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BlackRock MuniYield Michigan Quality Fund (MIY) Competitors

$11.05
+0.03 (+0.27%)
(As of 05/31/2024 ET)

MIY vs. CET, QQQX, GAM, MUC, MFIC, SLRC, MQY, HQH, MYI, and PHK

Should you be buying BlackRock MuniYield Michigan Quality Fund stock or one of its competitors? The main competitors of BlackRock MuniYield Michigan Quality Fund include Central Securities (CET), Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX), General American Investors (GAM), BlackRock MuniHoldings California Quality Fund (MUC), MidCap Financial Investment (MFIC), SLR Investment (SLRC), BlackRock MuniYield Quality Fund (MQY), Abrdn Healthcare Investors (HQH), BlackRock MuniYield Quality Fund III (MYI), and PIMCO High Income Fund (PHK). These companies are all part of the "investment offices, not elsewhere classified" industry.

BlackRock MuniYield Michigan Quality Fund vs.

Central Securities (NYSE:CET) and BlackRock MuniYield Michigan Quality Fund (NYSE:MIY) are both small-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, profitability, dividends, media sentiment, analyst recommendations, community ranking, valuation, risk and institutional ownership.

Central Securities has a beta of 0.86, indicating that its share price is 14% less volatile than the S&P 500. Comparatively, BlackRock MuniYield Michigan Quality Fund has a beta of 0.4, indicating that its share price is 60% less volatile than the S&P 500.

Central Securities pays an annual dividend of $1.85 per share and has a dividend yield of 4.3%. BlackRock MuniYield Michigan Quality Fund pays an annual dividend of $0.49 per share and has a dividend yield of 4.4%.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Central Securities
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
BlackRock MuniYield Michigan Quality Fund
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Central SecuritiesN/AN/AN/AN/AN/A
BlackRock MuniYield Michigan Quality FundN/AN/AN/AN/AN/A

BlackRock MuniYield Michigan Quality Fund received 82 more outperform votes than Central Securities when rated by MarketBeat users.

CompanyUnderperformOutperform
Central SecuritiesN/AN/A
BlackRock MuniYield Michigan Quality FundOutperform Votes
82
69.49%
Underperform Votes
36
30.51%

Company Net Margins Return on Equity Return on Assets
Central SecuritiesN/A N/A N/A
BlackRock MuniYield Michigan Quality Fund N/A N/A N/A

8.7% of Central Securities shares are owned by institutional investors. Comparatively, 24.2% of BlackRock MuniYield Michigan Quality Fund shares are owned by institutional investors. 10.3% of Central Securities shares are owned by company insiders. Comparatively, 1.0% of BlackRock MuniYield Michigan Quality Fund shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

In the previous week, Central Securities and Central Securities both had 2 articles in the media. Central Securities' average media sentiment score of 0.47 beat BlackRock MuniYield Michigan Quality Fund's score of 0.22 indicating that BlackRock MuniYield Michigan Quality Fund is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Central Securities
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
BlackRock MuniYield Michigan Quality Fund
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

BlackRock MuniYield Michigan Quality Fund beats Central Securities on 4 of the 6 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MIY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MIY vs. The Competition

MetricBlackRock MuniYield Michigan Quality FundInvestment offices IndustryFinance SectorNYSE Exchange
Market Cap$324.43M$7.14B$9.32B$17.92B
Dividend Yield4.41%6.28%10.11%3.57%
P/E RatioN/A0.4558.1725.09
Price / SalesN/A20.22425.7910.30
Price / CashN/A7.7816.4718.87
Price / BookN/A1.003.215.91
Net IncomeN/A$73.96M$1.01B$976.46M
7 Day Performance-1.60%-0.55%0.33%0.61%
1 Month Performance0.14%2.08%3.29%4.91%
1 Year Performance2.03%5.95%14.12%25.27%

BlackRock MuniYield Michigan Quality Fund Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CET
Central Securities
0 of 5 stars
$43.16
+0.9%
N/AN/A$1.23BN/A0.00N/A
QQQX
Nuveen Nasdaq 100 Dynamic Overwrite Fund
0 of 5 stars
$24.04
+0.6%
N/A-4.8%$1.17BN/A0.00N/APositive News
GAM
General American Investors
0 of 5 stars
$48.16
+0.8%
N/A+20.4%$1.15BN/A0.00N/AShort Interest ↑
MUC
BlackRock MuniHoldings California Quality Fund
0 of 5 stars
$10.91
+0.8%
N/A+3.0%$1.05BN/A0.00147,000Short Interest ↑
News Coverage
MFIC
MidCap Financial Investment
0.7637 of 5 stars
$15.47
+1.2%
$15.04
-2.8%
+34.4%$1.01B$276.52M8.84N/APositive News
SLRC
SLR Investment
1.7937 of 5 stars
$16.29
+1.2%
$14.80
-9.1%
+15.7%$888.70M$229.31M9.15N/AShort Interest ↓
Positive News
MQY
BlackRock MuniYield Quality Fund
0 of 5 stars
$12.10
+1.0%
N/A+5.8%$884.23MN/A0.00N/AShort Interest ↓
Positive News
HQH
Abrdn Healthcare Investors
0 of 5 stars
$16.69
+0.4%
N/A-0.8%$844.93MN/A0.00147,000Short Interest ↑
MYI
BlackRock MuniYield Quality Fund III
0 of 5 stars
$11.07
+0.5%
N/A+1.1%$753.46MN/A0.00147,000Short Interest ↑
Negative News
PHK
PIMCO High Income Fund
0 of 5 stars
$4.80
flat
N/A+1.8%$700.68MN/A0.00147,000Short Interest ↑
News Coverage

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This page (NYSE:MIY) was last updated on 5/31/2024 by MarketBeat.com Staff

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