NASDAQ:NMFC New Mountain Finance (NMFC) Stock Price, News & Analysis → top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL) (From Traders Agency) (Ad) Free NMFC Stock Alerts $12.72 +0.02 (+0.16%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$12.61▼$12.7350-Day Range$12.25▼$12.9452-Week Range$11.38▼$13.23Volume240,583 shsAverage Volume430,310 shsMarket Capitalization$1.35 billionP/E Ratio10.18Dividend Yield10.06%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/Downside1.7% Downside$12.50 Price TargetShort InterestHealthy2.02% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.78Based on 3 Articles This WeekInsider TradingSelling Shares$15,537 Sold Last QuarterProj. 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.1.28 out of 5 starsFinance Sector768th out of 855 stocksInvestors, Not Elsewhere Classified Industry6th 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.Amount of Analyst CoverageNew Mountain Finance has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.02% 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 increased by 1.73%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend LeadershipNew Mountain Finance is a leading dividend payer. It pays a dividend yield of 10.07%, 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 2.7 News and Social Media Coverage News SentimentNew Mountain Finance has a news sentiment score of 0.78. 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 0.51 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for New Mountain Finance this week, compared to 2 articles on an average week.Search InterestOnly 3 people have searched for NMFC on MarketBeat in the last 30 days. This is a decrease of -73% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added New Mountain Finance to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, New Mountain Finance insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $15,537.00 in company stock.Percentage Held by Insiders10.34% 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 10.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.35.Price to Earnings Ratio vs. SectorThe P/E ratio of New Mountain Finance is 10.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.98.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 Traders Agencytop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.Click here now for the full details of this stock that’s set to rocket in the AI revolution… 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 HeadlinesApril 24, 2024 | americanbankingnews.comNew Mountain Finance (NMFC) to Release Quarterly Earnings on WednesdayApril 17, 2024 | finance.yahoo.comBillionaire Bargain Bin: 3 Stocks the Forbes 400 Loves (That You’ve Never Heard Of)April 24, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.April 9, 2024 | investorplace.comBillionaire Bargain Bin: 3 Stocks the Forbes 400 Loves (That You've Never Heard Of)April 4, 2024 | yahoo.comStone Mountain Community GardenApril 3, 2024 | businesswire.comNew Mountain Finance Corporation Schedules its First Quarter 2024 Earnings Release and Conference CallMarch 29, 2024 | wsj.comNew Mountain Finance Corp.March 24, 2024 | seekingalpha.comNew Mountain Finance: 11% Yielding BDCApril 24, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.March 24, 2024 | seekingalpha.comNew Mountain Finance: 11% Yielding BDCFebruary 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 EarningsFebruary 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 2029See 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 Last Earnings2/26/2024Ex-Dividend for 3/29 Dividend3/14/2024Dividend Payable3/29/2024Today4/24/2024Next Earnings (Confirmed)5/01/2024Fiscal 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-1.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.25 Trailing P/E Ratio10.16 Forward P/E Ratio8.30 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 / Sales3.60 Cash Flow$1.48 per share Price / Cash Flow8.60 Book Value$13.13 per share Price / Book0.97Miscellaneous Outstanding Shares106,290,000Free Float95,299,000Market Cap$1.35 billion OptionableOptionable Beta1.13 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. John R. Kline (Age 49)President, CEO & Director 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 38)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 & InstitutionsSpire Wealth ManagementBought 3,212 shares on 4/24/2024Ownership: 0.034%John KlineSold 1,238 sharesTotal: $15,536.90 ($12.55/share)GraniteShares Advisors LLCBought 16,758 shares on 4/22/2024Ownership: 0.124%PFG Investments LLCBought 21,622 shares on 4/22/2024Ownership: 0.037%Sumitomo Mitsui Trust Holdings Inc.Sold 5,810 shares on 4/19/2024Ownership: 0.251%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 equities research 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 equities research 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 brokerages have issued 1-year price targets for New Mountain Finance's stock. Their NMFC share price targets range from $12.50 to $12.50. On average, they expect the company's stock price to reach $12.50 in the next twelve months. This suggests that the stock has a possible downside of 1.7%. 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 stock has increased by 0.0% and is now trading at $12.72. View the best growth stocks for 2024 here. When is New Mountain Finance's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our NMFC earnings forecast. How can I listen to New Mountain Finance's earnings call? New Mountain Finance will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "7036283". How were New Mountain Finance's earnings last quarter? New Mountain Finance Co. (NASDAQ:NMFC) issued its quarterly earnings data on Monday, February, 26th. The company reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.39 by $0.01. The company 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 quarter last year, the company posted $0.35 earnings per share. 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. Shareholders of record on Friday, March 15th will be paid a dividend of $0.36 per share on Friday, March 29th. This represents a $1.44 annualized dividend and a yield of 11.32%. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase 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 10.07%. 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), Virtus Private Credit Strategy ETF (VPC), WHITEWOLF Publicly Listed Private Equity ETF (LBO) and ProShares Global Listed Private Equity ETF (PEX) and 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 investors include Allspring Global Investments Holdings LLC (2.90%), Confluence Investment Management LLC (0.39%), Sumitomo Mitsui Trust Holdings Inc. (0.25%), GraniteShares Advisors LLC (0.12%), Hennion & Walsh Asset Management Inc. (0.09%) and WFA Asset Management Corp (0.04%). 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. 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