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New Mountain Finance Corp (NMFC) stock

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NASDAQ: NMFC Nasdaq Asset Management & Custody Banks Next results ~February 1, 2027

New Mountain Finance Corp is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$9.8

Valuation models combined (5)

Base case. Range ~$6.8–$16. Weighted average of 5 models (forward price-to-earnings vs peers, residual income, justified price-to-book, price-to-book vs peers, dividend discount (two-stage)), the forward price-to-earnings vs peers counting double.

Price vs value

No Buy/Hold/Sell rating is issued: limited reported history: available models are shown without a Buy/Hold/Sell rating.

New Mountain Finance Corp valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders4 buying, 1 selling20 purchases and 1 sale by directors and officers, last 12 monthsInsider trades
  • Funds62 adding, 66 cuttingOf 14 active managers that changed their stake, 5 added; quarter to June 30, 2026Fund buyers and sellers

The Fundamentalytics view

Next results ~February 1, 2027 (estimated)

Current signal Share count shrinking (buybacks): Diluted shares outstanding fell 21.8% year over year.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 21.8% in a year, so each share owns more of the business.

Things to watch

  • Missing expectations. Earnings per share fell short of the consensus estimate in 4 of the last four quarters.
  • Earnings expected to fall. The consensus expects earnings per share to fall 3% next year.

Latest results

Earnings per share
$0.25 against an average estimate of $0.26: missed by 3.3%
Share reaction
+8.6% in the first session after the results on August 3, 2026, against +3.3% for the S&P 500
Next report
November 2, 2026; average EPS estimate $0.26

New Mountain Finance's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.1%
  • 1 week+7.6%
  • 1 month+2.4%
  • This year-13.8%
  • 1 year-15.1%
  • 5 years-8.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

EPS (TTM, diluted)
$-0.58

Growth

Share count change
−21.8%

Earnings

Last results
November 2, 2026
Next results (est.)
February 1, 2027

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Announcement
  3. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

New Mountain Finance Corp valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Valuation models

We value New Mountain Finance Corp as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 8.4%: the 10-year Treasury yield (4.9%) plus a beta of 0.77 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$9.6 ~$8.1–$12 Primary model, counts double
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$7.8 ~$5.6–$11 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$6.8 ~$6.0–$7.7 Included
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$16 ~$17–$43 Included
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. ~$8.7 ~$7.8–$10 Included
Combined value Weighted average of the models that apply: the primary model (forward price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$9.8 ~$6.8–$16 5 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare New Mountain Finance Corp with asset managers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.09 −3% $253m −23%
Next $1.05 −3% $246m −3%

Next year's EPS estimate has moved 0.0% in 90 days, across 7 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −0.8% on 90 days ago. In the last 30 days, 0 analysts raised New Mountain Finance Corp's forecast and 2 cut it.

Consensus EPS forecast New Mountain Finance Corp, last 90 days
$1.04 $1.06 $1.08 $1.10 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.10 Current fiscal year, 60 days ago: $1.09 Current fiscal year, 30 days ago: $1.09 Current fiscal year, 7 days ago: $1.09 Current fiscal year, Now: $1.09 $1.09 Next fiscal year, 90 days ago: $1.05 Next fiscal year, 60 days ago: $1.05 Next fiscal year, 30 days ago: $1.05 Next fiscal year, 7 days ago: $1.05 Next fiscal year, Now: $1.05 $1.05

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.10$1.05
60 days ago $1.09$1.05
30 days ago $1.09$1.05
7 days ago $1.09$1.05
Now $1.09$1.05

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.26 $0.25 −3.3%
Jun 2026 $0.26 $0.26 −0.6%
Mar 2026 $0.32 $0.30 −4.7%
Dec 2025 $0.32 $0.30 −6.9%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

7 analysts, Nov 2026
Buy00%
Hold686%
Sell114%

Monthly trend

  1. Nov 2026617
  2. Oct 2026617

Counts of recommendations published by analysts covering New Mountain Finance Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
4.2%
of tradable shares
Days to cover
5.34
at average volume
Short interest, 1 month
+4%
to October 15, 2026
Held by institutions
32%
of shares
Held by insiders
15.5%
of shares

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
NMFC+32%−1%+16%−1%−7%−14%
Industry peers (median)+33%−17%+19%+15%−4%−6%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
NMFC92%50%67%58%42%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
NMFC−6%−17%−11%−12%−22%−22%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 64% from February 13, 2020 to April 6, 2020. Getting back needed a 179% gain, reached on March 3, 2021, 331 days after the low.

