NIE

AllianzGI Equity & Convertible Income Fund [NIE] Stock Forecast

Buy or Sell ? Support and Resistance

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RSI : 000

NIE Stock Summary

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In the News

04:35 29 Sep 2023 NIE

NIE: Tech Weighting Could Be A Problem, But It's A Solid Fund

Anyone that's followed me for a while knows I'm obsessed with the word "conditions" when it comes to investing. Virtus Equity & Convertible Income Fund has done quite well for some time now, consistently being in the top of its category for several years. I typically like more mean reversion plays with funds that have fared relatively poorly over the last several years, but the consistency can't be ignored on a relative basis.

03:19 29 Sep 2023 NIE

2 Unsung 9% Paying Funds With Dividends That Soar

Stop me if you've heard this one: “If you buy a high-yielding investment, your big yield won't last because they'll cut dividends.”

09:15 29 Sep 2023 NIE

These 8% Dividends Are Key To Early Retirement

With yields north of 7%, closed-end funds (CEFs) should be a staple of every American's portfolio.

07:56 29 Sep 2023 NIE

NIE: Best Way To Gain Through Growth Stocks, Covered Calls, And Convertibles

Price performance of healthcare and financial stocks in NIE's portfolio was quite disappointing this year. However, technology stocks performed well. NIE has been able to generate an exceptionally high yield during 2022 and 2023. Otherwise, the average yield stays within a range of 5 to 8 percent.

05:37 29 Sep 2023 NIE

NIE: I Want To Like This Convertible CEF But I'm Not Sure It's Worth The Risk

Convertible securities offer the best of fixed-income securities and common equities to investors. AllianzGI Equity & Convertible Income Fund is heavily invested in technology and healthcare companies, which is not unsurprising but resulted in horrible performance when the bubble popped last year.

04:59 29 Sep 2023 NIE

NIE: CEF That Combines Growth Stocks, Covered Calls And Convertibles

NIE has been paying consistent quarterly dividends with a reasonably strong yield and exceptionally high total return over the long term. Convertible securities protected NIE from extreme volatility of large-cap stocks, and covered call strategy helped it generate strong pay-out.

07:00 29 Sep 2023 NIE

NIE: Virtus CEF That Adds Convertibles And Options To Its Equity Mix

The AllianzGI Equity & Convertible Income Fund uses a combination of stocks, covered calls, and convertibles to provide investors with capital appreciation and current income. This differs from its sister CEF, the Virtus AllianzGI Diversified Income & Convertible Fund, who emphasizes the convertible part of its strategy.

09:50 29 Sep 2023 NIE

CEF Weekly Market Review: Slow And Steady Distributions Can Win The Race

We review CEF market valuation and performance through the first week of December and highlight recent market action. November did not bring much joy to CEF investors with the market finishing lower in aggregate. December has continued the trend lower so far.

05:43 29 Sep 2023 NIE

Monthly Review Of DivGro: September 2021

This article reviews DivGro, my portfolio of dividend growth stocks. I provide a summary of transactions and indicate how those transactions affected DivGro's projected annual dividend income. This month is the first time my projected monthly dividend income topped $3,000!

10:15 29 Sep 2023 NIE

NIE: A Portfolio Mix Of Growth Equities And Convertible Securities, 5.02% Distribution Yield

NIE offers a quarterly distribution of $0.38 per share, which makes up a 5.02% yield, as of 09/18/2021. The quarterly distribution rate has been steady and changed only a couple of times over the last decade.

NIE Financial details

Company Rating
Buy
Market Cap
558.89M
Income
395.35M
Revenue
35.12M
Book val./share
-
Cash/share
-
Dividend
3.98
Dividend %
20.04%
Employees
-
Optionable
No
Shortable
Yes
Earnings
31 Mar 2020
P/E
0
Forward P/E
-
PEG
-
P/S
-5.1
P/B
-
P/C
-
P/FCF
5.12
Quick Ratio
1.89
Current Ratio
1.89
Debt / Equity
-
LT Debt / Equity
-
-
-
EPS (TTM)
14.26
EPS next Y
-
EPS next Q
-
EPS this Y
-
EPS next Y
-
EPS next 5Y
-
EPS last 5Y
-
Revenue last 5Y
NAN%
Revenue Q/Q
-81.36%
EPS Q/Q
676.29%
-
-
-
-
SMA20
-4.76%
SMA50
-9.09%
SMA100
-
Inst Own
0.2%
Inst Trans
1%
ROA
-17%
ROE
-17%
ROC
-0.17%
Gross Margin
100%
Oper. Margin
100%
Profit Margin
100%
Payout
-39%
Shs Outstand
27.71M
Shs Float
0
-
-
-
-
Target Price
-
52W Range
18.02-22.17
52W High
-9.61%
52W Low
+10.47%
RSI
33
Rel Volume
0.66
Avg Volume
64K
Volume
42.48K
Perf Week
-1.02%
Perf Month
-3.47%
Perf Quarter
-0.18%
Perf Half Y
4.71%
-
-
-
-
Beta
-
-
-
Volatility
0.14%, 0.5%
Prev Close
0.18%
Price
19.885
Change
0.48%

