Nuveen Churchill Direct Lending Corp. (NCDL) To Go Ex-Dividend on May 10th

Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) declared a dividend on Wednesday, January 10th, NASDAQ reports. Investors of record on Monday, May 13th will be given a dividend of 0.10 per share on Sunday, July 28th. The ex-dividend date of this dividend is Friday, May 10th.

Nuveen Churchill Direct Lending Stock Performance

NYSE NCDL traded down $0.05 during mid-day trading on Wednesday, hitting $17.49. The stock had a trading volume of 16,343 shares, compared to its average volume of 62,554. Nuveen Churchill Direct Lending has a 52-week low of $16.00 and a 52-week high of $18.10. The stock has a 50 day moving average price of $17.38. The company has a debt-to-equity ratio of 1.26, a current ratio of 2.28 and a quick ratio of 2.28.

Nuveen Churchill Direct Lending (NYSE:NCDL) last released its quarterly earnings data on Tuesday, February 27th. The company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.04. Nuveen Churchill Direct Lending had a return on equity of 11.91% and a net margin of 46.95%. The firm had revenue of $48.95 million during the quarter, compared to the consensus estimate of $48.40 million. Sell-side analysts expect that Nuveen Churchill Direct Lending will post 2.23 EPS for the current fiscal year.

Analyst Ratings Changes

NCDL has been the subject of several recent research reports. Keefe, Bruyette & Woods initiated coverage on Nuveen Churchill Direct Lending in a research report on Tuesday, February 20th. They set a “market perform” rating and a $18.50 price target for the company. Wells Fargo & Company initiated coverage on Nuveen Churchill Direct Lending in a research report on Tuesday, February 20th. They set an “equal weight” rating and a $18.00 price target for the company. JMP Securities reissued a “market outperform” rating and set a $18.50 price target on shares of Nuveen Churchill Direct Lending in a research report on Tuesday, March 26th. Truist Financial started coverage on Nuveen Churchill Direct Lending in a research report on Tuesday, February 20th. They set a “buy” rating and a $19.00 price target for the company. Finally, Bank of America started coverage on Nuveen Churchill Direct Lending in a report on Tuesday, February 20th. They set a “buy” rating and a $19.00 price objective on the stock. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $18.50.

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.