New Mountain Finance Corporation (NMFC)

Market Cap	1.25B
Revenue (ttm)	372.54M
Net Income (ttm)	117.82M
Shares Out	107.85M
EPS (ttm)	1.09
PE Ratio	10.65
Forward PE	8.48
Dividend	$0.96 (8.26%)
Ex-Dividend Date	Sep 16, 2024

Volume	330,619
Open	11.67
Previous Close	11.67
Day's Range	11.58 - 11.68
52-Week Range	11.57 - 13.23
Beta	1.19
Analysts	Hold
Price Target	12.00 (+3.27%)
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 one analyst, the rating for NMFC stock is "Hold" and the 12-month stock price forecast is $12.0.

Price Target

$12.0

(3.27% upside)

Analyst Consensus: Hold