NYSE:NMFC - New Mountain Finance Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$13.55 -0.15 (-1.09 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$13.70
Today's Range$13.50 - $13.70
52-Week Range$12.05 - $14.50
Volume249,331 shs
Average Volume247,000 shs
Market Capitalization$1.04 billion
P/E Ratio10.50
Dividend Yield10.00%
Beta0.54
New Mountain Finance logoNew Mountain Finance Corporation is a closed-end, non-diversified management investment company. The Company's investment objective is to generate current income and capital appreciation through the sourcing and origination of debt securities at all levels of the capital structure, including first and second lien debt, notes, bonds and mezzanine securities. Its investments may also include equity interests, such as preferred stock, common stock, warrants or options received in connection with its debt investments or may include a direct investment in the equity of private companies. The Company makes investments through both primary originations and open-market secondary purchases. Its investment portfolio includes its investments in various industries, such as business services, software, consumer services, investment fund, education, energy, healthcare services, distribution and logistics, and Federal services. Its investment advisor is New Mountain Finance Advisers BDC, L.L.C.

Receive NMFC News and Ratings via Email

Sign-up to receive the latest news and ratings for NMFC and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Investors, not elsewhere classified
Sub-IndustryAsset Management & Custody Banks
SectorFinance
SymbolNYSE:NMFC
CUSIP64755110
Phone212-720-0300

Debt

Debt-to-Equity Ratio1.04
Current Ratio0.95
Quick Ratio0.95

Price-To-Earnings

Trailing P/E Ratio10.50
Forward P/E Ratio9.89
P/E GrowthN/A

Sales & Book Value

Annual Sales$197.81 million
Price / Sales5.21
Cash Flow$0.6626 per share
Price / Cash20.45
Book Value$13.65 per share
Price / Book0.99

Profitability

EPS (Most Recent Fiscal Year)$1.29
Net Income$109.39 million
Net Margins46.52%
Return on Equity10.11%
Return on Assets5.12%

Miscellaneous

EmployeesN/A
Outstanding Shares76,110,000
Market Cap$1.04 billion

New Mountain Finance (NYSE:NMFC) Frequently Asked Questions

What is New Mountain Finance's stock symbol?

New Mountain Finance trades on the New York Stock Exchange (NYSE) under the ticker symbol "NMFC."

How often does New Mountain Finance pay dividends? What is the dividend yield for New Mountain Finance?

New Mountain Finance declared a quarterly dividend on Wednesday, August 8th. Shareholders of record on Friday, September 14th will be paid a dividend of $0.34 per share on Friday, September 28th. This represents a $1.36 dividend on an annualized basis and a yield of 10.04%. The ex-dividend date is Thursday, September 13th. View New Mountain Finance's Dividend History.

How were New Mountain Finance's earnings last quarter?

New Mountain Finance Corp. (NYSE:NMFC) announced its quarterly earnings data on Tuesday, August, 7th. The investment management company reported $0.34 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.35 by $0.01. The investment management company had revenue of $54.60 million for the quarter, compared to the consensus estimate of $53.10 million. New Mountain Finance had a net margin of 46.52% and a return on equity of 10.11%. View New Mountain Finance's Earnings History.

When is New Mountain Finance's next earnings date?

New Mountain Finance is scheduled to release their next quarterly earnings announcement on Tuesday, November, 6th 2018. View Earnings Estimates for New Mountain Finance.

What price target have analysts set for NMFC?

1 brokers have issued 12 month price objectives for New Mountain Finance's stock. Their predictions range from $15.00 to $15.00. On average, they anticipate New Mountain Finance's stock price to reach $15.00 in the next year. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Price Targets for New Mountain Finance.

What is the consensus analysts' recommendation for New Mountain Finance?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Mountain Finance in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for New Mountain Finance.

Who are some of New Mountain Finance's key competitors?

Who are New Mountain Finance's key executives?

New Mountain Finance's management team includes the folowing people:
  • Steven B. Klinsky, Chairman of the Board (Age 60)
  • John R. Kline, President, Chief Operating Officer (Age 54)
  • Robert A. Hamwee, Chief Executive Officer, Director (Age 46)
  • Shiraz Y. Kajee, Chief Financial Officer, Treasurer (Age 37)
  • Adam B. Weinstein CPA, Executive Vice President, Chief Administrative Officer, Director (Age 38)
  • Karrie J. Jerry, Chief Compliance Officer, Corporate Secretary (Age 42)
  • Rome G. Arnold III, Director (Age 61)
  • Alfred F. Hurley Jr., Independent Director (Age 62)
  • David Ogens, Independent Director (Age 62)
  • Kurt J. Wolfgruber, Independent Director (Age 66)

Has New Mountain Finance been receiving favorable news coverage?

News headlines about NMFC stock have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. New Mountain Finance earned a coverage optimism score of 0.18 on Accern's scale. They also assigned news articles about the investment management company an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for New Mountain Finance.

Who are New Mountain Finance's major shareholders?

New Mountain Finance's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Round Table Services LLC (2.27%), LSV Asset Management (2.07%), Advisors Capital Management LLC (0.79%), Dimension Capital Management LLC (0.70%), Van ECK Associates Corp (0.62%) and Advisors Asset Management Inc. (0.58%). Company insiders that own New Mountain Finance stock include Adam Weinstein, Alfred F Hurley Jr, David Malpass, David Ogens, James Stone, John Kline, Karrie J Jerry, Kurt Wolfgruber, Robert Hamwee, Shiraz Kajee and Steven B Klinsky. View Institutional Ownership Trends for New Mountain Finance.

Which major investors are selling New Mountain Finance stock?

NMFC stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Advisors Asset Management Inc., Millennium Management LLC, Sumitomo Mitsui Asset Management Company LTD, BlackRock Inc., Advisors Capital Management LLC, Monument Capital Management and Northern Trust Corp. View Insider Buying and Selling for New Mountain Finance.

Which major investors are buying New Mountain Finance stock?

NMFC stock was acquired by a variety of institutional investors in the last quarter, including Round Table Services LLC, Dimension Capital Management LLC, Standard Life Aberdeen plc, BlueMountain Capital Management LLC, Advisors Asset Management Inc., Van ECK Associates Corp, California Public Employees Retirement System and Legal & General Group Plc. Company insiders that have bought New Mountain Finance stock in the last two years include Adam Weinstein, Alfred F Hurley Jr, David Ogens, James Stone, John Kline, Karrie J Jerry, Kurt Wolfgruber, Robert Hamwee, Shiraz Kajee and Steven B Klinsky. View Insider Buying and Selling for New Mountain Finance.

How do I buy shares of New Mountain Finance?

Shares of NMFC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is New Mountain Finance's stock price today?

One share of NMFC stock can currently be purchased for approximately $13.55.

How big of a company is New Mountain Finance?

New Mountain Finance has a market capitalization of $1.04 billion and generates $197.81 million in revenue each year. The investment management company earns $109.39 million in net income (profit) each year or $1.29 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 investment management company can be reached via phone at 212-720-0300 or via email at [email protected]


MarketBeat Community Rating for New Mountain Finance (NYSE NMFC)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  142 (Vote Outperform)
Underperform Votes:  247 (Vote Underperform)
Total Votes:  389
MarketBeat's community ratings are surveys of what our community members think about New Mountain Finance and other stocks. Vote "Outperform" if you believe NMFC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NMFC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel