New Mountain Finance (NASDAQ:NMFC) Stock Rating Upgraded by B. Riley

New Mountain Finance (NASDAQ:NMFC - Get Free Report) was upgraded by investment analysts at B. Riley to a "hold" rating in a report released on Monday, May 12th,Zacks.com reports. B. Riley also issued estimates for New Mountain Finance's Q2 2025 earnings at $0.32 EPS, Q3 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.32 EPS, FY2025 earnings at $1.27 EPS, Q1 2026 earnings at $0.31 EPS, Q2 2026 earnings at $0.31 EPS, Q3 2026 earnings at $0.31 EPS, Q4 2026 earnings at $0.31 EPS and FY2026 earnings at $1.25 EPS.

A number of other equities analysts have also weighed in on NMFC. Wells Fargo & Company decreased their price target on New Mountain Finance from $11.00 to $10.00 and set an "equal weight" rating for the company in a research report on Monday, April 28th. Keefe, Bruyette & Woods reduced their price objective on shares of New Mountain Finance from $12.00 to $11.00 and set a "market perform" rating for the company in a research note on Tuesday, April 8th.

New Mountain Finance Price Performance

NASDAQ:NMFC traded up $0.02 during trading hours on Monday, reaching $10.86. 82,675 shares of the company's stock were exchanged, compared to its average volume of 471,179. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 1.46. The company has a market capitalization of $1.17 billion, a P/E ratio of 10.33 and a beta of 0.85. New Mountain Finance has a 12 month low of $8.84 and a 12 month high of $12.65. The business's 50-day simple moving average is $10.30 and its two-hundred day simple moving average is $11.07.

New Mountain Finance (NASDAQ:NMFC - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The company reported $0.32 EPS for the quarter, meeting analysts' consensus estimates of $0.32. The company had revenue of $85.66 million during the quarter, compared to the consensus estimate of $86.65 million. New Mountain Finance had a return on equity of 11.25% and a net margin of 30.28%. The company's quarterly revenue was down 5.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.36 EPS. Sell-side analysts expect that New Mountain Finance will post 1.39 EPS for the current fiscal year.

Insider Transactions at New Mountain Finance

In other New Mountain Finance news, Director David Ogens purchased 5,000 shares of the company's stock in a transaction that occurred on Tuesday, March 4th. The shares were purchased at an average cost of $11.44 per share, with a total value of $57,200.00. Following the completion of the transaction, the director now owns 179,020 shares of the company's stock, valued at approximately $2,047,988.80. This represents a 2.87% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 11.71% of the stock is currently owned by insiders.

Hedge Funds Weigh In On New Mountain Finance

A number of large investors have recently made changes to their positions in the business. LSV Asset Management boosted its holdings in shares of New Mountain Finance by 14.3% during the first quarter. LSV Asset Management now owns 2,764,111 shares of the company's stock worth $30,488,000 after purchasing an additional 346,508 shares during the period. Van ECK Associates Corp lifted its position in New Mountain Finance by 4.1% in the 4th quarter. Van ECK Associates Corp now owns 2,342,650 shares of the company's stock worth $26,378,000 after buying an additional 93,329 shares in the last quarter. Invesco Ltd. boosted its stake in shares of New Mountain Finance by 10.7% during the 1st quarter. Invesco Ltd. now owns 1,091,476 shares of the company's stock valued at $12,039,000 after buying an additional 105,559 shares during the period. Millennium Management LLC grew its holdings in shares of New Mountain Finance by 36.9% during the 1st quarter. Millennium Management LLC now owns 711,050 shares of the company's stock valued at $7,843,000 after acquiring an additional 191,518 shares in the last quarter. Finally, Ares Management LLC grew its holdings in shares of New Mountain Finance by 15.2% during the 4th quarter. Ares Management LLC now owns 566,186 shares of the company's stock valued at $6,375,000 after acquiring an additional 74,492 shares in the last quarter. Institutional investors and hedge funds 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.