NXJ

Nuveen New Jersey Quality Municipal Income Fund

Fundamental data last updated:November 6, 2026

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company profile

SECTOR

Financial Services

industry

Asset Management

Exchange

NYSE

County of HQ

United States

Next Earnings Date

Not Scheduled

Business Summary

NXJ operates within asset management, focusing on municipal income funds. Its business model relies on generating returns through strategic investments in municipal bonds. The company locks in customers by offering tax-advantaged income, appealing to investors seeking stable returns. However, its competitive moat is narrow, as it competes in a crowded market with limited differentiation.

 


VALUATION

P/E

-25.85

Market Cap ($M USD)

$511.70M

Forward P/E

N/A

PEG

-2.33

PRICE TO SALES

-113.46

PRICE TO BOOK

1.01

EV / EBITDA

-25.96

5-Year Average P/E

Free Cash Flow Yield

9.83%

DCF Value

$-0.07

Graham Number

N/A

Price to FCF

10.17

EV to FCF

10.16

Earnings Yield

-3.87%

FCF Yield

9.83%

DIVIDEND

Yield

4.43%

Annual Payout

$0.55

Payout Ratio

-197.34%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

-$0.48

Next Year EPS Growth Estimate

N/A

Next Year Revenue Growth Estimate

N/A

Return on Equity (ROE)

-3.74%

FREE CASH FLOW

Operating Margin

436.94%

Debt-to-Equity

0.00

Piotroski F-Score

6

Altman Z-Score

0.79

Return on Invested Capital (ROIC)

-2.23%

Current Ratio

0.05

Quick Ratio

0.05

Net Debt to EBITDA

0.01

Interest Coverage

-1.34

Gross Profit margin

426.37%

FCF PER SHARE

$1.23

REVENUE PER SHARE

$-0.11

Gainseekers Quantitative Analysis

Summary

NXJ’s financial health paints a grim picture. The market seems to have priced it well below its DCF value, indicating a lack of confidence in its future cash flows. With a negative Price/Earnings ratio and an abysmal Earnings Yield, the stock appears risky. The Altman Z-score of 0.79 suggests potential distress, while the Forward P/E is absent, leaving growth prospects uncertain. Overall, the valuation metrics signal caution, and the market’s skepticism seems justified.

AI Exposure / Tech Reliance

Operating in the asset management sector, NXJ faces challenges in adapting to AI and tech shifts. The industry traditionally lags in tech adoption, but those who innovate can gain a competitive edge. NXJ's current metrics do not indicate a strong tech adaptation strategy.

The Bull Case

For the optimistic investor, NXJ offers some intriguing points. The Free Cash Flow Yield of 9.83% suggests efficient capital management, while a Piotroski F-Score of 6 indicates moderate financial strength. Despite a negative ROIC, the operating margin of 436.94% hints at potential pricing power. These factors could appeal to those seeking undervalued opportunities with room for operational improvement.

The Bear Case

However, the bear case is compelling. NXJ's structural weaknesses are glaring, with a negative Price/Sales ratio and a Price/Book ratio barely above 1. The stock is technically overextended, trading close to its 52-week high. Additionally, the negative EPS and poor interest coverage ratio highlight significant financial strain, making it a risky bet.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Hold

Average Analyst Price Target

N/A

Institutional Ownership %

1-Year Beta

0.66

Insider Buying % (6 Mo)

Distance to 52-Week High

3.95%

Distance to 52-Week Low

10.88%

EARNINGS SURPRISE %

N/A

50-DAY SMA

$12.37

200-DAY SMA

$12.29

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.