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MHD

BlackRock MuniHoldings FundNYSE:MHD Stock Report

Last Price

US$15.41

Market Cap

US$822.2m

7D

-4.8%

1Y

-4.6%

Updated

19 Jan, 2022

Data

Company Financials
MHD fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health1/6
Dividends3/6

MHD Stock Overview

BlackRock MuniHoldings Fund, Inc. is a closed-ended fixed income mutual fund launched by BlackRock, Inc.

Price History & Performance

Summary of all time highs, changes and price drops for BlackRock MuniHoldings Fund
Historical stock prices
Current Share PriceUS$15.41
52 Week HighUS$17.50
52 Week LowUS$15.35
Beta0.23
1 Month Change-9.88%
3 Month Change-4.58%
1 Year Change-4.64%
3 Year Change1.65%
5 Year Change-6.72%
Change since IPO0.23%

Recent News & Updates

May 07

BlackRock MuniHoldings Fund declares $0.06 dividend

BlackRock MuniHoldings Fund (MHD) declares $0.06/share quarterly dividend, in line with previous.Forward yield 1.45%Payable June 1; for shareholders of record May 14; ex-div May 13.See MHD Dividend Scorecard, Yield Chart, & Dividend Growth.

Feb 04

BlackRock MuniHoldings Fund declares $0.0605 dividend

BlackRock MuniHoldings Fund (MHD) declares $0.0605/share monthly dividend, in line with previous.Forward yield 4.4%Payable March 1; for shareholders of record Feb. 16; ex-div Feb. 12.See MHD Dividend Scorecard, Yield Chart, & Dividend Growth.

Nov 03

BlackRock MuniHoldings Fund declares $0.0605 dividend

BlackRock MuniHoldings Fund (MHD) declares $0.0605/share monthly dividend, in line with previous.Forward yield 4.81%Payable Dec. 1; for shareholders of record Nov. 16; ex-div Nov. 13.See MHD Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

MHDUS Capital MarketsUS Market
7D-4.8%-5.5%-4.6%
1Y-4.6%24.6%7.7%

Return vs Industry: MHD underperformed the US Capital Markets industry which returned 25.7% over the past year.

Return vs Market: MHD underperformed the US Market which returned 10.2% over the past year.

Price Volatility

Is MHD's price volatile compared to industry and market?
MHD volatility
MHD Average Weekly Movement1.8%
Capital Markets Industry Average Movement0.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: MHD is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: MHD's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997n/an/ahttps://www.blackrock.com/investing/products/240204/blackrock-muniholdings-fund-inc-usd-fund

BlackRock MuniHoldings 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 municipal bonds that are exempt from federal income taxes.

BlackRock MuniHoldings Fund Fundamentals Summary

How do BlackRock MuniHoldings Fund's earnings and revenue compare to its market cap?
MHD fundamental statistics
Market CapUS$822.23m
Earnings (TTM)US$31.56m
Revenue (TTM)US$40.06m

26.1x

P/E Ratio

20.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MHD income statement (TTM)
RevenueUS$40.06m
Cost of RevenueUS$0
Gross ProfitUS$40.06m
ExpensesUS$8.50m
EarningsUS$31.56m

Last Reported Earnings

Oct 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.59
Gross Margin100.00%
Net Profit Margin78.78%
Debt/Equity Ratio61.2%

How did MHD perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

113%

Payout Ratio

Valuation

Is BlackRock MuniHoldings Fund undervalued compared to its fair value and its price relative to the market?

26.06x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MHD ($15.41) is trading above our estimate of fair value ($13.4)

Significantly Below Fair Value: MHD is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MHD is poor value based on its PE Ratio (26.1x) compared to the US Capital Markets industry average (15.5x).

PE vs Market: MHD is poor value based on its PE Ratio (26.1x) compared to the US market (17x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MHD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MHD is good value based on its PB Ratio (0.9x) compared to the US Capital Markets industry average (42.2x).

Future Growth

How is BlackRock MuniHoldings Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.3%

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 MuniHoldings 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 MuniHoldings Fund performed over the past 5 years?

39.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MHD has high quality earnings.

Growing Profit Margin: MHD's current net profit margins (78.8%) are higher than last year (30%).


Past Earnings Growth Analysis

Earnings Trend: MHD's earnings have grown significantly by 39.5% per year over the past 5 years.

Accelerating Growth: MHD's earnings growth over the past year (600.1%) exceeds its 5-year average (39.5% per year).

Earnings vs Industry: MHD earnings growth over the past year (600.1%) exceeded the Capital Markets industry 86.4%.


Return on Equity

High ROE: MHD's Return on Equity (3.5%) is considered low.

Financial Health

How is BlackRock MuniHoldings Fund's financial position?


Financial Position Analysis

Short Term Liabilities: MHD's short term assets ($18.7M) do not cover its short term liabilities ($215.8M).

Long Term Liabilities: MHD's short term assets ($18.7M) do not cover its long term liabilities ($347.8M).


Debt to Equity History and Analysis

Debt Level: MHD's net debt to equity ratio (61.2%) is considered high.

Reducing Debt: MHD's debt to equity ratio has increased from 60.5% to 61.2% over the past 5 years.

Debt Coverage: MHD's debt is not well covered by operating cash flow (4.1%).

Interest Coverage: MHD's interest payments on its debt are well covered by EBIT (9.3x coverage).


Balance Sheet

Dividend

What is BlackRock MuniHoldings Fund current dividend yield, its reliability and sustainability?

4.72%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MHD's dividend (4.72%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: MHD's dividend (4.72%) is in the top 25% of dividend payers in the US market (3.48%)


Stability and Growth of Payments

Stable Dividend: MHD's dividends per share have been stable in the past 10 years.

Growing Dividend: MHD's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (112.5%), MHD's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

How experienced are the management team and are they aligned to shareholders interests?

23.5yrs

Average board tenure


CEO

BlackRock MuniHoldings Fund has no CEO, or we have no data on them.


Board Members

Experienced Board: MHD's board of directors are seasoned and experienced ( 23.5 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 been substantially diluted in the past year, with total shares outstanding growing by 275.5%.


Top Shareholders

Company Information

BlackRock MuniHoldings Fund, Inc.'s employee growth, exchange listings and data sources


Key Information


Location

  • BlackRock MuniHoldings Fund, Inc.
  • 100 Bellevue Parkway
  • Wilmington
  • Delaware
  • 19809
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 23:41
End of Day Share Price2022/01/19 00:00
Earnings2021/10/31
Annual Earnings2021/04/30


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.