Symbols / NMFC $7.90 +5.83%
NMFC Chart
About
New Mountain Finance Corporation (Nasdaq: NMFC), a business development company, is a private equity/buyouts and loan fund that 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. In some cases, its investments may also include equity interests. It targets energy, engineering and consulting services, specialty chemicals and materials, trading companies and distributors, commercial printing, diversified support services, education services, environmental and facilities services, office services and supplies, media, distributors, health care services, health care facilities, Life Sciences, Enterprise Software, Financial Services and Technology, application software, business services, systems software, federal services, distribution and logistics, interactive home entertainment, telecommunication services, hydroelectric power generation, electric power generation by fossil fuels, electric power generation by nuclear fuels, health care technology, and security and alarm services. The fund seeks to invest in the United States of America. It seeks to invest between $10 million and $125 million per transaction. The firm invests through both primary originations and open-market secondary purchases. It invests in companies with EBITDA between $10 million and $200 million. The fund seeks a majority stake in its portfolio companies.
Fundamentals
Scroll to Statements| Sector | Financial Services | Industry | Asset Management | Market Cap | 795.87M |
| Enterprise Value | 2.38B | Income | 16.49M | Sales | 327.08M |
| Book/sh | 11.52 | Cash/sh | 0.80 | Dividend Yield | 16.45% |
| Payout | 8.00% | Employees | — | IPO | — |
| P/E | 49.34 | Forward P/E | 7.41 | PEG | — |
| P/S | 2.43 | P/B | 0.69 | P/C | — |
| EV/EBITDA | — | EV/Sales | 7.28 | Quick Ratio | 0.48 |
| Current Ratio | 0.56 | Debt/Eq | 140.66 | LT Debt/Eq | — |
| EPS (ttm) | 0.16 | EPS next Y | 1.06 | EPS Growth | — |
| Revenue Growth | -15.10% | Earnings | 2026-05-04 | ROA | 5.29% |
| ROE | 1.33% | ROIC | — | Gross Margin | 100.00% |
| Oper. Margin | 80.85% | Profit Margin | 5.04% | Shs Outstand | 100.81M |
| Shs Float | — | Short Float | 2.21% | Short Ratio | 1.34 |
| Short Interest | — | 52W High | 11.20 | 52W Low | 7.51 |
| Beta | 0.63 | Avg Volume | 1.22M | Volume | 923.31K |
| Target Price | $8.50 | Recom | Hold | Prev Close | $7.46 |
| Price | $7.89 | Change | 5.83% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$8.50
Mean price target
2. Current target
$7.86
Latest analyst target
3. DCF / Fair value
$16.53
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$7.86
Low
$7.50
High
$10.00
Mean
$8.50
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-03-04 | main | Keefe, Bruyette & Woods | Market Perform → Market Perform | $9 |
| 2026-03-03 | main | B. Riley Securities | Neutral → Neutral | $8 |
| 2026-02-26 | main | Wells Fargo | Equal-Weight → Equal-Weight | $8 |
| 2025-11-05 | reit | B. Riley Securities | Neutral → Neutral | $10 |
| 2025-11-05 | main | Keefe, Bruyette & Woods | Market Perform → Market Perform | $10 |
| 2025-09-15 | down | B of A Securities | Buy → Underperform | $10 |
| 2025-04-28 | main | Wells Fargo | Equal-Weight → Equal-Weight | $10 |
| 2025-04-08 | main | Keefe, Bruyette & Woods | Market Perform → Market Perform | $11 |
| 2024-10-29 | main | Wells Fargo | Equal-Weight → Equal-Weight | $11 |
| 2024-08-02 | main | Wells Fargo | Equal-Weight → Equal-Weight | $12 |
| 2024-01-29 | main | Wells Fargo | Equal-Weight → Equal-Weight | $13 |
| 2023-08-04 | main | Wells Fargo | Equal-Weight → Equal-Weight | $12 |
| 2023-05-10 | main | Oppenheimer | — → Outperform | $13 |
| 2023-05-10 | main | Wells Fargo | — → Equal-Weight | $12 |
| 2023-04-18 | down | Wells Fargo | Overweight → Equal-Weight | $11 |
| 2022-11-10 | main | Wells Fargo | — → Overweight | $13 |
| 2022-10-14 | init | B. Riley Securities | — → Neutral | $12 |
| 2022-02-07 | init | Janney Montgomery Scott | — → Buy | — |
| 2021-10-25 | main | Wells Fargo | — → Overweight | $14 |
| 2020-04-27 | main | Wells Fargo | — → Overweight | $9 |
- New Mountain Finance (NASDAQ:NMFC) Reaches New 12-Month Low - Time to Sell? - MarketBeat ue, 17 Mar 2026 13
- New mountain finance director Klinsky buys $1.9m in NMFC stock - Investing.com Nigeria hu, 12 Mar 2026 14
- Would You Still Hold New Mountain Finance Stock If It Fell Another 30%? - Trefis Mon, 22 Dec 2025 08
- New Mountain Finance Corporation Announces December 31, 2025 Financial Results - Business Wire ue, 24 Feb 2026 08
- New Mountain Finance Extends Credit Facility, Lowers Borrowing Costs - TipRanks Fri, 13 Mar 2026 21
- New Mountain Finance (NMFC) Q4 Earnings Meet Estimates - Yahoo Finance ue, 24 Feb 2026 08
- Insider Buying: New Mountain Finance (NASDAQ:NMFC) Director Acquires 276,242 Shares of Stock - MarketBeat hu, 12 Mar 2026 22
- Major Insider Move at New Mountain Finance Sends a Powerful Signal - TipRanks Fri, 13 Mar 2026 02
- Why New Mountain Finance (NMFC) Shares Are Trading Lower Today - Yahoo Finance ue, 16 Sep 2025 07
- New Mountain Finance Corporation Announces Financial Results for the Quarter Ended September 30, 2025 - Business Wire Mon, 03 Nov 2025 08
- Insider Buying: New Mountain Finance (NASDAQ:NMFC) Director Buys 223,758 Shares of Stock - MarketBeat hu, 12 Mar 2026 22
- Why New Mountain Finance (NMFC) Shares Are Falling Today - Yahoo Finance Mon, 15 Sep 2025 07
- Earnings call transcript: New Mountain Finance Q3 2025 meets EPS, misses revenue - Investing.com ue, 04 Nov 2025 08
- Steven Klinsky Buys 250,495 Shares of New Mountain Finance (NASDAQ:NMFC) Stock - MarketBeat hu, 05 Mar 2026 23
- Keefe, Bruyette & Woods Issues Pessimistic Forecast for New Mountain Finance (NASDAQ:NMFC) Stock Price - MarketBeat Wed, 04 Mar 2026 13
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 500000 | 4025000 | — | Purchase at price 8.05 per share. | KLINSKY STEVEN B | Director and Beneficial Owner of more than 10% of a Class of Security | — | 2026-03-11 00:00:00 | I |
| 1 | 237873 | 1926771 | — | Purchase at price 8.10 per share. | KLINSKY STEVEN B | Director and Beneficial Owner of more than 10% of a Class of Security | — | 2026-03-05 00:00:00 | I |
| 2 | 437400 | 3516053 | — | Purchase at price 7.94 - 8.17 per share. | KLINSKY STEVEN B | Director and Beneficial Owner of more than 10% of a Class of Security | — | 2026-03-04 00:00:00 | I |
| 3 | 12500 | 98351 | — | Purchase at price 7.86 - 7.87 per share. | OGENS DAVID | Director | — | 2026-03-03 00:00:00 | D |
| 4 | 324727 | 2515258 | — | Purchase at price 7.69 - 7.79 per share. | KLINSKY STEVEN B | Director | — | 2026-03-02 00:00:00 | I |
| 5 | 41707 | 323701 | — | Purchase at price 7.73 - 7.76 per share. | WEINSTEIN ADAM | Officer and Director | — | 2026-03-02 00:00:00 | D |
| 6 | 12500 | 96750 | — | Purchase at price 7.74 per share. | BOSWERGER LAURA HOLSON | Chief Operating Officer | — | 2026-02-27 00:00:00 | D |
| 7 | 106691 | 1043577 | — | Purchase at price 9.78 per share. | KLINSKY STEVEN B | Director | — | 2025-09-16 00:00:00 | I |
| 8 | 49750 | 498828 | — | Purchase at price 10.03 per share. | WEINSTEIN ADAM | Officer and Director | — | 2025-09-15 00:00:00 | D |
| 9 | 26000 | 266048 | — | Purchase at price 10.22 - 10.26 per share. | OGENS DAVID | Director | — | 2025-08-11 00:00:00 | D/I |
Financials
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.02 | 0.02 | 0.01 | 0.11 |
| NetIncomeFromContinuingOperationNetMinorityInterest | 16.49M | 113.44M | 135.34M | 74.73M |
| NetInterestIncome | 116.30M | 139.50M | 166.00M | 119.77M |
| InterestExpense | 123.72M | 136.64M | 124.78M | 92.42M |
| InterestIncome | 240.02M | 276.14M | 290.78M | 212.19M |
| NormalizedIncome | 16.49M | 113.44M | 135.34M | 74.73M |
| NetIncomeFromContinuingAndDiscontinuedOperation | 16.49M | 113.44M | 135.34M | 74.73M |
| DilutedAverageShares | 121.09M | 125.46M | 123.49M | 115.43M |
| BasicAverageShares | 106.15M | 106.57M | 101.12M | 100.20M |
| DilutedEPS | 0.16 | 1.03 | 1.24 | 0.74 |
| BasicEPS | 0.16 | 1.06 | 1.34 | 0.75 |
| DilutedNIAvailtoComStockholders | 29.92M | 129.04M | 153.56M | 85.72M |
| AverageDilutionEarnings | 13.43M | 15.60M | 18.21M | 10.99M |
| NetIncomeCommonStockholders | 16.49M | 113.44M | 135.34M | 74.73M |
| NetIncome | 16.49M | 113.44M | 135.34M | 74.73M |
| MinorityInterests | -485.00K | -1.06M | -747.00K | 204.00K |
| NetIncomeIncludingNoncontrollingInterests | 16.97M | 114.50M | 136.09M | 74.53M |
| NetIncomeContinuousOperations | 16.97M | 114.50M | 136.09M | 74.53M |
| TaxProvision | 430.00K | 2.38M | 1.76M | 9.30M |
| PretaxIncome | 17.40M | 116.88M | 137.85M | 83.83M |
| GainOnSaleOfSecurity | 43.16M | -41.83M | -32.85M | 52.70M |
| OperatingExpense | -2.56M | 6.90M | 5.82M | 5.26M |
| OtherOperatingExpenses | -13.13M | -3.74M | -4.12M | -4.64M |
| SellingGeneralAndAdministration | 10.57M | 10.64M | 9.94M | 9.90M |
| GeneralAndAdministrativeExpense | 10.57M | 10.64M | 9.94M | 9.90M |
| TotalRevenue | 14.84M | 123.78M | 143.68M | 89.09M |
| OperatingRevenue | 14.84M | 123.78M | 143.68M | 89.09M |
| Line Item | 2025-12-31 | |||
|---|---|---|---|---|
| TreasurySharesNumber | 5.21M | |||
| OrdinarySharesNumber | 102.64M | 107.85M | 102.56M | 100.94M |
| ShareIssued | 107.85M | 107.85M | 102.56M | 100.94M |
| NetDebt | 1.59B | 1.76B | 1.72B | 1.91B |
| TotalDebt | 1.67B | 1.84B | 1.79B | 1.98B |
| TangibleBookValue | 1.18B | 1.35B | 1.32B | 1.31B |
| InvestedCapital | 2.85B | 3.19B | 3.11B | 3.30B |
| NetTangibleAssets | 1.18B | 1.35B | 1.32B | 1.31B |
| CommonStockEquity | 1.18B | 1.35B | 1.32B | 1.31B |
| TotalCapitalization | 2.85B | 3.19B | 3.11B | 3.30B |
| TotalEquityGrossMinorityInterest | 1.19B | 1.36B | 1.33B | 1.33B |
| MinorityInterest | 6.08M | 5.95M | 11.77M | 11.72M |
| StockholdersEquity | 1.18B | 1.35B | 1.32B | 1.31B |
| TreasuryStock | 51.95M | 0.00 | ||
| RetainedEarnings | -121.68M | -13.59M | -12.34M | 7.52M |
| AdditionalPaidInCapital | 1.35B | 1.37B | 1.33B | 1.31B |
| CapitalStock | 1.08M | 1.08M | 1.03M | 1.01M |
| CommonStock | 1.08M | 1.08M | 1.03M | 1.01M |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 1.71B | 1.89B | 1.83B | 2.03B |
| DerivativeProductLiabilities | 366.00K | 7.42M | 0.00 | |
| LongTermDebtAndCapitalLeaseObligation | 1.67B | 1.84B | 1.79B | 1.98B |
| Payables | 39.18M | 39.43M | 39.11M | 36.52M |
| OtherPayable | 26.82M | 22.32M | 18.67M | 16.90M |
| AccountsPayable | 12.36M | 17.11M | 20.44M | 19.63M |
| TotalAssets | 2.90B | 3.25B | 3.16B | 3.35B |
| InvestmentsAndAdvances | 2.75B | 3.09B | 3.01B | 3.22B |
| InvestmentinFinancialAssets | 2.75B | 3.09B | 3.01B | 3.22B |
| FinancialAssetsDesignatedasFairValueThroughProfitorLossTotal | 2.74B | 3.09B | 3.01B | 3.22B |
| LongTermEquityInvestment | 755.81M | |||
| Receivables | 43.07M | 42.59M | 44.19M | 36.15M |
| CashAndCashEquivalents | 80.72M | 80.32M | 70.09M | 71.19M |
| CashCashEquivalentsAndFederalFundsSold | 80.72M | 80.32M | 70.09M | 71.19M |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 378.98M | 42.00M | 332.73M | 35.01M |
| RepurchaseOfCapitalStock | -51.95M | 0.00 | 0.00 | |
| RepaymentOfDebt | -909.60M | -1.26B | -929.10M | -805.34M |
| IssuanceOfDebt | 721.50M | 1.32B | 737.71M | 879.00M |
| IssuanceOfCapitalStock | 0.00 | 67.69M | 21.24M | 40.01M |
| EndCashPosition | 80.72M | 80.32M | 70.09M | 71.19M |
| BeginningCashPosition | 80.32M | 70.09M | 71.19M | 58.08M |
| EffectOfExchangeRateChanges | 153.00K | -409.00K | 55.00K | -391.00K |
| ChangesInCash | 245.00K | 10.64M | -1.16M | 13.50M |
| FinancingCashFlow | -378.74M | -31.36M | -333.88M | -21.50M |
| NetOtherFinancingCharges | -358.00K | -925.00K | -693.00K | -9.45M |
| CashDividendsPaid | -135.70M | -147.19M | -150.74M | -121.29M |
| CommonStockDividendPaid | -135.70M | -147.19M | -150.74M | -121.29M |
| NetCommonStockIssuance | -51.95M | 67.69M | 21.24M | 40.01M |
| CommonStockPayments | -51.95M | 0.00 | 0.00 | |
| CommonStockIssuance | 0.00 | 67.69M | 21.24M | 40.01M |
| NetIssuancePaymentsOfDebt | -188.10M | 61.17M | -191.40M | 73.66M |
| NetLongTermDebtIssuance | -188.10M | 61.17M | -191.40M | 73.66M |
| LongTermDebtPayments | -909.60M | -1.26B | -929.10M | -805.34M |
| LongTermDebtIssuance | 721.50M | 1.32B | 737.71M | 879.00M |
| OperatingCashFlow | 378.98M | 42.00M | 332.73M | 35.01M |
| ChangeInWorkingCapital | 915.00K | 824.00K | -21.38M | -2.05M |
| ChangeInOtherCurrentLiabilities | 270.00K | 1.66M | -9.35M | 8.87M |
| ChangeInOtherCurrentAssets | 1.36M | -2.90M | -6.62M | 1.33M |
| ChangeInPayable | -255.00K | 416.00K | 2.59M | -7.00M |
| ChangeInReceivables | -457.00K | 1.66M | -7.99M | -5.26M |
| OtherNonCashItems | -59.55M | -67.11M | -61.17M | -38.96M |
| GainLossOnInvestmentSecurities | 432.37M | -1.28M | 279.37M | -731.00K |
| NetForeignCurrencyExchangeGainLoss | -480.00K | 186.00K | -113.00K | 288.00K |
| NetIncomeFromContinuingOperations | 16.97M | 114.50M | 136.09M | 74.53M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for NMFC
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|