New Mountain Finance Corporation (NMFC) Given News Impact Score of 0.10

Media headlines about New Mountain Finance Corporation (NYSE:NMFC) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. New Mountain Finance Corporation earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned news stories about the investment management company an impact score of 47.0868085454704 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

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These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:

Running on Empty or is New Mountain Finance Corp (NMFC) Refueling? – Stock Press Daily (stockpressdaily.com)
New Mountain Finance Corp (NMFC) and Forterra Inc (FRTA … – Evergreen Caller (evergreencaller.com)
Gold Standard Ventures Corp (GSV) is at $1.75 per share and New Mountain Finance Corporation (NMFC) is listed at … – Stocks Gallery (stocksgallery.com)
New Mountain Finance Corp (NMFC) Seeing Increased Volatility in Session – FLBC News (flbcnews.com)
Pacira Pharmaceuticals Inc (PCRX) and New Mountain Finance Corp (NMFC) Shares Needle Moving On Volume – FLBC News (flbcnews.com)

A number of equities research analysts have recently weighed in on NMFC shares. Zacks Investment Research lowered shares of New Mountain Finance Corporation from a “hold” rating to a “sell” rating in a report on Friday, May 12th. Keefe, Bruyette & Woods set a $15.00 price objective on shares of New Mountain Finance Corporation and gave the company a “hold” rating in a report on Wednesday, May 31st. Finally, BidaskClub lowered shares of New Mountain Finance Corporation from a “hold” rating to a “sell” rating in a report on Sunday, July 16th.

Shares of New Mountain Finance Corporation (NYSE:NMFC) opened at 14.25 on Friday. The stock has a 50 day moving average of $14.34 and a 200-day moving average of $14.58. New Mountain Finance Corporation has a one year low of $13.05 and a one year high of $15.00.

New Mountain Finance Corporation (NYSE:NMFC) last announced its quarterly earnings results on Tuesday, August 8th. The investment management company reported $0.34 EPS for the quarter, meeting the consensus estimate of $0.34. New Mountain Finance Corporation had a return on equity of 10.15% and a net margin of 65.22%. The company had revenue of $50.02 million for the quarter, compared to the consensus estimate of $47.66 million. Equities research analysts forecast that New Mountain Finance Corporation will post $1.36 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be issued a dividend of $0.34 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.36 annualized dividend and a yield of 9.54%. New Mountain Finance Corporation’s dividend payout ratio (DPR) is presently 86.62%.

In related news, CFO Shiraz Kajee purchased 2,000 shares of the stock in a transaction on Tuesday, June 13th. The shares were bought at an average price of $14.63 per share, for a total transaction of $29,260.00. Following the completion of the acquisition, the chief financial officer now directly owns 2,000 shares in the company, valued at approximately $29,260. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 9.73% of the company’s stock.

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New Mountain Finance Corporation Company Profile

New Mountain Finance Corporation is a closed-end, non-diversified management investment company. The Company’s investment objective is to generate current income and capital appreciation through the sourcing and origination of debt securities at all levels of the capital structure, including first and second lien debt, notes, bonds and mezzanine securities.