NewtekOne, Inc. (NASDAQ:NEWT - Free Report) - Investment analysts at B. Riley issued their FY2026 earnings per share (EPS) estimates for shares of NewtekOne in a report issued on Sunday, September 14th. B. Riley analyst H. Goetsch expects that the business services provider will post earnings of $2.52 per share for the year. B. Riley currently has a "Strong-Buy" rating on the stock. The consensus estimate for NewtekOne's current full-year earnings is $1.93 per share.
NewtekOne (NASDAQ:NEWT - Get Free Report) last issued its quarterly earnings data on Monday, July 28th. The business services provider reported $0.52 EPS for the quarter, topping analysts' consensus estimates of $0.50 by $0.02. The firm had revenue of $70.20 million during the quarter, compared to the consensus estimate of $73.88 million. NewtekOne had a return on equity of 19.16% and a net margin of 14.65%. NewtekOne has set its FY 2025 guidance at 2.100-2.500 EPS.
NEWT has been the subject of a number of other research reports. Keefe, Bruyette & Woods decreased their price target 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. Piper Sandler raised their price objective on NewtekOne from $11.50 to $12.00 and gave the company a "neutral" rating in a research note on Tuesday, July 29th. One research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $14.00.
View Our Latest Report on NEWT
NewtekOne Trading Up 3.8%
Shares of NEWT stock opened at $11.97 on Tuesday. The stock has a 50-day simple moving average of $11.82 and a 200 day simple moving average of $11.35. NewtekOne has a fifty-two week low of $9.12 and a fifty-two week high of $15.49. The stock has a market capitalization of $315.05 million, a P/E ratio of 5.96 and a beta of 1.25. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 5.95.
NewtekOne Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, July 21st. Investors of record on Wednesday, July 9th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date was Wednesday, July 9th. NewtekOne's dividend payout ratio is currently 37.81%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Trust Co. of Vermont acquired a new position in shares of NewtekOne during the second quarter worth about $29,000. IFP Advisors Inc raised its stake in NewtekOne by 74.9% in the second quarter. IFP Advisors Inc now owns 6,776 shares of the business services provider's stock valued at $77,000 after buying an additional 2,901 shares during the period. CWM LLC raised its stake in NewtekOne by 728.7% in the second quarter. CWM LLC now owns 8,610 shares of the business services provider's stock valued at $97,000 after buying an additional 7,571 shares during the period. Quantbot Technologies LP bought a new position in shares of NewtekOne during the second quarter worth approximately $107,000. Finally, EP Wealth Advisors LLC bought a new position in shares of NewtekOne during the first quarter worth approximately $123,000. 38.35% of the stock is owned by institutional investors and hedge funds.
About NewtekOne
(
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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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