NCDL

Company Overview — What Does Nuveen Churchill Direct Lending Corp. Do?

Nuveen Churchill Direct Lending Corp. (NCDL) is a small-cap company in the Other sector. The stock has a market capitalization of $628M, making it a notable participant in its sector. Investors researching NCDL stock will find a comprehensive, data-driven analysis below covering valuation, profitability, growth, dividends, and peer comparisons for the Other space.

Nuveen Churchill Direct Lending Corp. (NCDL) Stock Rating — Reduce (April 2026)

As of April 2026, Nuveen Churchill Direct Lending Corp. receives a Reduce rating with a composite score of 38.3/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.NCDL ranks #3,153 out of 4,446 stocks in our coverage universe. Within the Other sector, Nuveen Churchill Direct Lending Corp. ranks #22 of 37 stocks, placing it in the lower half of its Other peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

NCDL Stock Price and 52-Week Range

Nuveen Churchill Direct Lending Corp. (NCDL) currently trades at $13.10. Recent trading volume was 0 shares, suggesting relatively thin trading activity.

Is NCDL Overvalued or Undervalued? — Valuation Analysis

Nuveen Churchill Direct Lending Corp. (NCDL) carries a value factor score of 35/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The trailing price-to-earnings ratio is 7.26x, compared to the Other sector average of 19.28x — a discount of 62%. The price-to-book ratio stands at 0.72x, versus the sector average of 1.24x. The price-to-sales ratio is 1.68x, compared to 1.07x for the average Other stock.

At current multiples, Nuveen Churchill Direct Lending Corp. trades at a premium to most Other peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

Nuveen Churchill Direct Lending Corp. Profitability — ROE, Margins, and Quality Score

Nuveen Churchill Direct Lending Corp. (NCDL) earns a quality factor score of 25/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 9.9%, compared to the Other sector average of 8.4%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 4.2% versus the sector average of 1.3%.

Net profit margin stands at 70.2%, versus 6.4% for the average Other stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

NCDL Debt, Balance Sheet, and Financial Health

Nuveen Churchill Direct Lending Corp. has a debt-to-equity ratio of 127.0%, compared to the Other sector average of 90.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.74x, suggesting adequate working capital coverage. Total debt on the balance sheet is $1.11B.

NCDL has a beta of 0.57, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for Nuveen Churchill Direct Lending Corp. is 86/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.

Nuveen Churchill Direct Lending Corp. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Nuveen Churchill Direct Lending Corp. reported revenue of $94M and earnings per share (EPS) of $1.86. Net income for the quarter was $86M.

In FY 2025, Nuveen Churchill Direct Lending Corp. reported revenue of $94M and earnings per share (EPS) of $1.86. Net income for the quarter was $66M.

In Q3 2025, Nuveen Churchill Direct Lending Corp. reported revenue of N/A and earnings per share (EPS) of $0.43. Net income for the quarter was $19M.

In Q2 2025, Nuveen Churchill Direct Lending Corp. reported revenue of N/A and earnings per share (EPS) of $0.46. Net income for the quarter was $16M.

Over the past 8 quarters, Nuveen Churchill Direct Lending Corp. has reported varying levels of revenue. Investors analyzing NCDL stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

NCDL Dividend Yield and Income Analysis

Nuveen Churchill Direct Lending Corp. (NCDL) does not currently pay a dividend. This is common among smaller companies in the Other industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Other dividend stocks may want to explore other Other stocks or use the stock screener to filter by dividend yield.

NCDL Momentum and Technical Analysis Profile

Nuveen Churchill Direct Lending Corp. (NCDL) has a momentum factor score of 31/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 25/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 66/100 reflects moderate short selling activity.

NCDL vs Competitors — Other Sector Ranking and Peer Comparison

Within the Other sector, Nuveen Churchill Direct Lending Corp. (NCDL) ranks #22 out of 37 stocks based on the Blank Capital composite score. This places NCDL in the lower half of all Other stocks in our coverage universe. Key competitors and sector peers include Berkshire Hathaway Inc Class A (BRK.A) with a score of 53.5/100, Brown-Forman Corp Class A (BF.A) with a score of 48.2/100, Crawford & Company Class A (CRD.A) with a score of 50.5/100, Moog Inc Class A (MOG.A) with a score of 42.6/100, and TEXTRON INC (TXT) with a score of 51.2/100.

Comparing NCDL against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full NCDL vs S&P 500 (SPY) comparison to assess how Nuveen Churchill Direct Lending Corp. stacks up against the broader market across all factor dimensions.

NCDL Next Earnings Date

No upcoming earnings date has been announced for Nuveen Churchill Direct Lending Corp. (NCDL) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy NCDL? — Investment Thesis Summary

The quantitative profile for Nuveen Churchill Direct Lending Corp. suggests caution. The quality score of 25/100 flags below-average profitability. The value score of 35/100 indicates premium valuation. Momentum is weak at 31/100, a headwind for near-term performance. Low volatility (stability score 86/100) reduces downside risk.

In summary, Nuveen Churchill Direct Lending Corp. (NCDL) earns a Reduce rating with a composite score of 38.3/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on NCDL stock.

Related Resources for NCDL Investors

Explore more research and tools: NCDL vs S&P 500 comparison, top Other stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare NCDL head-to-head with peers: NCDL vs BRK.A, NCDL vs BF.A, NCDL vs CRD.A.