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

$13.45
-0.14 (-1.03 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$13.43
Now: $13.45
$13.62
50-Day Range
$13.26
MA: $13.69
$14.02
52-Week Range
$12.06
Now: $13.45
$14.38
Volume564,479 shs
Average Volume403,255 shs
Market Capitalization$1.18 billion
P/E Ratio9.75
Dividend Yield9.92%
Beta0.55
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$1.6792 per share
Book Value$12.35 per share

Profitability

Net Income$72.35 million

Miscellaneous

EmployeesN/A
Market Cap$1.18 billion
Next Earnings Date11/6/2019 (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 Wednesday, August 7th. Stockholders of record on Friday, September 13th will be paid a dividend of $0.34 per share on Friday, September 27th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 10.11%. The ex-dividend date is Thursday, September 12th. 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 results on Tuesday, August, 7th. The investment management company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.35 by $0.01. The investment management company earned $54.60 million during the quarter, compared to analysts' expectations of $53.10 million. New Mountain Finance had a net margin of 36.54% and a return on equity of 10.47%. 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, November 6th 2019. View Earnings Estimates for New Mountain Finance.

What price target have analysts set for NMFC?

1 equities research analysts have issued 1 year target prices for New Mountain Finance's shares. Their predictions range from $14.00 to $14.00. On average, they expect New Mountain Finance's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 4.1% 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?

Media coverage about NMFC stock has been trending positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. New Mountain Finance earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned news headlines about the investment management company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the next few days. View News Stories for New Mountain Finance.

Are investors shorting New Mountain Finance?

New Mountain Finance saw a drop in short interest during the month of July. As of July 15th, there was short interest totalling 995,400 shares, a drop of 6.5% from the June 15th total of 1,064,400 shares. Based on an average daily trading volume, of 432,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.4% of the company's stock are short sold. 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), Ares Capital (ARCC), PennantPark Investment (PNNT), AGNC Investment (AGNC), Realty Income (O) and Verizon Communications (VZ).

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 many different of retail and institutional investors. Top institutional investors include LSV Asset Management (2.59%), Dimension Capital Management LLC (1.79%), Round Table Services LLC (1.75%), JPMorgan Chase & Co. (1.48%), Confluence Investment Management LLC (1.01%) and Bank of Montreal Can (0.91%). 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, 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 JPMorgan Chase & Co., Partners Group Holding AG, LSV Asset Management, Confluence Investment Management LLC, Invesco Ltd., D. E. Shaw & Co. Inc., Commonwealth Equity Services LLC and BlackRock Inc.. View Insider Buying and Selling for New Mountain Finance.

Which major investors are buying New Mountain Finance stock?

NMFC stock was purchased by a variety of institutional investors in the last quarter, including Dimension Capital Management LLC, Virtus ETF Advisers LLC, Skandinaviska Enskilda Banken AB publ , Chilton Investment Co. LLC, Green Square Asset Management LLC, Atria Investments LLC, Round Table Services LLC and Cliffwater LLC. 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 $13.45.

How big of a company is New Mountain Finance?

New Mountain Finance has a market capitalization of $1.18 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:  175 (Vote Outperform)
Underperform Votes:  294 (Vote Underperform)
Total Votes:  469
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 8/24/2019 by MarketBeat.com Staff

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