Is Nuveen California 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 California pays dividends. Last time was Tuesday 1st of October 2024 where the investors holding the stock on Friday 13th of September 2024 were paid $0.076 per share. Over the last 260 times between 2003 and 2024, Nuveen California has paid $16.3584 with an average of $0.06 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Nuveen California 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $15.22, you would have made a loss of $-1.740 per share or -11.43%
Yes, the average daily trading liquidity for Nuveen California is $84 964 thousand. You should therefore be able to get in and out of your positions relatively fast.
Nuveen California has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.05, the company's ability to pay off the debt is limited. Nuveen California has a very good net profit margin of 178.81% and should have very high tolerances against inflation.
We have calculated the inflation risk for Nuveen California 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.