Is Nuveen New York Municipal 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 New York Municipal pays dividends. Last time was Tuesday 1st of October 2024 where the investors holding the stock on Friday 13th of September 2024 were paid $0.0295 per share. Over the last 446 times between 1987 and 2024, Nuveen New York Municipal has paid $18.6553 with an average of $0.04 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Nuveen New York Municipal 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $10.40, you would have made a loss of $-1.890 per share or -18.17%
No, the average daily trading liquidity for Nuveen New York Municipal is $38 038 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Nuveen New York Municipal has no real debt, which is good in periods of high inflation. Nuveen New York Municipal has a very good net profit margin of 446.53% and should have very high tolerances against inflation.
We have calculated the inflation risk for Nuveen New York Municipal to be low [0.3 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.