New Mountain Finance Corporation Company Profile (NYSE:NMFC)

About New Mountain Finance Corporation (NYSE:NMFC)

New Mountain Finance Corporation 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.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Closed End Funds
  • Sub-Industry: Asset Management & Custody Banks
  • Symbol: NYSE:NMFC
  • CUSIP: 64755110
  • Web: www.newmountainfinance.com
Capitalization:
  • Market Cap: $1.07853 billion
  • Outstanding Shares: 75,686,000
Average Prices:
  • 50 Day Moving Avg: $14.08
  • 200 Day Moving Avg: $14.39
  • 52 Week Range: $13.05 - $15.00
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.40
  • P/E Growth: 0.00
Dividend:
  • Annual Dividend: $1.36
  • Dividend Yield: 9.5%
Profitability:
  • Net Margins: 65.22%
  • Return on Equity: 10.15%
  • Return on Assets: 5.38%
Debt:
  • Debt-to-Equity Ratio: 0.84%
  • Current Ratio: 1.20%
  • Quick Ratio: 1.20%
Misc:
  • Average Volume: 273,400 shs.
  • Beta: 0.59
 

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

What is New Mountain Finance Corporation's stock symbol?

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

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

New Mountain Finance Corporation declared a quarterly dividend on Wednesday, August 9th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.34 per share on Friday, September 29th. This represents a $1.36 dividend on an annualized basis and a yield of 9.54%. The ex-dividend date is Thursday, September 14th. View New Mountain Finance Corporation's Dividend History.

How were New Mountain Finance Corporation's earnings last quarter?

New Mountain Finance Corporation (NYSE:NMFC) posted its earnings results on Tuesday, August, 8th. The company reported $0.34 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.34. The firm earned $50.02 million during the quarter, compared to the consensus estimate of $47.66 million. New Mountain Finance Corporation had a net margin of 65.22% and a return on equity of 10.15%. View New Mountain Finance Corporation's Earnings History.

When will New Mountain Finance Corporation make its next earnings announcement?

New Mountain Finance Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, November, 14th 2017. View Earnings Estimates for New Mountain Finance Corporation.

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

1 analysts have issued 1 year price objectives for New Mountain Finance Corporation's shares. Their forecasts range from $15.00 to $15.00. On average, they anticipate New Mountain Finance Corporation's share price to reach $15.00 in the next twelve months. View Analyst Ratings for New Mountain Finance Corporation.

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

Who are New Mountain Finance Corporation's key executives?

New Mountain Finance Corporation's management team includes the folowing people:

  • Steven B. Klinsky, Chairman of the Board
  • John R. Kline, President, Chief Operating Officer
  • Robert A. Hamwee, Chief Executive Officer, Director
  • Shiraz Y. Kajee, Chief Financial Officer, Treasurer
  • Adam B. Weinstein CPA, Executive Vice President, Chief Administrative Officer, Director
  • Karrie J. Jerry, Chief Compliance Officer, Corporate Secretary
  • Rome G. Arnold III, Director
  • Alfred F. Hurley Jr., Independent Director
  • David Ogens, Independent Director
  • Kurt J. Wolfgruber, Independent Director

Who owns New Mountain Finance Corporation stock?

New Mountain Finance Corporation's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Round Table Services LLC (1.78%). Company insiders that own New Mountain Finance Corporation stock include Adam Weinstein, 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 Corporation.

Who bought New Mountain Finance Corporation stock? Who is buying New Mountain Finance Corporation stock?

New Mountain Finance Corporation's stock was bought by a variety of institutional investors in the last quarter, including Round Table Services LLC. Company insiders that have bought New Mountain Finance Corporation stock in the last two years include Adam Weinstein, 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 Corporation.

How do I buy New Mountain Finance Corporation stock?

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

What is New Mountain Finance Corporation's stock price today?

One share of New Mountain Finance Corporation stock can currently be purchased for approximately $14.25.


