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NUVEEN MUNICIPAL INCOME (NMI) Stock Price, Forecast & Analysis

USA - New York Stock Exchange - NYSE:NMI - US67062J1025

9.93 USD
-0.09 (-0.9%)
Last: 11/21/2025, 8:04:00 PM
Fundamental Rating

3

Taking everything into account, NMI scores 3 out of 10 in our fundamental rating. NMI was compared to 0 industry peers in the Unkown industry. While NMI seems to be doing ok healthwise, there are quite some concerns on its profitability. NMI has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

In the past year NMI was profitable.
NMI had a positive operating cash flow in the past year.
Of the past 5 years NMI 4 years were profitable.
Of the past 5 years NMI 4 years had a positive operating cash flow.
NMI Yearly Net Income VS EBIT VS OCF VS FCFNMI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M

1.2 Ratios

The last Return On Invested Capital (3.57%) for NMI is above the 3 year average (3.16%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 3.47%
ROE 3.51%
ROIC 3.57%
ROA(3y)-0.56%
ROA(5y)0.91%
ROE(3y)-0.52%
ROE(5y)0.95%
ROIC(3y)3.16%
ROIC(5y)2.96%
NMI Yearly ROA, ROE, ROICNMI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10

1.3 Margins

NMI's Profit Margin has improved in the last couple of years.
In the last couple of years the Operating Margin of NMI has remained more or less at the same level.
NMI's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 84.66%
PM (TTM) 65.72%
GM 87.5%
OM growth 3Y0.48%
OM growth 5Y-0.02%
PM growth 3Y31.18%
PM growth 5Y9.16%
GM growth 3Y1.38%
GM growth 5Y0.34%
NMI Yearly Profit, Operating, Gross MarginsNMI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200 -200 -400

6

2. Health

2.1 Basic Checks

NMI has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, NMI has more shares outstanding
There is no outstanding debt for NMI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
NMI Yearly Shares OutstandingNMI Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M
NMI Yearly Total Debt VS Total AssetsNMI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

2.2 Solvency

An Altman-Z score of 61.97 indicates that NMI is not in any danger for bankruptcy at the moment.
NMI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 61.97
ROIC/WACCN/A
WACCN/A
NMI Yearly LT Debt VS Equity VS FCFNMI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M 60M 80M 100M

2.3 Liquidity

A Current Ratio of 1.10 indicates that NMI should not have too much problems paying its short term obligations.
NMI has a Quick Ratio of 1.10. This is a normal value and indicates that NMI is financially healthy and should not expect problems in meeting its short term obligations.
Industry RankSector Rank
Current Ratio 1.1
Quick Ratio 1.1
NMI Yearly Current Assets VS Current LiabilitesNMI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1M 2M 3M 4M

2

3. Growth

3.1 Past

The earnings per share for NMI have decreased strongly by -20.45% in the last year.
The Earnings Per Share has been growing by 9.24% on average over the past years. This is quite good.
The Revenue has grown by 10.66% in the past year. This is quite good.
The Revenue has been growing slightly by 2.61% on average over the past years.
EPS 1Y (TTM)-20.45%
EPS 3Y39.12%
EPS 5Y9.24%
EPS Q2Q%-109.68%
Revenue 1Y (TTM)10.66%
Revenue growth 3Y5.98%
Revenue growth 5Y2.61%
Sales Q2Q%5.98%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
NMI Yearly Revenue VS EstimatesNMI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1M 2M 3M 4M 5M

0

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 28.37, NMI can be considered very expensive at the moment.
NMI's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.45.
Industry RankSector Rank
PE 28.37
Fwd PE N/A
NMI Price Earnings VS Forward Price EarningsNMI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

Industry RankSector Rank
P/FCF 27.03
EV/EBITDA N/A
NMI Per share dataNMI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)3.07
EPS Next 2YN/A
EPS Next 3YN/A

4

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 4.21%, NMI is a good candidate for dividend investing.
Compared to an average S&P500 Dividend Yield of 2.45, NMI pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.21%

5.2 History

The dividend of NMI decreases each year by -3.27%.
NMI has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of NMI decreased in the last 3 years.
Dividend Growth(5Y)-3.27%
Div Incr Years2
Div Non Decr Years2
NMI Yearly Dividends per shareNMI Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

129.68% of the earnings are spent on dividend by NMI. This is not a sustainable payout ratio.
DP129.68%
EPS Next 2YN/A
EPS Next 3YN/A
NMI Yearly Income VS Free CF VS DividendNMI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M
NMI Dividend Payout.NMI Dividend Payout, showing the Payout Ratio.NMI Dividend Payout.PayoutRetained Earnings

