NMFC Stock - New Mountain Finance Corporation
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $329.83M | $341.98M | $347.33M | $267.10M | $270.91M |
| Gross Profit | $123.78M | $374.84M | $89.09M | $203.65M | $56.90M |
| Gross Margin | 37.5% | 109.6% | 25.6% | 76.2% | 21.0% |
| Operating Income | $116.88M | $285.10M | $83.83M | $207.41M | $60.85M |
| Net Income | $113.44M | $135.34M | $74.73M | $201.40M | $58.47M |
| Net Margin | 34.4% | 39.6% | 21.5% | 75.4% | 21.6% |
| EPS | $1.06 | $1.34 | $0.75 | $2.08 | $0.60 |
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. In some cases, its investments may also include equity interests. It targets energy, 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, 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 United States of America. It seeks to invest between $10 million and $50 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 and target investments up to a $125 million hold size. The fund seeks a majority stake in its portfolio companies.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| September 15th 2025 | BofA Securities | Downgrade | Underperform | $10 |
| May 13th 2025 | B. Riley Securities | Resumed | Neutral | $11 |
| April 18th 2023 | Wells Fargo | Downgrade | Equal Weight | $11← $13 |
| October 14th 2022 | B. Riley Securities | Initiation | Neutral | $11.5 |
Earnings History & Surprises
NMFCEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 4, 2026 | — | — | — | — |
Q1 2026 | Feb 25, 2026 | $0.32 | — | — | — |
Q4 2025 | Nov 3, 2025 | $0.32 | $0.32 | 0.0% | = MET |
Q3 2025 | Aug 4, 2025 | $0.32 | $0.32 | 0.0% | = MET |
Q2 2025 | May 5, 2025 | $0.32 | $0.32 | 0.0% | = MET |
Q1 2025 | Feb 26, 2025 | $0.33 | $0.32 | -3.0% | ✗ MISS |
Q4 2024 | Oct 30, 2024 | $0.35 | $0.34 | -2.9% | ✗ MISS |
Q3 2024 | Jul 31, 2024 | $0.36 | $0.36 | 0.0% | = MET |
Q2 2024 | May 1, 2024 | $0.39 | $0.36 | -7.7% | ✗ MISS |
Q1 2024 | Feb 26, 2024 | $0.39 | $0.40 | +2.6% | ✓ BEAT |
Q4 2023 | Nov 2, 2023 | $0.40 | $0.38 | -5.0% | ✗ MISS |
Q3 2023 | Aug 2, 2023 | $0.38 | $0.39 | +2.6% | ✓ BEAT |
Q2 2023 | May 8, 2023 | $0.36 | $0.31 | -13.9% | ✗ MISS |
Q1 2023 | Feb 27, 2023 | $0.35 | $0.35 | 0.0% | = MET |
Q4 2022 | Nov 8, 2022 | $0.31 | $0.32 | +3.2% | ✓ BEAT |
Q3 2022 | Aug 8, 2022 | $0.30 | $0.31 | +3.3% | ✓ BEAT |
Q2 2022 | May 9, 2022 | $0.30 | $0.26 | -13.3% | ✗ MISS |
Q1 2022 | Feb 28, 2022 | $0.31 | $0.31 | 0.0% | = MET |
Q4 2021 | Nov 3, 2021 | $0.30 | $0.27 | -10.0% | ✗ MISS |
Q3 2021 | Aug 4, 2021 | $0.30 | $0.30 | 0.0% | = MET |
Latest News
B. Riley Securities Reiterates Neutral on New Mountain Finance, Lowers Price Target to $10
➖ NeutralKeefe, Bruyette & Woods Maintains Market Perform on New Mountain Finance, Lowers Price Target to $10
➖ NeutralNew Mountain Finance Q3 EPS $0.32, Inline, Sales $80.529M Miss $83.910M Estimate
➖ NeutralB of A Securities Downgrades New Mountain Finance to Underperform, Lowers Price Target to $10
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