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NCDL

Nuveen Churchill Direct Lending Corp.

NCDL

NYSE·Financial Services·Asset Management·Mkt cap $618.3M

$12.52

-0.40%

P/E

14.23

Mkt Cap

$618.3M

52-Wk Range

$11.97–$16.06

52-Week Range

$11.97 - $16.06

P/E

14.23

Fwd P/E

7.94

Beta

0.62

Div Yield

13.42%

Avg Vol

190.6K

Shares Out

49.4M

Mkt Cap

$618.3M

Price action

Price chart

Down 21.4% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Nuveen's extensive direct lending expertise and origination network
  • Focused middle market strategy with deep credit underwriting capabilities
  • Structured approach to senior secured lending with downside protection
  • Professional external management with established investor relationships

Bear Case

1 risk

  • Low volatility (beta 0.6).

Growth

Strong growth ahead

Expansion of middle market lending opportunities in private equity ecosystem

Value

Undervalued - trading well below sector peers

Momentum

Stable

-2.0% over 3m

Quality

Strong

Solid business

Dividend

High yield

13.42% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 3, 2026

Q3 26 RECAP

AUG 6, 2026

Reported EPS of $0.41 vs $0.39 consensus (+5.0% surprise). Revenue of $44.3M vs $46.7M expected (-5.1%).

EPS beat +5.0%
Revenue miss

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+5.0%

Revenue trend · last 8Q

-4%

-36%

-32%

-28%

+16%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$33.8M

$29.0M

$35.1M

$18.9M

$21.6M

$19.7M

$25.2M

$44.3M

Margins · last 8Q

Gross

0.0%

Operating

0.0%

Profit

0.0%

Wall Street consensus

2 analysts · 50% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

50%

Hold

0%

Sell

1

50%

Median Price Target

Latest: UBS · Sep 1, 2026

vs Industry

How NCDL stacks vs Asset Management

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.