New Mountain Finance Corporation (NMFC) Stock Price & Analysis
New Mountain Finance Corporation (NMFC) closed at USD 6.91 on Wednesday, October 28, 2026, up 0.73% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 6.86; the Oct 28, 2026 session ranged USD 6.83–6.92 on volume of 522,525 shares. Market capitalization is $652.67M, with a 52-week range of USD 6.48–9.84 (NMS). Source: Nexqual, retrieved October 29, 2026 at 05:56 UTC.
Also available as compact Markdown for AI agents: nexqual.com/NMFC.md
Key facts (NMFC)
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $612K; 1 not under a Rule 10b5-1 plan ($612K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 3.29 on a 1–5 scale) (7 analysts), mean target USD 8.29 (range 7.5–10).
- Total return with dividends: 1Y -17.3% vs S&P 500 +13.6%; 5Y -11.6% vs S&P 500 +79.8%.
- Next earnings: 2026-11-02, EPS estimate USD 0.26, revenue estimate $61.1M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (NMFC)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Net income | $201M | $74.7M | $135M | $113M | $16.5M | -$48.4M |
| EPS (diluted) | $1.91 | $0.74 | $1.24 | $1.03 | $0.16 | — |
| Cash + short-term investments | $58.1M | $71.2M | $70.1M | $80.3M | $80.7M | — |
| Total debt | $1.91B | $1.98B | $1.79B | $1.84B | $1.67B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (NMFC)
P/B 0.6x · Earnings yield -7.41% · Dividend yield (paid, TTM) 18.61% · Buyback yield (TTM) 16.53% · Net debt $1.28B · EV $1.93B
P/E at fiscal year-ends: Dec 2025 67.6x, Dec 2024 12.5x, Dec 2023 11.6x.
Insider sales (SEC Form 4, open-market, last ~7 months) (NMFC)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-06-15 | Malfettone John P | Director | 77,500 | $612K | 100% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (NMFC)
Consensus Hold (mean 3.29 on a 1–5 scale), 7 analysts; mean target USD 8.29 (low 7.5, high 10).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-05 | Wells Fargo | Target lowered | Equal-Weight | $8 → $7.5 |
| 2026-07-20 | Keefe, Bruyette & Woods | Target lowered | Market Perform | $9 → $8 |
Total return (dividends reinvested) (NMFC)
| 1Y (from 2025-10-29) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -17.3% | -11.6% |
| S&P 500 (SPY) | +13.6% | +79.8% |
| Per year | -17.4% | -2.4% |
| Volatility (annualized) | 25.0% | 18.8% |
| Max drawdown | -23.2% (Dec 2025→Oct 2026) | -30.2% (Feb 2025→Jul 2026) |
NMFC earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | $0.26 | $0.26 | In line | — |
| — | Quarter ended Mar 31, 2026 | $0.30 | $0.32 | Miss −6.3% | — |
| — | Quarter ended Dec 31, 2025 | $0.30 | $0.32 | Miss −6.3% | — |
| — | Quarter ended Sep 30, 2025 | $0.32 | $0.32 | In line | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
NMFC recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Oct 26, 2026 | 8-K | Other material event “Extension of Stock Repurchase Program On October 26, 2026, New Mountain Finance Corporation (the " Company ") issued a press release to announce that on October 20, 2026 its board of directors approved an extension of the Company's stock repurchase program. The press release is attached as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.” |
| Aug 3, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Aug 3, 2026 | 8-K | Quarterly results; Regulation FD disclosure |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
NMFC suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | NMF Investments III | “On May 4, 2020, we entered into an Amended and Restated Uncommitted Revolving Loan Agreement with NMF Investments III, L.L.C., which increased the maximum amounts of revolving borrowings available thereunder from $30.0 million to $50.0 million.” |
