Nuveen Dynamic Municipal Stock Today

NDMO Stock  USD 10.68  0.04  0.37%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Over 75

 
High
 
Low
High
Nuveen Dynamic is selling at 10.68 as of the 25th of April 2024; that is -0.37 percent decrease since the beginning of the trading day. The stock's open price was 10.72. Nuveen Dynamic has a very high chance of experiencing financial distress in the next few years of operation. However, it had a very good returns during the last 90 days. Equity ratings for Nuveen Dynamic Municipal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
27th of August 2020
Classification
Financials
Nuveen Dynamic is entity of United States. It is traded as Stock on NYSE exchange. The company has 59.56 M outstanding shares of which 29.32 K shares are now shorted by private and institutional investors with about 0.18 trading days to cover. More on Nuveen Dynamic Municipal

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Nuveen Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nuveen Dynamic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nuveen Dynamic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Financials, Capital Markets, Materials, Materials (View all Sectors)
Average Analyst Recommendation
Analysts covering Nuveen Dynamic report their recommendations after researching Nuveen Dynamic's financial statements, talking to executives and customers, or listening in on Nuveen Dynamic's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Nuveen Dynamic Municipal. The Nuveen consensus assessment is calculated by taking the average forecast from all of the analysts covering Nuveen Dynamic.
Financial Strength
Based on the measurements of operating efficiency obtained from Nuveen Dynamic's historical financial statements, Nuveen Dynamic Municipal is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Nuveen Dynamic Municipal is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities29.2 M33 M
Fairly Down
Slightly volatile
Non Current Liabilities Total209.4 M272.2 M
Significantly Down
Slightly volatile
Total Assets836.6 M775 M
Significantly Up
Slightly volatile
Total Current Assets24.7 M26 M
Notably Down
Slightly volatile
Nuveen Dynamic Municipal (NDMO) is traded on New York Stock Exchange in USA. It is located in 333 West Wacker Drive, Chicago, IL, United States, 60606 . Nuveen Dynamic is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 638.51 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nuveen Dynamic's market, we take the total number of its shares issued and multiply it by Nuveen Dynamic's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Nuveen Dynamic Municipal conducts business under Capital Markets sector and is part of Financials industry. The entity has 59.56 M outstanding shares of which 29.32 K shares are now shorted by private and institutional investors with about 0.18 trading days to cover.
Check Nuveen Dynamic Probability Of Bankruptcy
Ownership Allocation
Nuveen Dynamic Municipal holds a total of 59.56 Million outstanding shares. Roughly 90.0 % of Nuveen Dynamic outstanding shares are held by general public with 10.25 % by institutional investors. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Nuveen Ownership Details

Nuveen Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Nuveen Dynamic jumping above the current price in 90 days from now is about 42.07%. The Nuveen Dynamic Municipal probability density function shows the probability of Nuveen Dynamic stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Nuveen Dynamic has a beta of 0.4911. This indicates as returns on the market go up, Nuveen Dynamic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nuveen Dynamic Municipal will be expected to be much smaller as well. Additionally, nuveen Dynamic Municipal has an alpha of 0.0934, implying that it can generate a 0.0934 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 10.68HorizonTargetOdds Above 10.68
57.59%90 days
 10.68 
42.07%
Based on a normal probability distribution, the odds of Nuveen Dynamic to move above the current price in 90 days from now is about 42.07 (This Nuveen Dynamic Municipal probability density function shows the probability of Nuveen Stock to fall within a particular range of prices over 90 days) .

Nuveen Dynamic Historical Income Statement

Nuveen Dynamic Municipal Income Statement is one of the three primary financial statements used for reporting Nuveen's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Nuveen Dynamic Municipal revenue and expense. Nuveen Dynamic Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Nuveen Dynamic's EBIT is very stable compared to the past year. As of the 25th of April 2024, EBITDA is likely to grow to about 14.2 M, while Selling General Administrative is likely to drop about 428.2 K. View More Fundamentals

Nuveen Stock Against Markets

Picking the right benchmark for Nuveen Dynamic stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nuveen Dynamic stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nuveen Dynamic is critical whether you are bullish or bearish towards Nuveen Dynamic Municipal at a given time. Please also check how Nuveen Dynamic's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nuveen Dynamic without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Nuveen Stock?

Before investing in Nuveen Dynamic, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nuveen Dynamic. To buy Nuveen Dynamic stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nuveen Dynamic. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Nuveen Dynamic stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Nuveen Dynamic Municipal stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Nuveen Dynamic Municipal stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Nuveen Dynamic Municipal, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Nuveen Stock please use our How to Invest in Nuveen Dynamic guide.

Already Invested in Nuveen Dynamic Municipal?

The danger of trading Nuveen Dynamic Municipal is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nuveen Dynamic is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nuveen Dynamic. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nuveen Dynamic Municipal is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Nuveen Dynamic Municipal offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nuveen Dynamic'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 Dynamic Municipal Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nuveen Dynamic Municipal Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Dynamic Municipal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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Is Nuveen Dynamic's industry 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 Dynamic. 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 Dynamic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.59)
The market value of Nuveen Dynamic Municipal 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 Dynamic's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Dynamic'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 Dynamic's market value can be influenced by many factors that don't directly affect Nuveen Dynamic'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 Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Dynamic'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.