company background image
NPV

Nuveen Virginia Quality Municipal Income Fund NYSE:NPV Stock Report

Last Price

US$12.32

Market Cap

US$220.4m

7D

1.8%

1Y

-23.5%

Updated

25 May, 2022

Data

Company Financials
NPV fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends3/6

NPV Stock Overview

Nuveen Virginia Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc.

Nuveen Virginia Quality Municipal Income Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nuveen Virginia Quality Municipal Income Fund
Historical stock prices
Current Share PriceUS$12.32
52 Week HighUS$17.93
52 Week LowUS$12.00
Beta0.39
1 Month Change-0.73%
3 Month Change-11.30%
1 Year Change-23.48%
3 Year Change-4.69%
5 Year Change-7.02%
Change since IPO-17.87%

Recent News & Updates

May 07

Nuveen Virginia Quality Municipal Income Fund declares $0.0485 dividend

Nuveen Virginia Quality Municipal Income Fund (NPV) declares $0.0485/share monthly dividend, in line with previous.Forward yield 3.5%Payable June 1; for shareholders of record May 14; ex-div May 13.See NPV Dividend Scorecard, Yield Chart, & Dividend Growth.

Feb 04

Nuveen Virginia Quality Municipal Income Fund declares $0.0485 dividend

Nuveen Virginia Quality Municipal Income Fund (NPV) declares $0.0485/share monthly dividend, in line with previous.Forward yield 3.69%Payable March 1; for shareholders of record Feb. 12; ex-div Feb. 11.See NPV Dividend Scorecard, Yield Chart, & Dividend Growth.

Jan 05

Nuveen Virginia Quality Municipal Income Fund declares $0.0485 dividend

Nuveen Virginia Quality Municipal Income Fund (NPV) declares $0.0485/share monthly dividend, in line with previous.Forward yield 3.69%Payable Feb. 1; for shareholders of record Feb. 1; ex-div Jan. 14.See NPV Dividend Scorecard, Yield Chart, & Dividend Growth.

Dec 02

Nuveen Virginia Quality Municipal Income Fund declares $0.0485 dividend

Nuveen Virginia Quality Municipal Income Fund (NPV) declares $0.0485/share monthly dividend, in line with previous.Forward yield 3.74%Payable Dec. 31; for shareholders of record Dec. 15; ex-div Dec. 14.See NPV Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

NPVUS Capital MarketsUS Market
7D1.8%3.3%1.0%
1Y-23.5%-13.5%-15.1%

Return vs Industry: NPV underperformed the US Capital Markets industry which returned -14% over the past year.

Return vs Market: NPV underperformed the US Market which returned -13.2% over the past year.

Price Volatility

Is NPV's price volatile compared to industry and market?
NPV volatility
NPV Average Weekly Movement2.8%
Capital Markets Industry Average Movement0.4%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

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

Volatility Over Time: NPV's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993n/an/ahttps://www.nuveen.com/CEF/Product/Overview.aspx?fundcode=NPV

Nuveen Virginia Quality Municipal Income Fund 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 Virginia. The fund invests primarily in municipal securities rated Baa/BBB or better.

Nuveen Virginia Quality Municipal Income Fund Fundamentals Summary

How do Nuveen Virginia Quality Municipal Income Fund's earnings and revenue compare to its market cap?
NPV fundamental statistics
Market CapUS$220.39m
Earnings (TTM)US$12.11m
Revenue (TTM)US$14.99m

18.2x

P/E Ratio

14.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NPV income statement (TTM)
RevenueUS$14.99m
Cost of RevenueUS$0
Gross ProfitUS$14.99m
Other ExpensesUS$2.88m
EarningsUS$12.11m

Last Reported Earnings

Nov 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.68
Gross Margin100.00%
Net Profit Margin80.81%
Debt/Equity Ratio54.3%

How did NPV perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

86%

Payout Ratio

Valuation

Is Nuveen Virginia Quality Municipal Income Fund undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


14.8%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: NPV ($12.32) is trading below our estimate of fair value ($14.46)

Significantly Below Fair Value: NPV is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: NPV is good value based on its Price-To-Earnings Ratio (18.2x) compared to the US Capital Markets industry average (29.6x).

PE vs Market: NPV is poor value based on its Price-To-Earnings Ratio (18.2x) compared to the US market (14.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate NPV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NPV is overvalued based on its Price-To-Book Ratio (0.8x) compared to the US Capital Markets industry average (-18.8x).

Future Growth

How is Nuveen Virginia Quality Municipal Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.8%

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 Virginia Quality Municipal Income 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 Virginia Quality Municipal Income Fund performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


29.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NPV has high quality earnings.

Growing Profit Margin: NPV's current net profit margins (80.8%) are lower than last year (96.7%).


Past Earnings Growth Analysis

Earnings Trend: NPV has become profitable over the past 5 years, growing earnings by 29.3% per year.

Accelerating Growth: NPV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NPV had negative earnings growth (-18.4%) over the past year, making it difficult to compare to the Capital Markets industry average (96.7%).


Return on Equity

High ROE: NPV's Return on Equity (4.4%) is considered low.

Financial Health

How is Nuveen Virginia Quality Municipal Income Fund's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NPV's short term assets ($5.2M) do not cover its short term liabilities ($25.0M).

Long Term Liabilities: NPV's short term assets ($5.2M) do not cover its long term liabilities ($127.7M).


Debt to Equity History and Analysis

Debt Level: NPV's net debt to equity ratio (54.2%) is considered high.

Reducing Debt: NPV's debt to equity ratio has reduced from 55.3% to 54.3% over the past 5 years.

Debt Coverage: NPV's debt is not well covered by operating cash flow (6%).

Interest Coverage: NPV's interest payments on its debt are well covered by EBIT (7.8x coverage).


Balance Sheet

Dividend

What is Nuveen Virginia Quality Municipal Income Fund current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


4.72%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: NPV's dividend (4.72%) is higher than the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: NPV's dividend (4.72%) is in the top 25% of dividend payers in the US market (4.06%)


Stability and Growth of Payments

Stable Dividend: NPV's dividend payments have been volatile in the past 10 years.

Growing Dividend: NPV's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (86.1%), NPV's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (117.2%), NPV's dividend payments are not well covered by cash flows.

Management

How experienced are the management team and are they aligned to shareholders interests?

16.3yrs

Average board tenure


CEO

Nuveen Virginia Quality Municipal Income Fund has no CEO, or we have no data on them.


Board Members

Experienced Board: NPV's board of directors are seasoned and experienced ( 16.3 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Nuveen Virginia Quality Municipal Income Fund's employee growth, exchange listings and data sources


Key Information


Location

  • Nuveen Virginia Quality Municipal Income Fund
  • 333 West Wacker Drive
  • Chicago
  • Illinois
  • 60606
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/25 00:00
End of Day Share Price2022/05/25 00:00
Earnings2021/11/30
Annual Earnings2021/05/31


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.