New Mountain Finance (NMFC) Panoramica del titolo
New Mountain Finance Corporation (Nasdaq: NMFC), una società di sviluppo aziendale, è un fondo di private equity/acquisti e prestiti specializzato nell'investimento diretto e nella concessione di prestiti a società del mercato medio in settori "a crescita difensiva". Maggiori dettagli
| Punteggio fiocco di neve | |
|---|---|
| Valutazione | 3/6 |
| Crescita futura | 3/6 |
| Prestazioni passate | 0/6 |
| Salute finanziaria | 3/6 |
| Dividendi | 3/6 |
NMFC Community Fair Values
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Analyst Price Targets
Concorrenti di New Mountain Finance Corporation
Storia dei prezzi e prestazioni
| Prezzi storici delle azioni | |
|---|---|
| Prezzo attuale dell'azione | US$7.73 |
| Massimo di 52 settimane | US$10.71 |
| Minimo di 52 settimane | US$6.73 |
| Beta | 0.61 |
| Variazione di 1 mese | 8.72% |
| Variazione a 3 mesi | -2.77% |
| Variazione di 1 anno | -25.60% |
| Variazione a 3 anni | -39.37% |
| Variazione a 5 anni | -41.66% |
| Variazione dall'IPO | -40.54% |
Notizie e aggiornamenti recenti
Seeking Alpha • Jul 13
New Mountain Finance: Overpenalized, 35% NAV Discount, 14% Yield
Summary New Mountain Finance (NMFC) saw rising non-accruals and deteriorating asset quality in Q1. NMFC trades at a 35% discount to NAV, reflecting market concerns over credit quality trends and portfolio pivot towards lower-yielding first liens. In Q1'26, the BDC sold ~$470M in non-strategic loans, thereby helping the company shift towards lower risk first lien investments. NMFC's 22% dividend cut has created negative sentiment overhang. Shares have been weighed too much by pessimism and have an attractive risk/reward. Read the full article on Seeking Alpha
Aggiornamento narrativa • Jun 26
NMFC: Share Buybacks And Dividend Will Support Future Upside Potential
Analysts have trimmed their price target on New Mountain Finance by $0.25, citing updated assumptions for fair value, the discount rate, revenue trends, profit margins, and forward P/E expectations. What’s in the News for New Mountain Finance New Mountain Finance appointed Laura C.Recent updates
Seeking Alpha • Jul 13
New Mountain Finance: Overpenalized, 35% NAV Discount, 14% Yield
Summary New Mountain Finance (NMFC) saw rising non-accruals and deteriorating asset quality in Q1. NMFC trades at a 35% discount to NAV, reflecting market concerns over credit quality trends and portfolio pivot towards lower-yielding first liens. In Q1'26, the BDC sold ~$470M in non-strategic loans, thereby helping the company shift towards lower risk first lien investments. NMFC's 22% dividend cut has created negative sentiment overhang. Shares have been weighed too much by pessimism and have an attractive risk/reward. Read the full article on Seeking AlphaAggiornamento narrativa • Jun 26
NMFC: Share Buybacks And Dividend Will Support Future Upside Potential
Analysts have trimmed their price target on New Mountain Finance by $0.25, citing updated assumptions for fair value, the discount rate, revenue trends, profit margins, and forward P/E expectations. What’s in the News for New Mountain Finance New Mountain Finance appointed Laura C.Seeking Alpha • Apr 13
New Mountain Finance: A 14% Yield That Is Worth Picking Up (Rating Upgrade)
Summary 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. A potential re-rating to net asset value offers 38% recovery potential, despite risks of a dividend cut and broader market uncertainties. Read the full article on Seeking AlphaSeeking Alpha • Mar 21
Yield Hunting Part 14: New Mountain Finance's Baby Bond And Its 6.5% Yield To Worst
Summary 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. Read the full article on Seeking AlphaSeeking Alpha • Mar 06
New Mountain Finance: Not The BDC For Me, Strong Sell
Summary 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. NMFC underperforms peers in EPS and Book Value growth, and despite poor returns, trades at a 10% premium to Book Value. Read the full article on Seeking AlphaSeeking Alpha • Dec 30
New Mountain Finance: Lack Of Investment Diversity Hurts Potential
Summary 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. More than half of NMFC's debt on the balance sheet is held on a floating rate basis, which shrinks operating margins. I rate NMFC as a hold, awaiting improvements in earnings and portfolio performance before considering a position. Read the full article on Seeking AlphaSeeking Alpha • Nov 17
New Mountain Finance: Time To Worry About The Dividend? (Downgrade)
Summary New Mountain Finance lowered its supplemental dividend to $0.01 per share and paused the program due to falling net investment income. The dividend pay-out ratio rose to 97%, increasing the risk of a future dividend cut in a falling-rate environment. The stock is now rated 'Hold' due to the narrower margin of safety and anticipated lower net investment income. NMFC is selling at a 9% discount to net asset value, reflecting concerns about its dividend sustainability. Read the full article on Seeking AlphaSeeking Alpha • Sep 11
New Mountain Finance: Too Risky To Go Long Or Short
Summary New Mountain Finance is a relatively large-scale BDC with a NAV base of ~$1.4 billion and a strategy that is focused on defensive businesses. While NMFC trades close to its NAV, the underlying fundamentals, in my opinion, require a significant discount to account for the key risks. For example, NMFC has a heavy allocation toward non-first lien structures, excessive concentration in the Top 15, and an unfavorable mismatch between assets and liability yield types. In the article, I explain in more detail why I recommend avoiding this BDC, while at the same time not opening a short position here. Read the full article on Seeking AlphaSeeking Alpha • Aug 27
New Mountain Finance: You Can Get A 10% Yield Now
Summary New Mountain Finance Corporation covered its $0.32 per share base dividend with adjusted net investment income and paid a $0.02 supplemental dividend in Q2. The company announced a reduction in its base management fee from 1.40% to 1.25%, enhancing its margin of safety. NMFC stock is trading at a 3% discount to its net asset value, presenting a compelling risk-reward opportunity for passive income investors. Despite an 8% decrease in interest income, the company maintained strong dividend coverage and offers a 10% yield, making it attractive for dividend-seeking investors. Read the full article on Seeking AlphaSeeking Alpha • Jul 23
New Mountain Finance: High Leverage, Mediocre Underwriting, Elevated Equity Risk
Summary BDCs pay handsome dividends, but are not all created or run equally. Differing amounts of risk may be employed by various managements, by tweaking the asset composition, and leverage levels, and industry diversification. New Mountain Finance is very much a "risk on" investment. Read the full article on Seeking AlphaSeeking Alpha • May 26
New Mountain Finance: Strong 10% Yielding BDC Value Proposition (Rating Upgrade)
Summary New Mountain Finance Corporation offers attractive total return potential and has been able to grow its dividend payments. NMFC stock is priced below net asset value and has upside potential in its Equity portfolio in a strong U.S. economy. The company has a 10% yield, covered by net investment income, and has a compelling risk/reward relationship. Read the full article on Seeking AlphaSeeking Alpha • Mar 24
New Mountain Finance: 11% Yielding BDC
Summary New Mountain Finance has paid 4 straight supplemental dividends in addition to its $.32 base dividend. Dividend coverage reached a record 1.23X in 2023. We compare New Mountain Finance to the BDC industry for valuations, performance, profitability and debt. Read the full article on Seeking AlphaSeeking Alpha • Sep 16
New Mountain Finance: A Smart 9.4% Yield For Trying Times
Summary New Mountain Finance is a well-managed BDC with a strong track record of NAV per share stability and outsized total returns. It's benefiting from rising rates and maintains a healthy portfolio. The recent price drop has pushed up the dividend yield to an attractive level. Falling portfolio values can be disheartening for many investors, including seasoned veterans. It's important, however, to keep in mind that bull markets are "born on pessimism, grown on skepticism, mature on optimism, and die on euphoria", as noted by the late great investor Sir John Templeton. That's why it's important to keep one's mind focused on creating value for the portfolio rather than over-rotate one's thinking on when the bear market will end. This brings me to New Mountain Finance (NMFC), which now sports a dividend yield well above 9%. This article highlights why the latest dip presents a solid buying opportunity for income investors, so let's get started. Why NMFC? New Mountain Finance Corp. is an externally managed BDC that was founded during the Great Financial Crisis in 2008 and became publicly-traded in 2011. It's externally managed by New Mountain, which is an alternative investment firm that manages private and public equity, and credit funds with more than $37 billion in assets under management. NMFC carries a diverse portfolio with a fair market value of $3.1 billion, spread across defensive and growing sectors, with enterprise software, healthcare, and business services being its top 3 segments. As shown below, NMFC's remaining segments are comprised of economically essential segments such as education, net lease, and distribution. NMFC Portfolio Mix (Investor Presentation) NMFC's portfolio is also faring well amidst market volatility, with NAV per share declining by just 1% ($0.14) on a sequential QoQ basis to $13.42 at the end of the second quarter. I'm not concerned by this slight decrease in NAV, as it was due primarily to broad market movements, partially offset by a $0.13 net NAV/share increase on NMFC's portfolio. Moreover, NMFC is benefiting from the rising rate environment, as it now generates a 10.3% yield on cost, sitting 150 basis points higher than 8.8% from the prior year period. This was one factor in enabling NMFC to generate NII per share of $0.31, which more than fully covered its $0.30 quarterly dividend. In addition, the overall portfolio is rather healthy with 91% of investments being rated green (its lowest risk rating). The percentage of investments in the lowest red and orange positions also declined from 8.4% of the portfolio in the first quarter to just 2.4% at the end of Q2. Investments on nonaccrual also remain low, representing just 1.36% of the portfolio fair market value. NMFC Portfolio Ratings (Investor Presentation) Risks to NMFC include its lower exposure to first lien investments (56% of portfolio) than some of its peers. However, this percentage moves up to 68% when NMFC's senior loan programs and net lease investments are included. In addition, NMFC's 2nd lien debt (18% of portfolio) provides higher yields and its 7% exposure to common equity gives it NAV upside potential. NMFC is clearly a company that's weathered through economic cycles rather well, by keeping a rather steady NAV per share over the past decade. This has enabled NMFC to produce a 198% total return in the 10 years leading up to the end of May, far surpassing the 73% of the Credit Suisse High Yield Index and the 66% BDC sector average. NMFC NAV/Share History (Investor Presentation) Looking forward, NMFC remains well positioned for rising rates, as 89% of its debt investments portfolio is floating rate, while just 46% of its borrowings are floating rate. It also maintains reasonable leverage with a statutory debt to equity ratio of 1.27x, sitting comfortably below the 2.0x regulatory limit. Deal activity may not be as high as what NMFC saw during the go-go days of second half 2021, but there remain attractive opportunities, as highlighted by management during the recent conference call: Our strategy of making loans to non-cyclical defensive businesses provides added margin of safety compared to that of the overall lending market. While new deal activity remains materially lower than the latter half of 2021, we continue to see compelling investment opportunities in a market where spreads are at least 100 basis points wider than they were at the beginning of the year. The deal structures of most new direct loan investments remain attractive with sponsor equity contributions consistently in the 60% to 80% range. Finally, it is important to highlight that the overall direct lending market continues to take meaningful share from the syndicated loan and high yield bond asset classes as our private financing solutions offer an ease of execution, price clarity and capital certainty that is not currently available in these other markets.Seeking Alpha • Aug 09
New Mountain Finance declares $0.30 dividend
New Mountain Finance (NASDAQ:NMFC) declares $0.30/share quarterly dividend, in line with previous. Forward yield 9.0% Payable Sept. 30; for shareholders of record Sept. 16; ex-div Sept. 15. See NMFC Dividend Scorecard, Yield Chart, & Dividend Growth.Seeking Alpha • Jun 25
New Mountain Finance: A 10.3% Yield Flying Under The Radar
NMFC has outperformed its peer average over its history thanks to its sound investment strategy and stable NAV per share. The company's fundamentals remain solid, with a growing NAV per share and increased credit quality. It currently trades at a material discount to its book value and should benefit from rising rates.Seeking Alpha • Mar 14
New Mountain Finance: A 9% Yielder To Help You Stay Ahead
NMFC is a high-yielding BDC that's seen a decent NAV/share rebound with record deal originations. It maintains a sound leverage profile and pays a covered dividend. Management recently made a shareholder-friendly move of reducing its base management fee.Seeking Alpha • Dec 19
New Mountain Finance: Why It's Time To Climb This 9.1% Yielder
New Mountain Finance is a well-run BDC with a strong track record of shareholder returns. It invests primarily in technology and defensive industries, and its NAV/share has bounced back to the pre-pandemic level. Management has reduced its management fee, and noted steps to defend the current dividend rate should the need arise.Seeking Alpha • Oct 01
New Mountain Finance: Dividend Stability And Income Tailwinds
New Mountain Finance has committed to paying out $0.30 through the end of 2022 via its recently announced dividend support program. The company has generated sector-beating historic NAV returns while trading at a below-average valuation. Recent reductions in debt interest cost and a new investment-grade rating are strong tailwinds for higher income levels in the coming quarters.Seeking Alpha • Sep 08
New Mountain Finance: A 9% Yield Flying Under The Radar
New Mountain Finance has a strong track record of shareholder returns, and its employees own 12% of the company. It invests primarily in senior secured loans and could see continued NAV improvements. Management appears to be shareholder-friendly, as it waived a part of its base management fee.Rendimenti per gli azionisti
| NMFC | US Capital Markets | US Mercato | |
|---|---|---|---|
| 7D | 0.5% | 2.5% | 0.6% |
| 1Y | -25.6% | 4.9% | 20.1% |
Ritorno vs Industria: NMFC ha avuto una performance inferiore rispetto al US Capital Markets che ha registrato un rendimento 4.9 % nell'ultimo anno.
