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MFS HIGH INCOME MUNICIPAL TR (CXE) Stock Price, Forecast & Analysis

USA - NYSE:CXE - US59318D1046

3.77 USD
+0.02 (+0.53%)
Last: 11/17/2025, 12:04:45 PM
Fundamental Rating

1

Taking everything into account, CXE scores 1 out of 10 in our fundamental rating. CXE was compared to 0 industry peers in the Unkown industry. CXE has a bad profitability rating. Also its financial health evaluation is rather negative. CXE does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

CXE had positive earnings in the past year.
In the past year CXE had a positive cash flow from operations.
CXE had positive earnings in 4 of the past 5 years.
Each year in the past 5 years CXE had a positive operating cash flow.
CXE Yearly Net Income VS EBIT VS OCF VS FCFCXE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M -20M -30M

1.2 Ratios

The 3 year average ROIC (1.98%) for CXE is below the current ROIC(2.16%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 0.88%
ROE 1.47%
ROIC 2.16%
ROA(3y)-2.46%
ROA(5y)-0.5%
ROE(3y)-4.33%
ROE(5y)-1.01%
ROIC(3y)1.98%
ROIC(5y)2.07%
CXE Yearly ROA, ROE, ROICCXE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 -20

1.3 Margins

CXE's Profit Margin has improved in the last couple of years.
In the last couple of years the Operating Margin of CXE has declined.
CXE's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 52.05%
PM (TTM) 18%
GM 50.39%
OM growth 3Y-10.6%
OM growth 5Y-4.76%
PM growth 3Y9.73%
PM growth 5Y5.18%
GM growth 3Y-12.37%
GM growth 5Y-5.98%
CXE Yearly Profit, Operating, Gross MarginsCXE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 -100 -200 -300

1

2. Health

2.1 Basic Checks

CXE has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CXE has been increased compared to 5 years ago.
The debt/assets ratio for CXE has been reduced compared to a year ago.
CXE Yearly Shares OutstandingCXE Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
CXE Yearly Total Debt VS Total AssetsCXE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

2.2 Solvency

CXE has an Altman-Z score of 0.72. This is a bad value and indicates that CXE is not financially healthy and even has some risk of bankruptcy.
CXE has a debt to FCF ratio of 11.64. This is a negative value and a sign of low solvency as CXE would need 11.64 years to pay back of all of its debts.
CXE has a Debt/Equity ratio of 0.55. This is a neutral value indicating CXE is somewhat dependend on debt financing.
Industry RankSector Rank
Debt/Equity 0.55
Debt/FCF 11.64
Altman-Z 0.72
ROIC/WACCN/A
WACCN/A
CXE Yearly LT Debt VS Equity VS FCFCXE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

2.3 Liquidity

A Current Ratio of 0.04 indicates that CXE may have some problems paying its short term obligations.
A Quick Ratio of 0.04 indicates that CXE may have some problems paying its short term obligations.
Industry RankSector Rank
Current Ratio 0.04
Quick Ratio 0.04
CXE Yearly Current Assets VS Current LiabilitesCXE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M

0

3. Growth

3.1 Past

The earnings per share for CXE have decreased strongly by -68.42% in the last year.
The Earnings Per Share has been decreasing by -0.40% on average over the past years.
The Revenue has been growing slightly by 1.36% in the past year.
CXE shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -5.11% yearly.
EPS 1Y (TTM)-68.42%
EPS 3Y7.74%
EPS 5Y-0.4%
EPS Q2Q%-270.59%
Revenue 1Y (TTM)1.36%
Revenue growth 3Y-1.33%
Revenue growth 5Y-5.11%
Sales Q2Q%1.39%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
CXE Yearly Revenue VS EstimatesCXE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M

0

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 62.83, CXE can be considered very expensive at the moment.
Compared to an average S&P500 Price/Earnings ratio of 25.89, CXE is valued quite expensively.
Industry RankSector Rank
PE 62.83
Fwd PE N/A
CXE Price Earnings VS Forward Price EarningsCXE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

Industry RankSector Rank
P/FCF 20.05
EV/EBITDA N/A
CXE Per share dataCXE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

4

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 5.04%, CXE is a good candidate for dividend investing.
CXE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
Industry RankSector Rank
Dividend Yield 5.04%

5.2 History

The dividend of CXE decreases each year by -6.93%.
CXE has been paying a dividend for at least 10 years, so it has a reliable track record.
CXE has decreased its dividend recently.
Dividend Growth(5Y)-6.93%
Div Incr Years1
Div Non Decr Years1
CXE Yearly Dividends per shareCXE Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.1 0.2 0.3

