Nuveen Churchill Direct Lending (NCDL) Set to Announce Earnings on Thursday

Nuveen Churchill Direct Lending (NYSE:NCDL) is scheduled to release its earnings data before the market opens on Thursday, May 9th. Analysts expect Nuveen Churchill Direct Lending to post earnings of $0.49 per share for the quarter.

Nuveen Churchill Direct Lending (NYSE:NCDL) last issued its quarterly earnings data on Tuesday, February 27th. The company reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.04. The company had revenue of $48.95 million during the quarter, compared to the consensus estimate of $48.40 million. Nuveen Churchill Direct Lending had a net margin of 46.95% and a return on equity of 11.91%. 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 0.1 %

NCDL opened at $17.55 on Wednesday. The company has a fifty day moving average 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 12 month low of $16.00 and a 12 month high of $18.10.

Nuveen Churchill Direct Lending Dividend Announcement

The company also recently declared a — dividend, which will be paid on Monday, April 28th. Stockholders of record on Wednesday, February 12th will be issued a $0.10 dividend. The ex-dividend date is Wednesday, February 12th. This represents a dividend yield of 10.3%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. UBS Group assumed 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. Wells Fargo & Company assumed coverage on shares of Nuveen Churchill Direct Lending in a research report on Tuesday, February 20th. They issued an “equal weight” rating and a $18.00 price objective on the stock. JMP Securities reaffirmed a “market outperform” rating and issued a $18.50 target price on shares of Nuveen Churchill Direct Lending in a research report on Tuesday, March 26th. Truist Financial started coverage on shares of 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, Bank of America initiated coverage on Nuveen Churchill Direct Lending in a report on Tuesday, February 20th. They issued a “buy” rating and a $19.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $18.50.

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.