Nuveen Churchill Direct Lending Corp. (NCDL)
Market Cap | 936.80M |
Revenue (ttm) | n/a |
Net Income (ttm) | n/a |
Shares Out | 54.82M |
EPS (ttm) | n/a |
PE Ratio | n/a |
Forward PE | 8.70 |
Dividend | $2.10 (12.29%) |
Ex-Dividend Date | Mar 31, 2025 |
Volume | 229,894 |
Open | 17.22 |
Previous Close | 17.22 |
Day's Range | 17.01 - 17.29 |
52-Week Range | 16.20 - 18.10 |
Beta | n/a |
Analysts | Buy |
Price Target | 17.75 (+3.86%) |
Earnings Date | Feb 27, 2025 |
About NCDL
Nuveen Churchill Direct Lending Corp. (the “Company”) is a business development company and was formed on March 13, 2018, as a limited liability company under the laws of the State of Delaware and was converted into a Maryland corporation on June 18, 2019 prior to the commencement of operations. The Company is a closed-end, externally managed, non-diversified management investment company that has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). The Company’... [Read more]
Financial Performance
In 2023, NCDL's revenue was $161.76 million, an increase of 96.18% compared to the previous year's $82.45 million. Earnings were $75.94 million, an increase of 339.30%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for NCDL stock is "Buy." The 12-month stock price forecast is $17.75, which is an increase of 3.86% from the latest price.
News

Nuveen Churchill Direct Lending Corp. (NCDL) Q4 2024 Earnings Call Transcript
Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) Q4 2024 Results Conference Call February 27, 2025 11:00 AM ET Company Participants Robert Paun - Head-Investor Relations Ken Kencel - Chairman, Presi...

Nuveen Churchill Direct Lending Corp. Announces Full Year and Fourth Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) (“NCDL” or the “Company”), a business development company externally managed by its investment adviser, Churchill DLC Advi...

My BDC Portfolio To Beat The Index And Generate Durable Income
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BDC Weekly Review: 2 Positives In NCDL Bond Issuance
We take a look at the action in business development companies through the fourth week of January and highlight some of the key themes we are watching. BDCs had a strong week with a 1.5% total return,...

BDC Weekly Review: OBDC Consummates Merger, Delivering Alpha To OBDE Holders
We take a look at the action in business development companies through the third week of January and highlight some of the key themes we are watching. BDCs had a strong week with a 3% total return, bo...

Nuveen Churchill Direct Lending Corp. Announces Closing of Public Offering of $300 Million 6.650% Notes Due 2030
NEW YORK--(BUSINESS WIRE)--Nuveen Churchill Direct Lending Corp. (the “Company,” “we,” “us,” or “our”) (NYSE: NCDL) today announced that it has closed a public offering of $300.0 million aggregate pri...

Nuveen Churchill Direct Lending Corp. Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) (“NCDL” or “the Company”), today announced it will report its financial results for the fourth quarter and full year ended...

Nuveen Churchill Direct Lending: New BDC On The Block With Potential
I rate Nuveen Churchill Direct Lending (NCDL) as a buy due to its solid dividend coverage, diverse portfolio, discount to NAV valuation, and consistent investment activity. NCDL's portfolio is valued ...

Nuveen Churchill Direct Lending Corp. Prices Public Offering of $300 Million 6.650% Notes Due 2030
NEW YORK--(BUSINESS WIRE)--Nuveen Churchill Direct Lending Corp. (the “Company,” “we,” “us” or “our”) (NYSE: NCDL) today announced that it has priced an underwritten public offering of $300 million in...

Nuveen Churchill Direct Lending: 10.5% Yielding BDC In Our Buy Zone
Nuveen Churchill Direct Lending is a newly IPO'd BDC with strong fundamentals, trading at a 4.3% discount to NAV. NCDL boasts a diversified portfolio, heavily weighted towards first-lien loans (90.6%)...

Nuveen Churchill Direct Lending: Why I Am Following Insider And Buying This BDC
Nuveen Churchill Direct Lending is a promising BDC with a market cap of $946M, offering an attractive 10.4% yield and a -4.9% NAV discount. Insider buying, including recent CEO share purchases, signal...

Distribution/Dividend Coverage: Why It's Important And What Investors Need To Know
"Distribution Coverage" sounds very important and critical. So what is it? It involves identifying the cash flow sources of distributions from different types of closed-end funds, and how stable and p...

Nuveen Churchill Direct Lending: The Market Is Sleeping On This BDC
NCDL is a business development company, offering high income potential for its shareholders. Its portfolio is defensively structured with a high degree of diversification, first-lien exposure, and low...

NCDL: Excellent Performance, Supported By IPO-Related Fee Waivers
We take a look at the BDC Nuveen Churchill Direct Lending (NCDL) Q3 results. NCDL trades at a 13.1% dividend yield and a 7% discount to book. The company's portfolio focuses on the tech and healthcare...

Nuveen Churchill Direct Lending Corp. (NCDL) Q3 2024 Earnings Call Transcript
Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Robert Paun – Head-Investor Relations Ken Kencel – Chairman, Presi...

Nuveen Churchill Direct Lending Corp. Announces Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) (“NCDL” or the “Company”), a business development company externally managed by its investment adviser, Churchill DLC Advi...

BDC Weekly Review: PSEC Doubles Down On Its Strategy
We take a look at the action in business development companies through the fourth week of October and highlight some of the key themes we are watching. BDCs underperformed this week but still outpaced...

BDC Weekly Review: PIK Is At Record High
We take a look at the action in business development companies through the third week of October and highlight some of the key themes we are watching. BDCs had a strong week, rising over 1%, supported...

Nuveen Churchill Direct Lending Corp. Schedules Third Quarter 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) (“NCDL” or “the Company”), today announced it will report its financial results for the third quarter ended September 30, ...

Buy These ‘Private Equity' Plays For 10.5% Yields
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Gauging Distribution Winners And Losers In The Next Rate Cycle
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NCDL: The Data Is Too Good To Maintain Hold (Rating Upgrade)
NCDL is a relatively new BDC with an IPO date in January this year. In my previous piece that was issued back in May, I outlined several areas of concern that lead to a neutral stance. However, seeing...

BDC Weekly Review: PSEC Gets Bad Press
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Why We Are Adding BDCs To Our Income Portfolios Right Now
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