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BlackRock 2037 Municipal Target Term Trust (BMN) Stock Forecast & Price Prediction

Live BMN Stock Price & Analysis

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$25.45

+0.00 (0.00%)

12 Month Price Forecast For BMN

$25.45
Current Price
$156.44M
Market Cap
0 Ratings
Buy 0
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to BMN Price Forecasts

N/A
To High Target of $N/A
N/A
To Median Target of $N/A
N/A
To Low Target of $N/A

BMN Price Momentum

-1.1%
1 Week Change
-0.2%
1 Month Change
+5.6%
1 Year Change
-0.5%
Year-to-Date Change
-2.7%
From 52W High of $26.14
+8.1%
From 52W Low of $23.55

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Disclaimer: 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.

Data last updated: February 10, 2025 3:57 PM UTC

BMN Analyst Ratings & Price Targets

Currently, there are no Wall Street analyst price targets or forecasts available for BMN (BlackRock 2037 Trust).

BMN is currently trading at $25.45. Without active analyst coverage, investors should conduct thorough independent research and consider multiple data points beyond price targets when evaluating this stock for their portfolio.

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.

BMN Analyst Consensus

0
Buy
0
Hold
0
Sell

BMN Price Target Range

Low
N/A
Average
N/A
High
N/A
Current: $25.45

Latest BMN Stock Forecasts by Analyst

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

Stocks Similar to BlackRock 2037 Municipal Target Term Trust

The following stocks are similar to BlackRock 2037 Trust based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

BlackRock 2037 Municipal Target Term Trust (BMN) Financial Data

BlackRock 2037 Municipal Target Term Trust has a market capitalization of $156.44M with a P/E ratio of 17.4x. The company generates $11.91M 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 +7.3%.

Valuation Metrics

Market Cap $156.44M
Enterprise Value $0
P/E Ratio 17.4x
PEG Ratio 0.0x
Price/Sales 13.1x

Growth & Margins

Revenue Growth (YoY) +3.2%
Gross Margin +81.4%
Operating Margin 0.0%
Net Margin 0.0%
EPS Growth +7.4%

Financial Health

Cash/Price Ratio 0.0%
Current Ratio 0.0x
Debt/Equity 0.0x
ROE +7.3%
ROA N/A

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BlackRock 2037 Municipal Target Term Trust logo

BlackRock 2037 Municipal Target Term Trust (BMN) Company Overview

About BlackRock 2037 Municipal Target Term Trust

What They Do

Invests in investment grade municipal securities.

Business Model

The fund operates as a closed-end fixed income mutual fund, primarily generating revenue through investments in investment-grade municipal securities rated BBB- or above. It capitalizes on the demand for tax-exempt income, appealing to investors seeking stable returns amidst fluctuating interest rates.

Additional Information

Managed by BlackRock Advisors, LLC, this fund is designed for investors interested in a targeted investment strategy with a maturity date in 2037, focusing on secure income-generating assets within the municipal bond market. Domiciled in the United States, it aims to provide a reliable income stream while preserving capital.

Company Information

Sector

Financial Services

Industry

Asset Management

Employees

0

CEO

Country

United States

IPO Year

2022

Website

BlackRock 2037 Municipal Target Term Trust (BMN) Latest News & Analysis

BMN stock latest news image
Quick Summary

BlackRock 2037 Municipal Target Term Trust provides tax-free income via a diversified muni bond portfolio. It has strong distribution coverage and potential for increased leverage amid Fed rate cuts.

Why It Matters

BlackRock 2037 Municipal Target Term Trust's solid distribution coverage and potential for increased leverage amid rate cuts enhance its appeal for stable, tax-free income in a diversifying portfolio.

Source: Seeking Alpha
Market Sentiment: Positive
BMN stock latest news image
Quick Summary

BlackRock 2037 Municipal Target Term Trust (BMN) launched successfully, avoiding municipal bond market declines. It aims to return NAV to shareholders by 2037 and has recently begun using leverage.

Why It Matters

BMN's launch timing helps mitigate risks from rising rates, while its leverage strategy could enhance returns, making it an appealing option for investors seeking stability in municipal bonds.

Source: Seeking Alpha
Market Sentiment: Positive
BMN stock latest news image
Quick Summary

Longer-duration municipal bonds are currently attractive compared to corporate bonds. Municipal CEFs are trading at wide discounts, with higher-quality bonds being favored.

Why It Matters

Longer-duration munis offer better yields than corporate bonds, and wide discounts in muni CEFs indicate potential for gains, making higher-quality bonds appealing for investment strategies.

Source: Seeking Alpha
Market Sentiment: Neutral
BMN stock latest news image
Quick Summary

The CEF market has experienced significant price volatility recently, prompting a review of key income investment decision factors to enhance allocation strategies for CEFs.

Why It Matters

Volatile price movements in the CEF market indicate potential investment opportunities or risks, prompting investors to reassess income strategies for optimal asset allocation.

Source: Seeking Alpha
Market Sentiment: Neutral
BMN stock latest news image
Quick Summary

BlackRock 2037 Municipal Target Term Trust (BMN) aims for a $25 NAV at its 2037 termination. It is a defensive closed-end fund with no current leverage and a favorable duration profile.

Why It Matters

BlackRock 2037 Municipal Target Term Trust offers a stable investment option with a clear return goal, appealing to risk-averse investors seeking predictable outcomes in municipal bonds.

Source: Seeking Alpha
Market Sentiment: Positive
BMN stock latest news image
Quick Summary

In 2021, 12 closed-end funds launched, all with negative returns. They trade at an average -12.5% discount to NAV, offering yields up to 12.9%, with hybrid funds outperforming others.

Why It Matters

The poor performance of newly launched CEFs and their wide discounts signal potential value opportunities, while high yields may attract income-focused investors amidst market volatility.

Source: Seeking Alpha
Market Sentiment: Neutral

Frequently Asked Questions About BMN Stock

What is BlackRock 2037 Municipal Target Term Trust's (BMN) stock forecast for 2025?

Analyst forecasts for BlackRock 2037 Municipal Target Term Trust (BMN) are not currently available. The stock is trading at $25.45.

Is BMN stock a good investment in 2025?

Analyst ratings for BMN are not currently available. The stock is currently trading at $25.45. 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.

What is the price prediction for BMN stock?

Price predictions from Wall Street analysts for BMN are not currently available. The stock is trading at $25.45.

What is BlackRock 2037 Municipal Target Term Trust's business model?

The fund operates as a closed-end fixed income mutual fund, primarily generating revenue through investments in investment-grade municipal securities rated BBB- or above. It capitalizes on the demand for tax-exempt income, appealing to investors seeking stable returns amidst fluctuating interest rates.

What is the highest forecasted price for BMN BlackRock 2037 Municipal Target Term Trust?

Price targets from Wall Street analysts for BMN are not currently available. The stock is trading at $25.45.

What is the lowest forecasted price for BMN BlackRock 2037 Municipal Target Term Trust?

Price targets from Wall Street analysts for BMN are not currently available. The stock is trading at $25.45.

What is the overall BMN consensus from analysts for BlackRock 2037 Municipal Target Term Trust?

Analyst ratings for BMN are not currently available. The stock is trading at $25.45.

How accurate are BMN stock price projections?

Stock price projections, including those for BlackRock 2037 Municipal 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.