NewtekOne (NEWT) Projected to Post Quarterly Earnings on Tuesday

NewtekOne (NASDAQ:NEWT - Get Free Report) is anticipated to release its Q1 2025 earnings data after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.34 per share and revenue of $63.15 million for the quarter. NewtekOne has set its FY 2025 guidance at 2.100-2.500 EPS.

NewtekOne (NASDAQ:NEWT - Get Free Report) last posted its earnings results on Wednesday, February 26th. The business services provider reported $0.69 EPS for the quarter, beating the consensus estimate of $0.66 by $0.03. NewtekOne had a return on equity of 18.73% and a net margin of 14.92%. The firm had revenue of $75.37 million for the quarter, compared to analysts' expectations of $69.55 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 Performance

Shares of NASDAQ:NEWT traded up $0.13 on Thursday, hitting $10.53. The company's stock had a trading volume of 224,299 shares, compared to its average volume of 181,723. NewtekOne has a 12 month low of $9.12 and a 12 month high of $15.49. The stock's 50-day moving average is $11.46 and its two-hundred day moving average is $12.72. The company has a debt-to-equity ratio of 4.98, a quick ratio of 0.75 and a current ratio of 0.75. The company has a market capitalization of $276.84 million, a price-to-earnings ratio of 5.88 and a beta of 1.23.

NewtekOne Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, April 15th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.22%. NewtekOne's dividend payout ratio (DPR) is 38.97%.

Wall Street Analysts Forecast Growth

Separately, Compass Point raised their price objective on shares of NewtekOne from $13.00 to $14.00 and gave the company a "neutral" rating in a research note on Thursday, March 20th. Five analysts have rated the stock with a hold rating, According to data from MarketBeat.com, NewtekOne presently has an average rating of "Hold" and an average price target of $14.50.

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.