Newtek Business Services Company Profile (NASDAQ:NEWT)

Analyst Ratings

Consensus Ratings for Newtek Business Services (NASDAQ:NEWT) (?)
Ratings Breakdown: 1 Hold Rating(s), 4 Buy Rating(s)
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $17.90 (38.12% upside)

Analysts' Ratings History for Newtek Business Services (NASDAQ:NEWT)
Show:
DateFirmActionRatingPrice TargetActions
6/16/2016DA DavidsonInitiated CoverageBuy$16.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/10/2015Keefe, Bruyette & WoodsInitiated CoverageOutperform$16.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/10/2015Raymond James Financial Inc.UpgradeMarket Perform -> Outperform$18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/17/2015Compass PointInitiated CoverageNeutral$17.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/3/2015Singular ResearchBoost Price TargetBuy$20.00 -> $22.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/22/2015Ladenburg ThalmannInitiated CoverageNeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/24/2015JMP SecuritiesInitiated CoverageMarket PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/23/2014 forward)

Earnings

Earnings History for Newtek Business Services (NASDAQ:NEWT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/27/2016        
5/4/2016Q1$0.34$0.34ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/3/2015Q315$0.45$0.50$5.58 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/29/2015Q215$0.48$0.49$41.90 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/14/2014Q314$0.35$0.34$38.60 million$38.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/14/2014Q214$0.06$0.07$38.13 million$41.27 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/7/2014Q413$0.04$0.04$37.59 million$36.10 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/31/2014$0.05$0.06ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/6/2013Q313$0.05$0.05$37.09 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/6/2013Q2 2013$0.03$0.05$34.20 million$37.01 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/8/2013Q1 2013$0.04ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Newtek Business Services (NASDAQ:NEWT)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.42$0.42$0.42
Q2 20162$0.36$0.43$0.40
Q3 20162$0.42$0.44$0.43
Q4 20162$0.45$0.52$0.49
Q1 20171$0.33$0.33$0.33
Q2 20171$0.41$0.41$0.41
Q3 20171$0.48$0.48$0.48
Q4 20171$0.57$0.57$0.57
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Newtek Business Services (NASDAQ:NEWT)
Annual Dividend:$1.40
Dividend Yield:10.80%
Payout Ratio:65.73% (Based on Trailing 12 Months of Earnings)
81.87% (Based on Current Year Consensus EPS Estimate)
71.79% (Based on Next Year Consensus EPS Estimate)

