NewtekOne (NASDAQ:NEWT) Issues FY 2025 Earnings Guidance

Key Points

• NewtekOne has issued FY 2025 earnings guidance with an EPS range of 2.100-2.500, surpassing the consensus estimate of 2.238.
• As of Monday, the stock is trading at $11.82, showing an increase with 292,975 shares changing hands, well above its average volume.
• The company recently declared a quarterly dividend of $0.19 per share, resulting in an annualized dividend yield of 6.43%.

NewtekOne (NASDAQ:NEWT - Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided EPS guidance of 2.100-2.500 for the period, compared to the consensus EPS estimate of 2.238. The company issued revenue guidance of -.

NewtekOne Stock Performance

Shares of NewtekOne stock traded up $0.11 on Monday, reaching $11.82. 292,975 shares of the company traded hands, compared to its average volume of 191,171. NewtekOne has a 52 week low of $9.12 and a 52 week high of $15.49. The company has a 50 day moving average of $11.15 and a 200 day moving average of $11.59. The firm has a market capitalization of $311.34 million, a PE ratio of 6.16 and a beta of 1.21. The company has a debt-to-equity ratio of 6.16, a current ratio of 0.72 and a quick ratio of 0.72.

NewtekOne (NASDAQ:NEWT - Get Free Report) last released its earnings results on Monday, July 28th. The business services provider reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.50 by $0.02. NewtekOne had a net margin of 14.34% and a return on equity of 18.81%. Equities analysts forecast that NewtekOne will post 1.93 earnings per share for the current year.

NewtekOne Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, July 21st. Investors of record on Wednesday, July 9th were paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 6.43%. The ex-dividend date was Wednesday, July 9th. NewtekOne's payout ratio is currently 39.58%.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods lowered their price objective on shares of NewtekOne from $13.00 to $12.00 and set a "market perform" rating on the stock in a research report on Friday, July 11th.

Insider Buying and Selling at NewtekOne

In other NewtekOne news, CEO Barry Sloane bought 10,000 shares of the firm's stock in a transaction that occurred on Thursday, May 29th. The shares were bought at an average price of $10.86 per share, for a total transaction of $108,600.00. Following the transaction, the chief executive officer directly owned 1,200,459 shares in the company, valued at $13,036,984.74. This trade represents a 0.84% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders bought 36,500 shares of company stock worth $406,175. Company insiders own 6.50% of the company's stock.

Hedge Funds Weigh In On NewtekOne

Large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its position in NewtekOne by 33.4% in the 1st quarter. Royal Bank of Canada now owns 23,639 shares of the business services provider's stock worth $282,000 after purchasing an additional 5,916 shares during the period. Jane Street Group LLC increased its position in shares of NewtekOne by 24.7% in the first quarter. Jane Street Group LLC now owns 36,676 shares of the business services provider's stock valued at $439,000 after acquiring an additional 7,274 shares during the period. Finally, AQR Capital Management LLC increased its position in shares of NewtekOne by 306.4% in the first quarter. AQR Capital Management LLC now owns 168,269 shares of the business services provider's stock valued at $2,012,000 after acquiring an additional 126,865 shares during the period. Hedge funds and other institutional investors own 38.35% of the company's stock.

About NewtekOne

NewtekOne, Inc operates as the bank holding company for Newtek Bank, National Association that engages in the provision of various business and financial solutions under the Newtek brand name to the small- and medium-sized business market. The company accepts demand, savings, NOW, money market, and time deposits; and provides loans including SBA loans, commercial and industrial loans, and commercial real estate loans.

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