Nuveen Churchill Direct Lending (NCDL) Scheduled to Post Quarterly Earnings on Thursday

Nuveen Churchill Direct Lending (NYSE:NCDL - Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.57 per share for the quarter.

Nuveen Churchill Direct Lending (NYSE:NCDL - Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.57 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.57. The company had revenue of $55.09 million during the quarter, compared to analyst estimates of $54.30 million. Nuveen Churchill Direct Lending had a return on equity of 12.70% and a net margin of 50.23%. On average, analysts expect Nuveen Churchill Direct Lending to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Nuveen Churchill Direct Lending Stock Down 1.4 %

NYSE:NCDL traded down $0.24 during trading hours on Thursday, hitting $16.79. 109,822 shares of the company's stock traded hands, compared to its average volume of 64,009. Nuveen Churchill Direct Lending has a 52 week low of $16.00 and a 52 week high of $18.10. The business's fifty day simple moving average is $17.47 and its two-hundred day simple moving average is $17.49. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.21 and a quick ratio of 1.21.

Analysts Set New Price Targets

Separately, Wells Fargo & Company dropped their price objective on Nuveen Churchill Direct Lending from $18.00 to $17.00 and set an "equal weight" rating for the company in a research note on Monday, August 12th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, Nuveen Churchill Direct Lending has a consensus rating of "Moderate Buy" and a consensus target price of $18.33.

Nuveen Churchill Direct Lending Company Profile

Nuveen Churchill Direct Lending Corp. is a specialty finance company focused primarily on investing in senior secured loans to private equity-owned U.S. middle market companies. It has elected to be regulated as a business development company. Nuveen Churchill Direct Lending Corp. is based in NEW YORK.