The earnings call presented a mixed outlook, with stability in dividends and a strong, well-performing portfolio offset by challenges in specific sectors and a decline in net asset value. The dividend protection program provides a buffer against current market headwinds, but ongoing challenges in the healthcare and consumer products sectors, impacted by tariffs and operational issues, present risks that NMFC needs to address.

Company Guidance

During the New Mountain Finance Corporation Second Quarter 2025 Earnings Call, several key metrics and guidance points were discussed. Adjusted net investment income for the quarter was $0.32 per share, covering the $0.32 per share dividend paid in cash on June 30. The net asset value per share stood at $12.21, a decline of $0.24 from the previous quarter. The portfolio's loan-to-value ratio was reported at 45%, with 95% of investments rated green on their heat map, indicating strong credit performance. The company announced a $0.32 dividend payable on September 30, supported by a dividend protection program in place until the fourth quarter of 2026. New Mountain Finance Corporation's stock is trading at a 15% discount to book value, with the $0.32 quarterly dividend representing over a 12% yield. The firm has repurchased approximately $16 million of shares year-to-date under a stock repurchase program, with $31 million of Board authorization remaining. The company also highlighted plans to refinance higher-cost debt and improve portfolio quality, including increasing exposure to senior-oriented assets, which currently make up nearly 80% of the portfolio.

Dividend Stability and Protection

NMFC announced a $0.32 dividend payable on September 30, supported by the dividend protection program through the fourth quarter of 2026. This program is designed to stabilize the dividend during periods of tighter new issue spreads and lower fees.

Strong Portfolio Performance

95% of NMFC's investments are rated green on the heat map, with nearly 80% exposure to senior-oriented assets. The average loan-to-value of the portfolio stands at 45%, supporting a stable credit performance.

Stock Repurchase Program

NMFC repurchased approximately $16 million of shares year-to-date, with an additional $31 million of Board authorization remaining. This reflects confidence in the company's valuation and future prospects.

Low Non-Accruals and Realized Losses

Non-accruals in the portfolio remain low at $38 million, or 1.2% of the portfolio. Since IPO, NMFC has realized net losses of only $16 million, with a total net realized loss rate of just 1 basis point.

New Mountain Finance (NMFC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

NMFC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	0.32 / -	0.33	―	―	―
Aug 04, 2025	2025 (Q2)	0.32 / 0.32	0.36	-11.11% (-0.04)
May 05, 2025	2025 (Q1)	0.32 / 0.32	0.36	-11.11% (-0.04)
Feb 26, 2025	2024 (Q4)	0.34 / 0.32	0.4	-20.00% (-0.08)
Oct 30, 2024	2024 (Q3)	0.35 / 0.33	0.4	-17.50% (-0.07)
Jul 31, 2024	2024 (Q2)	0.36 / 0.36	0.39	-7.69% (-0.03)
May 01, 2024	2024 (Q1)	0.37 / 0.36	0.38	-5.26% (-0.02)
Feb 26, 2024	2023 (Q4)	0.40 / 0.40	0.25	60.00% (+0.15)
Nov 02, 2023	2023 (Q3)	0.40 / 0.40	0.32	25.00% (+0.08)
Aug 02, 2023	2023 (Q2)	0.38 / 0.39	0.31	25.81% (+0.08)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

NMFC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$10.33	$10.18	-1.45%
May 05, 2025	$9.46	$9.85	+4.12%
Feb 26, 2025	$11.07	$10.83	-2.17%
Oct 30, 2024	$10.37	$10.46	+0.87%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does New Mountain Finance Corp. (NMFC) report earnings?

New Mountain Finance Corp. (NMFC) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).

What is New Mountain Finance Corp. (NMFC) earnings time?

New Mountain Finance Corp. (NMFC) earnings time is at Oct 29, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is NMFC EPS forecast?

NMFC EPS forecast for the fiscal quarter 2025 (Q3) is 0.32.

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