Is Nuveen Credit Strategies stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Nuveen Credit Strategies pays dividends. Last time was Tuesday 1st of October 2024 where the investors holding the stock on Friday 13th of September 2024 were paid $0.054 per share. Over the last 216 times between 2003 and 2024, Nuveen Credit Strategies has paid $17.1683 with an average of $0.08 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Nuveen Credit Strategies 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $7.60, you would have made a loss of $-1.740 per share or -22.89%
Yes, the average daily trading liquidity for Nuveen Credit Strategies is $624 400 thousand. You should therefore be able to get in and out of your positions relatively fast.
Nuveen Credit Strategies has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.17, the company's ability to pay off the debt is normal. Nuveen Credit Strategies has a very good net profit margin of 90.38% and should have very high tolerances against inflation.
We have calculated the inflation risk for Nuveen Credit Strategies to be low [0.45 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.