Putnam Municipal Opportunities Stock Today

PMO Stock  USD 10.30  0.06  0.59%   

Performance

3 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 5

 
100  
 
Zero
Very Low
Putnam Municipal is selling at 10.30 as of the 28th of March 2024; that is 0.59 percent increase since the beginning of the trading day. The stock's open price was 10.24. Putnam Municipal has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Putnam Municipal Opportunities are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
27th of October 1994
Classification
Financials
Putnam Municipal Opportunities Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. Putnam Municipal Opportunities Trust was formed in 1993 and is domiciled in United States. Putnam Muni operates under Asset Management classification in the United States and is traded on New York Stock Exchange.. The company has 32.62 M outstanding shares of which 22.02 K shares are at this time shorted by investors with about 0.27 days to cover. More on Putnam Municipal Opportunities

Moving against Putnam Stock

  0.75MCBK Madison County FinancialPairCorr

Putnam 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. Putnam Municipal's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Putnam Municipal or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEORobert Reynolds
Old NamePremier Oil plc
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Financial Strength
Based on the analysis of Putnam Municipal's profitability, liquidity, and operating efficiency, Putnam Municipal Opportunities may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Putnam Municipal Opp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities13.8 M13 M
Notably Up
Slightly volatile
Non Current Liabilities Total23.4 M24.6 M
Notably Down
Pretty Stable
Total Assets546.5 M494.5 M
Significantly Up
Slightly volatile
Total Current Assets11.9 M6.7 M
Way Up
Very volatile
Total Cash From Operating Activities43 M72.1 M
Way Down
Slightly volatile
Putnam Municipal's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Putnam Municipal'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 Putnam Municipal's financial leverage. It provides some insight into what part of Putnam Municipal's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Putnam Municipal'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 Putnam Municipal deploys its capital and how much of that capital is borrowed.
Liquidity
Putnam Municipal 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 21.41 M in debt with debt to equity (D/E) ratio of 0.11, which may show that the company is not taking advantage of profits from borrowing. Putnam Municipal Opp has a current ratio of 0.44, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Putnam Municipal until it has trouble settling it off, either with new capital or with free cash flow. So, Putnam Municipal'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 Putnam Municipal Opp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Putnam to invest in growth at high rates of return. When we think about Putnam Municipal's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

89.95 Million
Putnam Municipal Opportunities (PMO) is traded on New York Stock Exchange in USA. It is located in 100 Federal Street, Boston, MA, United States, 02110 and employs 34 people. Putnam Municipal is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 336.34 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Putnam Municipal's market, we take the total number of its shares issued and multiply it by Putnam Municipal'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. Putnam Municipal Opp runs under Capital Markets sector within Financials industry. The entity has 32.62 M outstanding shares of which 22.02 K shares are at this time shorted by investors with about 0.27 days to cover. Putnam Municipal Opportunities has about 608.61 K in cash with 62.7 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Putnam Municipal Probability Of Bankruptcy
Ownership Allocation
Putnam Municipal owns a total of 32.62 Million outstanding shares. Roughly 77.0 pct. of Putnam Municipal outstanding shares are held by general public with 0.01 % owned by insiders and only 23.21 (%) by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Putnam Ownership Details

Putnam Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Putnam Municipal jumping above the current price in 90 days from now is about 20.66%. The Putnam Municipal Opportunities probability density function shows the probability of Putnam Municipal stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Putnam Municipal Opportunities has a beta of -0.0931 indicating as returns on benchmark increase, returns on holding Putnam Municipal are expected to decrease at a much lower rate. During the bear market, however, Putnam Municipal Opportunities is likely to outperform the market. Additionally, putnam Municipal Opportunities has an alpha of 0.0017, implying that it can generate a 0.001738 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 10.3HorizonTargetOdds Above 10.3
78.65%90 days
 10.30 
20.66%
Based on a normal probability distribution, the odds of Putnam Municipal to move above the current price in 90 days from now is about 20.66 (This Putnam Municipal Opportunities probability density function shows the probability of Putnam Stock to fall within a particular range of prices over 90 days) .

Putnam Municipal Historical Income Statement

Putnam Municipal Opportunities Income Statement is one of the three primary financial statements used for reporting Putnam's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Putnam Municipal Opp revenue and expense. Putnam Municipal Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Putnam Municipal's Net Income is very stable compared to the past year. As of the 28th of March 2024, Other Operating Expenses is likely to grow to about 21.1 M, while Interest Expense is likely to drop about 1.2 M. View More Fundamentals

Putnam Stock Against Markets

Picking the right benchmark for Putnam Municipal 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 Putnam Municipal 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 Putnam Municipal is critical whether you are bullish or bearish towards Putnam Municipal Opportunities at a given time. Please also check how Putnam Municipal'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 Putnam Municipal 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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How to buy Putnam Stock?

Before investing in Putnam Municipal, 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 Putnam Municipal. To buy Putnam Municipal stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Putnam Municipal. 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 Putnam Municipal stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Putnam Municipal Opportunities 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 Putnam Municipal Opportunities 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 Putnam Municipal Opportunities, 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 Putnam Stock please use our How to Invest in Putnam Municipal guide.

Already Invested in Putnam Municipal Opportunities?

The danger of trading Putnam Municipal Opportunities 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 Putnam Municipal 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 Putnam Municipal. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Putnam Municipal Opp 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 Putnam Municipal Opp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Putnam Municipal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Putnam Municipal Opportunities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Putnam Municipal Opportunities Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam Municipal Opportunities. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Putnam Municipal's price analysis, check to measure Putnam Municipal'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 Putnam Municipal is operating at the current time. Most of Putnam Municipal's value examination focuses on studying past and present price action to predict the probability of Putnam Municipal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Putnam Municipal's price. Additionally, you may evaluate how the addition of Putnam Municipal to your portfolios can decrease your overall portfolio volatility.
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Is Putnam Municipal'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 Putnam Municipal. If investors know Putnam 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 Putnam Municipal 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
(0.95)
Dividend Share
0.619
Earnings Share
0.42
Revenue Per Share
0.632
Quarterly Revenue Growth
0.105
The market value of Putnam Municipal Opp is measured differently than its book value, which is the value of Putnam that is recorded on the company's balance sheet. Investors also form their own opinion of Putnam Municipal's value that differs from its market value or its book value, called intrinsic value, which is Putnam Municipal'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 Putnam Municipal's market value can be influenced by many factors that don't directly affect Putnam Municipal'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 Putnam Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Municipal'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.