Welcome to our dedicated page for New Mountain Finance news (Ticker: NMFC), a resource for investors and traders seeking the latest updates and insights on New Mountain Finance stock.
New Mountain Finance Corp (NMFC) provides investors with strategic exposure to debt securities and structured equity investments. This news hub delivers verified updates about the company's financial positioning and market activities.
Access timely press releases covering earnings announcements, regulatory filings, and portfolio adjustments. Our curated collection includes details on debt instrument origination, mezzanine financing developments, and leadership updates directly impacting NMFC's investment strategies.
Key resources include quarterly earnings analyses, SEC Form 10-K/Q filings, and strategic partnership announcements. Bookmark this page for streamlined tracking of NMFC's non-diversified investment activities across first-lien debt positions and private equity exposures.
New Mountain Finance Corporation (NASDAQ: NMFC) has authorized an extension of its stock repurchase program until December 31, 2023, allowing for the repurchase of up to $50 million of common stock. Approximately $2.9 million has been repurchased to date. The board believes that ongoing market volatility may undervalue NMFC's shares, thus the extension provides an opportunity for management to enhance shareholder value through strategic repurchases in response to market conditions.
New Mountain Finance Corporation (NASDAQ: NMFC) reported a net investment income (NII) of $0.32 per share for Q3 2022, marking a slight increase from $0.31 in Q3 2021. The company's net asset value (NAV) decreased to $13.20 per share from $13.42 in Q2 2022. NMFC declared a 7% increase in the fourth-quarter distribution to $0.32 per share, payable on December 30, 2022. Total investment income for Q3 was $78.1 million, compared to $68.1 million in the prior year. The company's portfolio continues to focus on 'defensive growth' industries, with 92% of assets rated as low risk.
New Mountain Finance Corporation (NASDAQ: NMFC) has completed a
New Mountain Finance Corporation (NASDAQ: NMFC) has priced
New Mountain Finance Corporation (NASDAQ: NMFC) will release its financial results for the quarter ended September 30, 2022, on November 8, 2022, after market close. An earnings conference call is scheduled for November 9, 2022, at 10:00 am ET, where the Company will discuss third-quarter performance and recent events. The call is open to participants via dial-in or audio webcast. New Mountain focuses on generating income and capital appreciation through various debt securities, including first and second lien debt.
New Mountain Finance Corporation (NASDAQ: NMFC) will release its financial results for Q3 2022 on November 7, 2022, after market close. An earnings conference call is scheduled for November 8, 2022, at 10:00 AM ET, where company officers will discuss performance, recent events, and hold a Q&A session. New Mountain focuses on generating income and capital appreciation through investments in debt securities and has adopted a business development company structure under the Investment Company Act of 1940.
New Mountain Finance Corporation (NASDAQ: NMFC) reported its financial results for Q2 2022, showing net investment income of $0.31 per share and a slight decline in net asset value (NAV) to $13.42 from $13.56 in the previous quarter. The board declared a third-quarter distribution of $0.30 per share, payable on September 30, 2022. The company had total assets of $3.40 billion and a portfolio valued at $3.32 billion. Despite economic volatility, over 90% of the portfolio received a 'green' risk rating, indicating strong performance expectations.
New Mountain Finance Corporation (NASDAQ: NMFC) is set to release its financial results for the quarter ending June 30, 2022 on August 8, 2022, following the close of U.S. markets. The Company will also announce its third quarter dividend during this time. A conference call will take place on August 9, 2022, at 10:00 AM ET to discuss the second quarter performance and recent events. Investors can access the conference call and subsequent playback via the Company’s website.
New Mountain Finance Corporation (NASDAQ: NMFC) reported first-quarter net investment income of $0.30 per share for the quarter ended March 31, 2022. NAV per share rose to $13.56 from $13.49 at year-end 2021. The board declared a second-quarter distribution of $0.30 per share, payable on June 30, 2022. The investment portfolio was valued at approximately $3.28 billion, with 107 portfolio companies. Despite no new non-accrual placements, $20.5 million was raised via the ATM program, indicating continued confidence in its investment strategy focused on middle-market growth companies.
New Mountain Finance Corporation (NMFC) will release its financial results for Q1 2022 on May 9, 2022, after U.S. market close. It will also announce the second quarter 2022 dividend. An earnings conference call is scheduled for 10:00 am ET on May 10, 2022, where the management will discuss performance and recent events. The call can be accessed via US and international phone numbers and will be available as a webcast on the company's investor relations website.
NMFC is regulated as a business development company, focusing on generating income and capital appreciation through various debt securities.
