NewtekOne (NEWT) Stock Price, News & Analysis

$10.95
-0.11 (-0.99%)
(As of 04/23/2024 ET)
Today's Range
$10.93
$11.13
50-Day Range
$10.17
$12.37
52-Week Range
$10.07
$19.36
Volume
70,435 shs
Average Volume
142,027 shs
Market Capitalization
$270.57 million
P/E Ratio
6.76
Dividend Yield
6.94%
Price Target
$14.50

NewtekOne MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
32.4% Upside
$14.50 Price Target
Short Interest
Bearish
7.57% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.76mentions of NewtekOne in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$24,795 Sold Last Quarter
Proj. Earnings Growth
10.38%
From $1.83 to $2.02 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.39 out of 5 stars

Finance Sector

449th out of 837 stocks

National Commercial Banks Industry

57th out of 83 stocks

NEWT stock logo

About NewtekOne Stock (NASDAQ:NEWT)

NewtekOne, Inc., a financial holding company, provides a range of business and financial solutions to the small- and medium-sized business market. Its business and financial solutions include banking services, business lending, electronic payment processing, ecommerce, accounts receivable financing and inventory financing, insurance solutions, web services, and payroll and benefits solutions, as well as technology solutions, including cloud computing, data backup, storage, retrieval, and IT consulting. The company was founded in 1998 and is based in Boca Raton, Florida.

NEWT Stock Price History

NEWT Stock News Headlines

This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
Demystifying NewtekOne: Insights From 4 Analyst Reviews
NEWT Apr 2024 12.500 put
Q4 2023 NewtekOne Inc Earnings Call
NewtekOne: Q4 Earnings Snapshot
Earnings Outlook For NewtekOne
What Wall Street expects from NewtekOne's earnings
It's Time! 3 Sorry Bank Stocks to Sell in February
NEWT Apr 2024 20.000 call
See More Headlines
Receive NEWT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for NewtekOne and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/06/2024
Ex-Dividend for 4/15 Dividend
3/28/2024
Dividend Payable
4/15/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:NEWT
Fax
N/A
Employees
104
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.50
High Stock Price Target
$18.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+32.4%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$47.33 million
Pretax Margin
16.73%

Debt

Sales & Book Value

Annual Sales
$271.46 million
Cash Flow
$1.31 per share
Book Value
$9.30 per share

Miscellaneous

Free Float
23,128,000
Market Cap
$270.57 million
Optionable
Optionable
Beta
1.25
20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

Key Executives

  • Mr. Barry Scott Sloane (Age 64)
    President, Chairman & CEO
    Comp: $700k
  • Ms. Halli Razon-Feingold (Age 35)
    Senior VP of Human Resources, Chief Administrative Officer & Director
  • Mr. Michael Adam Schwartz (Age 63)
    Chief Legal Officer, Chief Compliance Officer & Secretary
    Comp: $650k
  • Mr. Peter Mathison Downs (Age 59)
    Chief Lending Officer, President of Newtek Small Business Finance & Director
    Comp: $800k
  • Mr. Michael Scott Price (Age 46)
    Chief Financial Officer

NEWT Stock Analysis - Frequently Asked Questions

Should I buy or sell NewtekOne stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NewtekOne in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" NEWT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NEWT, but not buy additional shares or sell existing shares.
View NEWT analyst ratings
or view top-rated stocks.

What is NewtekOne's stock price target for 2024?

4 Wall Street analysts have issued 12 month price targets for NewtekOne's shares. Their NEWT share price targets range from $11.00 to $18.00. On average, they expect the company's stock price to reach $14.50 in the next twelve months. This suggests a possible upside of 32.4% from the stock's current price.
View analysts price targets for NEWT
or view top-rated stocks among Wall Street analysts.

How have NEWT shares performed in 2024?

NewtekOne's stock was trading at $13.80 on January 1st, 2024. Since then, NEWT stock has decreased by 20.7% and is now trading at $10.95.
View the best growth stocks for 2024 here
.

When is NewtekOne's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our NEWT earnings forecast
.

How can I listen to NewtekOne's earnings call?

NewtekOne will be holding an earnings conference call on Tuesday, May 7th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were NewtekOne's earnings last quarter?

NewtekOne, Inc. (NASDAQ:NEWT) released its quarterly earnings results on Wednesday, March, 6th. The business services provider reported $0.53 EPS for the quarter, missing analysts' consensus estimates of $0.58 by $0.05. The business services provider earned $75.60 million during the quarter, compared to analyst estimates of $62.99 million. NewtekOne had a net margin of 15.19% and a trailing twelve-month return on equity of 20.04%. During the same quarter in the prior year, the business earned $0.06 EPS.

How often does NewtekOne pay dividends? What is the dividend yield for NewtekOne?

NewtekOne announced a quarterly dividend on Monday, March 18th. Shareholders of record on Monday, April 1st will be given a dividend of $0.19 per share on Monday, April 15th. This represents a $0.76 annualized dividend and a dividend yield of 6.94%. The ex-dividend date is Thursday, March 28th. This is a positive change from the stock's previous quarterly dividend of $0.18.
Read our dividend analysis for NEWT
.

Is NewtekOne a good dividend stock?

NewtekOne (NASDAQ:NEWT) pays an annual dividend of $0.76 per share and currently has a dividend yield of 6.97%. NEWT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 46.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NEWT will have a dividend payout ratio of 37.62% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NEWT.

What guidance has NewtekOne issued on next quarter's earnings?

NewtekOne updated its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share guidance of 1.800-2.000 for the period, compared to the consensus estimate of 1.840. The company issued revenue guidance of -.

What is Barry Sloane's approval rating as NewtekOne's CEO?

95 employees have rated NewtekOne Chief Executive Officer Barry Sloane on Glassdoor.com. Barry Sloane has an approval rating of 65% among the company's employees.

What other stocks do shareholders of NewtekOne own?
Who are NewtekOne's major shareholders?

NewtekOne's stock is owned by a number of retail and institutional investors. Top institutional investors include Ridgewood Investments LLC (0.21%). Insiders that own company stock include Barry Sloane, Gregory L Zink, Nicholas J Leger, Nicolas Young, Peter Mathison Downs, Richard J Salute and Salvatore Francis Mulia.
View institutional ownership trends
.

How do I buy shares of NewtekOne?

Shares of NEWT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NEWT) was last updated on 4/24/2024 by MarketBeat.com Staff

From Our Partners