NYSE:MMD - MainStay DefinedTerm Stock Price, Price Target & More

$19.00 -0.05 (-0.26 %)
(As of 04/20/2018 04:00 PM ET)
Previous Close$19.00
Today's Range$18.9976 - $19.09
52-Week Range$18.54 - $20.49
Volume42,968 shs
Average Volume62,547 shs
Market Capitalization$519.40 million
P/E RatioN/A
Dividend Yield5.74%
Beta-0.1

About MainStay DefinedTerm (NYSE:MMD)

Mainstay Definedterm Municipal Opportunities Fund (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to seek current income exempt from regular the United States Federal income taxes (but which may be includable in taxable income for purpose of the Federal alternative minimum tax). The Fund's secondary objective is total return. The Fund may invest in both tender option bond (TOB) floaters and TOB residuals. The Fund may invest in both TOB Floaters and TOB Residuals issued by the same TOB Issuer. The Fund's portfolio of investments includes municipal bonds. The Fund invests in various sectors, including hospital, special tax, electric utilities, industrial development revenue/pollution control revenue (IDR/PCR), water/sewer, toll roads, tobacco and local general obligation. New York Life Investment Management LLC is the Fund's investment advisor and MacKay Shields LLC serves as sub-advisor for the Fund.

Receive MMD News and Ratings via Email

Sign-up to receive the latest news and ratings for MMD and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNYSE:MMD
CUSIPN/A
Phone+1-212-5767000

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 MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares27,550,000

How to Become a New Pot Stock Millionaire

MainStay DefinedTerm (NYSE:MMD) Frequently Asked Questions

What is MainStay DefinedTerm's stock symbol?

MainStay DefinedTerm trades on the New York Stock Exchange (NYSE) under the ticker symbol "MMD."

How often does MainStay DefinedTerm pay dividends? What is the dividend yield for MainStay DefinedTerm?

MainStay DefinedTerm announced a monthly dividend on Tuesday, April 3rd. Investors of record on Tuesday, May 15th will be given a dividend of $0.09 per share on Thursday, May 31st. This represents a $1.08 annualized dividend and a yield of 5.68%. The ex-dividend date is Monday, May 14th. View MainStay DefinedTerm's Dividend History.

Who are some of MainStay DefinedTerm's key competitors?

Who are MainStay DefinedTerm's key executives?

MainStay DefinedTerm's management team includes the folowing people:
  • Stephen P. Fisher, President (Age 58)
  • Jack R. Benintende, Principal Financial and Accounting Officer, Treasurer (Age 52)
  • Kevin M. Bopp, Chief Compliance Officer, Vice President (Age 48)
  • Scott T. Harrington, Vice President - Administration (Age 58)
  • J. Kevin Gao, Secretary, Chief Legal Officer (Age 49)
  • Christopher O. Blunt, Trustee (Age 54)
  • David H. Chow, Trustee (Age 59)
  • Susan B. Kerley, Independent Trustee (Age 65)
  • Alan R. Latshaw, Independent Trustee (Age 65)
  • Richard H. Nolan Jr, Independent Trustee (Age 70)

Has MainStay DefinedTerm been receiving favorable news coverage?

News coverage about MMD stock has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. MainStay DefinedTerm earned a news sentiment score of 0.14 on Accern's scale. They also assigned news coverage about the closed-end fund an impact score of 46.12 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

How do I buy shares of MainStay DefinedTerm?

Shares of MMD 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 MainStay DefinedTerm's stock price today?

One share of MMD stock can currently be purchased for approximately $19.00.

How big of a company is MainStay DefinedTerm?

MainStay DefinedTerm has a market capitalization of $519.40 million.

How can I contact MainStay DefinedTerm?

MainStay DefinedTerm's mailing address is 51 Madison Ave, NEW YORK, NY 10010-1603, United States. The closed-end fund can be reached via phone at +1-212-5767000.


MarketBeat Community Rating for MainStay DefinedTerm (MMD)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  38 (Vote Outperform)
Underperform Votes:  36 (Vote Underperform)
Total Votes:  74
MarketBeat's community ratings are surveys of what our community members think about MainStay DefinedTerm and other stocks. Vote "Outperform" if you believe MMD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MMD will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

MainStay DefinedTerm (NYSE:MMD) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 4/21/2016 forward)

Earnings

Dividends

MainStay DefinedTerm (NYSE:MMD) Dividend Information

MainStay DefinedTerm pays an annual dividend of $1.08 per share, with a dividend yield of 5.68%. MMD's next monthly dividend payment will be made on Thursday, May 31.
Next Dividend:5/31/2018
Annual Dividend:$1.08
Dividend Yield:5.68%
Dividend Growth:-11.30% (3 Year Average)
Payout Ratio:N/A
Frequency:Monthly Dividend
Dividend Payments by Quarter for MainStay DefinedTerm (NYSE:MMD)

