Nuveen Churchill Direct Lending Corp. (NCDL) – What Are Brokerages Thinking About This Stock?

Shares of Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) have earned a consensus rating of “Hold” from the five brokerages that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $13.62.

NCDL has been the subject of several recent analyst reports. UBS Group raised shares of Nuveen Churchill Direct Lending from a “neutral” rating to a “buy” rating and dropped their target price for the stock from $14.75 to $13.00 in a report on Tuesday, September 1st. Wall Street Zen upgraded Nuveen Churchill Direct Lending from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Keefe, Bruyette & Woods lowered their price objective on Nuveen Churchill Direct Lending from $15.00 to $13.50 and set a “market perform” rating on the stock in a research report on Monday, August 10th. Finally, Zacks Research raised Nuveen Churchill Direct Lending from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 21st.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Confluence Investment Management LLC grew its holdings in Nuveen Churchill Direct Lending by 2.6% during the 3rd quarter. Confluence Investment Management LLC now owns 70,694 shares of the company’s stock valued at $795,000 after buying an additional 1,787 shares in the last quarter. GraniteShares Advisors LLC increased its stake in Nuveen Churchill Direct Lending by 1.6% in the 3rd quarter. GraniteShares Advisors LLC now owns 204,945 shares of the company’s stock worth $2,304,000 after acquiring an additional 3,168 shares during the last quarter. Lido Advisors LLC raised its holdings in shares of Nuveen Churchill Direct Lending by 19.9% during the 1st quarter. Lido Advisors LLC now owns 53,788 shares of the company’s stock worth $705,000 after acquiring an additional 8,932 shares in the last quarter. Opal Wealth Advisors LLC raised its holdings in shares of Nuveen Churchill Direct Lending by 2.0% during the 3rd quarter. Opal Wealth Advisors LLC now owns 646,793 shares of the company’s stock worth $7,270,000 after acquiring an additional 12,522 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. raised its holdings in shares of Nuveen Churchill Direct Lending by 2.9% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 442,680 shares of the company’s stock worth $5,498,000 after acquiring an additional 12,646 shares in the last quarter.

Key Headlines Impacting Nuveen Churchill Direct Lending

Here are the key news stories impacting Nuveen Churchill Direct Lending this week:

• Positive Sentiment: NCDL outlined a plan to grow its joint venture to about $300 million over the coming quarters, a potential source of future investment and earnings growth. Article: Nuveen Churchill Direct Lending outlines plan to ramp joint venture
• Positive Sentiment: Dividend coverage reports say NCDL declared a $0.36-per-share distribution plus a $0.02 supplemental distribution, supporting its appeal to income-focused investors. Article: NCDL declares distribution and supplemental distribution
• Neutral Sentiment: Third-quarter net investment income was $0.38 per share, just below the $0.39 consensus estimate; revenue of $43.67 million also narrowly missed estimates of $43.72 million. The small misses may temper the positive reaction, though results were close to expectations. Article: NCDL announces third-quarter 2026 results
• Negative Sentiment: Dividend details in the supplied reports conflict: another account describes the $0.02 amount as the quarterly payout and a sharp reduction from $0.36. Investors may want to confirm the distribution amounts in the company’s official release. Article: NCDL distribution report

Nuveen Churchill Direct Lending Trading Up 4.3%

Shares of NYSE NCDL opened at $11.88 on Wednesday. Nuveen Churchill Direct Lending has a 12-month low of $10.31 and a 12-month high of $15.07. The firm has a market capitalization of $586.95 million, a price-to-earnings ratio of 12.51 and a beta of 0.55. The firm has a 50 day moving average of $11.51 and a 200 day moving average of $12.73.

Nuveen Churchill Direct Lending (NYSE:NCDL) last issued its quarterly earnings data on Tuesday, November 3rd. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The business had revenue of $43.67 million for the quarter, compared to the consensus estimate of $43.72 million. Nuveen Churchill Direct Lending had a net margin of 24.44% and a return on equity of 9.60%. Sell-side analysts predict that Nuveen Churchill Direct Lending will post 1.60 EPS for the current year.

Nuveen Churchill Direct Lending Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 28th. Shareholders of record on Thursday, December 31st will be paid a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, December 31st. This is a decrease from Nuveen Churchill Direct Lending’s previous quarterly dividend of $0.36. Nuveen Churchill Direct Lending’s dividend payout ratio is presently 151.58%.

About Nuveen Churchill Direct Lending

Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) is a closed-end investment company that has elected to be regulated as a business development company. The company provides financing to privately owned, primarily U.S.-based middle-market businesses.

NCDL invests mainly in senior secured loans and other debt investments, with a focus on companies that may have limited access to traditional bank financing. Its portfolio may also include unitranche loans, subordinated debt and, to a lesser extent, equity or equity-related investments.