The Technical Analyst
New Mountain Finance Corp [NMFC]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
New Mountain Finance Corp Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: SELL (auto-tracking)
0.00% $12.63
America/New_York / 8 mai 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 1 342.43 mill |
| EPS: | 1.100 |
| P/E: | 11.48 |
| Earnings Date: | Jul 31, 2024 |
| SharesOutstanding: | 106.29 mill |
| Avg Daily Volume: | 0.462 mill |
| RATING 2024-05-08 |
|---|
| B+ |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Sell | |
| Return On Asset: | Strong Buy | |
| DE: | Buy | |
| P/E: | Buy | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | 1/24 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 1.16x |
| Company: PE 11.48 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.57x |
| Company: PE 11.48 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-2.37 (-118.79%) $-15.00 |
| Date: 2024-05-08 |
| Expected Trading Range (DAY) |
|---|
|
$ 12.48 - 12.79 ( +/- 1.23%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-04-22 | Kline John | Sell | 9 | Common Stock |
| 2024-04-22 | Kline John | Sell | 1 229 | Common Stock |
| 2023-11-27 | Corbett Kris | Buy | 0 | |
| 2023-07-27 | Hamwee Robert | Sell | 15 | Common Stock |
| 2023-06-27 | Daniel Barbara | Buy | 0 |
| INSIDER POWER |
|---|
| 99.05 |
| Last 98 transactions |
| Buy: 1 591 508 | Sell: 19 253 |
Forecast:
16:00 - $12.63
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $12.63
Forecast 2: 16:00 - $12.63
Forecast 3: 16:00 - $12.63
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $12.63 (0.00% ) |
| Volume | 0.132 mill |
| Avg. Vol. | 0.462 mill |
| % of Avg. Vol | 28.62 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For NMFC
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:35 | sell | $12.63 | N/A | Active |
|---|
NMFC
New Mountain Finance Corporation (Nasdaq: NMFC), a business development company is a private equity / buyouts and loan fund specializes in directly investing and lending to middle market companies in defensive growth industries. The fund prefers investing in buyout and middle market companies. It also makes investments in debt securities at all levels of the capital structure including first and second lien debt, unsecured notes and mezzanine securities. In some cases, its investments may also include equity interests. It targets energy, specialty chemicals and materials, trading companies and distributors, commercial printing, diversified support services, education services, environmental and facilities services, office services and supplies, media, distributors, health care services, health care facilities, application software, business services, systems software, federal services, distribution and logistics, interactive home entertainment, telecommunication services, hydroelectric power generation, electric power generation by fossil fuels, electric power generation by nuclear fuels, health care technology, and security and alarm services. The fund seeks to invest in United States of America. It seeks to invest between $10 million and $50 million per transaction. The firm invests through both primary originations and open-market secondary purchases. It invests in companies with EBITDA between $10 million and $200 million and target investments up to a $125 million hold size. The fund seeks a majority stake in its portfolio companies.
Latest Press Releases
2024-05-01 17:00:00 - Press Release
New Mountain Finance Corporation Announces Financial Results For The Quarter Ended March 31, 2024
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 ended march 31, 2024. first quarter highlights1 net investment income of $37.3 million, or $0.36 per weighted average share net asset value of $12.77 per share compared to $12.87 per share as of december 31, 2023. the 0.8% decline is driven by stable core credit performance, offset by a decrease in value in one.
2024-04-03 16:05:00 - Press Release
New Mountain Finance Corporation Schedules Its First Quarter 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 ended march 31, 2024 on wednesday, may 1, 2024 after markets close. the company will host an earnings conference call and webcast at 10:00 am eastern time on thursday, may 2, 2024. during the live conference call, the company's officers will review the first quarter performance, discuss recent events and conduct a.
2024-02-26 16:35:00 - Press Release
New Mountain Finance Corporation Announces Financial Results For The Quarter And Year Ended December 31, 2023
New york--(business wire)--new mountain finance corporation (nasdaq: nmfc) (“new mountain,” “nmfc,” “new mountain finance” or the “company”) today announced its financial results for the quarter and year ended december 31, 2023. in line with preliminary estimates reported on january 18, 2024, the company reported fourth quarter net investment income ("nii") of $0.40 per weighted average share and net asset value (“nav”) per share of $12.87, compared to $13.06 on september 30, 2023, a decline of.
