Nuvera Communications, Inc. operates as a diversified communications company, which engages in the operation of five local telephone companies and incumbent local exchange carriers and the operation of two competitive local exchange carrier's telephone companies. It offers local service, network access, cellular services, long distance, internet services, TV programming, directory publishing, sales and service of customer premise equipment and bill processing services. The company was founded on May 1, 1905 and is headquartered in New Ulm, MN.
Company profile
Ticker
NUVR
Exchange
Website
CEO
Glenn Zerbe
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
NEW ULM TELECOM INC
SEC CIK
Corporate docs
Subsidiaries
Hutchinson Cellular, Inc. • Hutchinson Telecommunications, Inc. • Hutchinson Telephone Company • Peoples Telephone Company • Scott Rice Telephone Co. • Sleepy Eye Telephone Company • TechTrends, Inc. • Western Telephone Company ...
IRS number
410440990
NUVR stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
25 Jun 24
8-K
Perry Meyer to Retire as Nuvera Board Chair; New Ulm Native and Business Leader, James Seifert Elected Incoming Chair
28 May 24
10-Q
2024 Q1
Quarterly report
10 May 24
DEF 14A
Definitive proxy
12 Apr 24
10-K/A
2023 FY
Annual report (amended)
20 Mar 24
10-K
2023 FY
Annual report
15 Mar 24
8-K
Entry into a Material Definitive Agreement
21 Dec 23
8-K
Other Events
12 Dec 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
8-K
Nuvera Announces Plans to Suspend Dividend as Company Focuses on Preserving Capital for New Fiber Network Growth
2 Oct 23
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 208.31 k | 208.31 k | 208.31 k | 208.31 k | 208.31 k | 208.31 k |
Cash burn (monthly) | 350.53 k | 51.84 k | (no burn) | 164.86 k | (no burn) | (no burn) |
Cash used (since last report) | 1.36 mm | 200.43 k | n/a | 637.39 k | n/a | n/a |
Cash remaining | -1.15 mm | 7.88 k | n/a | -429.08 k | n/a | n/a |
Runway (months of cash) | -3.3 | 0.2 | n/a | -2.6 | n/a | n/a |
Institutional ownership, Q1 2021
0.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 1 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 35.00 k |
Total shares | 1.50 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Cove Street Capital | 1.50 k | $35.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 May 24 | Meyer Perry | Nuvera Communications, Inc. Common Stock | Grant | Acquire A | No | No | 9.45 | 690 | 6.52 k | 94,321 |
24 May 24 | Meyer Perry | Nuvera Communications, Inc. Common Stock | Grant | Acquire A | No | No | 9.4 | 100 | 940.00 | 93,631 |
24 May 24 | Meyer Perry | Nuvera Communications, Inc. Common Stock | Grant | Acquire A | No | No | 9.35 | 200 | 1.87 k | 93,531 |
24 May 24 | Meyer Perry | Nuvera Communications, Inc. Common Stock | Grant | Acquire A | No | No | 9.3 | 100 | 930.00 | 93,331 |
24 May 24 | Meyer Perry | Nuvera Communications, Inc. Common Stock | Grant | Acquire A | No | No | 9.2 | 100 | 920.00 | 93,231 |
24 May 24 | Meyer Perry | Nuvera Communications, Inc. Common Stock | Grant | Acquire A | No | No | 9.19 | 10 | 91.90 | 93,131 |
24 May 24 | Meyer Perry | Nuvera Communications, Inc. Common Stock | Grant | Acquire A | No | No | 9.99 | 1,890 | 18.88 k | 97,321 |
24 May 24 | Meyer Perry | Nuvera Communications, Inc. Common Stock | Grant | Acquire A | No | No | 9.6 | 800 | 7.68 k | 95,431 |
24 May 24 | Meyer Perry | Nuvera Communications, Inc. Common Stock | Grant | Acquire A | No | No | 9.5 | 100 | 950.00 | 94,631 |
24 May 24 | Meyer Perry | Nuvera Communications, Inc. Common Stock | Grant | Acquire A | No | No | 9.49 | 210 | 1.99 k | 94,531 |