5.3 Sustainability

CXE pays out 329.35% of its income as dividend. This is not a sustainable payout ratio.
CXE's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP329.35%
EPS Next 2YN/A
EPS Next 3YN/A
CXE Yearly Income VS Free CF VS DividendCXE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M -20M -30M
CXE Dividend Payout.CXE Dividend Payout, showing the Payout Ratio.CXE Dividend Payout.PayoutRetained Earnings

MFS HIGH INCOME MUNICIPAL TR

NYSE:CXE (11/17/2025, 12:04:45 PM)

3.77

+0.02 (+0.53%)

Chartmill FA Rating
GICS SectorN/A
GICS IndustryGroupN/A
GICS IndustryN/A
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners41.96%
Inst Owner Change-4.43%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap118.87M
Revenue(TTM)10.22M
Net Income(TTM)1.84M
Analysts0
Price TargetN/A
Short Float %0.09%
Short Ratio0.38
Dividend
Industry RankSector Rank
Dividend Yield 5.04%
Yearly Dividend0.18
Dividend Growth(5Y)-6.93%
DP329.35%
Div Incr Years1
Div Non Decr Years1
Ex-Date11-18 2025-11-18 (0.018)
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 62.83
Fwd PE N/A
P/S 11.63
P/FCF 20.05
P/OCF 20.05
P/B 0.95
P/tB 0.95
EV/EBITDA N/A
EPS(TTM)0.06
EY1.59%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.19
FCFY4.99%
OCF(TTM)0.19
OCFY4.99%
SpS0.32
BVpS3.96
TBVpS3.96
PEG (NY)N/A
PEG (5Y)N/A
Graham Number2.31
Profitability
Industry RankSector Rank
ROA 0.88%
ROE 1.47%
ROCE 2.73%
ROIC 2.16%
ROICexc 2.16%
ROICexgc 2.16%
OM 52.05%
PM (TTM) 18%
GM 50.39%
FCFM 58.02%
ROA(3y)-2.46%
ROA(5y)-0.5%
ROE(3y)-4.33%
ROE(5y)-1.01%
ROIC(3y)1.98%
ROIC(5y)2.07%
ROICexc(3y)1.98%
ROICexc(5y)2.07%
ROICexgc(3y)1.98%
ROICexgc(5y)2.07%
ROCE(3y)2.5%
ROCE(5y)2.62%
ROICexgc growth 3Y-3.76%
ROICexgc growth 5Y-4.63%
ROICexc growth 3Y-3.76%
ROICexc growth 5Y-4.63%
OM growth 3Y-10.6%
OM growth 5Y-4.76%
PM growth 3Y9.73%
PM growth 5Y5.18%
GM growth 3Y-12.37%
GM growth 5Y-5.98%
F-Score6
Asset Turnover0.05
Health
Industry RankSector Rank
Debt/Equity 0.55
Debt/FCF 11.64
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 250
Cash Conversion N/A
Profit Quality 322.28%
Current Ratio 0.04
Quick Ratio 0.04
Altman-Z 0.72
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-68.42%
EPS 3Y7.74%
EPS 5Y-0.4%
EPS Q2Q%-270.59%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.36%
Revenue growth 3Y-1.33%
Revenue growth 5Y-5.11%
Sales Q2Q%1.39%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y13.43%
EBIT growth 3Y-11.78%
EBIT growth 5Y-9.63%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-63.41%
FCF growth 3Y-10.79%
FCF growth 5Y-6.58%
OCF growth 1Y-63.41%
OCF growth 3Y-10.79%
OCF growth 5Y-6.58%

MFS HIGH INCOME MUNICIPAL TR / CXE FAQ

Can you describe the business of MFS HIGH INCOME MUNICIPAL TR?

MFS High Income Municipal Trust is a US-based company operating in industry. The company is headquartered in Boston, Massachusetts. MFS High Income Municipal Trust (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek high current income exempt from federal income tax, but may also consider capital appreciation. The Fund invests, under normal market conditions, at least 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in tax-exempt bonds and tax-exempt notes. The Fund's investment adviser may invest 25% or more of the fund’s total assets in municipal instruments that finance similar projects, such as those relating to education, healthcare, housing, utilities, water, or sewers. The Fund's investment adviser may also invest in taxable instruments, including derivatives. The Fund invests in various jurisdiction, including Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, and Florida. The Fund’s investment adviser is Massachusetts Financial Services Company.


Can you provide the latest stock price for MFS HIGH INCOME MUNICIPAL TR?

The current stock price of CXE is 3.77 USD. The price increased by 0.53% in the last trading session.


What is the ChartMill rating of MFS HIGH INCOME MUNICIPAL TR stock?

CXE has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 1 out of 10.