New Mountain Finance Corporation (NASDAQ:NMFC) Given Consensus Recommendation of “Reduce” by Brokerages

Posted by Brian Himes on Sep 18th, 2026

New Mountain Finance Corporation (NASDAQ:NMFC – Get Free Report) has been given a consensus recommendation of “Reduce” by the five brokerages that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating and four have issued a hold rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $8.25.

A number of equities research analysts have weighed in on the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of New Mountain Finance in a report on Thursday, August 13th. Wells Fargo & Company cut their target price on New Mountain Finance from $8.00 to $7.50 and set an “equal weight” rating for the company in a research note on Wednesday, August 5th. Finally, Keefe, Bruyette & Woods reduced their price target on New Mountain Finance from $9.00 to $8.00 and set a “market perform” rating for the company in a report on Monday, July 20th.

View Our Latest Stock Report on NMFC

Hedge Funds Weigh In On New Mountain Finance

Several hedge funds have recently added to or reduced their stakes in the business. LSV Asset Management raised its stake in New Mountain Finance by 13.4% during the fourth quarter. LSV Asset Management now owns 2,986,718 shares of the company’s stock worth $27,508,000 after purchasing an additional 353,062 shares during the period. Van ECK Associates Corp grew its stake in shares of New Mountain Finance by 19.4% during the 2nd quarter. Van ECK Associates Corp now owns 2,145,047 shares of the company’s stock valued at $15,380,000 after buying an additional 348,872 shares during the period. Corient Private Wealth LP increased its holdings in shares of New Mountain Finance by 29.2% during the 2nd quarter. Corient Private Wealth LP now owns 1,125,657 shares of the company’s stock worth $8,071,000 after buying an additional 254,361 shares during the last quarter. Corient Private Wealth LLC acquired a new stake in shares of New Mountain Finance during the 4th quarter worth $7,450,000. Finally, Legal & General Group Plc raised its position in shares of New Mountain Finance by 13.5% in the 4th quarter. Legal & General Group Plc now owns 742,423 shares of the company’s stock worth $6,827,000 after buying an additional 88,441 shares during the period. 32.08% of the stock is currently owned by hedge funds and other institutional investors.

New Mountain Finance Price Performance

Shares of NASDAQ NMFC opened at $7.13 on Friday. The stock has a market cap of $673.44 million, a P/E ratio of -15.17 and a beta of 0.57. New Mountain Finance has a twelve month low of $6.73 and a twelve month high of $9.98. The stock has a 50 day moving average of $7.32 and a two-hundred day moving average of $7.66. The company has a current ratio of 3.66, a quick ratio of 3.66 and a debt-to-equity ratio of 1.30.

New Mountain Finance (NASDAQ:NMFC – Get Free Report) last announced its earnings results on Monday, August 3rd. The company reported $0.26 EPS for the quarter, meeting analysts’ consensus estimates of $0.26. New Mountain Finance had a negative net margin of 16.78% and a positive return on equity of 10.94%. The business had revenue of $39.02 million during the quarter, compared to analysts’ expectations of $62.78 million. During the same period in the prior year, the company earned $0.32 earnings per share. On average, research analysts forecast that New Mountain Finance will post 1.1 earnings per share for the current year.

New Mountain Finance Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be issued a $0.25 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 14.0%. New Mountain Finance’s dividend payout ratio is currently -212.77%.

About New Mountain Finance

(Get Free Report)

New Mountain Finance Corporation (NASDAQ: NMFC) is a business development company that provides financing to middle-market businesses. The company invests primarily in debt securities, including senior secured loans, unitranche loans and subordinated debt, and may also make equity investments. Its investments are generally structured to support acquisitions, recapitalizations, refinancings, growth initiatives and other corporate activities.

New Mountain Finance focuses on companies operating in defensive growth industries, such as business services, healthcare, software and technology, and other sectors it believes have resilient demand and favorable long-term trends.