New Mountain Finance (NMFC) Stock Price, News & Analysis

Company Overview

New Mountain Finance Corporation (NASDAQ: NMFC) is a closed-end, non-diversified management investment company that provides financing solutions to lower middle-market companies primarily in the United States. As a business development company (BDC), it focuses on delivering customized debt and equity capital to support growth initiatives, acquisitions, refinancings, and recapitalizations. New Mountain Finance’s investment strategy emphasizes resilient growth companies with stable cash flows and attractive risk-adjusted return profiles.

The firm’s core investment activities include senior secured first-lien loans, unitranche financing structures, mezzanine debt, second-lien facilities and occasional equity co-investments. These instruments are tailored to meet the specific needs of portfolio companies, enabling management teams to execute expansion plans or strengthen their balance sheets. Target sectors typically encompass business services, healthcare, software and technology-enabled solutions, specialty manufacturing and other niche industries where market fragmentation or growth trends offer compelling opportunities.

New Mountain Finance is externally managed by New Mountain Finance Advisors LLC, an affiliate of New Mountain Capital, a private equity firm founded in 1999 with a track record of capital preservation and long-term value creation. The BDC leverages the firm’s proprietary market intelligence, rigorous due diligence framework and active portfolio monitoring to seek downside protection and consistent income generation. Its investment professionals maintain close collaboration with company management teams to drive operational improvements and strategic initiatives.

Since its initial public offering in 2014, New Mountain Finance has built a diversified portfolio of middle-market borrowers across various industries and geographies within North America. The company’s leadership team is headed by Chief Executive Officer Anthony Maris, supported by senior investment professionals with deep backgrounds in private credit, corporate finance and risk management. Through a disciplined approach and experienced stewardship, New Mountain Finance aims to deliver steady returns for shareholders while supporting the long-term growth of its portfolio companies.

Key Stats

• Today's Range: $10.70 to $10.84
• 50-Day Range: $9.76 to $10.84
• 52-Week Range: $8.84 to $12.55
• Volume: 318,110 shs
• Average Volume: 471,052 shs
• Market Capitalization: $1.16 billion
• P/E Ratio: 10.78
• Dividend Yield: 11.87%
• Price Target: $10.67
• Consensus Rating: Hold

New Mountain Finance Stock Analysis - MarketRank™

New Mountain Finance scored higher than 42% of companies evaluated by MarketBeat, and ranked 685th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

New Mountain Finance has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

New Mountain Finance has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -5.76%

Earnings Growth

Earnings for New Mountain Finance are expected to decrease by -5.76% in the coming year, from $1.39 to $1.31 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of New Mountain Finance is 10.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.92.

Price to Earnings Ratio vs. Sector

The P/E ratio of New Mountain Finance is 10.78, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.04.

Price to Book Value per Share Ratio

New Mountain Finance has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.84% of the float of New Mountain Finance has been sold short.

Short Interest Ratio / Days to Cover

New Mountain Finance has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in New Mountain Finance has recently decreased by 4.67%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

New Mountain Finance is a leading dividend payer. It pays a dividend yield of 11.92%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

New Mountain Finance does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of New Mountain Finance is 128.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, New Mountain Finance will have a dividend payout ratio of 97.71% in the coming year. This indicates that New Mountain Finance may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.84% of the float of New Mountain Finance has been sold short.

Short Interest Ratio / Days to Cover

New Mountain Finance has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in New Mountain Finance has recently decreased by 4.67%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 1.42

News Sentiment

New Mountain Finance has a news sentiment score of 1.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.95 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for New Mountain Finance this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for NMFC on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

7 people have added New Mountain Finance to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, New Mountain Finance insiders have not sold or bought any company stock.

Percentage Held by Insiders

11.71% of the stock of New Mountain Finance is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 32.08% of the stock of New Mountain Finance is held by institutions.

NMFC Stock Analysis - Frequently Asked Questions

How have NMFC shares performed this year?

New Mountain Finance's stock was trading at $11.26 on January 1st, 2025. Since then, NMFC shares have decreased by 4.3% and is now trading at $10.78.

How were New Mountain Finance's earnings last quarter?

New Mountain Finance Corporation (NASDAQ:NMFC) released its quarterly earnings results on Monday, May, 5th. The company reported $0.32 EPS for the quarter, hitting analysts' consensus estimates of $0.32. New Mountain Finance's revenue for the quarter was down 5.4% on a year-over-year basis.
Read the conference call transcript.

Who are New Mountain Finance's major shareholders?

Top institutional shareholders of New Mountain Finance include Confluence Investment Management LLC (0.34%), Farther Finance Advisors LLC (0.04%) and Key Client Fiduciary Advisors LLC (0.04%). Insiders that own company stock include Steven B Klinsky, Robert Hamwee, John Kline, David Ogens, James Stone, Rome G Arnold III and Laura Holson Boswerger.
View institutional ownership trends.

How do I buy shares of New Mountain Finance?

Shares of NMFC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of New Mountain Finance own?

Based on aggregate information from My MarketBeat watchlists, some other companies that New Mountain Finance investors own include Enterprise Products Partners (EPD), Energy Transfer (ET), AT&T (T), Ares Capital (ARCC), Hercules Capital (HTGC), Annaly Capital Management (NLY) and Prospect Capital (PSEC).

Company Calendar

• Last Earnings: 5/05/2025
• Record date for 6/30 Dividend: 6/16/2025
• Ex-Dividend for 6/30 Dividend: 6/16/2025
• Dividend Payable: 6/30/2025
• Today: 7/12/2025
• Next Earnings (Estimated): 8/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: FIN - SBIC&COMMRL
• Sub-Industry: Financial Services
• Current Symbol: NASDAQ:NMFC
• CIK: 1496099
• Web: www.newmountainfinance.com
• Phone: (212) 720-0300
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for New Mountain Finance: $10.67
• High Price Target: $11.00
• Low Price Target: $10.00
• Potential Upside/Downside: -1.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.00
• Trailing P/E Ratio: 10.78
• Forward P/E Ratio: 7.76
• P/E Growth: N/A
• Net Income: $113.44 million
• Net Margins: 29.84%
• Pretax Margin: 29.88%
• Return on Equity: 10.57%
• Return on Assets: 4.35%

Debt

• Debt-to-Equity Ratio: 1.32
• Current Ratio: 2.22
• Quick Ratio: 2.22

Sales & Book Value

• Annual Sales: $371.67 million
• Price / Sales: 3.13
• Cash Flow: $1.28 per share
• Price / Cash Flow: 8.42
• Book Value: $12.60 per share
• Price / Book: 0.86

Miscellaneous

• Outstanding Shares: 107,850,000
• Free Float: 95,222,000
• Market Cap: $1.16 billion
• Optionable: Optionable
• Beta: 0.80