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 Capital has successfully closed its direct lending fund, New Mountain Guardian III, with around
New Mountain Finance Corporation (NMFC) will announce its financial results for Q3 2021 on November 3, 2021, after market close. The announcement will include the declaration of its fourth quarter dividend. This will be followed by a conference call on November 4, 2021, at 10:00 AM ET, where company officers will discuss the performance and address questions. Investors can access the call through the company's website or by telephone.
New Mountain Finance Corporation (NASDAQ: NMFC) reported a net investment income of $0.30 per share for Q2 2021, with a net asset value (NAV) per share at $13.33, up from $12.85 in Q1 2021. The board declared a third quarter distribution of $0.30 per share, payable on September 30, 2021. As of June 30, 2021, total assets reached $3.18 billion, with a statutory debt/equity ratio of 1.19x. The company recorded an investment portfolio fair value of $3.11 billion, with a weighted average yield to maturity of 8.8%.
New Mountain Finance Corporation (Nasdaq: NMFC) plans to release its financial results for Q2 2021 on August 4, 2021, after the market close. The announcement will include the third-quarter dividend details. An earnings conference call will occur on August 5, 2021, at 10:00 am ET, where management will discuss performance and take questions. NMFC operates as a business development company focusing on debt securities across capital structures, seeking to generate income and capital appreciation.
New Mountain Finance Corporation (NASDAQ: NMFC) reported its financial results for Q1 2021, showing a net investment income of $0.30 per share and an increase in NAV to $12.85 from $12.62 at the end of 2020. The Company announced a second quarter distribution of $0.30 per share, payable on June 30, 2021. The portfolio's fair value reached $3.04 billion, while total assets stood at $3.13 billion. The report highlights continued stable credit performance and a commitment to paying dividends over the next seven quarters.
New Mountain Finance Corporation (Nasdaq: NMFC) announced that it will release its financial results for Q1 2021 on May 5, 2021, after U.S. market close. The report will include details on the second quarter 2021 dividend. A conference call is scheduled for May 6, 2021, at 10:00 am ET, where company officers will discuss Q1 performance and recent events. Interested participants can join via a domestic or international phone line. The call will be available via audio webcast on the company's Investor Relations website.
New Mountain Finance Corporation (NASDAQ: NMFC) reported its fourth-quarter financial results for 2020, highlighting a net investment income of $0.30 per share. The company’s net asset value (NAV) rose to $12.62, up from $12.24 in Q3 2020, but down from $13.26 in Q4 2019. NMFC declared a first-quarter distribution of $0.30 per share, set for March 31, 2021. The investment portfolio totaled approximately $2.97 billion at the end of 2020, with a statutory debt/equity ratio of 1.24x. Despite a slight year-over-year decline in total investment income, the company indicates strong credit performance and a stable outlook.
New Mountain Finance Corporation (Nasdaq: NMFC) has successfully closed a $200 million private placement of 3.875% Series 2021A Unsecured Notes due January 29, 2026. The proceeds will be used to redeem existing 5.31% Unsecured Notes due May 2021 and for general corporate purposes. This offering addresses near-term debt maturities and reduces NMFC's overall cost of capital while maintaining a diversified funding profile. Deutsche Bank Securities acted as the exclusive placement agent for this offering.
New Mountain Finance Corporation (Nasdaq: NMFC) announced it will release its financial results for the quarter ended December 31, 2020, on February 24, 2021, after market close. A dividend for Q1 2021 will also be announced. The company will host an earnings conference call on February 25, 2021, at 10:00 am ET, where officers will review performance and hold a Q&A session.
This presentation provides stakeholders with insights into recent developments, reflecting the Company's commitment to transparency and shareholder engagement.
FAQ
What is the current stock price of NEW MOUNTAIN FINANCE CORPORATION (NMFC)?
What is the market cap of NEW MOUNTAIN FINANCE CORPORATION (NMFC)?
What does New Mountain Finance Corporation do?
What types of investments does NMFC make?
What is the main investment objective of NMFC?
How does NMFC choose its investments?
Can individuals invest in NMFC?
What recent achievements has NMFC accomplished?
How does NMFC ensure transparency with shareholders?
What sectors does NMFC focus on for its investments?
Is NMFC a good investment option?
How often does NMFC release updates on its performance?
