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.
New Mountain Finance stock last closed at $12.11, up 0.33% from the previous day, and has decreased 7.42% in one year. It has underperformed other stocks in the Asset Management industry by 0.04 percentage points. New Mountain Finance stock is currently +9.2% from its 52-week low of $11.09, and -10.89% from its 52-week high of $13.59.
There are currently 100.94M NMFC shares outstanding. The market value of NMFC is $1.22B. In the last 24 hours, 242,186 NMFC shares were traded.
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Once you have identified the best place to buy New Mountain Finance stock, it's crucial to evaluate their stock before you invest, so you truly wrap your head around the risk as well as the upside.
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You can see all of the due diligence checks on NMFC's stock page.
You can use a variety of different financial metrics, analyses, models, and charts to gauge NMFC's fair value.
Using relative valuations metrics:
You can access additional valuation research on NMFC's stock here.
Out of 2 Equities analysts who monitor NMFC, the consensus analyst rating on NMFC is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Mitchel Penn, a bottom 22% analyst from Oppenheimer maintains NMFC with a buy rating and lowers their NMFC price target from $14.00 to $13.00, on May 10, 2023.
Timothy O'Shea, a top 28% analyst from Wells Fargo maintains NMFC with a hold rating and raises their NMFC price target from $11.00 to $11.50, on May 10, 2023.
You can dive deeper into what analysts are projecting on the New Mountain Finance stock forecast page.
Last year, NMFC earnings were $83.11M. During the past five year, NMFC's earnings have increased by -9.27% per year. This was slower than the Asset Management industry average of 0.42%.
Last year, NMFC revenue was $317.62M. In the last five year, NMFC's revenue has increased by 8.9% per year. This was slower than the Asset Management industry average of 17.12%.
Find out more about NMFC's earnings and revenue performance here.
Over the past year, insiders at NMFC have bought more shares than they have sold.
Laura Holson Boswerger, COO and CFO of NMFC, was the latest NMFC insider to buy. They bought $59,350.00 worth of NMFC stock on May 11, 2023.
Get more info about who owns NMFC stock here.
New Mountain Finance pays a dividend of 10.24%, compared to the Asset Management industry's average dividend yield of 6.72%. If you owned $1,000 of NMFC stock, you would have been paid $102.39 in the past 12 months.
New Mountain Finance dividend payments have not consistently grown over the past decade and have not remained stable.
Get more analysis about New Mountain Finance dividend yield and history here.
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