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StockVS

NYSE · Asset Management · USD

Nuveen Churchill Direct Lending Corp. (NCDL) Stock Analysis

Nuveen Churchill Direct Lending Corp. (NCDL) is a Asset Management stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

NCDL

$10.39

−$0.06 (−0.57%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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NCDL Key Statistics

As of Oct 21, 2026
Trading
Open
$10.49
Previous Close
$10.45
Day's Range
10.32–10.46
52-Week Range
10.31–15.07
Volume
257.37K
Valuation
Market Cap
$513.13M
P/E Ratio
10.94
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
6.76
EPS (ttm)Profit attributable to each share over the last twelve months.
0.95
Financials (FY)
Revenue (FY)
$76.61M−31.24%
Net Income (FY)
$65.61M−43.59%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
49.39M
1-Year Return
−18.68%
Dividend and dates
Dividend
$1.52+14.55%
Ex-Dividend Date
September 30, 2026
Avg Volume
212.60K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, NCDL closed at $10.39, −18.68% over 1 year.

Nuveen Churchill Direct Lending Corp. (NCDL) has a market capitalization of $513.13M.

In fiscal 2025, NCDL reported revenue of $76.61M.

NCDL Stock Return by Calendar Year

Nuveen Churchill Direct Lending Corp. (NCDL) return since Jan 2024: what $10,000 became

1 year
$10,000 $8,132
−18.68%
Since Jan 2024
$10,000 $7,918
−20.82%

If you had invested $10,000 in Nuveen Churchill Direct Lending Corp. (NCDL) at the close on January 25, 2024, the earliest close on record here, it would have been worth $7,918 at the close on October 21, 2026: −20.82% in total, −8.18% a year, with dividends reinvested, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−17.20%
2025−9.92%
2024+6.15%

As of October 21, 2026.

NCDL Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$76.61M$65.61M85.6%
2024$111.42M$116.32M104.4%
2023$86.03M$75.94M88.3%
2022$23.39M$17.29M73.9%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$76.61M——$65.61M85.6%
2024$111.42M——$116.32M104.4%
2023$86.03M——$75.94M88.3%
2022$23.39M——$17.29M73.9%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

NCDL Dividend History

$1.90−9.5% vs 2024

Dividends per share, 2025 · 5 payments

YearDividends per sharePaymentsChange
2026*$0.782—
2025$1.905−9.5%
2024$2.107—

Most recent payment: $0.39 per share, ex-dividend June 30, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

NCDL Valuation vs Asset Management Median

Median of 512 stocks
MetricNCDLAsset Management medianvs median
P/E10.949.4416% above

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 12 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Nuveen Churchill Direct Lending Corp. (NCDL) is capitalised at $513.13M on the latest close. The company sits in the Financial Services sector, in the Asset Management industry.

NCDL last closed at $10.39 on October 21, 2026. That is −$0.06 (−0.57%) against the previous close. The 52-week range on file runs from $10.31 to $15.07. The latest close sits 0.78% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $76.61M. Against the prior fiscal year total of $111.42M, that is a change of −31.24%. The same year closed with net income of $65.61M. That is −43.59% against the prior fiscal year. Trailing earnings per share are 0.95.

Across the 4 fiscal years on file, revenue moves from $23.39M in 2022 to $76.61M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

NCDL trades at a trailing price-to-earnings ratio of 10.94. That is 15.89% above the Asset Management median of 9.44. The forward P/E on file is 6.76. 512 Asset Management companies report these metrics, and the medians quoted come from that group.

Annualized volatility over the trailing 2 years is 21.66%. The trailing one-year total return is −18.68%. The stored price history starts on January 25, 2024, and the total return since then is −20.82%.

Growth & Income

Shareholders receive a dividend, yielding 14.55% on the latest price. That is 5.6 percentage points above the Asset Management median yield of 8.91%. The indicated annual rate is $1.52 a share. The ex-dividend date on file is September 30, 2026. Dividends are recorded for 3 calendar years; 2026 shows 2 payments totalling $0.78 a share. The year before, 2025, totalled $1.90 a share.

The strongest complete calendar year on file is 2024 at +6.15%; the weakest is 2025 at −9.92%. So far in 2026 the total return is −17.20%.

Peer Comparison

Nuveen Churchill Direct Lending Corp. (NCDL) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Nuveen Churchill Direct Lending Corp. NCDL $513.13M 10.9
BlackRock, Inc. BLK $184.31B 25.8
Blackstone Inc. BX $127.43B 23.9
Brookfield Corporation BN $83.74B 69.5

The Asset Management industry average P/E ratio is 9.4x. Nuveen Churchill Direct Lending Corp. trades at a P/E of 10.9.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Nuveen Churchill Direct Lending Corp.

Nuveen Churchill Direct Lending Corp. (the “Company”) is 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's investment objective is to generate attractive risk-adjusted returns primarily through current income by investing primarily in senior secured loans to private equity-owned U.S. middle market companies, which the Company defines as companies with approximately $10.0 million to $100.0 million of earnings before interest, taxes, depreciation and amortization (“EBITDA”). The Company will focus on privately originated debt to performing U.S. middle market companies, with a portfolio expected to comprise primarily of first-lien senior secured debt and unitranche loans (other than last-out positions in unitranche loans) (collectively “Senior Loans”). The Company will also opportunistically invest in junior capital opportunities (second-lien loans, subordinated debt, last-out positions in unitranche loans and equity-related securities) (collectively “Junior Capital Investments”).

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