RIV

RiverNorth Opportunities Fund, Inc. [RIV] Stock Forecast

Q: What is RiverNorth Opportunities Fund, Inc. stock symbol ?

RiverNorth Opportunities Fund, Inc. is a US stock, located in Chicago of Il and trading under the symbol RIV

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RIV Stock Summary

Earnings are expected to fall -100% next year

RIV's dividend payments are not well covered by cash flows due to its high cash payout ratio (2919.08%).

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In the News

12:19 25 Mar 2023 RIV

94 Monthly Paying Dividend Stocks And 80 Funds For March

Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These March U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (94); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by yield >8.69% (80).

08:43 25 Mar 2023 RIV

RIV: Unique Strategy And Beats The Market, But Concern About The Distribution

RIV invests in a portfolio of CEFs, BDCs, and other very high-yielding assets to try and give investors an outsized yield. The fund's mix of bonds and common equity would have been an advantage in years past but that is not the case today.

11:47 25 Mar 2023 RIV

RIV: Modest Returns But 12% Yield Will Lead To Shrinking NAV

The RIV fund tactically invests in CEFs and other funds to exploit inefficiencies. RIV has been relatively successful, with 5Yr average annual total returns of 4.5%.

10:58 25 Mar 2023 RIV

101 Monthly Paying Dividend Stocks And 80 Funds For January

Imagine stocks or funds that pay-out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These January U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (101); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >8.69% (80).

10:52 25 Mar 2023 RIV

Weekly Closed-End Fund Roundup: DEX Will Merge With AGD, Tender Next January (December 11, 2022)

2 out of 23 CEF sectors positive on price and 4 out of 23 sectors positive on NAV last week. DEX will merge with AGD.

02:34 25 Mar 2023 RIV

RIV: Nice Yield But Questions About Sustainability

RiverNorth Opportunities Fund, Inc. is fairly unique among closed-end funds as it invests primarily in SPACs, BDCs, and other funds. The fund is reasonably well-balanced between common equity and fixed income, which should provide a balance between safety and return potential.

09:43 25 Mar 2023 RIV

Weekly Closed-End Fund Roundup: Special Distributions Coming Up (December 4, 2022)

22 out of 23 CEF sectors positive on price and 22 out of 23 sectors positive on NAV last week. All sectors were positive last week.

12:59 25 Mar 2023 RIV

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 25 Mar 2023 RIV

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 25 Mar 2023 RIV

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.

RIV Financial details

Company Rating

Market Cap

201.02M

Income

-1.2M

Revenue

1.8M

Book val./share

Cash/share

Dividend

1.91

Dividend %

17.37%

Employees

Optionable

Shortable

Yes

Earnings

P/E

-7.84

Forward P/E

PEG

0.81

P/S

-8.72

P/B

0.4

P/C

P/FCF

Quick Ratio

Current Ratio

Debt / Equity

0.12

LT Debt / Equity

EPS (TTM)

