Nuveen New York Stock Today

NXN Stock  USD 11.82  0.06  0.51%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Over 69

 
High
 
Low
Quite High
Nuveen New is selling at 11.82 as of the 28th of November 2024; that is 0.51% increase since the beginning of the trading day. The stock's open price was 11.76. Nuveen New has more than 69 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Nuveen New York are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
19th of June 1992
Classification
Financials
Nuveen New York Select Tax-Free Income Portfolio is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. Nuveen New York Select Tax-Free Income Portfolio was formed on June 19, 1992 and is domiciled in the United States. Nuveen Insured is traded on New York Stock Exchange in the United States.. The company has 3.92 M outstanding shares of which 9.53 K shares are now shorted by investors with about 1.0 days to cover. More on Nuveen New York

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Nuveen Stock Highlights

ChairmanTerence Toth
Old NameInternational Consolidated Uranium Inc
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities144.7 K152.3 K
Notably Down
Slightly volatile
Non Current Liabilities Total378.1 K224.9 K
Way Up
Slightly volatile
Total Assets44.3 M50.3 M
Fairly Down
Slightly volatile
Total Current Assets1.9 M1.9 M
Fairly Down
Slightly volatile
Debt Levels
Nuveen New can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nuveen New's financial leverage. It provides some insight into what part of Nuveen New's total assets is financed by creditors.
Liquidity
Nuveen New York has 224.92 K in debt with debt to equity (D/E) ratio of 0.01, which may show that the company is not taking advantage of profits from borrowing. Nuveen New York has a current ratio of 10.59, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Nuveen to invest in growth at high rates of return.

Change In Cash

(481,937)
Nuveen New York (NXN) is traded on New York Stock Exchange in USA. It is located in 333 West Wacker Drive, Chicago, IL, United States, 60606-1220 and employs 34 people. Nuveen New is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 46.16 M. Nuveen New York runs under Capital Markets sector within Financials industry. The entity has 3.92 M outstanding shares of which 9.53 K shares are now shorted by investors with about 1.0 days to cover.
Check Nuveen New Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Nuveen New York is $46.16 Million. Roughly 80.91 % of Nuveen New outstanding shares are held by general public with 19.09 % by institutional investors. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Nuveen Ownership Details

Nuveen New Historical Income Statement

At this time, Nuveen New's Total Other Income Expense Net is very stable compared to the past year. As of the 28th of November 2024, Net Income Applicable To Common Shares is likely to grow to about 1.4 M, while Total Revenue is likely to drop about 1.5 M. View More Fundamentals

Nuveen Stock Against Markets

Nuveen New Corporate Directors

Robert YoungIndependent DirectorProfile
Jack EvansIndependent DirectorProfile
Judith StockdaleIndependent DirectorProfile
Margaret WolffIndependent DirectorProfile
When determining whether Nuveen New York offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nuveen New's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nuveen New York Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nuveen New York Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen New York. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nuveen New. If investors know Nuveen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nuveen New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Dividend Share
0.463
Earnings Share
0.81
Revenue Per Share
0.526
Quarterly Revenue Growth
0.115
The market value of Nuveen New York is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen New's value that differs from its market value or its book value, called intrinsic value, which is Nuveen New's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuveen New's market value can be influenced by many factors that don't directly affect Nuveen New's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuveen New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen New's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.