NUVEEN MUNICIPAL INCOME

NYSE:NMI (11/21/2025, 8:04:00 PM)

9.93

-0.09 (-0.9%)

Chartmill FA Rating
GICS SectorN/A
GICS IndustryGroupN/A
GICS IndustryN/A
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners11.44%
Inst Owner Change14.44%
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap102.18M
Revenue(TTM)5.28M
Net Income(TTM)3.47M
Analysts0
Price TargetN/A
Short Float %0.23%
Short Ratio1.05
Dividend
Industry RankSector Rank
Dividend Yield 4.21%
Yearly Dividend0.43
Dividend Growth(5Y)-3.27%
DP129.68%
Div Incr Years2
Div Non Decr Years2
Ex-Date11-14 2025-11-14 (0.038)
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 28.37
Fwd PE N/A
P/S 19.35
P/FCF 27.03
P/OCF 27.03
P/B 1.03
P/tB 1.03
EV/EBITDA N/A
EPS(TTM)0.35
EY3.52%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.37
FCFY3.7%
OCF(TTM)0.37
OCFY3.7%
SpS0.51
BVpS9.62
TBVpS9.62
PEG (NY)N/A
PEG (5Y)3.07
Graham Number8.7
Profitability
Industry RankSector Rank
ROA 3.47%
ROE 3.51%
ROCE 4.52%
ROIC 3.57%
ROICexc 3.57%
ROICexgc 3.57%
OM 84.66%
PM (TTM) 65.72%
GM 87.5%
FCFM 71.59%
ROA(3y)-0.56%
ROA(5y)0.91%
ROE(3y)-0.52%
ROE(5y)0.95%
ROIC(3y)3.16%
ROIC(5y)2.96%
ROICexc(3y)3.19%
ROICexc(5y)2.99%
ROICexgc(3y)3.19%
ROICexgc(5y)2.99%
ROCE(3y)4%
ROCE(5y)3.75%
ROICexgc growth 3Y9.83%
ROICexgc growth 5Y2.21%
ROICexc growth 3Y9.83%
ROICexc growth 5Y2.21%
OM growth 3Y0.48%
OM growth 5Y-0.02%
PM growth 3Y31.18%
PM growth 5Y9.16%
GM growth 3Y1.38%
GM growth 5Y0.34%
F-Score6
Asset Turnover0.05
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 250
Cash Conversion N/A
Profit Quality 108.93%
Current Ratio 1.1
Quick Ratio 1.1
Altman-Z 61.97
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-20.45%
EPS 3Y39.12%
EPS 5Y9.24%
EPS Q2Q%-109.68%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)10.66%
Revenue growth 3Y5.98%
Revenue growth 5Y2.61%
Sales Q2Q%5.98%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y12.9%
EBIT growth 3Y6.48%
EBIT growth 5Y2.59%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y509.68%
FCF growth 3Y39.03%
FCF growth 5Y12.01%
OCF growth 1Y509.68%
OCF growth 3Y39.03%
OCF growth 5Y12.01%

NUVEEN MUNICIPAL INCOME / NMI FAQ

Can you describe the business of NUVEEN MUNICIPAL INCOME?

Nuveen Municipal Income Fund Inc is a US-based company operating in industry. The company is headquartered in Chicago, Illinois. Nuveen Municipal Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is a high level of current income exempt from federal income tax, which the Fund seeks to achieve by investing primarily in a diversified portfolio of tax-exempt municipal obligations. Under normal circumstances, the Fund will invest at least 80% of its assets in municipal securities and other related investments, the income from which is exempt from regular federal income taxes. The company may invest up to 20% of its Managed Assets in municipal securities that pay interest that is taxable under the federal alternative minimum tax. The company may invest up to 15% of its Managed Assets in inverse floating rate securities. The Fund's portfolio includes tax obligation/limited, transportation, education and civic organizations, utilities, long term care, tax obligation/general, consumer staples and industrials. Nuveen Fund Advisors, LLC is the Fund's investment adviser.


What is the stock price of NUVEEN MUNICIPAL INCOME today?

The current stock price of NMI is 9.93 USD. The price decreased by -0.9% in the last trading session.


What is the ChartMill rating of NUVEEN MUNICIPAL INCOME stock?

NMI has a ChartMill Technical rating of 3 out of 10 and a ChartMill Fundamental rating of 3 out of 10.