New Mountain Finance (NASDAQ:NMFC) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Posted by Brian Himes on Nov 3rd, 2026

New Mountain Finance Corporation (NASDAQ:NMFC – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $7.05 and traded as high as $7.16. New Mountain Finance shares last traded at $7.11, with a volume of 885,200 shares traded.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on NMFC shares. Weiss Ratings cut New Mountain Finance from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, October 8th. Keefe, Bruyette & Woods decreased their price objective 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. Finally, Wells Fargo & Company lowered their target price on shares of New Mountain Finance from $8.00 to $7.50 and set an “equal weight” rating on the stock in a research report on Wednesday, August 5th. Four research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, New Mountain Finance has an average rating of “Reduce” and an average target price of $7.67.

View Our Latest Report on NMFC

New Mountain Finance Stock Up 1.1%

The firm has a market capitalization of $671.54 million, a PE ratio of -15.13 and a beta of 0.60. The business’s fifty day moving average price is $7.05 and its 200 day moving average price is $7.66. The company has a quick ratio of 3.66, a current ratio of 3.66 and a debt-to-equity ratio of 1.30.

New Mountain Finance (NASDAQ:NMFC – Get Free Report) last issued its quarterly earnings results on Monday, November 2nd. The company reported $0.26 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.26. The firm had revenue of $60.41 million for the quarter, compared to analysts’ expectations of $61.07 million. New Mountain Finance had a positive return on equity of 10.94% and a negative net margin of 16.78%. The firm’s revenue for the quarter was down 25.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.32 EPS. On average, equities research analysts forecast that New Mountain Finance Corporation will post 1.10 earnings per share for the current fiscal year.

Institutional Investors Weigh In On New Mountain Finance

Large investors have recently modified their holdings of the stock. Corient Private Wealth LP lifted its holdings in shares of New Mountain Finance by 29.2% during the second quarter. Corient Private Wealth LP now owns 1,125,657 shares of the company’s stock worth $8,071,000 after purchasing an additional 254,361 shares during the period. Van ECK Associates Corp increased its stake in New Mountain Finance by 19.4% in 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. Rivernorth Capital Management LLC acquired a new position in New Mountain Finance in the 2nd quarter valued at $1,008,000. GraniteShares Advisors LLC increased its stake in New Mountain Finance by 27.7% in the 3rd quarter. GraniteShares Advisors LLC now owns 387,410 shares of the company’s stock valued at $2,681,000 after buying an additional 84,083 shares during the period. Finally, Integrated Wealth Concepts LLC purchased a new position in New Mountain Finance during the 2nd quarter worth $27,000. Hedge funds and other institutional investors own 32.08% of the company’s stock.

New Mountain Finance Company Profile

(Get Free Report)

New Mountain Finance Corporation (NASDAQ: NMFC) is a business development company that provides financing to middle-market businesses. The company is externally managed by New Mountain Finance Advisers, an affiliate of New Mountain Capital, an investment firm focused on growth-oriented companies in industries such as business services, healthcare, software and technology.

New Mountain Finance primarily invests in debt securities, including first-lien, unitranche, second-lien and unsecured loans.