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MYI

NEUTRAL
$10.76 Live
BlackRock MuniYield Quality Fund III, Inc. · NYSE
$10.2 52W Range $11.46

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 30, 2026
Market cap
$715.19M
P/E
28.32
ROE
3.1%
Profit margin
40.3%
Debt/Equity
0.7
Dividend yield
6.19%

AI Analysis

AI-powered fundamental assessment

Confidence
85%
MYI presents as a stable but stagnant closed-end fund, evidenced by a Piotroski F-Score of 5/9 and a Price-to-Book ratio of 0.90, indicating it trades at a 10% discount to its net asset value. While the current price of $10.76 sits comfortably between the Graham Number ($10.09) and Intrinsic Value ($11.21), the fund exhibits a critical sustainability issue with a payout ratio of 175.26%. The extreme earnings growth figures are likely accounting anomalies rather than organic growth. Overall, the fund is a value play for income seekers, but the bearish technical trend and unsustainable distribution profile limit upside potential.

Key Strengths

Trading at a discount to book value (P/B 0.90)
Stable financial health baseline (Piotroski 5/9)
Strong brand association with BlackRock management
Attractive dividend yield of 6.19%
Price is aligned with defensive fair value estimates

Key Risks

Unsustainable payout ratio (175.26%) suggesting return of capital
Severely bearish technical trend (0/100)
Low Return on Equity (3.11%)
High sensitivity to interest rate fluctuations in the muni-bond market
Lack of analyst coverage and institutional guidance
AI Fair Value Estimate
Based on comprehensive analysis
$10.65
-1.0% below current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
52
Moderate
Value
75
Future
40
Past
60
Health
55
Dividend
30
AI Verdict
Hold / Income Play
Key drivers: NAV Discount, Dividend Sustainability, Technical Weakness
Confidence
80%
Value
75/100

Ref P/E 28.32, P/B 0.90, Graham Number $10.09

Positives
  • P/B below 1.0
  • Price near Graham Number
Watchpoints
  • P/E ratio is relatively high for a muni-fund
Future
40/100

Ref Growth rates and Technical Trend 0/100

Positives
  • Positive 1Y price change
Watchpoints
  • Unreliable earnings growth spikes
  • Bearish technicals
Past
60/100

Ref Historical price performance

Positives
  • Positive 3Y and 1Y returns
Watchpoints
  • Negative 5Y total return
Health
55/100

Ref Piotroski F-Score 5/9

Positives
  • Piotroski F-Score of 5 indicates stability
Watchpoints
  • Very low current and quick ratios
Dividend
30/100

Ref Yield 6.19%, Payout 175.26%

Positives
  • Consistent 6.19% yield
Watchpoints
  • Payout ratio exceeds 175%, indicating potential capital erosion

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$10.76

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for MYI and closest competitors.

Updated 2026-04-29
MYI
BlackRock MuniYield Quality Fund III, Inc.
Primary
5Y
-2.0%
3Y
+15.8%
1Y
+9.2%
6M
+0.9%
1M
+4.1%
1W
-1.9%
ASG
Abrdn Global Infrastructure Income Fund
Peer
5Y
+81.9%
3Y
+71.2%
1Y
+44.0%
6M
+13.2%
1M
+0.7%
1W
+4.0%
IBC
Independent Bank Corporation
Peer
5Y
+71.8%
3Y
+127.0%
1Y
+24.4%
6M
+15.9%
1M
+4.9%
1W
+3.1%
IGR
CBRE Global Real Estate Income Fund
Peer
5Y
+3.5%
3Y
+33.0%
1Y
+11.2%
6M
+2.7%
1M
+12.5%
1W
-0.2%
JQC
Nuveen Credit Strategies Income Fund
Peer
5Y
+24.5%
3Y
+35.3%
1Y
+5.9%
6M
-0.5%
1M
+3.6%
1W
0.0%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
28.32
Forward P/E
N/A
PEG Ratio
N/A
P/B Ratio
0.9
P/S Ratio
11.6
EV/Revenue
N/A
EV/EBITDA
N/A
Market Cap
$715.19M

Profitability

Profit margins and return metrics

Profit Margin 40.35%
Operating Margin 87.71%
Gross Margin 100.0%
ROE 3.11%
ROA 2.49%

Growth

Revenue and earnings growth rates

Revenue Growth +6.3%
Earnings Growth +16541.4%
Q/Q Revenue Growth N/A
Q/Q Earnings Growth +16539.8%

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
0.7
Moderate
Current Ratio
0.07
Weak
Quick Ratio
0.06
Poor
Cash/Share
$N/A

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q1 2025

Total Assets
$1.4B
Liabilities
$0.6B
Equity
$0.8B
Debt/Equity
0.68x

Financial Services Sector Comparison

Comparing MYI against 915 companies in the Financial Services sector (148 bullish, 394 neutral, 373 bearish)
P/E Ratio
28.32
This Stock
vs
34.57
Sector Avg
-18.1% (Discount)
Return on Equity (ROE)
3.11%
This Stock
vs
0.12%
Sector Avg
+2482.4% (Excellent)
Profit Margin
40.35%
This Stock
vs
92.09%
Sector Avg
-56.2% (Weaker)
Debt to Equity
0.7
This Stock
vs
1.29
Sector Avg
-45.5% (Less Debt)
Revenue Growth
6.3%
This Stock
vs
33.99%
Sector Avg
-81.5% (Slower)
Current Ratio
0.07
This Stock
vs
3.02
Sector Avg
-97.8% (Weaker)

Similar Companies

Peer comparison within the same industry

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

O'CONNOR WALTER C
Other Executive
Stock Award
2026-01-30
354 shares
KALINOSKI MICHAEL
Other Executive
Stock Award
2026-01-30
114 shares
ROMAGLINO CHRISTIAN
Other Executive
Stock Award
2026-01-30
169 shares
Insider transactions can signal confidence or concerns about company prospects

SEC Filings

Recent regulatory filings from the SEC EDGAR database

8-K
8-K
2025-01-21
Data sourced from SEC EDGAR. AI summaries generated automatically.

Past News Coverage

Recent headlines mentioning MYI from our newsroom.

Newest → oldest
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