Buy or Sell ? Support and Resistance
What is MACD and how to read it?
How RSI can help?
JPC Stock Summary
Top 10 Correlated ETFs
JPC
In the News
These 7% Dividends Prove This Investment ‘Rule' Is Total Rubbish
Don't fall into the trap of thinking you can't beat the market. It's total nonsense—and that goes double if you look outside stocks, to other assets.
2 Top Dividends To Buy In February, Yields Up To 7.8%
2 Top Dividends To Buy In February, Yields Up To 7.8%
Bottom Fishing Preferred Stocks With 8% Yields: JPC
I love buying out-of-favor income, so I get big gains when it's in favor again. Fixed income has been beaten down relentlessly by rate hikes and inflation. Today, you can unlock massive income from this sector to enjoy for decades to come.
JPC: High Fees And Volatility But Large Discount To NAV
Nuveen Preferred & Income Opportunities Fund seeks high current income through preferred stock and high yield debt securities. JPC has a high distribution rate which is only possible due to the fund's substantial use of leverage. Historically JPC investors have not been compensated for the excess level of volatility relative to passive products.
2 Fat Yields I'm Buying For An Abundant Retirement
We're getting focused on capping out the year on a high note with high levels of recurring income. I am buying up these great funds offering yields up to 14%. An abundant retirement is marked by income that greatly exceeds your expenses.
3 Preferred Stocks To Own For Your Retirement, Yields Up To 8.8%
Preferred stocks offer higher yields and greater income reliability. Today, we will discuss preferred stocks in general for those of you who are new to them, or for the old hands who might need a refresher. Higher interest rates have created a buying opportunity for preferred securities, and we provide a few picks to maximize your retirement income.
JPC: Merger Arbitrage Opportunities
Nuveen Preferred and Income Fund, Nuveen Preferred & Income Securities Fund, and Nuveen Preferred & Income Opportunities Fund are set to merge, with shareholders' approval obtained. The merger will result in the three funds becoming one legal entity, JPC, leading to narrower discounts to NAV. There is an arbitrage opportunity for investors to consider stemming from this merger.
JPC: Some Interest Rate Risk, But The Opportunity For Yield Is Very Real
The Nuveen Preferred & Income Opportunities Fund offers a high level of income with an 8.37% current yield, exceeding inflation and short-term U.S. Treasuries. The JPC closed-end fund's performance has been disappointing, with a decline in share price, but investors still made money through distributions. The JPC fund's future performance depends on the interest rate trajectory, which is uncertain, but rates are expected to decline over the long term.
3 Preferred Stock Funds Yielding Up To 9.4%
Is there still a chance to buy the bank dip? You bet—with nifty yields up to 9.4%!
JPC Is About To Absorb JPS And JPT: What That Means
Nuveen has announced plans to merge the Nuveen Preferred Securities Income Fund and Nuveen Preferred and Income Fund into the Nuveen Preferred & Income Opportunities Fund. I briefly review each CEF, including how they invest currently. I then combined their holdings to come up with my pro forma of what JPC will look like post-merger. I provide actionable paths forward for holders of each of the three CEFs. In short, stay the course.
JPC Financial details
JPC Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2023-07-31
Metric | History | 2019-07-31 | 2020-07-31 | 2021-07-31 | 2022-07-31 | 2023-07-31 |
---|---|---|---|---|---|---|
