NYSE:MFM

MFS Municipal Income Trust Stock Forecast, Price & News

$6.56

-0.06 (-0.91 %)

(As of 02/25/2021 12:00 AM ET)

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Today's Range

$6.52

Now: $6.56▼

$6.62

50-Day Range

$6.52

MA: $6.68▼

$6.90

52-Week Range

$4.85

Now: $6.56▼

$7.43

Volume193,859 shs

Average Volume92,472 shs

Market Capitalization$270.19 million

P/E RatioN/A

Dividend Yield4.68%

Beta0.26

MFS Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. MFS Municipal Income Trust was founded in November 25, 1986 and and is domiciled in United States.

Headlines

Analyzing MFS Municipal Income Trust's Ex-Dividend Date
January 15, 2021 | benzinga.com

Weekly Closed-End Fund Roundup: November 15, 2020
November 27, 2020 | seekingalpha.com

MFS Municipal Income Trust declares $0.026 dividend
November 3, 2020 | seekingalpha.com

MFS Municipal Income Trust Common Stock (MFM)
October 29, 2020 | nasdaq.com

MFS Municipal Income Trust raises dividend by ~24%
May 1, 2020 | seekingalpha.com

MFS Municipal Income Trust cuts dividend by ~21%
April 1, 2020 | seekingalpha.com

MFS Municipal Income Trust (MFM)
February 19, 2020 | finance.yahoo.com

MFS Municipal Income Trust declares $0.0265 dividend
February 3, 2020 | seekingalpha.com

MFS Announces Closed-End Fund Distributions
July 23, 2019 | finance.yahoo.com

MFS Municipal Income Trust declares $0.0270 dividend
July 2, 2019 | seekingalpha.com

MFS Municipal Income Trust -- Moody's announces completion of a periodic review of ratings of MFS Municipal Income Trust
February 22, 2019 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Investment offices, not elsewhere classified

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:MFM

Previous Symbol

CUSIPN/A

CIK801961

Webwww.mfs.com

Phone617-954-5000

EmployeesN/A

Year FoundedN/A

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

Outstanding Shares41,188,000

Market Cap$270.19 million

Next Earnings DateN/A

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

0.89 out of 5 stars

Finance Sector

1153rd out of 1,931 stocks

Investment Offices, Not Elsewhere Classified Industry

42nd out of 172 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for MFS Municipal Income Trust.

2.8 Community Rank

Outperform Votes
MFS Municipal Income Trust has received 172 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
MFS Municipal Income Trust has received 131 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
MFS Municipal Income Trust has received 56.77% “outperform” votes from our community.

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

1.7 Dividend Strength

Dividend Leadership
MFS Municipal Income Trust is a leading dividend payer. It pays a dividend yield of 4.68%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
MFS Municipal Income Trust has only been increasing its dividend for 1 years.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MFS Municipal Income Trust insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.75% of the stock of MFS Municipal Income Trust is held by insiders.

0.0 Earnings and Valuation

See Top Rated MarketRank™ Stocks Here

$6.56

-0.06 (-0.91 %)

(As of 02/25/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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MFS Municipal Income Trust (NYSE:MFM) Frequently Asked Questions

What stocks does MarketBeat like better than MFS Municipal Income Trust?

Wall Street analysts have given MFS Municipal Income Trust a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but MFS Municipal Income Trust wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting MFS Municipal Income Trust?

MFS Municipal Income Trust saw a decrease in short interest in January. As of January 29th, there was short interest totaling 2,100 shares, a decrease of 22.2% from the January 14th total of 2,700 shares. Based on an average daily volume of 75,000 shares, the days-to-cover ratio is presently 0.0 days.
View MFS Municipal Income Trust's Short Interest.

How has MFS Municipal Income Trust's stock been impacted by COVID-19?

MFS Municipal Income Trust's stock was trading at $6.63 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MFM shares have decreased by 1.1% and is now trading at $6.56.
View which stocks have been most impacted by COVID-19.

How often does MFS Municipal Income Trust pay dividends? What is the dividend yield for MFS Municipal Income Trust?

MFS Municipal Income Trust announced a monthly dividend on Wednesday, February 3rd. Shareholders of record on Wednesday, February 17th will be paid a dividend of $0.026 per share on Friday, February 26th. This represents a $0.31 dividend on an annualized basis and a dividend yield of 4.76%. The ex-dividend date of this dividend is Tuesday, February 16th.
View MFS Municipal Income Trust's dividend history.

