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Blackrock Municipal 2030 Target Term Trust (BTT) Fair Value & Analysis

Financial Services · US · Market cap $1.4B

BM Blackrock Municipal 2030 Target Term Trust logo Blackrock Municipal 2030 Target Term Trust BTT · US
Price$22.62
Fair Value$14.55
Upside-35.7%
Quality69/100
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Evidence: High Range $10.91 – $18.19

Fair value as of: Jun 26, 2026

From 21 valuation models · updated 7 days ago

Share price +0.3% over the past month.

Price vs Fair Value (12 months)

$22.77 $21.12 Fair Value $14.55 Jul 2025 Jul 2026

12‑month range $21.12 – $22.77 · fair‑value band $10.91 – $18.19 · the $22.62 price screens above the $14.55 fair value. As of Jun 26, 2026.

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Analysis

Blackrock Municipal 2030 Target Term Trust (BTT) currently trades at $22.62, while our model-based Fair Value estimate is $14.55 — implying the stock looks roughly 35.7% overvalued today. We read business quality at 69/100 (solid quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Trailing-twelve-month revenue stands at $82.7M. Revenue grew 0.6% year over year. It earns a return on equity of 5.3%. Net debt stands at $833M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) $82.7M
Revenue growth (YoY) +0.6%
Net margin 101%
Return on equity 5.3%
Free cash flow $60.5M FY2025
P/E ratio 16.4
More key figures
Operating margin 80.1%
EPS (TTM) $1.38
Dividend yield 2.5%
EPS growth (YoY) +123%
Net debt $833M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Blackrock Municipal 2030 Target Term Trust is a closed end fixed income mutual fund launched by BlackRock, Inc. The fund is managed by by BlackRock Advisors, LLC. It invests in fixed income markets. The fund invests primarily in investment grade municipal bonds that are exempt from regular federal income tax. It was formerly known as BlackRock Municipal Target Term Trust. Blackrock Municipal 2030 Target Term Trust was formed on August 30, 2012 and is domiciled in the United States.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Blackrock Municipal 2030 Target Term Trust reported revenue of $82.5M in FY2025 versus $125M in FY2021, a compound −9.8%/yr. Reported net income was $54.5M in FY2025, compounding −18.6%/yr from FY2021.

Revenue −9.8%/yr
FY21 $125M
FY22 −$162M
FY23 −$607K
FY24 $84.2M
FY25 $82.5M
Net income −18.6%/yr
FY21 $124M
FY22 −$162M
FY23 −$1.2M
FY24 $46.7M
FY25 $54.5M

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Frequently asked questions

Is Blackrock Municipal 2030 Target Term Trust (BTT) undervalued?
As of Jun 26, 2026, our model estimates a fair value of $14.55 versus a price of $22.62 — about −36% (overvalued). Model-based estimate, not financial advice.
What is the fair value of BTT?
Our model-based fair value for Blackrock Municipal 2030 Target Term Trust is $14.55 (as of Jun 26, 2026), built from audited fundamentals. The current price is $22.62.
What is the quality score of BTT?
Blackrock Municipal 2030 Target Term Trust has a Quality Score of 69/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Blackrock Municipal 2030 Target Term Trust (BTT)?
Blackrock Municipal 2030 Target Term Trust reported trailing-twelve-month revenue of about $82.7M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of BTT?
The net profit margin of Blackrock Municipal 2030 Target Term Trust is about 100.6%, meaning it keeps roughly 100.6% of revenue as net income. Based on the latest reported figures.
Does Blackrock Municipal 2030 Target Term Trust pay a dividend?
Blackrock Municipal 2030 Target Term Trust currently shows a dividend yield of about 2.46% relative to its recent price (as of Jun 26, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.