NASDAQ:NMFC New Mountain Finance (NMFC) Stock Forecast, Price & News $12.32 +0.13 (+1.07%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$12.20▼$12.3550-Day Range$11.42▼$12.3252-Week Range$11.09▼$13.59Volume152,627 shsAverage Volume317,217 shsMarket Capitalization$1.24 billionP/E Ratio15.80Dividend Yield10.39%Price Target$12.67 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media New Mountain Finance MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside2.8% Upside$12.67 Price TargetShort InterestBearish2.74% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$4 M Bought Last QuarterProj. Earnings Growth-2.61%From $1.53 to $1.49 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.76 out of 5 starsFinance Sector745th out of 863 stocksInvestors, Not Elsewhere Classified Industry7th out of 15 stocks 1.0 Analyst's Opinion Consensus RatingNew Mountain Finance has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.67, New Mountain Finance has a forecasted upside of 2.8% from its current price of $12.32.Amount of Analyst CoverageNew Mountain Finance has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.74% of the float of New Mountain Finance has been sold short.Short Interest Ratio / Days to CoverNew Mountain Finance has a short interest ratio ("days to cover") of 6.6.Change versus previous monthShort interest in New Mountain Finance has recently increased by 2.16%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend LeadershipNew Mountain Finance is a leading dividend payer. It pays a dividend yield of 10.57%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNew Mountain Finance has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of New Mountain Finance is 164.10%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, New Mountain Finance will have a dividend payout ratio of 85.91% in the coming year. This indicates that New Mountain Finance may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NMFC. Previous Next 2.9 News and Social Media Coverage News SentimentNew Mountain Finance has a news sentiment score of 1.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for New Mountain Finance this week, compared to 1 article on an average week.Search Interest7 people have searched for NMFC on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added New Mountain Finance to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, New Mountain Finance insiders have bought more of their company's stock than they have sold. Specifically, they have bought $3,998,333.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders10.22% of the stock of New Mountain Finance is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 30.98% of the stock of New Mountain Finance is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for New Mountain Finance are expected to decrease by -2.61% in the coming year, from $1.53 to $1.49 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Mountain Finance is 15.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.45.Price to Earnings Ratio vs. SectorThe P/E ratio of New Mountain Finance is 15.80, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 156.39.Price to Book Value per Share RatioNew Mountain Finance has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About New Mountain Finance (NASDAQ:NMFC) StockNew Mountain Finance Corp. is a is an externally managed, closed-end, non-diversified management investment company, which engages in investments in the middle market. Its objective investment is to generate current income and capital appreciation through investments in debt securities and equity interests. The company was founded on June 29, 2010 & completed its initial public offering (""IPO"") on May 19, 2011 and headquartered in New York, NY.Read More Receive NMFC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for New Mountain Finance and its competitors with MarketBeat's FREE daily newsletter. Email Address NMFC Stock News HeadlinesMay 21, 2023 | americanbankingnews.comNew Mountain Finance (NYSE:NMFC) Earns Hold Rating from Analysts at StockNews.comMay 18, 2023 | americanbankingnews.comNew Mountain Finance (NYSE:NMFC) Coverage Initiated by Analysts at StockNews.comJune 6, 2023 | MarketBeat Internal (Ad)Introducing MarketBeat All AccessGet real-time financial news and market data with MarketBeat All Access. Monitor your portfolio and the markets. Access our top stock picks, unbeatable research tools, best-in-class stock screeners, and proprietary research reports.May 17, 2023 | americanbankingnews.comNew Mountain Finance Co. (NASDAQ:NMFC) CFO Laura Holson Boswerger Acquires 14,975 SharesMay 