How to buy New Mountain Finance Corporation stock

New Mountain Finance Corporation is an asset management business based in the US. New Mountain Finance Corporation shares (NMFC) are listed on the NASDAQ and all prices are listed in US Dollars.

New Mountain Finance Corporation share price

Use our graph to track the performance of NMFC stocks over time.

New Mountain Finance Corporation shares at a glance

• Key figures

Information last updated 2021-04-23.

52-week range	$6.24 - $13.14
50-day moving average	$12.78
200-day moving average	$11.62
Wall St. target price	$13.00
PE ratio	21.6167
Dividend yield	$1.24 (9.49%)
Earnings per share (TTM)	$0.60

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Is it a good time to buy New Mountain Finance Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of New Mountain Finance Corporation by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is New Mountain Finance Corporation under- or over-valued?

Valuing New Mountain Finance Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of New Mountain Finance Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

New Mountain Finance Corporation's P/E ratio

New Mountain Finance Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 22x. In other words, New Mountain Finance Corporation shares trade at around 22x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

New Mountain Finance Corporation financials

Revenue TTM	$273.7 million
Operating margin TTM	71.39%
Gross profit TTM	$273.7 million
Return on assets TTM	3.84%
Return on equity TTM	4.91%
Profit margin	21.36%
Book value	$12.62
Market capitalisation	$1.3 billion

TTM: trailing 12 months

Shorting New Mountain Finance Corporation shares

There are currently 314,688 New Mountain Finance Corporation shares held short by investors – that's known as New Mountain Finance Corporation's "short interest". This figure is 21% down from 398,313 last month.

There are a few different ways that this level of interest in shorting New Mountain Finance Corporation shares can be evaluated.

New Mountain Finance Corporation's "short interest ratio" (SIR)

New Mountain Finance Corporation's "short interest ratio" (SIR) is the quantity of New Mountain Finance Corporation shares currently shorted divided by the average quantity of New Mountain Finance Corporation shares traded daily (recently around 572160). New Mountain Finance Corporation's SIR currently stands at 0.55. In other words for every 100,000 New Mountain Finance Corporation shares traded daily on the market, roughly 550 shares are currently held short.

However New Mountain Finance Corporation's short interest can also be evaluated against the total number of New Mountain Finance Corporation shares, or, against the total number of tradable New Mountain Finance Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case New Mountain Finance Corporation's short interest could be expressed as 0% of the outstanding shares (for every 100,000 New Mountain Finance Corporation shares in existence, roughly 0 shares are currently held short) or 0.0036% of the tradable shares (for every 100,000 tradable New Mountain Finance Corporation shares, roughly 4 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against New Mountain Finance Corporation.

Find out more about how you can short New Mountain Finance Corporation stock.

New Mountain Finance Corporation share dividends

Dividend payout ratio: 1.13% of net profits

Recently New Mountain Finance Corporation has paid out, on average, around 1.13% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.19% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), New Mountain Finance Corporation shareholders could enjoy a 9.19% return on their shares, in the form of dividend payments. In New Mountain Finance Corporation's case, that would currently equate to about $1.24 per share.

While New Mountain Finance Corporation's payout ratio might seem low, this can signify that New Mountain Finance Corporation is investing more in its future growth.

New Mountain Finance Corporation's most recent dividend payout was on 29 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 15 March 2021 (the "ex-dividend date").

Have New Mountain Finance Corporation's shares ever split?

New Mountain Finance Corporation's shares were split on 15 August 2013.

New Mountain Finance Corporation share price volatility

Over the last 12 months, New Mountain Finance Corporation's shares have ranged in value from as little as $6.2448 up to $13.1389. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while New Mountain Finance Corporation's is 1.4584. This would suggest that New Mountain Finance Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

New Mountain Finance Corporation overview

New Mountain Finance Corporation is a Business Development Company specializing in investments in middle market companies and debt securities at various levels of the capital structure, including first and second lien debt, unsecured notes, bonds, and mezzanine securities. It invests in various industries that include software, education, business services, distribution and logistics, federal services, healthcare services and products, healthcare facilities, energy, media, consumer and industrial services, healthcare Information Technology, Information Technology and services, specialty chemicals and materials, telecommunication, retail, and power generation. It seeks to invest in United States. It typically invests between $10 million and $50 million. Within middle market it seeks to invest in companies having EBITDA between $20 million and $200 million. It prefers to invest in equity interests, such as preferred stock, common stock, warrants, or options received in connection with its debt investments and directly in the equity of private companies. The fund makes investments through both primary originations and open-market secondary purchases.

Frequently asked questions

• What percentage of New Mountain Finance Corporation is owned by insiders or institutions?

  Currently 10.166% of New Mountain Finance Corporation shares are held by insiders and 35.532% by institutions.

• When does the fiscal year end for New Mountain Finance Corporation?

  New Mountain Finance Corporation's fiscal year ends in December.

• Where is New Mountain Finance Corporation based?

  New Mountain Finance Corporation's address is: 787 Seventh Avenue, New York, NY, United States, 10019

• What is New Mountain Finance Corporation's ISIN number?

  New Mountain Finance Corporation's international securities identification number is: US6475511001

• What is New Mountain Finance Corporation's CUSIP number?

  New Mountain Finance Corporation's Committee on Uniform Securities Identification Procedures number is: 647551100