NewStar Financial Company Profile (NASDAQ:NEWS)

About NewStar Financial

NewStar Financial logoNewStar Financial, Inc. (NewStar) is a commercial finance company with specialized lending platforms focused on meeting the financing needs of companies and private investors in the middle market. The Company and its wholly owned investment management subsidiary, NewStar Capital LLC, are registered investment advisors and provide asset management services to institutional investors. The Company manages various private credit funds that co-invest in loan origination through its leveraged finance lending platform. Through its wholly owned subsidiary, the Company also manages a series of funds structured as collateralized loan obligations (CLOs) that invest primarily in broadly syndicated loans, as well as other sponsored funds and managed accounts that invest across various asset classes, including broadly syndicated loans, high yield bonds and distressed credits. The Company's loan portfolio includes loans, leases and other debt products.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Credit Services
  • Sub-Industry: Specialized Finance
  • Exchange: NASDAQ
  • Symbol: NEWS
  • CUSIP: 65251F10
Key Metrics:
  • Previous Close: $9.95
  • 50 Day Moving Average: $9.21
  • 200 Day Moving Average: $9.53
  • 52-Week Range: $6.44 - $11.37
  • Trailing P/E Ratio: 16.31
  • Foreward P/E Ratio: 10.70
  • P/E Growth: 0.85
  • Market Cap: $425.85M
  • Outstanding Shares: 42,799,000
  • Beta: 1.94
Profitability:
  • Net Margins: 7.76%
  • Return on Equity: 3.34%
  • Return on Assets: 0.54%
Debt:
  • Debt-to-Equity Ratio: 4.75%
  • Current Ratio: 12.52%
  • Quick Ratio: 11.19%
Additional Links:
Companies Related to NewStar Financial:

Analyst Ratings

Consensus Ratings for NewStar Financial (NASDAQ:NEWS) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $11.00 (10.55% upside)

Analysts' Ratings History for NewStar Financial (NASDAQ:NEWS)
Show:
DateFirmActionRatingPrice TargetDetails
8/4/2016Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$10.00 -> $11.00View Rating Details
3/11/2015Janney Montgomery ScottUpgradeNeutral -> Buy$13.00 -> $14.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for NewStar Financial (NASDAQ:NEWS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
2/14/2017Q416$0.15$0.23$21.83 millionViewListenView Earnings Details
11/2/2016Q316$0.13$0.19$21.55 million$36.20 millionViewN/AView Earnings Details
8/3/2016Q2$0.15$0.11$24.40 million$25.30 millionViewN/AView Earnings Details
5/4/2016Q1$0.12($0.16)ViewListenView Earnings Details
2/10/2016Q415$0.12$0.09$23.00 million$27.70 millionViewListenView Earnings Details
11/4/2015Q315$0.11$0.11$21.30 million$26.70 millionViewListenView Earnings Details
8/5/2015Q215$0.07$0.15$15.20 million$23.20 millionViewListenView Earnings Details
5/6/2015Q115$0.04$0.05$14.45 millionViewListenView Earnings Details
2/11/2015Q414$0.09$0.02$21.40 millionViewListenView Earnings Details
11/5/2014Q3 14$0.10$0.10$21.30 millionViewN/AView Earnings Details
8/6/2014Q2$0.13($0.03)ViewN/AView Earnings Details
5/7/2014Q114$0.12$0.12$22.90 million$22.70 millionViewN/AView Earnings Details
2/12/2014Q413$0.13$0.12ViewN/AView Earnings Details
11/6/2013Q313$0.12$0.12$23.30 million$22.30 millionViewN/AView Earnings Details
8/7/2013Q2 2013$0.12$0.11$22.45 millionViewN/AView Earnings Details
5/4/2011$0.12$0.02ViewN/AView Earnings Details
2/16/2011$0.10$0.19ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for NewStar Financial (NASDAQ:NEWS)
Current Year EPS Consensus Estimate: $0.78 EPS
Next Year EPS Consensus Estimate: $0.93 EPS

