Welcome to our dedicated page for NEW MOUNTAIN FINANCE CORPORATION news (Ticker: NMFC), a resource for investors and traders seeking the latest updates and insights on NEW MOUNTAIN FINANCE CORPORATION stock.
New Mountain Finance Corporation (NMFC) is a closed-end, non-diversified management investment company dedicated to generating current income and capital appreciation. The company achieves this through strategic investments in debt and equity securities. NMFC primarily focuses on sourcing and originating debt securities across the capital structure, including first and second-lien debt, notes, bonds, and mezzanine securities.
NMFC invests in a variety of equity interests such as preferred stock, common stock, warrants, or options, often acquired in conjunction with debt investments or through direct investment in the equity of private companies. This approach allows NMFC to diversify its portfolio and leverage various opportunities to enhance returns.
The firm is known for its disciplined investment strategy, robust risk management practices, and a strong track record of delivering value to its shareholders. NMFC's portfolio is characterized by high-quality assets and a meticulous selection process aimed at minimizing risk while maximizing returns.
Recent achievements for New Mountain Finance Corporation include successful debt placements and strategic partnerships that have fortified its market position. The company continues to explore new investment opportunities, providing updates on financial performance and projects through regular reports and communications.
Investors in NMFC can expect a well-rounded investment approach, combining income generation with the potential for capital gains. The company's commitment to transparency and shareholder value underscores its operations, making it a significant player in the investment management sector.
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.
New Mountain Finance Corporation (NASDAQ: NMFC) reported its financial results for Q4 and the fiscal year ended December 31, 2021. The company achieved a net investment income of $0.31 per share. By year's end, the net asset value (NAV) per share rose to $13.49, an increase from $13.26 in Q3 2021 and $12.62 in Q4 2020. NMFC announced a first quarter distribution of $0.30 per share, payable March 31, 2022. The company’s investment portfolio was valued at approximately $3.2 billion. Management noted a stable credit performance with minimal portfolio companies in non-accrual status.
New Mountain Finance Corporation (NASDAQ: NMFC) will release its financial results for Q4 2021 on February 28, 2022, after market close. It will also announce its first quarter 2022 dividend. An earnings conference call is scheduled for March 1, 2022, at 10:00 am ET, where company officers will review quarterly performance and recent events. Investors can participate via telephone or through a webcast on the company’s website.
As a regulated business development company, NMFC focuses on generating current income and capital appreciation through debt securities.
New Mountain Finance Corporation (NASDAQ: NMFC) has authorized a $50 million extension of its share repurchase program to counter market volatility potentially undervaluing its stock. The program allows repurchases subject to market conditions and compliance with regulations. Approximately $2.9 million of shares have been repurchased to date. The company aims to capitalize on favorable conditions while adhering to strict investment guidelines under the Investment Company Act of 1940.
New Mountain Finance Corporation (NASDAQ: NMFC) reported a net investment income of $0.31 per share for Q3 2021, exceeding prior guidance. The company's net asset value per share was $13.26, slightly down from $13.33 in Q2 2021. A fourth quarter distribution of $0.30 per share was declared, payable on December 30, 2021. The company also announced a decrease in the base management fee from 1.75% to 1.40%, enhancing shareholder value. With a total investment income of $68.2 million, NMFC plans to continue its focus on defensive growth companies.
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