Price behaviour

52-week range
$6.51 – $8.48
From 52-week high
−16.1%
vs 50-day average
+2.0%
vs 200-day average
−1.8%
Volatility (1 year)
25%
Beta vs S&P 500
0.55

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 6 down
typical move ±2.4%
After a week
4 up, 7 down
typical move ±4.0%
After a month
7 up, 4 down
typical move ±3.5%
Results releasedNext dayS&P 500 next day5 days21 days
August 3, 2026 +8.6% +3.3% +11.6% +8.6%
May 4, 2026 −2.2% +0.4% −6.2% −9.0%
February 24, 2026 −3.2% +1.6% −1.2% −0.1%
November 3, 2025 −0.4% −1.0% −1.0% +0.4%
August 4, 2025 −2.3% +1.0% −1.8% +1.2%
May 5, 2025 +1.9% −1.4% +7.1% +7.1%
February 26, 2025 −3.8% −1.5% −5.4% −4.5%
October 30, 2024 +0.4% −2.3% −4.0% +4.9%
July 31, 2024 −1.0% +0.2% −5.0% −2.1%
May 1, 2024 +0.5% +0.6% +0.5% +0.2%
February 26, 2024 +1.8% −0.2% +0.5% +0.1%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$80.3M
Dividends (TTM)
$111M
Buybacks, last 3 fiscal years
$52M
Diluted share count
−21.8%
year over year

Who owns it

Funds buying and selling
Reported value
$202M
Institutions reporting
143
Shares held vs prior quarter
▲ 1.1%
Positions opened / closed
16 / 26

Top buyers and sellers, Q2 2026: 62 institutions bought and 66 sold ; the biggest buyer was Russell Investments Group, Ltd (+444K shares) and the biggest seller Invesco Ltd (−582K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
LSV Asset Management $21.5M 3.0M 10.7% ▼ 0.7%
UBS Group AG $17.8M 2.5M 8.8% ▲ 18.5%
Van Eck Associates Corp $15.4M 2.1M 7.6% ▲ 19.4%
Invesco Ltd. $11.2M 1.6M 5.5% ▼ 27.2%
Russell Investments Group, Ltd. $9.9M 1.4M 4.9% ▲ 47.4%
Dimension Capital Management LLC $8.8M 1.2M 4.3% ▲ 5.8%
Corient Private Wealth LP $8.1M 1.1M 4.0% ▲ 29.2%
Cerity Partners LLC $6.1M 857K 3.0% ▼ 1.8%
National Philanthropic Trust $6.1M 853K 3.0% 0.0%
Muzinich & Co., Inc. $6.1M 850K 3.0% ▲ 0.1%
Pathstone Holdings, LLC $5.9M 825K 2.9% ▲ 24.7%
Legal & General Group PLC $5.8M 806K 2.9% ▲ 2.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not New Mountain Finance Corp's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $12.6M 20 trades by 4 insiders, last 12 months Insider sales History → $611,475 1 trade by 1 insider · 0% under pre-set plans
Net ▲ $12M net buying
Insider Date Trade Shares Price Value
Malfettone John P Director June 15, 2026 Sell 77,500 $7.89 $611,475
Weinstein Adam B. EVP, CAO and Director March 17, 2026 Buy 12,900 $7.61 $98,169
Klinsky Steven B Director March 11, 2026 Buy 92,080 $8.05 $741,244
Klinsky Steven B Director March 11, 2026 Buy 184,162 $8.05 $1.5M
Klinsky Steven B Director March 10, 2026 Buy 74,586 $8.05 $600,417
Klinsky Steven B Director March 10, 2026 Buy 149,172 $8.05 $1.2M
Klinsky Steven B Director March 5, 2026 Buy 79,291 $8.10 $642,257
Klinsky Steven B Director March 5, 2026 Buy 158,582 $8.10 $1.3M
Klinsky Steven B Director March 4, 2026 Buy 124,604 $8.17 $1M
Klinsky Steven B Director March 4, 2026 Buy 62,301 $8.17 $508,999
Ogens David Director March 3, 2026 Buy 2,400 $7.86 $18,864
Ogens David Director March 3, 2026 Buy 10,100 $7.87 $79,487

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 1 trade and filings

No trades in New Mountain Finance Corp disclosed in the last 12 months; 1 earlier trade on record.

  • Alan S. Lowenthal(D-CA 47):Sale (full), $1,001 - $15,000, traded May 16, 2014, filed May 5, 2015

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around February 1, 2027 estimated from the company's past filing pattern, not announced

  • November 2, 2026
  • August 3, 2026
  • May 4, 2026
  • February 24, 2026
  • November 3, 2025
  • August 4, 2025

Recent SEC filings

Data status

When each part of this page on New Mountain Finance Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

New Mountain Finance Corp in brief

What does New Mountain Finance Corp do?
New Mountain Finance Corp is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.
What is New Mountain Finance Corp's stock ticker?
New Mountain Finance Corp trades under the ticker NMFC on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
Who are New Mountain Finance Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are LSV Asset Management, UBS Group AG and Van Eck Associates Corp. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is New Mountain Finance Corp buying back stock, and does it pay a dividend?
New Mountain Finance Corp spent $80.3M on share repurchases over the trailing twelve months, and its diluted share count fell 21.8% over the year.
Does New Mountain Finance Corp pay a dividend?
Yes: New Mountain Finance Corp paid $111M in dividends over the trailing twelve months.
Are insiders buying or selling New Mountain Finance Corp stock?
Over the last 12 months, New Mountain Finance Corp's directors and officers reported 20 open-market purchases and 1 sales on Form 4. The insider trading page charts every trade.
When is New Mountain Finance Corp's next earnings date?
Around February 1, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — New Mountain Finance Corp announces its own schedule.