New Mountain Finance Corp. Company Profile (NYSE:NMFC)

About New Mountain Finance Corp. (NMFC)

New Mountain Finance Corp. 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. It makes investments through both primary originations and open-market secondary purchases. Its portfolio includes investments in various sectors, such as software, business services, education, distribution and logistics, federal services, consumer services, healthcare services, media and healthcare products. New Mountain Finance Advisers BDC, L.L.C. is the investment advisor of the Company.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: Asset Management & Custody Banks
  • Exchange: NYSE
  • Symbol: NMFC
  • CUSIP: 64755110
Key Metrics:
  • Previous Close: $14.65
  • 50 Day Moving Average: $14.73
  • 200 Day Moving Average: $14.13
  • 52-Week Range: $12.10 - $14.93
  • Trailing P/E Ratio: 9.24
  • Foreward P/E Ratio: 10.57
  • P/E Growth: 0.00
  • Market Cap: $1.03B

Analyst Ratings

Consensus Ratings for New Mountain Finance Corp. (NYSE:NMFC) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $13.50 (8.78% downside)

Analysts' Ratings History for New Mountain Finance Corp. (NYSE:NMFC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/5/2016Oppenheimer Holdings Inc.Boost Price TargetOutperform$13.00 -> $14.00N/AView Rating Details
7/14/2016Robert W. BairdDowngradeOutperform -> Neutral$13.00N/AView Rating Details
4/27/2016Janney Montgomery ScottReiterated RatingHoldN/AView Rating Details
3/8/2016Keefe, Bruyette & WoodsReiterated RatingHoldN/AView Rating Details
6/10/2015WedbushInitiated CoverageNeutral$15.00N/AView Rating Details
(Data available from 3/26/2015 forward)

Earnings

Earnings History for New Mountain Finance Corp. (NYSE:NMFC)
Earnings by Quarter for New Mountain Finance Corp. (NYSE:NMFC)
Earnings History by Quarter for New Mountain Finance Corp. (NYSE:NMFC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
8/3/2016Q216$0.34$0.34$41.92 millionViewN/AView Earnings Details
5/4/2016Q116$0.34$0.34$42.04 millionViewN/AView Earnings Details
2/29/2016Q415$0.35$0.35$41.72 millionViewListenView Earnings Details
11/4/2015Q315$0.35$0.35$37.95 millionViewN/AView Earnings Details
8/5/2015Q215$0.34$0.35$38.03 millionViewN/AView Earnings Details
5/5/2015$0.34$0.34ViewN/AView Earnings Details
3/2/2015Q414$0.36$0.34$37.30 millionViewN/AView Earnings Details
11/5/2014Q314$0.35$0.35$34.10 millionViewN/AView Earnings Details
5/7/2014$0.35$0.37ViewN/AView Earnings Details
3/5/2014Q413$0.35$0.35$28.09 millionViewN/AView Earnings Details
11/12/2013Q313$0.34$0.35$26.82 million$25.79 millionViewN/AView Earnings Details
8/7/2013Q2 2013$0.34$0.38$27.05 millionViewN/AView Earnings Details
5/6/2013Q1 2013$0.35$0.34$25.34 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for New Mountain Finance Corp. (NYSE:NMFC)
Current Year EPS Consensus Estimate: $1.38 EPS
Next Year EPS Consensus Estimate: $1.40 EPS

Dividends

Current Dividend Information for New Mountain Finance Corp. (NYSE:NMFC)
Next Dividend:3/31/2017
Annual Dividend:$1.36
Dividend Yield:9.19%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:98.55% (Based on This Year's Estimates)
97.14% (Based on Next Year's Estimates)
Dividend Payments by Quarter for New Mountain Finance Corp. (NYSE:NMFC)

Dividend History by Quarter for New Mountain Finance Corp. (NYSE:NMFC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/1/2017Quarterly$0.349.19%3/15/20173/17/20173/31/2017
11/9/2016quarterly$0.3410.07%12/13/201612/15/201612/29/2016
8/5/2016quarterly$0.349.96%9/14/20169/16/20169/30/2016
5/5/2016quarterly$0.3411.08%6/14/20166/16/20166/30/2016
3/1/2016quarterly$0.3410.75%3/15/20163/17/20163/31/2016
11/5/2015quarterly$0.349.63%12/14/201512/16/201512/30/2015
8/6/2015quarterly$0.349.29%9/14/20159/16/20159/30/2015
5/6/2015quarterly$0.349.32%6/12/20156/16/20156/30/2015
3/3/2015quarterly$0.349.33%3/13/20153/17/20153/31/2015
11/7/2014quarterly$0.349.28%12/12/201412/16/201412/30/2014
8/8/2014special$0.129.04%8/18/20148/20/20149/3/2014
8/8/2014quarterly$0.349.04%9/12/20149/16/20149/30/2014
5/7/2014quarterly$0.349.76%6/12/20146/16/20146/30/2014
3/5/2014quarterly$0.349.21%3/13/20143/17/20143/31/2014
11/12/2013quarterly$0.349.47%12/13/201312/17/201312/31/2013
8/8/2013quarterly$0.349.36%9/12/20139/16/20139/30/2013
8/7/2013special$0.129.36%8/16/20138/20/20138/30/2013
5/7/2013quarterly$0.349.04%6/12/20136/14/20136/28/2013
3/6/2013quarterly$0.349.04%3/13/20133/15/20133/28/2013
12/27/2012special$0.1412/31/201212/31/20121/31/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for New Mountain Finance Corp. (NYSE:NMFC)
Insider Trades by Quarter for New Mountain Finance Corp. (NYSE:NMFC)
Institutional Ownership by Quarter for New Mountain Finance Corp. (NYSE:NMFC)
Insider Trades by Quarter for New Mountain Finance Corp. (NYSE:NMFC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/15/2017David MalpassDirectorSell66,411$14.72$977,569.92View SEC Filing  
11/8/2016Steven B KlinskyDirectorBuy12,154$13.47$163,714.38View SEC Filing  
11/7/2016James StoneInsiderBuy1,970$13.35$26,299.50View SEC Filing  
11/7/2016Steven B KlinskyDirectorBuy155,724$13.37$2,082,029.88View SEC Filing  
11/4/2016John KlineInsiderBuy5,440$13.23$71,971.20View SEC Filing  
11/3/2016Adam WeinsteinCAOBuy3,750$13.23$49,612.50View SEC Filing  
11/3/2016Steven B KlinskyDirectorBuy214,276$13.28$2,845,585.28View SEC Filing  
11/2/2016John KlineInsiderBuy4,200$13.20$55,440.00View SEC Filing  
10/31/2016David OgensDirectorBuy1,600$13.40$21,440.00View SEC Filing  
10/31/2016Robert HamweeCEOBuy25,000$13.33$333,250.00View SEC Filing  
8/16/2016David MalpassDirectorSell85,000$14.00$1,190,000.00View SEC Filing  
5/20/2016James StoneInsiderBuy2,000$12.35$24,700.00View SEC Filing  
5/20/2016James StoneInsiderBuy2,000$12.35$24,700.00View SEC Filing  
2/19/2016Steven B KlinskyDirectorBuy64,539$12.04$777,049.56View SEC Filing  
2/17/2016Steven B. KlinskyDirectorBuy284,780$11.93$3,397,425.40View SEC Filing  
2/12/2016Steven B. KlinskyDirectorBuy350,475$11.60$4,065,510.00View SEC Filing  
2/9/2016Adam WeinsteinCAOBuy2,600$11.42$29,692.00View SEC Filing  
2/9/2016James StoneinsiderBuy2,500$11.51$28,775.00View SEC Filing  
12/17/2015Steven B. KlinskyDirectorBuy222,313$13.03$2,896,738.39View SEC Filing  
12/14/2015Karrie J JerryInsiderBuy150$12.30$1,845.00View SEC Filing  
12/14/2015Kurt WolfgruberDirectorBuy13,100$12.36$161,916.00View SEC Filing  
12/14/2015Robert HamweeCEOBuy25,000$12.35$308,750.00View SEC Filing  
11/12/2015David OgensDirectorBuy1,656$14.12$23,382.72View SEC Filing  
9/30/2015Adam WeinsteinCAOBuy7,500$13.84$103,800.00View SEC Filing  
