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NYSE · Asset Management · USD

RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) Stock Analysis

RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) is a Asset Management stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

RMI

$13.67

−$0.08 (−0.58%)

Oct 21, 2026 · Market close

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Price History

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RMI Key Statistics

As of Oct 21, 2026
Trading
Open
$13.69
Previous Close
$13.75
Day's Range
13.67–13.71
52-Week Range
13.11–16.36
Volume
18.26K
Valuation
Market Cap
$87.15M
P/E Ratio
7.55
EPS (ttm)Profit attributable to each share over the last twelve months.
1.81
Financials (FY)
Revenue (FY)
−$2.81M−132.15%
Net Income (FY)
−$3.99M−150.40%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
6.37M
1-Year Return
−0.88%
Dividend and dates
Dividend
$1.07+7.76%
Ex-Dividend Date
November 16, 2026
Avg Volume
21.62K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, RMI closed at $13.67, −0.88% over 1 year.

RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) has a market capitalization of $87.15M.

In fiscal 2025, RMI reported revenue of −$2.81M.

RMI Stock Return by Calendar Year

RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) return since Oct 2018: what $10,000 became

1 year
$10,000 $9,912
−0.88%
5 years
$10,000 $9,089
−9.11%
Since Oct 2018
$10,000 $11,873
+18.73%

If you had invested $10,000 in RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) at the close on October 26, 2018, the earliest close on record here, it would have been worth $11,873 at the close on October 21, 2026: +18.73% in total, +2.17% a year, with dividends reinvested, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−0.52%
2025+2.71%
2024+6.34%
2023+0.16%
2022−21.34%
2021+14.88%
2020+0.64%
2019+19.29%
2018 (partial year)+0.55%

As of October 21, 2026.

RMI Revenue and Earnings by Fiscal Year

FY ends June
Fiscal yearRevenueNet incomeNet margin
2025−$2.81M−$3.99M142.1%
2024$8.74M$7.92M90.6%
2023$4.50M$3.80M84.4%
2022−$26.28M−$26.96M102.6%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025−$2.81M——−$3.99M142.1%
2024$8.74M——$7.92M90.6%
2023$4.50M——$3.80M84.4%
2022−$26.28M——−$26.96M102.6%

Annual figures as reported, in the company's reporting currency. As of June 30, 2025.

RMI Dividend History

$1.14−2.1% vs 2024

Dividends per share, 2025 · 12 payments

YearDividends per sharePaymentsChange
2026*$0.809—
2025$1.1412−2.1%
2024$1.1612+0.0%
2023$1.1612−6.7%
YearDividends per sharePaymentsChange
2026 (partial year)$0.809—
2025$1.1412−2.1%
2024$1.1612+0.0%
2023$1.1612−6.7%
2022$1.2512−45.5%
2021$2.2913+76.2%
2020$1.3012+17.7%
2019$1.1012+1,100.0%
2018$0.091—

Most recent payment: $0.09 per share, ex-dividend September 15, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

RMI Valuation vs Asset Management Median

Median of 512 stocks
MetricRMIAsset Management medianvs median
P/E7.559.4420% below

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) carries a market capitalisation of $87.15M. It is classified in the Asset Management industry, within the Financial Services sector.

The 52-week range on file runs from $13.11 to $16.36. RMI last closed at $13.67 on October 21, 2026. That is −$0.08 (−0.58%) against the previous close. The latest close sits 4.27% above that 52-week low.

Financial Health

In fiscal 2025, RiverNorth Opportunistic Municipal Income Fund, Inc. reported revenue of −$2.81M. Against the prior fiscal year total of $8.74M, that is a change of −132.15%. The same year closed with a net loss of $3.99M. Earnings per share on a trailing basis come to 1.81.

Across the 4 fiscal years on file, revenue moves from −$26.28M in 2022 to −$2.81M in 2025. Of those 4 years, 2 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 7.55 times earnings. That is 20.02% below the Asset Management median of 9.44. The medians here are taken across 512 Asset Management companies that report the metric.

Annualized volatility over the trailing 8 years is 16.29%. The trailing one-year total return is −0.88%. Measured over 5 years, that is −1.89% a year compounded.

Growth & Income

The trailing dividend yield is 7.76%. That is 1.2 percentage points below the Asset Management median yield of 8.91%. The indicated annual rate is $1.07 a share. The ex-dividend date on file is November 16, 2026. Dividends are recorded for 9 calendar years; 2026 shows 9 payments totalling $0.80 a share. The year before, 2025, totalled $1.14 a share.

The strongest complete calendar year on file is 2019 at +19.29%; the weakest is 2022 at −21.34%. Of the 7 complete calendar years on file, 6 finished higher. So far in 2026 the total return is −0.52%.

Peer Comparison

RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
RiverNorth Opportunistic Municipal Income Fund, Inc. RMI $87.15M 7.6
BlackRock, Inc. BLK $184.31B 25.8
Blackstone Inc. BX $127.43B 23.9
Brookfield Corporation BN $83.74B 69.5

The Asset Management industry average P/E ratio is 9.4x. RiverNorth Opportunistic Municipal Income Fund, Inc. trades at a P/E of 7.6.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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