Dividend History for Newtek Business Services (NASDAQ:NEWT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
6/9/2016quarterly$0.3510.83%6/16/20166/20/20166/30/2016Tweet This Announcement  Share This Announcement on StockTwits
2/26/2016quarterly$0.3513.75%3/18/20163/22/20163/31/2016Tweet This Announcement  Share This Announcement on StockTwits
12/16/2015Quarterly$0.401/5/20161/7/20161/19/2016Tweet This Announcement  Share This Announcement on StockTwits
10/5/2015special$3.2910.55%11/16/201511/18/201512/31/2015Tweet This Announcement  Share This Announcement on StockTwits
10/2/2015quarterly$0.5010.58%10/20/201510/22/201511/3/2015Tweet This Announcement  Share This Announcement on StockTwits
6/16/2015quarterly$0.4710.59%6/25/20156/29/20157/15/2015Tweet This Announcement  Share This Announcement on StockTwits
3/19/2015special$0.393/26/20153/30/20154/13/2015Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Newtek Business Services (NASDAQ:NEWT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
3/23/2016Sam KirschnerDirectorBuy1,000$11.95$11,950.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/14/2016Barry SloaneCEOBuy1,000$12.94$12,940.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/11/2016Sam KirschnerDirectorBuy2,000$12.79$25,580.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/10/2016Barry SloaneCEOBuy1,000$12.39$12,390.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/10/2016Michael Adam SchwartzInsiderBuy200$12.35$2,470.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/10/2016Salvatore Francis MuliaDirectorBuy2,000$12.19$24,380.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/4/2016Richard J SaluteDirectorBuy91$13.69$1,245.79View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/24/2015Sam KirschnerDirectorBuy1,100$15.63$17,193.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/20/2015Salvatore Francis MuliaDirectorBuy1,000$17.30$17,300.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/19/2015Craig Jeffry BrunetInsiderBuy1,000$17.65$17,650.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/9/2015Sam KirschnerDirectorBuy3,000$17.07$51,210.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/5/2015Salvatore Francis MuliaDirectorBuy1,000$17.45$17,450.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/12/2015Barry SloaneCEOBuy1,000$18.40$18,400.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/10/2014Salvatore Francis MuliaDirectorBuy3,340$13.59$45,390.60View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/25/2014Salvatore Francis MuliaDirectorBuy1,000$14.00$14,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/19/2014Barry SloaneCEOBuy1,000$13.23$13,230.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/16/2014Salvatore Francis MuliaDirectorBuy3,000$2.72$8,160.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/3/2014Sam KirschnerDirectorBuy3,000$2.63$7,890.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/28/2014Barry SloaneCEOBuy2,000$2.84$5,680.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/27/2014Barry SloaneCEOBuy4,200$2.65$11,130.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/27/2014Sam KirschnerDirectorBuy1,000$2.72$2,720.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/26/2014Barry SloaneCEOBuy2,000$2.53$5,060.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/26/2014Sam KirschnerDirectorBuy3,000$2.55$7,650.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/25/2014Barry SloaneCEOBuy3,000$2.49$7,470.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/15/2014Barry SloaneCEOBuy4,000$2.66$10,640.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/14/2014Craig Jeffry BrunetInsiderBuy2,000$2.76$5,520.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/14/2014Salvatore Francis MuliaDirectorBuy9,800$2.78$27,244.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/13/2014Sam KirschnerDirectorBuy2,000$2.72$5,440.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/12/2014Barry SloaneCEOBuy7,200$2.69$19,368.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/12/2014Sam KirschnerDirectorBuy3,000$2.65$7,950.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/2/2013Salvatore Francis MuliaDirectorBuy5,750$2.60$14,950.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/27/2013Sam KirschnerDirectorBuy5,000$2.69$13,450.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/13/2013Salvatore Francis MuliaDirectorBuy4,000$2.80$11,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/8/2013Salvatore Francis MuliaDirectorBuy2,000$2.97$5,940.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/10/2012Sam KirschnerDirectorBuy5,000$1.80$9,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/30/2012Sam KirschnerDirectorBuy5,000$1.82$9,100.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/28/2012Sam KirschnerDirectorBuy2,258$1.74$3,928.92View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/7/2012Sam KirschnerDirectorBuy3,000$1.86$5,580.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/6/2012Sam KirschnerDirectorBuy4,000$1.68$6,720.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Newtek Business Services (NASDAQ:NEWT)
DateHeadline
07/23/16 09:18 AMNewtek Business Services Corporation MA (NASDAQ:NEWT) Shorts Decreased by 11.08% After Short Covering - Press Telegraph
07/23/16 09:18 AMAre Analysts Bearish NEWTEK Business Services Corp (NASDAQ:NEWT) After Last Week? - Consumer Eagle
07/15/16 12:49 PMNewtek Business Services Corp. to Report Second Quarter 2016 Financial Results on Monday, August 8, 2016 After Market Close - [at noodls] - NEW YORK, July 15, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ('BDC'), today announced that it will report its second quarter ...
07/15/16 10:11 AMHow Many NEWTEK Business Services Corp (NASDAQ:NEWT)'s Analysts Are Bullish? - Consumer Eagle
07/15/16 10:11 AMInstitutional Investors Love Newtek Business Services Inc (NASDAQ:NEWT) - Consumer Eagle
07/13/16 05:48 PMNewtek Business Services Inc. (NEWT) Updated Price Targets - FTSE News
07/08/16 08:23 AMBroker Outlook For Newtek Business Services Inc. (NEWT) - Fiscal Standard
07/08/16 08:17 AMNEWTEK BUSINESS SERVICES CORP. Files SEC form 8-K, Change in Directors or Principal Officers -
07/06/16 05:37 PMNew Broker Ratings For Newtek Business Services Inc. (NEWT) - FTSE News
07/06/16 10:03 AMNewtek Business Services Inc. (NEWT) Broker Price Targets For The Coming Week - Fiscal Standard
07/01/16 05:27 PMNewtek Business Services Corporation MA (NASDAQ:NEWT) Short Interest Increased By 34.15% - Press Telegraph
07/01/16 05:27 PMNewtek Business Services Inc.: Newtek Business Services Corp. Acquires banc-serv Partners, LLC - The Wall Street Transcript
07/01/16 08:16 AMHow Analysts Rated NEWTEK Business Services Corp (NASDAQ:NEWT) Last Week? - Press Telegraph
07/01/16 08:16 AMNewtek Business Services Corp. Acquires banc-serv Partners, LLC - Nasdaq
06/30/16 05:46 PMNewtek Business Services Acquires Banc-serv Partners; Plans to Retain Latter's Senior Management Team
06/30/16 08:19 AMNEWTEK BUSINESS SERVICES CORP. : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)
06/30/16 08:19 AMNewtek Business Services (NEWT) Buys banc-serv Partners
06/30/16 08:19 AMBRIEF-Newtek Business Services Corp Acquires Banc-Serv Partners, LLC
