New Mountain Finance Co. (NASDAQ:NMFC - Free Report) - Analysts at B. Riley lowered their Q1 2025 earnings estimates for New Mountain Finance in a report released on Friday, November 1st. B. Riley analyst B. Rowe now expects that the company will earn $0.32 per share for the quarter, down from their prior forecast of $0.34. The consensus estimate for New Mountain Finance's current full-year earnings is $1.41 per share. B. Riley also issued estimates for New Mountain Finance's Q2 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.33 EPS and FY2025 earnings at $1.29 EPS.
New Mountain Finance (NASDAQ:NMFC - Get Free Report) last issued its earnings results on Wednesday, October 30th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by ($0.01). New Mountain Finance had a net margin of 30.28% and a return on equity of 11.25%. The company had revenue of $95.33 million for the quarter, compared to analyst estimates of $94.10 million. During the same period last year, the business earned $0.40 EPS. The company's quarterly revenue was up 1.0% on a year-over-year basis.
Separately, Wells Fargo & Company lowered their price target on New Mountain Finance from $12.00 to $11.00 and set an "equal weight" rating for the company in a research note on Tuesday, October 29th.
Read Our Latest Analysis on NMFC
New Mountain Finance Stock Down 2.7 %
NMFC traded down $0.30 during trading on Monday, reaching $10.80. 1,548,342 shares of the stock traded hands, compared to its average volume of 407,966. The stock's 50-day simple moving average is $11.88 and its two-hundred day simple moving average is $12.22. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.23 and a quick ratio of 1.75. New Mountain Finance has a fifty-two week low of $10.76 and a fifty-two week high of $13.23. The stock has a market cap of $1.16 billion, a price-to-earnings ratio of 10.62 and a beta of 1.15.
New Mountain Finance Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th will be paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 12.22%. This is an increase from New Mountain Finance's previous quarterly dividend of $0.32. The ex-dividend date is Tuesday, December 17th. New Mountain Finance's dividend payout ratio (DPR) is presently 121.91%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Csenge Advisory Group acquired a new position in shares of New Mountain Finance during the 1st quarter worth about $227,000. Tranquility Partners LLC lifted its holdings in shares of New Mountain Finance by 182.4% during the first quarter. Tranquility Partners LLC now owns 283,320 shares of the company's stock worth $3,590,000 after buying an additional 182,990 shares during the last quarter. ProShare Advisors LLC lifted its holdings in shares of New Mountain Finance by 16.0% during the first quarter. ProShare Advisors LLC now owns 13,035 shares of the company's stock worth $165,000 after buying an additional 1,800 shares during the last quarter. Condor Capital Management boosted its position in shares of New Mountain Finance by 9.6% in the first quarter. Condor Capital Management now owns 271,667 shares of the company's stock valued at $3,442,000 after acquiring an additional 23,902 shares during the period. Finally, Midwest Professional Planners LTD. grew its stake in shares of New Mountain Finance by 24.7% in the first quarter. Midwest Professional Planners LTD. now owns 108,830 shares of the company's stock worth $1,379,000 after acquiring an additional 21,522 shares during the last quarter. Institutional investors and hedge funds own 32.08% of the company's stock.
About New Mountain Finance
(
Get Free Report)
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.
See Also
Before you consider New Mountain Finance, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and New Mountain Finance wasn't on the list.
While New Mountain Finance currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
