NYSE:FRABlackRock Floating Rate Income SFI Stock Price, Forecast & News

$11.26

+0.16 (+1.44 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$11.12

Now: $11.26▼

$11.29

50-Day Range

$10.52

MA: $10.80▼

$11.26

52-Week Range

$6.72

Now: $11.26▼

$13.66

Volume86,500 shs

Average Volume266,470 shs

Market CapitalizationN/A

P/E RatioN/A

Dividend Yield0.06%

BetaN/A

BlackRock Floating Rate Income Strategies Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in floating rate debt securities and instruments consisting of secured or unsecured senior floating rate loans that are rated below investment grade. BlackRock Floating Rate Income Strategies Fund, Inc. was formed on October 31, 2003 and is domiciled in the United States.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for BlackRock Floating Rate Income SFI.

2.5 Community Rank

Outperform Votes
BlackRock Floating Rate Income SFI has received 68 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
BlackRock Floating Rate Income SFI has received 70 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
BlackRock Floating Rate Income SFI has received 50.72% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about BlackRock Floating Rate Income SFI and other stocks. Vote “Outperform” if you believe FRA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FRA will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
BlackRock Floating Rate Income SFI is a leading dividend payer. It pays a dividend yield of 0.06%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
BlackRock Floating Rate Income SFI has only been increasing its dividend for 2 years.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, BlackRock Floating Rate Income SFI insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

0.83 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Investment Trusts/Mutual Funds

Sub-IndustryN/A

SectorMiscellaneous

Current SymbolNYSE:FRA

Previous Symbol

CUSIPN/A

CIK1259708

Webwww.blackrock.com

Phone302-797-2000

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 / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding SharesN/A

Market CapN/A

Next Earnings DateN/A

OptionableNot Optionable

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BlackRock Floating Rate Income SFI (NYSE:FRA) Frequently Asked Questions

How has BlackRock Floating Rate Income SFI's stock been impacted by COVID-19 (Coronavirus)?

BlackRock Floating Rate Income SFI's stock was trading at $11.38 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FRA shares have decreased by 1.1% and is now trading at $11.26. View which stocks have been most impacted by Coronavirus.

How often does BlackRock Floating Rate Income SFI pay dividends? What is the dividend yield for BlackRock Floating Rate Income SFI?

BlackRock Floating Rate Income SFI declared a monthly dividend on Friday, May 1st. Shareholders of record on Friday, May 15th will be paid a dividend of $0.079 per share on Friday, May 29th. This represents a $0.95 dividend on an annualized basis and a yield of 8.42%. The ex-dividend date of this dividend is Thursday, May 14th. View BlackRock Floating Rate Income SFI's dividend history.

Has BlackRock Floating Rate Income SFI been receiving favorable news coverage?

Media coverage about FRA stock has trended very negative recently, InfoTrie reports. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. BlackRock Floating Rate Income SFI earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned media headlines about the investment management company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutBlackRock Floating Rate Income SFI.

Who are some of BlackRock Floating Rate Income SFI's key competitors?

Some companies that are related to BlackRock Floating Rate Income SFI include 1ST TR SR FR 20/COM (FIV), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein Natnl Muncpl Incm Fnd. (AFB), ALLIANZGI CNV &/COM (CBH), Allianzgi Convertible & Income Fund (NCV), Allianzgi Convertible & Income Fund II (NCZ), Allianzgi NFJ Dividend int & Prm Stgy Fd (NFJ), Alpine Global Dynamic Dividend Fund (AGD), Apollo Tactical Income Fund (AIF), Ares Dynamic Credit Allocation Fund (ARDC), BLACKROCK 2022/COM (BGIO), Blackrock Coporate High Yield Fund (HYT) and Blackrock Credit Allocation Income Trust (BTZ). View all competitors.

What other stocks do shareholders of BlackRock Floating Rate Income SFI own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BlackRock Floating Rate Income SFI investors own include New Residential Investment (NRZ), AT&T (T), Omega Healthcare Investors (OHI), Verizon Communications (VZ), ARBOR RLTY TR I/SH (ABR), AllianceBernstein Global Hgh Incm Fd (AWF), Enterprise Products Partners (EPD), Pimco Dynamic Credit and MortggeIncmFund (PCI), Exxon Mobil (XOM) and AbbVie (ABBV).

Who are BlackRock Floating Rate Income SFI's key executives?

BlackRock Floating Rate Income SFI's management team includes the following people:

Mr. John M. Perlowski, Pres and Officer (Age 55)
Mr. Neal J. Andrews, Chief Financial Officer (Age 53)
Mr. Charles Choon Sik Park, Chief Compliance Officer and Anti-Money Laundering Officer (Age 52)
Mr. Jay M. Fife, Treasurer (Age 49)
Ms. Janey Ahn, Sec. (Age 44)

What is BlackRock Floating Rate Income SFI's stock symbol?

BlackRock Floating Rate Income SFI trades on the New York Stock Exchange (NYSE) under the ticker symbol "FRA."

Who are BlackRock Floating Rate Income SFI's major shareholders?

BlackRock Floating Rate Income SFI's stock is owned by a number of institutional and retail investors. Top institutional investors include Saba Capital Management L.P. (0.00%), Morgan Stanley (0.00%), Morgan Stanley (0.00%), Invesco Ltd. (0.00%), RiverNorth Capital Management LLC (0.00%) and Advisors Asset Management Inc. (0.00%). View institutional ownership trends for BlackRock Floating Rate Income SFI.

Which institutional investors are selling BlackRock Floating Rate Income SFI stock?

FRA stock was sold by a variety of institutional investors in the last quarter, including AEGON USA Investment Management LLC, Almitas Capital LLC, UBS Group AG, Cetera Advisor Networks LLC, Rockefeller Capital Management L.P., Commonwealth Equity Services LLC, CIBC World Markets Inc., and Janney Montgomery Scott LLC. View insider buying and selling activity for BlackRock Floating Rate Income SFI.

Which institutional investors are buying BlackRock Floating Rate Income SFI stock?

FRA stock was purchased by a variety of institutional investors in the last quarter, including Saba Capital Management L.P., RiverNorth Capital Management LLC, National Asset Management Inc., Shaker Financial Services LLC, Morgan Stanley, Morgan Stanley, RMB Capital Management LLC, and D.A. Davidson & CO.. View insider buying and selling activity for BlackRock Floating Rate Income SFI.

How do I buy shares of BlackRock Floating Rate Income SFI?

Shares of FRA 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, Robinhood, Fidelity, and Charles Schwab.

What is BlackRock Floating Rate Income SFI's stock price today?

One share of FRA stock can currently be purchased for approximately $11.26.

What is BlackRock Floating Rate Income SFI's official website?

The official website for BlackRock Floating Rate Income SFI is www.blackrock.com.

How can I contact BlackRock Floating Rate Income SFI?

BlackRock Floating Rate Income SFI's mailing address is 100 Bellevue Pkwy, WILMINGTON, DE 19809-3700, United States. The investment management company can be reached via phone at 302-797-2000.

This page was last updated on 5/28/2020 by MarketBeat.com Staff