Nuveen Churchill Direct Lending (NCDL) to Release Earnings on Thursday

Nuveen Churchill Direct Lending (NYSE:NCDL - Get Free Report) will likely be releasing its earnings data before the market opens on Thursday, May 8th. Analysts expect Nuveen Churchill Direct Lending to post earnings of $0.57 per share and revenue of $56.01 million for the quarter.

Nuveen Churchill Direct Lending Stock Down 0.1 %

Shares of NCDL stock opened at $15.76 on Thursday. Nuveen Churchill Direct Lending has a 1-year low of $14.21 and a 1-year high of $18.05. The stock's fifty day moving average price is $16.44 and its 200 day moving average price is $16.86. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.69 and a quick ratio of 1.69. The company has a market cap of $807.18 million, a price-to-earnings ratio of 6.74 and a beta of 0.37.

Nuveen Churchill Direct Lending Announces Dividend

The firm also recently announced a -- dividend, which was paid on Monday, April 28th. Investors of record on Monday, March 31st were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a yield of 10.3%. Nuveen Churchill Direct Lending's dividend payout ratio (DPR) is 83.72%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on NCDL. Keefe, Bruyette & Woods dropped their target price on Nuveen Churchill Direct Lending from $18.00 to $17.00 and set a "market perform" rating on the stock in a research note on Tuesday, April 8th. Wells Fargo & Company dropped their price target on Nuveen Churchill Direct Lending from $17.00 to $15.00 and set an "equal weight" rating on the stock in a research note on Monday. Finally, UBS Group dropped their price target on Nuveen Churchill Direct Lending from $18.00 to $16.25 and set a "neutral" rating on the stock in a research note on Thursday, April 17th.

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.

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