OPP

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. [OPP] Stock Forecast

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OPP Stock Summary

Earnings are expected to fall -100% next year

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In the News

03:11 24 Mar 2023 OPP

OPP: This High-Yielding CEF Looks Better And Could Be A Play On Bank Problems

Investors are desperate for income to maintain their standard of living in today's incredibly high inflation. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. invests in a portfolio of fixed-income and other high-yielding assets and employs leverage to give investors an incredibly high yield.

05:50 24 Mar 2023 OPP

Weekly Closed-End Fund Roundup: February 12, 2023

1 out of 22 CEF sectors positive on price and 0 out of 22 sectors positive on NAV last week. Senior loans lead while real estate lags.

08:17 24 Mar 2023 OPP

Preferreds Weekly Review: Year-End Tax Losers Rally Hard

We take a look at the action in preferreds and baby bonds through the first week of January and highlight some of the key themes we are watching. Preferreds had a terrific start to the year, supported by lower Treasury yields and higher stocks.

04:04 24 Mar 2023 OPP

OPP: Interesting Fund But Don't Count On That Yield Being Sustainable

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. invests its assets in three tactical silos that include both other closed-end funds and fixed-income assets. The closed-end fund is invested in some floating-rate loans that should hold their value in the face of rising rates.

12:59 24 Mar 2023 OPP

Weekly Closed-End Fund Roundup: Tortoise Tender Results, NCZ Resumes Distributions (November 6, 2022)

12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.

12:51 24 Mar 2023 OPP

Weekly Closed-End Fund Roundup: Tortoise Tender Offers Expiring (October 23, 2022)

16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.

12:22 24 Mar 2023 OPP

Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)

0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.

10:24 24 Mar 2023 OPP

OPP: Rights Offering Results Quick Notes

OPP's rights offering results have concluded. The share price trended towards the subscription floor, as we expected.

09:15 24 Mar 2023 OPP

OPP Rights Offering: Mediocre Take-Out

OPP concluded its rights offering yesterday. The CEF was able to raise $34 million in new capital via the offering.

07:39 24 Mar 2023 OPP

CEF Weekly Review: Why Rising Leverage Costs Are Not To Blame For Low Returns

We review CEF market valuation and performance through the third week of September and highlight recent market action. CEFs had a tough week due to an upside surprise in inflation which pushed nearly all assets lower.

OPP Financial details

Company Rating

Market Cap

190.43M

Income

Revenue

Book val./share

Cash/share

Dividend

1.64

Dividend %

18.83%

Employees

Optionable

Shortable

Yes

Earnings

P/E

-3.47

Forward P/E

PEG

P/S

-3.6

P/B

0.34

P/C

P/FCF

-2.9

Quick Ratio

Current Ratio

Debt / Equity

LT Debt / Equity

EPS (TTM)