9/30/2015Steven B. KlinskyDirectorBuy200,100$13.71$2,743,371.00View SEC Filing  
9/29/2015Karrie J JerryInsiderBuy1,000$13.60$13,600.00View SEC Filing  
9/29/2015Steven B. KlinskyDirectorBuy299,900$13.56$4,066,644.00View SEC Filing  
9/28/2015David MalpassDirectorBuy30,000$13.36$400,800.00View SEC Filing  
9/28/2015James StoneinsiderBuy3,000$13.55$40,650.00View SEC Filing  
9/28/2015Robert HamweeCEOBuy20,000$13.54$270,800.00View SEC Filing  
9/25/2015Steven B KlinskyDirectorBuy500,000$14.14$7,070,000.00View SEC Filing  
9/11/2015Adam WeinsteinCAOBuy10,500$14.69$154,245.00View SEC Filing  
3/16/2015Kurt WolfgruberDirectorBuy14,000$14.38$201,320.00View SEC Filing  
3/13/2015David MalpassDirectorBuy5,000$14.25$71,250.00View SEC Filing  
3/9/2015David MalpassDirectorBuy5,000$14.44$72,200.00View SEC Filing  
12/17/2014Kurt WolfgruberDirectorBuy5,000$14.07$70,350.00View SEC Filing  
12/8/2014David MalpassDirectorBuy7,700$14.70$113,190.00View SEC Filing  
11/12/2014Steven B KlinskyDirectorBuy134,788$14.82$1,997,558.16View SEC Filing  
11/10/2014Adam WeinsteinCAOBuy5,000$14.69$73,450.00View SEC Filing  
9/16/2014David MalpassDirectorBuy5,000$14.83$74,150.00View SEC Filing  
8/15/2014Steven B KlinskyDirectorBuy117,940$15.19$1,791,508.60View SEC Filing  
8/13/2014Steven B KlinskyDirectorBuy212,060$15.10$3,202,106.00View SEC Filing  
8/12/2014David OgensDirectorBuy10,000$14.98$149,800.00View SEC Filing  
6/16/2014Adam WeinsteinCAOBuy3,500$14.35$50,225.00View SEC Filing  
6/11/2014Alfred F Hurley JrDirectorBuy7,000$14.43$101,010.00View SEC Filing  
4/29/2014Paula BoscoInsiderBuy2,125$14.26$30,302.50View SEC Filing  
4/28/2014Robert HamweeCEOBuy15,000$14.31$214,650.00View SEC Filing  
4/16/2014David MalpassDirectorBuy10,000$14.25$142,500.00View SEC Filing  
4/16/2014James StoneInsiderBuy1,500$14.24$21,360.00View SEC Filing  
3/12/2014David M CordovaCFOBuy1,500$14.81$22,215.00View SEC Filing  
3/7/2014Robert HamweeCEOBuy12,000$14.75$177,000.00View SEC Filing  
12/13/2013James StoneInsiderBuy3,500$14.69$51,415.00View SEC Filing  
11/20/2013Kurt WolfgruberDirectorBuy11,500$14.44$166,060.00View SEC Filing  
9/12/2013James StoneInsiderBuy3,500$14.44$50,540.00View SEC Filing  
8/15/2013John KlineCOOBuy3,000$14.58$43,740.00View SEC Filing  
8/13/2013Adam WeinsteinCAOBuy2,400$14.65$35,160.00View SEC Filing  
8/13/2013James StoneInsiderBuy8,560$14.59$124,890.40View SEC Filing  
8/13/2013Robert HamweeCEOBuy15,000$14.65$219,750.00View SEC Filing  
5/23/2013David OgensDirectorBuy6,000$15.10$90,600.00View SEC Filing  
5/22/2013David MalpassDirectorBuy2,800$15.24$42,672.00View SEC Filing  
12/14/2012James StoneInsiderBuy6,500$14.49$94,185.00View SEC Filing  
12/13/2012David MalpassDirectorBuy11,000$14.24$156,640.00View SEC Filing  
12/7/2012Alfred F Hurley JrDirectorBuy7,000$14.50$101,500.00View SEC Filing  
11/14/2012Adam WeinsteinCFOBuy2,500$13.80$34,500.00View SEC Filing  
11/13/2012John KlineInsiderBuy2,650$14.23$37,709.50View SEC Filing  
11/12/2012David OgensDirectorBuy1,000$14.39$14,390.00View SEC Filing  
11/12/2012James StoneInsiderBuy2,500$14.29$35,725.00View SEC Filing  
11/9/2012Robert HamweeCEOBuy10,000$14.57$145,700.00View SEC Filing  
9/7/2012James StoneInsiderBuy10,500$14.67$154,035.00View SEC Filing  
9/5/2012James StoneInsiderBuy4,100$14.62$59,942.00View SEC Filing  
