New Mountain Finance Corporation (NMFC)

NASDAQ: NMFC · IEX Real-Time Price · USD
13.02
+0.04 (0.31%)
At close: Jan 27, 2023, 4:00 PM
13.04
+0.02 (0.15%)
After-hours: Jan 27, 2023, 5:47 PM EST
0.31%
Market Cap 1.31B
Revenue (ttm) 288.74M
Net Income (ttm) 112.10M
Shares Out 100.94M
EPS (ttm) 1.07
PE Ratio 12.17
Forward PE 9.08
Dividend $1.22 (9.37%)
Ex-Dividend Date Dec 15, 2022
Volume 305,458
Open 13.00
Previous Close 12.98
Day's Range 12.95 - 13.05
52-Week Range 11.09 - 14.09
Beta 1.21
Analysts Buy
Price Target 13.11 (+0.69%)
Earnings Date Feb 28, 2023

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, specia... [Read more]

Sector Financials
CEO Robert Hamwee
Country United States
Stock Exchange NASDAQ
Ticker Symbol NMFC
Full Company Profile

Financial Performance

In 2021, NMFC's revenue was $270.96 million, a decrease of -1.01% compared to the previous year's $273.71 million. Earnings were $201.40 million, an increase of 244.43%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for NMFC stock is "Buy." The 12-month stock price forecast is $13.11, which is an increase of 0.69% from the latest price.

Price Target
$13.11
(0.69% upside)
Analyst Consensus: Buy
Stock Forecasts

News

New Mountain Finance Corporation Schedules its Fourth Quarter and Year Ended December 31, 2022 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (Nasdaq: NMFC) (“New Mountain” or “the Company”) announced today that it will release financial results for the quarter and year ended Dec...

3 weeks ago - Business Wire

New Mountain Finance Corporation Extends Stock Repurchase Program

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (NASDAQ: NMFC) (“NMFC” or “the Company”) today announced that on December 22, 2022 its board of directors authorized an extension of a pre...

1 month ago - Business Wire

Best Income Stocks to Buy for November 11th

MRCC, GWW and NMFC made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 11, 2022.

Other symbols: GWWMRCC
2 months ago - Zacks Investment Research

New Mountain Finance (NMFC) Beats Q3 Earnings and Revenue Estimates

New Mountain (NMFC) delivered earnings and revenue surprises of 3.23% and 4.57%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

New Mountain Finance Corporation Announces Third Quarter Financial Results

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (NASDAQ: NMFC) (“New Mountain,” “New Mountain Finance” or the “Company”) today announced its financial results for the quarter ended Septemb...

2 months ago - Business Wire

New Mountain Finance Corporation Announces Completion of Offering of $200 Million of 7.50% Convertible Notes due 2025

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (the “Company”) (NASDAQ: NMFC) announced today the completion of an offering of $200.0 million in aggregate principal amount of its 7.50% co...

3 months ago - Business Wire

New Mountain Finance (NMFC) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

New Mountain (NMFC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

New Mountain Finance Corporation Announces Pricing of $200 Million of 7.50% Convertible Notes due 2025 and Announces Preliminary Financial Results for the Quarter Ended September 30, 2022

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (the “Company”) (NASDAQ: NMFC) announced today the pricing of $200.0 million in aggregate principal amount of its 7.50% convertible notes du...

3 months ago - Business Wire

New Mountain Finance Corporation Announces Time Change for its Third Quarter 2022 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (Nasdaq: NMFC) (“New Mountain” or “the Company”) announced today that it will now release its financial results for the quarter ended Septem...

3 months ago - Business Wire

New Mountain Finance Corporation Schedules its Third Quarter 2022 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (Nasdaq: NMFC) (“New Mountain” or “the Company”) announced today that it will release its financial results for the quarter ended September ...

4 months ago - Business Wire

New Mountain Finance (NMFC) Beats Q2 Earnings and Revenue Estimates

New Mountain (NMFC) delivered earnings and revenue surprises of 3.33% and 3.50%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

New Mountain Finance Corporation Announces Financial Results for the Quarter Ended June 30, 2022, Reports Second Quarter Net Investment Income of $0.31 per Share, Declares Third Quarter 2022 Distribution of $0.30 per Share

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (NASDAQ: NMFC) (the "Company", "we", "us" or "our") today announced its financial results for the quarter ended June 30, 2022 and reported s...

6 months ago - Business Wire

New Mountain Finance Corporation Schedules its Second Quarter 2022 Earnings Release and Dividend Announcement

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (Nasdaq: NMFC) (“NMFC” or “the Company”) today announced that it will release its financial results for the quarter ended June 30, 2022 on M...

7 months ago - Business Wire

6 Dividend Stocks to Buy Yielding 5% or More

These dividend stocks to buy yield 5% or more. These stocks have enough earnings to cover their high yield payments, making them more secure.

Other symbols: BDCGLADPSECTVZ
8 months ago - InvestorPlace

New Mountain Finance (NMFC) Meets Q1 Earnings Estimates

New Mountain (NMFC) delivered earnings and revenue surprises of 0% and 0.50%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

New Mountain Finance Corporation Announces Financial Results for the Quarter Ended March 31, 2022, Reports First Quarter Net Investment Income of $0.30 per Share, Declares Second Quarter 2022 Distribution of $0.30 per Share

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (NASDAQ: NMFC) (the "Company", "we", "us" or "our") today announced its financial results for the quarter ended March 31, 2022 and reported ...

9 months ago - Business Wire

New Mountain Finance Corporation Schedules its First Quarter 2022 Earnings Release and Dividend Announcement

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (Nasdaq: NMFC) (“NMFC” or “the Company”) today announced that it will release its financial results for the quarter ended March 31, 2022 on ...

10 months ago - Business Wire

New Mountain Finance Corporation Announces Financial Results for the Quarter and Year Ended December 31, 2021, Reports Fourth Quarter 2021 Net Investment Income of $0.31 per Share, Declares First Quarter 2022 Distribution of $0.30 per Share

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (NASDAQ: NMFC) (the "Company", "we", "us" or "our") today announced its financial results for the quarter and year ended December 31, 2021 a...

11 months ago - Business Wire

Is a Surprise Coming for New Mountain Finance (NMFC) This Earnings Season?

New Mountain Finance (NMFC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 year ago - Zacks Investment Research

New Mountain Finance (NMFC) Reports Next Week: Wall Street Expects Earnings Growth

New Mountain (NMFC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research

New Mountain Finance Corporation Schedules its Fourth Quarter 2021 Earnings Release and Dividend Announcement

NEW YORK--(BUSINESS WIRE)-- #NMFC--New Mountain Finance Corporation Schedules its Fourth Quarter 2021 Earnings Release and Dividend Announcement

1 year ago - Business Wire

New Mountain Finance (NMFC) Extends Share Buyback, Stock Up

The announcement of an extended share repurchase program reflects New Mountain Finance's (NMFC) ability to augment shareholder value.

1 year ago - Zacks Investment Research

New Mountain Finance (NMFC) Q3 Earnings and Revenues Surpass Estimates

New Mountain (NMFC) delivered earnings and revenue surprises of 3.33% and 2.76%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

New Mountain Finance Corporation Announces Financial Results for the Quarter Ended September 30, 2021

NEW YORK--(BUSINESS WIRE)-- #NMFC--New Mountain Finance Corporation Announces Financial Results for the Quarter Ended September 30, 2021

1 year ago - Business Wire

New Mountain Finance (NMFC) Reports Next Week: What to Expect

New Mountain (NMFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research