| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 2/6 |
MCA Stock Overview
BlackRock MuniYield California Quality Fund, Inc.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$12.51 |
| 52 Week High | US$16.74 |
| 52 Week Low | US$12.50 |
| Beta | 0.19 |
| 1 Month Change | -6.57% |
| 3 Month Change | -18.77% |
| 1 Year Change | -16.21% |
| 3 Year Change | -7.68% |
| 5 Year Change | -16.21% |
| Change since IPO | -16.60% |
Recent News & Updates
BlackRock MuniYield California Quality Fund declares $0.053 dividend
BlackRock MuniYield California Quality Fund (MCA) declares $0.053/share monthly dividend, in line with previous.Forward yield 4.18%Payable June 1; for shareholders of record May 14; ex-div May 13.See MCA Dividend Scorecard, Yield Chart, & Dividend Growth.
BlackRock MuniYield California Quality Fund declares $0.053 dividend
BlackRock MuniYield California Quality Fund (MCA) declares $0.053/share monthly dividend, in line with previous.Forward yield 4.23%Payable March 1; for shareholders of record Feb. 16; ex-div Feb. 12.See MCA Dividend Scorecard, Yield Chart, & Dividend Growth.
BlackRock MuniYield California Quality Fund declares $0.053 dividend
BlackRock MuniYield California Quality Fund (MCA) declares $0.053/share monthly dividend, in line with previous.Forward yield 4.25%Payable Feb. 1; for shareholders of record Jan. 15; ex-div Jan. 14.See MCA Dividend Scorecard, Yield Chart, & Dividend Growth.
BlackRock MuniYield California Quality Fund declares $0.053 dividend
BlackRock MuniYield California Quality Fund (MCA) declares $0.053/share monthly dividend, in line with previous.Forward yield 4.41%Payable Dec. 1; for shareholders of record Nov. 16; ex-div Nov. 13.See MCA Dividend Scorecard, Yield Chart, & Dividend Growth.
Shareholder Returns
| MCA | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -4.2% | 1.0% | 1.5% |
| 1Y | -16.2% | 3.0% | 0.6% |
Return vs Industry: MCA underperformed the US Capital Markets industry which returned 5.5% over the past year.
Return vs Market: MCA underperformed the US Market which returned 0.6% over the past year.
Price Volatility
| MCA volatility | |
|---|---|
| MCA Average Weekly Movement | 1.5% |
| Capital Markets Industry Average Movement | 0.5% |
| Market Average Movement | 7.5% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 2.6% |
Stable Share Price: MCA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: MCA's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1992 | n/a | n/a | https://www.blackrock.com/investing/products/240263/blackrock-muniyield-california-quality-fund-inc-fund |
BlackRock MuniYield California 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 fixed income markets. It invests in a portfolio of long-term investment-grade municipal obligations, the interest on which is exempt from Federal and California income taxes.
BlackRock MuniYield California Quality Fund Fundamentals Summary
| MCA fundamental statistics | |
|---|---|
| Market Cap | US$430.42m |
| Earnings (TTM) | -US$15.80m |
| Revenue (TTM) | US$30.36m |
14.2x
P/S Ratio-27.2x
P/E RatioIs MCA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MCA income statement (TTM) | |
|---|---|
| Revenue | US$30.36m |
| Cost of Revenue | US$0 |
| Gross Profit | US$30.36m |
| Other Expenses | US$46.16m |
| Earnings | -US$15.80m |
Last Reported Earnings
Jan 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.46 |
| Gross Margin | 100.00% |
| Net Profit Margin | -52.05% |
| Debt/Equity Ratio | 70.0% |
How did MCA perform over the long term?
See historical performance and comparisonDividends
5.4%
Current Dividend Yield-143%
Payout RatioValuation
Is BlackRock MuniYield California Quality Fund undervalued compared to its fair value and its price relative to the market?
0.82x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: MCA ($12.51) is trading above our estimate of fair value ($10.15)
Significantly Below Fair Value: MCA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MCA is unprofitable, so we can't compare its PE Ratio to the US Capital Markets industry average.
PE vs Market: MCA is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MCA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MCA is overvalued based on its PB Ratio (0.8x) compared to the US Capital Markets industry average (-15.2x).
Future Growth
How is BlackRock MuniYield California Quality Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
7.6%
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as BlackRock MuniYield California Quality Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has BlackRock MuniYield California Quality Fund performed over the past 5 years?
20.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCA is currently unprofitable.
Growing Profit Margin: MCA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MCA is unprofitable, but has reduced losses over the past 5 years at a rate of 20.3% per year.
Accelerating Growth: Unable to compare MCA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MCA is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (69.9%).
Return on Equity
High ROE: MCA has a negative Return on Equity (-3.01%), as it is currently unprofitable.
Financial Health
How is BlackRock MuniYield California Quality Fund's financial position?
Financial Position Analysis
Short Term Liabilities: MCA's short term assets ($10.8M) do not cover its short term liabilities ($205.1M).
Long Term Liabilities: MCA's short term assets ($10.8M) do not cover its long term liabilities ($166.2M).
Debt to Equity History and Analysis
Debt Level: MCA's net debt to equity ratio (70%) is considered high.
Reducing Debt: MCA's debt to equity ratio has increased from 66.4% to 70% over the past 5 years.
Debt Coverage: MCA's debt is not well covered by operating cash flow (4.7%).
Interest Coverage: MCA's interest payments on its debt are well covered by EBIT (61.9x coverage).
Balance Sheet
Dividend
What is BlackRock MuniYield California Quality Fund current dividend yield, its reliability and sustainability?
5.37%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MCA's dividend (5.37%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: MCA's dividend (5.37%) is in the top 25% of dividend payers in the US market (3.75%)
Stability and Growth of Payments
Stable Dividend: MCA's dividend payments have been volatile in the past 10 years.
Growing Dividend: MCA's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: MCA is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (134.3%), MCA's dividend payments are not well covered by cash flows.
Management
How experienced are the management team and are they aligned to shareholders interests?
18.3yrs
Average board tenure
CEO
BlackRock MuniYield California Quality Fund has no CEO, or we have no data on them.
Board Members
Experienced Board: MCA's board of directors are seasoned and experienced ( 18.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
BlackRock MuniYield California Quality Fund, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: BlackRock MuniYield California Quality Fund, Inc.
- Ticker: MCA
- Exchange: NYSE
- Founded: 1992
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$430.416m
- Shares outstanding: 34.41m
- Website: https://www.blackrock.com/investing/products/240263/blackrock-muniyield-california-quality-fund-inc-fund
Location
- BlackRock MuniYield California Quality Fund, Inc.
- 100 Bellevue Parkway
- Wilmington
- Delaware
- 19809
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/04/11 00:00 |
| End of Day Share Price | 2022/04/08 00:00 |
| Earnings | 2022/01/31 |
| Annual Earnings | 2021/07/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.