Nuveen Churchill Direct Lending (NCDL) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $16.96 to $17.06
• 50-Day Range: $16.79 to $17.92
• 52-Week Range: $16.00 to $18.10
• Volume: 237,958 shs
• Average Volume: 72,335 shs
• Market Capitalization: $927.90 million
• P/E Ratio: 7.28
• Dividend Yield: 10.57%
• Price Target: $18.33
• Consensus Rating: Moderate Buy

Nuveen Churchill Direct Lending Stock Analysis - MarketRank™

Nuveen Churchill Direct Lending scored higher than 36% of companies evaluated by MarketBeat, and ranked 754th out of 922 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Nuveen Churchill Direct Lending has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Nuveen Churchill Direct Lending has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -10.53%

Earnings Growth

Earnings for Nuveen Churchill Direct Lending are expected to decrease by -10.53% in the coming year, from $2.28 to $2.04 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Nuveen Churchill Direct Lending is 7.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of Nuveen Churchill Direct Lending is 7.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.28.

Price to Book Value per Share Ratio

Nuveen Churchill Direct Lending has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.08% of the float of Nuveen Churchill Direct Lending has been sold short.

Short Interest Ratio / Days to Cover

Nuveen Churchill Direct Lending has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nuveen Churchill Direct Lending has recently increased by 43.52%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Nuveen Churchill Direct Lending is a leading dividend payer. It pays a dividend yield of 10.56%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Nuveen Churchill Direct Lending does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Nuveen Churchill Direct Lending is 76.92%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Nuveen Churchill Direct Lending will have a dividend payout ratio of 88.24% in the coming year. This indicates that Nuveen Churchill Direct Lending may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.08% of the float of Nuveen Churchill Direct Lending has been sold short.

Short Interest Ratio / Days to Cover

Nuveen Churchill Direct Lending has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nuveen Churchill Direct Lending has recently increased by 43.52%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.36

News Sentiment

Nuveen Churchill Direct Lending has a news sentiment score of 1.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.81 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Nuveen Churchill Direct Lending this week, compared to 1 article on an average week.

Search Interest

1 people have searched for NCDL on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Nuveen Churchill Direct Lending insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.53% of the stock of Nuveen Churchill Direct Lending is held by insiders.

NCDL Stock Analysis - Frequently Asked Questions

How have NCDL shares performed this year?

Nuveen Churchill Direct Lending's stock was trading at $17.60 on January 1st, 2024. Since then, NCDL shares have decreased by 3.2% and is now trading at $17.03.
View the best growth stocks for 2024 here.

How were Nuveen Churchill Direct Lending's earnings last quarter?

Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) released its quarterly earnings data on Wednesday, August, 7th. The company reported $0.57 EPS for the quarter, hitting the consensus estimate of $0.57. The company earned $55.09 million during the quarter, compared to the consensus estimate of $54.30 million. Nuveen Churchill Direct Lending had a net margin of 53.56% and a trailing twelve-month return on equity of 12.72%.

Who are Nuveen Churchill Direct Lending's major shareholders?

Top institutional shareholders of Nuveen Churchill Direct Lending include Stifel Financial Corp (0.98%), Opal Wealth Advisors LLC (0.35%), Hennion & Walsh Asset Management Inc. (0.29%) and Confluence Investment Management LLC (0.22%).

How do I buy shares of Nuveen Churchill Direct Lending?

Shares of NCDL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Nuveen Churchill Direct Lending own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nuveen Churchill Direct Lending investors own include United Parcel Service (UPS), Bank of Montreal (BMO), ARMOUR Residential REIT (ARR), Getty Realty (GTY), KKR Real Estate Finance Trust (KREF), MFA Financial (MFA) and Townsquare Media (TSQ).

Company Calendar

• Last Earnings: 8/07/2024
• Ex-Dividend for 10/28 Dividend: 9/30/2024
• Dividend Payable: 10/28/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/25/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Mortgage bankers & correspondents
• Sub-Industry: N/A
• Current Symbol: NYSE:NCDL
• Previous Symbol: NYSE:NCDL
• CUSIP: N/A
• CIK: 1737924
• Web: www.churchillam.com
• Phone: 212-207-2003
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $18.33
• High Stock Price Target: $19.00
• Low Stock Price Target: $17.00
• Potential Upside/Downside: +7.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.34
• Trailing P/E Ratio: 7.28
• Forward P/E Ratio: 7.47
• P/E Growth: N/A
• Net Income: $75.94 million
• Net Margins: 53.56%
• Pretax Margin: 45.88%
• Return on Equity: 12.72%
• Return on Assets: 6.05%

Debt

• Debt-to-Equity Ratio: 1.10
• Current Ratio: 1.69
• Quick Ratio: 1.69

Sales & Book Value

• Annual Sales: $110.97 million
• Price / Sales: 8.36
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $18.18 per share
• Price / Book: 0.94

Miscellaneous

• Outstanding Shares: 54,486,000
• Free Float: 54,197,000
• Market Cap: $927.90 million
• Optionable: N/A
• Beta: N/A