NASDAQ:NMFC - New Mountain Finance Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $11.17
  • Forecasted Upside: -13.87 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$12.97
▼ -0.05 (-0.38%)
1 month | 3 months | 12 months
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Analyst Price Target for NMFC

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$11.17
▼ -13.87% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for New Mountain Finance in the last 3 months. The average price target is $11.17, with a high forecast of $13.50 and a low forecast of $9.00. The average price target represents a -13.87% upside from the last price of $12.97.
Buy
The current consensus among 4 polled investment analysts is to buy stock in New Mountain Finance.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/28/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/26/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/25/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/24/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/22/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/20/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/21/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/20/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/5/2021Hovde GroupInitiated CoverageMarket Perform$13.50Low
i
8/10/2020National SecuritiesDowngradeBuy ➝ NeutralHigh
i
Rating by Bryce Rowe at National Securities
8/6/2020OppenheimerReiterated RatingBuy$11.00High
i
Rating by Chris Kotowski at Oppenheimer Holdings Inc.
7/10/2020Wells Fargo & CompanyReiterated RatingBuyLow
i
5/7/2020OppenheimerInitiated CoverageBuy$11.00Medium
i
Rating by Chris Kotowski at Oppenheimer Holdings Inc.
4/27/2020Wells Fargo & CompanyBoost Price TargetOverweight$8.00 ➝ $9.00Low
i
4/13/2020OppenheimerLower Price TargetOutperform$15.00 ➝ $11.00Medium
i
3/25/2020Wells Fargo & CompanyLower Price TargetOverweight$14.50 ➝ $8.00High
i
3/17/2020National SecuritiesUpgradeNeutral ➝ BuyHigh
i
Rating by Bryce Rowe at National Securities
3/5/2020National SecuritiesInitiated CoverageNeutralHigh
i
2/3/2020Bank of AmericaInitiated CoverageBuy$14.50Low
i
12/5/2019Deutsche Bank AktiengesellschaftInitiated CoverageBuy$14.75Medium
i
10/4/2018Wells Fargo & CompanyLower Price TargetOutperform ➝ Outperform$15.00 ➝ $14.00Low
i
3/1/2018Keefe, Bruyette & WoodsSet Price TargetHold$15.00Low
i
Rating by Ryan Lynch at Keefe, Bruyette & Woods
10/5/2017Keefe, Bruyette & WoodsSet Price TargetHold$15.00N/A
i
8/31/2017Keefe, Bruyette & WoodsReiterated RatingHold$15.00Low
i
7/25/2017Keefe, Bruyette & WoodsReiterated RatingHold$15.00Low
i
5/31/2017Keefe, Bruyette & WoodsSet Price TargetHold$15.00Low
i
8/5/2016OppenheimerBoost Price TargetOutperform$13.00 ➝ $14.00N/A
i
7/14/2016Robert W. BairdDowngradeOutperform ➝ Neutral$13.00N/A
i
5/8/2016Robert W. BairdReiterated RatingBuyN/A
i
Rating by Bryce Rowe at Robert W. Baird
4/27/2016Janney Montgomery ScottReiterated RatingHoldN/A
i
(Data available from 4/21/2016 forward)
New Mountain Finance logo
New Mountain Finance Corporation is a Business Development Company specializing in investments in middle market companies and debt securities at various levels of the capital structure, including first and second lien debt, unsecured notes, bonds, and mezzanine securities. It invests in various industries that include software, education, business services, distribution and logistics, federal services, healthcare services and products, healthcare facilities, energy, media, consumer and industrial services, healthcare Information Technology, Information Technology and services, specialty chemicals and materials, telecommunication, retail, and power generation. It seeks to invest in United States. It typically invests between $10 million and $50 million. Within middle market it seeks to invest in companies having EBITDA between $20 million and $200 million. It prefers to invest in equity interests, such as preferred stock, common stock, warrants, or options received in connection with its debt investments and directly in the equity of private companies. The fund makes investments through both primary originations and open-market secondary purchases. It invests primarily in debt securities that are rated below investment grade and have contractual unlevered returns of 10% to 15%. The firm may also invest in distressed debt and related opportunities and prefers to invest in targets having private equity sponsorship. It seeks to hold its investments between five years and ten years. The fund prefer to have majority stake in companies.
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Today's Range

Now: $12.97
$12.96
$13.05

50 Day Range

MA: $12.77
$12.38
$13.39

52 Week Range

Now: $12.97
$6.34
$13.44

Volume

306,203 shs

Average Volume

441,457 shs

Market Capitalization

$1.26 billion

P/E Ratio

N/A

Dividend Yield

9.22%

Beta

1.39

Frequently Asked Questions

What sell-side analysts currently cover shares of New Mountain Finance?

The following Wall Street sell-side analysts have issued stock ratings on New Mountain Finance in the last year: Hovde Group, National Securities, Oppenheimer Holdings Inc., TheStreet, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for NMFC.

What is the current price target for New Mountain Finance?

3 Wall Street analysts have set twelve-month price targets for New Mountain Finance in the last year. Their average twelve-month price target is $11.17, suggesting a possible downside of 13.9%. Hovde Group has the highest price target set, predicting NMFC will reach $13.50 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $9.00 for New Mountain Finance in the next year.
View the latest price targets for NMFC.

What is the current consensus analyst rating for New Mountain Finance?

New Mountain Finance currently has 2 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe NMFC will outperform the market and that investors should add to their positions of New Mountain Finance.
View the latest ratings for NMFC.

What other companies compete with New Mountain Finance?

How do I contact New Mountain Finance's investor relations team?

New Mountain Finance's physical mailing address is 787 Seventh Avenue 48th Floor, New York NY, 10019. The company's listed phone number is 212-720-0300 and its investor relations email address is [email protected] The official website for New Mountain Finance is www.newmountainfinance.com.