NMFC

New Mountain Finance Corp

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10.540

0(0.000%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

10.540

Open

10.540

VWAP

10.54

Vol

2.68K

Mkt Cap

1.14B

Low

10.540

Amount

28.24K

EV/EBITDA(TTM)

25.99

Total Shares

106.29M

2.86B

EV/OCF(TTM)

36.88

P/S(TTM)

4.00

New Mountain Finance Corporation is a business development company focused on providing direct lending solutions to United States middle market companies backed by private equity sponsors. Its investment objective is to generate current income and capital appreciation through the sourcing and origination of senior secured loans and select junior capital positions, to growing businesses in defensive industries that offer attractive risk-adjusted returns. It invests a significant portion of its portfolio in unitranche loans, which are loans that combine both senior and subordinated debt, generally in a first lien position. The Company invests in various sectors, such as software, business services, healthcare, education, investment funds (including investments in joint ventures), consumer services, education, distribution and logistics, financial services, packaging, and others. New Mountain Finance Advisers, L.L.C. is the investment adviser of the Company.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2024Q4

FY2025Q1

FY2025Q2

93.23M

+0.2%

0.334

-10.95%

86.65M

-4.31%

0.322

-10.65%

84.57M

-10.59%

0.320

-11.11%

Estimates Revision

The market is revising No Change the revenue expectations for New Mountain Finance Corporation (NMFC) for FY2024, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by 7.66%.

Revenue Estimates for FY2024

No Change

0.00%

In Past 3 Month

EPS Estimates for FY2024

No Change

0.00%

In Past 3 Month

Stock Price

Go Up

+7.66%

In Past 3 Month

3 Analyst Rating

6.74% Upside

Wall Street analysts forecast NMFC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NMFC is 11.25 USD with a low forecast of 11.00 USD and a high forecast of 11.75 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

2 Hold

0 Sell

Moderate Buy

6.74% Upside

Current: 10.540

Low

11.00

Averages

11.25

High

11.75

6.74% Upside

Current: 10.540

Low

11.00

Averages

11.25

High

11.75

BofA

Buy

downgrade

2025-05-19

Reason

BofA

Price Target

2025-05-19

downgrade

Buy

Reason

BofA lowered the firm's price target on New Mountain Finance to $11.75 from $12.50 and keeps a Buy rating on the shares following what the firm calls "a decent quarter" in which credit improved.

B. Riley

Neutral

downgrade

$12 -> $11

2025-05-13

Reason

B. Riley

Price Target

$12 -> $11

2025-05-13

downgrade

Neutral

Reason

B. Riley lowered the firm's price target on New Mountain Finance to $11 from $12 and keeps a Neutral rating on the shares following a transfer in coverage. The firm transferred coverage of the business development companies. While credit trends remain broadly stable across most portfolios and dividend coverage "appears supported," tighter spreads, lower prepayment activity, and "tapered" forecasts of origination activity are weighing modestly on near-term earnings visibility, the analyst tells investors in a research note. The firm's Buy ratings reflect "differentiated" origination strategies, favorable returns on equity, and stable-to-improving portfolio metrics. Riley names Trinity Capital (TRIN), Sixth Street Specialty Lending (TSLX), and Blue Owl Capital (OBDC) its top BDC ideas.

Keefe, Bruyette & Woods

Paul Johnson

Hold

Maintains

$12 → $11

2025-04-08

Reason

Keefe, Bruyette & Woods

Paul Johnson

Price Target

$12 → $11

2025-04-08

Maintains

Hold

Reason

Keefe Bruyette analyst Paul Johnson lowered the firm's price target on New Mountain Finance to $11 from $12 and keeps a Market Perform rating on the shares.

Wells Fargo

Finian O'Shea

Hold

Maintains

$12 → $11

2024-10-29

Reason

Wells Fargo

Finian O'Shea

Price Target

$12 → $11

2024-10-29

Maintains

Hold

Reason

Wells Fargo

Timothy O'Shea

Hold

Maintains

$13 → $12

2024-08-02

Reason

Wells Fargo

Timothy O'Shea

Price Target

$13 → $12

2024-08-02

Maintains

Hold

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for New Mountain Finance Corp (NMFC.O) is 7.48, compared to its 5-year average forward P/E of 9.13. For a more detailed relative valuation and DCF analysis to assess New Mountain Finance Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Undervalued

5Y Average PE

9.13

Current PE

7.48

Overvalued PE

10.38

Undervalued PE

7.88

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Undervalued

5Y Average PS

3.88

Current PS

3.21

Overvalued PS

4.43

Undervalued PS

3.32