2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
Revenue per share | 0.72 | -0.61 | 1.73 | -0.87 | 0.61 | |
Net income per share | 0.71 | -0.62 | 1.72 | -0.87 | -0.38 | |
Operating cash flow per share | 0.55 | 1.65 | -0.37 | 1.09 | 0.52 | |
Free cash flow per share | 0.55 | 1.65 | -0.37 | 1.09 | 0.52 | |
Cash per share | 0.18 | 0.21 | 0.26 | 0.09 | 0.07 | |
Book value per share | 10.14 | 8.83 | 9.97 | 8.57 | 7.45 | |
Tangible book value per share | 10.14 | 8.83 | 9.97 | 8.57 | 7.45 | |
Share holders equity per share | 10.14 | 8.83 | 9.97 | 8.57 | 7.45 | |
Interest debt per share | 5.88 | 4.95 | 5.71 | 5.16 | 4.71 | |
Market cap | 1.02B | 910.56M | 1.03B | 867.51M | 693.46M | |
Enterprise value | 1.61B | 1.41B | 1.61B | 1.39B | 1.16B | |
P/E ratio | 13.9 | -14.32 | 5.81 | -9.63 | -17.38 | |
Price to sales ratio | 13.79 | -14.47 | 5.8 | -9.7 | 10.77 | |
POCF ratio | 18.14 | 5.34 | -27.16 | 7.73 | 12.69 | |
PFCF ratio | 18.14 | 5.34 | -27.16 | 7.73 | 12.69 | |
P/B Ratio | 0.98 | 1 | 1 | 0.98 | 0.89 | |
PTB ratio | 0.98 | 1 | 1 | 0.98 | 0.89 | |
EV to sales | 21.74 | -22.41 | 9.07 | -15.52 | 18.06 | |
Enterprise value over EBITDA | 21.9 | -22.18 | 9.09 | -16.7 | -70.48 | |
EV to operating cash flow | 28.59 | 8.27 | -42.49 | 12.37 | 21.28 | |
EV to free cash flow | 28.59 | 8.27 | -42.49 | 12.37 | 21.28 | |
Earnings yield | 0.07 | -0.07 | 0.17 | -0.1 | -0.06 | |
Free cash flow yield | 0.06 | 0.19 | -0.04 | 0.13 | 0.08 | |
Debt to equity | 0.56 | 0.55 | 0.57 | 0.59 | 0.6 | |
Debt to assets | 0.36 | 0.34 | 0.35 | 0.37 | 0.37 | |
Net debt to EBITDA | 8 | -7.86 | 3.28 | -6.27 | -28.46 | |
Current ratio | 1.55 | 1.5 | 1.51 | 1.78 | 0.33 | |
Interest coverage | 4.2 | -5.55 | 36.44 | -11.98 | -0.71 | |
Income quality | 0.77 | -2.68 | -0.21 | -1.25 | -1.37 | |
Dividend Yield | 0.07 | 0.08 | 0.06 | 0.08 | 0.09 | |
Payout ratio | 1.03 | -1.15 | 0.37 | -0.74 | -1.56 | |
Sales general and administrative to revenue | 0.01 | -0.01 | 0 | -0.01 | 0.2 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0 | 0 | 0 | 0 | 0 | |
Capex to operating cash flow | 0 | 0 | 0 | 0 | 0 | |
Capex to revenue | 0 | 0 | 0 | 0 | 0 | |
Capex to depreciation | 0 | 0 | 0 | 0 | 0 | |
Stock based compensation to revenue | 0 | 0 | 0 | 0 | 0 | |
Graham number | 12.75 | 11.05 | 19.65 | 12.98 | 7.98 | |
ROIC | 0 | -0.09 | 0.07 | -0.11 | -0.04 | |
Return on tangible assets | 0.04 | -0.04 | 0.11 | -0.06 | -0.03 | |
Graham Net | -5.46 | -4.85 | -5.46 | -5.05 | -4.62 | |
Working capital | 6.13M | 6.23M | 6.66M | 10.33M | -85.7M | |
Tangible asset value | 1.05B | 912.19M | 1.03B | 884.06M | 783.01M | |
Net current asset value | -595.83M | -537.36M | -605.9M | -520.08M | -454.66M | |
Invested capital | 0.56 | 0.55 | 0.57 | 0.59 | 0.6 | |
Average receivables | 16.52M | 17.74M | 18.24M | 18.55M | 18.18M | |
Average payables | 8.75M | 11.81M | 12.79M | 13.25M | 7.29M | |
Average inventory | 17.83M | 37.64M | 42.1M | 21.03M | -9.91M | |
Days sales outstanding | 83.93 | -106.71 | 37.06 | -77.67 | 98.14 | |
Days payables outstanding | 309.78 | 356.97 | 376.38 | 379.48 | 36.84 | |
Days of inventory on hand | 985.11 | 1.14K | 1.27K | -71.8 | -510.09 | |
Receivables turnover | 4.35 | -3.42 | 9.85 | -4.7 | 3.72 | |
Payables turnover | 1.18 | 1.02 | 0.97 | 0.96 | 9.91 | |
Inventory turnover | 0.37 | 0.32 | 0.29 | -5.08 | -0.72 | |
ROE | 0.07 | -0.07 | 0.17 | -0.1 | -0.05 | |
Capex per share | 0 | 0 | 0 | 0 | 0 |
Quarterly Fundamentals Overview
Last date of statement is 2023-07-31 for Q4
Metric | History | 2022-07-31 | 2022-10-31 | 2023-01-31 | 2023-04-30 | 2023-07-31 |
---|---|---|---|---|---|---|
2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
