B. Riley Has Bullish Forecast for NMFC FY2025 Earnings

Key Points

• Analysts at B. Riley have increased their FY2025 EPS estimate for New Mountain Finance from $1.27 to $1.28, maintaining a "Hold" rating on the stock.
• New Mountain Finance reported a quarterly dividend of $0.32 per share, which equates to a 12.7% yield, with the ex-dividend date set for September 16th.
• The company's latest earnings showed an EPS of $0.32, aligning with analysts' expectations, but revenue fell short of predictions at $83.49 million.

New Mountain Finance Corporation (NASDAQ:NMFC - Free Report) - Research analysts at B. Riley raised their FY2025 earnings per share (EPS) estimates for shares of New Mountain Finance in a report issued on Wednesday, August 6th. B. Riley analyst S. Adams now expects that the company will earn $1.28 per share for the year, up from their previous forecast of $1.27. B. Riley currently has a "Hold" rating on the stock. The consensus estimate for New Mountain Finance's current full-year earnings is $1.39 per share. B. Riley also issued estimates for New Mountain Finance's Q1 2026 earnings at $0.32 EPS, Q2 2026 earnings at $0.32 EPS, Q3 2026 earnings at $0.32 EPS, Q4 2026 earnings at $0.32 EPS and FY2026 earnings at $1.28 EPS.

NMFC has been the topic of a number of other reports. Wells Fargo & Company reduced their price objective on shares of New Mountain Finance from $11.00 to $10.00 and set an "equal weight" rating on the stock in a research report on Monday, April 28th. Oppenheimer set a $11.00 price target on shares of New Mountain Finance and gave the company a "market perform" rating in a research note on Wednesday.

New Mountain Finance Stock Performance

NASDAQ NMFC opened at $10.05 on Thursday. The company has a debt-to-equity ratio of 1.35, a quick ratio of 2.22 and a current ratio of 1.42. The business's 50 day moving average price is $10.58 and its 200-day moving average price is $10.76. The company has a market cap of $1.07 billion, a P/E ratio of 13.22 and a beta of 0.82. New Mountain Finance has a fifty-two week low of $8.84 and a fifty-two week high of $12.44.

New Mountain Finance (NASDAQ:NMFC - Get Free Report) last posted its earnings results on Monday, August 4th. The company reported $0.32 EPS for the quarter, hitting analysts' consensus estimates of $0.32. New Mountain Finance had a return on equity of 10.43% and a net margin of 23.27%. The company had revenue of $83.49 million for the quarter, compared to the consensus estimate of $84.57 million. During the same period in the previous year, the business earned $0.36 earnings per share.

New Mountain Finance Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 12.7%. The ex-dividend date of this dividend is Tuesday, September 16th. New Mountain Finance's dividend payout ratio (DPR) is 168.42%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Oppenheimer & Co. Inc. lifted its position in shares of New Mountain Finance by 7.9% during the first quarter. Oppenheimer & Co. Inc. now owns 33,624 shares of the company's stock valued at $371,000 after buying an additional 2,450 shares during the last quarter. ProShare Advisors LLC boosted its holdings in New Mountain Finance by 17.2% in the fourth quarter. ProShare Advisors LLC now owns 18,161 shares of the company's stock worth $204,000 after acquiring an additional 2,664 shares in the last quarter. Squarepoint Ops LLC grew its stake in shares of New Mountain Finance by 179.7% during the fourth quarter. Squarepoint Ops LLC now owns 40,292 shares of the company's stock worth $454,000 after acquiring an additional 25,886 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of New Mountain Finance by 232.7% during the fourth quarter. Jane Street Group LLC now owns 104,285 shares of the company's stock valued at $1,174,000 after acquiring an additional 72,944 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. lifted its stake in shares of New Mountain Finance by 161.2% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 124,989 shares of the company's stock worth $1,407,000 after buying an additional 77,141 shares during the period. 32.08% of the stock is currently owned by hedge funds and other institutional investors.

About New Mountain Finance

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.

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