NCDL · Nuveen Churchill Direct Lending Corp.
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 6, 2026TL;DR. NCDL reported Q2 net investment income of $0.41 per share covering its $0.36 regular distribution, but NAV declined to $17.19 from $17.50 due to realized and unrealized losses, while non-accruals rose to 1.5% of the portfolio at fair value. Post-quarter, the company redeemed CLO-III at par, issued an additional $100 million of 2030 unsecured notes, and formed an institutional joint venture expected to be accretive to earnings.
- + Interest coverage on first lien loans improved to 2.5x from 2.3x and portfolio net leverage remained at 5.2x
- + Portfolio remains well-diversified across 244 companies and 26 industries with top 10 positions at only 13.2% of fair value
- − Non-accruals rose to 1.5% of portfolio at fair value (2.7% at cost) with four new additions totaling $33.3M cost / $18.7M fair value
- − Watch list increased to 10.8% of fair value from 8.4% at end of Q1
- − Gross originations fell sharply to $12.1M from $82.9M in Q1 amid slower PE-sponsored deal activity
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Versus peers
Asset Management — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
NCDL
this stock
Nuveen Churchill Direct Lending Corp.
|
$619.31M | -6.0% | — | — | 1.1% |
|
BLK
BlackRock, Inc.
|
$375.52B | +5.4% | +16.2% | 27.7 | 0.6% |
|
BX
Blackstone Inc.
|
$107.52B | -11.3% | +9.2% | 32.1 | 2.9% |
|
KKR
KKR & Co. Inc.
|
$95.52B | -16.5% | -11.0% | — | 1.4% |
|
BN
BROOKFIELD Corp /ON/
|
$92.02B | -13.4% | — | — | 0.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| NCDL | +1.5% | -1.5% | -5.8% | +0.2% | -6.0% |
| SPY | -0.5% | -1.2% | +12.6% | -0.7% | +11.7% |
| vs SPY | +2.0% | -0.3% | -18.4% | +0.9% | -17.7% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.