Nuveen Churchill Direct Lending Corp's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 38/116 in the Investment Banking & Investment Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 16.04.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Nuveen Churchill Direct Lending Corp's Score
Industry at a Glance
Industry Ranking
38 / 116
Overall Ranking
153 / 4568
Industry
Investment Banking & Investment Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
6
analysts
Buy
Current Rating
16.042
Target Price
+8.83%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Nuveen Churchill Direct Lending Corp Highlights
StrengthsRisks
Nuveen Churchill Direct Lending Corp. is a specialty finance company. The Company's investment objective is to generate attractive risk-adjusted returns through current income by investing primarily in senior secured loans to private equity-owned United States middle market companies. It invests in directly originated senior secured loans that typically pay floating interest rates and are senior in the capital structure to junior debt and equity. It primarily focuses on investments in United States middle market companies with $10 million to $100 million of EBITDA, which it considers the core middle market. Its portfolio is comprised primarily of first-lien senior secured debt and unitranche loans. It also opportunistically invests in junior capital opportunities, including second-lien loans, equity co-investments and similar equity-related securities. It is externally managed by its investment adviser, Churchill DLC Advisor LLC, and by its sub-adviser, Churchill Asset Management LLC.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 301.87% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 218.13M.
Undervalued
The company’s latest PB is 0.76, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 26.11M shares, increasing 28.73% quarter-over-quarter.
Nuveen Churchill Direct Lending Corp. is a specialty finance company. The Company's investment objective is to generate attractive risk-adjusted returns through current income by investing primarily in senior secured loans to private equity-owned United States middle market companies. It invests in directly originated senior secured loans that typically pay floating interest rates and are senior in the capital structure to junior debt and equity. It primarily focuses on investments in United States middle market companies with $10 million to $100 million of EBITDA, which it considers the core middle market. Its portfolio is comprised primarily of first-lien senior secured debt and unitranche loans. It also opportunistically invests in junior capital opportunities, including second-lien loans, equity co-investments and similar equity-related securities. It is externally managed by its investment adviser, Churchill DLC Advisor LLC, and by its sub-adviser, Churchill Asset Management LLC.