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LEOBNY Mellon Strategic Municipals, Inc.
$6.10$380M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
LEO logo

BNY Mellon Strategic Municipals, Inc.

LEO
NYSE · Closed-End Funds
$6.10
At close - Nov 6, 4:00 PM EST - USD
Market Cap$380M
P/E-29.0x
52W High$6.55
Volume234.32K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Leveraged Municipal Fund Faces Persistent Structural Erosion

BNY Mellon Strategic Municipals, Inc. faces a challenging outlook characterized by persistent asset base contraction and significant earnings volatility driven by interest rate sensitivity.

GrowthContracting
ProfitabilityNegative
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

LEO price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

0/12 Beats

EPS beat 0 of last 12 quarters

02

Valuation risk

-256% Peers

P/E is 256% below peer median

03

Market leadership

RS 58 · Avg

Average momentum (RS Rating: 58)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Dec 30

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
LEO-0.05%
S&P 500 (^GSPC)+7.63%
1-Year Return
LEO+2.93%
S&P 500 (^GSPC)+9.69%
3-Year Return
LEO+29.19%
S&P 500 (^GSPC)+71.25%
5-Year Return
LEO-11.29%
S&P 500 (^GSPC)+58.87%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-29.0x
Forward P/E
15.3x
EV/EBITDA
N/A
FCF YieldCash Flow
3.3%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-29.0x
11.4x
0th· Low
EV/EBITDA
N/A
15.1x
N/A
Price/FCF
30.0x
10.3x
60th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
-$13M-120.3% YoY
Net income FY25
-$13M-117.8% YoY
Free cash flow FY25
$13M-1.3% YoY
Operating margin FY25
99.4%-13.8 pts YoY
ROIC (FY25)-1.7%
Avg ROIC 5Y0.6%
ROE (FY25)-3%
Piotroski Score4 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2025Latest
Sep 30, 2025
$0.12
vs —
$12M
vs —
Q3 2025
Jun 12, 2025
-$0.33
vs —
$14M
vs —
Q4 2024
Nov 21, 2024
$0.37
vs —
$14M
vs —
Q3 2024
Jun 12, 2024
$0.81
vs —
$14M
vs —
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Defense World·Oct 27, 2026
BNY Mellon Strategic Municipals (NYSE:LEO) Major Shareholder Saba Capital Management, L.P. Acquires 65,000 Shares of Company Stock

BNY Mellon Strategic Municipals, Inc. (NYSE: LEO - Get Free Report) major shareholder Saba Capital Management, L.P. bought 65,000 shares of the company's stock in a transaction on Friday, October 23rd. The stock was purchased at an average price of $5.68 per share, with a total value of $369,200.00. Following the completion of the transaction, the

PRNewsWire·Oct 20, 2026
Aviat Extends Mission-Critical Connectivity with LEO Satellite Integration

New Aviat software capability helps public safety, utility, enterprise and service provider networks by increasing coverage for vehicle fleets, and improving uptime and lowering costs for fixed communications sites AUSTIN, Texas, Oct. 20, 2026 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the expert in wireless transport and access solutions, today announced a new LEO satellite integration capability that helps customers keep critical sites, vehicles, and services connected when terrestrial wireless networks are unavailable, degraded, or difficult to restore. Critical services increasingly depend on always-on network connectivity, but mobile assets and fixed communications sites can become unreachable when out of cellular coverage, during equipment failures or severe weather events.

GuruFocus·Oct 15, 2026
Momentus Secures Commercial Contract with ARCSPACE to Advance In-Space Manufacturing

Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company specializing in satellite technology, space transportation,

24/7 Wall Street·Oct 6, 2026
AST SpaceMobile Is Soaring After State Dept. Endorses LEO Satellite Cooperation with Japan

AST SpaceMobile (NASDAQ:ASTS) gained 8.38% to $63.34 in Tuesday trading. The jump came after Washington publicly backed the company's satellite partnership with Japan's Rakuten.

Filtered for BNY Mellon Strategic Municipals, Inc.More Headlines
04

Compare before deciding

Benchmark LEO against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for BNY Mellon Strategic Municipals, Inc. (LEO)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
LEO logoLEOBNY Mellon Strategic Municipals, Inc.Current
$6.10$379.97M-29.05-120.3%99.42%-2.99%3.93%
MS logoMSMorgan Stanley
$181.44$286.18B13.8414.48%25.97%17.7%2.28%
GS logoGSThe Goldman Sachs Group, Inc.
$865.82$260.7B11.768.92%31.81%17.9%1.92%
ICE logoICEIntercontinental Exchange, Inc.
$172.27$97.15B23.379.27%33.78%14.05%1.12%
MSCI logoMSCIMSCI Inc.
$641.01$46.6B33.499.51%43.87%—1.12%

Compare LEO vs Peers

BNY Mellon Strategic Municipals, Inc. (LEO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MS

Most directly comparable listed peer for LEO.

Scale Benchmark

vs GS

Larger-name benchmark to compare LEO against a more recognizable public peer.

Peer Set

Compare Top 5

vs MS, GS, ICE, MSCI

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LEO Frequently Asked Questions

BNY Mellon Strategic Municipals, Inc. (LEO) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is BNY Mellon Strategic Municipals, Inc. growing?

BNY Mellon Strategic Municipals, Inc. (LEO) revenue fell by 120.3% in fiscal year 2025, compared with the prior fiscal year.

Is LEO profitable?

No. BNY Mellon Strategic Municipals, Inc. (LEO) reported a net loss of $13.1M in fiscal year 2025.

Dividend & Returns
Does LEO pay dividends?

Yes. BNY Mellon Strategic Municipals, Inc. (LEO) pays a dividend that yields 3.93% at the current price, a moderate yield.

What is LEO's return on equity?

BNY Mellon Strategic Municipals, Inc. (LEO) had a return on equity (ROE) of -3.0% in fiscal year 2025. A negative ROE means the company lost money over the period.

Industry Metrics
What is BNY Mellon Strategic Municipals, Inc.'s net interest margin?

BNY Mellon Strategic Municipals, Inc. (LEO) has a net interest margin (NIM) of 3.4%. This indicates healthy earnings from lending activities.

What if you invested $1,000 in LEO back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →