NYSE:MZA

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

BlackRock MuniYield Arizona Fund

Executive Summary

BlackRock MuniYield Arizona Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. More Details

Rewards


Snowflake Analysis

Share Price & News

How has BlackRock MuniYield Arizona Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

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

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


Market Performance


7 Day Return

-4.4%

MZA

-2.6%

US Capital Markets

-4.6%

US Market


1 Year Return

3.6%

MZA

38.0%

US Capital Markets

38.5%

US Market

Return vs Industry: MZA underperformed the US Capital Markets industry which returned 36.4% over the past year.

Return vs Market: MZA underperformed the US Market which returned 38.9% over the past year.


Shareholder returns

MZAIndustryMarket
7 Day-4.4%-2.6%-4.6%
30 Day-6.4%8.5%0.6%
90 Day-4.1%14.9%1.9%
1 Year8.2%3.6%41.3%38.0%41.5%38.5%
3 Year1.7%-10.2%39.5%29.1%56.7%46.7%
5 Year6.8%-14.3%140.6%110.9%123.5%98.6%

Long-Term Price Volatility Vs. Market

How volatile is BlackRock MuniYield Arizona Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

22.81x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MZA ($14.5) is trading above our estimate of fair value ($5.51)

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


Price To Earnings Ratio

PE vs Industry: MZA is good value based on its PE Ratio (22.8x) compared to the US Capital Markets industry average (23.4x).

PE vs Market: MZA is poor value based on its PE Ratio (22.8x) compared to the US market (21.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MZA is good value based on its PB Ratio (1x) compared to the US Capital Markets industry average (10.9x).

Future Growth

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

13.6%

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 Arizona 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 Arizona Fund performed over the past 5 years?

9.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MZA has a large one-off gain of $1.2M impacting its July 31 2020 financial results.

Growing Profit Margin: MZA's current net profit margins (70.9%) are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: MZA's earnings have grown by 9.5% per year over the past 5 years.

Accelerating Growth: MZA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MZA had negative earnings growth (-50.7%) over the past year, making it difficult to compare to the Capital Markets industry average (9.9%).


Return on Equity

High ROE: MZA's Return on Equity (4.3%) is considered low.

Financial Health

How is BlackRock MuniYield Arizona Fund's financial position?


Financial Position Analysis

Short Term Liabilities: MZA's short term assets ($729.1K) do not cover its short term liabilities ($3.9M).

Long Term Liabilities: MZA's short term assets ($729.1K) do not cover its long term liabilities ($37.1M).


Debt to Equity History and Analysis

Debt Level: MZA's debt to equity ratio (59%) is considered high.

Reducing Debt: MZA's debt to equity ratio has reduced from 60% to 59% over the past 5 years.

Debt Coverage: MZA's debt is not well covered by operating cash flow (5.9%).

Interest Coverage: MZA's interest payments on its debt are well covered by EBIT (4.7x coverage).


Balance Sheet

Dividend

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

4.12%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MZA's dividend (4.12%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: MZA's dividend (4.12%) is in the top 25% of dividend payers in the US market (3.72%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (85.1%), MZA's payments are 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?

14.1yrs

Average board tenure


CEO

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


Board Members

NamePositionTenureCompensationOwnership
Henry Gabbay
14.08yrsUS$430.00no data
Paul Audet
10.08yrsno datano data
Richard Cavanagh
Chairmanno dataUS$818.000.024%
$ 16.2k
Frank Fabozzi
14.08yrsUS$662.00no data
Kathleen Feldstein
14.08yrsUS$518.00no data
W. Kester
14.08yrsUS$621.00no data
Jerrold Harris
14.08yrsUS$559.00no data
Karen Robards
Vice Chairman of the Boardno dataUS$776.00no data
James Flynn
14.08yrsUS$569.00no data
Michael Castellano
9.83yrsUS$569.000.013%
$ 8.7k
Robert Hubbard
14.08yrsUS$538.00no data

14.1yrs

Average Tenure

73yo

Average Age

Experienced Board: MZA's board of directors are seasoned and experienced ( 14.1 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 Arizona Fund, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MZANYSE (New York Stock Exchange)YesCommon StockUSUSDNov 1993

Biography

BlackRock MuniYield Arizona 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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/26 23:06
End of Day Share Price2021/02/26 00:00
Earnings2020/07/31
Annual Earnings2020/07/31


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.