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Nuveen Municipal Credit Opportunities Fund NYSE:NMCO Stock Report

Last Price

US$10.41

Market Cap

US$570.5m

7D

-3.3%

1Y

-7.1%

Updated

25 Sep, 2023

Data

Company Financials

Nuveen Municipal Credit Opportunities Fund

NYSE:NMCO Stock Report

Mkt Cap: US$570.5m

NMCO Stock Overview

No business description

NMCO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends2/6

Nuveen Municipal Credit Opportunities Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nuveen Municipal Credit Opportunities Fund
Historical stock prices
Current Share PriceUS$10.41
52 Week HighUS$12.54
52 Week LowUS$10.21
Beta0.64
1 Month Change-5.36%
3 Month Change-6.30%
1 Year Change-7.14%
3 Year Change-16.12%
5 Year Changen/a
Change since IPO-31.92%

Recent News & Updates

Recent updates

Nuveen Municipal Credit Opportunities Fund declares $0.0525 dividend

Feb 07

Nuveen Municipal Credit Opportunities Fund dividend declines by 8.7% to $0.0525

Jan 11

Nuveen Municipal Credit Opportunities Fund declares $0.0575 dividend

Dec 06

Nuveen Municipal Credit Opportunities Fund declares $0.0575 dividend

Oct 06

Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend

Sep 02

Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend

Aug 08

Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend

Jul 06

Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend

May 10

Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend

Jan 05

Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend

Dec 02

Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend

Nov 03

Shareholder Returns

NMCOUS Capital MarketsUS Market
7D-3.3%-4.0%-3.1%
1Y-7.1%11.0%15.1%

Return vs Industry: NMCO underperformed the US Capital Markets industry which returned 11% over the past year.

Return vs Market: NMCO underperformed the US Market which returned 15.1% over the past year.

Price Volatility

Is NMCO's price volatile compared to industry and market?
NMCO volatility
NMCO Average Weekly Movement2.1%
Capital Markets Industry Average Movement1.3%
Market Average Movement5.5%
10% most volatile stocks in US Market14.2%
10% least volatile stocks in US Market2.5%

Stable Share Price: NMCO is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: NMCO's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/an/a

Nuveen Municipal Credit Opportunities Fund Fundamentals Summary

How do Nuveen Municipal Credit Opportunities Fund's earnings and revenue compare to its market cap?
NMCO fundamental statistics
Market CapUS$570.49m
Earnings (TTM)-US$32.58m
Revenue (TTM)US$63.61m

9.0x

P/S Ratio

-17.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NMCO income statement (TTM)
RevenueUS$63.61m
Cost of RevenueUS$0
Gross ProfitUS$63.61m
Other ExpensesUS$96.19m
Earnings-US$32.58m

Last Reported Earnings

Apr 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.59
Gross Margin100.00%
Net Profit Margin-51.22%
Debt/Equity Ratio72.5%

How did NMCO perform over the long term?

See historical performance and comparison

Dividends

5.8%

Current Dividend Yield

-119%

Payout Ratio