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

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

New Mountain Finance declared a quarterly dividend on Monday, November 4th. Investors of record on Friday, December 13th will be paid a dividend of $0.34 per share on Friday, December 27th. This represents a $1.36 annualized dividend and a yield of 9.91%. The ex-dividend date of this dividend is Thursday, December 12th. View New Mountain Finance's Dividend History.

New Mountain Finance Corp. (NYSE:NMFC) announced its quarterly earnings results on Wednesday, November, 6th. The investment management company reported $0.34 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.35 by $0.01. The investment management company earned $72.59 million during the quarter, compared to analysts' expectations of $69.67 million. New Mountain Finance had a return on equity of 10.51% and a net margin of 33.64%. View New Mountain Finance's Earnings History.

New Mountain Finance is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for New Mountain Finance.

1 Wall Street analysts have issued 12 month price objectives for New Mountain Finance's stock. Their forecasts range from $14.75 to $14.75. On average, they anticipate New Mountain Finance's stock price to reach $14.75 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price. View Analyst Price Targets 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 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for New Mountain Finance.

News articles about NMFC stock have trended positive recently, InfoTrie reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. New Mountain Finance earned a news sentiment score of 2.2 on InfoTrie's scale. They also assigned media stories about the investment management company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View News Stories for New Mountain Finance.

New Mountain Finance saw a increase in short interest during the month of October. As of October 15th, there was short interest totalling 2,150,000 shares, an increase of 18.8% from the September 15th total of 1,810,000 shares. Based on an average daily volume of 541,000 shares, the short-interest ratio is currently 4.0 days. Approximately 2.8% of the company's shares are short sold. View New Mountain Finance's Current Options Chain.

Some companies that are related to New Mountain Finance include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Northern Trust (NTRS), Ameriprise Financial (AMP), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Eaton Vance (EV), Affiliated Managers Group (AMG), Federated Investors (FII), Legg Mason (LM) and Cohen & Steers (CNS).

Based on aggregate information from My MarketBeat watchlists, some companies that other New Mountain Finance investors own include AT&T (T), Omega Healthcare Investors (OHI), Energy Transfer LP Unit (ET), Prospect Capital (PSEC), ANNALY CAP MGMT/SH (NLY), PennantPark Investment (PNNT), Ares Capital (ARCC), AGNC Investment (AGNC), Realty Income (O) and WP Carey (WPC).

New Mountain Finance's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Round Table Services LLC (1.85%), Confluence Investment Management LLC (0.98%), Millennium Management LLC (0.52%), Alps Advisors Inc. (0.33%), Pin Oak Investment Advisors Inc. (0.25%) and Chilton Investment Co. LLC (0.24%). Company insiders that own New Mountain Finance stock include Adam Weinstein, Alfred F Hurley Jr, David Ogens, James Stone, John Kline, Karrie J Jerry, Kurt Wolfgruber, Robert Hamwee, Rome G Arnold III, Shiraz Kajee and Steven B Klinsky. View Institutional Ownership Trends for New Mountain Finance.

NMFC stock was sold by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Janney Montgomery Scott LLC and Stifel Financial Corp. View Insider Buying and Selling for New Mountain Finance.

NMFC stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Alps Advisors Inc., Guild Investment Management Inc., Chilton Investment Co. LLC, California Public Employees Retirement System, Round Table Services LLC, Oppenheimer & Co. Inc. and Point72 Asset Management L.P.. 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, Rome G Arnold III, Shiraz Kajee and Steven B Klinsky. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of NMFC stock can currently be purchased for approximately $13.73.

New Mountain Finance has a market capitalization of $1.33 billion and generates $231.46 million in revenue each year. The investment management company earns $72.35 million in net income (profit) each year or $1.38 on an earnings per share basis. View Additional Information About New Mountain Finance.

The official website for New Mountain Finance is http://www.newmountainfinance.com/.

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]