Option chain shows key data for Nuveen Select Maturities's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for Nuveen Select Maturities.

Nuveen Select Maturities (NYSE:NIM) Stock, Option Chain

Nuveen Select Maturities

Nuveen Select Maturities Municipal Fund is a diversified closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax, consistent with the preservation of capital by investing in an investment-grade quality portfolio of municipal obligations with intermediate characteristics.

Earnings

News

Analyst Ratings

First Horizon National Corporation (NYSE: FHN) reported second-quarter 2022 adjusted earnings per share of 34 cents. This excluded after-tax impacts of 5 cents per share from notable items related to the IBERIABANK Corporation and TD Bank merger transactions.

First Horizon (FHN) Q2 Earnings Miss Estimates, NII Improves

Intraday Update

Markets

Movers

Trading Ideas

ACCO

ACHC

ACRE

ADIL

ADNT

ADOM

ADTN

ADUS

AFIN

AGCO

AGNC

AGRO

AGYS

AIMC

AINV

ALKS

ALLY

ALTM

ALYA

AMAL

AMBC

AMCX

AMPY

ANAT

ANIK

APLS

APOG

APTV

APTX

APWC

ARCC

ARCO

ARDC

ARGO

ARNC

AROC

ASGN

ATAX

ATEN

ATKR

ATNX

ATRA

Stocks That Hit 52-Week Lows On Wednesday

AACG

AAOI

ABCB

ABMD

ACEL

ACGL

ACHV

ACIU

ACRX

ACST

ACTG

ADES

ADMP

ADMS

ADPT

AEHR

AEIS

AERI

AEZS

AFGC

AFMD

AGFS

AGLE

AIMT

AIRT

AKCA

AKTS

AKTX

ALBO

ALDX

ALEX

ALGN

ALGT

Stocks That Hit 52-Week Lows On Monday

Nuveen Select Maturities Municipal Fund Common Stock

Nuveen Select Maturities Municipal Fund

Nimiq

NiSource Inc. (Holding Co.) 7.75% Corp Unit Ser A 12/01/2023

NON-INVASIVE MONITORG SYS by Non-Invasive Monitoring Systems, Inc.

Non-Invasive Monitoring Systems Inc

NIMTECH CORP by Nimtech Corp.

<p>Wednesday marks the last chance for investors to receive the next  dividend payout from <strong>Nuveen Select Maturities</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIM#NYSE">NIM</a>). </p>
<h3>What's Happening</h3>
<p>The company announced on Tuesday that it would pay shareholders a monthly dividend of 2.6 cents per share. On Thursday, Nuveen Select Maturities will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 2.6 cents lower than it would have opened on any other day.</p>
<p>In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own NIM as of the end of Wednesday's session are eligible to receive the 2.6 cents dividend payout for every share that they own. </p>
<p>According to the company, this dividend will be paid out to shareholders on November 01, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. </p>
<p><a href="https://www.benzinga.com/quote/NIM">Monitor live stock price updates for Nuveen Select Maturities on Benzinga.</a></p>


Dividends

Nuveen Select Maturities's Ex-Dividend Date Is Thursday, Here's What You Need To Know

