Hovde Group initiated coverage on New Mountain Finance with a new price target
$NMFC
Finance/Investors Services
Finance
Hovde Group initiated coverage of New Mountain Finance with a rating of Market Perform and set a new price target of $13.50
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/13/2025 | $11.00 | Neutral | B. Riley Securities |
| 4/18/2023 | $13.00 → $11.00 | Overweight → Equal Weight | Wells Fargo |
| 10/14/2022 | $11.50 | Neutral | B. Riley Securities |
| 2/7/2022 | Buy | Janney | |
| 10/25/2021 | $14.00 → $14.25 | Overweight | Wells Fargo |
40-17G - New Mountain Finance Corp (0001496099) (Filer)
8-K - New Mountain Finance Corp (0001496099) (Filer)
10-Q - New Mountain Finance Corp (0001496099) (Filer)
4 - New Mountain Finance Corp (0001496099) (Issuer)
4 - New Mountain Finance Corp (0001496099) (Issuer)
4 - New Mountain Finance Corp (0001496099) (Issuer)
Reports First Quarter Net Investment Income of $0.32 per Share and Declares a Second Quarter Distribution of $0.32 per Share New Mountain Finance Corporation (NASDAQ:NMFC) ("New Mountain," "New Mountain Finance" or the "Company") today announced its financial results for the quarter ended March 31, 2025. First Quarter and Recent Highlights1 Net investment income of $34.5 million, or $0.32 per weighted average share Net asset value of $12.45 per share compared to $12.55 per share as of December 31, 2024 Sustained strong credit performance with ~96.5% of the portfolio rated green Reduced cost of debt from SOFR + 2.15% to SOFR + 1.95% on our Holdings Credit Facility Increased senio
New Mountain Finance Corporation (NASDAQ:NMFC) ("New Mountain" or "the Company") announced today that it will release its financial results for the quarter ended March 31, 2025 on Monday, May 5, 2025 after markets close. The Company will host an earnings conference call and webcast at 10:00 am Eastern Time on Tuesday, May 6, 2025. During the live conference call, the Company's officers will review the first quarter performance, discuss recent events and conduct a question-and-answer session. First Quarter 2025 Conference Call Information To participate in the live earnings conference call, please use the following dial-in numbers or visit the audio webcast link. To avoid any delays, please
BTG Pactual Strategic Capital's investment is in partnership with lead existing investor, New Mountain, to accelerate growth of the business BTG Pactual Strategic Capital ("Strat Cap") announced today that it has completed a strategic investment in UniTek Global Services, Inc. ("UniTek" or the "Company"), a leading super-regional broadband infrastructure services provider supporting the telecommunications and data center end markets. This investment is in partnership with UniTek's lead investor, New Mountain Finance Corporation (NASDAQ:NMFC) and affiliates. UniTek provides a comprehensive suite of broadband solutions, including engineering and design, fiber installation, and maintenance
4 - New Mountain Finance Corp (0001496099) (Issuer)
4 - New Mountain Finance Corp (0001496099) (Issuer)
4 - New Mountain Finance Corp (0001496099) (Issuer)
B. Riley Securities resumed coverage of New Mountain Finance with a rating of Neutral and set a new price target of $11.00
Wells Fargo downgraded New Mountain Finance from Overweight to Equal Weight and set a new price target of $11.00 from $13.00 previously
B. Riley Securities initiated coverage of New Mountain Finance with a rating of Neutral and set a new price target of $11.50