2024-01-26 13:27:00 - Press Release
Kbra Assigns Rating To New Mountain Finance Corporation's $300 Million 6.875% Senior Unsecured Notes Due 2029
New york--(business wire)-- #creditratingagency--kbra assigns a bbb- rating to new mountain finance corporation's (nasdaq: nmfc) ("new mountain" or "the company") $300 million 6.875% senior unsecured notes due february 1, 2029. the rating outlook is stable. the proceeds will primarily be used to redeem the $116.5 million of outstanding notes due april 2024 and to paydown a revolving credit facility. key credit considerations the rating and stable outlook are supported by new mountain finance corporation's ties to ne.
2024-01-25 17:47:00 - Press Release
New Mountain Finance Corporation Prices Public Offering Of $300 Million 6.875% Notes Due 2029
New york--(business wire)--new mountain finance corporation (the “company,” “we,” “us” or “our”) (nasdaq: nmfc) today announced that it has priced an underwritten public offering of $300 million in aggregate principal amount of 6.875% unsecured notes due 2029 (the “notes”). the notes will mature on february 1, 2029, and may be redeemed in whole or in part at the company's option at any time prior to january 1, 2029, at par plus a “make-whole” premium, and thereafter at par plus accrued interest.
Latest News
2024-05-01 19:31:08 - Zacks Investment Research
New Mountain Finance (NMFC) Q1 Earnings and Revenues Miss Estimates
New Mountain Finance (NMFC) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.38 per share a year ago.
2024-03-24 09:15:00 - Seeking Alpha
New Mountain Finance: 11% Yielding BDC
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.
2024-02-26 20:26:03 - Zacks Investment Research
New Mountain Finance (NMFC) Beats Q4 Earnings Estimates
New Mountain Finance (NMFC) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.35 per share a year ago.
2024-01-05 16:05:00 - Business Wire
New Mountain Finance Corporation Schedules its Fourth Quarter and Year Ended December 31, 2023 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, 2023 on Monday, February 26, 2024 after markets close. The Company will host an earnings conference call and webcast at 10:00 am Eastern Time on Tuesday, February 27, 2024. During the live conference call, the Company's officers will review the fourth quarter and year ended December 31,.
2023-12-22 22:28:07 - Seeking Alpha
BDC Weekly Review: Is PIK A Cause For Concern?
We take a look at the action in business development companies through the third week of December and highlight some of the key themes we are watching. BDCs had a good week with a total return of around 1.5%, but underperformed the broader income market due to a low duration profile. The presence of PIK loans in BDC portfolios may indicate increased risk, but it's important to analyze the specifics of the PIK population.
2023-12-17 03:38:55 - Seeking Alpha
Preferreds Weekly Review: Rate Rally Shines Light On Call Risk
We take a look at the action in preferreds and baby bonds through the second week of December and highlight some of the key themes we are watching. Preferreds finished lower as Treasury yields slightly backed up, but most sectors remained positive for the month. Investors should consider lower-coupon preferreds to mitigate redemption risk and leave room for a rally if rates continue to decrease.
2023-12-04 16:31:07 - Seeking Alpha
New Exchange Preferred Stock And Traded Debt IPOs, November 2023
2023-11-27 12:27:00 - Market Watch
Business development companies should withstand 2024 economic slowdown, but credit conditions will weaken, Fitch says
Ares Capital Corp. and Sixth Street Specialty Lending Inc. held onto the highest debt ratings among the 21 business development companies covered by Fitch Ratings, amid expectations that the sector will face economic headwinds in 2024, but with no major impact to their balance sheets.
2023-11-03 15:52:09 - Seeking Alpha
New Mountain Finance (NMFC) Q3 2023 Earnings Call Transcript
New Mountain Finance (NASDAQ:NMFC ) Q3 2023 Earnings Conference Call November 3, 2023 11:00 AM ET Company Participants John Kline – President and Chief Executive Officer Steve Klinsky – Chairman Laura Holson – Chief Operating Officer and Interim Chief Financial Officer Conference Call Participants Finian O'Shea – Wells Fargo Bryce Rowe – B. Riley Paul Johnson – KBW Operator Good morning, everyone, and welcome to the New Mountain Finance Corporation's Third Quarter 2023 Earnings Conference Call.
2023-09-27 08:10:00 - Seeking Alpha
10%-Yielding New Mountain Finance: A Solid Bet Amidst Higher Rates
New Mountain Finance has a stable NAV/share and a healthy portfolio, outperforming the S&P 500 in total returns over the past 5 years. NMFC benefits from higher interest rates and has a healthy balance sheet, making it an attractive investment for high income seekers. It pays a well-covered regular dividend with capacity for special dividends, and trades at a discount to NAV.