Nuveen Churchill Direct Lending (NYSE:NCDL) versus UWM (NYSE:UWMC) Head to Head Survey

Nuveen Churchill Direct Lending (NYSE:NCDL) and UWM (NYSE:UWMC) are both small-cap finance companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, risk, earnings, analyst recommendations, valuation, institutional ownership and profitability.

Dividends

Nuveen Churchill Direct Lending pays an annual dividend of $1.80 per share and has a dividend yield of 10.3%. UWM pays an annual dividend of $0.40 per share and has a dividend yield of 6.2%. UWM pays out -210.5% of its earnings in the form of a dividend.

Insider & Institutional Ownership

53.6% of UWM shares are held by institutional investors. 94.2% of UWM shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Nuveen Churchill Direct Lending and UWM, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nuveen Churchill Direct Lending	0	3	3	0	2.50
UWM	2	6	2	0	2.00

Nuveen Churchill Direct Lending presently has a consensus target price of $18.50, indicating a potential upside of 5.41%. UWM has a consensus target price of $5.59, indicating a potential downside of 12.85%. Given Nuveen Churchill Direct Lending’s stronger consensus rating and higher probable upside, equities analysts plainly believe Nuveen Churchill Direct Lending is more favorable than UWM.

Profitability

This table compares Nuveen Churchill Direct Lending and UWM’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Nuveen Churchill Direct Lending	46.95%	11.91%	4.89%
UWM	0.79%	2.45%	0.59%

Earnings and Valuation

This table compares Nuveen Churchill Direct Lending and UWM’s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Nuveen Churchill Direct Lending	$161.76 million	5.95	$75.94 million	N/A	N/A
UWM	$1.31 billion	0.46	-$13.23 million	($0.19)	-33.76

Nuveen Churchill Direct Lending has higher earnings, but lower revenue than UWM.

Summary

Nuveen Churchill Direct Lending beats UWM on 9 of the 13 factors compared between the two stocks.

About Nuveen Churchill Direct Lending

Nuveen Churchill Direct Lending Corp. is a specialty finance company focused primarily on investing in senior secured loans to private equity-owned U.S. middle market companies. It has elected to be regulated as a business development company. Nuveen Churchill Direct Lending Corp. is based in NEW YORK.

About UWM

UWM Holdings Corporation engages in the residential mortgage lending business in the United States. The company offers mortgage loans through wholesale channel. It originates primarily conforming and government loans. UWM Holdings Corporation was founded in 1986 and is headquartered in Pontiac, Michigan.