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MQY

BlackRock MuniYield Quality FundNYSE:MQY Stock Report

Last Price

US$15.35

Market Cap

US$1.1b

7D

-3.2%

1Y

-8.7%

Updated

16 Jan, 2022

Data

Company Financials
MQY fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health1/6
Dividends3/6

MQY Stock Overview

BlackRock MuniYield Quality Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc.

Price History & Performance

Summary of all time highs, changes and price drops for BlackRock MuniYield Quality Fund
Historical stock prices
Current Share PriceUS$15.35
52 Week HighUS$17.80
52 Week LowUS$15.34
Beta0.16
1 Month Change-6.17%
3 Month Change-7.25%
1 Year Change-8.74%
3 Year Change13.82%
5 Year Change3.37%
Change since IPO2.33%

Recent News & Updates

Feb 04

BlackRock MuniYield Quality Fund declares $0.063 dividend

BlackRock MuniYield Quality Fund (MQY) declares $0.063/share monthly dividend, in line with previous.Forward yield 4.37%Payable March 1; for shareholders of record Feb. 16; ex-div Feb. 12.See MQY Dividend Scorecard, Yield Chart, & Dividend Growth.

Dec 04

BlackRock MuniYield Quality Fund declares $0.063 dividend

BlackRock MuniYield Quality Fund (MQY) declares $0.063/share monthly dividend, in line with previous.Forward yield 4.59%Payable Dec. 31; for shareholders of record Dec. 15; ex-div Dec. 14.See MQY Dividend Scorecard, Yield Chart, & Dividend Growth.

Nov 03

BlackRock MuniYield Quality Fund declares $0.063 dividend

BlackRock MuniYield Quality Fund (MQY) declares $0.063/share monthly dividend, in line with previous.Forward yield 4.75%Payable Dec. 1; for shareholders of record Nov. 16; ex-div Nov. 13.See MQY Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

MQYUS Capital MarketsUS Market
7D-3.2%-1.6%-0.5%
1Y-8.7%30.2%13.7%

Return vs Industry: MQY underperformed the US Capital Markets industry which returned 30.2% over the past year.

Return vs Market: MQY underperformed the US Market which returned 13.7% over the past year.

Price Volatility

Is MQY's price volatile compared to industry and market?
MQY volatility
MQY Average Weekly Movement1.2%
Capital Markets Industry Average Movement0.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: MQY is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: MQY's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1992n/an/ahttps://www.blackrock.com/investing/products/240259/blackrock-muniyield-quality-fund-inc-usd-fund

BlackRock MuniYield Quality Fund, Inc. is a close 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 long-term municipal obligations the interest on which is exempt from federal income taxes.

BlackRock MuniYield Quality Fund Fundamentals Summary

How do BlackRock MuniYield Quality Fund's earnings and revenue compare to its market cap?
MQY fundamental statistics
Market CapUS$1.12b
Earnings (TTM)US$30.10m
Revenue (TTM)US$51.34m

37.3x

P/E Ratio

21.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MQY income statement (TTM)
RevenueUS$51.34m
Cost of RevenueUS$0
Gross ProfitUS$51.34m
ExpensesUS$21.24m
EarningsUS$30.10m

Last Reported Earnings

Oct 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.41
Gross Margin100.00%
Net Profit Margin58.63%
Debt/Equity Ratio59.5%

How did MQY perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

169%

Payout Ratio

Valuation

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

37.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MQY ($15.35) is trading above our estimate of fair value ($12.6)

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


Price To Earnings Ratio

PE vs Industry: MQY is poor value based on its PE Ratio (37.3x) compared to the US Capital Markets industry average (15.9x).

PE vs Market: MQY is poor value based on its PE Ratio (37.3x) compared to the US market (17.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MQY is good value based on its PB Ratio (0.9x) compared to the US Capital Markets industry average (42.4x).

Future Growth

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

3.7%

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 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 Quality Fund performed over the past 5 years?

26.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MQY has a large one-off loss of $8.7M impacting its October 31 2021 financial results.

Growing Profit Margin: MQY's current net profit margins (58.6%) are higher than last year (55.9%).


Past Earnings Growth Analysis

Earnings Trend: MQY's earnings have grown significantly by 26.4% per year over the past 5 years.

Accelerating Growth: MQY's earnings growth over the past year (74.8%) exceeds its 5-year average (26.4% per year).

Earnings vs Industry: MQY earnings growth over the past year (74.8%) underperformed the Capital Markets industry 86.4%.


Return on Equity

High ROE: MQY's Return on Equity (2.5%) is considered low.

Financial Health

How is BlackRock MuniYield Quality Fund's financial position?


Financial Position Analysis

Short Term Liabilities: MQY's short term assets ($28.7M) do not cover its short term liabilities ($300.1M).

Long Term Liabilities: MQY's short term assets ($28.7M) do not cover its long term liabilities ($450.1M).


Debt to Equity History and Analysis

Debt Level: MQY's net debt to equity ratio (59.5%) is considered high.

Reducing Debt: MQY's debt to equity ratio has increased from 57.8% to 59.5% over the past 5 years.

Debt Coverage: MQY's debt is not well covered by operating cash flow (5.1%).

Interest Coverage: MQY's interest payments on its debt are well covered by EBIT (11x coverage).


Balance Sheet

Dividend

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

4.93%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MQY's dividend (4.93%) is higher than the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: MQY's dividend (4.93%) is in the top 25% of dividend payers in the US market (3.44%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (168.6%), MQY'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?

15.0yrs

Average board tenure


CEO

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


Board Members

Experienced Board: MQY's board of directors are seasoned and experienced ( 15 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MQY insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 138.3%.


Top Shareholders

Company Information

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


Key Information


Location

  • BlackRock MuniYield Quality 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 Analysis2022/01/16 23:17
End of Day Share Price2022/01/14 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.