NMFC Stock Summary and Trading Ideas (New Mountain Finance | NASDAQ:NMFC)

New Mountain Finance Corp is a closed-end, non-diversified management investment company. It invests in equity interests such as preferred stock, common stock, warrants, or options received in connection with debt investments or may include direct investment in the equity of private companies. The company's investment objective is to generate current income and capital appreciation through sourcing and origination of debt securities at all levels of the capital structure, including first and second-lien debt, notes, bonds and mezzanine securities.

New Mountain Finance trades on the NASDAQ stock market under the symbol NMFC.

As of March 4, 2025, NMFC stock price declined to $11.38 with 528,780 million shares trading.

NMFC has a beta of 0.40, meaning it tends to be less sensitive to market movements. NMFC has a correlation of 0.21 to the broad based SPY ETF.

NMFC has a market cap of $1.23 billion. This is considered a Small Cap stock.

Last quarter New Mountain Finance reported $91 million in Revenue and $.32 earnings per share. This fell short of revenue expectation by $-2 million and missed earnings estimates by -$.01.

In the last 3 years, NMFC traded as high as $14.09 and as low as $10.62.

The top ETF exchange traded funds that NMFC belongs to (by Net Assets): BIZD, KBWD, PBDC, VPC, ISMD.

NMFC has underperformed the market in the last year with a return of -0.4%, while SPY returned +13.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in NMFC shares. However, NMFC has outperformed the market in the last 3 month and 2 week periods, returning -0.6% and -4.6%, while SPY returned -4.2% and -5.4%, respectively. This indicates NMFC has been having a stronger performance recently.

NMFC support price is $11.52 and resistance is $11.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NMFC shares will trade within this expected range on the day.