New Mountain FinanceNMFC
NMFC
About: New Mountain Finance Corp is a closed-end, non-diversified management investment company. It invests in equity interests such as preferred stock, common stock, warrants, or options received in connection with debt investments or may include direct investment in the equity of private companies. The company's investment objective is to generate current income and capital appreciation through sourcing and origination of debt securities at all levels of the capital structure, including first and second-lien debt, notes, bonds and mezzanine securities.
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
390% more call options, than puts
Call options by funds: $686K | Put options by funds: $140K
12% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 25
10% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 50
0% more funds holding
Funds holding: 168 [Q3] → 168 (+0) [Q4]
1.02% less ownership
Funds ownership: 32.45% [Q3] → 31.43% (-1.02%) [Q4]
8% less capital invested
Capital invested by funds: $414M [Q3] → $382M (-$31.5M) [Q4]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$10
1%
upside
Avg. target
$10.50
6%
upside
High target
$11
11%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
Wells Fargo Finian O'Shea 63% 1-year accuracy 38 / 60 met price target | 1%upside $10 | Equal-Weight Maintained | 28 Apr 2025 |
Keefe, Bruyette & Woods Paul Johnson 59% 1-year accuracy 10 / 17 met price target | 11%upside $11 | Market Perform Maintained | 8 Apr 2025 |
Financial journalist opinion
Positive
Seeking Alpha
2 weeks ago
New Mountain Finance: A 14% Yield That Is Worth Picking Up (Rating Upgrade)
New Mountain Finance Corporation's stock has dropped 19% since January 1, 2025, creating a buying opportunity due to a significant discount to net asset value. Despite a 100% dividend pay-out ratio in Q4, the valuation now offers a high margin of safety for passive income investors. The BDC's portfolio is focused on highly collateralized Senior loans, maintaining stable non-accruals and a moderate decrease in portfolio income.
Neutral
Business Wire
3 weeks ago
New Mountain Finance Corporation Schedules its First Quarter 2025 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 March 31, 2025 on Monday, May 5, 2025 after markets close. The Company will host an earnings conference call and webcast at 10:00 am Eastern Time on Tuesday, May 6, 2025. During the live conference call, the Company's officers will review the first quarter performance, discuss recent events and conduct a que.
Positive
Seeking Alpha
1 month ago
Yield Hunting Part 14: New Mountain Finance's Baby Bond And Its 6.5% Yield To Worst
We present low-duration BDC bonds, highlighting NMFCZ with an 8.16% yield to maturity, 3.66 years to maturity, and a Baa3 credit rating. NMFCZ offers higher yields compared to top-tier BDCs, despite lower credit quality, making it a safer investment option among exchange-traded baby bonds. NMFC's Baa3 rating reflects its 14-year history, credit expertise, low duration, lower first-lien investments and higher non-accrual investments.
Neutral
Seeking Alpha
1 month ago
New Mountain Finance: Not The BDC For Me, Strong Sell
Adding Business Development Company assets post-Covid became crucial; I currently hold Ares Capital and Hercules Capital for their high yields and positive returns. New Mountain Finance specializes in defensive growth industries, but its EPS for 2024 is 30% less than in 2017. NMFC's dividends haven't grown over the past decade, and its Book Value has decreased, earning it a Strong Sell rating.
Neutral
Seeking Alpha
2 months ago
New Mountain Finance Corporation (NMFC) Q4 2024 Earnings Call Transcript
New Mountain Finance Corporation (NASDAQ:NMFC ) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants John Kline - President and CEO Steve Klinsky - Chairman and CEO, New Mountain Capital Laura Holson - Chief Operating Officer Kris Corbett - Chief Financial Officer and Treasurer Conference Call Participants Robert Dodd - Raymond James Operator Good day, and welcome to the New Mountain Finance Corporation's Fourth Quarter 2024 Earnings Call. All participants will be in a listen-only mode.
Neutral
Business Wire
2 months ago
BTG Pactual Strategic Capital Announces Strategic Investment to Support UniTek Global Services, Inc. in Its Next Phase of Growth
NEW YORK--(BUSINESS WIRE)--BTG Pactual Strategic Capital (“Strat Cap”) announced today that it has completed a strategic investment in UniTek Global Services, Inc. (“UniTek” or the “Company”), a leading super-regional broadband infrastructure services provider supporting the telecommunications and data center end markets. This investment is in partnership with UniTek's lead investor, New Mountain Finance Corporation (Nasdaq: NMFC) and affiliates. UniTek provides a comprehensive suite of broadba.
Negative
Zacks Investment Research
2 months ago
New Mountain Finance (NMFC) Q4 Earnings and Revenues Lag Estimates
New Mountain Finance (NMFC) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.40 per share a year ago.
Neutral
Business Wire
2 months ago
New Mountain Finance Corporation Announces December 31, 2024 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 and year ended December 31, 2024. Fourth Quarter and Recent Highlights1 Net investment income of $34.5 million, or $0.32 per weighted average share Net asset value of $12.55 per share compared to $12.62 per share as of September 30, 2024 Sustained strong credit performance with approximately 97% of the portfoli.
Neutral
Business Wire
3 months ago
New Mountain Finance Corporation Schedules its Fourth Quarter and Year Ended December 31, 2024 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 and year ended December 31, 2024 on Wednesday, February 26, 2025 after markets close. The Company will host an earnings conference call and webcast at 10:00 am Eastern Time on Thursday, February 27, 2025. During the live conference call, the Company's officers will review the fourth quarter and year ended December.
Neutral
Seeking Alpha
3 months ago
New Mountain Finance: Lack Of Investment Diversity Hurts Potential
NMFC's high dividend yield is attractive, but declining earnings and portfolio vulnerabilities raise concerns about sustainability and overall attractiveness. NMFC's portfolio lacks industry diversity, making it more vulnerable to sector-specific downturns, despite having a significant portion in senior secured debt. The current discount to NAV and potential interest rate cuts may offer a favorable entry point, but caution is advised due to ongoing risks.
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