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Destra Multi-Alternative Fund (DMA) Stock Forecast & Price Prediction

Live DMA Stock Price & Analysis

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$8.66

-0.08 (-0.92%)

12 Month Price Forecast For DMA

$8.66
Current Price
$78.07M
Market Cap
0 Ratings
Buy 0
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to DMA 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

DMA Price Momentum

0.0%
1 Week Change
+2.1%
1 Month Change
+18.0%
1 Year Change
+2.4%
Year-to-Date Change
-5.5%
From 52W High of $9.16
+24.9%
From 52W Low of $6.93

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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 8, 2025 2:58 AM UTC

DMA Analyst Ratings & Price Targets

Currently, there are no Wall Street analyst price targets or forecasts available for DMA (Destra Fund).

DMA is currently trading at $8.66. 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.

DMA Analyst Consensus

0
Buy
0
Hold
0
Sell

DMA Price Target Range

Low
N/A
Average
N/A
High
N/A
Current: $8.66

Latest DMA Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for DMA.

Date Firm Analyst Rating Change Price Target

Stocks Similar to Destra Multi-Alternative Fund

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

Destra Multi-Alternative Fund (DMA) Financial Data

Destra Multi-Alternative Fund has a market capitalization of $78.07M with a P/E ratio of 8.8x. The company generates $7.49M in trailing twelve-month revenue with a 0.0% profit margin.

Revenue growth is N/A quarter-over-quarter, while maintaining an operating margin of 0.0% and return on equity of +6.9%.

Valuation Metrics

Market Cap $78.07M
Enterprise Value $0
P/E Ratio 8.8x
PEG Ratio 0.0x
Price/Sales 10.4x

Growth & Margins

Revenue Growth (YoY) N/A
Gross Margin N/A
Operating Margin 0.0%
Net Margin 0.0%
EPS Growth N/A

Financial Health

Cash/Price Ratio 0.0%
Current Ratio 0.0x
Debt/Equity 0.0x
ROE +6.9%
ROA N/A

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Destra Multi-Alternative Fund logo

Destra Multi-Alternative Fund (DMA) Company Overview

About Destra Multi-Alternative Fund

What They Do

Investment fund focusing on growth and income.

Business Model

This closed-ended balanced mutual fund generates revenue by investing in a diversified portfolio of public equity and fixed income securities in the U.S. It primarily focuses on real estate sector stocks and various fixed income instruments, utilizing both fundamental and quantitative analysis to optimize returns while managing risk.

Additional Information

Launched on June 3, 2011, and managed by Pinhook Capital, LLC, the fund aims to achieve a balance between income generation and capital appreciation, targeting investments across all market capitalizations.

Company Information

Sector

Financial Services

Industry

Asset Management

Employees

0

CEO

Country

United States

IPO Year

2022

Destra Multi-Alternative Fund (DMA) Latest News & Analysis

DMA stock latest news image
Quick Summary

Discounts in closed-end funds narrowed in 2024, especially in equity and taxable fixed-income sectors. Municipal bond funds have wider discounts, indicating potential buying opportunities.

Why It Matters

Narrowing discounts in closed-end funds indicate improved investor sentiment and potential price appreciation. Identifying funds with deep discounts may present buying opportunities, while tighter valuations signal caution.

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

Destra Multi-Alternative Fund (DMA) declared a year-end distribution of $0.3239 per share for 2024, with a record date of December 20 and payable date of December 31, 2024. Ex-distribution date is December 19.

Why It Matters

The declaration of a distribution signals potential income for investors and may influence share price around the ex-distribution date, impacting overall returns.

Source: Business Wire
Market Sentiment: Neutral
DMA stock latest news image
Quick Summary

Destra Multi-Alternative Fund declared a year-end distribution of $0.3239 per share for 2024, with an ex-distribution date updated to December 20, 2024.

Why It Matters

The revised ex-distribution date affects when investors can buy shares to receive the year-end distribution, impacting cash flow and investment timing strategies.

Source: Business Wire
Market Sentiment: Neutral
DMA stock latest news image
Quick Summary

Destra Multi-Alternative Fund invests in private securities for high yields. It trades at a 26.89% discount to NAV, with leverage at 14.71%. Peer funds yield 7%-9%. Recent distributions are uncertain.

Why It Matters

The Destra Multi-Alternative Fund's unique strategy and potential high yield, coupled with its significant discount to net asset value, present an attractive opportunity for capital gains.

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

The Destra Multi-Alternative Fund has changed its holdings disclosure policy, now providing monthly updates of its complete portfolio on its website, effective immediately.

Why It Matters

Increased transparency with monthly portfolio disclosures enhances investor confidence and may attract more capital to the Destra Multi-Alternative Fund, impacting its market performance.

Source: Business Wire
Market Sentiment: Neutral
DMA stock latest news image
Quick Summary

Destra Multi-Alternative Fund has transitioned to a term fund, which may lead to future discounts. Saba Capital Management has a significant stake, potentially influencing management and shareholder benefits.

Why It Matters

The switch to a term fund may create future value opportunities, while Saba Capital's involvement could lead to management changes, impacting shareholders' returns and fund performance.

Source: Seeking Alpha
Market Sentiment: Positive

Frequently Asked Questions About DMA Stock

What is Destra Multi-Alternative Fund's (DMA) stock forecast for 2025?

Analyst forecasts for Destra Multi-Alternative Fund (DMA) are not currently available. The stock is trading at $8.66.

Is DMA stock a good investment in 2025?

Analyst ratings for DMA are not currently available. The stock is currently trading at $8.66. 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 DMA stock?

Price predictions from Wall Street analysts for DMA are not currently available. The stock is trading at $8.66.

What is Destra Multi-Alternative Fund's business model?

This closed-ended balanced mutual fund generates revenue by investing in a diversified portfolio of public equity and fixed income securities in the U.S. It primarily focuses on real estate sector stocks and various fixed income instruments, utilizing both fundamental and quantitative analysis to optimize returns while managing risk.

What is the highest forecasted price for DMA Destra Multi-Alternative Fund?

Price targets from Wall Street analysts for DMA are not currently available. The stock is trading at $8.66.

What is the lowest forecasted price for DMA Destra Multi-Alternative Fund?

Price targets from Wall Street analysts for DMA are not currently available. The stock is trading at $8.66.

What is the overall DMA consensus from analysts for Destra Multi-Alternative Fund?

Analyst ratings for DMA are not currently available. The stock is trading at $8.66.

How accurate are DMA stock price projections?

Stock price projections, including those for Destra Multi-Alternative Fund, 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.