Dtf Tax Free Stock Today

DTF Stock  USD 10.75  0.03  0.28%   

Performance

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Odds Of Distress

Less than 1

 
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DTF Tax is trading at 10.75 as of the 27th of April 2024. This is a 0.28 percent up since the beginning of the trading day. The stock's lowest day price was 10.72. DTF Tax has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for DTF Tax Free are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of March 2024 and ending today, the 27th of April 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
22nd of November 1991
Classification
Financials
DTF Tax-Free Income 2028 Term Fund Inc. is a closed-ended fixed income mutual fund launched by Virtus Investment Partners, Inc. DTF Tax-Free Income 2028 Term Fund Inc. was formed on November, 1991 and is domiciled in the United States. Dtf Tax-Freeome operates under Asset Management classification in the United States and is traded on New York Stock Exchange.. The company has 7.03 M outstanding shares of which 1.53 K shares are currently shorted by investors with about 0.08 days to cover. More on DTF Tax Free

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DTF Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. DTF Tax's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding DTF Tax or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEONathan Partain
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Financial Strength
Based on the key measurements obtained from DTF Tax's financial statements, DTF Tax Free is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of DTF Tax Free is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.660.68
Sufficiently Down
Slightly volatile
Total Current Liabilities61.5 K64.7 K
Notably Down
Slightly volatile
Total Assets148.7 M75.8 M
Way Up
Slightly volatile
Total Current Assets1.5 M1.5 M
Notably Down
Very volatile
Total Cash From Operating Activities52.4 M49.9 M
Sufficiently Up
Slightly volatile
DTF Tax's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to DTF Tax's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand DTF Tax's financial leverage. It provides some insight into what part of DTF Tax's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on DTF Tax's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how DTF Tax deploys its capital and how much of that capital is borrowed.
Liquidity
DTF Tax cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 64.79 M in debt with debt to equity (D/E) ratio of 0.69, which is OK given its current industry classification. DTF Tax Free has a current ratio of 17.63, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist DTF Tax until it has trouble settling it off, either with new capital or with free cash flow. So, DTF Tax's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like DTF Tax Free sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DTF to invest in growth at high rates of return. When we think about DTF Tax's use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

52.43 Million
DTF Tax Free (DTF) is traded on New York Stock Exchange in USA. It is located in 10 South Wacker Drive, Chicago, IL, United States, 60606 and employs 25 people. DTF Tax is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 75.5 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate DTF Tax's market, we take the total number of its shares issued and multiply it by DTF Tax's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. DTF Tax Free runs under Capital Markets sector within Financials industry. The entity has 7.03 M outstanding shares of which 1.53 K shares are currently shorted by investors with about 0.08 days to cover. DTF Tax Free has about 111.62 K in cash with 43.42 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check DTF Tax Probability Of Bankruptcy
Ownership Allocation
DTF Tax Free retains a total of 7.03 Million outstanding shares. 30% of DTF Tax Free outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Thus, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check DTF Ownership Details

DTF Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of DTF Tax jumping above the current price in 90 days from now is about 38.97%. The DTF Tax Free probability density function shows the probability of DTF Tax stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon DTF Tax Free has a beta of -0.0668 suggesting as returns on the benchmark increase, returns on holding DTF Tax are expected to decrease at a much lower rate. During a bear market, however, DTF Tax Free is likely to outperform the market. Additionally, dTF Tax Free has an alpha of 0.0089, implying that it can generate a 0.008871 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 10.75HorizonTargetOdds Above 10.75
59.57%90 days
 10.75 
38.97%
Based on a normal probability distribution, the odds of DTF Tax to move above the current price in 90 days from now is about 38.97 (This DTF Tax Free probability density function shows the probability of DTF Stock to fall within a particular range of prices over 90 days) .

DTF Tax Historical Income Statement

DTF Tax Free Income Statement is one of the three primary financial statements used for reporting DTF's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of DTF Tax Free revenue and expense. DTF Tax Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, DTF Tax's Gross Profit is most likely to decrease significantly in the upcoming years. The DTF Tax's current Operating Income is estimated to increase to about 3.1 M, while Net Income From Continuing Ops is projected to decrease to roughly 1.8 M. View More Fundamentals

DTF Stock Against Markets

Picking the right benchmark for DTF Tax stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in DTF Tax stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for DTF Tax is critical whether you are bullish or bearish towards DTF Tax Free at a given time. Please also check how DTF Tax's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in DTF Tax without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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DTF Tax Corporate Directors

DTF Tax corporate directors refer to members of a DTF Tax board of directors. The board of directors generally takes responsibility for the DTF Tax's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of DTF Tax's board members must vote for the resolution. The DTF Tax board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Christian PoindexterIndependent DirectorProfile
Geraldine McNamaraIndependent DirectorProfile
Donald BurkeIndependent DirectorProfile
Philip McLoughlinIndependent DirectorProfile

How to buy DTF Stock?

Before investing in DTF Tax, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in DTF Tax. To buy DTF Tax stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of DTF Tax. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase DTF Tax stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located DTF Tax Free stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased DTF Tax Free stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as DTF Tax Free, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy DTF Stock please use our How to Invest in DTF Tax guide.

Already Invested in DTF Tax Free?

The danger of trading DTF Tax Free is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of DTF Tax is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than DTF Tax. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile DTF Tax Free is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether DTF Tax Free is a strong investment it is important to analyze DTF Tax's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DTF Tax's future performance. For an informed investment choice regarding DTF Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DTF Tax Free. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for DTF Stock analysis

When running DTF Tax's price analysis, check to measure DTF Tax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DTF Tax is operating at the current time. Most of DTF Tax's value examination focuses on studying past and present price action to predict the probability of DTF Tax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DTF Tax's price. Additionally, you may evaluate how the addition of DTF Tax to your portfolios can decrease your overall portfolio volatility.
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Is DTF Tax's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DTF Tax. If investors know DTF will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DTF Tax listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.536
Dividend Share
0.39
Earnings Share
0.44
Revenue Per Share
0.559
Quarterly Revenue Growth
(0.37)
The market value of DTF Tax Free is measured differently than its book value, which is the value of DTF that is recorded on the company's balance sheet. Investors also form their own opinion of DTF Tax's value that differs from its market value or its book value, called intrinsic value, which is DTF Tax's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DTF Tax's market value can be influenced by many factors that don't directly affect DTF Tax's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DTF Tax's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTF Tax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTF Tax's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.