Dividends

Dividend History for NewStar Financial (NASDAQ:NEWS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/14/2017Annual$0.022/28/20173/2/20173/17/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for NewStar Financial (NASDAQ:NEWS)
Insider Ownership Percentage: 9.55%
Institutional Ownership Percentage: 81.93%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/19/2016Bradley E. CooperDirectorSell13,246$9.19$121,730.74View SEC Filing  
10/21/2016Capital Z Partners Iii Gp, LtdMajor ShareholderSell2,000,000$8.93$17,860,000.00View SEC Filing  
8/30/2013Second Curve Capital Llcmajor shareholderBuy5,000$13.11$65,550.00View SEC Filing  
8/15/2013Second Curve Capital Llcmajor shareholderBuy3,000$14.06$42,180.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for NewStar Financial (NASDAQ:NEWS)
DateHeadline
zacks.com logoCan NewStar Financial (NEWS) Run Higher on Strong Earnings Estimate Revisions? (NASDAQ:NEWS)
www.zacks.com - February 17 at 5:28 PM
capitalcube.com logoNewStar Financial, Inc. :NEWS-US: Earnings Analysis: Q4, 2016 By the Numbers : February 15, 2017 (NASDAQ:NEWS)
www.capitalcube.com - February 16 at 6:21 PM
capitalcube.com logoNewStar Financial, Inc. :NEWS-US: Earnings Analysis: 2016 By the Numbers : February 16, 2017 (NASDAQ:NEWS)
www.capitalcube.com - February 16 at 6:21 PM
us.rd.yahoo.com logoNewStar Reports Net Income of $10.3 Million, or $0.23 per Diluted Share, for the Fourth Quarter and $28.2 Million, or $0.61 per Diluted Share, for FY 2016 (NASDAQ:NEWS)
us.rd.yahoo.com - February 15 at 2:33 AM
biz.yahoo.com logoNEWSTAR FINANCIAL, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financial St (NASDAQ:NEWS)
us.rd.yahoo.com - February 15 at 2:33 AM
biz.yahoo.com logoQ4 2016 NewStar Financial Inc Earnings Release - Before Market Open (NASDAQ:NEWS)
us.rd.yahoo.com - February 15 at 2:33 AM
finance.yahoo.com logoEdited Transcript of NEWS earnings conference call or presentation 14-Feb-17 3:00pm GMT (NASDAQ:NEWS)
finance.yahoo.com - February 15 at 2:33 AM
finance.yahoo.com logoNewStar posts 4Q profit (NASDAQ:NEWS)
finance.yahoo.com - February 14 at 9:33 PM
4-traders.com logoNewStar Financial : posts 4Q profit (NASDAQ:NEWS)
www.4-traders.com - February 14 at 9:33 PM
seekingalpha.com logoNewStar Financial, Inc. 2016 Q4 - Results - Earnings Call Slides (NASDAQ:NEWS)
seekingalpha.com - February 14 at 9:33 PM
feeds.benzinga.com logoNewStar Adopts New Dividend Policy and Declares First Quarterly Dividend (NASDAQ:NEWS)
feeds.benzinga.com - February 14 at 7:50 AM
capitalcube.com logoNewStar Financial, Inc. breached its 50 day moving average in a Bearish Manner : NEWS-US : February 3, 2017 (NASDAQ:NEWS)
www.capitalcube.com - February 3 at 7:33 PM
einnews.com logoPoll: 49% of Americans agree with Trump's immigration ban (NASDAQ:NEWS)
uspolitics.einnews.com - January 31 at 7:45 PM
finance.yahoo.com logoNEWSTAR SCHEDULES RELEASE OF RESULTS FOR THE FOURTH QUARTER AND FISCAL YEAR OF 2016 (NASDAQ:NEWS)
finance.yahoo.com - January 31 at 7:45 PM
capitalcube.com logoNewStar Financial, Inc. breached its 50 day moving average in a Bullish Manner : NEWS-US : January 23, 2017 (NASDAQ:NEWS)
www.capitalcube.com - January 23 at 9:53 AM
uk.finance.yahoo.com logoNEWS: Summary for NewStar Financial, Inc. - Yahoo Finance (NASDAQ:NEWS)
uk.finance.yahoo.com - January 19 at 5:23 AM
finance.yahoo.com logoNEWS : Summary for NewStar Financial, Inc. - Yahoo Finance (NASDAQ:NEWS)
ca.finance.yahoo.com - January 18 at 7:22 PM
capitalcube.com logoNewStar Financial, Inc. breached its 50 day moving average in a Bearish Manner : NEWS-US : January 10, 2017 (NASDAQ:NEWS)
www.capitalcube.com - January 10 at 9:00 AM
capitalcube.com logoNewStar Financial, Inc. breached its 50 day moving average in a Bullish Manner : NEWS-US : December 16, 2016 (NASDAQ:NEWS)
www.capitalcube.com - December 16 at 7:30 PM
us.rd.yahoo.com logoNewStar Authorizes New Share Repurchase Program (NASDAQ:NEWS)
us.rd.yahoo.com - December 9 at 6:48 PM
biz.yahoo.com logoNEWSTAR FINANCIAL, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:NEWS)
biz.yahoo.com - December 9 at 6:48 PM
finance.yahoo.com logoWhy NewStar Financial (NEWS) Could Be a Potential Winner (NASDAQ:NEWS)
finance.yahoo.com - December 5 at 10:06 AM