Is MFS Municipal Income Trust a good dividend stock?

MFS Municipal Income Trust pays an annual dividend of $0.31 per share and currently has a dividend yield of 4.68%. MFM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View MFS Municipal Income Trust's dividend history.

Who are MFS Municipal Income Trust's key executives?

MFS Municipal Income Trust's management team includes the following people:

Mr. Frank L. Tarantino, Independent Sr. Officer (Age 77)
Mr. Robyn L. Griffin, Assistant Independent Chief Compliance Officer (Age 46)
Mr. Richard S. Weitzel, Assistant Sec. and Assistant Clerk (Age 51)
Mr. Kasey L. Philips, Assistant Treasurer (Age 50)
Mr. Brian E. Langenfeld, Assistant Sec. and Assistant Clerk (Age 48)
Ms. Susan A. Pereira, Assistant Sec. and Assistant Clerk (Age 50)
Mr. Ethan D. Corey, Assistant Sec. and Assistant Clerk (Age 57)
Mr. Thomas H. Connors, Assistant Sec. and Assistant Clerk (Age 61)
Mr. Christopher R. Bohane, Assistant Sec. and Assistant Clerk (Age 47)

Who are some of MFS Municipal Income Trust's key competitors?

Some companies that are related to MFS Municipal Income Trust include Aberdeen Asia-Pacific Income Fund (FAX), Tekla Healthcare Investors (HQH), SPDR Bloomberg Barclays International Treasury Bond ETF (BWX), Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX), AllianceBernstein Global High Income Fund (AWF), Cornerstone Strategic Value Fund (CLM), BlackRock MuniYield Quality Fund III (MYI), Central Securities (CET), General American Investors (GAM), Apollo Investment (AINV), Invesco Municipal Opportunity Trust (VMO), Templeton Dragon Fund (TDF), PIMCO High Income Fund (PHK), Solar Capital (SLRC) and Templeton Global Income Fund (GIM).
View all of MFM's competitors.

What other stocks do shareholders of MFS Municipal Income Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MFS Municipal Income Trust investors own include BlackRock Taxable Municipal Bond Trust (BBN), Blackrock Resources & Commodities Strategy Trust (BCX), BlackRock Enhanced International Dividend Trust (BGY), Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB), Dominion Energy (D), General Mills (GIS), International Business Machines (IBM), Main Street Capital (MAIN), New Residential Investment (NRZ) and ONEOK (OKE).

What is MFS Municipal Income Trust's stock symbol?

MFS Municipal Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "MFM."

Who are MFS Municipal Income Trust's major shareholders?

MFS Municipal Income Trust's stock is owned by a variety of retail and institutional investors. Top institutional investors include Robinson Capital Management LLC (2.41%), Wells Fargo & Company MN (1.25%), Stifel Financial Corp (1.00%), Janney Montgomery Scott LLC (0.69%), Guggenheim Capital LLC (0.52%) and Van ECK Associates Corp (0.47%).
View institutional ownership trends for MFS Municipal Income Trust.

Which major investors are selling MFS Municipal Income Trust stock?

MFM stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Guggenheim Capital LLC, Traynor Capital Management Inc., Edmonds Duncan Registered Investment Advisors LLC, Van ECK Associates Corp, and Capital Investment Advisors LLC.
View insider buying and selling activity for MFS Municipal Income Trust or view top insider-selling stocks.

Which major investors are buying MFS Municipal Income Trust stock?

MFM stock was purchased by a variety of institutional investors in the last quarter, including Robinson Capital Management LLC, Ackerman Capital Advisors LLC, Stifel Financial Corp, Kestra Advisory Services LLC, RMB Capital Management LLC, Oppenheimer & Co. Inc., Change Path LLC, and Janney Montgomery Scott LLC.
View insider buying and selling activity for MFS Municipal Income Trust or or view top insider-buying stocks.

How do I buy shares of MFS Municipal Income Trust?

Shares of MFM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is MFS Municipal Income Trust's stock price today?

One share of MFM stock can currently be purchased for approximately $6.56.

How much money does MFS Municipal Income Trust make?

MFS Municipal Income Trust has a market capitalization of $270.19 million.

What is MFS Municipal Income Trust's official website?

The official website for MFS Municipal Income Trust is www.mfs.com.

How can I contact MFS Municipal Income Trust?

The closed-end fund can be reached via phone at 617-954-5000.

This page was last updated on 2/26/2021 by MarketBeat.com Staff

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