8/21/2012David MalpassDirectorBuy16,250$14.44$234,650.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for New Mountain Finance Corp. (NYSE:NMFC)
Latest Headlines for New Mountain Finance Corp. (NYSE:NMFC)
Source:
DateHeadline
thestreet.com logoNew Mountain Finance Reaches Analyst Target Price
www.thestreet.com - March 15 at 7:01 PM
biz.yahoo.com logoNEW MOUNTAIN FINANCE CORP Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - March 15 at 7:01 PM
nasdaq.com logoNew Mountain Finance Corporation (NMFC) Ex-Dividend Date Scheduled for March 15, 2017 - Nasdaq
www.nasdaq.com - March 15 at 3:58 AM
seekingalpha.com logoNew Mountain Finance goes ex-dividend tomorrow
seekingalpha.com - March 14 at 5:56 PM
finance.yahoo.com logoEdited Transcript of NMFC earnings conference call or presentation 1-Mar-17 3:00pm GMT
finance.yahoo.com - March 2 at 12:01 AM
seekingalpha.com logoNew Mountain Finance's (NMFC) CEO Rob Hamwee on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 1 at 7:00 PM
businesswire.com logoNew Mountain Finance Corporation Announces Financial Results for the Quarter and Year Ended December 31, 2016 - Business Wire (press release)
www.businesswire.com - March 1 at 10:38 AM
seekingalpha.com logoNew Mountain Finance NII in-line, beats on revenue
seekingalpha.com - February 28 at 6:54 PM
marketwatch.com logo10-K: NEW MOUNTAIN FINANCE CORP
www.marketwatch.com - February 28 at 6:54 PM
us.rd.yahoo.com logoNew Mountain Finance Corporation Announces Financial Results for the Quarter and Year Ended December 31, 2016
us.rd.yahoo.com - February 28 at 6:54 PM
biz.yahoo.com logoQ4 2016 New Mountain Finance Corp Earnings Release - After Market Close
biz.yahoo.com - February 28 at 10:26 AM
fool.com logoNew Mountain Finance NMFC
www.fool.com - January 28 at 6:58 PM
prnewswire.com logoResearch Reports Coverage on Asset Management Stocks -- Evercore Partners, BlackRock Capital, New Mountain ... - PR Newswire (press release)
www.prnewswire.com - January 23 at 9:52 AM
businesswire.com logoNew Mountain Finance Corporation Schedules its Fourth Quarter 2016 Earnings Release and Dividend Announcement - Business Wire (press release)
www.businesswire.com - January 7 at 10:58 PM
finance.yahoo.com logoNew Mountain Finance Corporation Schedules its Fourth Quarter 2016 Earnings Release and Dividend Announcement
finance.yahoo.com - January 5 at 8:45 PM
reuters.com logoBRIEF-New Mountain Finance Corp extends share repurchase program to up to $50 mln
www.reuters.com - January 4 at 7:38 PM
businesswire.com logoNew Mountain Finance Corporation Extends Share Repurchase Program - Business Wire (press release)
www.businesswire.com - January 3 at 11:06 PM
finance.yahoo.com logo12:31 pm New Mountain Finance extends its share repurchase program for the purpose of repurchasing up to $50 million worth of its common stock
finance.yahoo.com - January 3 at 11:06 PM
finance.yahoo.com logoNew Mountain Finance Corporation Extends Share Repurchase Program
finance.yahoo.com - January 3 at 11:06 PM
biz.yahoo.com logoNEW MOUNTAIN FINANCE CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - January 3 at 11:06 PM
seekingalpha.com logoNew Mountain Finance: Steady Ship For Steady Dividend
seekingalpha.com - December 29 at 9:31 AM
seekingalpha.com logoNew Mountain Finance goes ex-dividend today
seekingalpha.com - December 13 at 7:15 PM

