New Mountain Finance Corporation (NMFC)

Market Cap	1.24B
Revenue (ttm)	373.51M
Net Income (ttm)	113.01M
Shares Out	107.85M
EPS (ttm)	1.04
PE Ratio	11.13
Forward PE	8.80
Dividend	$0.96 (8.30%)
Ex-Dividend Date	Sep 16, 2024

Volume	263,323
Open	11.62
Previous Close	11.61
Day's Range	11.47 - 11.66
52-Week Range	10.62 - 13.23
Beta	1.19
Analysts	Hold
Price Target	11.50 (-0.17%)
Earnings Date	Oct 30, 2024

About 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, eng...

• Industry: Asset Management
• Sector: Financials
• IPO Date: May 20, 2011
• Country: United States
• Stock Exchange: NASDAQ
• Ticker Symbol: NMFC
• Website: https://www.newmountainfinance.com

Financial Performance

In 2023, New Mountain Finance's revenue was $374.84 million, an increase of 27.22% compared to the previous year's $294.63 million. Earnings were $135.34 million, an increase of 81.10%.

Analyst Forecast

According to 2 analysts, the average rating for NMFC stock is "Hold." The 12-month stock price forecast is $11.5, which is a decrease of -0.17% from the latest price.

Price Target

$11.5

(-0.17% downside)

Analyst Consensus: Hold