MainStay DefinedTerm (NYSE:MMD) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/3/2018monthly$0.095.76%5/14/20185/15/20185/31/2018
4/3/2018monthly$0.095.76%6/14/20186/15/20186/29/2018
4/2/2018Annual$0.090.48%4/13/20184/16/20184/30/2018
1/3/2018monthly$0.095.43%2/14/20182/15/20182/28/2018
1/3/2018monthly$0.095.43%3/14/20183/15/20183/29/2018
1/3/2018monthly$0.095.43%1/12/20181/16/20181/31/2018
10/3/2017monthly$0.095.39%11/14/201711/15/201711/30/2017
10/3/2017monthly$0.095.39%12/14/201712/15/201712/29/2017
10/3/2017monthly$0.095.39%10/13/201710/16/201710/31/2017
7/5/2017monthly$0.095.47%9/14/20179/15/20179/29/2017
7/5/2017monthly$0.095.47%8/11/20178/15/20178/31/2017
7/5/2017monthly$0.095.47%7/12/20177/14/20177/31/2017
4/4/2017monthly$0.095.6%4/12/20174/17/20174/28/2017
4/4/2017monthly$0.095.6%5/11/20175/15/20175/31/2017
4/4/2017monthly$0.095.6%6/13/20176/15/20176/30/2017
1/4/2017monthly$0.095.83%2/13/20172/15/20172/28/2017
1/4/2017monthly$0.095.83%3/13/20173/15/20173/31/2017
1/4/2017monthly$0.095.83%1/12/20171/17/20171/31/2017
10/4/2016monthly$0.095.34%11/10/201611/15/201611/30/2016
10/4/2016monthly$0.095.34%12/13/201612/15/201612/30/2016
10/4/2016monthly$0.095.34%10/12/201610/14/201610/31/2016
7/5/2016monthly$0.095.19%7/13/20167/15/20167/29/2016
7/5/2016monthly$0.095.19%9/13/20169/15/20169/30/2016
7/5/2016monthly$0.095.19%8/11/20168/15/20168/31/2016
4/4/2016monthly$0.09806.01%5/12/20165/16/20165/31/2016
4/4/2016monthly$0.09806.01%6/13/20166/15/20166/30/2016
4/4/2016monthly$0.09806.01%4/13/20164/15/20164/29/2016
1/5/2016monthly$0.09806.22%2/11/20162/16/20162/29/2016
1/5/2016monthly$0.09806.22%3/11/20163/15/20163/31/2016
1/5/2016monthly$0.09806.22%1/13/20161/15/20161/29/2016
10/1/2015monthly$0.09806.61%12/11/201512/15/201512/31/2015
10/1/2015monthly$0.09806.61%10/13/201510/15/201510/30/2015
10/1/2015monthly$0.09806.61%11/12/201511/16/201511/30/2015
7/2/2015monthly$0.09806.79%7/13/20157/15/20157/31/2015
7/2/2015monthly$0.09806.79%8/12/20158/14/20158/31/2015
7/2/2015monthly$0.09806.79%9/11/20159/15/20159/30/2015
4/2/2015monthly$0.09806.31%4/13/20154/15/20154/30/2015
4/2/2015monthly$0.09806.31%6/11/20156/15/20156/30/2015
4/2/2015monthly$0.09806.31%5/13/20155/15/20155/29/2015
1/5/2015monthly$0.09806.4%1/13/20151/15/20151/30/2015
1/5/2015monthly$0.09806.4%2/12/20152/17/20152/27/2015
1/5/2015monthly$0.09806.4%3/12/20153/16/20153/31/2015
10/7/2014monthly$0.09806.54%11/18/201411/20/201411/28/2014
10/7/2014monthly$0.09806.54%12/17/201412/19/201412/31/2014
10/6/2014oct 14$0.09806.54%10/16/201410/20/201410/31/2014
7/2/2014monthly$0.09706.71%8/13/20148/15/20148/29/2014
7/2/2014monthly$0.09706.71%9/11/20149/15/20149/30/2014
7/1/2014jul 14$0.09706.71%7/11/20147/15/20147/31/2014
(Data available from 1/1/2013 forward)

Insider Trades

MainStay DefinedTerm (NYSE MMD) Insider Trading and Institutional Ownership History

Insider Trading History for MainStay DefinedTerm (NYSE:MMD)
Insider Trading History for MainStay DefinedTerm (NYSE:MMD)

