Nuvera Communications, Inc. (NUVR)
Nuvera Communications, Inc. operates in the Telecommunications Services industry of the Communication Services sector, headquartered in New Ulm, MN, US. The stock last traded at $17.05, down 2.35% on the session, giving a market capitalisation of $89.1M. On trailing twelve-month figures it carries a trailing P/E of 103.08, a net margin of 1.2%. Its beta of 0.16 implies it has historically moved less than the broad market.
Nuvera Communications, Inc., a diversified U.S. telecommunications firm, originated in 1905 and is based in New Ulm, Minnesota. The company, previously known as New Ulm Telecom, Inc. until its name change in June 2018, provides a wide array of communication and technology services. These include high-speed broadband and fiber-optic internet for both residential and business clients, Voice over Internet Protocol (VoIP) and conventional local phone services, and network access provisions for other carriers to route calls. Nuvera also offers various video services, such as commercial TV programming, cable television, and video-on-demand, in addition to managing IPTV and CATV systems. Its portfolio extends to managed IT solutions, comprising email services, web hosting and design, and online data backup/storage, as well as the sale and maintenance of customer premise equipment. Further offerings include directory publishing, billing services, cellular phone sales and repairs, operator assistance, and long-distance private lines. As of December 31, 2021, Nuvera supported 32,520 broadband connections and 17,216 access lines. Its operational footprint covers numerous communities and their surrounding rural areas in south-central Minnesota, specifically mentioning Bellechester, Courtland, Elko, Evan, Goodhue, Hanska, Hutchinson, Klossner, Litchfield, Mazeppa, New Market, New Ulm, Prior Lake, Redwood Falls, Sanborn, Savage, Searles, Sleepy Eye, Springfield, and White Rock, spanning Blue Earth, Brown, Goodhue, McLeod, Meeker, Nicollet, Redwood, Rice, Scott, and Wabasha counties. The company also serves Aurelia, Iowa, and its neighboring rural locales.
Nuvera Communications, Inc. is most often compared with the following Communication Services names: