New Mountain Finance Corp (NMFC): A Case For Going Higher

After Hours

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.

Stocks Info

This NASDAQ-listed company operates within the Asset Management industry segment, falling under the Financial sector. The current market capitalization of New Mountain Finance Corp is $1.29B. A total of 0.23 million shares were traded on the day, compared to an average of 443.39K shares.

In the most recent transaction, KLINSKY STEVEN B bought 72,280 shares of NMFC for 11.28 per share on Dec 17 ’24. After the transaction, the Director now owns 4,285,505 company shares. In a previous transaction on Dec 16 ’24, KLINSKY STEVEN B bought 91,451 shares at 11.74 per share. NMFC shares that Director owns now total 4,237,318.

Among the insiders who bought shares, KLINSKY STEVEN B acquired of 9,051 shares on Dec 13 ’24 at a per-share price of $11.74. This resulted in the Director holding 4,176,351 shares of NMFC after the transaction. In another insider transaction, KLINSKY STEVEN B bought 19,820 shares at $11.74 per share on Dec 11 ’24. Company shares held by the Director now total 4,158,546.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. New Mountain Finance Corp pays an annual dividend of $1.28, resulting in a dividend yield of 10.71%, and it has a price to earnings (P/E) ratio of 11.47. NMFC’s most recent ex-dividend date was 11.55% when it declared a $0.33 quarterly dividend that was paid in cash on 12/17/2024. Previously, the company paid the dividend on 9/16/2024 with an ex-dividend date of 10.35%. The NMFC stock dividend was $0.32 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, NMFC has a high of $12.92 and a low of $10.61.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. Its Book Value Per Share was $12.62, while its Total Shareholder’s Equity was $1.34B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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.

Most Popular

Related Posts