0.12

EPS next Y

EPS next Q

EPS this Y

-140.85%

EPS next Y

EPS next 5Y

EPS last 5Y

NAN%

Revenue last 5Y

NAN%

Revenue Q/Q

-1290.05%

EPS Q/Q

2584.52%

SMA20

-7.37%

SMA50

-9.57%

SMA100

-8.44%

Inst Own

Inst Trans

ROA

-5%

ROE

-6%

ROC

Gross Margin

Oper. Margin

Profit Margin

111%

Payout

Shs Outstand

18.29M

Shs Float

Target Price

52W Range

10.82-16.3

52W High

-30.94%

52W Low

+10.5%

RSI

32.22

Rel Volume

0.36

Avg Volume

105.97K

Volume

38.05K

Perf Week

1.19%

Perf Month

-10.16%

Perf Quarter

-9.28%

Perf Half Y

-15.2%

Beta

Volatility

0.05%, 0.42%

Prev Close

0.27%

Price

11.05

Change

-0.09%

RIV Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-07-31

Metric	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31
Revenue per share	0.93	1.13	-0.06	3.56	-1.26
Net income per share	0.78	0.96	-0.21	3.44	-1.4
Operating cash flow per share	0	0	0	0	0
Free cash flow per share	0	0	0	0	0
Cash per share	0	0.01	0.02	2.07	0.02
Book value per share	18.98	17.32	14.82	17.02	27.86
Tangible book value per share	18.98	17.32	14.82	17.02	27.86
Share holders equity per share	18.98	17.32	14.82	17.02	27.86
Interest debt per share	0.01	0.02	0.81	0	0.01
Market cap	102.47M	125.12M	139.07M	226.47M	182.19M
Enterprise value	102.47M	125.07M	146.4M	200.68M	181.96M
P/E ratio	24.4	18.11	-71.54	5.29	-10.43
Price to sales ratio	20.53	15.41	-229.61	5.11	-11.59
POCF ratio	0	0	0	0	0
PFCF ratio	0	0	0	0	0
P/B Ratio	1.01	1	1	1.07	0.53
PTB ratio	1.01	1	1	1.07	0.53
EV to sales	20.53	15.41	-241.72	4.53	-11.57
Enterprise value over EBITDA	24.24	17.79	-78.31	4.69	-10.51
EV to operating cash flow	0	0	0	0	0
EV to free cash flow	0	0	0	0	0
Earnings yield	0.04	0.06	-0.01	0.19	-0.1
Free cash flow yield	0	0	0	0	0
Debt to equity	0.05	0.12	0.17	0.14	0.12
Debt to assets	0.05	0.11	0.15	0.13	0.11
Net debt to EBITDA	0	-0.01	-3.92	-0.6	0.01
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	0.11	0.08	-1.14	0.02	-0.07
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	18.3	19.34	8.31	36.3	29.67
ROIC	0	0	0	0	0
Return on tangible assets	0.04	0.05	-0.01	0.18	-0.05
Graham Net	-0.9	-1.95	-2.47	-0.28	-3.09
Working capital	0	0	0	0	0
Tangible asset value	101.62M	124.66M	139.17M	211.71M	346.44M
Net current asset value	-5.28M	-14.79M	-23.78M	-30.45M	-41.2M
Invested capital	0	0	0.05	0	0
Average receivables	396.91K	789.14K	749.92K	1.02M	2.43M
Average payables	202.03K	529K	1.15M	1.78M	2.02M
Average inventory	0	0	0	0	0
Days sales outstanding	45.37	43.07	-326.61	12.31	-78.14
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	8.05	8.47	-1.12	29.64	-4.67
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0.04	0.06	-0.01	0.2	-0.05
Capex per share	0	0	0	0	0

Quarterly Fundamentals Overview

Last date of statement is 2022-07-31 for Q4

Metric	2020-07-31	2021-01-31	2021-07-31	2022-01-31	2022-07-31
Revenue per share	0.19	0	0	0	0
Net income per share	-1	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	0.02	0	0	0	0
Book value per share	14.86	0	0	0	0
Tangible book value per share	14.86	0	0	0	0
Share holders equity per share	14.86	0	0	0	0
Interest debt per share	-0.24	0	0	0	0
Market cap	138.66M	0	0	0	0
Enterprise value	146M	-182.59K	-25.79M	29.68M	-234.55K
P/E ratio	-3.69	0	0	0	0
Price to sales ratio	76.95	0	0	0	0
POCF ratio	0	0	0	0	0
PFCF ratio	0	0	0	0	0
P/B Ratio	1	0	0	0	0
PTB ratio	1	0	0	0	0
EV to sales	81.02	0	0	0	0
Enterprise value over EBITDA	-7.64	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	-0.07	0	0	0	0
Free cash flow yield	0	0	0	0	0
Debt to equity	0.17	0.09	0.14	0.2	0.12
Debt to assets	0.15	0.09	0.13	0.17	0.11
Net debt to EBITDA	-0.38	0	0	0	0
Current ratio	0	0	0	0	0
Interest coverage	-0.03	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	0.04	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	18.31	0	0	0	0
ROIC	0	0	0	0	0
Return on tangible assets	-0.06	0	0	0	0
Graham Net	-2.48	0	0	0	0
Working capital	0	0	0	0	0
Tangible asset value	139.17M	167.35M	211.71M	280.03M	346.44M
Net current asset value	-23.78M	-15.61M	-30.45M	-56.27M	-41.2M
Invested capital	0.05	0	0	0.11	0
Average receivables	0	0	0	0	0
Average payables	0	0	0	0	0
Average inventory	0	0	0	0	0
Days sales outstanding	27.07	0	0	0	0
Days payables outstanding	118.18	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	3.32	0	0	0	0
Payables turnover	0.76	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	-0.07	0	0	0	0
Capex per share	0	0	0	0	0