New Mountain Finance Corporation
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $12.79
- Today's High:
- $12.905
- Open Price:
- $12.79
- 52W Low:
- $10.3287
- 52W High:
- $13.2
- Prev. Close:
- $12.8
- Volume:
- 373584
Company Statistics
- Market Cap.:
- $1.29 billion
- Book Value:
- 13.138
- Revenue TTM:
- $340.00 million
- Operating Margin TTM:
- 74.64%
- Gross Profit TTM:
- $294.63 million
- Profit Margin:
- 30%
- Return on Assets TTM:
- 4.73%
- Return on Equity TTM:
- 7.56%
Company Profile
New Mountain Finance Corporation had its IPO on 2011-05-20 under the ticker symbol NMFC.
The company operates in the Financial Services sector and Asset Management industry. New Mountain Finance Corporation has a staff strength of 0 employees.
Stock update
Shares of New Mountain Finance Corporation opened at $12.79 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $12.79 - $12.91, and closed at $12.84.
This is a +0.31% increase from the previous day's closing price.
A total volume of 373,584 shares were traded at the close of the day’s session.
In the last one week, shares of New Mountain Finance Corporation have increased by +0.16%.
New Mountain Finance Corporation's Key Ratios
New Mountain Finance Corporation has a market cap of $1.29 billion, indicating a price to book ratio of 0.9598 and a price to sales ratio of 4.2579.
In the last 12-months New Mountain Finance Corporation’s revenue was $340.00 million with a gross profit of $294.63 million and an EBITDA of $0. The EBITDA ratio measures New Mountain Finance Corporation's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, New Mountain Finance Corporation’s operating margin was 74.64% while its return on assets stood at 4.73% with a return of equity of 7.56%.
In Q2, New Mountain Finance Corporation’s quarterly earnings growth was a positive 98.9% while revenue growth was a positive 30.6%.
New Mountain Finance Corporation’s PE and PEG Ratio
- Forward PE
- 9.0827
- Trailing PE
- 13.4737
- PEG
- 0
Its diluted EPS in the last 12-months stands at $0.95 per share while it has a forward price to earnings multiple of 9.0827 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into New Mountain Finance Corporation’s profitability.
New Mountain Finance Corporation stock is trading at a EV to sales ratio of 22.8365 and a EV to EBITDA ratio of 16.1634. Its price to sales ratio in the trailing 12-months stood at 4.2579.
New Mountain Finance Corporation stock pays annual dividends of $1.26 per share, indicating a yield of 10.55% and a payout ratio of 97.66%.
Balance sheet and cash flow metrics
- Total Assets
- $3.30 billion
- Total Liabilities
- $377.10 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $0
- Dividend Payout Ratio
- 97.66%
New Mountain Finance Corporation ended 2024 with $3.30 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.30 billion while shareholder equity stood at $1.33 billion.
New Mountain Finance Corporation ended 2024 with $3.08 million in deferred long-term liabilities, $377.10 million in other current liabilities, 1009000.00 in common stock, $19.29 million in retained earnings and $0 in goodwill. Its cash balance stood at $45.93 million and cash and short-term investments were $45.93 million. The company’s total short-term debt was $377,104,000 while long-term debt stood at $1.91 billion.
New Mountain Finance Corporation’s total current assets stands at $86.46 million while long-term investments were $3.18 billion and short-term investments were $3.20 billion. Its net receivables were $41.21 million compared to accounts payable of $23.69 million and inventory worth $0.
In 2024, New Mountain Finance Corporation's operating cash flow was $0 while its capital expenditure stood at $0.
Comparatively, New Mountain Finance Corporation paid $0.98 in dividends in 2024.
Other key metrics
- Current Trading Price
- $12.84
- 52-Week High
- $13.2
- 52-Week Low
- $10.3287
- Analyst Target Price
- $13.21
New Mountain Finance Corporation stock is currently trading at $12.84 per share. It touched a 52-week high of $13.2 and a 52-week low of $13.2. Analysts tracking the stock have a 12-month average target price of $13.21.
Its 50-day moving average was $12.73 and 200-day moving average was $12.08 The short ratio stood at 6.85 indicating a short percent outstanding of 0%.
Around 1076% of the company’s stock are held by insiders while 4351.8% are held by institutions.
Frequently Asked Questions About New Mountain Finance Corporation
Similar Industry Stocks (Asset Management)
Most Active
Top Gainers
Top Losers
About
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, engineering and consulting services, specialty chemicals and materials, trading companies and distributors, commercial printing, diversified support services, education services, environmental and facilities services, office services and supplies, media, distributors, health care services, health care facilities, application software, business services, systems software, federal services, distribution and logistics, interactive home entertainment, telecommunication services, hydroelectric power generation, electric power generation by fossil fuels, electric power generation by nuclear fuels, health care technology, and security and alarm services. The fund seeks to invest in United States of America. It seeks to invest between $10 million and $125 million per transaction. The firm invests through both primary originations and open-market secondary purchases. It invests in companies with EBITDA between $10 million and $200 million. The fund seeks a majority stake in its portfolio companies.