NASDAQ:NMFC New Mountain Finance (NMFC) Stock Price, News & Analysis → Your $200 account credit is about to expire (From MarketBeat) (Ad) Free NMFC Stock Alerts $12.67 +0.08 (+0.64%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$12.59▼$12.7950-Day Range$12.25▼$13.0552-Week Range$11.38▼$13.23Volume731,748 shsAverage Volume469,863 shsMarket Capitalization$1.30 billionP/E Ratio10.14Dividend Yield10.10%Price Target$12.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get New Mountain Finance alerts: Email Address New Mountain Finance MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside1.4% Downside$12.50 Price TargetShort InterestHealthy1.98% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.72Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth-3.27%From $1.53 to $1.48 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.03 out of 5 starsFinance Sector739th out of 850 stocksInvestors, Not Elsewhere Classified Industry7th out of 15 stocks 1.0 Analyst's Opinion Consensus RatingNew Mountain Finance has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.50, New Mountain Finance has a forecasted downside of 1.4% from its current price of $12.68.Amount of Analyst CoverageNew Mountain Finance has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.98% of the float of New Mountain Finance has been sold short.Short Interest Ratio / Days to CoverNew Mountain Finance has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in New Mountain Finance has recently decreased by 22.42%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipNew Mountain Finance is a leading dividend payer. It pays a dividend yield of 10.35%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNew Mountain Finance does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of New Mountain Finance is 102.40%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, New Mountain Finance will have a dividend payout ratio of 86.49% in the coming year. This indicates that New Mountain Finance may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NMFC. Previous Next 3.7 News and Social Media Coverage News SentimentNew Mountain Finance has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for New Mountain Finance this week, compared to 2 articles on an average week.Search Interest10 people have searched for NMFC on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows9 people have added New Mountain Finance to their MarketBeat watchlist in the last 30 days. This is an increase of 350% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, New Mountain Finance insiders have not sold or bought any company stock.Percentage Held by Insiders10.22% of the stock of New Mountain Finance is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 32.08% of the stock of New Mountain Finance is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for New Mountain Finance are expected to decrease by -3.27% in the coming year, from $1.53 to $1.48 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Mountain Finance is 10.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.50.Price to Earnings Ratio vs. SectorThe P/E ratio of New Mountain Finance is 10.14, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.66.Price to Book Value per Share RatioNew Mountain Finance has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIHow you can target big results without spending big money!While most folks are paying $500… $1,000… Or even MORE to trade popular stocks like Apple, Nvidia, or Microsoft… I’ve discovered a new way to tap into what could be the cheapest options on the market… I’m talking about the $0.25 Cent Trades! Click here so I can share the details of my $0.25 Cent Trades About New Mountain Finance Stock (NASDAQ:NMFC)New Mountain Finance Corporation (Nasdaq: NMFC), a business development company is a private equity / buyouts and loan fund specializes in directly investing and lending to middle market companies in defensive growth industries. The fund prefers investing in buyout and middle market companies. It also makes investments in debt securities at all levels of the capital structure including first and second lien debt, unsecured notes, and mezzanine securities. In some cases, its investments may also include equity interests. It targets energy, engineering and consulting services, specialty chemicals and materials, trading companies and distributors, commercial printing, diversified support services, education services, environmental and facilities services, office services and supplies, media, distributors, health care services, health care facilities, application software, business services, systems software, federal services, distribution and logistics, interactive home entertainment, telecommunication services, hydroelectric power generation, electric power generation by fossil fuels, electric power generation by nuclear fuels, health care technology, and security and alarm services. The fund seeks to invest in United States of America. It seeks to invest between $10 million and $125 million per transaction. The firm invests through