B. Riley Equities Analysts Lower Earnings Estimates for NMFC

New Mountain Finance Corporation (NASDAQ:NMFC) – Equities research analysts at B. Riley dropped their Q4 2025 earnings estimates for New Mountain Finance in a research report issued on Wednesday, November 5th. B. Riley analyst S. Adams now anticipates that the company will post earnings per share of $0.30 for the quarter, down from their previous estimate of $0.32. B. Riley has a “Neutral” rating and a $10.00 price target on the stock. The consensus estimate for New Mountain Finance’s current full-year earnings is $1.39 per share.

Several other equities research analysts have also recently issued reports on the stock. New Street Research set a $10.00 price objective on shares of New Mountain Finance in a research report on Friday, October 10th. Keefe, Bruyette & Woods lowered their target price on shares of New Mountain Finance from $11.00 to $10.00 and set a “market perform” rating for the company in a research note on Wednesday. Oppenheimer set a $11.00 target price on shares of New Mountain Finance and gave the stock a “market perform” rating in a research note on Wednesday, August 6th. Zacks Research lowered shares of New Mountain Finance from a “hold” rating to a “strong sell” rating in a research note on Monday, October 13th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of New Mountain Finance in a research note on Wednesday, October 8th. Five equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $10.17.

New Mountain Finance Price Performance

New Mountain Finance stock opened at $9.68 on Thursday. New Mountain Finance has a 12-month low of $8.84 and a 12-month high of $12.05. The stock has a market cap of $1.03 billion, a P/E ratio of 14.89 and a beta of 0.77. The company has a 50-day moving average price of $9.79 and a 200 day moving average price of $10.23. The company has a current ratio of 1.99, a quick ratio of 1.42 and a debt-to-equity ratio of 1.40.

New Mountain Finance (NASDAQ:NMFC) last released its quarterly earnings data on Monday, November 3rd. The company reported $0.32 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.32. New Mountain Finance had a net margin of 20.84% and a return on equity of 10.42%. The firm had revenue of $80.53 million during the quarter, compared to analysts’ expectations of $83.91 million. During the same period last year, the business earned $0.34 earnings per share. New Mountain Finance’s revenue was down 15.5% compared to the same quarter last year.

New Mountain Finance Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Wednesday, December 17th will be paid a $0.32 dividend. The ex-dividend date is Wednesday, December 17th. This represents a $1.28 dividend on an annualized basis and a yield of 13.2%. New Mountain Finance’s payout ratio is currently 168.42%.

Insider Buying and Selling

In other news, Director Steven B. Klinsky purchased 106,691 shares of the firm’s stock in a transaction that occurred on Tuesday, September 16th. The stock was bought at an average price of $9.78 per share, for a total transaction of $1,043,437.98. Following the completion of the purchase, the director directly owned 4,370,857 shares of the company’s stock, valued at $42,746,981.46. The trade was a 2.50% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Adam B. Weinstein purchased 49,750 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The stock was purchased at an average price of $10.03 per share, with a total value of $498,992.50. Following the purchase, the executive vice president directly owned 652,490 shares of the company’s stock, valued at $6,544,474.70. The trade was a 8.25% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 11.71% of the stock is owned by insiders.

Institutional Trading of New Mountain Finance

Several institutional investors have recently modified their holdings of NMFC. MQS Management LLC lifted its position in shares of New Mountain Finance by 325.1% during the 1st quarter. MQS Management LLC now owns 46,305 shares of the company’s stock worth $511,000 after buying an additional 35,411 shares during the last quarter. Prevail Innovative Wealth Advisors LLC lifted its position in shares of New Mountain Finance by 7.8% during the 1st quarter. Prevail Innovative Wealth Advisors LLC now owns 192,281 shares of the company’s stock worth $2,121,000 after buying an additional 13,907 shares during the last quarter. Midwest Professional Planners LTD. lifted its position in shares of New Mountain Finance by 2.5% during the 1st quarter. Midwest Professional Planners LTD. now owns 145,346 shares of the company’s stock worth $1,603,000 after buying an additional 3,513 shares during the last quarter. Muzinich & Co. Inc. lifted its position in shares of New Mountain Finance by 15.5% during the 1st quarter. Muzinich & Co. Inc. now owns 393,136 shares of the company’s stock worth $4,336,000 after buying an additional 52,888 shares during the last quarter. Finally, Denali Advisors LLC lifted its position in shares of New Mountain Finance by 12.2% during the 1st quarter. Denali Advisors LLC now owns 118,966 shares of the company’s stock worth $1,312,000 after buying an additional 12,895 shares during the last quarter. Hedge funds and other institutional investors own 32.08% of the company’s stock.

About New Mountain Finance

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.