NMFC
New Mountain Finance Corporation Financial Services - Asset Management Investor Relations →
New Mountain Finance Corporation (NMFC) closed at $7.71 as of 2026-03-20, trading 14.1% below its 200-week moving average of $8.97. This places NMFC in the extreme value zone. The stock moved further from the line this week, up from -15.6% last week. The 14-week RSI sits at 33, indicating neutral momentum.
Trading volume is running at 1.7x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.02 ratio) is neutral — neither side is clearly dominating.
Over the past 726 weeks of data, NMFC has crossed below its 200-week moving average 5 times. On average, these episodes lasted 14 weeks. Historically, investors who bought NMFC at the start of these episodes saw an average one-year return of +43.7%.
With a market cap of $777 million, NMFC is a small-cap stock. The company generates a free cash flow yield of 11.9%, which is notably high. Return on equity stands at 1.3%. The stock trades at 0.7x book value.
This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 14 years, a hypothetical investment of $100 in NMFC would have grown to $258, compared to $593 for the S&P 500. NMFC has returned 7.0% annualized vs 13.6% for the index, underperforming the broader market over this period.
In the past 12 months, corporate insiders have made 12 open-market purchases totaling $14,416,095. Multiple insiders purchased within a 30-day window — a cluster buy pattern that historically signals management confidence in the company's prospects. Notably, these purchases occurred while NMFC is trading below its 200-week moving average — insiders are buying when the market is most pessimistic.
Free cash flow has been growing at a 121.2% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: NMFC vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NMFC Crosses Below the Line?
Across 5 historical episodes, buying NMFC when it crossed below its 200-week moving average produced an average return of +69.0% after 12 months (median +37.0%), compared to +31.7% for the S&P 500 over the same periods. 67% of those episodes were profitable after one year. After 24 months, the average return was +135.5% vs +66.5% for the index.
Each line shows $100 invested at the moment NMFC crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NMFC has crossed below its 200-week MA 5 times with an average 1-year return of +43.7% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 2016 | Feb 2016 | 6 | 6.9% | +44.0% | +107.2% |
| Mar 2020 | Nov 2020 | 35 | 54.8% | +43.4% | +51.6% |
| Mar 2025 | May 2025 | 5 | 8.5% | N/A | -11.4% |
| Sep 2025 | Dec 2025 | 11 | 7.5% | N/A | -13.3% |
| Dec 2025 | Ongoing | 14+ | 18.3% | Ongoing | -7.7% |
| Average | 14 | — | +43.7% | — |
Frequently Asked Questions
Is NMFC below its 200-week moving average?
Yes. As of 2026-03-20, New Mountain Finance Corporation (NMFC) is trading 14.1% below its 200-week moving average of $8.97. The current price is $7.71.
What is NMFC's 200-week moving average price?
New Mountain Finance Corporation's 200-week moving average is $8.97 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when NMFC drops below its 200-week moving average?
NMFC has crossed below its 200-week moving average 5 times in our data. On average, buying at that moment produced a one-year return of +43.7%. These dips have historically been decent entry points. These episodes lasted 14 weeks on average.
Is NMFC a good value right now?
Here's what our data says about NMFC as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 33. Free cash flow yield is 11.9%. Return on equity is 1.3%. Price-to-book is 0.7x. This is not a buy or sell recommendation — always do your own research.
How does NMFC compare to the S&P 500?
Over the past 14 years, $100 invested in NMFC would have grown to $258, compared to $593 for the S&P 500. That's 7.0% annualized vs 13.6% for the index. NMFC has underperformed the broader market over this period.
Does NMFC pay a dividend?
Yes. New Mountain Finance Corporation currently pays a dividend yield of 1660.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20