NewtekOne (NEWT) Stock Price, News & Analysis

4 Wall Street 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 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.
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4 analysts have issued 12 month target prices for NewtekOne's stock. Their NEWT share price targets range from $11.00 to $18.00. On average, they expect the company's share price to reach $14.50 in the next twelve months. This suggests a possible upside of 29.2% from the stock's current price.
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NewtekOne's stock was trading at $13.80 at the beginning of the year. Since then, NEWT shares have decreased by 18.7% and is now trading at $11.22.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
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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.

NewtekOne, Inc. (NASDAQ:NEWT) issued its quarterly earnings data on Wednesday, March, 6th. The business services provider reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.58 by $0.05. The business services provider had revenue of $75.60 million for the quarter, compared to the consensus estimate of $62.99 million. NewtekOne had a trailing twelve-month return on equity of 20.04% and a net margin of 15.19%. During the same quarter last year, the company earned $0.06 earnings per share.

NewtekOne declared a quarterly dividend on Monday, March 18th. Investors of record on Monday, April 1st will be paid a dividend of $0.19 per share on Monday, April 15th. This represents a $0.76 dividend on an annualized basis and a yield of 6.77%. The ex-dividend date of this dividend is Thursday, March 28th. This is an increase from the stock's previous quarterly dividend of $0.18.
Read our dividend analysis for NEWT.

NewtekOne (NASDAQ:NEWT) pays an annual dividend of $0.76 per share and currently has a dividend yield of 6.69%. 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.

Invesco KBW High Dividend Yield Financial ETF holds 365,861 shares of NEWT stock, representing 1.76% of its portfolio.

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

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other NewtekOne investors own include Ares Capital (ARCC), Energy Transfer (ET), AT&T (T), New Residential Investment (NRZ), Hercules Capital (HTGC), Annaly Capital Management (NLY), Enterprise Products Partners (EPD), Prospect Capital (PSEC), TriplePoint Venture Growth BDC (TPVG) and NGL Energy Partners (NGL).

NewtekOne's stock is owned by many different retail and institutional investors. Top institutional shareholders 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.
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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.
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