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

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$13.40 +0.02 (+0.15 %)
(As of 03/20/2019 03:14 PM ET)
Previous Close$13.38
Today's Range$13.3318 - $13.43
52-Week Range$12.06 - $14.30
Volume188,571 shs
Average Volume482,955 shs
Market Capitalization$1.08 billion
P/E Ratio9.71
Dividend Yield10.13%
Beta0.61
New Mountain Finance Corp. is a private equity fund and close-eneded non-diversified management investment company. It invests in middle-market companies. The firm targets companies operating in the fields of business services, consumer services, education, federal services, healthcare facilities, healthcare information technology, healthcare services, industrial services, and information services. It also provides financing primarily in the form of debt, mezzanine, and also considers equity interest. The company was founded on June 29, 2010 and is headquartered in New York, NY.

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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$1.7092 per share
Book Value$13.22 per share

Profitability

Net Income$72.35 million

Miscellaneous

EmployeesN/A
Market Cap$1.08 billion
Next Earnings Date5/6/2019 (Estimated)
OptionableOptionable

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 announced a quarterly dividend on Thursday, February 28th. Shareholders of record on Friday, March 15th will be given a dividend of $0.34 per share on Friday, March 29th. This represents a $1.36 dividend on an annualized basis and a yield of 10.15%. The ex-dividend date of this dividend is Thursday, March 14th. View New Mountain Finance's Dividend History.

How were New Mountain Finance's earnings last quarter?

New Mountain Finance Corp. (NYSE:NMFC) announced its earnings results on Tuesday, August, 7th. The investment management company reported $0.34 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.35 by $0.01. The investment management company earned $54.60 million during the quarter, compared to the consensus estimate of $53.10 million. New Mountain Finance had a net margin of 31.26% and a return on equity of 10.33%. 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 Monday, May 6th 2019. View Earnings Estimates for New Mountain Finance.

What price target have analysts set for NMFC?

1 brokers have issued 12 month price objectives for New Mountain Finance's shares. Their predictions range from $14.00 to $14.00. On average, they anticipate New Mountain Finance's stock price to reach $14.00 in the next year. This suggests a possible upside of 4.5% 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 trended somewhat positive recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. 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 0.7 on InfoTrie's scale. They also assigned news articles about the investment management company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an effect on the company's share price in the next several days.

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

What other stocks do shareholders of New Mountain Finance own?

Who are New Mountain Finance's key executives?

New Mountain Finance's management team includes the folowing people:
  • Robert A. Hamwee, Chief Executive Officer & Director
  • John R. Kline, President & Chief Operating Officer
  • Shiraz Y. Kajee, CFO, Treasurer & Principal Accounting Officer
  • Karrie J. Jerry, Secretary & Chief Compliance Officer
  • Adam B. Weinstein, Director, Chief Administrative Officer & EVP

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 shareholders include LSV Asset Management (2.71%), Round Table Services LLC (1.92%), Partners Group Holding AG (1.28%), Confluence Investment Management LLC (1.21%), Dimension Capital Management LLC (1.11%) and Cliffwater LLC (1.01%). 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 Round Table Services LLC, Partners Group Holding AG, Two Sigma Advisers LP, Sumitomo Mitsui Asset Management Company LTD, Advisors Asset Management Inc., GSA Capital Partners LLP, Susquehanna Fundamental Investments 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 acquired by a variety of institutional investors in the last quarter, including LSV Asset Management, Cliffwater LLC, Dimension Capital Management LLC, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Legal & General Group Plc, Roosevelt Investment Group Inc., B. Riley Wealth Management Inc. and Private Advisor Group 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 $13.40.

How big of a company is New Mountain Finance?

New Mountain Finance has a market capitalization of $1.08 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.

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:  1.8 out of 5 (star)
Outperform Votes:  154 (Vote Outperform)
Underperform Votes:  266 (Vote Underperform)
Total Votes:  420
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 3/20/2019 by MarketBeat.com Staff

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