EPS next Y

EPS next Q

EPS this Y

-196.3%

EPS next Y

EPS next 5Y

EPS last 5Y

NAN%

Revenue last 5Y

NAN%

Revenue Q/Q

EPS Q/Q

SMA20

-3.55%

SMA50

-4.96%

SMA100

-3.44%

Inst Own

Inst Trans

ROA

-10%

ROE

-11%

ROC

Gross Margin

Oper. Margin

Profit Margin

104%

Payout

-111%

Shs Outstand

22.97M

Shs Float

Target Price

52W Range

8.2-13.07

52W High

-33.08%

52W Low

+8.75%

RSI

56.37

Rel Volume

0.47

Avg Volume

200.22K

Volume

93.48K

Perf Week

2.72%

Perf Month

-1.36%

Perf Quarter

-6.45%

Perf Half Y

-12.39%

Beta

Volatility

0.17%, 0.17%

Prev Close

0.35%

Price

8.7

Change

2.84%

OPP Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-06-30

Metric	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30
Revenue per share	0.5	1.4	-0.75	2.81	-2.42
Net income per share	0.41	1.31	-0.84	2.74	-2.51
Operating cash flow per share	1.49	1.96	-0.27	-0.17	-5.19
Free cash flow per share	1.49	1.96	-0.27	-0.17	-5.19
Cash per share	0	0	0.01	0.15	0
Book value per share	18.37	17.72	14.6	21.43	25.52
Tangible book value per share	18.37	17.72	14.6	21.43	25.52
Share holders equity per share	18.37	17.72	14.6	21.43	25.52
Interest debt per share	6.7	6.76	4.93	1.61	0.01
Market cap	198.9M	193.05M	190.07M	207.05M	144.73M
Enterprise value	272.4M	266.52M	255.47M	226.05M	144.72M
P/E ratio	42.99	13.15	-16.6	5.69	-4.34
Price to sales ratio	35.37	12.24	-18.51	5.53	-4.5
POCF ratio	11.84	8.76	-51.64	-92.88	-2.1
PFCF ratio	11.84	8.76	-51.64	-92.88	-2.1
P/B Ratio	0.96	0.97	0.95	0.73	0.43
PTB ratio	0.96	0.97	0.95	0.73	0.43
EV to sales	48.44	16.9	-24.88	6.04	-4.5
Enterprise value over EBITDA	41.86	15.55	-26.63	6.14	-4.36
EV to operating cash flow	16.21	12.09	-69.41	-101.4	-2.1
EV to free cash flow	16.21	12.09	-69.41	-101.4	-2.1
Earnings yield	0.02	0.08	-0.06	0.18	-0.23
Free cash flow yield	0.08	0.11	-0.02	-0.01	-0.48
Debt to equity	0.37	0.38	0.33	0.12	0
Debt to assets	0.27	0.27	0.25	0.1	0
Net debt to EBITDA	11.29	4.29	-6.82	0.52	0
Current ratio	0	0	0	0	0
Interest coverage	0	0	0	0	0
Income quality	3.63	1.5	0.32	-0.06	2.07
Dividend Yield	0.09	0.11	0.14	0.14	0.26
Payout ratio	4.06	1.5	-2.32	0.81	-1.11
Sales general and administrative to revenue	0.17	0.06	-0.1	0.03	-0.03
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	13.04	22.81	16.59	36.34	37.93
ROIC	0	0	0	0	0
Return on tangible assets	0.02	0.05	-0.04	0.11	-0.1
Graham Net	-6.68	-6.57	-4.74	-2.15	0.01
Working capital	0	0	0	0	0
Tangible asset value	206.56M	199.21M	199.51M	284.83M	339.12M
Net current asset value	-76.01M	-75.09M	-66.06M	-33.34M	-1.37M
Invested capital	0.36	0.37	0.33	0.07	0
Average receivables	0	1.39M	1.61M	2.64M	2.83M
Average payables	0	1.64M	644.79K	6M	6.27M
Average inventory	0	0	0	0	0
Days sales outstanding	76.76	36.94	-57.63	35.72	-22.76
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	4.76	9.88	-6.33	10.22	-16.04
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0.02	0.07	-0.06	0.13	-0.1
Capex per share	0	0	0	0	0

Quarterly Fundamentals Overview

Last date of statement is 2022-06-30 for Q4

Metric	2020-06-30	2020-12-31	2021-06-30	2021-12-31	2022-06-30
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	65.4M	30M	18.99M	3.54K	-538
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	0.33	0.43	0.12	0.01	0
Debt to assets	0.25	0.3	0.1	0.01	0
Net debt to EBITDA	0	0	0	0	0
Current ratio	0	0	0	0	0
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	0	0	0
Tangible asset value	199.51M	211.36M	284.83M	392.92M	339.12M
Net current asset value	-66.06M	-90.57M	-33.34M	-2.13M	-1.37M
Invested capital	0.33	0.14	0.07	0	0
Average receivables	2.4M	1.94M	2.95M	2.72M	1.89M
Average payables	3.44M	1.05M	6.9M	6.42M	837.33K
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

OPP Dividend History

OPP Frequently Asked Questions

What is RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. stock symbol ?

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. is a US stock , located in Chicago of Il and trading under the symbol OPP

What is RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. stock quote today ?

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. stock price is $8.7 today.

Is RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. stock public?

Yes, RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. is a publicly traded company.

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Company Profile

Volume Average 200.22K
Market Capitalization 190.43M
CEO Mr. Patrick William Galley C.F.A., CFA
Headquarters Chicago,IL,US
IPO Date 2016-09-28
Website https://www.rivernorth.com/mutual-funds/rnsix-rndlx

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by DoubleLine Capital LP. It invests in fixed income markets. The fund seeks to benchmark the performance of its portfolio against the Barclays Capital U.S. Aggregate Bond Index. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. was formed on December 30, 2010 and is domiciled in the United States.