The golden era for Business Development Companies has started to come to an end. As interest rates remain elevated, some BDCs have seen their portfolio quality take a hit as borrowers feel the weight of a prolonged environmentFinancial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 10 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering strategies to utilize various investment vehicles - seeking ...

New Mountain Finance Corporation (Nasdaq: NMFC ) managed to cover its dividend with net investment income in the third quarter, but nonetheless lowered its supplemental dividend to $0.01 per share and paused its supplemental dividend program that called for the distributionA financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the ...

NEW MOUNTAIN FINANCE | --- | --- | |-------|-------| | | | | | | Important Notices and Safe Harbor Statement This presentation contains forward looking statements, which are not guarantees of future performance, conditions or results, and involve substantial risks and uncertainties, including the current conflict between Russia and Ukraine, conflict in the Middle East, and related changes in base interest rates and significant volatility on our business, portfolio companies, our industry, and the global eco ...

New Mountain Finance Corporation (NASDAQ:NMFC) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants John Kline - President and CEO Steve Klinsky - Chairman and CEO, New Mountain Capital Laura Holson - Chief Operating Officer Kris Corbett - Chief Financial Officer and Treasurer Conference Call Participants Robert Dodd - Raymond James Paul Johnston - KBW Bryce Rowe - B. Riley Operator Good morning. And welcome to the New Mountain Finance Corporation Third Quarter 2024 Earnings C ...

New Mountain Finance (NMFC) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.40 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -2.86%. A quarter ago, it was expected that this business development company would post earnings of $0.36 per share when it actually produced earnings of $0.36, delivering no surprise. Over the last four qua ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ý Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended September 30, 2024 o Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 registrant as specified in its charter, address of principal executive and states or other jurisdictions of incorporation or organization New Mountain Finance Corporation 1633 Broadway, 48th Floor Ne ...

New Mountain Finance Corporation Announces Financial Results for the Quarter Ended September 30, 2024 1 Reports Adjusted Net Investment Income of $0.34 per Share Declares a Regular Fourth Quarter Distribution of $0.32 per Share and a Supplemental Distribution of $0.01 per Share NEW YORK--(BUSINESS WIRE) — October 30, 2024 -- New Mountain Finance Corporation (NASDAQ: NMFC) ("New Mountain," "New Mountain Finance" or the "Company") today announced its financial results for the quarter ended September 30, 2024. ...

Henrik Sorensen New Mountain Finance (NASDAQ:NMFC) is a well-managed business development company that covered its $0.32 per share base dividend with adjusted net investment income in the second quarter. In addition, the business development company paid a $0.02 per share supplemental dividend, which translated into a 94% total dividend pay-out ratio. Furthermore, New Mountain Finance announced that it would lower its base management fee from 1.40% to 1.25% which should yield a higher margin of safety movin ...

New Mountain Finance Corporation (NASDAQ:NMFC) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants John Kline - President, CEO & Director Kris Corbett - CFO & Treasurer Steven Klinsky - Chairman Laura Holson - COO Conference Call Participants Finian O'Shea - Wells Fargo Bryce Rowe - B. Riley Securities Robert Dodd - Raymond James Paul Johnston - KBW Operator Good day, and welcome to the New Mountain Finance Corporation Second Quarter 2024 Earnings Call. [Operator Instructions]. ...

New Mountain Finance (NMFC) came out with quarterly earnings of $0.36 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this business development company would post earnings of $0.39 per share when it actually produced earnings of $0.36, delivering a surprise of -7.69%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Ne ...