Nuveen Variable Rate Stock Today
| NPFD Stock | USD 19.29 0.28 1.47% |
Performance9 of 100
| Odds Of DistressLess than 3
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Nuveen Variable is trading at 19.29 as of the 1st of December 2024, a 1.47 percent increase since the beginning of the trading day. The stock's lowest day price was 19.01. Nuveen Variable has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Nuveen Variable Rate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2024 and ending today, the 1st of December 2024. 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 25.97 K shares are now shorted by private and institutional investors with about 0.28 trading days to cover. More on Nuveen Variable Rate
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Nuveen Stock Highlights
| Business Concentration | Asset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||
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Financial Strength
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| Debt LevelsNuveen 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. | ||||||||||||||||||||||||||||||||||||
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 466.13 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 25.97 K shares are now shorted by private and institutional investors with about 0.28 trading days to cover.
Nuveen Variable generates positive cash flow from operations, but has no cash available
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Ownership AllocationNuveen 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.
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Nuveen Variable Historical Income Statement
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Nuveen Variable Corporate Management
| Mark Winget | VP Secretary | Profile | |
| Scott Wickerham | VP Controller | Profile | |
| E Wickerham | VP Controller | Profile | |
| David Lamb | Chief Officer | Profile | |
| Gifford CFA | VP Officer | Profile |
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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.