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
$14.64
+0.06 (0.41%)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 4.8% and a 1-year change of 1.9%, reflecting upward 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 $89.52M with a P/E ratio of 162.7x. The company generates $-3,693,241 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 -4.2%.
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, primarily investing in municipal bonds to generate income that is exempt from U.S. federal income taxes. It employs an active management strategy, leveraging its portfolio and using closed-end fund vehicles to exploit value opportunities in the municipal market.
The fund is structured to terminate in 2035, with potential extensions, and includes shareholder protections like tender offers at net asset value during wind-down periods. Its dynamic investment approach offers diversification and aims to deliver tax-advantaged income while managing credit and interest rate risks.
Municipal bond CEFs are narrowing discounts, with NXP and MHF showing strong value. Easing leverage costs from Fed rate cuts may enhance attractiveness despite inherent risks.
Narrowing discounts in municipal bond CEFs indicate potential for price appreciation. Eased leverage costs enhance returns, making these funds more appealing, despite inherent risks.
Passive income from stocks and bonds is subject to federal and state income tax, which may affect overall returns for investors.
Tax implications on passive income from stocks and bonds can reduce overall returns, affecting investment strategies and net earnings for investors.
Passive income from stocks and bonds is taxable at both federal and state levels, which may affect overall returns for investors.
Tax implications on passive income can reduce overall returns, affecting investment strategies and net yields for investors in stocks and bonds.
RFM shows improved valuation but has several negatives. The fund adjusted its managed distribution plan, resulting in a reduced impact on payouts for this year.
RFM's improved valuation may attract interest, but the negatives and a changed distribution plan could signal potential risks and affect future payouts.
Last week, 2 of 23 closed-end fund (CEF) sectors saw price gains, while 4 sectors gained in net asset value (NAV). DEX is set to merge with AGD.
Low sector performance indicates weak market sentiment in closed-end funds. The DEX and AGD merger may affect fund valuations and investor confidence.
The RiverNorth Flexible Municipal Income Fund, Inc. has declared a year-end capital gain distribution, supplementing its regular monthly distribution to meet 2022 requirements.
The capital gain distribution signals strong fund performance, potentially enhancing investor returns and indicating effective management, which may attract more investment.
Analyst forecasts for RiverNorth Flexible Municipal Income Fund, Inc. (RFM) are not currently available. The stock is trading at $14.64.
Analyst ratings for RFM are not currently available. The stock is currently trading at $14.64. 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 $14.64.
The company operates as a closed-end investment fund, primarily investing in municipal bonds to generate income that is exempt from U.S. federal income taxes. It employs an active management strategy, leveraging its portfolio and using closed-end fund vehicles to exploit value opportunities in the municipal market.
Price targets from Wall Street analysts for RFM are not currently available. The stock is trading at $14.64.
Price targets from Wall Street analysts for RFM are not currently available. The stock is trading at $14.64.
Analyst ratings for RFM are not currently available. The stock is trading at $14.64.
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.