B. Riley Expects Higher Earnings for New Mountain Finance

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 increased their FY2025 earnings per share estimates for shares of New Mountain Finance in a report released on Wednesday, August 6th. B. Riley analyst S. Adams now anticipates that the company will post earnings per share of $1.28 for the year, up from their prior 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.

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

NMFC has been the topic of several other reports. Oppenheimer set a $11.00 target price on New Mountain Finance and gave the stock a "market perform" rating in a report on Wednesday, August 6th. Wells Fargo & Company lowered their target price on New Mountain Finance from $11.00 to $10.00 and set an "equal weight" rating for the company in a report on Monday, April 28th.

New Mountain Finance Price Performance

NASDAQ:NMFC traded down $0.04 on Thursday, reaching $10.22. 340,827 shares of the company's stock traded hands, compared to its average volume of 473,786. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 1.35. The stock has a 50-day simple moving average of $10.56 and a 200-day simple moving average of $10.73. The firm has a market cap of $1.09 billion, a PE ratio of 13.43 and a beta of 0.82. New Mountain Finance has a 12 month low of $8.84 and a 12 month high of $12.44.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Merit Financial Group LLC increased its holdings in New Mountain Finance by 0.4% in the 1st quarter. Merit Financial Group LLC now owns 260,572 shares of the company's stock valued at $2,874,000 after purchasing an additional 1,052 shares during the last quarter. Vise Technologies Inc. increased its holdings in New Mountain Finance by 7.2% in the 4th quarter. Vise Technologies Inc. now owns 16,494 shares of the company's stock valued at $186,000 after purchasing an additional 1,110 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of New Mountain Finance by 3.8% in the second quarter. International Assets Investment Management LLC now owns 32,438 shares of the company's stock worth $342,000 after acquiring an additional 1,179 shares in the last quarter. Lido Advisors LLC grew its stake in shares of New Mountain Finance by 2.7% in the fourth quarter. Lido Advisors LLC now owns 45,557 shares of the company's stock worth $513,000 after acquiring an additional 1,199 shares in the last quarter. Finally, Sei Investments Co. grew its stake in shares of New Mountain Finance by 1.3% in the first quarter. Sei Investments Co. now owns 96,603 shares of the company's stock worth $1,082,000 after acquiring an additional 1,254 shares in the last quarter. 32.08% of the stock is owned by hedge funds and other institutional investors.

New Mountain Finance Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th will be paid a $0.32 dividend. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $1.28 dividend on an annualized basis and a yield of 12.5%. New Mountain Finance's dividend payout ratio (DPR) is currently 168.42%.

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.