New Mountain Finance Corp (NASDAQ: NMFC): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

NMFC belongs to the Financial sector of the NASDAQ while operating in the Asset Management industry. The current market capitalization of New Mountain Finance Corp is $1.23B. A total of 1.27 million shares were traded on the day, compared to an average of 369.07K shares.

In the most recent transaction, Corbett Kris bought 6,500 shares of NMFC for 11.72 per share on Aug 05 ’24. After the transaction, the CFO and Treasurer now owns 6,500 company shares. In a previous transaction on Jun 07 ’24, Ogens David bought 3,500 shares at 12.62 per share. NMFC shares that Director owns now total 166,391.

Among the insiders who sold shares, Kline John disposed of 1,238 shares on Apr 22 ’24 at a per-share price of $12.55. This resulted in the CEO, President, and Director holding 254,610 shares of NMFC after the transaction.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. New Mountain Finance Corp pays an annual dividend of $1.27, resulting in a dividend yield of 11.15%, and it has a price to earnings (P/E) ratio of 10.49. NMFC’s most recent ex-dividend date was 9/16/2024 when it declared a $0.32 quarterly dividend that was paid in cash on 9/30/2024. Previously, the company paid the dividend on 6/28/2024 with an ex-dividend date of 6/14/2024. The NMFC stock dividend was $0.32 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, NMFC has a high of $13.02 and a low of $11.31.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. Its Book Value Per Share was $12.74, while its Total Shareholder’s Equity was $1.34B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NMFC is Buy with a score of 3.86.

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