New Mountain Finance (NMFC) Projected to Post Earnings on Monday

New Mountain Finance (NASDAQ:NMFC - Get Free Report) will likely be announcing its Q1 2025 earnings results after the market closes on Monday, May 5th. Analysts expect New Mountain Finance to post earnings of $0.32 per share and revenue of $86.65 million for the quarter.

New Mountain Finance (NASDAQ:NMFC - Get Free Report) last released its earnings results on Wednesday, February 26th. The company reported $0.32 EPS for the quarter, missing analysts' consensus estimates of $0.33 by ($0.01). New Mountain Finance had a return on equity of 11.25% and a net margin of 30.28%. The business had revenue of $92.89 million during the quarter, compared to the consensus estimate of $93.23 million. On average, analysts expect New Mountain Finance to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

New Mountain Finance Price Performance

Shares of NASDAQ:NMFC traded up $0.18 on Friday, reaching $9.97. 436,205 shares of the company traded hands, compared to its average volume of 470,152. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.23 and a quick ratio of 2.23. New Mountain Finance has a fifty-two week low of $8.84 and a fifty-two week high of $12.78. The stock has a market capitalization of $1.08 billion, a PE ratio of 9.50 and a beta of 0.84. The company's 50 day moving average is $10.50 and its 200-day moving average is $11.15.

New Mountain Finance Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 12.84%. The ex-dividend date was Monday, March 17th. New Mountain Finance's dividend payout ratio is presently 123.08%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on NMFC shares. Wells Fargo & Company reduced their price target on shares of 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 dropped their price target on New Mountain Finance from $12.00 to $11.00 and set a "market perform" rating on the stock in a research report on Tuesday, April 8th.

Insider Activity at New Mountain Finance

In related news, Director David Ogens bought 5,000 shares of the firm's stock in a transaction on Tuesday, March 4th. The stock was purchased at an average price of $11.44 per share, with a total value of $57,200.00. Following the completion of the transaction, the director now directly owns 179,020 shares of the company's stock, valued at $2,047,988.80. This trade represents a 2.87 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 11.71% of the stock is owned by company insiders.

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.