Overview

* New Mountain Q2 net investment income $0.32/share, down from $0.36/share last year

* Company's NAV per share decreased to $12.21 from $12.45 as of March 31, 2025

* Repurchased $9.6 mln of outstanding shares in Q2 2025, indicating stock undervaluation

Result Drivers

* SENIOR ASSET MIX - Increased senior-oriented asset mix to 78%, up from 75% a year ago

* SHARE REPURCHASE - Repurchased $9.6 mln of shares, indicating belief in stock undervaluation

* PORTFOLIO STABILITY - ~95% of portfolio rated green, reflecting stable performance

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 EPS $0.07

Q2 Net $1.31

Asset bln

Value

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the closed end funds peer group is "hold."

* Wall Street's median 12-month price target for New Mountain Finance Corp ( NMFC ) is $11.38, about 8.4% above its August 1 closing price of $10.42

* The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)