News IconNewStar Financial Closes Fourth Managed Credit Fund At $505M (NASDAQ:NEWS)
www.finalternatives.com - December 3 at 11:02 AM
marketexclusive.com logoNewStar Financial, Inc. (NASDAQ:NEWS) Files An 8-K Entry into a Material Definitive Agreement (NASDAQ:NEWS)
marketexclusive.com - December 3 at 11:02 AM
News IconRadius Bank Announces Acquisition of Equipment Finance Division (NASDAQ:NEWS)
in.sys-con.com - December 2 at 11:48 AM
streetinsider.com logoNewStar Financial (NEWS) Sells Equipment Finance Business for $140M (NASDAQ:NEWS)
www.streetinsider.com - December 2 at 11:48 AM
News IconHoulihan Lokey Advises on NewStar’s Sale of Equipment Finance Business to Radius (NASDAQ:NEWS)
www.abladvisor.com - December 2 at 11:48 AM
us.rd.yahoo.com logoNewStar Sells Equipment Finance Business To Radius Bank (NASDAQ:NEWS)
us.rd.yahoo.com - December 1 at 6:43 PM
us.rd.yahoo.com logo4:34 pm Newstar Financial sells its equipment finance business and related assets to Boston-based Radius Bank, a federal savings association, for ~$140 mln in cash (NASDAQ:NEWS)
us.rd.yahoo.com - December 1 at 6:43 PM
bizjournals.com logoNewStar sells lending unit for $105M in effort to refocus business (NASDAQ:NEWS)
www.bizjournals.com - December 1 at 6:43 PM
einnews.com logo10 more road contractors likely to be in line of fire (NASDAQ:NEWS)
brazilbusiness.einnews.com - December 1 at 9:20 AM
4-traders.com logoNewStar Financial, Inc. (NASDAQ:NEWS) Files An 8-K Other Events (NASDAQ:NEWS)
www.4-traders.com - November 30 at 6:55 PM
finance.yahoo.com logoNewStar Closes New $505 Million Managed Credit Fund (NASDAQ:NEWS)
finance.yahoo.com - November 30 at 6:55 PM
finance.yahoo.com logo4:41 pm Newstar Financial closes new $505 mln managed credit fund (was upsized from initial target of $400 mln) (NASDAQ:NEWS)
finance.yahoo.com - November 30 at 6:55 PM
finance.yahoo.com logoFitch Rates NewStar Berkeley Fund CLO LLC; Publishes New Issue Report (NASDAQ:NEWS)
finance.yahoo.com - November 30 at 11:37 AM
capitalcube.com logoETFs with exposure to NewStar Financial, Inc. : November 15, 2016 (NASDAQ:NEWS)
www.capitalcube.com - November 15 at 7:00 PM
capitalcube.com logoNewStar Financial, Inc. breached its 50 day moving average in a Bearish Manner : NEWS-US : November 14, 2016 (NASDAQ:NEWS)
www.capitalcube.com - November 14 at 10:31 AM
finance.yahoo.com logoWhy NewStar Financial (NEWS) Could Shock the Market Soon (NASDAQ:NEWS)
finance.yahoo.com - November 14 at 10:31 AM
News IconNewStar Commercial Loan Trust 2007-1 Ratings Raised On Two Two Ratings Affirmed (NASDAQ:NEWS)
www.newswit.com - November 11 at 8:59 AM
capitalcube.com logoETF’s with exposure to NewStar Financial, Inc. : November 4, 2016 (NASDAQ:NEWS)
www.capitalcube.com - November 4 at 5:53 PM
capitalcube.com logoNewStar Financial, Inc. :NEWS-US: Earnings Analysis: Q3, 2016 By the Numbers : November 3, 2016 (NASDAQ:NEWS)
www.capitalcube.com - November 3 at 6:29 PM
finance.yahoo.com logoEdited Transcript of NEWS earnings conference call or presentation 2-Nov-16 2:00pm GMT (NASDAQ:NEWS)
finance.yahoo.com - November 3 at 10:22 AM
biz.yahoo.com logoNEWSTAR FINANCIAL, INC. Files SEC form 10-Q, Quarterly Report (NASDAQ:NEWS)
biz.yahoo.com - November 3 at 10:22 AM
seekingalpha.com logoNewStar Financial, Inc. 2016 Q3 - Results - Earnings Call Slides (NASDAQ:NEWS)
seekingalpha.com - November 2 at 6:41 PM
sg.finance.yahoo.com logoNewStar posts 3Q profit (NASDAQ:NEWS)
sg.finance.yahoo.com - November 2 at 9:56 AM
biz.yahoo.com logoNEWSTAR FINANCIAL, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events (NASDAQ:NEWS)
biz.yahoo.com - October 25 at 6:26 PM
einnews.com logoTeen Apologizes for Defacing War Memorial in Danville (NASDAQ:NEWS)
energy.einnews.com - October 22 at 5:57 PM
einnews.com logoGlobal Automotive Steering Linkage Market 2016 Share, Trend, Segmentation and Forecast to 2020 (NASDAQ:NEWS)
www.einnews.com - October 22 at 10:27 AM
einnews.com logoRubicon Global Founder and CEO Nate Morris named one of 100 Most Intriguing Entrepreneurs (NASDAQ:NEWS)
automotive.einnews.com - October 22 at 10:27 AM
einnews.com logoBritish reporter 'Fake Sheikh' jailed for 15 months (NASDAQ:NEWS)
energy.einnews.com - October 22 at 10:27 AM

