Nuveen Churchill Direct Lending Corp. (NYSE:NCDL – Get Free Report) has received a consensus rating of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $18.50.
A number of brokerages recently commented on NCDL. UBS Group initiated coverage on Nuveen Churchill Direct Lending in a research report on Tuesday, February 20th. They issued a “neutral” rating and a $18.00 target price on the stock. Bank of America began coverage on shares of Nuveen Churchill Direct Lending in a research note on Tuesday, February 20th. They issued a “buy” rating and a $19.00 price objective on the stock. Wells Fargo & Company initiated coverage on shares of Nuveen Churchill Direct Lending in a research report on Tuesday, February 20th. They set an “equal weight” rating and a $18.00 target price for the company. Truist Financial started coverage on Nuveen Churchill Direct Lending in a research report on Tuesday, February 20th. They set a “buy” rating and a $19.00 price target on the stock. Finally, Keefe, Bruyette & Woods assumed coverage on Nuveen Churchill Direct Lending in a report on Tuesday, February 20th. They issued a “market perform” rating and a $18.50 price objective for the company.
View Our Latest Stock Analysis on NCDL
Institutional Inflows and Outflows
Nuveen Churchill Direct Lending Stock Performance
NYSE:NCDL opened at $17.55 on Friday. The firm has a 50-day moving average price of $17.38. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 1.26. Nuveen Churchill Direct Lending has a fifty-two week low of $16.00 and a fifty-two week high of $18.10.
Nuveen Churchill Direct Lending (NYSE:NCDL – Get Free Report) last released its quarterly earnings results on Tuesday, February 27th. The company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.04. The company had revenue of $48.95 million during the quarter, compared to analysts’ expectations of $48.40 million. Nuveen Churchill Direct Lending had a return on equity of 11.91% and a net margin of 46.95%. On average, sell-side analysts predict that Nuveen Churchill Direct Lending will post 2.23 earnings per share for the current fiscal year.
Nuveen Churchill Direct Lending Announces Dividend
The firm also recently declared a — dividend, which will be paid on Monday, April 28th. Investors of record on Wednesday, February 12th will be paid a $0.10 dividend. The ex-dividend date is Wednesday, February 12th. This represents a dividend yield of 10.3%.
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.
See Also
- Five stocks we like better than Nuveen Churchill Direct Lending
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Garmin Navigates to New Highs Driven By Wearables Trend
- What is the Dow Jones Industrial Average (DJIA)?
- Pinterest Prospers From AI Boosting Shop-Ability and Relevance
- Technology Stocks Explained: Here’s What to Know About Tech
- AbbVie Tracking for New Highs in 2024
Receive News & Ratings for Nuveen Churchill Direct Lending Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Churchill Direct Lending and related companies with MarketBeat.com's FREE daily email newsletter.