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Ticker Symbol: NMFC

New Mountain Finance Corp

$13.80 - 02-12-2024 4 p.m. ET

Exchange: NASDAQ Country: US Currency: USD Asset Type: Common Stock CIK:0001496099

Company Profile

New Mountain Finance Corporation is a closed-end, non-diversified and externally managed investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. The Company's investment objective is to generate current income and capital appreciation through the sourcing and origination of debt securities at all levels of the capital structure, including first and second lien debt, notes, bonds and mezzanine securities. The Company's first lien debt may include traditional first lien senior secured loans or unitranche loans. Unitranche loans combine characteristics of traditional first lien senior secured loans as well as second lien and subordinated loans. Unitranche loans will expose the Company to the risks associated with second lien and subordinated loans to the extent it invests in the 'last out' tranche. In some cases, the investments may also include small equity interests. The Company's investment activities are managed by its Investment Adviser, New Mountain Finance Advisers BDC, L.L.C., which is an investment adviser registered under the Investment Advisers Act of 1940, as amended.

Sector: Finance and Insurance
Industry: Securities and Commodity Exchanges
Standard Industrial Classification Code (SIC code): 7299
Address: 787 7th Ave Fl 48
CEO: Robert Hamwee
Tags:
  • Finance
  • Investment Managers
  • Finance and Insurance
  • Securities and Commodity Exchanges

Pricing

Last Updated: October 3, 2023 03:00 PM EST
Previous Close: $12.72
Change: -$0.08 ( -0.62%)
Days Range: $12.65 - $12.81
Beta: 0.52
52wk. High: $13.10
52wk. Low: $10.13
Ytd. Change 14.52%
50 Day Moving Average: $12.70
200 Day Moving Average: $11.95
Shares Outstanding: 100937026

Valuation

Market Cap: 128.4B
PE Ratio: 15.18
EPS (TTM): 0.8381

Dividends

Dividend Per Share (TTM): $1.25
Dividend Yield (TTM): 9.91%
Ex-Dividend Date: September 14, 2023