New Mountain Finance’s (NMFC) Neutral Rating Reiterated at B. Riley

B. Riley reaffirmed their neutral rating on shares of New Mountain Finance (NASDAQ:NMFC) in a research note issued to investors on Wednesday morning,Benzinga reports. The brokerage currently has a $10.00 price objective on the stock, down from their prior price objective of $11.00. B. Riley also issued estimates for New Mountain Finance’s Q4 2025 earnings at $0.30 EPS, FY2025 earnings at $1.26 EPS, Q1 2026 earnings at $0.31 EPS, Q2 2026 earnings at $0.30 EPS, Q3 2026 earnings at $0.30 EPS, Q4 2026 earnings at $0.30 EPS and FY2026 earnings at $1.20 EPS.

A number of other research analysts have also weighed in on NMFC. Keefe, Bruyette & Woods decreased their price target on shares of New Mountain Finance from $11.00 to $10.00 and set a “market perform” rating on the stock in a research note on Wednesday. Bank of America reissued an “underperform” rating and set a $10.00 target price (down previously from $11.75) on shares of New Mountain Finance in a report on Monday, September 15th. Oppenheimer set a $11.00 price target on New Mountain Finance and gave the stock a “market perform” rating in a research note on Wednesday, August 6th. Weiss Ratings reissued a “hold (c-)” rating on shares of New Mountain Finance in a research note on Wednesday, October 8th. Finally, New Street Research set a $10.00 price objective on New Mountain Finance in a report on Friday, October 10th. Five analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $10.17.

New Mountain Finance Price Performance

New Mountain Finance stock opened at $9.62 on Wednesday. The stock has a market capitalization of $992.40 million, a P/E ratio of 14.80 and a beta of 0.77. The company’s fifty day moving average price is $9.75 and its 200 day moving average price is $10.23. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.42 and a current ratio of 1.99. New Mountain Finance has a 1 year low of $8.84 and a 1 year high of $12.05.

New Mountain Finance (NASDAQ:NMFC) last posted its quarterly earnings data on Monday, November 3rd. The company reported $0.32 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.32. The company had revenue of $80.53 million during the quarter, compared to analysts’ expectations of $83.91 million. New Mountain Finance had a net margin of 20.84% and a return on equity of 10.42%. The firm’s revenue for the quarter was down 15.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.34 earnings per share. As a group, equities research analysts anticipate that New Mountain Finance will post 1.39 earnings per share for the current fiscal year.

New Mountain Finance Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 17th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Wednesday, December 17th. This represents a $1.28 dividend on an annualized basis and a yield of 13.3%. New Mountain Finance’s payout ratio is 196.92%.

Insider Buying and Selling at New Mountain Finance

In other news, Director Steven B. Klinsky purchased 106,691 shares of New Mountain Finance stock in a transaction dated Tuesday, September 16th. The shares were purchased at an average price of $9.78 per share, with a total value of $1,043,437.98. Following the transaction, the director owned 4,370,857 shares in the company, valued at $42,746,981.46. This represents a 2.50% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Adam B. Weinstein acquired 49,750 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The stock was acquired at an average price of $10.03 per share, for a total transaction of $498,992.50. Following the completion of the acquisition, the executive vice president directly owned 652,490 shares of the company’s stock, valued at $6,544,474.70. The trade was a 8.25% increase in their position. The disclosure for this purchase is available in the SEC filing. 11.71% of the stock is owned by corporate insiders.

Institutional Trading of New Mountain Finance

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NMFC. MQS Management LLC grew its position in shares of New Mountain Finance by 325.1% during the first quarter. MQS Management LLC now owns 46,305 shares of the company’s stock worth $511,000 after buying an additional 35,411 shares in the last quarter. Prevail Innovative Wealth Advisors LLC lifted its stake in New Mountain Finance by 7.8% in the first quarter. Prevail Innovative Wealth Advisors LLC now owns 192,281 shares of the company’s stock worth $2,121,000 after acquiring an additional 13,907 shares during the last quarter. Midwest Professional Planners LTD. grew its holdings in New Mountain Finance by 2.5% during the 1st quarter. Midwest Professional Planners LTD. now owns 145,346 shares of the company’s stock worth $1,603,000 after acquiring an additional 3,513 shares in the last quarter. Muzinich & Co. Inc. grew its holdings in New Mountain Finance by 15.5% during the 1st quarter. Muzinich & Co. Inc. now owns 393,136 shares of the company’s stock worth $4,336,000 after acquiring an additional 52,888 shares in the last quarter. Finally, Denali Advisors LLC increased its position in shares of New Mountain Finance by 12.2% in the 1st quarter. Denali Advisors LLC now owns 118,966 shares of the company’s stock valued at $1,312,000 after purchasing an additional 12,895 shares during the last quarter. Hedge funds and other institutional investors own 32.08% of the company’s stock.

New Mountain Finance Company Profile

New Mountain Finance Corporation (Nasdaq: NMFC), a business development company is a private equity / buyouts and loan fund specializes in directly investing and lending to middle market companies in defensive growth industries. The fund prefers investing in buyout and middle market companies. It also makes investments in debt securities at all levels of the capital structure including first and second lien debt, unsecured notes, and mezzanine securities.