Social

Frequently Asked Questions for New Mountain Finance Corp. (NYSE:NMFC)

What is New Mountain Finance Corp.'s stock symbol?

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

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

New Mountain Finance Corp. announced a quarterly dividend on Wednesday, March 1st. Investors of record on Friday, March 17th will be paid a dividend of $0.34 per share on Friday, March 31st. This represents a $1.36 dividend on an annualized basis and a dividend yield of 9.19%. The ex-dividend date is Wednesday, March 15th.

How were New Mountain Finance Corp.'s earnings last quarter?

New Mountain Finance Corp. (NYSE:NMFC) announced its quarterly earnings data on Wednesday, August, 3rd. The company reported $0.34 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.34.

When will New Mountain Finance Corp. make its next earnings announcement?

New Mountain Finance Corp. is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

What guidance has New Mountain Finance Corp. issued on next quarter's earnings?

New Mountain Finance Corp. issued an update on its fourth quarter earnings guidance on Thursday, January, 21st. The company provided earnings per share (EPS) guidance of $0.34-0.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.35.

Where is New Mountain Finance Corp.'s stock going? Where will New Mountain Finance Corp.'s stock price be in 2017?

3 analysts have issued 12-month price objectives for New Mountain Finance Corp.'s shares. Their forecasts range from $13.00 to $14.00. On average, they anticipate New Mountain Finance Corp.'s stock price to reach $13.50 in the next twelve months.

Who owns New Mountain Finance Corp. stock?

New Mountain Finance Corp.'s stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Aviva PLC (0.00%), Guggenheim Capital LLC (0.00%), Partners Group Holding AG (0.00%), West Family Investments Inc. (0.00%), Van ECK Associates Corp (0.00%) and Two Sigma Investments LP (0.00%). Company insiders that own New Mountain Finance Corp. stock include Adam Weinstein, David Malpass, David Ogens, James Stone, John Kline, Karrie J Jerry, Kurt Wolfgruber, Robert Hamwee and Steven B Klinsky.

Who sold New Mountain Finance Corp. stock? Who is selling New Mountain Finance Corp. stock?

New Mountain Finance Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Aviva PLC, Brown Advisory Inc., TCW Group Inc. and Comerica Bank.

Who bought New Mountain Finance Corp. stock? Who is buying New Mountain Finance Corp. stock?

New Mountain Finance Corp.'s stock was acquired by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Guggenheim Capital LLC, Norges Bank, Advisory Research Inc., Partners Group Holding AG, GSA Capital Partners LLP, Van ECK Associates Corp and Perennial Advisors LLC. Company insiders that have bought New Mountain Finance Corp. stock in the last two years include Adam Weinstein, David Malpass, David Ogens, James Stone, John Kline, Karrie J Jerry, Kurt Wolfgruber, Robert Hamwee and Steven B Klinsky.

How do I buy New Mountain Finance Corp. stock?

Shares of New Mountain Finance Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of New Mountain Finance Corp. stock cost?

One share of New Mountain Finance Corp. stock can currently be purchased for approximately $14.80.

New Mountain Finance Corp. (NMFC) Chart for Sunday, March, 26, 2017

This page was last updated on 3/26/2017 by MarketBeat.com Staff