both primary originations and open-market secondary purchases. It invests in companies with EBITDA between $10 million and $200 million. The fund seeks a majority stake in its portfolio companies.Read More NMFC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NMFC Stock News HeadlinesMarch 24, 2024 | seekingalpha.comNew Mountain Finance: 11% Yielding BDCMarch 24, 2024 | seekingalpha.comNew Mountain Finance: 11% Yielding BDCMarch 28, 2024 | Behind the Markets (Ad)Urgent: Protect Your Investments from a Chinese InvasionAn alarming new reality is unfolding across America. The United States is bracing for the unthinkable - a potential Chinese invasion.February 28, 2024 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Bank of New York Mellon Corporation (BK), Capital One Financial (COF) and New Mountain Finance (NMFC)February 28, 2024 | finance.yahoo.comNew Mountain Finance Corporation (NASDAQ:NMFC) Q4 2023 Earnings Call TranscriptFebruary 28, 2024 | finance.yahoo.comQ4 2023 New Mountain Finance Corp Earnings CallFebruary 27, 2024 | msn.comNew Mountain Finance declares $0.32 dividend & supplemental distribution of $0.04February 26, 2024 | benzinga.comRecap: New Mountain Finance Q4 EarningsMarch 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.February 26, 2024 | msn.comNew Mountain Finance reports Q4 resultsFebruary 26, 2024 | finance.yahoo.comNew Mountain Finance Corp Reports Steady Earnings Amid Economic HeadwindsFebruary 26, 2024 | businesswire.comNew Mountain Finance Corporation Announces Financial Results for the Quarter and Year Ended December 31, 2023February 25, 2024 | markets.businessinsider.comHere's what Wall Street expects from New Mountain Finance's earnings reportFebruary 23, 2024 | msn.comNew Mountain Finance Q4 2023 Earnings PreviewFebruary 23, 2024 | benzinga.comEarnings Preview: New Mountain FinanceFebruary 15, 2024 | morningstar.comNew Mountain Finance CorpFebruary 9, 2024 | msn.comNew Mountain Finance Signs Key Financial AmendmentFebruary 9, 2024 | msn.comNew Mountain Finance Establishes New Financial ObligationFebruary 2, 2024 | msn.comNew Mexico State football releases 2024 scheduleFebruary 2, 2024 | msn.comNew Mountain Finance Secures $300M in Notes Due 2029January 26, 2024 | finance.yahoo.comKBRA Assigns Rating to New Mountain Finance Corporation's $300 Million 6.875% Senior Unsecured Notes Due 2029January 25, 2024 | msn.comNew Mountain Finance prices $300M notes offeringJanuary 25, 2024 | finance.yahoo.comNew Mountain Finance Corporation Prices Public Offering of $300 Million 6.875% Notes Due 2029January 23, 2024 | ca.finance.yahoo.comNew Mountain Finance Corporation (NMFC)January 18, 2024 | finance.yahoo.comNew Mountain Finance Corporation Announces Preliminary Estimates of Fourth Quarter 2023 Operating ResultsJanuary 5, 2024 | finance.yahoo.comNew Mountain Finance Corporation Schedules its Fourth Quarter and Year Ended December 31, 2023 Earnings Release and Conference CallJanuary 2, 2024 | seekingalpha.comNew Mountain Finance: Reduced Income Potential In 2024 (Rating Downgrade)See More Headlines Receive NMFC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for New Mountain Finance and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 12/29 Dividend12/21/2023Dividend Payable12/29/2023Last Earnings2/26/2024Ex-Dividend for 3/29 Dividend3/14/2024Today3/28/2024Dividend Payable3/29/2024Next Earnings (Estimated)5/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Investors, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:NMFC CUSIPN/A CIK1496099 Webwww.newmountainfinance.com Phone(212) 720-0300FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$12.50 High Stock Price Target$12.50 Low Stock Price Target$12.50 Potential Upside/Downside-0.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.25 Trailing P/E Ratio10.07 Forward P/E Ratio8.23 P/E GrowthN/ANet Income$135.34 million Net Margins36.13% Pretax Margin38.90% Return on Equity11.93% Return on Assets4.86% Debt Debt-to-Equity Ratio1.34 Current Ratio2.92 Quick Ratio2.92 Sales & Book Value Annual Sales$374.84 million Price / Sales3.46 Cash Flow$1.50 per share Price / Cash Flow8.37 Book Value$13.13 per share Price / Book0.96Miscellaneous Outstanding Shares102,880,000Free Float92,364,000Market Cap$1.30 billion OptionableOptionable Beta1.13 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. John R. Kline (Age 49)President, Director & CEO Mr. Adam B. Weinstein CPA (Age 45)Chief Administrative Officer, Executive VP & Director Mr. Kris Corbett (Age 48)CFO & Treasurer Ms. Laura C. Holson (Age 37)Chief Operating Officer Mr. Joseph Wesley Hartswell C.F.A. (Age 45)Chief Compliance Officer & Corporate Secretary Mr. James W. Stone IIIManaging DirectorMs. Joy Y. XuManaging DirectorMr. Joshua Brendan PorterManaging Director & Head of Credit Special SituationsMr. Andre V. Moura (Age 42)Managing Director Mr. Ivo D. TurkedjievManaging DirectorMore ExecutivesKey CompetitorsCapital SouthwestNASDAQ:CSWCSixth Street Specialty LendingNYSE:TSLXPennantPark Floating Rate CapitalNASDAQ:PFLTGladstone InvestmentNASDAQ:GAINPennantPark