Nuveen Churchill Direct Lending (NCDL) to Release Earnings on Thursday

Nuveen Churchill Direct Lending (NYSE:NCDL) is expected to post its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect Nuveen Churchill Direct Lending to post earnings of $0.59 per share and revenue of $59.84 million for the quarter.

Nuveen Churchill Direct Lending Stock Up 0.6 %

Shares of NYSE:NCDL opened at $17.69 on Thursday. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.10. Nuveen Churchill Direct Lending has a 12 month low of $16.00 and a 12 month high of $18.10. The company has a 50-day moving average price of $16.99 and a 200 day moving average price of $17.19. The company has a market cap of $963.93 million and a price-to-earnings ratio of 7.56.

Insider Activity at Nuveen Churchill Direct Lending

In other news, CEO Kenneth J. Kencel acquired 20,000 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was acquired at an average price of $17.35 per share, with a total value of $347,000.00. Following the completion of the purchase, the chief executive officer now directly owns 10,000 shares in the company, valued at approximately $173,500. This trade represents a -200.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.53% of the stock is owned by insiders.

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.