earnings
confidence high
sentiment neutral
materiality 0.60
NMFC Q3 adjusted NII $0.34/share; NAV dips to $12.62; declares $0.33/sh distribution
New Mountain Finance Corp
2024-Q3 EPS reported
$0.78
- Adjusted NII $36.7M ($0.34/sh) vs $0.40/sh in Q3 2023; GAAP NII $0.33/sh.
- NAV per share $12.62, down from $12.74 at June 30, 2024.
- Declared regular Q4 distribution $0.32/sh plus supplemental $0.01/sh, payable Dec 31.
- Portfolio 97.3% rated green; $146.2M originations, $100.6M repayments.
- Statutory debt/equity 1.26x; upsized credit facility at lower cost.