NYSE:BTA - BlackRock LT Municipal Advantage Trust Stock Price, Price Target & More

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$11.25 -0.03 (-0.27 %)
(As of 06/19/2018 08:00 AM ET)
Previous Close$11.25
Today's Range$11.21 - $11.29
52-Week Range$11.09 - $12.54
Volume32,700 shs
Average Volume36,917 shs
Market Capitalization$152.34 million
P/E RatioN/A
Dividend Yield5.76%
Beta-0.11
BlackRock LT Municipal Advantage Trust logoBlackRock Long-Term Municipal Advantage Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust's investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in municipal obligations and derivative instruments with exposure to such municipal obligations, in each case that are exempt from federal income tax (except that the interest may be subject to the federal alternative minimum tax). The Trust invests primarily in long-term municipal bonds with a maturity of more than 10 years at the time of investment. The Trust's municipal bond portfolio will have a dollar-weighted average maturity of more than 10 years. The Trust may invest directly in such securities or synthetically through the use of derivatives. BlackRock Advisors, LLC is the investment manager of the Trust.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNYSE:BTA
CUSIPN/A
Phone+1-800-8820052

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins128.30%
Return on Equity9.69%
Return on Assets5.76%

Miscellaneous

EmployeesN/A
Outstanding Shares13,420,000

BlackRock LT Municipal Advantage Trust (NYSE:BTA) Frequently Asked Questions

What is BlackRock LT Municipal Advantage Trust's stock symbol?

BlackRock LT Municipal Advantage Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "BTA."

How often does BlackRock LT Municipal Advantage Trust pay dividends? What is the dividend yield for BlackRock LT Municipal Advantage Trust?

BlackRock LT Municipal Advantage Trust announced a monthly dividend on Monday, June 4th. Investors of record on Friday, June 15th will be paid a dividend of $0.0545 per share on Monday, July 2nd. This represents a $0.65 dividend on an annualized basis and a yield of 5.81%. The ex-dividend date of this dividend is Thursday, June 14th. View BlackRock LT Municipal Advantage Trust's Dividend History.

What price target have analysts set for BTA?

8 Wall Street analysts have issued twelve-month target prices for BlackRock LT Municipal Advantage Trust's shares. Their predictions range from $265.00 to $450.00. On average, they expect BlackRock LT Municipal Advantage Trust's stock price to reach $338.1250 in the next twelve months. View Analyst Ratings for BlackRock LT Municipal Advantage Trust.

Who are BlackRock LT Municipal Advantage Trust's key executives?

BlackRock LT Municipal Advantage Trust's management team includes the folowing people:
  • Richard E. Cavanagh, Independent Chairman of the Board of Trustees (Age 71)
  • John M. Perlowski, President, Chief Executive Officer (Age 53)
  • Karen P. Robards, Independent Vice Chairman of the Board of Trustees (Age 67)
  • Neal J. Andrews, Chief Financial Officer (Age 51)
  • Charles Park J.D., Chief Compliance Officer (Age 50)
  • Jonathan Diorio, Vice President (Age 37)
  • Jay M. Fife, Treasurer (Age 47)
  • Janey Ahn, Secretary (Age 42)
  • Michael J. Castellano, Independent Trustee (Age 71)
  • Cynthia L. Egan, Independent Trustee (Age 62)

Has BlackRock LT Municipal Advantage Trust been receiving favorable news coverage?

Media coverage about BTA stock has been trending somewhat positive this week, Accern reports. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. BlackRock LT Municipal Advantage Trust earned a coverage optimism score of 0.10 on Accern's scale. They also gave news headlines about the financial services provider an impact score of 44.98 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Who are BlackRock LT Municipal Advantage Trust's major shareholders?

BlackRock LT Municipal Advantage Trust's stock is owned by many different of institutional and retail investors. Top institutional investors include Guggenheim Capital LLC (1.73%), Wells Fargo & Company MN (1.36%), IFP Advisors Inc (0.18%) and Landscape Capital Management L.L.C. (0.12%). View Institutional Ownership Trends for BlackRock LT Municipal Advantage Trust.

Which institutional investors are buying BlackRock LT Municipal Advantage Trust stock?

BTA stock was bought by a variety of institutional investors in the last quarter, including Guggenheim Capital LLC, Landscape Capital Management L.L.C., Wells Fargo & Company MN and IFP Advisors Inc. View Insider Buying and Selling for BlackRock LT Municipal Advantage Trust.

How do I buy shares of BlackRock LT Municipal Advantage Trust?

Shares of BTA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is BlackRock LT Municipal Advantage Trust's stock price today?

One share of BTA stock can currently be purchased for approximately $11.25.

How big of a company is BlackRock LT Municipal Advantage Trust?

BlackRock LT Municipal Advantage Trust has a market capitalization of $152.34 million.

How can I contact BlackRock LT Municipal Advantage Trust?

BlackRock LT Municipal Advantage Trust's mailing address is 100 Bellevue Pkwy, WILMINGTON, DE 19809-3700, United States. The financial services provider can be reached via phone at +1-800-8820052.


MarketBeat Community Rating for BlackRock LT Municipal Advantage Trust (BTA)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  360 (Vote Outperform)
Underperform Votes:  314 (Vote Underperform)
Total Votes:  674
MarketBeat's community ratings are surveys of what our community members think about BlackRock LT Municipal Advantage Trust and other stocks. Vote "Outperform" if you believe BTA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BTA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/19/2018 by MarketBeat.com Staff

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