NewStar Financial Company Profile (NASDAQ:NEWS)

About NewStar Financial (NASDAQ:NEWS)

NewStar Financial logoNewStar Financial, Inc. (NewStar) is a commercial finance company. The Company operates through two segments: Commercial Lending and Asset Management. The Commercial Lending segment represents its direct lending activities, which are focused on providing a range of flexible senior secured debt options to mid-sized companies. The Asset Management segment represents its investment advisory activities, which are focused on providing opportunities for qualified investors to invest in a range of credit funds managed by the Company. The Company's direct lending activities are focused on meeting the financial needs of companies and private investors in the middle market by offering a range of debt financing options. Through its asset management platforms, NewStar offers a range of investment products employing credit-oriented strategies focused on middle market loans and liquid, tradeable credit.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Credit Services
  • Sub-Industry: Specialized Finance
  • Symbol: NASDAQ:NEWS
  • CUSIP: 65251F10
  • Web: www.newstarfin.com
Capitalization:
  • Market Cap: $384.13 million
  • Outstanding Shares: 42,073,000
Average Prices:
  • 50 Day Moving Avg: $10.24
  • 200 Day Moving Avg: $9.68
  • 52 Week Range: $7.41 - $11.37
P/E:
  • Trailing P/E Ratio: 16.30
  • Foreward P/E Ratio: 12.34
  • P/E Growth: 1.20
Sales & Book Value:
  • Annual Revenue: $99.47 million
  • Price / Sales: 3.86
  • Book Value: $15.21 per share
  • Price / Book: 0.60
Dividend:
  • Dividend Yield: 0.9%
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%
Misc:
  • Average Volume: 98,511 shs.
  • Beta: 1.94
  • Short Ratio: 2.13
 

Frequently Asked Questions for NewStar Financial (NASDAQ:NEWS)

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 a quarterly dividend on Wednesday, May 3rd. Shareholders of record on Tuesday, May 30th will be given a dividend of $0.02 per share on Thursday, June 15th. This represents a $0.08 annualized dividend and a yield of 0.88%. The ex-dividend date is Thursday, May 25th. View NewStar Financial's Dividend History.

How were NewStar Financial's earnings last quarter?

NewStar Financial Inc (NASDAQ:NEWS) announced its earnings results on Wednesday, May, 3rd. The company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by $0.16. The business had revenue of $20.14 million for the quarter, compared to analyst estimates of $26.27 million. NewStar Financial had a return on equity of 3.34% and a net margin of 7.76%. View NewStar Financial's Earnings History.

When will NewStar Financial make its next earnings announcement?

NewStar Financial is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for NewStar Financial.

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

2 equities research analysts have issued 12 month price objectives for NewStar Financial's stock. Their forecasts range from $11.00 to $11.00. On average, they expect NewStar Financial's stock price to reach $11.00 in the next twelve months. View Analyst Ratings for NewStar Financial.

Are investors shorting NewStar Financial?

NewStar Financial saw a decrease in short interest in the month of March. As of March 31st, there was short interest totalling 204,597 shares, a decrease of 17.2% from the March 15th total of 246,982 shares. Based on an average trading volume of 140,876 shares, the days-to-cover ratio is currently 1.5 days.

Who are some of NewStar Financial's key competitors?

Who owns NewStar Financial stock?

NewStar Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Corsair Capital LLC (9.93%), Swiss RE Ltd. (7.03%), Dimensional Fund Advisors LP (5.86%), Vanguard Group Inc. (3.99%), Northwestern Mutual Investment Management Company LLC (3.80%) and Second Curve Capital LLC (3.13%). Company insiders that own NewStar Financial stock include Bradley E Cooper and Capital Z Partners Iii Gp, Ltd. View Institutional Ownership Trends for NewStar Financial.

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 Vanguard Group Inc., Renaissance Technologies LLC, American International Group Inc., Shelton Capital Management, Century Capital Management LLC, Schwab Charles Investment Management Inc., Corsair Capital LLC and Morgan Stanley. Company insiders that have sold NewStar Financial stock in the last year include Bradley E Cooper and Capital Z Partners Iii Gp, Ltd. View Insider Buying and Selling for NewStar Financial.

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

NewStar Financial's stock was acquired by a variety of institutional investors in the last quarter, including Kestrel Investment Management Corp, Second Curve Capital LLC, Trexquant Investment LP, Spark Investment Management LLC, DUPONT CAPITAL MANAGEMENT Corp, LSV Asset Management, Oxford Asset Management and Virginia Retirement Systems ET AL. View Insider Buying and Selling for NewStar Financial.

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 $9.13.