InvestmentNASDAQ:PNNTView All CompetitorsInsiders & InstitutionsVirtu Financial LLCBought 14,229 shares on 2/26/2024Ownership: 0.014%GSA Capital Partners LLPBought 15,222 shares on 2/16/2024Ownership: 0.015%Virtus ETF Advisers LLCSold 14,244 shares on 2/15/2024Ownership: 0.036%Comerica BankSold 875 shares on 2/15/2024Ownership: 0.010%Citadel Advisors LLCBought 5,700 shares on 2/15/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions NMFC Stock Analysis - Frequently Asked Questions Should I buy or sell New Mountain Finance stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Mountain Finance in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" NMFC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NMFC, but not buy additional shares or sell existing shares. View NMFC analyst ratings or view top-rated stocks. What is New Mountain Finance's stock price target for 2024? 1 Wall Street analysts have issued 1-year target prices for New Mountain Finance's stock. Their NMFC share price targets range from $12.50 to $12.50. On average, they anticipate the company's share price to reach $12.50 in the next year. This suggests that the stock has a possible downside of 1.4%. View analysts price targets for NMFC or view top-rated stocks among Wall Street analysts. How have NMFC shares performed in 2024? New Mountain Finance's stock was trading at $12.72 on January 1st, 2024. Since then, NMFC shares have decreased by 0.3% and is now trading at $12.68. View the best growth stocks for 2024 here. Are investors shorting New Mountain Finance? New Mountain Finance saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 1,730,000 shares, a decline of 22.4% from the February 29th total of 2,230,000 shares. Based on an average daily volume of 460,400 shares, the days-to-cover ratio is currently 3.8 days. Approximately 2.0% of the shares of the company are short sold. View New Mountain Finance's Short Interest. When is New Mountain Finance's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024. View our NMFC earnings forecast. How were New Mountain Finance's earnings last quarter? New Mountain Finance Co. (NASDAQ:NMFC) announced its quarterly earnings results on Monday, February, 26th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.01. The business earned $92.80 million during the quarter, compared to analyst estimates of $94.03 million. New Mountain Finance had a net margin of 36.13% and a trailing twelve-month return on equity of 11.93%. During the same period last year, the company posted $0.35 EPS. 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 Tuesday, January 30th. Investors of record on Friday, March 15th will be given a dividend of $0.36 per share on Friday, March 29th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 11.36%. The ex-dividend date is Thursday, March 14th. This is a boost from the stock's previous quarterly dividend of $0.32. Read our dividend analysis for NMFC. Is New Mountain Finance a good dividend stock? New Mountain Finance (NASDAQ:NMFC) pays an annual dividend of $1.28 per share and currently has a dividend yield of 10.35%. NMFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 102.40%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, NMFC will have a dividend payout ratio of 86.49% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for NMFC. What ETFs hold New Mountain Finance's stock? ETFs with the largest weight of New Mountain Finance (NASDAQ:NMFC) stock in their portfolio include GraniteShares HIPS US High Income ETF (HIPS), VanEck BDC Income ETF (BIZD) and ProShares Global Listed Private Equity ETF (PEX).Virtus Private Credit Strategy ETF (VPC). What guidance has New Mountain Finance issued on next quarter's earnings? New Mountain Finance updated its fourth quarter 2023 earnings guidance on Thursday, January, 18th. The company provided earnings per share (EPS) guidance of 0.390-0.400 for the period, compared to the consensus earnings per share estimate of 0.400. The company issued revenue guidance of -. Who are New Mountain Finance's major shareholders? New Mountain Finance's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Cerity Partners LLC (3.52%), Allspring Global Investments Holdings LLC (3.03%), LSV Asset Management (2.52%), Van ECK Associates Corp (1.54%), Legal & General Group Plc (0.78%) and International Assets Investment Management LLC (0.42%). Insiders that own company stock include Adam Weinstein, David Ogens, James Stone, John Kline, Joseph Hartswell, Laura Holson Boswerger, Robert Hamwee, Rome G Arnold III and Steven B Klinsky. View institutional ownership trends. How do I buy shares of New Mountain Finance? Shares of NMFC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:NMFC) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaFed launches fourth dollar overhaulStansberry ResearchBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the MarketsThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research Advisory Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding New Mountain Finance Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.