New Mountain Finance (NASDAQ:NMFC – Get Rating) had its objective value lowered by Hovde Group to $12.50 in a evaluation observe issued to patrons on Wednesday, Stock Purpose Advisor experiences.
New Mountain Finance Stock Effectivity
NASDAQ NMFC opened at $11.95 on Wednesday. The enterprise’s 50-day shifting widespread value is $12.90 and its 200 day shifting widespread value is $12.53. New Mountain Finance has a twelve month low of $11.09 and a twelve month extreme of $14.11. The company has a market capitalization of $1.20 billion, a PE ratio of 9.88 and a beta of 1.17. The company has a gift ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 1.46.
New Mountain Finance (NASDAQ:NMFC – Get Rating) remaining launched its quarterly earnings outcomes on Monday, August eighth. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.30 by $0.01. The company had revenue of $73.11 million via the quarter, compared with analyst estimates of $70.64 million. New Mountain Finance had a return on equity of 9.15% and an internet margin of 45.29%. On widespread, evaluation analysts predict that New Mountain Finance will submit 1.23 earnings per share for the current 12 months.
New Mountain Finance Dividend Announcement
The company moreover simply currently declared a quarterly dividend, which was paid on Friday, September thirtieth. Shareholders of file on Friday, September sixteenth have been paid a dividend of $0.30 per share. The ex-dividend date was Thursday, September fifteenth. This represents a $1.20 annualized dividend and a yield of 10.04%. New Mountain Finance’s dividend payout ratio is presently 99.17%.
Institutional Merchants Weigh In On New Mountain Finance
Institutional patrons and hedge funds have simply currently added to or lowered their stakes inside the agency. Lazard Asset Administration LLC acquired a model new stake in New Mountain Finance via the primary quarter worth about $29,000. Cornerstone Advisory LLC acquired a model new stake in shares of New Mountain Finance inside the fourth quarter valued at about $40,000. ACG Wealth acquired a model new stake in shares of New Mountain Finance inside the second quarter valued at about $39,000. Point72 Hong Kong Ltd acquired a model new stake in shares of New Mountain Finance inside the second quarter valued at about $49,000. Lastly, BNP Paribas Arbitrage SA acquired a model new stake in shares of New Mountain Finance inside the first quarter valued at about $74,000. 31.74% of the stock is presently owned by institutional patrons and hedge funds.
About New Mountain Finance
(Get Rating)
New Mountain Finance Firm (Nasdaq: NMFC), a enterprise progress agency is a private equity / buyouts and mortgage fund specializing in immediately investing and lending to heart market firms in defensive growth industries. The fund prefers investing in buyout and heart market firms. It moreover makes investments in debt securities the least bit ranges of the capital development along with first and second lien debt, unsecured notes and mezzanine securities.
Featured Articles
Acquire Data & Scores for New Mountain Finance Every day – Enter your e mail deal with below to acquire a concise every day summary of the newest info and analysts’ rankings for New Mountain Finance and related firms with MarketBeat.com’s FREE every day e mail publication.