Janney initiated coverage of New Mountain Finance with a rating of Buy
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/18/2023 | $13.00 → $11.00 | Overweight → Equal Weight | Wells Fargo |
| 10/14/2022 | $11.50 | Neutral | B. Riley Securities |
| 2/7/2022 | Buy | Janney | |
| 10/25/2021 | $14.00 → $14.25 | Overweight | Wells Fargo |
New Mountain Finance Corporation (NASDAQ:NMFC) ("New Mountain"), the publicly traded credit BDC arm of New Mountain Capital, today announced the appointment of Kris Corbett as Chief Financial Officer, effective November 27, 2023. "We are pleased to welcome Kris Corbett to the New Mountain credit team," said John R. Kline, Chief Executive Officer of New Mountain Finance Corporation. "Kris has deep domain experience in the direct lending industry and extensive experience leading high-performing finance teams. We expect him to be a tremendous asset to our growing platform." "I would like to welcome Kris as the next CFO of NMFC and the leader of our overall finance function within our credi
NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (NASDAQ: NMFC) (“NMFC” or “the Company”) today announced that its board of directors has authorized an extension of a program for the purpose of repurchasing up to $50 million worth of its common stock, to be implemented at the discretion of NMFC’s management team. Under the repurchase program, NMFC may, but is not obligated to, repurchase its outstanding common stock in the open market from time to time provided that NMFC complies with the prohibitions under its Code of Ethics and the guidelines specified in Rule 10b-18 of the Securities Exchange Act of 1934, as amended, including certain price, market volume and timing co
New Mountain Finance (NASDAQ:NMFC) reported quarterly earnings of $0.36 per share which missed the analyst consensus estimate of $0.38 by 5.26 percent. This is a 5.26 percent decrease over earnings of $0.38 per share from the same period last year. The company reported quarterly sales of $90.556 million which beat the analyst consensus estimate of $90.085 million by 0.52 percent. This is a 1.52 percent decrease over sales of $91.953 million the same period last year.
New Mountain Finance (NASDAQ:NMFC) reported its Q4 earnings results on Monday, February 26, 2024 at 04:35 PM. Here's what investors need to know about the announcement. Earnings New Mountain Finance missed estimated earnings by 0.0%, reporting an EPS of $0.4 versus an estimate of $0.4. Revenue was up $18.90 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.0 which was followed by a 1.0% increase in the share price the next day. Here's a look at New Mountain Finance's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.4 0.39 0.36 0.35 EPS Actual 0.4 0.39 0.38 0.35 Revenue Estimate 94.43M 93.58M 86.35
New Mountain Finance (NASDAQ:NMFC) reported quarterly earnings of $0.40 per share which met the analyst consensus estimate. The company reported quarterly sales of $92.80 million which missed the analyst consensus estimate of $93.28 million by 0.51 percent. This is a 25.58 percent increase over sales of $73.90 million the same period last year.
Reports Adjusted Net Investment Income1 of $0.34 per Share Declares a Regular Fourth Quarter Distribution of $0.32 per Share and a Supplemental Distribution of $0.01 per Share New Mountain Finance Corporation (NASDAQ:NMFC) ("New Mountain," "New Mountain Finance" or the "Company") today announced its financial results for the quarter ended September 30, 2024. Third Quarter Highlights2 Adjusted net investment income1 of $36.7 million, or $0.34 per weighted average share Net asset value of $12.62 per share compared to $12.74 per share as of June 30, 2024 Continued strong credit performance with approximately 97.3% of the portfolio rated green on our internal risk rating system, up fro
New Mountain Finance Corporation (NASDAQ:NMFC) ("NMFC" or "the Company") today announced that on October 23, 2024, the Company's board of directors authorized an extension of a previously established stock repurchase program (the "Repurchase Program"). Pursuant to the Repurchase Program, the Company can repurchase up to $50 million worth of its common stock at the discretion of NMFC's management team. The Repurchase Program was set to expire on December 31, 2024, but the Company's board of directors elected to extend the Repurchase Program through December 31, 2025. Under the Repurchase Program, NMFC may, but is not obligated to, repurchase its outstanding common stock in the open market fr
New Mountain Finance Corporation (NASDAQ:NMFC) ("New Mountain" or "the Company") announced today that it will release its financial results for the quarter ended September 30, 2024 on Wednesday October 30, 2024 after markets close. The Company will host an earnings conference call and webcast at 10:00 am Eastern Time on Thursday, October 31, 2024. During the live conference call, the Company's officers will review the third quarter performance, discuss recent events and conduct a question-and-answer session. Third Quarter 2024 Conference Call Information To participate in the live earning conference call, please use the following dial-in numbers or visit the audio webcast link. To avoid an
Wells Fargo downgraded New Mountain Finance from Overweight to Equal Weight and set a new price target of $11.00 from $13.00 previously
B. Riley Securities initiated coverage of New Mountain Finance with a rating of Neutral and set a new price target of $11.50
Janney initiated coverage of New Mountain Finance with a rating of Buy
4 - New Mountain Finance Corp (0001496099) (Issuer)
4 - New Mountain Finance Corp (0001496099) (Issuer)
4 - New Mountain Finance Corp (0001496099) (Issuer)
4 - New Mountain Finance Corp (0001496099) (Issuer)
4 - New Mountain Finance Corp (0001496099) (Issuer)
4 - New Mountain Finance Corp (0001496099) (Issuer)
Reports Adjusted Net Investment Income1 of $0.34 per Share Declares a Regular Fourth Quarter Distribution of $0.32 per Share and a Supplemental Distribution of $0.01 per Share New Mountain Finance Corporation (NASDAQ:NMFC) ("New Mountain," "New Mountain Finance" or the "Company") today announced its financial results for the quarter ended September 30, 2024. Third Quarter Highlights2 Adjusted net investment income1 of $36.7 million, or $0.34 per weighted average share Net asset value of $12.62 per share compared to $12.74 per share as of June 30, 2024 Continued strong credit performance with approximately 97.3% of the portfolio rated green on our internal risk rating system, up fro
New Mountain Finance Corporation (NASDAQ:NMFC) ("New Mountain" or "the Company") announced today that it will release its financial results for the quarter ended September 30, 2024 on Wednesday October 30, 2024 after markets close. The Company will host an earnings conference call and webcast at 10:00 am Eastern Time on Thursday, October 31, 2024. During the live conference call, the Company's officers will review the third quarter performance, discuss recent events and conduct a question-and-answer session. Third Quarter 2024 Conference Call Information To participate in the live earning conference call, please use the following dial-in numbers or visit the audio webcast link. To avoid an
Reports Net Investment Income of $0.36 per Share Declares a Regular Third Quarter Distribution of $0.32 per Share and a Supplemental Distribution of $0.02 per Share New Mountain Finance Corporation (NASDAQ:NMFC) ("New Mountain," "New Mountain Finance" or the "Company") today announced its financial results for the quarter ended June 30, 2024. Second Quarter Highlights1 Net investment income of $38.2 million, or $0.36 per weighted average share Net asset value of $12.74 per share compared to $12.77 per share as of March 31, 2024 Plan to permanently reduce base management fee to 1.25% Amending and extending the dividend protection program Continued strong credit performan
10-Q - New Mountain Finance Corp (0001496099) (Filer)
8-K - New Mountain Finance Corp (0001496099) (Filer)
8-K - New Mountain Finance Corp (0001496099) (Filer)
SC 13G/A - New Mountain Finance Corp (0001496099) (Subject)
SC 13G/A - New Mountain Finance Corp (0001496099) (Subject)
SC 13G/A - New Mountain Finance Corp (0001496099) (Subject)