Dtf Tax Free Stock Today

DTF Stock  USD 10.86  0.14  1.27%   

Performance

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Odds Of Distress

Less than 4

 
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DTF Tax is trading at 10.86 as of the 23rd of December 2024. This is a 1.27 percent decrease since the beginning of the trading day. The stock's lowest day price was 10.86. DTF Tax has only four percent chance of going through some form of financial distress over the next 2 years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 3rd of January 2023 and ending today, the 23rd of December 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 29.71 K shares are currently shorted by investors with about 2.44 days to cover. More on DTF Tax Free

Moving against DTF Stock

  0.32XP Xp IncPairCorr

DTF Stock Highlights

CEONathan Partain
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.660.95
Way Down
Slightly volatile
Total Current Liabilities100.8 K106.1 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
Debt Levels
DTF Tax can leverage 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.
Liquidity
DTF Tax Free has 71.88 K 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. Note however, debt could still be an excellent tool for DTF to invest in growth at high rates of return.

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 19 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 77.33 M. DTF Tax Free runs under Capital Markets sector within Financials industry. The entity has 7.03 M outstanding shares of which 29.71 K shares are currently shorted by investors with about 2.44 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
The market capitalization of DTF Tax Free is $77.33 Million. 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. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check DTF Ownership Details

DTF Tax Historical Income Statement

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

DTF Tax Corporate Directors

Philip McLoughlinIndependent DirectorProfile
Robert GenetskiIndependent DirectorProfile
Geraldine McNamaraIndependent DirectorProfile
Donald BurkeIndependent DirectorProfile
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 closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Asset Management & Custody Banks space 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
(0.50)
Earnings Share
0.04
Revenue Per Share
0.453
Quarterly Revenue Growth
(0.33)
Return On Assets
0.0129
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.