12, 2023 | msn.comOppenheimer Maintains New Mountain Finance (NMFC) Outperform RecommendationMay 11, 2023 | americanbankingnews.comQ2 2023 Earnings Forecast for New Mountain Finance Co. (NASDAQ:NMFC) Issued By B. RileyMay 10, 2023 | finance.yahoo.comQ1 2023 New Mountain Finance Corp Earnings CallMay 9, 2023 | seekingalpha.comNew Mountain Finance Corporation (NMFC) Q1 2023 Earnings Call TranscriptJune 6, 2023 | MarketBeat Internal (Ad)Introducing MarketBeat All AccessGet real-time financial news and market data with MarketBeat All Access. Monitor your portfolio and the markets. Access our top stock picks, unbeatable research tools, best-in-class stock screeners, and proprietary research reports.May 9, 2023 | seekingalpha.comNew Mountain Finance 2023 Q1 - Results - Earnings Call PresentationMay 8, 2023 | finance.yahoo.comNew Mountain Finance Corporation Announces First Quarter Financial ResultsMay 8, 2023 | finance.yahoo.comNew Mountain Finance (NMFC) Q1 Earnings and Revenues Beat EstimatesMay 8, 2023 | msn.comNew Mountain Finance Q1 2023 Earnings PreviewMay 6, 2023 | americanbankingnews.comNew Mountain Finance (NMFC) Set to Announce Earnings on MondayMay 5, 2023 | marketwatch.com8-K: New Mountain Finance CorpApril 20, 2023 | americanbankingnews.comNew Mountain Finance (NASDAQ:NMFC) Shares Gap Down to $12.17April 19, 2023 | msn.comWells Fargo Downgrades New Mountain Finance (NMFC)April 18, 2023 | americanbankingnews.comNew Mountain Finance (NASDAQ:NMFC) Cut to "Equal Weight" at Wells Fargo & CompanyApril 15, 2023 | americanbankingnews.comHead-To-Head Review: Principal Financial Group (NYSE:PFG) versus New Mountain Finance (NYSE:NMFC)April 13, 2023 | americanbankingnews.comNew Mountain Finance (NYSE:NMFC) vs. Canaccord Genuity Group (OTCMKTS:CCORF) Head-To-Head ComparisonApril 11, 2023 | seekingalpha.comNew Mountain Finance: 7% Discount To NAV, Raised Dividend, Buy The DipApril 6, 2023 | finance.yahoo.comNew Mountain Finance Corporation Schedules its First Quarter 2023 Earnings Release and Conference CallApril 4, 2023 | americanbankingnews.comNew Mountain Finance (NYSE:NMFC) vs. AGF Management (OTCMKTS:AGFMF) Head to Head ComparisonMarch 23, 2023 | americanbankingnews.comSteven B. Klinsky Acquires 100,000 Shares of New Mountain Finance Co. (NASDAQ:NMFC) StockMarch 18, 2023 | benzinga.comDirector At This Financials Company Buys $2.37M of StockMarch 18, 2023 | benzinga.com120K Reasons To Be Bullish On New Mountain Finance StockMarch 11, 2023 | finance.yahoo.comNew Mountain Finance Corporation (NASDAQ:NMFC) Q4 2022 Earnings Call TranscriptSee More Headlines NMFC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NMFC Company Calendar Ex-Dividend for 3/31 Dividend3/16/2023Dividend Payable3/31/2023Last Earnings5/08/2023Today6/06/2023Ex-Dividend for 6/30 Dividend6/15/2023Dividend Payable6/30/2023Next Earnings (Estimated)8/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Investors, not elsewhere classified Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:NMFC CUSIPN/A CIK1496099 Webwww.newmountainfinance.com Phone(212) 720-0300FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$12.67 High Stock Price Forecast$13.00 Low Stock Price Forecast$12.50 Forecasted Upside/Downside+2.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.78 Trailing P/E Ratio15.80 Forward P/E Ratio8.05 P/E GrowthN/ANet Income$74.73 million Net Margins26.18% Pretax Margin26.23% Return on Equity10.36% Return on Assets4.13% Debt Debt-to-Equity Ratio1.49 Current Ratio1.98 Quick Ratio1.98 Sales & Book Value Annual Sales$294.63 million Price / Sales4.22 Cash Flow$2.30 per share Price / Cash Flow5.35 Book Value$13.14 per share Price / Book0.94Miscellaneous Outstanding Shares100,940,000Free Float90,621,000Market Cap$1.24 billion OptionableOptionable Beta1.15 Key ExecutivesJohn R. KlinePresident, Chief Executive Officer & DirectorLaura C. HolsonTreasurer, Chief Operating & Financial OfficerJoseph W. HartswellSecretary & Chief Compliance OfficerAdam B. WeinsteinChief Administrative Officer, EVP & DirectorKaitlyn E. GrigoleitAssistant ControllerKey CompetitorsSixth Street Specialty LendingNYSE:TSLXCapital SouthwestNASDAQ:CSWCPennantPark Floating Rate CapitalNASDAQ:PFLTGladstone InvestmentNASDAQ:GAINTriplePoint Venture Growth BDCNYSE:TPVGView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 15,073 shares on 5/26/2023Ownership: 0.015%Brandywine Global Investment Management LLCBought 8,170 shares on 5/25/2023Ownership: 0.524%Empower Advisory Group LLCBought 22,206 shares on 5/25/2023Ownership: 0.022%Ameriprise Financial Inc.Sold 1,196 shares on 5/22/2023Ownership: 0.153%JPMorgan Chase & Co.Bought 28,871 shares on 5/18/2023Ownership: 1.138%View All Insider TransactionsView All Institutional Transactions NMFC Stock - Frequently Asked Questions Should I buy or sell New Mountain Finance stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Mountain Finance in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NMFC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NMFC, but not buy additional shares or sell existing shares. View NMFC analyst ratings or view top-rated stocks. What is New Mountain Finance's stock price forecast for 2023? 