06/29/16 05:20 PMNewtek Business Services Corp. Acquires banc-serv Partners, LLC - GlobeNewswire (press release)
06/29/16 03:55 PMNEWTEK BUSINESS SERVICES CORP. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits -
06/29/16 08:15 AMNewtek Business Services Corp. (NASDAQ:NEWT) Company Rating and Target Watch - Telanagana Press
06/27/16 05:17 PMNewtek Business Services Corporation MA (NASDAQ:NEWT) Shorted Shares Increased By 34.15% - Press Telegraph
06/25/16 04:57 PMDA Davidson Initiates Coverage on NEWTEK Business Services Corp to Buy - TheFounders Daily
06/25/16 09:10 AMNEWTEK BUSINESS SERVICES CORP. : Regulation FD Disclosure (form 8-K)
06/24/16 05:23 PMStrong Sell Calls Recommendations For Newtek Business Services Corp. (NASDAQ:NEWT) At 0 - Investor Newswire
06/24/16 08:02 AMCovering the Bases on Newtek Business Services Corp. (NASDAQ:NEWT): Where is the Stock Going? - Press Telegraph
06/24/16 08:02 AMNewtek Business Services Corp. (NASDAQ:NEWT) Earnings Glance and Target Price Review - Engelwood Daily
06/23/16 05:56 PMHow Many NEWTEK Business Services Corp (NASDAQ:NEWT)'s Analysts Are Bullish? - Engelwood Daily
06/23/16 10:32 AMNewtek Business Services Corp. : NEWT-US: Dividend Analysis : June 20th, 2016: By the numbers : June 23, 2016 -
06/18/16 04:44 PMNEWTEK Business Services Corp(NASDAQ:NEWT) Declares Dividend of $0.3500. - TheFounders Daily
06/18/16 04:44 PMStrong Buy Calls Count For Newtek Business Services Corp. (NASDAQ:NEWT) At 0 - Investor Newswire
06/18/16 04:44 PMStrong Buy Calls Count For Newtek Business Services Corp. (NASDAQ:NEWT) At 1 - Investor Newswire
06/18/16 04:44 PMD.A. Davidson & Co. Initiates Research Coverage on Newtek Business Services Corp. - GlobeNewswire (press release)
06/16/16 01:49 PMD.A. Davidson & Co. Initiates Research Coverage on Newtek Business Services Corp. - [at noodls] - NEW YORK, June 16, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. ('Newtek' or the 'Company'), (NASDAQ:NEWT), an internally managed business development company ('BDC'), today announced that D.A. ...
06/15/16 05:24 PMNewtek Business Services Corp. (NEWT) Ex-Dividend Date Scheduled for June 16, 2016 - Nasdaq
06/09/16 05:47 PMBRIEF-Newtek Business Services declares Q2 dividend of $0.35/shr - Reuters
06/09/16 05:47 PMNewtek Business Services Inc.: Newtek Declares Second Quarter Dividend of $0.35 Per Share - The Wall Street Transcript
06/07/16 02:43 PMNEWTEK BUSINESS SERVICES CORP. Files SEC form 8-K, Other Events, Financial Statements and Exhibits -
06/06/16 09:06 AMStock Review and Earnings Check on Newtek Business Services Corp. (NASDAQ:NEWT) - HNN
06/03/16 08:15 AMShare Rating Focus on Newtek Business Services Corp. (NASDAQ:NEWT) - HNN - Share Rating Focus on Newtek Business Services Corp. (NASDAQ:NEWT)HNNThis stock research may entail following what professional equity analysts think about the company. Presently, Wall Street analysts have given a consensus stock rating of 2.33 on shares of Newtek Business Services Corp. (NASDAQ:NEWT). Covering ...and more »
06/02/16 05:47 PMNewtek Business Services Corp. To Present at the LD Micro Invitational on June 8, 2016 - GlobeNewswire (press release) - Newtek Business Services Corp. To Present at the LD Micro Invitational on June 8, 2016GlobeNewswire (press release)NEW YORK, June 02, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (“Newtek” or the “Company”), (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that Newtek's CEO and President, Barry ...
06/02/16 08:19 AMTarget Price and Stock Performance Rundown for Newtek Business Services Corp. (NASDAQ:NEWT) - HNN - Target Price and Stock Performance Rundown for Newtek Business Services Corp. (NASDAQ:NEWT)HNNKeeping an eye on share activity using multiple views may be helpful when tracking stock performance. Equity investors have the ability to track short or long term share performance. During the latest trading session, Newtek Business Services Corp.and more »
06/02/16 08:19 AMNewtek Business Services Corp. (NASDAQ:NEWT) Stock Update & Estimates - Stock Tick Tock - Newtek Business Services Corp. (NASDAQ:NEWT) Stock Update & EstimatesStock Tick TockThe consensus on Wall Street is expecting Newtek Business Services Corp. (NASDAQ:NEWT) to post earnings of $0.37 per share when the firm next reports it's fiscal quarterly results. According to the latest information available the report will likely be ...
06/02/16 08:15 AMNewtek Business Services Corp. To Present at the LD Micro Invitational on June 8, 2016 - [at noodls] - NEW YORK, June 02, 2016 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. ('Newtek' or the 'Company'), (NASDAQ:NEWT), an internally managed business development company ('BDC'), today announced that Newtek's ...
05/30/16 08:55 PMNewtek Business Services Corporation MA (NASDAQ:NEWT) Shorted Shares Decreased By 15.99% - HNN - Newtek Business Services Corporation MA (NASDAQ:NEWT) Shorted Shares Decreased By 15.99%HNNThe stock of Newtek Business Services Corporation MA (NASDAQ:NEWT) registered a decrease of 15.99% in short interest. NEWT's total short interest was 248,000 shares in May as published by FINRA. Its down 15.99% from 295,200 shares, reported ...and more »
05/28/16 02:00 PMStock Rating Review for Newtek Business Services Corp. (NASDAQ:NEWT) - Wall Street Hints and News - Stock Rating Review for Newtek Business Services Corp. (NASDAQ:NEWT)Wall Street Hints and NewsInvestors may choose to follow the views of professional Wall Street analysts that regularly track the company. Covering equity analysts presently have a consensus stock rating of 2.33 on shares of Newtek Business Services Corp. (NASDAQ:NEWT). Covering ...and more »
05/27/16 01:20 PMNEWTEK BUSINESS SERVICES CORP. Files SEC form 8-K, Regulation FD Disclosure -
05/23/16 01:44 PMNewtek Business Services Inc. (NEWT) Broker Price Targets For The Coming Week - Share Trading News - Newtek Business Services Inc. (NEWT) Broker Price Targets For The Coming WeekShare Trading NewsMarket analysts have recently updated their ratings and price targets on shares of Newtek Business Services Inc. (NEWT). The latest reports which are currently in issue on Sunday 22nd of May state 0 analysts have a rating of “strong buy”, 0 analysts ...and more »
05/22/16 01:07 PMAnalyst Rating Check on Newtek Business Services Corp. (NASDAQ:NEWT) - Wall Street Hints and News - Analyst Rating Check on Newtek Business Services Corp. (NASDAQ:NEWT)Wall Street Hints and NewsThis research may involve tracking what professional equity analysts think about the company. Currently, sell-side analysts have provided a consensus stock rating of 2.33 on shares of Newtek Business Services Corp. (NASDAQ:NEWT). Analysts that cover ...
05/21/16 11:28 AMNewtek Business Services Corporation MA (NASDAQ:NEWT) Sellers Increased By 13.71% Their Shorts - Wall Street Hints and News - Newtek Business Services Corporation MA (NASDAQ:NEWT) Sellers Increased By 13.71% Their ShortsWall Street Hints and NewsThe stock of Newtek Business Services Corporation MA (NASDAQ:NEWT) registered an increase of 13.71% in short interest. NEWT's total short interest was 295,200 shares in May as published by FINRA. Its up 13.71% from 259,600 shares, reported ...

