NMFC

Company Overview — What Does New Mountain Finance Corp Do?

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. New Mountain Finance Corp (NMFC) is classified as a small-cap stock in the Financials sector, specifically within the Financial Services industry. The company is led by CEO Robert A. Hamwee, headquartered in New York, New York. With a market capitalization of $759M, NMFC is one of the notable companies in the Financials sector.

New Mountain Finance Corp (NMFC) Stock Rating — Reduce (April 2026)

As of April 2026, New Mountain Finance Corp receives a Reduce rating with a composite score of 40.6/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.NMFC ranks #2,353 out of 4,446 stocks in our coverage universe. Within the Financials sector, New Mountain Finance Corp ranks #638 of 891 stocks, placing it in the lower half of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

NMFC Stock Price and 52-Week Range

New Mountain Finance Corp (NMFC) currently trades at $7.99. The stock gained $0.09 (1.1%) in the most recent trading session. The 52-week high for NMFC is $11.20, which means the stock is currently trading -28.7% from its annual peak. The 52-week low is $7.51, putting the stock 6.4% above its annual trough. Recent trading volume was 1.2M shares, reflecting moderate market activity.

Is NMFC Overvalued or Undervalued? — Valuation Analysis

New Mountain Finance Corp (NMFC) carries a value factor score of 30/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The trailing price-to-earnings ratio is 11.73x, compared to the Financials sector average of 14.88x — a discount of 21%. The price-to-book ratio stands at 0.63x, versus the sector average of 1.22x. The price-to-sales ratio is 5.71x, compared to 0.90x for the average Financials stock. On an enterprise value basis, NMFC trades at 18.81x EV/EBITDA, versus 3.26x for the sector.

At current multiples, New Mountain Finance Corp trades at a premium to most Financials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

New Mountain Finance Corp Profitability — ROE, Margins, and Quality Score

New Mountain Finance Corp (NMFC) earns a quality factor score of 46/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 5.4%, compared to the Financials sector average of 8.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 2.2% versus the sector average of 1.2%.

On a margin basis, New Mountain Finance Corp reports gross margins of 0.0%. The operating margin is 0.0% (sector: 21.8%). Net profit margin stands at 48.6%, versus 17.7% for the average Financials stock. Revenue growth is running at -11.9% on a trailing basis, compared to 9.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

NMFC Debt, Balance Sheet, and Financial Health

New Mountain Finance Corp has a debt-to-equity ratio of 140.0%, compared to the Financials sector average of 121.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.69x, suggesting adequate working capital coverage. Total debt on the balance sheet is $1.77B. Cash and equivalents stand at $64M.

NMFC has a beta of 0.70, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for New Mountain Finance Corp is 80/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.

New Mountain Finance Corp Revenue and Earnings History — Quarterly Trend

In TTM 2026, New Mountain Finance Corp reported revenue of $139M and earnings per share (EPS) of $0.11. Net income for the quarter was $68M. Gross margin was 0.0%. Operating income came in at $21M.

In Q3 2025, New Mountain Finance Corp reported revenue of $34M and earnings per share (EPS) of $0.11. Net income for the quarter was $12M. Revenue grew -4.0% year-over-year compared to Q3 2024.

In Q2 2025, New Mountain Finance Corp reported revenue of $35M and earnings per share (EPS) of $0.07. Net income for the quarter was $8M. Revenue grew -10.5% year-over-year compared to Q2 2024.

In Q1 2025, New Mountain Finance Corp reported revenue of $35M and earnings per share (EPS) of $0.22. Net income for the quarter was $24M. Revenue grew -7.8% year-over-year compared to Q1 2024.

Over the past 8 quarters, New Mountain Finance Corp has demonstrated a growth trajectory, with revenue expanding from $38M to $139M. Investors analyzing NMFC stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

NMFC Dividend Yield and Income Analysis

New Mountain Finance Corp (NMFC) currently pays a dividend yield of 13.4%. At this yield, a $10,000 investment in NMFC stock would generate approximately $$1338.00 in annual dividend income. This compares to the Financials sector average dividend yield of 2.5%, meaning NMFC offers above-average income for its sector. With a net margin of 48.6%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.

NMFC Momentum and Technical Analysis Profile

New Mountain Finance Corp (NMFC) has a momentum factor score of 27/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 37/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 41/100 reflects moderate short selling activity.

NMFC vs Competitors — Financials Sector Ranking and Peer Comparison

Within the Financials sector, New Mountain Finance Corp (NMFC) ranks #638 out of 891 stocks based on the Blank Capital composite score. This places NMFC in the lower half of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.

Comparing NMFC against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full NMFC vs S&P 500 (SPY) comparison to assess how New Mountain Finance Corp stacks up against the broader market across all factor dimensions.

NMFC Next Earnings Date

No upcoming earnings date has been announced for New Mountain Finance Corp (NMFC) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy NMFC? — Investment Thesis Summary

The quantitative profile for New Mountain Finance Corp suggests caution. The value score of 30/100 indicates premium valuation. Momentum is weak at 27/100, a headwind for near-term performance. Low volatility (stability score 80/100) reduces downside risk.

In summary, New Mountain Finance Corp (NMFC) earns a Reduce rating with a composite score of 40.6/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on NMFC stock.

Related Resources for NMFC Investors

Explore more research and tools: NMFC vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare NMFC head-to-head with peers: NMFC vs WTM, NMFC vs OPY, NMFC vs ACT.