OPP
Price:
$8
Market Cap:
$245.03M
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by DoubleLine Capital LP. It invests in fixed income markets. The fund seeks to benchmark the performance of its portfolio against the Barclays Capital U.S. Aggregate Bond Index. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. was formed on December 30, 2010 and is domiciled in the United States.
Industry
Asset Management
IPO Date
2016-09-28
Stock Exchange
NYSE
Ticker
OPP
According to RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 8.25. This represents a change of 107.12% compared to the average of 3.98 of the last 4 quarters.
The mean historical PE Ratio of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. over the last ten years is 11.45. The current 8.25 PE Ratio has changed 7.10% with respect to the historical average. Over the past ten years (40 quarters), OPP's PE Ratio was at its highest in in the December 2021 quarter at 11.64. The PE Ratio was at its lowest in in the December 2022 quarter at -6.99.
Average
11.45
Median
8.79
Minimum
-16.56
Maximum
43.00
Discovering the peaks and valleys of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 217.19%
Maximum Annual PE Ratio = 43.00
Minimum Annual Increase = -635.51%
Minimum Annual PE Ratio = -16.56
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | 8.79 | 25.41% |
| 2024 | 7.01 | -79.42% |
| 2023 | 34.04 | -635.51% |
| 2022 | -6.36 | -198.39% |
| 2021 | 6.46 | -139.02% |
| 2020 | -16.56 | -226.22% |
| 2019 | 13.12 | -69.49% |
| 2018 | 43.00 | 217.19% |
The current PE Ratio of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
16.61
5-year avg
9.99
10-year avg
11.45
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.’s PE Ratio is greater than RiverNorth Opportunities Fund, Inc. (7.13), less than Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund (8.44), greater than Special Opportunities Fund, Inc. (5.73), less than Cohen & Steers Select Preferred and Income Fund, Inc. (9.97), greater than Cohen & Steers Real Estate Opportunities Income Fund (0), less than TCW Strategic Income Fund, Inc. (10.46), less than Templeton Emerging Markets Fund (8.56), greater than Nuveen Core Equity Alpha Fund (7.23), greater than Dunham Monthly Distribution Fund (0), less than DoubleLine Opportunistic Credit Fund (10.61),
| Company | PE Ratio | Market cap |
|---|---|---|
| 7.13 | $256.04M | |
| 8.44 | $253.66M | |
| 5.73 | $162.75M | |
| 9.97 | $245.13M | |
| 0 | $251.50M | |
| 10.46 | $234.63M | |
| 8.56 | $256.36M | |
| 7.23 | $270.85M | |
| 0 | $243.68M | |
| 10.61 | $281.29M |
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