Consensus Rating1
Equal-Weight
Highest Price Target1
$13.00
Lowest Price Target1
$11.00
Consensus Price Target1
$11.88

New Mountain Finance (NASDAQ:NMFC) Stock, Analyst Ratings, Price Targets, Forecasts

New Mountain Finance Corp has a consensus price target of $11.88 based on the ratings of 5 analysts. The high is $13 issued by Oppenheimer on May 10, 2023. The low is $11 issued by Wells Fargo on October 29, 2024. The 3 most-recent analyst ratings were released by Wells Fargo on October 29, 2024, August 2, 2024, and January 29, 2024, respectively. With an average price target of $11.83 between Wells Fargo, there's an implied 1.57% upside for New Mountain Finance Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Aug
1
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
1.9
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wells Fargo
Wells Fargo
Oppenheimer
B. Riley Securities

1calculated from analyst ratings

Analyst Ratings for New Mountain Finance

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for New Mountain Finance (NMFC) stock?

A

The latest price target for New Mountain Finance (NASDAQ:NMFC) was reported by Wells Fargo on October 29, 2024. The analyst firm set a price target for $11.00 expecting NMFC to fall to within 12 months (a possible -5.66% downside). 3 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for New Mountain Finance (NMFC)?

A

The latest analyst rating for New Mountain Finance (NASDAQ:NMFC) was provided by Wells Fargo, and New Mountain Finance maintained their equal-weight rating.

Q

When was the last upgrade for New Mountain Finance (NMFC)?

A

There is no last upgrade for New Mountain Finance

Q

When was the last downgrade for New Mountain Finance (NMFC)?

A

The last downgrade for New Mountain Finance Corp happened on April 18, 2023 when Wells Fargo changed their price target from N/A to $11 for New Mountain Finance Corp.

Q

When is the next analyst rating going to be posted or updated for New Mountain Finance (NMFC)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of New Mountain Finance, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for New Mountain Finance was filed on October 29, 2024 so you should expect the next rating to be made available sometime around October 29, 2025.

Q

Is the Analyst Rating New Mountain Finance (NMFC) correct?

A

While ratings are subjective and will change, the latest New Mountain Finance (NMFC) rating was a maintained with a price target of $12.00 to $11.00. The current price New Mountain Finance (NMFC) is trading at is $11.66, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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