NewtekOne (NEWT) to Release Earnings on Monday

NewtekOne (NASDAQ:NEWT - Get Free Report) is expected to announce its Q2 2025 earnings results after the market closes on Monday, July 28th. Analysts expect NewtekOne to post earnings of $0.50 per share and revenue of $73.88 million for the quarter.

NewtekOne (NASDAQ:NEWT - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The business services provider reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.01. NewtekOne had a return on equity of 18.81% and a net margin of 14.34%. The firm had revenue of $66.33 million for the quarter, compared to analysts' expectations of $63.15 million. On average, analysts expect NewtekOne to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

NewtekOne Stock Up 1.8%

NASDAQ NEWT traded up $0.21 on Tuesday, hitting $11.69. 172,977 shares of the stock traded hands, compared to its average volume of 194,359. The stock has a 50-day moving average of $11.11 and a 200 day moving average of $11.61. NewtekOne has a twelve month low of $9.12 and a twelve month high of $15.49. The company has a market capitalization of $307.91 million, a P/E ratio of 6.09 and a beta of 1.21. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 6.16.

NewtekOne Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 21st. Shareholders of record on Wednesday, July 9th were issued a $0.19 dividend. The ex-dividend date of this dividend was Wednesday, July 9th. This represents a $0.76 dividend on an annualized basis and a yield of 6.50%. NewtekOne's dividend payout ratio is currently 39.58%.

Insider Buying and Selling

In other news, CEO Barry Sloane bought 10,000 shares of the company's stock in a transaction dated Thursday, May 29th. The shares were bought at an average cost of $10.86 per share, with a total value of $108,600.00. Following the acquisition, the chief executive officer 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders have bought 36,500 shares of company stock worth $406,175. Insiders own 6.50% of the company's stock.

Institutional Trading of NewtekOne

A number of institutional investors and hedge funds have recently made changes to their positions in NEWT. Jane Street Group LLC raised its position in NewtekOne by 24.7% during the 1st quarter. Jane Street Group LLC now owns 36,676 shares of the business services provider's stock worth $439,000 after buying an additional 7,274 shares during the last quarter. AQR Capital Management LLC raised its position in NewtekOne by 306.4% during 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 buying an additional 126,865 shares during the period. Finally, Royal Bank of Canada raised its holdings 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 valued at $282,000 after acquiring an additional 5,916 shares in the last quarter. Institutional investors own 38.35% of the company's stock.

Analyst Upgrades and Downgrades

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

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.