Analyst Ratings

Consensus Ratings for NewStar Financial (NASDAQ:NEWS) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $11.00 (20.48% upside)

Analysts' Ratings History for NewStar Financial (NASDAQ:NEWS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/20/2017ValuEngineUpgradeHold -> BuyMediumView Rating Details
4/10/2017Keefe, Bruyette & WoodsSet Price TargetHold$11.00LowView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for NewStar Financial (NASDAQ:NEWS)
Earnings by Quarter for NewStar Financial (NASDAQ:NEWS)
Earnings History by Quarter for NewStar Financial (NASDAQ:NEWS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2017        
5/3/2017Q1 2017$0.19$0.03$26.27 million$20.14 millionViewListenView Earnings Details
2/14/2017Q416$0.15$0.23$67.86 million$40.47 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
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$28.80 million$21.54 millionViewListenView Earnings Details
2/11/2015Q414$0.10$0.02$21.40 million$18.24 millionViewListenView Earnings Details
11/5/2014Q3 14$0.10$0.10$21.30 million$22.86 millionViewN/AView Earnings Details
8/6/2014Q2$0.13($0.03)$21.16 millionViewN/AView Earnings Details
5/7/2014Q114$0.12$0.11$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: $0.54 EPS
Next Year EPS Consensus Estimate: $0.74 EPS

Dividends

Dividend History by Quarter for NewStar Financial (NASDAQ:NEWS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/3/2017quarterly$0.020.82%5/25/20175/30/20176/15/2017
2/14/2017Annual$0.022/28/20173/2/20173/17/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for NewStar Financial (NASDAQ:NEWS)
Insider Ownership Percentage: 9.55%
Institutional Ownership Percentage: 81.93%
Insider Trades by Quarter for NewStar Financial (NASDAQ:NEWS)
Institutional Ownership by Quarter for NewStar Financial (NASDAQ:NEWS)
Insider Trades by Quarter for NewStar Financial (NASDAQ:NEWS)
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