<p><strong>First Horizon National Corporation </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fhn#NYSE">FHN</a>)&nbsp;reported second-quarter 2022 adjusted earnings per share of 34 cents. This excluded after-tax impacts of 5 cents per share from notable items related to the IBERIABANK Corporation and TD Bank merger transactions. The reported number missed the Zacks Consensus Estimate of 35 cents. Also, the figure declined 41% year over year.</p>
<p>The results reflect strong net interest income (NII) growth, high loan and lease balances, and a decline in expenses. However,&nbsp;a fall in non-interest income, lower deposits and higher provisions were headwinds.</p>
<p>Net income available to common shareholders was $166 million, down 44% year over year.</p>
<h3>Revenues &amp; Expenses Fall</h3>
<p>Total revenues were $743 million, down 5% year over year. Nonetheless, the top line surpassed the consensus estimate of $729.1 million.</p>
<p>NII increased 9% year over year to $542 million. Also, the net interest margin (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nim#NYSE">NIM</a>) rose 27 basis points (bps) to 2.74%.</p>
<p>Non-interest income was $201 million, plunging 29%.</p>
<p>Non-interest expenses fell 2% year over year to $489 million.</p>
<p>The efficiency ratio was 65.76%, up from the year-ago period&#39;s 63.67%. A rise in the efficiency ratio indicates a decrease in profitability.</p>
<p>Total period-end loans and leases, net of unearned income, were $56.53 billion, up 3% from the prior quarter&#39;s end. Total period-end deposits of $70.55 billion decreased 5%.</p>
<h3>Credit Quality: Mixed Bag</h3>
<p>Non-performing loans and leases of $301 million declined 12% from the prior-year period. The allowance for loan and lease losses of $624 million decreased 23%.</p>
<p>As of Jun 30, 2022, total allowance for loans and lease losses to loans and leases was 1.1%, down from 1.44% in the prior-year quarter.</p>
<p>However, the provision for credit losses was $30 million against a benefit of $115 million in the prior-year quarter. This reflected the impact of loan growth and the challenging macroeconomic outlook. Also, the second quarter witnessed net charge-offs of $12 million against a recovery of $10 million in the prior-year quarter.</p>
<h3>Capital Ratios Deteriorate</h3>
<p>Tier 1 leverage ratio was 9.1%, up from 8.2% in the prior year. As of Jun 30, 2022, Common Equity Tier 1 ratio was 9.8%, down from 10.3% in the year-earlier quarter.</p>
<p>Total capital ratio was 13%, down from the previous-year quarter&#39;s 13.1%.</p>
<h3>Our Viewpoint</h3>
<p>First Horizon has a diversified product base and has expanded its footprint in the targeted markets. The company&#39;s continuous focus on inorganic expansion renders an optimistic approach to investors.</p>
<div class="chart_embed">
<h3>First Horizon Corporation Price, Consensus and EPS Surprise</h3>
<p>&nbsp;</p>
<p><a href="https://www.zacks.com/stock/chart/FHN/price-consensus-eps-surprise-chart?icid=chart-FHN-price-consensus-eps-surprise-chart"><img alt="First Horizon Corporation Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/ec/1658322087.png" style="height:286px; width:620px" title="" /> </a></p>
<p>First Horizon currently carries a Zacks Rank #4 (Sell).</p>
</div>
<h3>Performance of Other Banks</h3>
<p><strong>U.S. Bancorp </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/usb#NYSE">USB</a>)&nbsp;reported second-quarter 2022 earnings per share of $1.09 (excluding merger and integration-related charges of 10 cents), which beat the Zacks Consensus Estimate of 1.07 per share. However, the bottom line does not compare favorably with the prior-year quarter&#39;s figure of $1.28.</p>
<p>Results were supported by an increase in revenues and average loan growth. U.S. Bancrop&#39;s credit quality was decent in the quarter. However, higher expenses and elevated provision for credit losses were the offsetting factors.</p>
<p><strong>First Republic Bank</strong>&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/frc#NYSE">FRC</a>) second-quarter 2022 earnings per share of $2.16 surpassed the Zacks Consensus Estimate of $2.05. Additionally, the bottom line improved 10.8% from the year-ago quarter.</p>
<p>Results benefited from an increase in NII and non-interest income. The First Republic Bank&#39;s capital position was strong during the quarter. Yet, higher expenses and elevated provision for credit losses were the undermining factors.<br />
&nbsp;<br />
<a href="http://www.zacks.com/stock/news/1955112/first-horizon-fhn-q2-earnings-miss-estimates-nii-improves?cid=CS-BENZ-FT-analyst_blog|earnings_article-1955112">To read this article on Zacks.com click here.</a><br />
&nbsp;<br />
<a href="http://www.zacks.com/">Zacks Investment Research</a></p>
<p><em>Image sourced from <a href="https://www.shutterstock.com/image-photo/guelph-ontario-canada-june-28-2020-1768486202">Shutterstock</a></em></p>


Options

AGTC

ALNA

Amplify YieldShares Oil Hedged MLP Income ETF

AMLX

ANNX

ATHX

BCAB

BDSX

BMEA

BNED

Borqs Technologies, Inc. - Ordinary Shares

BRQS

BTTX

Eaton Vance California Municipal Income Trust

CGEM

CRIS

CRMT

CTMX

CURV

CVRX

DRTT

Angel Oak Dynamic Financial Strategies Income Term Trust Common Shares of Beneficial Interest

DYFN

EBET

EMKR

Eaton Vance California Municipal Bond Fund

GAIA

GRPH

GRTS

HLXA

ICVX

INFU

IXHL

KBAL

LCII

LIQT

LMDX

LOTZ

LYLT

MEIP

MINM

Blackrock Muniyield Michigan Quality Fund

Blackrock Muniyield Pennsylvania Quality Fund

Blackrock Muni Intermediate Duration Fund Inc

Blackrock Muniyield New York Quality Fund

Neuberger Berman California Intermediate Municipal Fund

Nuveen Dynamic Municipal Opportunities Fund Common Shares of Beneficial Interest

Comments

Nuveen Select Maturities

Nuveen Select Maturities (NIM) Options

No option chain data available. Please try again later

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga