New Mountain Finance (NASDAQ:NMFC) Price Target Cut to $8.00 by Analysts at Wells Fargo & Company

New Mountain Finance (NASDAQ:NMFC) had its price target trimmed by Wells Fargo & Company from $10.00 to $8.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

A number of other research firms have also recently issued reports on NMFC. Weiss Ratings restated a “hold (c-)” rating on shares of New Mountain Finance in a report on Thursday, January 22nd. Keefe, Bruyette & Woods dropped their target price on shares of New Mountain Finance from $11.00 to $10.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 5th. Zacks Research upgraded shares of New Mountain Finance from a “strong sell” rating to a “hold” rating in a report on Monday, November 24th. Finally, B. Riley Financial reiterated a “neutral” rating and set a $10.00 price objective (down from $11.00) on shares of New Mountain Finance in a report on Wednesday, November 5th. Six investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, New Mountain Finance currently has a consensus rating of “Reduce” and a consensus target price of $9.83.

New Mountain Finance Trading Down 1.5%

Shares of NMFC opened at $7.71 on Thursday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.99 and a current ratio of 3.16. New Mountain Finance has a 52-week low of $7.53 and a 52-week high of $11.81. The firm has a market cap of $795.36 million, a price-to-earnings ratio of 51.40 and a beta of 0.58. The business’s fifty day moving average is $8.75 and its 200-day moving average is $9.42.

New Mountain Finance Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 16.6%. The ex-dividend date is Tuesday, March 17th. New Mountain Finance’s dividend payout ratio is 196.92%.

Institutional Investors Weigh In On New Mountain Finance

Large investors have recently modified their holdings of the stock. MTM Investment Management LLC purchased a new position in shares of New Mountain Finance in the second quarter worth about $38,000. State of Alaska Department of Revenue bought a new position in New Mountain Finance in the 3rd quarter worth approximately $47,000. Huntington National Bank grew its stake in New Mountain Finance by 311.8% in the 2nd quarter. Huntington National Bank now owns 4,534 shares of the company’s stock valued at $48,000 after buying an additional 3,433 shares in the last quarter. US Bancorp DE bought a new stake in New Mountain Finance during the 3rd quarter valued at $48,000. Finally, Advisory Services Network LLC purchased a new stake in shares of New Mountain Finance during the third quarter worth $65,000. Hedge funds and other institutional investors own 32.08% of the company’s stock.

New Mountain Finance News Summary

Here are the key news stories impacting New Mountain Finance this week:

• Positive Sentiment: Board declared a $0.32 quarterly dividend (record Mar 17; pay Mar 31), implying a ~16.3% yield — attractive income for yield-seeking investors and supportive of the stock’s floor given the payout.
• Neutral Sentiment: Q4 results essentially met expectations (EPS $0.32 in line with consensus), so no surprise from reported earnings. New Mountain Finance (NMFC) Q4 Earnings Meet Estimates
• Neutral Sentiment: Management discussed strategic portfolio moves on the Q4 call and provided supporting materials (presentation/transcript) that outline plans for portfolio diversification and capital allocation, useful for assessing execution risk. Q4 2025 Earnings Call Transcript
• Negative Sentiment: The company sold roughly $477M of assets at about 94% of value — a meaningful discount that signals stress in parts of the private credit market and could pressure NAV and future earnings visibility. New Mountain sells $477M in assets at 94% value
• Negative Sentiment: Wells Fargo cut its price target from $10 to $8 and moved to an “equal weight” rating — this reduces analyst-driven upside expectations and likely contributed to selling pressure. Analyst Price Target Change

New Mountain Finance Company Profile

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.