MIY vs. CET, QQQX, GAM, MUC, MFIC, SLRC, MQY, HQH, MYI, and PHK
Should you be buying BlackRock MuniYield Michigan Quality Fund stock or one of its competitors? The main competitors of BlackRock MuniYield Michigan Quality Fund include Central Securities (CET), Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX), General American Investors (GAM), BlackRock MuniHoldings California Quality Fund (MUC), MidCap Financial Investment (MFIC), SLR Investment (SLRC), BlackRock MuniYield Quality Fund (MQY), Abrdn Healthcare Investors (HQH), BlackRock MuniYield Quality Fund III (MYI), and PIMCO High Income Fund (PHK). These companies are all part of the "investment offices, not elsewhere classified" industry.
BlackRock MuniYield Michigan Quality Fund (NYSE:MIY) and Central Securities (NYSE:CET) are both small-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their risk, media sentiment, valuation, institutional ownership, earnings, community ranking, dividends, profitability and analyst recommendations.
BlackRock MuniYield Michigan Quality Fund pays an annual dividend of $0.49 per share and has a dividend yield of 4.4%. Central Securities pays an annual dividend of $1.85 per share and has a dividend yield of 4.3%.
BlackRock MuniYield Michigan Quality Fund has a beta of 0.4, suggesting that its share price is 60% less volatile than the S&P 500. Comparatively, Central Securities has a beta of 0.86, suggesting that its share price is 14% less volatile than the S&P 500.
24.2% of BlackRock MuniYield Michigan Quality Fund shares are owned by institutional investors. Comparatively, 8.7% of Central Securities shares are owned by institutional investors. 1.0% of BlackRock MuniYield Michigan Quality Fund shares are owned by insiders. Comparatively, 10.3% of Central Securities shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
In the previous week, BlackRock MuniYield Michigan Quality Fund and BlackRock MuniYield Michigan Quality Fund both had 2 articles in the media. Central Securities' average media sentiment score of 0.86 beat BlackRock MuniYield Michigan Quality Fund's score of 0.47 indicating that Central Securities is being referred to more favorably in the news media.
BlackRock MuniYield Michigan Quality Fund received 82 more outperform votes than Central Securities when rated by MarketBeat users.
Summary
BlackRock MuniYield Michigan Quality Fund and Central Securities tied by winning 3 of the 6 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding MIY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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