Social

What is NewStar Financial's stock symbol?

NewStar Financial trades on the NASDAQ under the ticker symbol "NEWS."

How often does NewStar Financial pay dividends? What is the dividend yield for NewStar Financial?

NewStar Financial announced an annual dividend on Tuesday, February 14th. Shareholders of record on Thursday, March 2nd will be given a dividend of $0.02 per share on Friday, March 17th. The ex-dividend date of this dividend is Tuesday, February 28th.

Where is NewStar Financial's stock going? Where will NewStar Financial's stock price be in 2017?

1 equities research analysts have issued 12-month price targets for NewStar Financial's stock. Their predictions range from $11.00 to $11.00. On average, they anticipate NewStar Financial's share price to reach $11.00 in the next twelve months.

When will NewStar Financial announce their earnings?

NewStar Financial is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

Who owns NewStar Financial stock?

NewStar Financial's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Capital Z Partners Management LLC (9.11%), Dimensional Fund Advisors LP (5.64%), Soros Fund Management LLC (2.51%), Selkirk Management LLC (1.93%), State Street Corp (0.97%) and Century Capital Management LLC (0.60%). Company insiders that own NewStar Financial stock include Bradley E Cooper and Capital Z Partners Iii Gp, Ltd.

Who sold NewStar Financial stock? Who is selling NewStar Financial stock?

NewStar Financial's stock was sold by a variety of institutional investors in the last quarter, including Capital Z Partners Management LLC, Century Capital Management LLC and Metropolitan Life Insurance Co. NY. Company insiders that have sold NewStar Financial stock in the last year include Bradley E Cooper and Capital Z Partners Iii Gp, Ltd.

Who bought NewStar Financial stock? Who is buying NewStar Financial stock?

NewStar Financial's stock was purchased by a variety of institutional investors in the last quarter, including Soros Fund Management LLC, Renaissance Technologies LLC, Shelton Capital Management, Two Sigma Investments LP, Numeric Investors LLC, Dimensional Fund Advisors LP, Dynamic Technology Lab Private Ltd and State Street Corp.

How do I buy NewStar Financial stock?

Shares of NewStar Financial can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of NewStar Financial stock cost?

One share of NewStar Financial stock can currently be purchased for approximately $9.95.

NewStar Financial (NASDAQ:NEWS) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for NewStar Financial (NASDAQ:NEWS)

Earnings History Chart

Earnings by Quarter for NewStar Financial (NASDAQ:NEWS)

Dividend History Chart

Dividend Payments by Quarter for NewStar Financial (NASDAQ:NEWS)

Last Updated on 2/25/2017 by MarketBeat.com Staff