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

$13.79
+0.09 (+0.66 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$13.71
Now: $13.79
$13.82
50-Day Range
$13.33
MA: $13.49
$13.79
52-Week Range
$12.06
Now: $13.79
$14.38
Volume698,429 shs
Average Volume483,305 shs
Market Capitalization$1.33 billion
P/E Ratio9.99
Dividend Yield9.93%
Beta0.52
New Mountain Finance Corporation is a Business Development Company specializing in investments in middle market companies and debt securities at various levels of the capital structure, including first and second lien debt, unsecured notes, bonds, and mezzanine securities. It invests in various industries that include software, education, business services, distribution and logistics, federal services, healthcare services and products, healthcare facilities, energy, media, consumer and industrial services, healthcare Information Technology, Information Technology and services, specialty chemicals and materials, telecommunication, retail, and power generation. Read More…

Industry, Sector and Symbol

Industry Investors, not elsewhere classified
Sub-IndustryAsset Management & Custody Banks
SectorFinance
CUSIP64755110
Phone212-720-0300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$231.46 million
Cash Flow$1.75 per share
Book Value$13.22 per share

Profitability

Net Income$72.35 million

Miscellaneous

EmployeesN/A
Market Cap$1.33 billion
Next Earnings Date2/26/2020 (Estimated)
OptionableOptionable

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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 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 dividend on an annualized basis and a dividend yield of 9.86%. The ex-dividend date of this dividend is Thursday, December 12th. View New Mountain Finance's Dividend History.

How were New Mountain Finance's earnings last quarter?

New Mountain Finance Corp. (NYSE:NMFC) released its quarterly earnings data on Tuesday, August, 7th. The investment management company reported $0.34 earnings per share for the quarter, missing the Zacks' 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 return on equity of 10.51% and a net margin of 33.64%. 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 Wednesday, February 26th 2020. View Earnings Estimates for New Mountain Finance.

What price target have analysts set for NMFC?

1 brokers have issued 12-month price targets 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 year. This suggests a possible upside of 7.0% 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 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for New Mountain Finance.

Has New Mountain Finance been receiving favorable news coverage?

Press coverage about NMFC stock has trended very positive this week, InfoTrie reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. New Mountain Finance earned a media sentiment score of 3.6 on InfoTrie's scale. They also gave news articles about the investment management company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for New Mountain Finance.

Are investors shorting New Mountain Finance?

New Mountain Finance saw a increase in short interest in 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 trading volume of 541,000 shares, the days-to-cover ratio is presently 4.0 days. Approximately 2.8% of the shares of the stock are sold short. View New Mountain Finance's Current Options Chain.

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

What other stocks do shareholders of New Mountain Finance own?

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).

Who are New Mountain Finance's key executives?

New Mountain Finance's management team includes the folowing people:
  • Mr. Robert A. Hamwee, CEO & Member of Board of Director (Age 49)
  • Mr. Adam B. Weinstein, Chief Admin. Officer & Exec. VP (Age 40)
  • Mr. John R. Kline, Pres & COO (Age 44)
  • Mr. Shiraz Y. Kajee CPA, Treasurer & CFO (Age 39)
  • Ms. Karrie J. Jerry, Chief Compliance Officer, & Corp. Sec.

Who are New Mountain Finance's major shareholders?

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.

Which major investors are selling New Mountain Finance stock?

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.

Which major investors are buying New Mountain Finance stock?

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.

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, Robinhood, Fidelity and Charles Schwab.

What is New Mountain Finance's stock price today?

One share of NMFC stock can currently be purchased for approximately $13.79.

How big of a company is New Mountain Finance?

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.

What is New Mountain Finance's official website?

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

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:  1.9 out of 5 (star)
Outperform Votes:  202 (Vote Outperform)
Underperform Votes:  325 (Vote Underperform)
Total Votes:  527
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 12/7/2019 by MarketBeat.com Staff

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