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

Nuveen Churchill Direct Lending (NYSE:NCDL) will post its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect Nuveen Churchill Direct Lending to post earnings of $0.57 per share for the quarter.

Nuveen Churchill Direct Lending (NYSE:NCDL) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $0.57 EPS for the quarter, hitting analysts’ consensus estimates of $0.57. Nuveen Churchill Direct Lending had a return on equity of 12.70% and a net margin of 50.23%. The firm had revenue of $55.09 million for the quarter, compared to the consensus estimate of $54.30 million. 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 Performance

Shares of Nuveen Churchill Direct Lending stock opened at $16.84 on Tuesday. Nuveen Churchill Direct Lending has a one year low of $16.00 and a one year high of $18.10. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.03. The business’s 50 day moving average price is $17.45 and its 200 day moving average price is $17.48.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company cut their price objective on Nuveen Churchill Direct Lending from $18.00 to $17.00 and set an “equal weight” rating on the stock in a report on Monday, August 12th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $18.33.

About Nuveen Churchill Direct Lending

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.