MainStay DefinedTerm (NYSE MMD) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/6/2016David DowdenPortfolio ManagerSell5,000$20.18$100,900.00View SEC Filing  
2/25/2015New York Life Investment ManagInsiderSell6,304$18.60$117,254.40View SEC Filing  
4/21/2014Drew LawtonCEOSell5,834$17.05$99,469.70View SEC Filing  
4/17/2014Drew LawtonCEOSell17,831$17.07$304,375.17View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

MainStay DefinedTerm (NYSE MMD) News Headlines

Source:
DateHeadline
Want To Invest In Milestone Medical Inc (WSE:MMD)? Here’s How It Performed LatelyWant To Invest In Milestone Medical Inc (WSE:MMD)? Here’s How It Performed Lately
finance.yahoo.com - April 13 at 3:42 PM
Mainstay Definedterm Municipal Opptys Fd (MMD) to Issue Monthly Dividend of $0.09Mainstay Definedterm Municipal Opptys Fd (MMD) to Issue Monthly Dividend of $0.09
www.americanbankingnews.com - April 3 at 8:31 PM
Mainstay Definedterm Municipal Opptys Fd (MMD) Announces Monthly Dividend of $0.09Mainstay Definedterm Municipal Opptys Fd (MMD) Announces Monthly Dividend of $0.09
www.americanbankingnews.com - April 3 at 8:31 PM
Mainstay Definedterm Municipal Opptys Fd (MMD) to Issue Annual Dividend of $0.09Mainstay Definedterm Municipal Opptys Fd (MMD) to Issue Annual Dividend of $0.09
www.americanbankingnews.com - April 3 at 12:14 PM
Raymond James Financial Services Advisors Inc. Has $3.59 Million Position in Mainstay Definedterm Municipal Opptys Fd (MMD)Raymond James Financial Services Advisors Inc. Has $3.59 Million Position in Mainstay Definedterm Municipal Opptys Fd (MMD)
www.americanbankingnews.com - February 28 at 7:52 AM
Mainstay Definedterm Municipal Opptys Fd (MMD) to Issue $0.09 Monthly DividendMainstay Definedterm Municipal Opptys Fd (MMD) to Issue $0.09 Monthly Dividend
www.americanbankingnews.com - January 3 at 8:36 PM
Mainstay Definedterm Municipal Opptys Fd Declares Monthly Dividend of $0.09 (MMD)Mainstay Definedterm Municipal Opptys Fd Declares Monthly Dividend of $0.09 (MMD)
www.americanbankingnews.com - January 3 at 8:36 PM
MainStay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions For The Months Of January, February And MarchMainStay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions For The Months Of January, February And March
finance.yahoo.com - January 2 at 9:55 AM
Peter Meenan Retires From MainStay DefinedTerm Municipal Opportunities Close End Fund BoardPeter Meenan Retires From MainStay DefinedTerm Municipal Opportunities Close End Fund Board
finance.yahoo.com - January 2 at 9:55 AM
MainStay DefinedTerm Municipal Opportunities Fund Renames As MainStay MacKay DefinedTerm Municipal Opportunities FundMainStay DefinedTerm Municipal Opportunities Fund Renames As MainStay MacKay DefinedTerm Municipal Opportunities Fund
finance.yahoo.com - December 15 at 5:16 PM
Kirk Lehneis Appointed President Of MainStay DefinedTerm Municipal Opportunities FundKirk Lehneis Appointed President Of MainStay DefinedTerm Municipal Opportunities Fund
finance.yahoo.com - October 6 at 10:36 AM
MainStay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions for the Months of October, November and DecemberMainStay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend Distributions for the Months of October, November and December
finance.yahoo.com - October 6 at 10:36 AM
Mainstay Definedterm Municipal Opptys Fd Plans Monthly Dividend of $0.09 (MMD)Mainstay Definedterm Municipal Opptys Fd Plans Monthly Dividend of $0.09 (MMD)
www.americanbankingnews.com - October 3 at 7:52 PM
MainStay DefinedTerm Municipal Opportunities Fund Declares Revised Ex-Dividend Date For The Month Of SeptemberMainStay DefinedTerm Municipal Opportunities Fund Declares Revised Ex-Dividend Date For The Month Of September
finance.yahoo.com - August 28 at 3:31 PM
Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) to Issue Monthly Dividend of $0.09Mainstay Definedterm Municipal Opptys Fd (NYSE:MMD) to Issue Monthly Dividend of $0.09
www.americanbankingnews.com - July 5 at 10:20 PM

SEC Filings

MainStay DefinedTerm (NYSE:MMD) SEC Filings

This page is loading this company's SEC Filings. Please wait...

Social Media

Financials

Financials are not available for this stock.

Chart

MainStay DefinedTerm (NYSE MMD) Stock Chart for Saturday, April, 21, 2018

Loading chart…

This page was last updated on 4/21/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.