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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.

NCDL

$12.52

−$0.05 (−0.40%)

Sep 4, 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 Sep 4, 2026
Trading
Open
$12.55
Previous Close
$12.57
Day's Range
12.46–12.62
52-Week Range
11.97–16.18
Volume
159.20K
Valuation
Market Cap
$618.33M
P/E Ratio
13.32
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
8.15
EPS (ttm)Profit attributable to each share over the last twelve months.
0.94
Financials (FY)
Revenue (FY)
$76.61M−31.24%
Net Income (FY)
$65.61M−43.59%
Profit marginThe share of revenue left as profit after all costs and taxes.
0.00%
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
−11.28%
Dividend and dates
Dividend
$1.52+12.09%
Ex-Dividend Date
September 30, 2026
Avg Volume
185.24K

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

NCDL Stock Return by Calendar Year

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

YearReturn
2026 (partial year)−0.23%
2025−9.92%
2024+6.15%

As of September 4, 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 561 stocks
MetricNCDLAsset Management medianvs median
P/E13.3210.3429% above
Profit margin0.00%24.09%24.1 pts below

Medians across 561 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 7 articles ↓

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

Analysis

Data-derived

Company Overview

Nuveen Churchill Direct Lending Corp. (NCDL) is capitalised at $618.33M on the latest close. The company sits in the Financial Services sector, in the Asset Management industry.

NCDL last closed at $12.52 on September 4, 2026. That is −$0.05 (−0.40%) against the previous close. The 52-week range on file runs from $11.97 to $16.18. The latest close sits 4.59% 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. Profit margin runs at 0%. That is 24.1 percentage points below the Asset Management median of 24.09%. Trailing earnings per share are 0.94.

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 13.32. That is 28.82% above the Asset Management median of 10.34. The forward P/E on file is 8.15. 561 Asset Management companies report these metrics, and the medians quoted come from that group.

Annualized volatility over the trailing 2 years is 21.09%. The trailing one-year price return is −11.28%. The stored price history starts on January 25, 2024, and the total return since then is −4.59%.

Growth & Income

Shareholders receive a dividend, yielding 12.09% on the latest price. That is 4 percentage points above the Asset Management median yield of 8.11%. 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 price is −0.23%.

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 $618.33M 13.3
BlackRock, Inc. BLK $182.35B 26.9
Blackstone Inc. BX $162.74B 30.5
KKR & Co. Inc. KKR $99.50B 34.4

The Asset Management industry average P/E ratio is 10.3x. Nuveen Churchill Direct Lending Corp. trades at a P/E of 13.3.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 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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