| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
NNY Stock Overview
Nuveen New York Municipal Value Fund, Inc.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$9.41 |
| 52 Week High | US$10.35 |
| 52 Week Low | US$9.41 |
| Beta | 0.095 |
| 1 Month Change | -7.20% |
| 3 Month Change | -2.89% |
| 1 Year Change | -6.09% |
| 3 Year Change | -0.21% |
| 5 Year Change | -0.84% |
| Change since IPO | -11.44% |
Recent News & Updates
Nuveen New York Municipal Value Fund declares $0.0255 dividend
Nuveen New York Municipal Value Fund (NNY) declares $0.0255/share monthly dividend, in line with previous.Forward yield 3.12%Payable June 1; for shareholders of record May 14; ex-div May 13.See NNY Dividend Scorecard, Yield Chart, & Dividend Growth.
Nuveen New York Municipal Value Fund declares $0.0255 dividend
Nuveen New York Municipal Value Fund (NNY) declares $0.0255/share monthly dividend, in line with previous.Forward yield 3.06%Payable Feb. 1; for shareholders of record Jan. 15; ex-div Jan. 14.See NNY Dividend Scorecard, Yield Chart, & Dividend Growth.
Nuveen New York Municipal Value Fund declares $0.0255 dividend
Nuveen New York Municipal Value Fund (NNY) declares $0.0255/share monthly dividend, in line with previous.Forward yield 3.0%Payable Dec. 31; for shareholders of record Dec. 15; ex-div Dec. 14.See NNY Dividend Scorecard, Yield Chart, & Dividend Growth.
Shareholder Returns
| NNY | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -2.6% | -5.5% | -4.6% |
| 1Y | -6.1% | 24.6% | 7.7% |
Return vs Industry: NNY underperformed the US Capital Markets industry which returned 25.7% over the past year.
Return vs Market: NNY underperformed the US Market which returned 10.2% over the past year.
Price Volatility
| NNY volatility | |
|---|---|
| NNY Average Weekly Movement | 1.8% |
| Capital Markets Industry Average Movement | 0.7% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: NNY is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: NNY's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | n/a | n/a | https://www.nuveen.com/CEF/Product/Overview.aspx?FundCode=NNY |
Nuveen New York Municipal Value Fund, Inc. is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.
Nuveen New York Municipal Value Fund Fundamentals Summary
| NNY fundamental statistics | |
|---|---|
| Market Cap | US$177.72m |
| Earnings (TTM) | US$8.40m |
| Revenue (TTM) | US$5.56m |
21.2x
P/E Ratio32.0x
P/S RatioIs NNY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NNY income statement (TTM) | |
|---|---|
| Revenue | US$5.56m |
| Cost of Revenue | US$0 |
| Gross Profit | US$5.56m |
| Expenses | -US$2.84m |
| Earnings | US$8.40m |
Last Reported Earnings
Aug 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.44 |
| Gross Margin | 100.00% |
| Net Profit Margin | 151.12% |
| Debt/Equity Ratio | 0.0% |
How did NNY perform over the long term?
See historical performance and comparisonDividends
2.9%
Current Dividend Yield68%
Payout RatioValuation
Is Nuveen New York Municipal Value Fund undervalued compared to its fair value and its price relative to the market?
21.17x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NNY ($9.41) is trading above our estimate of fair value ($4.28)
Significantly Below Fair Value: NNY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NNY is poor value based on its PE Ratio (21.2x) compared to the US Capital Markets industry average (15.5x).
PE vs Market: NNY is poor value based on its PE Ratio (21.2x) compared to the US market (17x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NNY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NNY is good value based on its PB Ratio (0.9x) compared to the US Capital Markets industry average (42.2x).
Future Growth
How is Nuveen New York Municipal Value Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
6.3%
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Nuveen New York Municipal Value Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Nuveen New York Municipal Value Fund performed over the past 5 years?
10.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NNY has a large one-off gain of $3.7M impacting its August 31 2021 financial results.
Growing Profit Margin: NNY's current net profit margins are higher than last year (28.2%).
Past Earnings Growth Analysis
Earnings Trend: NNY's earnings have grown by 10.2% per year over the past 5 years.
Accelerating Growth: NNY's earnings growth over the past year (410.4%) exceeds its 5-year average (10.2% per year).
Earnings vs Industry: NNY earnings growth over the past year (410.4%) exceeded the Capital Markets industry 86.4%.
Return on Equity
High ROE: NNY's Return on Equity (4.3%) is considered low.
Financial Health
How is Nuveen New York Municipal Value Fund's financial position?
Financial Position Analysis
Short Term Liabilities: NNY's short term assets ($3.2M) exceed its short term liabilities ($564.7K).
Long Term Liabilities: NNY has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NNY is debt free.
Reducing Debt: NNY has no debt compared to 5 years ago when its debt to equity ratio was 2.1%.
Debt Coverage: NNY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NNY has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Nuveen New York Municipal Value Fund current dividend yield, its reliability and sustainability?
2.93%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NNY's dividend (2.93%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: NNY's dividend (2.93%) is low compared to the top 25% of dividend payers in the US market (3.48%).
Stability and Growth of Payments
Stable Dividend: NNY's dividends per share have been stable in the past 10 years.
Growing Dividend: NNY's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (68.3%), NNY's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Management
How experienced are the management team and are they aligned to shareholders interests?
16.0yrs
Average board tenure
CEO
Nuveen New York Municipal Value Fund has no CEO, or we have no data on them.
Board Members
Experienced Board: NNY's board of directors are seasoned and experienced ( 16 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 24%.
Top Shareholders
Company Information
Nuveen New York Municipal Value Fund's employee growth, exchange listings and data sources
Key Information
- Name: Nuveen New York Municipal Value Fund
- Ticker: NNY
- Exchange: NYSE
- Founded: 1987
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$177.718m
- Shares outstanding: 18.89m
- Website: https://www.nuveen.com/CEF/Product/Overview.aspx?FundCode=NNY
Location
- Nuveen New York Municipal Value Fund
- 333 West Wacker Drive
- Chicago
- Illinois
- 60606
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 23:34 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2021/08/31 |
| Annual Earnings | 2021/02/28 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.