NPFD
Nuveen Variable Rate Preferred & Income Fund
NYSE: NPFD · FINANCIAL SERVICES · ASSET MANAGEMENT
$17.29
+0.35% today
Updated 2026-10-16
Market cap
$429.15M
P/E ratio
14.32
P/S ratio
8.75x
EPS (TTM)
$1.24
Dividend yield
—
52W range
$17 – $19
Volume
0.1M
WallStSmart proprietary scores
48
out of 100
Grade: C
Sell
Investment rating
3.7
Growth
D5.3
Quality
C+8.5
Profitability
A6.0
Valuation
B2/9
Piotroski F-Score
Weak
1.1
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →276 stocks currently score above 75
Price targets
Analyst target
$15.05
-12.96%
12-Month target
$15.05
-12.96%
Intrinsic (DCF)
—
Margin of safety
—
Price chart
Stock snapshot
Strengths
+ Profit margin 61.60% — above average
+ Free cash flow $23.88M — positive
+ Debt/equity 0.39x — low leverage
Risks
- Piotroski 2/9 — weak financial health
- Altman Z 1.07 — distress zone
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $-75.07M | $-10.49M | $83.08M | $46.57M | $49.02M |
| Net income | $-75.27M | $-24.54M | $65.36M | $46.84M | $28.66M |
| EPS | — | — | — | — | $1.24 |
| Free cash flow | $-878.74M | $59.92M | $14.66M | $54.61M | $23.88M |
| Profit margin | 100.26% | 233.85% | 78.68% | 100.57% | 61.60% |
Peer comparison
Smart narrative
Nuveen Variable Rate Preferred & Income Fund trades at $17.29. representing a P/E of 14.32x trailing earnings. Our Smart Value Score of 48/100 indicates the stock is fair. The company scores 2/9 on the Piotroski F-Score. With an Altman Z-Score of 1.07, it sits in the distress. TTM revenue stands at $49.02M. with profit margins at 61.60%.
Frequently asked questions
What is Nuveen Variable Rate Preferred & Income Fund's stock price?
Nuveen Variable Rate Preferred & Income Fund (NPFD) trades at $17.29, on a P/E of 14.3x and a P/S of 8.8x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Nuveen Variable Rate Preferred & Income Fund overvalued?
Nuveen Variable Rate Preferred & Income Fund carries a Smart Value Score of 48/100 (Grade C), which we rate Sell. That score blends growth, quality, and valuation into one read.
What is the price target of Nuveen Variable Rate Preferred & Income Fund (NPFD)?
The 12-month analyst consensus target is $15.05, about 13.0% below the current $17.29. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is Nuveen Variable Rate Preferred & Income Fund's revenue?
Nuveen Variable Rate Preferred & Income Fund's trailing twelve-month revenue is $49.02M. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
Nuveen Variable Rate Preferred & Income Fund's Altman Z-Score is 1.07, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorFINANCIAL SERVICES
IndustryASSET MANAGEMENT
CountryUSA
ExchangeNYSE
CurrencyUSD
Quick metrics
P/S ratio8.75x
ROE17.79%
Beta0.74
50D MA$18.17
200D MA$18.80
Shares out0.02B
Float—
Short ratio—
Avg volume0.1M
Performance
1 week-2.98%
1 month-2.98%
3 months-6.76%
YTD-9.46%
1 year-13.07%
3 years—
5 years—