MidCap Financial Investment (MFIC) vs New Mountain Finance (NMFC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
New Mountain Finance (NMFC) has outperformed MidCap Financial Investment (MFIC) over the past year, losing 26.4% versus a loss of 27.2%. Over five years, MFIC leads with a -36.3% price change compared with -50.1% for NMFC. MidCap Financial Investment is the larger company by market cap ($702.6 million vs $643.2 million), about 1.1 times the size.
On valuation, New Mountain Finance trades at a lower forward P/E (6.5x vs 6.8x for MidCap Financial Investment). New Mountain Finance offers the higher dividend yield (17.77% vs 16.18%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MFIC | NMFC |
|---|---|---|
| Share price | $8.53 | $6.81 |
| Market cap | $702.64M | $643.22M |
| 1-day change | +1.07% | +1.04% |
| YTD return | -25.44% | -26.06% |
| 1-year return | -27.22% | -26.38% |
| 5-year return | -36.30% | -50.07% |
| Forward P/E | 6.84 | 6.49 |
| EPS (TTM) | $-0.35 | $-0.48 |
| Dividend yield | 16.18% | 17.77% |
| Annual dividend | $1.38 | $1.21 |
| 52-week high | $12.50 | $9.84 |
| 52-week low | $8.31 | $6.69 |
| Distance from 52-week high | -31.76% | -30.79% |
| Analyst consensus | none | none |
| Avg. price target upside | +22.04% | +21.73% |
| Average volume | 558.94K | 522.85K |
| Shares outstanding | 82.37M | 94.45M |
| Sector | Finance | Financial Services |
| Industry | Finance/Investors Services | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- New Mountain Finance offers a meaningfully higher dividend yield (17.77% vs 16.18%).
- The two companies sit in different sectors: MidCap Financial Investment in Finance and New Mountain Finance in Financial Services.
About MidCap Financial Investment
MFIC stock →MidCap Financial Investment Corporation is a Private Debt, business development company and a closed-end, externally managed, non-diversified management investment company. It is elected to be treated as a business development company (BDC) under the Investment Company Act of 1940 (the 1940 Act) specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market companies.
Finance · Finance/Investors Services
About New Mountain Finance
NMFC stock →New Mountain Finance Corporation (Nasdaq: NMFC), a business development company, is a private equity/buyouts and loan fund that specializes in directly investing and lending to middle market companies in defensive growth industries. The fund prefers investing in buyout and middle market companies.
Financial Services · Asset Management
MFIC vs NMFC FAQ
Which is bigger, MidCap Financial Investment or New Mountain Finance?
MidCap Financial Investment (MFIC) is larger, with a market capitalization of $702.64M compared with $643.22M for New Mountain Finance (NMFC).
Which stock has performed better over the past year, MFIC or NMFC?
NMFC returned -26.38% over the past 12 months, compared with -27.22% for MFIC (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, MidCap Financial Investment or New Mountain Finance?
New Mountain Finance has the higher yield at 17.77%, compared with 16.18% for MidCap Financial Investment.
Are MidCap Financial Investment and New Mountain Finance in the same industry?
No. MidCap Financial Investment is in the Finance sector, while New Mountain Finance is in Financial Services.