Nuveen Churchill Direct Lending Corp. (NCDL)

Official site

FINANCIAL SERVICES • ASSET MANAGEMENT • NYSE

$10.87

+0.29 (+2.74%)

Market Cap: $522.51M

Last updated: Oct 16, 2026 at 1:55 PM ET

Earnings

Performance (10Y)

Beat Rate

45%(5/11)

Avg Surprise

+0.83%

Streak

1 Q

Upcoming Estimates

Period ending Sep 30, 2026

EPS Consensus$0.38

Range$0.36 - $0.41

5 analysts

EPS RevisionsNo revisions (7d)

30d

EPS Estimate DriftChange to current

90d ago$0.39-2.2%

60d ago$0.39-1.3%

30d ago$0.39-1.5%

7d ago$0.380.0%

Current$0.38

Revenue Consensus

$44M

Range$43M - $44M

3 analysts

Period ending Dec 31, 2026

EPS Consensus$0.38

Range$0.32 - $0.44

5 analysts

Revenue Consensus

$40M

Range$38M - $41M

3 analysts

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Dec 31, 2026Dec 26EST	-	$0.38	$0.32 - $0.44	-	-	5	-	-
Sep 30, 2026Sep 26EST	-	$0.38	$0.36 - $0.41	-	-	5	1 3 30d	-
Jun 30, 2026Jun 26 Reported Aug 6, 2026Reported Aug 6	$0.41	$0.38	$0.38 - $0.41	+7.89%	Beat	5	1 0 30d	-10.9%
Mar 31, 2026Mar 26 Reported May 7, 2026Reported May 7	$0.41	$0.42	$0.42 - $0.43	-2.38%	Miss	6	1 0 30d	-22.6%
Dec 31, 2025Dec 25 Reported Feb 26, 2026Reported Feb 26	$0.44	$0.43	$0.41 - $0.44	+2.33%	Beat	6	1 0 30d	-21.4%
Sep 30, 2025Sep 25 Reported Nov 4, 2025Reported Nov 4	$0.43	$0.45	$0.44 - $0.46	-4.44%	Miss	6	1 0 30d	-25.9%
Jun 30, 2025Jun 25 Reported Aug 6, 2025Reported Aug 6	$0.46	$0.46	$0.45 - $0.50	+0.00%	Beat	6	0 2 30d	-19.3%
Mar 31, 2025Mar 25 Reported May 8, 2025Reported May 8	$0.53	$0.56	$0.55 - $0.58	-5.36%	Miss	6	1 1 30d	-5.4%
Dec 31, 2024Dec 24 Reported Feb 27, 2025Reported Feb 27	$0.56	$0.57	$0.57 - $0.60	-1.75%	Miss	6	0 1 30d	-15.2%
Sep 30, 2024Sep 24 Reported Nov 7, 2024Reported Nov 7	$0.58	$0.59	$0.56 - $0.61	-1.69%	Miss	6	1 0 30d	-
Jun 30, 2024Jun 24 Reported Aug 7, 2024Reported Aug 7	$0.57	$0.58	-	-1.72%	Miss	-	-	-
Mar 31, 2024Mar 24 Reported May 9, 2024Reported May 9	$0.56	$0.51	-	+9.80%	Beat	-	-	-
Dec 31, 2023Dec 23 Reported Feb 27, 2024Reported Feb 27	$0.66	$0.62	-	+6.45%	Beat	-	-	-

Dividends

Dividend Metrics

Forward Yield13.98%

Forward Annual Dividend$1.52

Payout Ratio169.69%

FrequencyQuarterly

Pay MonthsJan, Apr, Jul, Oct

NCDL dividend history and ex-dividend dates Run NCDL in the free DRIP calculator

Key Metrics

Valuation
P/E Ratio	6.43	EV/EBITDA	25.61x
Price/FCF	4.75x	FCF Yield	21.07%
Profitability
Profit Margin	0.00%	Operating Margin	0.00%
ROE	0.00%	ROIC	N/A
Financial Health
Debt/Equity	1.28x	Interest Coverage	2.54x
Current Ratio	N/A	Quick Ratio	N/A
Trading Statistics
Beta	0.52	Avg Volume	266.89K
52-Week High	$14.09	52-Week Low	$10.54

Technical Indicators Dashboard

Moving Averages

SMA 10$10.83

SMA 20$11.12

SMA 50$11.63

SMA 200$12.35

EMA 10$10.88

EMA 20$11.09

EMA 50$11.48

EMA 200$12.22

MACD

Line: -0.27Signal: -0.26Hist: -0.01

ADX

ADX: 24.1+DI: 11.6-DI: 21.8

Aroon & PSAR

Aroon Up8.0

Aroon Down76.0

PSAR$10.55

Bollinger Bands

Upper Band$11.78

Lower Band$10.45

%B Position1200%(Upper)

Band Width0.31

RSI (14-Day)

Neutral

38.8

Momentum Oscillators

Stoch %K14.2

Stoch %D14.5

Williams %R-76.3

ROC (10d)-2.8%

Momentum-0.31

CCI (20d)-69.3

MFI (14d)33.6

Volatility Measures

ATR (14d)$0.37(3.4%)

StdDev (20d)0.33

Hist Vol19.2%(Low)

Volume Flow

VWAP$10.82

OBV-7.3M

AD Line-694.8M

CMF (20d)-1.526

Volume Metrics

Avg Vol (20d)276.9K

Vol Ratio1.0x

VWMA (20d)$11.14

Pivot Points

R3$10.98

R2$10.89

R1$10.74

Pivot Point$10.65

S1$10.49

S2$10.40

S3$10.25

Advanced Oscillators

TSI-38.73

Ultimate Osc37.3

KST-78.96

Financial Data

Quarter	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Total Revenue	$33.07M	$28.68M	$36.73M	$39.96M	$38.19M	$53.59M	$48.31M	$56.05M	$37.34M	$44.30M	$48.92M	$37.49M
Cost of Revenue	$6.17M	$16.16M	$17.07M	$18.38M	$19.31M	$20.64M	$19.26M	$22.29M	$17.69M	$15.34M	$18.12M	$15.17M
Gross Profit	$26.90M	$12.53M	$19.65M	$21.58M	$18.88M	$32.94M	$29.05M	$33.76M	$19.65M	$28.97M	$30.80M	$22.32M

Operating Expenses	$7.42M	$3.58M	$3.46M	$2.92M	$2.96M	$7.74M	$-717,000	$-2,865,000	$-273,000	$-1,198,000	$1.21M	$2.20M
R&D	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
SG&A	$1.82M	$1.99M	$2.40M	$2.09M	$2.17M	$1.42M	$1.39M	$1.72M	$1.77M	$1.66M	$1.20M	$1.32M
Operating Income	$19.48M	$8.94M	$16.20M	$18.66M	$15.92M	$25.20M	$29.76M	$36.63M	$19.92M	$30.16M	$29.60M	$20.12M

Interest Income	$44.20M	$45.98M	$49.48M	$50.60M	$52.48M	$53.21M	$55.96M	$59.82M	$54.55M	$51.07M	$48.64M	$41.32M
Interest Expense	$16.57M	$16.16M	$17.07M	$18.38M	$19.31M	$18.46M	$19.26M	$22.29M	$17.69M	$16.94M	$18.12M	$15.17M
Income Before Tax	$2.91M	$8.94M	$16.20M	$18.66M	$15.92M	$27.45M	$29.76M	$36.63M	$19.92M	$30.16M	$28.77M	$20.12M
Income Tax Expense	$-680,000	$255,000	$276,000	$4,000	$-92,000	$39,000	$313,000	$-18,000	$-282,000	$141,000	$0	$-27,000

Net Income	$3.59M	$8.69M	$15.92M	$18.66M	$16.02M	$27.41M	$29.45M	$36.64M	$20.20M	$30.02M	$28.77M	$20.15M

EBITDA	$19.48M	$8.94M	$16.20M	$18.66M	$15.92M	$48.09M	$29.76M	$37.90M	$20.59M	$30.16M	$29.60M	$20.12M
EBIT	N/A	N/A	N/A	$37.86M	N/A	N/A	N/A	$36.63M	$19.92M	N/A	N/A	N/A

* Some calculated fields are derived from available data when not provided by source

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News

Nuveen Churchill Direct Lending schedules Q3FY26 earnings release for Nov 3

Nuveen Churchill Direct Lending Corp. will release its Q3FY26 financial results on Tuesday, November 3, 2026, before market open. The company will host an earnings conference call and webcast at 10:00 AM ET on the same...

scanx.trade•Oct 15, 2026 8:12 PM ET10/15/26•Neutral

Nuveen Churchill Direct Lending Corp. Schedules Third Quarter 2026 Earnings Release and Conference Call

Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) announced it will release its third-quarter 2026 financial results on Tuesday, November 3, 2026...

