MIY
Price:
$11.65
Market Cap:
$337.44M
BlackRock MuniYield Michigan Quality Fund, Inc. is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade, long-term municipal obligations exempt from federal income taxes and Michigan income taxes. BlackRock MuniYield Michigan Quality Fund, Inc. was formed on October 30, 1992 and is domiciled in the United States.[Read more]
Industry
Asset Management
IPO Date
1992-11-04
Stock Exchange
NYSE
Ticker
MIY
According to BlackRock MuniYield Michigan Quality Fund, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 17.92. This represents a change of -13.31% compared to the average of 20.67 of the last 4 quarters.
The mean historical PE Ratio of BlackRock MuniYield Michigan Quality Fund, Inc. over the last ten years is -8.41. The current 17.92 PE Ratio has changed -21410.83% with respect to the historical average. Over the past ten years (40 quarters), MIY's PE Ratio was at its highest in in the October 2017 quarter at 64.78. The PE Ratio was at its lowest in in the April 2023 quarter at -237.71.
Average
-8.41
Median
11.57
Minimum
-126.35
Maximum
47.18
Discovering the peaks and valleys of BlackRock MuniYield Michigan Quality Fund, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.03%
Maximum Annual PE Ratio = 47.18
Minimum Annual Increase = -1509.08%
Minimum Annual PE Ratio = -126.35
Year | PE Ratio | Change |
---|---|---|
2024 | 18.35 | -121.45% |
2023 | -85.54 | 1.03% |
2022 | -7.57 | -139.36% |
2021 | 19.23 | 3.98% |
2020 | 18.49 | 65.91% |
2019 | 11.15 | -76.38% |
2018 | 47.18 | -137.34% |
2017 | -126.35 | -1509.08% |
2016 | 8.97 | -25.28% |
2015 | 12.00 | 76.60% |
The current PE Ratio of BlackRock MuniYield Michigan Quality Fund, Inc. (MIY) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-24.92
5-year avg
-7.41
10-year avg
-8.41
BlackRock MuniYield Michigan Quality Fund, Inc.’s PE Ratio is greater than John Hancock Income Securities Trust (-26.02), less than MFS High Income Municipal Trust (19.76), less than MFS Investment Grade Municipal Trust (44.38), greater than Virtus Convertible & Income 2024 Target Term Fund (0), greater than BlackRock MuniHoldings Fund, Inc. (-52.08), less than BlackRock Municipal Income Fund, Inc. (349.22), less than Nuveen Dynamic Municipal Opportunities Fund (39.83), greater than BlackRock MuniYield Quality Fund, Inc. (-102.55), less than DWS Municipal Income Trust (27.36), less than BlackRock MuniYield Quality Fund III, Inc. (19.50), greater than DTF Tax-Free Income 2028 Term Fund Inc. (-69.07), greater than Eaton Vance National Municipal Opportunities Trust (8.53), greater than Invesco High Income 2024 Target Term Fund (8.34), less than BlackRock MuniHoldings New York Quality Fund, Inc. (24.19), greater than Nuveen California Select Tax-Free Income Portfolio (7.72), less than Federated Hermes Premier Municipal Income Fund (23.82),
Company | PE Ratio | Market cap |
---|---|---|
-26.02 | $133.59M | |
19.76 | $119.17M | |
44.38 | $66.38M | |
0 | $167.75M | |
-52.08 | $635.08M | |
349.22 | $904.22M | |
39.83 | $627.19M | |
-102.55 | $882.83M | |
27.36 | $386.24M | |
19.50 | $748.42M | |
-69.07 | $79.15M | |
8.53 | $266.40M | |
8.34 | $66.25M | |
24.19 | $322.98M | |
7.72 | $84.62M | |
23.82 | $127.63M |
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