BlackRock Long-Term Municipal Advantage Trust

Company Profile

BlackRock Long-Term Municipal Advantage Trust had its IPO on 2006-02-27 under the ticker symbol BTA.

The company operates in the Financial Services sector and Asset Management industry. BlackRock Long-Term Municipal Advantage Trust has a staff strength of 0 employees.

Stock update

Shares of BlackRock Long-Term Municipal Advantage Trust opened at $9.65 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $9.54 - $9.65, and closed at $9.54.

This is a -0.63% slip from the previous day's closing price.

A total volume of 16,760 shares were traded at the close of the day’s session.

In the last one week, shares of BlackRock Long-Term Municipal Advantage Trust have increased by +0.1%.

BlackRock Long-Term Municipal Advantage Trust's Key Ratios

BlackRock Long-Term Municipal Advantage Trust has a market cap of $129.15 million, indicating a price to book ratio of 0.8737 and a price to sales ratio of 11.1637.

In the last 12-months BlackRock Long-Term Municipal Advantage Trust’s revenue was $11.58 million with a gross profit of $11.58 million and an EBITDA of $0. The EBITDA ratio measures BlackRock Long-Term Municipal Advantage Trust's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, BlackRock Long-Term Municipal Advantage Trust’s operating margin was 84.23% while its return on assets stood at 2.2% with a return of equity of 0%.

In Q2.3333333333333, BlackRock Long-Term Municipal Advantage Trust’s quarterly earnings growth was a negative -83.5% while revenue growth was a negative 3.4%.

BlackRock Long-Term Municipal Advantage Trust’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-1.56 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into BlackRock Long-Term Municipal Advantage Trust’s profitability.

BlackRock Long-Term Municipal Advantage Trust stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 11.1637.

BlackRock Long-Term Municipal Advantage Trust stock pays annual dividends of $0.654 per share, indicating a yield of 5.44% and a payout ratio of 5.8%.

Balance sheet and cash flow metrics

Total Assets

$234.89 million

Total Liabilities

$2.87 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

5.8%

BlackRock Long-Term Municipal Advantage Trust ended 2024 with $234.89 million in total assets and $0 in total liabilities. Its intangible assets were valued at $234.89 million while shareholder equity stood at $143.49 million.

BlackRock Long-Term Municipal Advantage Trust ended 2024 with $0 in deferred long-term liabilities, $2.87 million in other current liabilities, 156422945.00 in common stock, $-12935180.00 in retained earnings and $0 in goodwill. Its cash balance stood at $78237.00 and cash and short-term investments were $78237.00. The company’s total short-term debt was $0 while long-term debt stood at $0.

BlackRock Long-Term Municipal Advantage Trust’s total current assets stands at $2.54 million while long-term investments were $231.66 million and short-term investments were $0. Its net receivables were $2.46 million compared to accounts payable of $2.87 million and inventory worth $0.

In 2024, BlackRock Long-Term Municipal Advantage Trust's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, BlackRock Long-Term Municipal Advantage Trust paid $0.06 in dividends in 2024.

Other key metrics

Current Trading Price

$9.54

52-Week High

$11.834

52-Week Low

$8.3757

Analyst Target Price

$

BlackRock Long-Term Municipal Advantage Trust stock is currently trading at $9.54 per share. It touched a 52-week high of $11.834 and a 52-week low of $11.834. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $9.61 and 200-day moving average was $9.57 The short ratio stood at 1.16 indicating a short percent outstanding of 0%.

Around 0.9% of the company’s stock are held by insiders while 1878.7% are held by institutions.