MarketBeat Community Rating for New Mountain Finance Corporation (NYSE NMFC)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  82 (Vote Outperform)
Underperform Votes:  148 (Vote Underperform)
Total Votes:  230
MarketBeat's community ratings are surveys of what our community members think about New Mountain Finance Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for New Mountain Finance Corporation (NYSE:NMFC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $15.00 (5.26% upside)
Consensus Price Target History for New Mountain Finance Corporation (NYSE:NMFC)
Price Target History for New Mountain Finance Corporation (NYSE:NMFC)
Analysts' Ratings History for New Mountain Finance Corporation (NYSE:NMFC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/5/2017Keefe, Bruyette & WoodsSet Price TargetHold$15.00N/AView Rating Details
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
(Data available from 10/22/2015 forward)

Earnings

Earnings History for New Mountain Finance Corporation (NYSE:NMFC)
Earnings by Quarter for New Mountain Finance Corporation (NYSE:NMFC)
Earnings History by Quarter for New Mountain Finance Corporation (NYSE NMFC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017$0.34N/AView Earnings Details
8/8/2017Q2 2017$0.34$0.34$47.66 million$50.02 millionViewListenView Earnings Details
5/8/2017Q1 2017$0.34$0.34$44.09 million$43.31 millionViewListenView Earnings Details
11/8/2016Q316$0.34$0.34$41.28 million$41.83 millionViewListenView Earnings Details
8/3/2016Q216$0.34$0.34$41.39 million$41.49 millionViewN/AView Earnings Details
5/4/2016Q116$0.34$0.34$41.73 million$40.98 millionViewN/AView Earnings Details
2/29/2016Q415$0.35$0.35$41.62 million$42.00 millionViewListenView Earnings Details
11/4/2015Q315$0.35$0.35$37.72 million$37.45 millionViewN/AView Earnings Details
8/5/2015Q215$0.34$0.33$38.23 million$37.91 millionViewN/AView Earnings Details
5/5/2015Q1 2015$0.34$0.34$38.14 million$36.54 millionViewN/AView Earnings Details
3/2/2015Q414$0.36$0.34$37.10 million$36.75 millionViewN/AView Earnings Details
11/5/2014Q314$0.35$0.35$33.40 million$34.71 millionViewN/AView Earnings Details
5/7/2014Q1 2014$0.34$0.37$28.38 million$30.92 millionViewN/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 Corporation (NYSE:NMFC)
Current Year EPS Consensus Estimate: $1.36 EPS
Next Year EPS Consensus Estimate: $1.37 EPS

Dividends

Current Dividend Information for New Mountain Finance Corporation (NYSE:NMFC)
Most Recent Dividend:9/29/2017
Annual Dividend:$1.36
Dividend Yield:9.54%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:86.62% (Trailing 12 Months of Earnings)
100.00% (Based on This Year's Estimates)
99.27% (Based on Next Year's Estimates)
Dividend Payments by Quarter for New Mountain Finance Corporation (NYSE:NMFC)

Dividend History by Quarter for New Mountain Finance Corporation (NYSE NMFC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/9/2017quarterly$0.349.25%9/14/20179/15/20179/29/2017
5/11/2017quarterly$0.349.22%6/14/20176/16/20176/30/2017
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 Corporation (NYSE:NMFC)
Insider Ownership Percentage: 9.73%
Institutional Ownership Percentage: 40.71%
Insider Trades by Quarter for New Mountain Finance Corporation (NYSE:NMFC)
Institutional Ownership by Quarter for New Mountain Finance Corporation (NYSE:NMFC)
Insider Trades by Quarter for New Mountain Finance Corporation (NYSE:NMFC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/13/2017Shiraz KajeeCFOBuy2,000$14.63$29,260.00View SEC Filing  
5/17/2017David OgensDirectorBuy3,600$14.37$51,732.00View SEC Filing  
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)

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Chart

New Mountain Finance Corporation (NMFC) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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