Is Nuveen Variable Rate 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 Variable Rate pays dividends. Last time was Tuesday 1st of October 2024 where the investors holding the stock on Friday 13th of September 2024 were paid $0.1675 per share. Over the last 32 times between 2022 and 2024, Nuveen Variable Rate has paid $3.777 with an average of $0.12 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Nuveen Variable Rate 10 years ago, but if you had invested on Thursday 16th of December 2021 when the price was $25.00, you would have made a loss of $-6.17 per share or -24.68%
Yes, the average daily trading liquidity for Nuveen Variable Rate is $87 680 thousand. You should therefore be able to get in and out of your positions relatively fast.
Nuveen Variable Rate 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 0.08, the company's ability to pay off the debt is limited. Nuveen Variable Rate has a very good net profit margin of 132.87% and should have very high tolerances against inflation.
We have calculated the inflation risk for Nuveen Variable Rate 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.