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what it is
Nuvera sells internet, TV, phone, and business network services across parts of southern Minnesota and northern Iowa.
how it gets paid
Last year Nuvera Communication made $54M in revenue. Broadband internet access was the main engine at $21M, or 39% of sales.
why it's growing
Revenue grew 1.5% last year. EDGAR shows the latest quarter at $40M of revenue and $0.07 EPS.
what just happened
The quarter looked better on sales, but the bigger truth is full-year EPS landed at -$0.86 in 2024.
At a glance
C+ balance sheet — struggling to keep the lights on
20/100 earnings predictability — expect surprises
0.5% return on capital — nothing to write home about
-$0.86 fy2024 eps est
$69M fy2024 rev est
xvary composite: 37/100 — weak
What they do
Nuvera sells internet, TV, phone, and business network services across parts of southern Minnesota and northern Iowa.
This is a local network business. Your town either has Nuvera fiber in the ground or it does not. That matters because building a duplicate network is expensive, and Nuvera already serves its territory with 218 employees and seven communications companies.
How they make money
$54M
annual revenue · their business grew +1.5% last year
Broadband internet access
$21M
+4.0%
Video services (IPTV/CATV)
$11M
3.0%
Voice and long distance
$9M
5.0%
Managed services and private lines
$8M
+6.0%
Installation and other services
$5M
+2.0%
The products that matter
residential and business internet access
Broadband & Data
$45M · roughly 63% of revenue
This is the growth engine. At $45M, it is already the biggest revenue bucket, and the +5.2% growth rate is what has to carry the company while older services run off.
main growth driver
legacy phone connectivity
Voice Services
$18M · roughly 25% of revenue
This still matters because $18M is too large to ignore on a $71.2M revenue base. The catch is the -3.1% decline. Shrinking legacy revenue does not help you service fixed debt.
runoff revenue
video, bundles, and other services
Video & Other
$8M · roughly 12% of revenue
At $8M, this is the support cast. It helps keep customer relationships intact, but it is not large enough to rescue the story if broadband slows.
supporting revenue
Key numbers
$142M
long-term debt
That debt load is about 2.1 times Nuvera's $69M market cap. Small company, big balance-sheet baggage.
18.5%
operating margin
Operating margin → profit after running the business → so what: the core network can still produce decent operating profit.
0.5%
return on capital
Return on capital → profit earned on invested money → so what: Nuvera is not turning investment into strong returns.
-$0.86
FY2024 EPS
EPS → profit per share → so what: shareholders got a loss in 2024, even with positive operating margin.
Financial health
C+
strength
- balance sheet grade C+ — weak — may struggle to fund operations
- risk rank 3 — safer than 50% of stocks
- price stability 70 / 100
- long-term debt $142M (67% of capital)
C+ — balance sheet grade and long-term debt are flagged. this stock carries more risk than average.
Total return vs. market
Return history isn't available for NUVR right now.
source: institutional data · return history unavailable
What just happened
missed estimates
The quarter looked better on sales, but the bigger truth is full-year EPS landed at -$0.86 in 2024.
EDGAR shows the latest quarter at $40M of revenue and $0.07 EPS, while shows 2024 quarterly EPS of $0.14, -$0.08, $0.02, and -$0.91. That contrast tells you the business can post one decent quarter and still finish the year in the red.
$40M
revenue
$0.07
eps
+195%
revenue vs. last year
the number that mattered
The number that mattered was -$0.91 in fourth-quarter EPS from, because that one quarter largely explains the full-year loss.
source: and EDGAR, 2026
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What could go wrong
Nuvera's risk profile is unusually concentrated. This is not a company with 12 equally weighted worries. It is a $71.2M revenue telecom carrying $142M of debt while still losing money, so the same few pressure points keep showing up in every part of the story.
med
refinancing pressure gets louder than operating progress
$142M of long-term debt against roughly $71.2M of trailing revenue is the core problem. If borrowing costs stay elevated or lenders demand tighter terms, financing expense keeps competing with fiber investment for the same dollars.
Debt equal to about 67% of capital limits flexibility. When the balance sheet is this tight, small misses do not stay small for long.
med
voice decline starts dragging total revenue instead of just mix
Voice services still contribute $18M, or about one-quarter of revenue, and they declined -3.1%. If broadband's +5.2% growth slows, the shrinking legacy business stops being a background issue and becomes the top-line story.
That would make the current -6.26% margin harder to repair and weaken the transition argument investors are really paying to believe.
med
fiber spending keeps rising without enough return
Telecom networks need steady capital spending. Nuvera has to keep investing to grow broadband, but a 6.22% return on invested capital says those dollars are not producing standout returns yet.
If new builds do not turn into better margins or materially stronger revenue growth, you get more assets on the ground without much extra value for equity holders.
The risk stack is brutally simple: $142M of debt sits on a $71.2M revenue base and a $4.5M trailing loss. If broadband growth stops outrunning legacy decline, the balance sheet stops being a risk and starts being the entire thesis.
source: institutional data · regulatory filings · risk analysis
Pay attention to
metric
broadband growth has to stay clearly ahead of voice runoff
Broadband and data are $45M and grew +5.2%. Voice is still $18M and fell -3.1%. If that gap narrows, the transition story gets much harder to defend.
calendar
q1 2026 earnings release
Scheduled for Tuesday, May 26, 2026. You want to see whether losses narrow from the current $4.5M trailing level and whether broadband keeps doing the heavy lifting.
balance sheet
any sign debt costs are rising or terms are tightening
With $142M in long-term debt, capital structure updates matter more here than they would at a healthier operator. A small funding change can reshape the equity story.
trend
margin improvement, not just revenue growth
Revenue growth alone will not fix a -6.26% net margin. The next proof point is whether more broadband mix actually turns into better profitability.
Analyst rankings
earnings predictability
20 / 100
Low predictability means quarterly numbers can swing around. In human-speak, analysts do not see this as a smooth, easy-to-model business.
balance sheet grade
C+
That is a middling financial-strength score. Translation: the company can operate, but it does not have much room for mistakes.
price stability
70 / 100
The stock price has been steadier than the fundamentals. That can feel reassuring right up until the fundamentals force the chart to catch up.
source: institutional data
Institutional activity
institutional ownership data for NUVR is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$14
current price
n/a
target midpoint · n/a from current
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