New Mountain Finance Corporation (NASDAQ:NMFC) is included among the 15 Stocks with Highest Dividend to Invest in.
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On November 5, B. Riley lowered its price target on New Mountain Finance Corporation (NASDAQ:NMFC) to $10 from $11 and maintained a Neutral rating on the stock following the Q3 results, as reported by The Fly. The analyst noted that the company’s raw earnings fell short of expectations.
In the third quarter of 2025, New Mountain Finance Corporation (NASDAQ:NMFC) reported net investment income of $33.9 million, or $0.32 per weighted average share. Credit performance remained steady, with roughly 95% of the portfolio rated green.
New Mountain Finance Corporation (NASDAQ:NMFC)’s board approved a new share repurchase program worth $100 million. In addition, the company is exploring the potential sale of up to $500 million of its assets to a third party, which could significantly advance its strategic goals. Q3 was a modest origination period, with $127 million in new assets offset by $177 million in repayments. The company plans to continue prioritizing share buybacks over new investments if the stock remains near current levels.
New Mountain Finance Corporation (NASDAQ:NMFC) specializes in providing direct lending solutions to US upper mid-market companies supported by leading private equity sponsors.
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Disclosure: None.