginning of the trading day. The stock's open price was 9.43. Pioneer Municipal has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Pioneer Municipal High 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
18th of July 2003
Classification
Financials
Pioneer Municipal High Income Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. Pioneer Municipal High Income Fund, Inc. was formed on March 13, 2003 and is domiciled in the United States. The company has 22.77 M outstanding shares of which 47.9 K shares are now shorted by investors with about 1.13 days to cover. More on Pioneer Municipal High

Moving against Pioneer Stock

  0.44IPXXU Inflection Point AcqPairCorr
  0.37WAVS Western AcquisitionPairCorr

Pioneer Stock Highlights

CEOLisa Jones
Old Names[Mineral Hill Industries Ltd, MOSYS, MOSYS, MoSys Inc]
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current LiabilitiesM5.7 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total4.6 M4.8 M
Notably Down
Slightly volatile
Total Assets319.2 M276.6 M
Fairly Up
Slightly volatile
Total Current Assets8.2 M10.9 M
Way Down
Slightly volatile
Debt Levels
Pioneer 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 Pioneer Municipal's financial leverage. It provides some insight into what part of Pioneer Municipal's total assets is financed by creditors.
Liquidity
Pioneer Municipal High has 50 M in debt with debt to equity (D/E) ratio of 0.58, which is OK given its current industry classification. Pioneer Municipal High has a current ratio of 4.91, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Pioneer to invest in growth at high rates of return.

Total Cash From Operating Activities

8.28 Million
Pioneer Municipal High (MHI) is traded on New York Stock Exchange in USA. It is located in 60 State Street, Boston, MA, United States, 02109-1820 and employs 22 people. Pioneer 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 214.73 M. Pioneer Municipal High runs under Capital Markets sector within Financials industry. The entity has 22.77 M outstanding shares of which 47.9 K shares are now shorted by investors with about 1.13 days to cover. Pioneer Municipal High has about 106.71 K in cash with 7.85 M of positive cash flow from operations.
Check Pioneer Municipal Probability Of Bankruptcy
Ownership Allocation
Pioneer Municipal owns a total of 22.77 Million outstanding shares. Over half of Pioneer Municipal's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Pioneer Ownership Details

Pioneer Municipal Historical Income Statement

As of now, Pioneer Municipal's EBITDA is decreasing as compared to previous years. The Pioneer Municipal's current Net Interest Income is estimated to increase to about 12.6 M, while Interest Expense is projected to decrease to under 3.5 M. View More Fundamentals

Pioneer Stock Against Markets

Pioneer Municipal Corporate Management

Kelly ODonnellAnti-Money Laundering OfficerProfile
Thomas ReyesAssistant SecretaryProfile
Benjamin FriedmanIndependent TrusteeProfile
Marguerite PiretIndependent TrusteeProfile
Luis PresuttiAssistant TreasurerProfile
When determining whether Pioneer Municipal High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pioneer Municipal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pioneer Municipal High Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pioneer Municipal High Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Pioneer Municipal High. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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 Pioneer Municipal. If investors know Pioneer 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 Pioneer 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
(0.07)
Dividend Share
0.359
Revenue Per Share
0.754
Quarterly Revenue Growth
0.044
Return On Assets
0.028
The market value of Pioneer Municipal High is measured differently than its book value, which is the value of Pioneer that is recorded on the company's balance sheet. Investors also form their own opinion of Pioneer Municipal's value that differs from its market value or its book value, called intrinsic value, which is Pioneer 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 Pioneer Municipal's market value can be influenced by many factors that don't directly affect Pioneer 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 Pioneer Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer 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.