Headline Trends for NewStar Financial (NASDAQ:NEWS)
Latest Headlines for NewStar Financial (NASDAQ:NEWS)
Source:
DateHeadline
americanbankingnews.com logoNewStar Financial Inc (NEWS) Upgraded at ValuEngine
www.americanbankingnews.com - May 21 at 8:02 PM
americanbankingnews.com logoNewStar Financial Inc (NEWS) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - May 6 at 9:08 AM
americanbankingnews.com logoNewStar Financial Inc (NEWS) Releases Earnings Results, Misses Expectations By $0.16 EPS
www.americanbankingnews.com - May 6 at 1:00 AM
americanbankingnews.com logoNewStar Financial Inc (NEWS) Announces Quarterly Earnings Results
www.americanbankingnews.com - May 5 at 11:53 PM
finance.yahoo.com logoEdited Transcript of NEWS earnings conference call or presentation 3-May-17 2:00pm GMT
finance.yahoo.com - May 5 at 9:18 AM
finance.yahoo.com logoNewStar Financial, Inc. breached its 50 day moving average in a Bearish Manner : NEWS-US : May 4, 2017
finance.yahoo.com - May 4 at 6:53 PM
americanbankingnews.com logoNewStar Financial (NEWS) Earning Somewhat Positive News Coverage, Report Shows
www.americanbankingnews.com - May 4 at 9:50 AM
americanbankingnews.com logoNewStar Financial Inc (NEWS) Plans Quarterly Dividend of $0.02
www.americanbankingnews.com - May 3 at 9:46 PM
reuters.com logoBRIEF-Newstar Q1 earnings per share $0.03
www.reuters.com - May 3 at 8:10 PM
seekingalpha.com logoNewStar Financial, Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 3 at 8:10 PM
finance.yahoo.com logoNewStar Reports Net Income of $1.4 Million, or $0.03 per Diluted Share, for the First Quarter of 2017 and Declares $0.02 Quarterly Dividend per Share
finance.yahoo.com - May 3 at 8:10 PM
finance.yahoo.com logoInvestor Network: NewStar Financial, Inc. to Host Earnings Call
finance.yahoo.com - May 3 at 8:10 PM
finance.yahoo.com logoNewStar posts 1Q profit
finance.yahoo.com - May 3 at 8:10 PM
americanbankingnews.com logoSomewhat Favorable News Coverage Extremely Likely to Impact NewStar Financial (NEWS) Stock Price
www.americanbankingnews.com - April 29 at 11:59 AM
americanbankingnews.com logoSomewhat Favorable News Coverage Extremely Likely to Affect NewStar Financial (NEWS) Share Price
www.americanbankingnews.com - April 26 at 12:28 PM
americanbankingnews.com logoNewStar Financial Inc (NEWS) Short Interest Down 17.2% in March
www.americanbankingnews.com - April 25 at 8:24 PM
americanbankingnews.com logoNewStar Financial Inc (NEWS) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - April 23 at 5:38 PM
americanbankingnews.com logoNewStar Financial (NEWS) Receiving Favorable News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 21 at 11:15 PM
finance.yahoo.com logoNEWSTAR SCHEDULES RELEASE OF RESULTS FOR THE FIRST QUARTER OF 2017
finance.yahoo.com - April 19 at 10:19 AM
americanbankingnews.com logoPositive News Coverage Extremely Likely to Effect NewStar Financial (NEWS) Share Price
www.americanbankingnews.com - April 14 at 2:22 PM
reuters.com logoFitch Affirms NewStar at 'BB-'; Outlook Stable
www.reuters.com - April 12 at 7:43 PM
americanbankingnews.com logoNewStar Financial Inc (NEWS) PT Set at $11.00 by Keefe, Bruyette & Woods
www.americanbankingnews.com - April 11 at 2:44 PM
finance.yahoo.com logoNewStar Commercial Loan Funding 2013-1 LLC -- Moody's assigns ratings to two classes of notes issued by NewStar Commercial Loan Funding 2017-1 LLC
finance.yahoo.com - April 7 at 11:29 AM
americanbankingnews.com logoNewStar Financial Inc (NEWS) Raised to "C-" at TheStreet
www.americanbankingnews.com - April 5 at 3:16 PM
biz.yahoo.com logoNEWSTAR FINANCIAL, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhib
biz.yahoo.com - March 21 at 6:42 PM
finance.yahoo.com logoNewStar Financial (NEWS) Rises: Stock Adds 6% in Session
finance.yahoo.com - March 10 at 9:30 AM
finance.yahoo.com logoNEWSTAR FINANCIAL, INC. Financials
finance.yahoo.com - March 8 at 7:34 PM
biz.yahoo.com logoNEWSTAR FINANCIAL, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 2 at 9:10 AM
zacks.com logoCan NewStar Financial (NEWS) Run Higher on Strong Earnings Estimate Revisions?
www.zacks.com - February 17 at 5:28 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
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
us.rd.yahoo.com - February 15 at 2:33 AM
biz.yahoo.com logoQ4 2016 NewStar Financial Inc Earnings Release - Before Market Open
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
finance.yahoo.com - February 15 at 2:33 AM
finance.yahoo.com logoNewStar posts 4Q profit
finance.yahoo.com - February 14 at 9:33 PM
seekingalpha.com logoNewStar Financial, Inc. 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - February 14 at 9:33 PM
feeds.benzinga.com logoNewStar Adopts New Dividend Policy and Declares First Quarterly Dividend
feeds.benzinga.com - February 14 at 7:50 AM
finance.yahoo.com logoNEWSTAR SCHEDULES RELEASE OF RESULTS FOR THE FOURTH QUARTER AND FISCAL YEAR OF 2016
finance.yahoo.com - January 31 at 7:45 PM
uk.finance.yahoo.com logoNEWS: Summary for NewStar Financial, Inc. - Yahoo Finance
uk.finance.yahoo.com - January 19 at 5:23 AM
us.rd.yahoo.com logoNewStar Authorizes New Share Repurchase Program
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
biz.yahoo.com - December 9 at 6:48 PM
finance.yahoo.com logoWhy NewStar Financial (NEWS) Could Be a Potential Winner
finance.yahoo.com - December 5 at 10:06 AM
streetinsider.com logoNewStar Financial (NEWS) Sells Equipment Finance Business for $140M
www.streetinsider.com - December 2 at 11:48 AM
us.rd.yahoo.com logoNewStar Sells Equipment Finance Business To Radius Bank
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
us.rd.yahoo.com - December 1 at 6:43 PM
bizjournals.com logoNewStar sells lending unit for $105M in effort to refocus business
www.bizjournals.com - December 1 at 6:43 PM
finance.yahoo.com logoNewStar Closes New $505 Million Managed Credit Fund
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)
finance.yahoo.com - November 30 at 6:55 PM
finance.yahoo.com logoFitch Rates NewStar Berkeley Fund CLO LLC; Publishes New Issue Report
finance.yahoo.com - November 30 at 11:37 AM
finance.yahoo.com logoWhy NewStar Financial (NEWS) Could Shock the Market Soon
finance.yahoo.com - November 14 at 10:31 AM
finance.yahoo.com logoEdited Transcript of NEWS earnings conference call or presentation 2-Nov-16 2:00pm GMT
finance.yahoo.com - November 3 at 10:22 AM

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Chart

NewStar Financial (NEWS) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff