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NXR

Nuveen Select Tax-Free Income Portfolio 3NYSE:NXR Stock Report

Last Price

US$16.56

Market Cap

US$216.0m

7D

-1.1%

1Y

-1.3%

Updated

06 Dec, 2021

Data

Company Financials
NXR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends2/6

NXR Stock Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Nuveen Select Tax-Free Income Portfolio 3
Historical stock prices
Current Share PriceUS$16.56
52 Week HighUS$20.44
52 Week LowUS$15.69
Beta0.12
1 Month Change-4.33%
3 Month Change-8.38%
1 Year Change-1.31%
3 Year Change14.60%
5 Year Change18.03%
Change since IPO10.40%

Recent News & Updates

May 10

Nuveen Select Tax-Free Income Portfolio 3 declares $0.0465 dividend

Nuveen Select Tax-Free Income Portfolio 3 (NXR) declares $0.0465/share monthly dividend, in line with previous.Forward yield 3.08%Payable June 1; for shareholders of record May 14; ex-div May 13.See NXR Dividend Scorecard, Yield Chart, & Dividend Growth.

Dec 02

Nuveen Select Tax-Free Income Portfolio 3 declares $0.0435 dividend

Nuveen Select Tax-Free Income Portfolio 3 (NXR) declares $0.0435/share monthly dividend, in line with previous.Forward yield 3.14%Payable Dec. 31; for shareholders of record Dec. 15; ex-div Dec. 14.See NXR Dividend Scorecard, Yield Chart, & Dividend Growth.

Nov 03

Nuveen Select Tax-Free Income Portfolio 3 declares $0.0435 dividend

Nuveen Select Tax-Free Income Portfolio 3 (NXR) declares $0.0435/share monthly dividend, in line with previous.Forward yield 3.17%Payable Dec. 1; for shareholders of record Nov. 13; ex-div Nov. 12.See NXR Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

NXRUS Capital MarketsUS Market
7D-1.1%-5.5%-4.6%
1Y-1.3%24.6%7.7%

Return vs Industry: NXR underperformed the US Capital Markets industry which returned 41.1% over the past year.

Return vs Market: NXR underperformed the US Market which returned 16.5% over the past year.

Price Volatility

Is NXR's price volatile compared to industry and market?
NXR volatility
NXR Average Weekly Movement2.2%
Capital Markets Industry Average Movement0.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

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

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

About the Company

FoundedEmployeesCEOWebsite
1992n/an/ahttps://www.nuveen.com/CEF/Product/Overview.aspx?FundCode=NXR&refsrc=vu_nuveen.com/nxr

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. It invests in the fixed income markets of United States. The fund seeks to invest in stocks of companies operating across the diversified sectors.

Nuveen Select Tax-Free Income Portfolio 3 Fundamentals Summary

How do Nuveen Select Tax-Free Income Portfolio 3's earnings and revenue compare to its market cap?
NXR fundamental statistics
Market CapUS$216.03m
Earnings (TTM)US$8.44m
Revenue (TTM)US$8.13m

25.6x

P/E Ratio

26.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NXR income statement (TTM)
RevenueUS$8.13m
Cost of RevenueUS$0
Gross ProfitUS$8.13m
Expenses-US$313.79k
EarningsUS$8.44m

Last Reported Earnings

Sep 30, 2020

Next Earnings Date

n/a

Earnings per share (EPS)0.65
Gross Margin100.00%
Net Profit Margin103.86%
Debt/Equity Ratio0.0%

How did NXR perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

81%

Payout Ratio

Valuation

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

25.6x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: NXR ($16.56) is trading above our estimate of fair value ($6.3)

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 (25.6x) compared to the US Capital Markets industry average (14.5x).

PE vs Market: NXR is poor value based on its PE Ratio (25.6x) compared to the US market (16.8x).


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 (49.3x).

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?

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 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?

-61.9%

Last years 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: Insufficient data to determine if NXR's year-on-year earnings growth rate was positive 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 (89%).


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?

3.37%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NXR's dividend (3.37%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: NXR's dividend (3.37%) is low compared to the top 25% of dividend payers in the US market (3.62%).


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?

15.9yrs

Average board tenure


CEO

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


Board Members

Experienced Board: NXR's board of directors are seasoned and experienced ( 15.9 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 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/06 23:18
End of Day Share Price2021/12/03 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.