NASDAQ:NMFC

NMFC Stock Moves Higher Ahead of Open as New Mountain Finance Buyback Faces Private Credit Trial

NMFC Stock Moves Higher Ahead of Open as New Mountain Finance Buyback Faces Private Credit Trial

New Mountain Finance Corp. closed Wednesday at $8.12, about 26% below its March 31 net asset value of $10.92 per share. The company reported Q1 adjusted net investment income of $32.2 million and declared a 25-cent quarterly distribution. NMFC cut statutory debt-to-equity to 1.12 times and completed a $470 million portfolio sale. Analysts’ average price target stands at $8.54, with most holding a neutral view.
May 21, 2026

Stock Market Today

  • ASX 200 Rises on Miners and Banks but 8,800 Resistance Holds
    May 29, 2026, 8:37 PM EDT. The ASX 200 index ended the week higher, supported by strong gains in miners and banks alongside declining Australian bond yields. Key contributors included BHP (+2.91%), Newmont (NEM, +3.77%), Fortescue Metals (FMG, +2.43%), Rio Tinto (RIO, +2.43%), Commonwealth Bank (CBA, +2.24%), and Goodman Group (GMG, +2.92%). Miners and gold producers were the main drivers, aided by firmer copper prices and stronger bullion. However, the energy sector lagged as crude oil prices softened, and healthcare stocks like CSL and ResMed (RMD) declined. Market participants remain cautious as the index needs a weekly close above 8,800 points to confirm a sustained recovery.