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Home โบ Stocks โบ RiverNorth Flexible Municipal Income Fund Inc. (RFM) Stock Forecast & Price Prediction United States | NYSE | Financial Services | Asset Management
$14.37
+0.00 (0.03%)10 Quality Stocks Worth Considering Now
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RFM has shown a year-to-date change of -3.4% and a 1-year change of -11.2%, 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 |
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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 $87.87M with a P/E ratio of 15.1x. 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.
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Invests in municipal bonds for tax-exempt income.
The company operates as a closed-end fund that generates income through strategic investments in undervalued municipal bonds issued by state and local governments. Its flexible investment strategy allows for dynamic asset allocation across various sectors and credit qualities in the municipal bond market, aiming to capitalize on market inefficiencies and optimize returns for investors.
The fund focuses on delivering consistent tax-exempt income while minimizing interest rate sensitivity risks, making it an attractive option for investors, particularly those in higher tax brackets seeking to reduce tax liabilities while investing in fixed-income securities.
Passive income from stocks and bonds is subject to federal and state income tax, which may impact overall returns for investors.
Tax implications on passive income can reduce net returns for investors, impacting overall profitability and investment strategies.
RFM's valuation has improved, but it faces significant drawbacks. They modified their managed distribution plan, resulting in a smaller payout decrease this year.
RFM's improved valuation could attract buyers, but concerns over its managed distribution plan may signal potential risks, impacting future payouts and overall investment stability.
Last week, 2 of 23 closed-end fund sectors saw price gains, while 4 sectors gained in NAV. DEX is set to merge with AGD.
Limited sector performance indicates market weakness, while the DEX-AGD merger may signal consolidation trends, impacting investor sentiment and potential valuations in closed-end funds.
The RiverNorth Flexible Municipal Income Fund has declared a year-end capital gain distribution to fulfill its 2022 distribution requirement, in addition to its regular monthly distribution.
The RiverNorth Flexible Municipal Income Fund's year-end capital gain distribution signals strong fund performance and compliance with distribution requirements, potentially enhancing investor confidence and returns.
RFM has been declining due to rising interest rate expectations, similar to other long-duration assets.
RFM's decline reflects rising interest rate expectations, impacting long-duration assets' valuation and signaling potential market volatility, influencing investment strategies.
The closed-end fund (CEF) market is increasingly expensive, with municipal CEFs now averaging premium valuations alongside taxable funds.
Rising valuations in the CEF market, especially for Muni CEFs, indicate potential overvaluation risks, which may lead to future price corrections and impact investor returns.
Analyst forecasts for RiverNorth Flexible Municipal Income Fund Inc. (RFM) are not currently available. The stock is trading at $14.37.
Analyst ratings for RFM are not currently available. The stock is currently trading at $14.37. 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 $14.37.
The company operates as a closed-end fund that generates income through strategic investments in undervalued municipal bonds issued by state and local governments. Its flexible investment strategy allows for dynamic asset allocation across various sectors and credit qualities in the municipal bond market, aiming to capitalize on market inefficiencies and optimize returns for investors.
Price targets from Wall Street analysts for RFM are not currently available. The stock is trading at $14.37.
Price targets from Wall Street analysts for RFM are not currently available. The stock is trading at $14.37.
Analyst ratings for RFM are not currently available. The stock is trading at $14.37.
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.