New Mountain Finance (NMFC) Expected to Announce Quarterly Earnings on Monday

New Mountain Finance (NASDAQ:NMFC) is anticipated to post its Q1 2025 quarterly earnings results after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of $0.32 per share and revenue of $86.65 million for the quarter.

New Mountain Finance (NASDAQ:NMFC) last issued its quarterly earnings results on Wednesday, February 26th. The company reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.01). New Mountain Finance had a return on equity of 11.25% and a net margin of 30.28%. The firm had revenue of $92.89 million during the quarter, compared to analyst estimates of $93.23 million. On average, analysts expect New Mountain Finance to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

New Mountain Finance Stock Performance

NMFC opened at $9.97 on Friday. New Mountain Finance has a 1-year low of $8.84 and a 1-year high of $12.78. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 9.50 and a beta of 0.84. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 1.46. The company’s fifty day moving average price is $10.50 and its two-hundred day moving average price is $11.16.

New Mountain Finance Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 12.84%. The ex-dividend date of this dividend was Monday, March 17th. New Mountain Finance’s dividend payout ratio (DPR) is currently 123.08%.

Insider Activity

In other New Mountain Finance news, Director David Ogens purchased 5,000 shares of the stock in a transaction that occurred on Tuesday, March 4th. The stock was purchased at an average price of $11.44 per share, with a total value of $57,200.00. Following the acquisition, the director now owns 179,020 shares in the company, valued at approximately $2,047,988.80. The trade was a 2.87 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 11.71% of the company’s stock.

Analyst Upgrades and Downgrades

NMFC has been the topic of several research analyst reports. Keefe, Bruyette & Woods decreased their price target on shares of New Mountain Finance from $12.00 to $11.00 and set a “market perform” rating on the stock in a report on Tuesday, April 8th. Wells Fargo & Company lowered their price objective on New Mountain Finance from $11.00 to $10.00 and set an “equal weight” rating for the company in a research report on Monday, April 28th.

New Mountain Finance Company Profile

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.