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NCDL Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
13.420
Open
13.360
VWAP
13.28
Vol
189.42K
Mkt Cap
660.31M
Low
13.100
Amount
2.52M
EV/EBITDA(TTM)
12.47
Total Shares
49.39M
EV
1.71B
EV/OCF(TTM)
8.82
P/S(TTM)
3.73
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.
Show More

Events Timeline

(ET)
2026-02-26
08:00:00
NCDL Reports Q4 NAV per Share of $17.72
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2025-11-04 (ET)
2025-11-04
07:56:50
Nuveen Churchill announces Q3 EPS of 43 cents, below consensus estimate of 45 cents
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2025-09-10 (ET)
2025-09-10
07:15:27
Nuveen Churchill Executes 948K Share Block Trade at $15.38 per Share
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2025-09-09 (ET)
2025-09-09
17:47:58
Nuveen Churchill's 948K Share Block Trade Repriced at $15.38
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News

CNBC
7.5
03-06CNBC
Municipal Bonds: A Stable Income Choice Amid Market Turmoil
  • Market Volatility Impact: Concerns over the U.S.-Iran conflict have led to a projected 2% drop in the S&P 500 and a 3% decline in the Dow this week, prompting investors to seek more stable investment options, with municipal bonds gaining attention.
  • Yield Attractiveness: Municipal bond yields have risen alongside Treasury fluctuations, and despite geopolitical risks, investors can lock in higher yields, particularly for those in higher tax brackets, where a 3.4% yield translates to a 5.8% tax-equivalent yield.
  • Market Performance Recovery: The Bloomberg Municipal Bond Index has gained approximately 1.5% year-to-date, outperforming the less than 1% return of the Bloomberg U.S. Aggregate Bond Index, indicating strong demand and reduced supply driving market recovery.
  • Investment Strategy Recommendations: Experts suggest investors adopt a barbell strategy that combines short-term and long-term bonds to maximize flexibility and returns while preparing for potential market volatility, ensuring portfolio stability.
seekingalpha
8.0
02-26seekingalpha
Nuveen Churchill Declares Dividend Cut and Share Buyback
  • Dividend Adjustment: Nuveen Churchill Direct Lending has declared a quarterly dividend of $0.36 per share, representing a 20% decrease from the previous $0.45, reflecting adjustments to current interest rates and spread conditions, which may impact investor confidence.
  • Forward Yield: The forward yield stands at 10.55%, indicating that despite the dividend cut, the company maintains a capacity for returns under current market conditions, potentially attracting income-seeking investors.
  • Share Buyback Program: The company announced a new $50 million share repurchase program, authorizing the purchase of its common stock in the open market at prices below NAV per share, demonstrating management's confidence in the overall strength of its portfolio.
  • Financial Performance: In its latest earnings report, Nuveen Churchill reported a GAAP NII of $0.44, beating expectations by $0.02, indicating that the company remains profitable under stable portfolio performance, which may provide a foundation for future dividend restoration.
seekingalpha
9.5
02-26seekingalpha
Nuveen Churchill Direct Lending Corp. Reports Q4 2025 Earnings Highlights
  • Investment Income Growth: NCDL reported a net investment income of $0.44 per share for Q4 2025, a slight increase from $0.43 in Q3, indicating sustained earnings growth under stable portfolio management, despite total investment income declining to $50 million, reflecting challenges in the market environment.
  • Dividend Policy Adjustment: The company declared a $0.40 per share dividend for Q1 2026, with a base dividend of $0.36 and a supplemental dividend of $0.04, achieving a 9% annualized yield, a strategy aimed at attracting investors and enhancing market confidence through stable payouts.
  • Capital Structure Optimization: NCDL issued $300 million of unsecured notes in early 2025 to optimize its capital structure and enhance financial flexibility, with management emphasizing the importance of maintaining operational stability and investment portfolio quality amid market volatility.
  • Portfolio Diversification: By year-end, the number of portfolio companies increased from 213 to 227, further diversifying risk, and although one investment was placed on non-accrual status in Q4, the overall non-accruals represented only 0.5% of the portfolio at fair value, demonstrating effective risk management.
CNBC
8.5
02-18CNBC
Nuveen's £9.9 Billion Acquisition of Schroders Sparks Attention
  • Significant Acquisition Value: Nuveen's £9.9 billion acquisition of Schroders is set to create a global fund management giant with nearly $2.5 trillion in assets under management, marking a major consolidation trend in the asset management industry.
  • Strong Market Reaction: The acquisition has sparked widespread discussion in the financial community, with many industry insiders expressing regret over Schroders' historical significance, reflecting deep concerns about the traditional asset management model.
  • Accelerating Industry Consolidation: As profit margins for asset managers continue to contract due to a shift from active to passive management, the industry is witnessing an acceleration in merger activities aimed at achieving economies of scale and enhancing competitiveness.
  • Uncertain Future Outlook: While the acquisition brings scale advantages, there is optimism about the rise of small boutique asset managers, which may offer more flexible services in long-term investments, potentially reshaping the industry landscape.
Businesswire
9.5
01-28Businesswire
Nuveen Churchill Direct Lending Corp. Announces Q4 and Full Year Earnings Release Date
  • Earnings Release Schedule: Nuveen Churchill Direct Lending Corp. will report its Q4 and full-year financial results for 2025 on February 26, 2026, before market open, demonstrating the company's commitment to transparency.
  • Conference Call Details: The company will host an earnings conference call at 10:00 AM Eastern Time on the same day, with participants encouraged to dial in 10-15 minutes early, ensuring timely access to financial information for investors.
  • Webcast Availability: A live webcast of the earnings call will be available on the company's website, enhancing information accessibility and allowing investors and the public to stay informed about the company's financial health.
  • Company Background: Nuveen Churchill, backed by TIAA, focuses on investing in middle-market companies, showcasing its expertise and market position in the private equity lending sector.
Newsfilter
9.5
01-28Newsfilter
Nuveen Churchill Direct Lending Corp. Schedules Q4 2025 Earnings Release
  • Earnings Release Schedule: Nuveen Churchill Direct Lending Corp. will report its Q4 and full-year 2025 financial results on February 26, 2026, before market opens, demonstrating the company's commitment to transparency.
  • Conference Call Details: The company will host an earnings conference call at 10:00 AM ET on the same day, allowing interested parties to dial in at (866) 605-1826, reflecting its proactive approach to investor communication.
  • Webcast Availability: The earnings call will be available via live webcast on the company's website, with a replay accessible afterward, enhancing information accessibility for stakeholders.
  • Company Background: Nuveen Churchill focuses on investing in senior secured loans to U.S. middle market companies and operates as a subsidiary of TIAA, showcasing its expertise and position in the private equity market.
Wall Street analysts forecast NCDL stock price to rise
2 Analyst Rating
Wall Street analysts forecast NCDL stock price to rise
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
15.00
Averages
16.50
High
18.00
Current: 0.000
sliders
Low
15.00
Averages
16.50
High
18.00
Truist
Buy
maintain
$18 -> $16
AI Analysis
2026-03-04
Reason
Truist
Price Target
$18 -> $16
AI Analysis
2026-03-04
maintain
Buy
Reason
Truist lowered the firm's price target on Nuveen Churchill to $16 from $18 and keeps a Buy rating on the shares as part of a broader research on BDCs - business development companies - with updates on several models post earnings. The modest decline in 2026 estimate results from lower assumed portfolio growth as the firm assumes utilization of its recently announced $50M share repurchase plan this year, the analyst tells investors in a research note.
Wells Fargo
Finian P. O'Shea
Equal Weight
downgrade
$14 -> $13
2026-03-04
Reason
Wells Fargo
Finian P. O'Shea
Price Target
$14 -> $13
2026-03-04
downgrade
Equal Weight
Reason
Wells Fargo analyst Finian P. O'Shea lowered the firm's price target on Nuveen Churchill to $13 from $14 and keeps an Equal Weight rating on the shares. Churchill avoided software, but doesn't yet enjoy top-tier credit outcomes because of it, the firm argues.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for NCDL
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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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
Current PS
NaN
Overvalued PS
Undervalued PS