2 brokerages have issued 12 month target prices for New Mountain Finance's shares. Their NMFC share price forecasts range from $12.50 to $13.00. On average, they anticipate the company's stock price to reach $12.67 in the next year. This suggests a possible upside of 2.8% from the stock's current price. View analysts price targets for NMFC or view top-rated stocks among Wall Street analysts. How have NMFC shares performed in 2023? New Mountain Finance's stock was trading at $12.37 at the beginning of 2023. Since then, NMFC shares have decreased by 0.4% and is now trading at $12.32. View the best growth stocks for 2023 here. When is New Mountain Finance's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023. View our NMFC earnings forecast. How were New Mountain Finance's earnings last quarter? New Mountain Finance Co. (NASDAQ:NMFC) issued its earnings results on Monday, May, 8th. The company reported $0.38 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.02. The company had revenue of $91.95 million for the quarter, compared to the consensus estimate of $87.05 million. New Mountain Finance had a trailing twelve-month return on equity of 10.36% and a net margin of 26.18%. How often does New Mountain Finance pay dividends? What is the dividend yield for New Mountain Finance? New Mountain Finance declared a Variable dividend on Tuesday, April 25th. Investors of record on Friday, June 16th will be given a dividend of $0.35 per share on Friday, June 30th. This represents a yield of 10.8%. The ex-dividend date of this dividend is Thursday, June 15th. Read our dividend analysis for NMFC. What ETFs hold New Mountain Finance's stock? ETFs with the largest weight of New Mountain Finance (NASDAQ:NMFC) stock in their portfolio include VanEck BDC Income ETF (BIZD), ProShares Global Listed Private Equity ETF (PEX), Virtus Private Credit Strategy ETF (VPC) and GraniteShares HIPS US High Income ETF (HIPS).Invesco Global Listed Private Equity ETF (PSP). Is New Mountain Finance a good dividend stock? New Mountain Finance (NASDAQ:NMFC) pays an annual dividend of $1.28 per share and currently has a dividend yield of 10.57%. NMFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 164.10%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, NMFC will have a dividend payout ratio of 85.91% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for NMFC. What is New Mountain Finance's stock symbol? New Mountain Finance trades on the NASDAQ under the ticker symbol "NMFC." Who are New Mountain Finance's major shareholders? New Mountain Finance's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Cerity Partners LLC (3.88%), Allspring Global Investments Holdings LLC (3.09%), LSV Asset Management (2.37%), Van ECK Associates Corp (1.32%), Dimension Capital Management LLC (1.17%) and JPMorgan Chase & Co. (1.14%). Insiders that own company stock include Adam Weinstein, Alice Handy, David Ogens, James Stone, John Kline, Joseph Hartswell, Laura Holson Boswerger, Robert Hamwee, Rome G Arnold III and Steven B Klinsky. View institutional ownership trends. How do I buy shares of New Mountain Finance? Shares of NMFC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is New Mountain Finance's stock price today? One share of NMFC stock can currently be purchased for approximately $12.32. How much money does New Mountain Finance make? New Mountain Finance (NASDAQ:NMFC) has a market capitalization of $1.24 billion and generates $294.63 million in revenue each year. The company earns $74.73 million in net income (profit) each year or $0.78 on an earnings per share basis. How can I contact New Mountain Finance? New Mountain Finance's mailing address is 787 Seventh Avenue 48th Floor, New York NY, 10019. The official website for the company is www.newmountainfinance.com. The company can be reached via phone at (212) 720-0300 or via email at nmfcir@newmountaincapital.com. This page (NASDAQ:NMFC) was last updated on 6/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding New Mountain Finance Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.