New Mountain Finance Corporation (NMFC)

Market Cap	1.29B
Revenue (ttm)	374.84M
Net Income (ttm)	135.34M
Shares Out	102.88M
EPS (ttm)	1.24
PE Ratio	10.15
Forward PE	8.36
Dividend	$0.32 (2.54%)
Ex-Dividend Date	Mar 14, 2024

Volume	252,009
Open	12.67
Previous Close	12.72
Day's Range	12.55 - 12.68
52-Week Range	11.38 - 13.23
Beta	1.16
Analysts	Buy
Price Target	12.75 (+1.35%)
Earnings Date	May 1, 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

Financial Performance

In 2023, NMFC'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 "Buy." The 12-month stock price forecast is $12.75, which is an increase of 1.35% from the latest price.

Price Target

$12.75

(1.35% upside)

Analyst Consensus: Buy