Nuveen Churchill Direct Lending (FRA:O7A) Shares Outstanding (Basic Average): 49.39 Mil (As of Mar. 2026)


FRA:O7A Nuveen Churchill Direct Lending Corp FRA:O7A
29 GF Score
Price €10.80
! 5 Warning Signs
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What is Nuveen Churchill Direct Lending Shares Outstanding (Basic Average)?

Nuveen Churchill Direct Lending FRA:O7A +1.89% 29 Shares Outstanding (Basic Average) is 49.39 Mil as of Mar. 2026. GuruFocus rates FRA:O7A with a GF Score™ of 29/100. The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Nuveen Churchill Direct Lending's average basic shares outstanding for the quarter that ended in Mar. 2026 was 49.39 Mil.


Nuveen Churchill Direct Lending  (FRA:O7A) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Nuveen Churchill Direct Lending Shares Outstanding (Basic Average) Related Terms


Nuveen Churchill Direct Lending Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Nuveen Churchill Direct Lending's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nuveen Churchill Direct Lending Shares Outstanding (Basic Average) Chart

Nuveen Churchill Direct Lending Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial 54.82 54.82 54.82 54.12 50.29

Nuveen Churchill Direct Lending Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.21 50.18 49.40 49.38 49.39
FRA:O7A
29GF Score
Nuveen Churchill Direct Lending Corp FRA:O7A
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Churchill Direct Lending Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 49.39 Mil mean?
Nuveen Churchill Direct Lending (FRA:O7A) has a Shares Outstanding (Basic Average) of 49.39 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Nuveen Churchill Direct Lending and its competitors.
Is Nuveen Churchill Direct Lending's Shares Outstanding (Basic Average) too high?
Nuveen Churchill Direct Lending's current Shares Outstanding (Basic Average) is 49.39 Mil. Overall, Nuveen Churchill Direct Lending has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Churchill Direct Lending's Shares Outstanding (Basic Average) compare to GCMG and MUJ?
Nuveen Churchill Direct Lending's Shares Outstanding (Basic Average) of 49.39 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for an Asset Management company?
A good Shares Outstanding (Basic Average) depends on the Asset Management industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Nuveen Churchill Direct Lending and its competitors. Nuveen Churchill Direct Lending's current Shares Outstanding (Basic Average) is 49.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Churchill Direct Lending stock overvalued right now?
Nuveen Churchill Direct Lending (FRA:O7A) has a current Shares Outstanding (Basic Average) of 49.39 Mil. The current Shares Outstanding (Basic Average) is 49.39 Mil. Nuveen Churchill Direct Lending's overall GF Score™ is 29/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Nuveen Churchill Direct Lending (FRA:O7A), the current Shares Outstanding (Basic Average) is 49.39 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nuveen Churchill Direct Lending Business Description

Other Exchanges NCDL:USA
Address 375 Park Avenue, 9th Floor, New York, NY, USA, 10152
Nuveen Churchill Direct Lending Corp is a specialty finance company focused predominantly on investing in senior secured loans to private equity-owned U.S. middle market companies. It is a closed-end, externally managed, non-diversified management investment company. The company's investment objective is to generate attractive risk-adjusted returns through current income by investing in senior secured loans to private equity-owned U.S. middle market companies. It invests in senior secured loans that typically pay floating interest rates and are senior in the capital structure to junior debt and equity.
29GF Score

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Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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