RiverNorth Opportunistic Municipal Income Fund, Inc.

RiverNorth Opportunistic Municipal Income Fund, Inc.verified

RMI

Price:

$15.73

Market Cap:

$100.27M

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.[Read more]

Industry

Financial - Conglomerates

IPO Date

2018-10-26

Stock Exchange

NYSE

Ticker

RMI

The PE Ratio as of November 2024 (TTM) for RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) is 12.69

According to RiverNorth Opportunistic Municipal Income Fund, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 12.69. This represents a change of 25.66% compared to the average of 10.10 of the last 4 quarters.

RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) Historical PE Ratio (quarterly & annually)

How has RMI PE Ratio performed in the past?

The mean historical PE Ratio of RiverNorth Opportunistic Municipal Income Fund, Inc. over the last ten years is 13.40. The current 12.69 PE Ratio has changed 9.37% with respect to the historical average. Over the past ten years (40 quarters), RMI's PE Ratio was at its highest in in the December 2021 quarter at 101.49. The PE Ratio was at its lowest in in the June 2020 quarter at -13.03.

Quarterly (TTM)
Annual

Average

13.40

Median

9.76

Minimum

-4.14

Maximum

31.19

RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) PE Ratio by Quarter and Year

Discovering the peaks and valleys of RiverNorth Opportunistic Municipal Income 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 = 392.86%

Maximum Annual PE Ratio = 31.19

Minimum Annual Increase = -763.69%

Minimum Annual PE Ratio = -4.14

Quarterly (TTM)
Annual
YearPE RatioChange
202412.68-53.83%
202327.46-763.69%
2022-4.14-160.38%
20216.85-78.04%
202031.19392.86%

RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) Average PE Ratio

How has RMI PE Ratio performed in the past?

The current PE Ratio of RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

12.00

5-year avg

14.81

10-year avg

13.40

RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) PE Ratio vs. Peers

How is RMI’s PE Ratio compared to its peers?

RiverNorth Opportunistic Municipal Income Fund, Inc.’s PE Ratio is less than MFS Investment Grade Municipal Trust (44.38), greater than Nuveen Preferred and Income Fund (-3.40), greater than Rivernorth Managed Duration Municipal Income Fund Inc. (12.15), less than BlackRock MuniHoldings New York Quality Fund, Inc. (24.19), greater than Virtus Convertible & Income 2024 Target Term Fund (0), greater than Invesco High Income 2024 Target Term Fund (8.34), greater than Eaton Vance National Municipal Opportunities Trust (8.53), less than Federated Hermes Premier Municipal Income Fund (23.82), greater than Nuveen California Select Tax-Free Income Portfolio (7.72),

Build a custom stock screener for RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like RiverNorth Opportunistic Municipal Income Fund, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) and other stocks custom spreadsheet templates

The easiest way to analyze a company like RiverNorth Opportunistic Municipal Income Fund, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is RiverNorth Opportunistic Municipal Income Fund, Inc.'s PE Ratio?

How is the PE Ratio calculated for RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI)?

What is the highest PE Ratio for RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI)?

What is the 3-year average PE Ratio for RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI)?

What is the 5-year average PE Ratio for RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI)?

How does the current PE Ratio for RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) compare to its historical average?