New Mountain Finance Corporation (NYSE:NMFC) is scheduled to post its quarterly earnings results after the market closes on Monday, November 6th. Analysts expect New Mountain Finance Corporation to post earnings of $0.34 per share for the quarter.

New Mountain Finance Corporation (NYSE:NMFC) last issued its quarterly earnings data on Tuesday, August 8th. The investment management company reported $0.34 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.34. New Mountain Finance Corporation had a return on equity of 10.15% and a net margin of 65.22%. The company had revenue of $50.02 million for the quarter, compared to the consensus estimate of $47.66 million. On average, analysts expect New Mountain Finance Corporation to post $1.36 EPS for the current fiscal year and $1.37 EPS for the next fiscal year.

Shares of New Mountain Finance Corporation (NYSE:NMFC) traded up 0.177% during midday trading on Monday, reaching $14.125. The company had a trading volume of 26,642 shares. The company’s 50 day moving average price is $14.09 and its 200-day moving average price is $14.38. New Mountain Finance Corporation has a 52 week low of $13.05 and a 52 week high of $15.00.

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Several equities research analysts have weighed in on the company. BidaskClub downgraded New Mountain Finance Corporation from a “hold” rating to a “sell” rating in a report on Sunday, July 16th. Zacks Investment Research raised New Mountain Finance Corporation from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a research report on Wednesday, July 12th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $15.00 price objective on shares of New Mountain Finance Corporation in a research report on Tuesday, July 25th.

New Mountain Finance Corporation Company Profile

New Mountain Finance Corporation is a closed-end, non-diversified management investment company. The Company’s investment objective is to generate current income and capital appreciation through the sourcing and origination of debt securities at all levels of the capital structure, including first and second lien debt, notes, bonds and mezzanine securities.

Earnings History for New Mountain Finance Corporation (NYSE:NMFC)

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