BIT

BlackRock Multi-Sector Income Trust [BIT] Stock Forecast

Q: What is BlackRock Multi-Sector Income Trust stock symbol ?

BlackRock Multi-Sector Income Trust is a US stock, located in New york of Ny and trading under the symbol BIT

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BIT Stock Summary

Earnings are expected to fall -100% next year

EPS has been decreasing for the past 3 years (Yearly statements)

BIT's dividend payments are not well covered by cash flows due to its high cash payout ratio (128.36%).

BIT has less than 1 year of cash runway

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In the News

12:39 10 Jun 2023 BIT

BIT: Revisiting A Multi-Asset CEF, 10% Yield

BlackRock Multi-Sector Income Trust has successfully navigated rising interest rates, outperforming its peers by using interest rate swaps and creating a flat duration profile. The fund is now transitioning to taking duration risk again as rates peak, with a bar-belled approach to its collateral, including a significant amount of 'AAA', 'B', and 'CCC' assets. The main risk for BIT is corporate credit spread risk going forward, mitigated by a large bucket of AAA assets.

05:25 10 Jun 2023 BIT

BIT: Some Good Things, But Distribution Sustainability Is Questionable

Investors are desperate for income today because of the rapidly-rising cost of living. BIT invests in a portfolio of traditional fixed-income and alternative credit securities to provide a high level of current income to its shareholders.

07:40 10 Jun 2023 BIT

BIT: High Exposure To CCC Or Lower Credits

The BIT fund provides high income from a portfolio of fixed income securities. I am concerned about BIT as the fund has over 20% of managed assets rated CCC or lower heading into a potentially weakening economy in 2023.

03:46 10 Jun 2023 BIT

BIT: This High-Yielding Bond Fund Might Be Worth Considering Today

BIT provides a way to obtain the extra income that is needed to weather today's rising cost of living. The fund invests in a levered bond portfolio to achieve a very high yield.

03:22 10 Jun 2023 BIT

BIT: When Zero Duration Does Outperform

BIT is a fixed-income multi-sector closed-end fund from the BlackRock suite. BIT is a rare CEF where management chose to take a view on interest rates and positioned the fund with a flat duration profile.

10:09 10 Jun 2023 BIT

BIT: Strong High-Yield Bond CEF, 9.4% Distribution Yield, Good Discount And Performance

BIT is a leveraged bond CEF, focusing on high-yield bonds.

01:19 10 Jun 2023 BIT

BIT: Trouncing The Competition

BlackRock Multi-Sector Income Trust (BIT) is a fixed income closed-end fund. The fund has exhibited an extraordinary resilience in the face of the Fed tapering announcement and increased rates.

09:09 10 Jun 2023 BIT

BIT - Multi-Sector BlackRock CEF With An Active Trading Strategy

BIT is a fixed-income multi-sector closed-end fund from the BlackRock suite. The fund employs an active trading strategy with duration positioning.

09:12 10 Jun 2023 BIT

Evaluating CEFs: NAV Erosion Is A Bit Of A Concern For BIT

05:30 10 Jun 2023 BIT

BTZ: Strong Diversified Bond CEF, 6.5% Distribution Yield, But Lower Returns And Alpha Vs. Peers

BIT Financial details

Company Rating

Buy

Market Cap

542.3M

Income

-43.74M

Revenue

128.32M

Book val./share

Cash/share

Dividend

1.49

Dividend %

10.34%

Employees

Optionable

Shortable

Yes

Earnings

P/E

-7.83

Forward P/E

PEG

0.47

P/S

-7.91

P/B

0.98

P/C

P/FCF

3.56

Quick Ratio

0.56

Current Ratio

0.56

Debt / Equity

0.68

LT Debt / Equity

0.53

EPS (TTM)

-1.17

EPS next Y

EPS next Q

EPS this Y

-202.22%

EPS next Y

EPS next 5Y

EPS last 5Y

NAN%

Revenue last 5Y

NAN%

Revenue Q/Q

-9.03%

EPS Q/Q

155.92%

SMA20

-1.91%

SMA50

1.19%

SMA100

-2.31%

Inst Own

Inst Trans

ROA

-7%

ROE

-11%

ROC

-0.07%

Gross Margin

100%

Oper. Margin

95%

Profit Margin

101%

Payout

-79%

Shs Outstand

37.69M

Shs Float

37.69M

Target Price

52W Range

13.42-16.75

52W High

-10.06%

52W Low

+10.69%

RSI

47.71

Rel Volume

0.71

Avg Volume

92.88K

Volume

65.72K

Perf Week

0.49%

Perf Month

-1.91%

Perf Quarter

-1.64%

Perf Half Y

-2.31%

Beta

Volatility

0.04%, 0.22%

Prev Close

-0.35%

Price

14.39

Change

-1.03%

BIT Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-10-31

Metric	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31
Revenue per share	0.27	-0.08	1.88	1.83	-1.82
Net income per share	0.25	-0.1	1.86	1.8	-1.84
Operating cash flow per share	4.07	1.14	2.22	0.54	4.05
Free cash flow per share	4.07	1.14	2.22	0.54	4.05
Cash per share	0	0	0	0	0
Book value per share	19.69	13.54	17.62	17.92	14.69
Tangible book value per share	19.69	13.54	17.62	17.92	14.69
Share holders equity per share	19.69	13.54	17.62	17.92	14.69
Interest debt per share	0.3	8.02	9.52	10.3	7.91
Market cap	586.76M	821.28M	588.61M	710.99M	542.73M
Enterprise value	586.98M	1.19B	941.64M	1.1B	836.25M
P/E ratio	65	-171.5	8.41	10.47	-7.85
Price to sales ratio	59.31	-203.36	8.32	10.3	-7.91
POCF ratio	3.99	15.02	7.04	34.71	3.57
PFCF ratio	3.99	15.02	7.04	34.71	3.57
P/B Ratio	0.83	1.27	0.89	1.05	0.98
PTB ratio	0.83	1.27	0.89	1.05	0.98
EV to sales	59.33	-295.81	13.31	15.91	-12.19
Enterprise value over EBITDA	29.69	203.78	12.56	15.72	-12.83
EV to operating cash flow	3.99	21.85	11.26	53.6	5.49
EV to free cash flow	3.99	21.85	11.26	53.6	5.49
Earnings yield	0.02	-0.01	0.12	0.1	-0.13
Free cash flow yield	0.25	0.07	0.14	0.03	0.28
Debt to equity	0.61	0.61	0.6	0.7	0.68
Debt to assets	0.38	0.38	0.37	0.41	0.4
Net debt to EBITDA	0.01	63.69	4.71	5.54	-4.5
Current ratio	0	2.48	0.77	0.26	0.56
Interest coverage	0	0.55	14.98	36.85	-16.46
Income quality	16.28	-11.42	1.19	0.3	-2.2
Dividend Yield	0.1	0.06	0.09	0.08	0.1
Payout ratio	6.45	-11.05	0.8	0.8	-0.79
Sales general and administrative to revenue	0.07	-0.16	0.02	0.01	-0.01
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0	0	0	0	0
Graham number	10.52	5.52	27.16	26.94	24.65
ROIC	0	0.01	0.07	0.06	-0.07
Return on tangible assets	0.01	0	0.07	0.06	-0.07
Graham Net	-11.36	-7.98	-10.23	-12.26	-9.35
Working capital	-432.43M	9.36M	-3.83M	-50.79M	-24.34M
Tangible asset value	710.83M	648.62M	662.85M	676.39M	552.55M
Net current asset value	-432.55M	-378.32M	-381.72M	-458.31M	-343.8M
Invested capital	0	0.58	0.53	0.57	0.53
Average receivables	26.88M	22.71M	14.18M	15.22M	24.57M
Average payables	25.37M	21.39M	11.47M	42.58M	62.13M
Average inventory	0	0	0	0	0
Days sales outstanding	1.1K	-1.42K	65.58	93.77	-167.15
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	0.33	-0.26	5.57	3.89	-2.18
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0.01	-0.01	0.11	0.1	-0.13
Capex per share	0	0	0	0	0

Quarterly Fundamentals Overview

Last date of statement is 2022-10-31 for Q3

Metric	2020-10-31	2021-04-30	2021-10-31	2022-04-30	2022-10-31
Revenue per share	0	0	0	0	0
Net income per share	0	0	0	0	0
Operating cash flow per share	0	0	0	0	0
Free cash flow per share	0	0	0	0	0
Cash per share	0	0	0	0	0
Book value per share	0	0	0	0	0
Tangible book value per share	0	0	0	0	0
Share holders equity per share	0	0	0	0	0
Interest debt per share	0	0	0	0	0
Market cap	0	0	0	0	0
Enterprise value	-100.98K	-11.93K	386.9M	355.89M	293.52M
P/E ratio	0	0	0	0	0
Price to sales ratio	0	0	0	0	0
POCF ratio	0	0	0	0	0
PFCF ratio	0	0	0	0	0
P/B Ratio	0	0	0	0	0
PTB ratio	0	0	0	0	0
EV to sales	0	0	0	0	0
Enterprise value over EBITDA	0	0	0	0	0
EV to operating cash flow	0	0	0	0	0
EV to free cash flow	0	0	0	0	0
Earnings yield	0	0	0	0	0
Free cash flow yield	0	0	0	0	0
Debt to equity	0.6	0.68	0.7	0.62	0.68
Debt to assets	0.37	0.41	0.41	0.38	0.4
Net debt to EBITDA	0	0	0	0	0
Current ratio	0	0	0.26	2.01	0.56
Interest coverage	0	0	0	0	0
Income quality	0	0	0	0	0
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0	0
Sales general and administrative to revenue	0	0	0	0	0
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0	0	0	0	0
Graham number	0	0	0	0	0
ROIC	0	0	0	0	0
Return on tangible assets	0	0	0	0	0
Graham Net	0	0	0	0	0
Working capital	0	0	-50.79M	9.86M	-24.34M
Tangible asset value	662.85M	695.96M	676.39M	609.82M	552.55M
Net current asset value	-394.53M	-475.09M	-458.31M	-359.21M	-343.8M
Invested capital	0	0	0.57	0.58	0.53
Average receivables	17.08M	15.05M	17.56M	18.65M	25.49M
Average payables	19.14M	22.76M	48.36M	39.11M	32.73M
Average inventory	0	0	0	0	0
Days sales outstanding	0	0	0	0	0
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	0	0	0	0	0
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0	0	0	0	0
Capex per share	0	0	0	0	0

BIT Dividend History

BIT Frequently Asked Questions

What is BlackRock Multi-Sector Income Trust stock symbol ?

BlackRock Multi-Sector Income Trust is a US stock , located in New york of Ny and trading under the symbol BIT

What is BlackRock Multi-Sector Income Trust stock quote today ?

BlackRock Multi-Sector Income Trust stock price is $14.39 today.

Is BlackRock Multi-Sector Income Trust stock public?

Yes, BlackRock Multi-Sector Income Trust is a publicly traded company.

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Company Profile

Volume Average 92.88K
Market Capitalization 542.3M
CEO Mr. Charles Choon Sik Park
Headquarters New York,NY,US
IPO Date 2013-02-26
Website https://www.blackrock.com/investing/products/249839/blackrock-multisector-income-trust-fund

BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc. It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic. BlackRock Multi-Sector Income Trust was formed on February 25, 2013 and is domiciled in the United States.