Rendimento vs Mercato: NMFC ha avuto una performance inferiore al mercato US che ha registrato un rendimento 20.1 % nell'ultimo anno.
Volatilità dei prezzi
| NMFC volatility | |
|---|---|
| NMFC Average Weekly Movement | 4.0% |
| Capital Markets Industry Average Movement | 3.6% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in US Market | 16.3% |
| 10% least volatile stocks in US Market | 3.1% |
Prezzo delle azioni stabile: NMFC non ha avuto una volatilità dei prezzi significativa negli ultimi 3 mesi rispetto al mercato US.
Volatilità nel tempo: La volatilità settimanale ( 4% ) di NMFC è rimasta stabile nell'ultimo anno.
Informazioni sull'azienda
| Fondato | I dipendenti | AMMINISTRATORE DELEGATO | Sito web |
|---|---|---|---|
| 2010 | n/a | John Kline | www.newmountainfinance.com |
New Mountain Finance Corporation (Nasdaq: NMFC), una società di sviluppo aziendale, è un fondo di private equity/acquisti e prestiti specializzato nell'investire e concedere prestiti direttamente a società del mercato medio in settori "a crescita difensiva". Il fondo preferisce investire in società di buyout e middle market. Investe anche in titoli di debito a tutti i livelli della struttura del capitale, compresi debiti di primo e secondo grado, titoli non garantiti e titoli mezzanini.
New Mountain Finance Corporation Riepilogo dei fondamenti
| NMFC statistiche fondamentali | |
|---|---|
| Capitalizzazione di mercato | US$730.12m |
| Utili (TTM) | -US$48.37m |
| Ricavi(TTM) | US$288.20m |
2.5x
Rapporto P/S-15.1x
Rapporto P/ENMFC è sopravvalutato?
Vedi Fair Value e analisi di valutazioneUtili e ricavi
| NMFC Conto economico (TTM) | |
|---|---|
| Ricavi | US$288.20m |
| Costo del fatturato | US$0 |
| Profitto lordo | US$288.20m |
| Altre spese | US$336.57m |
| Utili | -US$48.37m |
Ultimi utili riportati
Jun 30, 2026
Prossima data di guadagno
n/a
| Utile per azione (EPS) | -0.51 |
| Margine lordo | 100.00% |
| Margine di profitto netto | -16.78% |
| Rapporto debito/patrimonio netto | 130.4% |
Come si è comportato NMFC nel lungo periodo?
Vedi performance storica e confrontoDividendi
12.9%
Rendimento attuale del dividendo-253%
Rapporto di remunerazioneNMFC paga dividendi affidabili?
Vedere la storia dei dividendi e i benchmark di NMFC| New Mountain Finance date dei dividendi | |
|---|---|
| Data di stacco del dividendo | Sep 16 2026 |
| Data di pagamento dei dividendi | Sep 30 2026 |
| Giorni fino al dividendo Ex | 30 days |
| Giorni prima della data di pagamento dei dividendi | 44 days |
NMFC paga dividendi affidabili?
Vedere la storia dei dividendi e i benchmark di NMFCAnalisi aziendale e situazione dei dati finanziari
| Dati | Ultimo aggiornamento (ora UTC) |
|---|---|
| Analisi dell'azienda | 2026/08/17 05:56 |
| Prezzo dell'azione a fine giornata | 2026/08/14 00:00 |
| Utili | 2026/06/30 |
| Utili annuali | 2025/12/31 |
Fonti dei dati
I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.
| Pacchetto | Dati | Tempistica | Esempio Fonte USA * |
|---|---|---|---|
| Dati finanziari della società | 10 anni |
| |
| Stime di consenso degli analisti | +3 anni |
|
|
| Prezzi di mercato | 30 anni |
| |
| Proprietà | 10 anni |
| |
| Gestione | 10 anni |
| |
| Sviluppi principali | 10 anni |
|
* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.
Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.
Modello di analisi e Snowflake
I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina GitHub; abbiamo anche delle guide su come utilizzare i nostri report e dei tutorial su YouTube.
Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.
Metriche di settore e industriali
Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.
Fonti analitiche
New Mountain Finance Corporation è coperta da 10 analisti. 7 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.
| Analista | Istituzione |
|---|---|
| Bryce Rowe | Baird |
| Derek Hewett | BofA Global Research |
| Sean-Paul Adams | B. Riley Securities, Inc. |