NIE Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-01-31

Metric History 2020-01-312020-01-312021-01-312022-01-31 2023-01-31
Revenue per share
3.97.562.72-3.880
Net income per share
3.887.542.68-3.90
Operating cash flow per share
3.880000
Free cash flow per share
3.880000
Cash per share
00.02000
Book value per share
24.930.9130.2222.350
Tangible book value per share
24.9430.9530.2222.350
Share holders equity per share
24.930.9130.2222.350
Interest debt per share
00000
Market cap
640.84M641.16M787.54M760.01M0
Enterprise value
640.84M640.58M787.44M759.91M-101K
P/E ratio
5.963.0710.57-7.010
Price to sales ratio
5.943.0610.41-7.040
POCF ratio
5.960000
PFCF ratio
5.960000
P/B Ratio
0.930.750.941.220
PTB ratio
0.930.750.941.220
EV to sales
5.943.0610.41-7.040
Enterprise value over EBITDA
5.963.0710.57-7.010
EV to operating cash flow
5.960000
EV to free cash flow
5.960000
Earnings yield
0.170.330.09-0.140
Free cash flow yield
0.170000
Debt to equity
00000
Debt to assets
00000
Net debt to EBITDA
00000
Current ratio
1.31.110.411.891.89
Interest coverage
00000
Income quality
10000
Dividend Yield
0.070000
Payout ratio
0.390000
Sales general and administrative to revenue
000.02-0.01-0.01
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
00000
Capex to revenue
00000
Capex to depreciation
00000
Stock based compensation to revenue
00000
Graham number
46.6372.4142.6944.280
ROIC
0.160.240.09-0.17-0.17
Return on tangible assets
0.150.240.09-0.17-0.17
Graham Net
-0.01-0.05-0.140.020
Working capital
2.03M1.04M-1.64M2.88M2.88M
Tangible asset value
690.56M857.6M840.26M621.64M622.45M
Net current asset value
2.03M1.04M-3.59M2.07M2.88M
Invested capital
00000
Average receivables
9.41M9.38M5.46M3.54M6.02M
Average payables
7.78M8.13M6.1M3.02M3.24M
Average inventory
00000
Days sales outstanding
30.0817.195.11-20.34-20.34
Days payables outstanding
00000
Days of inventory on hand
00000
Receivables turnover
12.1321.2371.43-17.94-17.94
Payables turnover
00000
Inventory turnover
00000
ROE
0.160.240.09-0.17-0.17
Capex per share
00000

Quarterly Fundamentals Overview

Last date of statement is 2023-01-31 for Q4

Metric History 2022-01-312022-07-312022-07-312023-01-31 2023-01-31
Revenue per share
00000
Net income per share
00000
Operating cash flow per share
00000
Free cash flow per share
00000
Cash per share
00000
Book value per share
00000
Tangible book value per share
00000
Share holders equity per share
00000
Interest debt per share
00000
Market cap
00000
Enterprise value
-100K-100K-100K-101K-101K
P/E ratio
00000
Price to sales ratio
00000
POCF ratio
00000
PFCF ratio
00000
P/B Ratio
00000
PTB ratio
00000
EV to sales
00000
Enterprise value over EBITDA
00000
EV to operating cash flow
00000
EV to free cash flow
00000
Earnings yield
00000
Free cash flow yield
00000
Debt to equity
00000
Debt to assets
00000
Net debt to EBITDA
00000
Current ratio
0.410.610.611.891.89
Interest coverage
00000
Income quality
00000
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
00000
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
00000
Capex to revenue
00000
Capex to depreciation
00000
Stock based compensation to revenue
00000
Graham number
00000
ROIC
00000
Return on tangible assets
00000
Graham Net
00000
Working capital
-1.64M-1.75M-1.75M2.88M2.88M
Tangible asset value
840.26M721.61M723.19M622.45M621.64M
Net current asset value
-3.59M-3.33M-1.75M2.88M2.07M
Invested capital
00000
Average receivables
1.86M1.87M4.35M4.35M4.35M
Average payables
6.55M3.66M3.88M3.88M3.88M
Average inventory
00000
Days sales outstanding
00000
Days payables outstanding
00000
Days of inventory on hand
00000
Receivables turnover
00000
Payables turnover
00000
Inventory turnover
00000
ROE
00000
Capex per share
00000

NIE Frequently Asked Questions

What is AllianzGI Equity & Convertible Income Fund stock symbol ?

AllianzGI Equity & Convertible Income Fund is a US stock , located in New york of Ny and trading under the symbol NIE

What is AllianzGI Equity & Convertible Income Fund stock quote today ?

AllianzGI Equity & Convertible Income Fund stock price is $19.885 today.

Is AllianzGI Equity & Convertible Income Fund stock public?

Yes, AllianzGI Equity & Convertible Income Fund is a publicly traded company.

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