NCDL

Nuveen Churchill Direct Lending Corp

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Advanced Chart

16.040

-0.21(-1.292%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

16.260

Open

16.180

VWAP

16.09

Vol

121.82K

Mkt Cap

792.17M

Low

16.010

Amount

1.96M

EV/EBITDA(TTM)

10.55

Total Shares

49.39M

1.87B

EV/OCF(TTM)

19.10

P/S(TTM)

4.10

Nuveen Churchill Direct Lending Corp. is a specialty finance company. The Company's investment objective is to generate attractive risk-adjusted returns through current income by investing primarily in senior secured loans to private equity-owned United States middle market companies. It invests in directly originated senior secured loans that typically pay floating interest rates and are senior in the capital structure to junior debt and equity. It primarily focuses on investments in United States middle market companies with $10 million to $100 million of EBITDA, which it considers the core middle market. Its portfolio is comprised primarily of first-lien senior secured debt and unitranche loans. It also opportunistically invests in junior capital opportunities, including second-lien loans, equity co-investments and similar equity-related securities. It is externally managed by its investment adviser, Churchill DLC Advisor LLC, and by its sub-adviser, Churchill Asset Management LLC.

5 Analyst Rating

4.74% Upside

Wall Street analysts forecast NCDL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NCDL is 16.80 USD with a low forecast of 14.00 USD and a high forecast of 18.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

2 Hold

0 Sell

Moderate Buy

4.74% Upside

Current: 16.040

Low

14.00

Averages

16.80

High

18.00

4.74% Upside

Current: 16.040

Low

14.00

Averages

16.80

High

18.00

UBS

Neutral

maintain

2025-07-16

Reason

UBS

Price Target

2025-07-16

maintain

Neutral

Reason

UBS raised the firm's price target on Nuveen Churchill to $17.50 from $16.50 and keeps a Neutral rating on the shares.

Citizens JMP

Outperform

downgrade

$18

2025-06-24

Reason

Citizens JMP

Price Target

$18

2025-06-24

downgrade

Outperform

Reason

Citizens JMP lowered the firm's price target on Nuveen Churchill to $18 from $18.50 and keeps an Outperform rating on the shares. The firm lowered its FY25 EPS estimate to $1.90 from $2.02 and its FY26 EPS estimate to $1.80 from $1.85.

BofA

Derek Hewett

Buy

downgrade

2025-05-19

Reason

BofA

Derek Hewett

Price Target

2025-05-19

downgrade

Buy

Reason

BofA analyst Derek Hewett lowered the firm's price target on Nuveen Churchill to $16.50 from $18.25 and keeps a Buy rating on the shares following what the firm calls "a somewhat mixed quarter." However, core profitability excluding one-time items was "strong," says the analyst, who thinks Nuveen Churchill is well positioned to generate strong risk-adjusted returns despite the more challenging macro backdrop.

Wells Fargo

Finian P. O'Shea

Equal Weight

downgrade

$15 -> $14

2025-05-13

Reason

Wells Fargo

Finian P. O'Shea

Price Target

$15 -> $14

2025-05-13

downgrade

Equal Weight

Reason

Wells Fargo analyst Finian P. O'Shea lowered the firm's price target on Nuveen Churchill to $14 from $15 and keeps an Equal Weight rating on the shares. Forward NOI is likely to cliff with a full management fee and the end of the incentive fee waiver, the firm says. Dividend coverage may become a challenge in 2026 based on the forward curve, adds Wells.

UBS

Vilas Abraham

Hold

Maintains

$18 → $16

2025-04-17

Reason

UBS

Vilas Abraham

Price Target

$18 → $16

2025-04-17

Maintains

Hold

Reason

Keefe, Bruyette & Woods

Ryan Lynch

Hold

Maintains

$18 → $17

2025-04-08

Reason

Keefe, Bruyette & Woods

Ryan Lynch

Price Target

$18 → $17

2025-04-08

Maintains

Hold

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Nuveen Churchill Direct Lending Corp (NCDL.N) is , compared to its 5-year average forward P/E of . For a more detailed relative valuation and DCF analysis to assess Nuveen Churchill Direct Lending Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

Current PE

NaN

Overvalued PE

Undervalued PE

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

Current EV/EBITDA

NaN

Overvalued EV/EBITDA

Undervalued EV/EBITDA

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

Current PS

NaN

Overvalued PS

Undervalued PS