Social

About Newtek Business Services

Newtek Business Services logoNewtek Business Services Corp. is a non-diversified closed-end management investment company. The Company is engaged in non-bank lending providing a range of business services and financial products under the Newtek brand to the small- and medium-sized business (SMB) market. Its products and services consist of Business Lending, Electronic Payment Processing, Managed Technology Solutions (Cloud Computing), e-commerce, Accounts Receivable Financing, The Secure Gateway, The Newtek Advantage, personal and commercial Insurance Services, Web Services, Data Backup, Storage and Retrieval, and Payroll Solutions. The Company offers services along with its controlled portfolio companies. The Company's portfolio consists of guaranteed and unguaranteed non-affiliate loan investments that are through its small business finance platform.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Business Services
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: NEWT
  • CUSIP:
Key Metrics:
  • Previous Close: $12.69
  • 50 Day Moving Average: $12.59
  • 200 Day Moving Average: $12.10
  • P/E Ratio: 4.90
  • P/E Growth: 2.55
  • Market Cap: $187.67M
  • Beta: 0.96
  • Current Year EPS Consensus Estimate: $1.71 EPS
  • Next Year EPS Consensus Estimate: $1.95 EPS
Additional Links:
Newtek Business Services (NASDAQ:NEWT) Chart for Saturday, July, 23, 2016