| Partner | Mountain Finance | “We have entered into a royalty-free license agreement with New Mountain Capital under which New Mountain Capital has agreed to grant us a non-exclusive, royalty-free license to use the names "New Mountain" and "New Mountain Finance", as well as the NMF logo.” |
| Partner | SkyKnight Income II | “SLP III is structured as a private joint venture investment fund between us and SkyKnight Income II, LLC ("SkyKnight II") and operates under a limited liability company agreement (the "SLP III Agreement").” |
| Partner | SkyKnight Income Alpha | “SLP IV is structured as a private joint venture investment fund between us and SkyKnight Income Alpha, LLC ("SkyKnight Alpha") and operates under the First Amended and Restated Limited Liability Company Agreement of NMFC Senior Loan Program IV LLC, dated May 5, 2021 (the "SLP IV Agreement").” |
| Partner | First Amended and Restated | “SLP IV is structured as a private joint venture investment fund between us and SkyKnight Income Alpha, LLC ("SkyKnight Alpha") and operates under the First Amended and Restated Limited Liability Company Agreement of NMFC Senior Loan Program IV LLC, dated May 5, 2021 (the "SLP IV Agreement").” |
| Partner | NMFC Senior Loan Program IV | “SLP IV is structured as a private joint venture investment fund between us and SkyKnight Income Alpha, LLC ("SkyKnight Alpha") and operates under the First Amended and Restated Limited Liability Company Agreement of NMFC Senior Loan Program IV LLC, dated May 5, 2021 (the "SLP IV Agreement").” |
Quoted from the company's 10-K filed Feb 24, 2026.
NMFC analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.26 | $0.26 | -1.2% | $61.1M | 7 |
| Next quarter (ends Dec 2026) | $0.26 | $0.26 | +0.1% | $61.4M | 7 |
| Current fiscal year (ends Dec 2026) | $1.09 | $1.10 | -0.8% | $252.7M | 7 |
| Next fiscal year (ends Dec 2027) | $1.05 | $1.05 | +0.0% | $246.5M | 7 |
Key Statistics (as of October 29, 2026 at 05:56 UTC)
| Price | USD 6.91 |
|---|---|
| Change | ▲ 0.73% (up) |
| Previous Close | USD 6.86 |
| Open | USD 6.83 |
| Day Range | USD 6.83 – 6.92 |
| 52-Week Range | USD 6.48 – 9.84 |
| Volume | 522,525 shares |
| Market Cap | $652.67M |
| Exchange | NMS |
Technical Analysis (NMFC)
Nexqual's technical model rates NMFC "SELL" based on 2 bullish and 4 bearish signals across 127 daily candles, as of October 29, 2026 at 05:56 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 52.3 (neutral) |
| vs SMA50 | Below (USD 7.08) |
| MACD | -0.09 (negative) |
Analyst Ratings (NMFC)
Wall Street analysts rate NMFC "Hold" based on 7 analysts, with a mean price target of USD 8.29 (range USD 7.5–10), per Nexqual as of October 29, 2026 at 05:56 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 7 |
| Mean Target | USD 8.29 |
| High Target | USD 10 |
| Low Target | USD 7.5 |
| Buy / Hold / Sell | 0 / 6 / 1 |
Earnings (NMFC)
| Next Earnings Date | 2026-11-02 |
|---|---|
| EPS Estimate | USD 0.26 |
| Revenue Estimate | $61.07M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.26 vs est 0.26 ▼ miss |
| 2026-03-31 | USD 0.3 vs est 0.32 ▼ miss |
| 2025-12-31 | USD 0.3 vs est 0.32 ▼ miss |
| 2025-09-30 | USD 0.32 vs est 0.32 ▲ beat |
Source: Nexqual, October 29, 2026 at 05:56 UTC.
Financials & Fundamentals (NMFC)
| Total Revenue | $288.20M |
|---|---|
| Revenue Growth (latest quarter, YoY) | -26.40% |
| Gross Margin | +100.00% |
| Operating Margin | +76.61% |
| Profit Margin | -16.78% |
| ROE | -4.06% |
| Debt / Equity | 1.3 |
| Current Ratio | 1.68 |
| Total Cash | $64.80M |
| Total Debt | $1.35B |
Source: Nexqual, October 29, 2026 at 05:56 UTC.
