Nuveen Variable Rate Stock Today

NPFD Stock  USD 19.05  0.02  0.11%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 6

 
High
 
Low
Low
Nuveen Variable is trading at 19.05 as of the 31st of January 2025, a 0.11 percent increase since the beginning of the trading day. The stock's lowest day price was 19.0. Nuveen Variable has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 31st of January 2025. Click here to learn more.
Business Domain
Financial Services
IPO Date
16th of December 2021
Classification
Financials
Nuveen Variable Rate Preferred Income Fund operates as a closed-end management investment company. Nuveen Variable operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The company has 24.16 M outstanding shares of which 46.27 K shares are now shorted by private and institutional investors with about 0.45 trading days to cover. More on Nuveen Variable Rate

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Nuveen Stock Highlights

Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Non Current Liabilities Total135.8 M135.8 M
Slightly Down
Slightly volatile
Total Assets613.8 M696.4 M
Fairly Down
Slightly volatile
Total Current Assets85.9 K90.4 K
Notably Down
Slightly volatile
Debt Levels
Nuveen Variable can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nuveen Variable's financial leverage. It provides some insight into what part of Nuveen Variable's total assets is financed by creditors.
Liquidity
Nuveen Variable Rate currently holds 287.26 M in liabilities with Debt to Equity (D/E) ratio of 0.53, which is about average as compared to similar companies. Nuveen Variable Rate has a current ratio of 0.14, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Nuveen Variable's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

17.7 Million
Nuveen Variable Rate (NPFD) is traded on New York Stock Exchange in USA. It is located in 333 West Wacker Drive, Chicago, IL, United States, 60606 and employs 5 people. Nuveen Variable is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 460.33 M. Nuveen Variable Rate conducts business under Capital Markets sector and is part of Financials industry. The entity has 24.16 M outstanding shares of which 46.27 K shares are now shorted by private and institutional investors with about 0.45 trading days to cover. Nuveen Variable generates positive cash flow from operations, but has no cash available
Check Nuveen Variable Probability Of Bankruptcy
Ownership Allocation
Nuveen Variable Rate maintains a total of 24.16 Million outstanding shares. 30% of Nuveen Variable outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Nuveen Ownership Details

Nuveen Variable Historical Income Statement

At present, Nuveen Variable's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 80.7 M, whereas Interest Income is forecasted to decline to about 28.6 M. View More Fundamentals

Nuveen Stock Against Markets

Nuveen Variable Corporate Management

When determining whether Nuveen Variable Rate is a strong investment it is important to analyze Nuveen Variable's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nuveen Variable's future performance. For an informed investment choice regarding Nuveen Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Variable Rate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nuveen Variable. If investors know Nuveen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nuveen Variable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.454
Dividend Share
1.35
Earnings Share
2.71
Revenue Per Share
1.768
Quarterly Revenue Growth
0.074
The market value of Nuveen Variable Rate is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen Variable's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Variable's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuveen Variable's market value can be influenced by many factors that don't directly affect Nuveen Variable's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuveen Variable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Variable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Variable's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.