NYSE:NXR

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Nuveen Select Tax-Free Income Portfolio 3

Executive Summary

Nuveen Select Tax-Free Income Portfolio 3 is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. More Details


Snowflake Analysis

Share Price & News

How has Nuveen Select Tax-Free Income Portfolio 3's share price performed over time and what events caused price changes?


Latest Share Price and Events

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

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


Market Performance


7 Day Return

-6.2%

NXR

-2.6%

US Capital Markets

-4.6%

US Market


1 Year Return

0.9%

NXR

38.0%

US Capital Markets

38.5%

US Market

Return vs Industry: NXR underperformed the US Capital Markets industry which returned 38% over the past year.

Return vs Market: NXR underperformed the US Market which returned 38.5% over the past year.


Shareholder returns

NXRIndustryMarket
7 Day-6.2%-2.6%-4.6%
30 Day-6.2%8.5%0.6%
90 Day-1.3%14.9%1.9%
1 Year4.2%0.9%41.3%38.0%41.5%38.5%
3 Year27.6%15.3%39.5%29.1%56.7%46.7%
5 Year33.0%11.8%140.6%110.9%123.5%98.6%

Long-Term Price Volatility Vs. Market

How volatile is Nuveen Select Tax-Free Income Portfolio 3's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Nuveen Select Tax-Free Income Portfolio 3 undervalued compared to its fair value and its price relative to the market?

25.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: NXR ($16.32) is trading above our estimate of fair value ($5.23)

Significantly Below Fair Value: NXR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: NXR is poor value based on its PE Ratio (25.2x) compared to the US Capital Markets industry average (23.5x).

PE vs Market: NXR is poor value based on its PE Ratio (25.2x) compared to the US market (21.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NXR is good value based on its PB Ratio (1x) compared to the US Capital Markets industry average (12.8x).

Future Growth

How is Nuveen Select Tax-Free Income Portfolio 3 forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.6%

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 Select Tax-Free Income Portfolio 3 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 Select Tax-Free Income Portfolio 3 performed over the past 5 years?

5.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NXR has high quality earnings.

Growing Profit Margin: NXR's current net profit margins are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: NXR's earnings have grown by 5.9% per year over the past 5 years.

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

Earnings vs Industry: NXR had negative earnings growth (-61.9%) over the past year, making it difficult to compare to the Capital Markets industry average (10.1%).


Return on Equity

High ROE: NXR's Return on Equity (3.9%) is considered low.

Financial Health

How is Nuveen Select Tax-Free Income Portfolio 3's financial position?


Financial Position Analysis

Short Term Liabilities: NXR's short term assets ($3.1M) exceed its short term liabilities ($700.7K).

Long Term Liabilities: NXR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: NXR is debt free.

Reducing Debt: NXR has no debt compared to 5 years ago when its debt to equity ratio was 0.07%.

Debt Coverage: NXR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: NXR has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Dividend

What is Nuveen Select Tax-Free Income Portfolio 3 current dividend yield, its reliability and sustainability?

3.20%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NXR's dividend (3.2%) is higher than the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: NXR's dividend (3.2%) is low compared to the top 25% of dividend payers in the US market (3.76%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (80.7%), NXR's 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?

13.4yrs

Average board tenure


CEO

Nuveen Select Tax-Free Income Portfolio 3 has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
William Adams
Vice President and Board Member8.08yrsno datano data
David Kundert
Independent Board Member16.08yrsUS$525.00no data
William Schneider
Independent Board Member25.08yrsUS$591.00no data
Robert Bremner
Chairman12.67yrsUS$529.00no data
Judith Stockdale
Independent Board Member24.08yrsUS$466.00no data
Jack Evans
Independent Board Member22.08yrsUS$458.00no data
Thomas Schreier
Board Member8.08yrsno datano data
Virginia Stringer
Independent Board Member10.08yrsUS$438.00no data
William Hunter
Independent Board Member17.08yrsUS$418.00no data
Terence Toth
Independent Board Member12.67yrsUS$522.00no data
John Nelson
Independent Board Member8.08yrsUS$144.00no data
Carole Stone
Independent Board Member14.08yrsUS$483.00no data

13.4yrs

Average Tenure

72.5yo

Average Age

Experienced Board: NXR's board of directors are seasoned and experienced ( 13.4 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 Select Tax-Free Income Portfolio 3's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Nuveen Select Tax-Free Income Portfolio 3
  • 333 West Wacker Drive
  • Chicago
  • Illinois
  • 60606
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NXRNYSE (New York Stock Exchange)YesCommon SharesUSUSDJul 1992

Biography

Nuveen Select Tax-Free Income Portfolio 3 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....


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/27 00:03
End of Day Share Price2021/02/26 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.