Nuveen Variable Rate Preferred & Income Fund

Company Profile

Nuveen Variable Rate Preferred & Income Fund had its IPO on 2021-12-16 under the ticker symbol NPFD.

The company operates in the Financial Services sector and Asset Management industry. Nuveen Variable Rate Preferred & Income Fund has a staff strength of 0 employees.

Stock update

Shares of Nuveen Variable Rate Preferred & Income Fund opened at $16.16 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $16.04 - $16.17, and closed at $16.11.

This is a -0.12% slip from the previous day's closing price.

A total volume of 70,301 shares were traded at the close of the day’s session.

In the last one week, shares of Nuveen Variable Rate Preferred & Income Fund have slipped by -0.68%.

Nuveen Variable Rate Preferred & Income Fund's Key Ratios

Nuveen Variable Rate Preferred & Income Fund has a market cap of $391.94 million, indicating a price to book ratio of 0.8325 and a price to sales ratio of 19.625.

In the last 12-months Nuveen Variable Rate Preferred & Income Fund’s revenue was $21.52 million with a gross profit of $21.52 million and an EBITDA of $0. The EBITDA ratio measures Nuveen Variable Rate Preferred & Income Fund's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Nuveen Variable Rate Preferred & Income Fund’s operating margin was 78.45% while its return on assets stood at 0% with a return of equity of 0%.

In Q0.33333333333333, Nuveen Variable Rate Preferred & Income Fund’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Nuveen Variable Rate Preferred & Income Fund’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-1.84 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Nuveen Variable Rate Preferred & Income Fund’s profitability.

Nuveen Variable Rate Preferred & Income Fund stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 19.625.

Nuveen Variable Rate Preferred & Income Fund stock pays annual dividends of $0.828 per share, indicating a yield of 6.46% and a payout ratio of 54.92%.

Balance sheet and cash flow metrics

Total Assets

$790.36 million

Total Liabilities

$3.39 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

54.92%

Nuveen Variable Rate Preferred & Income Fund ended 2024 with $790.36 million in total assets and $0 in total liabilities. Its intangible assets were valued at $790.36 million while shareholder equity stood at $506.38 million.

Nuveen Variable Rate Preferred & Income Fund ended 2024 with $0 in deferred long-term liabilities, $3.39 million in other current liabilities, 241641.00 in common stock, $-97694078.00 in retained earnings and $0 in goodwill. Its cash balance stood at $0.00 and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $0.

Nuveen Variable Rate Preferred & Income Fund’s total current assets stands at $9.79 million while long-term investments were $779.91 million and short-term investments were $0. Its net receivables were $9.79 million compared to accounts payable of $3.39 million and inventory worth $0.

In 2024, Nuveen Variable Rate Preferred & Income Fund's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Nuveen Variable Rate Preferred & Income Fund paid $0.55 in dividends in 2024.

Other key metrics

Current Trading Price

$16.11

52-Week High

$18.4895

52-Week Low

$14.2648

Analyst Target Price

$

Nuveen Variable Rate Preferred & Income Fund stock is currently trading at $16.11 per share. It touched a 52-week high of $18.4895 and a 52-week low of $18.4895. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $15.96 and 200-day moving average was $16.14 The short ratio stood at 0.31 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 1880.5% are held by institutions.