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New Mountain Finance Corporation (NMFC)

Stock Price: $9.45 USD -0.01 (-0.11%)
Updated Oct 21, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 915.02M
Revenue (ttm) 285.90M
Net Income (ttm) -50.98M
Shares Out 96.83M
EPS (ttm) -0.54
PE Ratio n/a
Forward PE 8.32
Dividend $1.20
Dividend Yield 12.70%

Stock Quote

Trading Day Oct 21, 2020
Last Price $9.45
Previous Close $9.46
Change ($) -0.01
Change (%) -0.11%
Day's Open 9.46
Day's Range 9.36 - 9.57
Day's Volume 265,665
52-Week Range 4.62 - 14.45

More Stats

Market Cap 915.02M
Enterprise Value 2.59B
Earnings Date (est) n/a
Ex-Dividend Date Sep 15, 2020
Shares Outstanding 96.83M
Float 85.50M
EPS (basic) -0.51
EPS (diluted) -0.54
FCF / Share -2.74
Dividend $1.20
Dividend Yield 12.70%
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 2.26M
Short Ratio 4.63
Short % of Float 2.64%
Beta 1.25
PE Ratio n/a
Forward PE 8.32
P/FCF Ratio n/a
PS Ratio 3.20
PB Ratio 0.83
Revenue 285.90M
Operating Income 206.57M
Net Income -50.98M
Free Cash Flow -264.89M
Net Cash -1.68B
Net Cash / Share -17.30
Gross Margin 96.71%
Operating Margin 72.25%
Profit Margin -17.80%
FCF Margin -92.65%
ROA 4.50%
ROE -4.58%
ROIC 0.70%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (6)

Buy 3
Overweight 0
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$10.46*
(10.69% upside)
Low
9.50
Current: $9.45
High
11.25
Target: 10.46
*Average 12-month price target from 6 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year20192018201720162015201420132012
Revenue27723119816815413690.8837.51
Revenue Growth19.46%17.02%17.68%9.25%13.46%49.22%142.26%-
Gross Profit21017314812411312090.8837.51
Operating Income20216314011710690.2750.5219.79
Net Income11372.3510911232.9645.5861.9231.78
Shares Outstanding85.2176.0274.1764.9259.7251.8535.0914.86
Earnings Per Share1.220.911.381.600.550.861.762.14
EPS Growth34.07%-34.06%-13.75%190.91%-36.05%-51.14%-17.76%-
Dividend Per Share1.361.361.361.361.361.481.481.71
Dividend Growth0%0%0%0%-8.11%0%-13.45%-
Operating Cash Flow-719-393-16660.51-63.35-290-49.88-110
Free Cash Flow-719-393-16660.51-63.35-290-49.88-110
Cash & Equivalents48.5749.6634.9445.9330.1023.45--
Total Debt1,9421,384869697728671--
Net Cash / Debt-1,894-1,334-835-651-698-647--
Assets3,2662,4491,9281,6561,5881,515650-
Liabilities1,9831,442893717751713--
Book Value1,2831,0061,035939837802650-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name New Mountain Finance Corporation
Country United States
CEO Robert A. Hamwee

Stock Information

Ticker Symbol NMFC
Stock Exchange NASDAQ
Sector Financial Services
Industry Asset Management
Unique Identifier NASDAQ: NMFC
IPO Date May 20, 2011

Description

New Mountain Finance Corporation is a Business Development Company specializing in investments in middle market companies and debt securities at various levels of the capital structure, including first and second lien debt, unsecured notes, bonds, and mezzanine securities. It invests in various industries that include software, education, business services, distribution and logistics, federal services, healthcare services and products, healthcare facilities, energy, media, consumer and industrial services, healthcare Information Technology, Information Technology and services, specialty chemicals and materials, telecommunication, retail, and power generation. It seeks to invest in United States. It typically invests between $10 million and $50 million. Within middle market it seeks to invest in companies having EBITDA between $20 million and $200 million. It prefers to invest in equity interests, such as preferred stock, common stock, warrants, or options received in connection with its debt investments and directly in the equity of private companies. The fund makes investments through both primary originations and open-market secondary purchases. It invests primarily in debt securities that are rated below investment grade and have contractual unlevered returns of 10% to 15%. The firm may also invest in distressed debt and related opportunities and prefers to invest in targets having private equity sponsorship. It seeks to hold its investments between five years and ten years. The fund prefer to have majority stake in companies.