Yahoo Finance•Oct 15, 2026 4:12 PM ET10/15/26•Neutral

NCDL5981405 Bond Profile: Coupon and Redemption

This article provides a detailed profile of the Nuveen Churchill Direct Lending Corp. bond NCDL5981405, highlighting its key characteristics. It outlines important details such as the issuer, issue and maturity dates...

TradingView•Oct 9, 2026 6:10 PM ET10/9/26•Neutral

Full Transcript: Nuveen Churchill Direct Q2 2026 Earnings Call

Nuveen Churchill Direct (NCDL) reported Q2 2026 net investment income of $0.41 per share, fully covering its $0.36 quarterly distribution...

Benzinga•Oct 9, 2026 6:40 AM ET10/9/26•Somewhat-Bullish

US67090SAA69 Bond Profile: Coupon and Redemption

This article provides a detailed profile of the Nuveen Churchill Direct Lending Corp. 6.65% 15-MAR-2030 bond (US67090SAA69). It outlines key facts such as issuer, issue and maturity dates, face value...

TradingView•Oct 9, 2026 5:40 AM ET10/9/26•Neutral

NCDL Valuation and Fair Value

P/E: 6.4x
Forward P/E: 8.4x
EV/EBITDA: 25.6x
P/FCF: 4.7x
P/B: 0.6x

See GNG's fair value

NCDL Profitability: Margins, ROIC and FCF

Gross margin: 58.3%
Operating margin: 0.0%
Net margin: 0.0%
ROE: 0.0%
FCF margin: 81.7%
FCF yield: 21.1%

NCDL Competitors

Company	Ticker
MSC Income Fund, Inc.	MSIF
HarborOne Bancorp Inc	HONE
Flushing Financial Corporation	FFIC
Home Bancorp Inc	HBCP
Cantor Equity Partners III, Inc. Class A Ordinary Shares	CAEP
Noah Holdings Ltd	NOAH
Northrim BanCorp Inc	NRIM
Spring Valley Acquisition Corp. III	SVACU

Sector: Financial Services

NCDL Analyst Ratings

Consensus: Hold
Analysts: 5
Strong Buy: 0
Buy: 3
Hold: 1
Sell: 1
Strong Sell: 0

NCDL Bull Case vs Bear Case

Bull case

NCDL converts 81.7% of revenue into free cash flow.
60.0% of NCDL's analyst ratings are Buy or Strong Buy.

Bear case

NCDL beat EPS estimates in 25.0% of its last 8 reported quarters.

NCDL Earnings: Beat Rate and Next Report

Beat rate: 2 of 8 quarters (25.0%)
Average surprise: -0.7%
EPS estimate (fiscal period ending Sep 30, 2026): $0.38
Estimate revisions (30 days, fiscal period ending Sep 30, 2026): 1 up, 3 down

NCDL Dividend

Forward yield: 14.0%
Payout ratio: 169.7%
Pay months: Jan, Apr, Jul, Oct

NCDL dividend history

Frequently Asked Questions About NCDL

What is NCDL's current dividend yield?

Nuveen Churchill Direct Lending Corp. (NCDL) has a forward dividend yield of 13.98%.

Does NCDL pay dividends?

Yes, Nuveen Churchill Direct Lending Corp. pays dividends with a forward dividend yield of 13.98%.

What is NCDL's P/E ratio?

Nuveen Churchill Direct Lending Corp. has a price-to-earnings (P/E) ratio of 6.43.

What is NCDL's market cap?

Nuveen Churchill Direct Lending Corp. (NCDL) has a market capitalization of $522.51M with a current stock price of $10.87.

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