Missedย NVDA?
Donโt Miss the Next One.
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ for free.
Home โบ Stocks โบ RiverNorth Flexible Municipal Income Fund, Inc. (RFM) Stock Forecast & Price Prediction United States | NYSE | Financial Services | Asset Management
$14.18
+0.03 (0.21%)Did RFM 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 RiverNorth Fund is one of their latest high-conviction picks.
RFM has shown a year-to-date change of 1.5% and a 1-year change of -5.6%, reflecting downward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for RFM. 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 RFM.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|
The following stocks are similar to RiverNorth Fund based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
RiverNorth Flexible Municipal Income Fund, Inc. has a market capitalization of $86.71M with a P/E ratio of 14.7x. The company generates $0 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 N/A.
97% of Analyst Ratings Go Nowhere
We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings โ tracked and updated every Monday and Thursday.
Provides tax-exempt income through municipal bonds.
The company operates as a closed-end investment fund that focuses on generating current income exempt from federal taxes by investing in a diverse range of municipal bonds. It employs an active management strategy that includes leveraging and tactical asset allocation to maximize returns and capitalize on market opportunities.
The fund has a scheduled termination date in 2035, with potential for extension, and incorporates shareholder protections like tender offers at net asset value during wind-down periods. Its strategy offers investors diversification and exposure to U.S. municipal issuers, while also addressing the risks associated with credit and interest rates in the municipal bond market.
Passive income from stocks and bonds is subject to federal and state income tax, which can reduce overall earnings for investors.
Tax implications on passive income can reduce overall returns, affecting net gains for investors and influencing their portfolio strategies and asset allocation decisions.
Passive income from stocks and bonds is subject to federal and state income taxes, which may impact overall returns for investors.
Tax implications on passive income can reduce overall returns from stocks and bonds, affecting investment strategies and net income for investors.
RFM's valuation has improved, but it faces several negatives. The fund has adjusted its managed distribution plan to reduce this year's payout impact.
RFM's improved valuation may attract interest, but the negatives and altered distribution plan could signal potential risks, affecting investor confidence and future payouts.
Last week, 2 of 23 closed-end fund (CEF) sectors showed price gains, while 4 sectors reported positive net asset value (NAV). DEX is set to merge with AGD.
Limited sector performance indicates weak market sentiment, while the DEX and AGD merger may signal consolidation trends, potentially impacting CEF valuations and investor strategies.
The RiverNorth Flexible Municipal Income Fund has declared a year-end capital gain distribution to meet its 2022 distribution requirements, in addition to its regular monthly distribution.
The capital gain distribution indicates the Fund's strong performance, potentially enhancing yields for investors and signaling effective management of municipal investments.
RFM has been declining, consistent with other long-duration assets, amid expectations of higher interest rates.
RFM's decline signals market sensitivity to interest rate changes, impacting long-duration asset valuations and potentially affecting investment strategies and risk assessments.
Analyst forecasts for RiverNorth Flexible Municipal Income Fund, Inc. (RFM) are not currently available. The stock is trading at $14.18.
Analyst ratings for RFM are not currently available. The stock is currently trading at $14.18. 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 RFM are not currently available. The stock is trading at $14.18.
The company operates as a closed-end investment fund that focuses on generating current income exempt from federal taxes by investing in a diverse range of municipal bonds. It employs an active management strategy that includes leveraging and tactical asset allocation to maximize returns and capitalize on market opportunities.
Price targets from Wall Street analysts for RFM are not currently available. The stock is trading at $14.18.
Price targets from Wall Street analysts for RFM are not currently available. The stock is trading at $14.18.
Analyst ratings for RFM are not currently available. The stock is trading at $14.18.
Stock price projections, including those for RiverNorth Flexible Municipal Income Fund, Inc., 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.