Revenue per share | 0 | 0.21 | 0.37 | 0.2 | 0.24 | |
Net income per share | 0 | 0.14 | 0.28 | -0.33 | -0.66 | |
Operating cash flow per share | 0 | 0 | 0.27 | 0 | 0.25 | |
Free cash flow per share | 0 | 0 | 0.27 | 0 | 0.25 | |
Cash per share | 0 | 0.18 | 0.1 | 0.18 | 0.07 | |
Book value per share | 0 | 8.38 | 8.38 | 7.45 | 7.45 | |
Tangible book value per share | 0 | 8.38 | 8.38 | 7.45 | 7.45 | |
Share holders equity per share | 0 | 8.38 | 8.38 | 7.45 | 7.45 | |
Interest debt per share | 0 | 2.37 | 3.45 | 2.09 | 4.61 | |
Market cap | 0 | 774.36M | 836.35M | 672.44M | 693.46M | |
Enterprise value | 521.1M | 769.62M | 1.18B | 670.46M | 1.16B | |
P/E ratio | 0 | 13.04 | 7.04 | -4.83 | -2.49 | |
Price to sales ratio | 0 | 35.94 | 21.28 | 32.71 | 27.62 | |
POCF ratio | 0 | 0 | 29.98 | 0 | 25.92 | |
PFCF ratio | 0 | 0 | 29.98 | 0 | 25.92 | |
P/B Ratio | 0 | 0.88 | 0.95 | 0.86 | 0.89 | |
PTB ratio | 0 | 0.88 | 0.95 | 0.86 | 0.89 | |
EV to sales | 0 | 35.72 | 30.11 | 32.62 | 46.33 | |
Enterprise value over EBITDA | 0 | -228.03 | 29.48 | -12.82 | -20.53 | |
EV to operating cash flow | 0 | 0 | 42.42 | 0 | 43.47 | |
EV to free cash flow | 0 | 0 | 42.42 | 0 | 43.47 | |
Earnings yield | 0 | 0.02 | 0.04 | -0.05 | -0.1 | |
Free cash flow yield | 0 | 0 | 0.03 | 0 | 0.04 | |
Debt to equity | 0.59 | 0.28 | 0.4 | 0.28 | 0.6 | |
Debt to assets | 0.37 | 0.18 | 0.25 | 0.17 | 0.37 | |
Net debt to EBITDA | 0 | 1.41 | 8.65 | 0.04 | -8.29 | |
Current ratio | 1.78 | 0.16 | 2.13 | 0.33 | 0.33 | |
Interest coverage | 0 | 0 | 3.84 | 0 | -4.38 | |
Income quality | 0 | 0 | 0.94 | 0 | -0.38 | |
Dividend Yield | 0 | 0 | 0.04 | 0 | 0.04 | |
Payout ratio | 0 | 0 | 1.12 | 0 | -0.41 | |
Sales general and administrative to revenue | 0 | 0.15 | 0.08 | 0.15 | 0.12 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0 | 0 | 0 | 0 | 0 | |
Capex to operating cash flow | 0 | 0 | 0 | 0 | 0 | |
Capex to revenue | 0 | 0 | 0 | 0 | 0 | |
Capex to depreciation | 0 | 0 | 0 | 0 | 0 | |
Stock based compensation to revenue | 0 | 0 | 0 | 0 | 0 | |
Graham number | 0 | 5.16 | 7.3 | 7.45 | 10.54 | |
ROIC | 0 | 0.02 | 0.01 | -0.01 | -0.06 | |
Return on tangible assets | 0 | 0.01 | 0.02 | -0.03 | -0.05 | |
Graham Net | 0 | -4.78 | -4.86 | -4.51 | -4.62 | |
Working capital | 10.33M | -234.68M | 13.26M | -85.7M | -85.7M | |
Tangible asset value | 884.06M | 880.97M | 880.97M | 783.01M | 783.01M | |
Net current asset value | -520.08M | -484.08M | -504.44M | -454.66M | -454.66M | |
Invested capital | 0.59 | 0.28 | 0.4 | 0.28 | 0.6 | |
Average receivables | 0 | 19.63M | 20.25M | 18.77M | 17.29M | |
Average payables | 0 | 9.56M | 8.78M | 6.5M | 1.25M | |
Average inventory | 0 | -7.1M | -14.19M | -15.75M | -17.31M | |
Days sales outstanding | 0 | 84.48 | 46.43 | 75.61 | 62.08 | |
Days payables outstanding | 0 | 0 | 164.69 | 0 | 18.87 | |
Days of inventory on hand | 0 | 0 | -198.83 | 0 | -261.32 | |
Receivables turnover | 0 | 1.07 | 1.94 | 1.19 | 1.45 | |
Payables turnover | 0 | 0 | 0.55 | 0 | 4.77 | |
Inventory turnover | 0 | 0 | -0.45 | 0 | -0.34 | |
ROE | 0 | 0.02 | 0.03 | -0.04 | -0.09 | |
Capex per share | 0 | 0 | 0 | 0 | 0 |
JPC Frequently Asked Questions
What is Nuveen Preferred & Income Opportunities Fund stock symbol ?
Nuveen Preferred & Income Opportunities Fund is a US stock , located in Chicago of Il and trading under the symbol JPC
What is Nuveen Preferred & Income Opportunities Fund stock quote today ?
Nuveen Preferred & Income Opportunities Fund stock price is $7.19 today.
Is Nuveen Preferred & Income Opportunities Fund stock public?
Yes, Nuveen Preferred & Income Opportunities Fund is a publicly traded company.