Financial Health Score (NMFC)
Nexqual rates New Mountain Finance Corporation's overall financial health "Mixed" across five dimensions, as of October 29, 2026 at 05:56 UTC.
| Growth | Critical — Revenue -12% YoY (annual), sharp decline |
|---|---|
| Profitability | Strong — Operating margin 77% |
| Balance Sheet | Mixed — $65M cash and investments vs $1.35B debt (Jun 2026, SEC) |
| Cash Flow | Solid — Operating cash flow $379M (FY ended Dec 2025, 10-K) |
| Efficiency | Critical — ROE -5%, ROA -2.0% (last 4 quarters, SEC) |
Ownership (NMFC)
| Insider Ownership | +15.49% |
|---|---|
| Institutional Ownership | +31.79% |
| Shares Outstanding | 94.45M |
| Short % of Float | +4.22% |
Source: Nexqual, October 29, 2026 at 05:56 UTC.
Leadership (NMFC)
New Mountain Finance Corporation is led by John R. Kline, President, CEO & Director, per Nexqual as of October 29, 2026 at 05:56 UTC.
| President, CEO & Director | John R. Kline |
|---|---|
| Chief Administrative Officer, Executive VP & Director | Adam Brett Weinstein |
| COO & CFO | Laura C. Holson Boswerger |
| Managing Director & Head of Credit Special Situations | Joshua Brendan Porter |
| Managing Director | Linda Chiu |
Major Backers & Investors (NMFC)
Notable institutional backers of New Mountain Finance Corporation include LSV Asset Management, UBS Group AG, Van Eck Associates Corporation, according to Nexqual as of October 29, 2026 at 05:56 UTC.
Active Investors
| Investor | Stake |
|---|---|
| LSV Asset Management | 3.1% |
| UBS Group AG | 2.56% |
| Van Eck Associates Corporation | 2.22% |
| Invesco | 1.61% |
| VanEck ETF Trust-VanEck BDC Income ETF | 1.52% |
| Russell Investments Group, Ltd. | 1.43% |
| Dimension Capital Management, LLC | 1.26% |
| Corient Private Wealth LP | 1.16% |
Source: Nexqual, October 29, 2026 at 05:56 UTC.
From New Mountain Finance Corporation's Latest SEC 10-K Filing (filed 2026-02-24)
Key Strengths & Strategy (as disclosed to the SEC)
- Our differentiated investment approach leverages the deep sector knowledge and operating resources of New Mountain Capital.
Partnerships
- We have elected to be treated, and intend to comply with the requirements to continue to qualify annually, as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code").
- New Mountain Net Lease Corporation ("NMNLC"), a majority-owned consolidated subsidiary of ours, which acquires commercial real estate properties that are subject to "triple net" leases, has elected to be treated, and intends to comply with the requirements to continue to qualify annually, as a real estate investment trust, or REIT, within the meaning of Section 856(a) of the Code.
Legal & Regulatory Risks (Item 1A, quoted)
- Regulations governing the operations of BDCs will affect our ability to raise additional equity capital as well as our ability to issue senior securities or borrow for investment purposes, any or all of which could have a negative effect on our investment objectives and strategies.
- Changes in laws or regulations governing our operations may adversely affect our business or cause us to alter our business strategy.
- Our business and operations could be negatively affected if we become subject to any securities litigation or shareholder activism, which could cause us to incur significant expense, hinder execution of investment strategy and impact our stock price.
- Our rights under an OTC derivative may be restricted by regulations.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| BXSL | Blackstone Secured Lending Fund | USD 23.2 | ▲ 0.39% |
| PDI | PIMCO Dynamic Income Fund | USD 14.1 | ▲ 0.21% |
| VCTR | Victory Capital Holdings, Inc. | USD 111.87 | ▲ 1.12% |
| AMG | Affiliated Managers Group, Inc. | USD 393.24 | ▲ 0.32% |
| SEIC | SEI Investments Company | USD 103.2 | ▲ 0.31% |
| IVZ | Invesco Ltd | USD 28.68 | ▲ 0.88% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 05:56 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt