Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $14.53 USD
Change Today -0.07 / -0.48%
Volume 300.3K
NMFC On Other Exchanges
Symbol
Exchange
New York
As of 6:40 PM 04/1/15 All times are local (Market data is delayed by at least 15 minutes).

new mountain finance corp (NMFC) Snapshot

Open
$14.60
Previous Close
$14.60
Day High
$14.66
Day Low
$14.45
52 Week High
09/4/14 - $15.50
52 Week Low
05/9/14 - $13.75
Market Cap
847.8M
Average Volume 10 Days
320.5K
EPS TTM
$1.47
Shares Outstanding
58.0M
EX-Date
03/13/15
P/E TM
9.9x
Dividend
$1.36
Dividend Yield
10.19%
Current Stock Chart for NEW MOUNTAIN FINANCE CORP (NMFC)

Related News

No related news articles were found.

new mountain finance corp (NMFC) Related Businessweek News

No Related Businessweek News Found

new mountain finance corp (NMFC) Details

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.

new mountain finance corp (NMFC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: --
Chief Financial Officer and Treasurer
Total Annual Compensation: --
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: --
Chief Administrative Officer, Executive Vice ...
Total Annual Compensation: --
Managing Director, Chief Compliance Officer, ...
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

new mountain finance corp (NMFC) Key Developments

New Mountain Finance Corporation Declares Dividend for the First Quarter 2015, Payable on March 31, 2015; Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

New Mountain Finance Corporation announced that its board of directors declared a first quarter 2015 dividend of $0.34 per share, which will be payable on March 31, 2015 to holders of record as of March 17, 2015. The company reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported adjusted net investment income of the company of $0.34 per weighted average share. Interest income was $34.0 million, total investment income was $36.7 million, net investment income before income taxes was $19.4 million, and net investment income was $19.2 million. The company’s total adjusted investment income and the predecessor operating company’s pro-forma adjusted investment income for the three months ended December 31, 2014 and 2013 were approximately $36.7 million and $28.3 million, respectively. For the year ended December 31, 2014, the company reported pro-forma adjusted net investment income per weighted average share was $1.41. Interest income was $125.5 million, total investment income was $135.2 million, net investment income before income taxes was $73.6 million, and net investment income was $73.1 million. The company’s and the predecessor operating company’s total pro-forma adjusted investment income for the years ended December 31, 2014 and 2013 was approximately $135.2 million and $109.1 million, respectively. At December 31, 2014, net asset value per share was $13.83, a decrease of $0.50 from September 30, 2014, or a decrease of $0.55 from December 31, 2013.

New Mountain Finance Corporation to Report Q4, 2014 Results on Mar 02, 2015

New Mountain Finance Corporation announced that they will report Q4, 2014 results at 5:00 PM, Eastern Standard Time on Mar 02, 2015

New Mountain Finance Corporation, Q4 2014 Earnings Call, Mar 03, 2015

New Mountain Finance Corporation, Q4 2014 Earnings Call, Mar 03, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NMFC:US $14.53 USD -0.07

NMFC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for NMFC.
View Industry Companies
 

Industry Analysis

NMFC

Industry Average

Valuation NMFC Industry Range
No financial data is available for NMFC.
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NEW MOUNTAIN FINANCE CORP, please visit www.newmountainfinance.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.