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Home โบ Stocks โบ BlackRock Municipal 2037 Target Term Trust (BMN) Stock Forecast & Price Prediction United States | NYSE | Financial Services | Asset Management
$24.79
+0.05 (0.20%)Did BMN Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if BlackRock 2037 Trust is one of their latest high-conviction picks.
BMN has shown a year-to-date change of -3.1% and a 1-year change of 0.9%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for BMN. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for BMN.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Nov 22, 2022 | Credit Suisse | Underperform | Initiates | $0.00 | |
Nov 7, 2022 | Goldman Sachs | Sell | Maintains | $0.00 | |
Oct 31, 2022 | Jefferies | Buy | Maintains | $0.00 | |
Sep 13, 2022 | Keybanc | Overweight | Initiates | $0.00 | |
Sep 6, 2022 | B of A Securities | Buy | Initiates | $0.00 | |
Sep 1, 2022 | Citigroup | Neutral | Initiates | $0.00 | |
May 23, 2022 | Jefferies | Buy | Maintains | $0.00 | |
Dec 2, 2021 | Berenberg | Hold | Initiates | $0.00 | |
Aug 6, 2021 | JMP Securities | Market Outperform | Maintains | $0.00 | |
Aug 6, 2021 | RBC Capital | Outperform | Maintains | $0.00 | |
May 14, 2021 | Goldman Sachs | Sell | Initiates | $0.00 | |
Jan 15, 2021 | KeyBanc | Sector Weight | Initiates | $0.00 | |
Jul 31, 2020 | B of A Securities | Neutral | Downgrade | $0.00 | |
Jul 20, 2020 | Jefferies | Buy | Upgrade | $0.00 | |
May 15, 2020 | Citigroup | Buy | Initiates | $0.00 | |
May 8, 2020 | RBC Capital | Outperform | Maintains | $0.00 | |
Feb 21, 2020 | Deutsche Bank | Buy | Maintains | $0.00 | |
Feb 21, 2020 | RBC Capital | Outperform | Reiterates | $0.00 | |
Jan 10, 2020 | Jefferies | Hold | Downgrade | $0.00 | |
Oct 22, 2019 | Nomura | Buy | Upgrade | $0.00 |
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BlackRock Municipal 2037 Target Term Trust has a market capitalization of $152.09M with a P/E ratio of 38.1x. The company generates $4.16M in trailing twelve-month revenue with a 0.0% profit margin.
Revenue growth is +3.2% quarter-over-quarter, while maintaining an operating margin of 0.0% and return on equity of +2.5%.
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Fixed-income investment trust focusing on municipal bonds.
The trust generates revenue by investing primarily in investment-grade municipal bonds, which provide tax-exempt income to investors. With a target maturity date of December 31, 2037, it aims to return capital to shareholders while offering predictable interest rates and supporting community projects.
As a closed-end fund within BlackRock's investment portfolio, this trust provides diversification through various state and local government debt instruments. It is particularly appealing to investors seeking stable income and tax benefits, aligning with long-term investment strategies.
BlackRock 2037 Municipal Target Term Trust provides tax-free income via a diversified muni bond portfolio. It has strong distribution coverage and potential for added leverage amid Fed rate cuts.
BlackRock 2037 Municipal Target Term Trust's tax-free income, strong distribution coverage, and potential for added leverage amid rate cuts enhance its attractiveness as a stable investment option.
BlackRock 2037 Municipal Target Term Trust (BMN) launched successfully, avoiding recent municipal bond market declines. The fund aims to return NAV by 2037 and has recently begun using leverage.
BMN's launch timing allows it to sidestep recent municipal bond declines, enhancing its appeal. The use of leverage, post-rate stabilization, may boost returns, attracting investor interest.
Longer-duration municipal bonds are currently attractive compared to corporate bonds. Additionally, municipal closed-end funds show wide discounts, with higher-quality bonds being preferable.
Longer-duration munis offer better returns compared to corporate bonds, while wide discounts in muni CEFs and high-quality bonds signal potential buying opportunities.
Recent volatility in the CEF market highlights the importance of key decision factors in income investing to optimize allocation strategies.
Volatile price movements in the CEF market indicate potential investment risks and opportunities, highlighting the need for strategic income-focused allocation decisions.
BlackRock 2037 Municipal Target Term Trust aims to return $25 at its 2037 termination. It is a defensive, unleveraged municipal closed-end fund with a favorable duration profile.
The BlackRock 2037 Municipal Target Term Trust offers a predictable return with minimal risk due to its defensive structure, making it an attractive option for conservative investors seeking stability.
In 2021, closed-end funds (CEFs) launched have all seen negative returns. They trade at an average -12.5% discount to NAV, offering yields up to 12.9%, with hybrid funds performing better than others.
The poor performance of 2021 CEFs and their significant NAV discounts highlight potential risks, while high yields may attract income-focused investors seeking better returns.
Analyst forecasts for BlackRock Municipal 2037 Target Term Trust (BMN) are not currently available. The stock is trading at $24.79.
Analyst ratings for BMN are not currently available. The stock is currently trading at $24.79. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for BMN are not currently available. The stock is trading at $24.79.
The trust generates revenue by investing primarily in investment-grade municipal bonds, which provide tax-exempt income to investors. With a target maturity date of December 31, 2037, it aims to return capital to shareholders while offering predictable interest rates and supporting community projects.
Price targets from Wall Street analysts for BMN are not currently available. The stock is trading at $24.79.
Price targets from Wall Street analysts for BMN are not currently available. The stock is trading at $24.79.
Analyst ratings for BMN are not currently available. The stock is trading at $24.79.
Stock price projections, including those for BlackRock Municipal 2037 Target Term Trust, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.