Financials

AI Analysis
Annual
Quarterly

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Whales Holding NCDL

H
Hennion & Walsh Asset Management, Inc.
Holding
NCDL
+0.15%
3M Return
A
Ares Management LLC
Holding
NCDL
-14.17%
3M Return

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Frequently Asked Questions

What is Nuveen Churchill Direct Lending Corp (NCDL) stock price today?

The current price of NCDL is 13.31 USD — it has decreased -0.45

What is Nuveen Churchill Direct Lending Corp (NCDL)'s business?

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.

What is the price predicton of NCDL Stock?

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 is16.50 USD with a low forecast of 15.00 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.

What is Nuveen Churchill Direct Lending Corp (NCDL)'s revenue for the last quarter?

Nuveen Churchill Direct Lending Corp revenue for the last quarter amounts to 44.59M USD, decreased -21.34

What is Nuveen Churchill Direct Lending Corp (NCDL)'s earnings per share (EPS) for the last quarter?

Nuveen Churchill Direct Lending Corp. EPS for the last quarter amounts to 0.32 USD, decreased -40.74

How many employees does Nuveen Churchill Direct Lending Corp (NCDL). have?

Nuveen Churchill Direct Lending Corp (NCDL) has 0 emplpoyees as of March 11 2026.

What is Nuveen Churchill Direct Lending Corp (NCDL) market cap?

Today NCDL has the market capitalization of 660.31M USD.