NYSE:NMFC - New Mountain Finance Stock Price, Price Target & More

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$13.80 -0.10 (-0.72 %)
(As of 07/22/2018 04:46 AM ET)
Previous Close$13.80
Today's Range$13.7750 - $13.95
52-Week Range$12.05 - $14.70
Volume152,510 shs
Average Volume234,544 shs
Market Capitalization$1.06 billion
P/E Ratio10.70
Dividend Yield9.78%
Beta0.52
New Mountain Finance 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Investors, not elsewhere classified
Sub-IndustryAsset Management & Custody Banks
SectorFinance
SymbolNYSE:NMFC
CUSIP64755110
Phone212-720-0300

Debt

Debt-to-Equity Ratio0.94
Current Ratio1.01
Quick Ratio1.01

Price-To-Earnings

Trailing P/E Ratio10.70
Forward P/E Ratio10.07
P/E GrowthN/A

Sales & Book Value

Annual Sales$197.81 million
Price / Sales5.30
Cash Flow$0.66 per share
Price / Cash20.91
Book Value$13.65 per share
Price / Book1.01

Profitability

EPS (Most Recent Fiscal Year)$1.29
Net Income$109.39 million
Net Margins49.57%
Return on Equity10.27%
Return on Assets5.36%

Miscellaneous

EmployeesN/A
Outstanding Shares75,930,000
Market Cap$1,055.50

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 Tuesday, May 8th. Investors of record on Friday, June 15th will be paid a dividend of $0.34 per share on Friday, June 29th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 9.86%. The ex-dividend date is Thursday, June 14th. View New Mountain Finance's Dividend History.

How were New Mountain Finance's earnings last quarter?

New Mountain Finance Corp. (NYSE:NMFC) posted its quarterly earnings results on Monday, May, 7th. The investment management company reported $0.34 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.34. The investment management company earned $52.89 million during the quarter, compared to analysts' expectations of $50.86 million. New Mountain Finance had a net margin of 49.57% and a return on equity of 10.27%. 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 Tuesday, August, 7th 2018. View Earnings Estimates for New Mountain Finance.

What price target have analysts set for NMFC?

1 brokerages have issued 12 month price targets for New Mountain Finance's shares. Their predictions range from $15.00 to $15.00. On average, they anticipate New Mountain Finance's share price to reach $15.00 in the next twelve months. This suggests a possible upside of 8.7% from the stock's current price. View Analyst Ratings 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 hold rating for the stock, resulting in a consensus recommendation of "Hold."

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

Who are New Mountain Finance's key executives?

New Mountain Finance's management team includes the folowing people:
  • Steven B. Klinsky, Chairman of the Board (Age 60)
  • John R. Kline, President, Chief Operating Officer (Age 54)
  • Robert A. Hamwee, Chief Executive Officer, Director (Age 46)
  • Shiraz Y. Kajee, Chief Financial Officer, Treasurer (Age 37)
  • Adam B. Weinstein CPA, Executive Vice President, Chief Administrative Officer, Director (Age 38)
  • Karrie J. Jerry, Chief Compliance Officer, Corporate Secretary (Age 42)
  • Rome G. Arnold III, Director (Age 61)
  • Alfred F. Hurley Jr., Independent Director (Age 62)
  • David Ogens, Independent Director (Age 62)
  • Kurt J. Wolfgruber, Independent Director (Age 66)

Has New Mountain Finance been receiving favorable news coverage?

News coverage about NMFC stock has trended somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. New Mountain Finance earned a media sentiment score of 0.13 on Accern's scale. They also gave news stories about the investment management company an impact score of 46.42 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are New Mountain Finance's major shareholders?

New Mountain Finance's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Round Table Services LLC (2.27%), Mckinley Capital Management LLC Delaware (0.34%) and Monument Capital Management (0.11%). Company insiders that own New Mountain Finance stock include Adam Weinstein, Alfred F Hurley Jr, 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.

Which major investors are selling New Mountain Finance stock?

NMFC stock was sold by a variety of institutional investors in the last quarter, including Monument Capital Management. 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 Round Table Services LLC and Mckinley Capital Management LLC Delaware. 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 $13.80.

How big of a company is New Mountain Finance?

New Mountain Finance has a market capitalization of $1.06 billion and generates $197.81 million in revenue each year. The investment management company earns $109.39 million in net income (profit) each year or $1.29 on an earnings per share basis.

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:  1.8 out of 5 (star)
Outperform Votes:  135 (Vote Outperform)
Underperform Votes:  231 (Vote Underperform)
Total Votes:  366
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 7/22/2018 by MarketBeat.com Staff

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