RiverNorth Opportunistic Municipal Income Fund, Inc. Logo

RiverNorth Opportunistic Municipal Income Fund, Inc.

RMI

(1.8)
Stock Price

16,15 USD

2.06% ROA

5.54% ROE

0x PER

Market Cap.

100.717.732,00 USD

67.15% DER

6.78% Yield

212.55% NPM

RiverNorth Opportunistic Municipal Income Fund, Inc. Stock Analysis

RiverNorth Opportunistic Municipal Income Fund, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

RiverNorth Opportunistic Municipal Income Fund, Inc. Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0x), the stock offers substantial upside potential at a bargain price.

2 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

3 ROE

The stock's ROE falls within an average range (3.42%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (2.06%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 DER

The stock has a reasonable amount of debt compared to its ownership (67%), suggesting a balanced financial position and a moderate level of risk.

6 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

7 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

8 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

10 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

11 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is overpriced (0), presenting a possible disadvantage for investors as its market price surpasses its estimated intrinsic value.

RiverNorth Opportunistic Municipal Income Fund, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

RiverNorth Opportunistic Municipal Income Fund, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

RiverNorth Opportunistic Municipal Income Fund, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

RiverNorth Opportunistic Municipal Income Fund, Inc. Revenue
Year Revenue Growth
2018 21.927.692
2019 14.245.960 -53.92%
2020 22.238.944 35.94%
2021 -26.284.332 184.61%
2022 4.504.111 683.56%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

RiverNorth Opportunistic Municipal Income Fund, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2018 0
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

RiverNorth Opportunistic Municipal Income Fund, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2018 307.431
2019 854.440 64.02%
2020 511.741 -66.97%
2021 499.334 -2.48%
2022 537.266 7.06%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

RiverNorth Opportunistic Municipal Income Fund, Inc. EBITDA
Year EBITDA Growth
2018 22.591.642
2019 -25.566.240 188.37%
2020 21.543.480 218.67%
2021 -26.407.530 181.58%
2022 3.800.728 794.8%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

RiverNorth Opportunistic Municipal Income Fund, Inc. Gross Profit
Year Gross Profit Growth
2018 21.927.692
2019 5.773.800 -279.78%
2020 22.238.944 74.04%
2021 -26.284.332 184.61%
2022 4.504.111 683.56%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

RiverNorth Opportunistic Municipal Income Fund, Inc. Net Profit
Year Net Profit Growth
2018 21.498.499
2019 -40.761.080 152.74%
2020 21.543.480 289.2%
2021 -26.961.060 179.91%
2022 3.800.728 809.37%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

RiverNorth Opportunistic Municipal Income Fund, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2018 3
2019 -6 150%
2020 3 300%
2021 -4 175%
2022 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

RiverNorth Opportunistic Municipal Income Fund, Inc. Free Cashflow
Year Free Cashflow Growth
2018 -201.848.637
2019 22.759.080 986.89%
2020 7.883.186 -188.7%
2021 -6.577.886 219.84%
2022 25.264.979 126.04%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

RiverNorth Opportunistic Municipal Income Fund, Inc. Operating Cashflow
Year Operating Cashflow Growth
2018 -201.848.637
2019 22.759.080 986.89%
2020 7.883.186 -188.7%
2021 -6.577.886 219.84%
2022 25.264.979 126.04%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

RiverNorth Opportunistic Municipal Income Fund, Inc. Capital Expenditure
Year Capital Expenditure Growth
2018 0
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

RiverNorth Opportunistic Municipal Income Fund, Inc. Equity
Year Equity Growth
2018 144.617.928
2019 141.938.095 -1.89%
2020 155.226.345 8.56%
2021 113.228.515 -37.09%
2022 109.349.963 -3.55%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

RiverNorth Opportunistic Municipal Income Fund, Inc. Assets
Year Assets Growth
2018 225.457.990
2019 211.023.981 -6.84%
2020 230.102.805 8.29%
2021 205.588.908 -11.92%
2022 184.098.122 -11.67%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

RiverNorth Opportunistic Municipal Income Fund, Inc. Liabilities
Year Liabilities Growth
2018 80.840.062
2019 69.085.886 -17.01%
2020 74.876.460 7.73%
2021 92.360.393 18.93%
2022 74.748.159 -23.56%

RiverNorth Opportunistic Municipal Income Fund, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0
Net Income per Share
0
Price to Earning Ratio
0x
Price To Sales Ratio
22.36x
POCF Ratio
0
PFCF Ratio
3.99
Price to Book Ratio
0
EV to Sales
38.66
EV Over EBITDA
45.82
EV to Operating CashFlow
6.89
EV to FreeCashFlow
6.89
Earnings Yield
0
FreeCashFlow Yield
0.25
Market Cap
0,10 Bil.
Enterprise Value
0,17 Bil.
Graham Number
0
Graham NetNet
0

Income Statement Metrics

Net Income per Share
0
Income Quality
6.65
ROE
0.03
Return On Assets
0.03
Return On Capital Employed
0.05
Net Income per EBT
1
EBT Per Ebit
0.68
Ebit per Revenue
3.12
Effective Tax Rate
0

Margins

Sales, General, & Administrative to Revenue
0.12
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.18
Operating Profit Margin
3.12
Pretax Profit Margin
2.13
Net Profit Margin
2.13

Dividends

Dividend Yield
0.07
Dividend Yield %
6.78
Payout Ratio
2.02
Dividend Per Share
1.07

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.02
Return on Tangible Assets
0.02
Days Sales Outstanding
154.4
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
2.36
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
0,00
Book Value per Share
0,00
Tangible Book Value per Share
0
Shareholders Equity per Share
0
Interest Debt per Share
0
Debt to Equity
0.67
Debt to Assets
0.4
Net Debt to EBITDA
19.32
Current Ratio
2.2
Tangible Asset Value
0,11 Bil.
Net Current Asset Value
-0,07 Bil.
Invested Capital
0.67
Working Capital
0,00 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0.73

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

RiverNorth Opportunistic Municipal Income Fund, Inc. Dividends
Year Dividends Growth
2018 0
2019 1 100%
2020 1 0%
2021 2 50%
2022 1 -100%
2023 1 0%

RiverNorth Opportunistic Municipal Income Fund, Inc. Profile

About RiverNorth Opportunistic Municipal Income Fund, Inc.

RiverNorth Opportunistic Municipal Income Fund, Inc. operates as Closed-End Investment Fund/Investment Trust. It specializes in opportunistic investment strategies in niche markets. The firm operates as investment manager to registered funds, private funds and separately managed accounts. The company is headquartered in West Palm Beach, FL.

CEO
Employee
0
Address
325 North LaSalle Street
Chicago, 60654

RiverNorth Opportunistic Municipal Income Fund, Inc. Executives & BODs

RiverNorth Opportunistic Municipal Income Fund, Inc. Executives & BODs
# Name Age

RiverNorth Opportunistic Municipal Income Fund, Inc. Competitors