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How to buy New Mountain Finance Corporation stock | $11.64
Own New Mountain Finance Corporation stock in just a few minutes.
Fact checked
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.
How to buy shares in New Mountain Finance Corporation
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for New Mountain Finance Corporation. Find the stock by name or ticker symbol: NMFC. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until New Mountain Finance Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of USD$11.64, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of New Mountain Finance Corporation, depending on your broker.
- Check in on your investment. Congratulations, you own a part of New Mountain Finance Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- NMFC shares summary
- Compare share dealing platforms
- Is NMFC stock a buy or sell?
- Stock performance over time
- Can I short NMFC shares?
- Are NMFC shares over-valued?
- New Mountain Finance Corporation's financials
- How volatile are NMFC shares?
- Does New Mountain Finance Corporation pay a dividend?
- Have NMFC shares ever split?
- Other common questions
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
Information last updated 2021-01-12.
| Latest market close | USD$11.64 |
|---|---|
| 52-week range | USD$4.2403 - USD$12.8642 |
| 50-day moving average | USD$11.7142 |
| 200-day moving average | USD$10.2364 |
| Wall St. target price | USD$11.83 |
| PE ratio | 81.958 |
| Dividend yield | USD$1.2 (10.16%) |
| Earnings per share (TTM) | USD$0.143 |
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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.
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.
New Mountain Finance Corporation price performance over time
Historical closes compared with the close of $11.64 from 2021-01-11
| 1 week (2021-01-07) | -0.94% |
|---|---|
| 1 month (2020-12-17) | -0.09% |
| 3 months (2020-10-16) | 20.50% |
| 6 months (2020-07-17) | 26.38% |
| 1 year (2020-01-17) | -18.14% |
|---|---|
| 2 years (2019-01-17) | -14.10% |
| 3 years (2018-01-17) | 13.45 |
| 5 years (2016-01-15) | 3.84% |
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 82x. In other words, New Mountain Finance Corporation shares trade at around 82x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
New Mountain Finance Corporation financials
| Revenue TTM | USD$278.8 million |
|---|---|
| Operating margin TTM | 72.02% |
| Gross profit TTM | USD$276.5 million |
| Return on assets TTM | 4.07% |
| Return on equity TTM | 1.3% |
| Profit margin | 4.94% |
| Book value | $12.236 |
| Market capitalisation | USD$1.1 billion |
TTM: trailing 12 months
Shorting New Mountain Finance Corporation shares
There are currently 1.1 million New Mountain Finance Corporation shares held short by investors – that's known as New Mountain Finance Corporation's "short interest". This figure is 12% down from 1.3 million 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 504433.62831858). New Mountain Finance Corporation's SIR currently stands at 2.26. In other words for every 100,000 New Mountain Finance Corporation shares traded daily on the market, roughly 2260 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 0.01% of the outstanding shares (for every 100,000 New Mountain Finance Corporation shares in existence, roughly 10 shares are currently held short) or 0.0129% of the tradable shares (for every 100,000 tradable New Mountain Finance Corporation shares, roughly 13 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: 97.64% of net profits
Recently New Mountain Finance Corporation has paid out, on average, around 97.64% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 10.16% 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 10.16% return on their shares, in the form of dividend payments. In New Mountain Finance Corporation's case, that would currently equate to about $1.2 per share.
New Mountain Finance Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
New Mountain Finance Corporation's most recent dividend payout was on 30 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 15 December 2020 (the "ex-dividend date").
Have New Mountain Finance Corporation's shares ever split?
New Mountain Finance Corporation's shares were split on 16 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 $4.2403 up to $12.8642. 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 1.4312. 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. It invests primarily in debt securities that are rated below investment grade and have contractual unlevered returns of 10% to 15%. The firm may also invest in distressed debt and related opportunities and prefers to invest in targets having private equity sponsorship. It seeks to hold its investments between five years and ten years. The fund prefer to have majority stake in companies.
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