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

Company Overview

New Mountain Finance Corp. is a closed-end, externally managed business development company (BDC) that provides customized debt and equity capital solutions to U.S. middle-market companies. As a BDC organized under the Investment Company Act of 1940, New Mountain Finance invests in sponsor-backed and founder-led businesses that span a range of industry sectors, with a focus on companies demonstrating resilient growth and recurring revenue streams.

The company’s investment portfolio typically includes first-lien senior secured loans, second-lien and junior debt instruments, mezzanine financing and equity co-investments. New Mountain Finance seeks to partner with management teams to support acquisitions, refinancings, growth initiatives and recapitalizations. By structuring flexible financing packages, the firm aims to align its returns with the long-term success of its portfolio companies and help them navigate changing market conditions.

Since its initial public offering in February 2011, New Mountain Finance has been externally managed by New Mountain Investment Advisors, an affiliate of New Mountain Capital, a private equity firm founded in 1999. Headquartered in New York City, the company draws on the experience of New Mountain Capital’s investment professionals, who bring expertise in credit analysis, distressed situations and equity structuring. Through its focused approach to middle-market investing, New Mountain Finance seeks to deliver consistent income and capital appreciation for its shareholders while fostering the growth of its portfolio companies.

Key Stats

• Today's Range: $9.91 to $10.26
• 50-Day Range: $9.92 to $10.84
• 52-Week Range: $8.84 to $12.15
• Volume: 2.14 million shs
• Average Volume: 356,082 shs
• Market Capitalization: $1.06 billion
• P/E Ratio: 13.05
• Dividend Yield: 12.90%
• Price Target: $10.60
• Consensus Rating: Reduce

New Mountain Finance Stock Analysis - MarketRank™

New Mountain Finance scored higher than 66% of companies evaluated by MarketBeat, and ranked 541st out of 958 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: 1.8 / 5
• Analyst Rating: Reduce

Consensus Rating

New Mountain Finance has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on no buy ratings, 4 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for New Mountain Finance is close to its current price, suggesting limited near-term upside or downside.

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 13.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.30.

Price to Earnings Ratio vs. Sector

The P/E ratio of New Mountain Finance is 13.05, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 244.64.

Price to Book Value per Share Ratio

New Mountain Finance has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.39% 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 2.7, 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 10.08%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

New Mountain Finance is a leading dividend payer. It pays a dividend yield of 12.23%, 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 168.42%. 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

1.39% 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 2.7, 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 10.08%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.20

News Sentiment

New Mountain Finance has a news sentiment score of 1.20. 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 1.08 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for New Mountain Finance this week, compared to 3 articles on an average week.

Search Interest

10 people have searched for NMFC on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, New Mountain Finance insiders have bought more of their company's stock than they have sold. Specifically, they have bought $7,605.00 in company stock and sold $0.00 in 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 11.9% and is now trading at $9.92.

How were New Mountain Finance's earnings last quarter?

New Mountain Finance Corporation (NASDAQ:NMFC) announced its quarterly earnings results on Monday, August, 4th. The company reported $0.32 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.32. The business had revenue of $83.49 million for the quarter, compared to analysts' expectations of $84.57 million. New Mountain Finance had a net margin of 23.27% and a trailing twelve-month return on equity of 10.43%.
Read the conference call transcript.

Who are New Mountain Finance's major shareholders?

Top institutional shareholders of New Mountain Finance include Cerity Partners LLC (2.60%), JPMorgan Chase & Co. (1.16%), Invesco Ltd. (0.97%) and Dimension Capital Management LLC (0.89%). Insiders that own company stock include Steven B Klinsky, Robert Hamwee, John Kline, David Ogens, James Stone, Rome G Arnold III, Laura Holson Boswerger and Kris Corbett.
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

• Record date for 6/30 Dividend: 6/16/2025
• Ex-Dividend for 6/30 Dividend: 6/16/2025
• Dividend Payable: 6/30/2025
• Last Earnings: 8/04/2025
• Today: 9/15/2025
• Record date for 9/30 Dividend: 9/16/2025
• Ex-Dividend for 9/30 Dividend: 9/16/2025
• Dividend Payable: 9/30/2025
• Next Earnings (Estimated): 10/29/2025
• 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: $10.60
• High Price Target: $11.00
• Low Price Target: $10.00
• Potential Upside/Downside: +6.9%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.76
• Trailing P/E Ratio: 13.05
• Forward P/E Ratio: 7.14
• P/E Growth: N/A
• Net Income: $113.44 million
• Net Margins: 23.27%
• Pretax Margin: 23.18%
• Return on Equity: 10.43%
• Return on Assets: 4.32%

Debt

• Debt-to-Equity Ratio: 1.35
• Current Ratio: 1.42
• Quick Ratio: 1.42

Sales & Book Value

• Annual Sales: $371.67 million
• Price / Sales: 2.84
• Cash Flow: $1.21 per share
• Price / Cash Flow: 8.20
• Book Value: $12.60 per share
• Price / Book: 0.79

Miscellaneous

• Outstanding Shares: 106,360,000
• Free Float: 93,906,000
• Market Cap: $1.06 billion
• Optionable: Optionable
• Beta: 0.80