Is New Mountain Finance Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: NMFC) stock is to Buy NMFC stock.
Out of 2 analysts, 0 (0%) are recommending NMFC as a Strong Buy, 1 (50%) are recommending NMFC as a Buy, 1 (50%) are recommending NMFC as a Hold, 0 (0%) are recommending NMFC as a Sell, and 0 (0%) are recommending NMFC as a Strong Sell.
What is NMFC's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: NMFC) forecast ROE is 9.43%, which is considered weak.
What is NMFC's Price Target?
According to 2 Wall Street analysts that have issued a 1 year NMFC price target, the average NMFC price target is $12.25, with the highest NMFC stock price forecast at $13.00 and the lowest NMFC stock price forecast at $11.50.
On average, Wall Street analysts predict that New Mountain Finance's share price could reach $12.25 by May 10, 2024. The average New Mountain Finance stock price prediction forecasts a potential upside of 1.16% from the current NMFC share price of $12.11.
What is NMFC's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: NMFC) forecast ROA is 3.7%, which is lower than the forecast US Asset Management industry average of 8.05%.
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