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: Corporate Financial Services - NEC
  • Sub-Industry: Specialized Finance
  • Symbol: NASDAQ:NEWS
  • CUSIP: 65251F10
  • Web: www.newstarfin.com
Capitalization:
  • Market Cap: $461.54 million
  • Outstanding Shares: 42,073,000
Average Prices:
  • 50 Day Moving Avg: $10.66
  • 200 Day Moving Avg: $10.06
  • 52 Week Range: $8.03 - $11.37
P/E:
  • Trailing P/E Ratio: 19.59
  • Foreward P/E Ratio: 16.67
  • P/E Growth: 1.36
Sales & Book Value:
  • Annual Revenue: $99.47 million
  • Price / Sales: 4.65
  • Book Value: $15.21 per share
  • Price / Book: 0.72
Dividend:
  • Annual Dividend: $0.08
  • Dividend Yield: 0.7%
Profitability:
  • Net Margins: 8.98%
  • Return on Equity: 3.91%
  • Return on Assets: 0.62%
Debt:
  • Debt-to-Equity Ratio: 4.50%
  • Current Ratio: 11.23%
  • Quick Ratio: 10.47%
Misc:
  • Average Volume: 80,129 shs.
  • Beta: 2.02
  • Short Ratio: 4.22
 
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. Investors 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 dividend on an annualized basis and a yield of 0.73%. 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 quarterly earnings data on Wednesday, May, 3rd. The company reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.19 by $0.16. The firm earned $20.14 million during the quarter, compared to analyst estimates of $26.27 million. NewStar Financial had a return on equity of 3.91% and a net margin of 8.98%. 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?

1 brokers have issued 12 month price objectives for NewStar Financial's shares. Their forecasts range from $11.00 to $11.00. On average, they anticipate NewStar Financial's stock price to reach $11.00 in the next twelve months. View Analyst Ratings for NewStar Financial.

Who are some of NewStar Financial's key competitors?

Who are NewStar Financial's key executives?

NewStar Financial's management team includes the folowing people:

  • Timothy J. Conway, Chairman of the Board, President, Chief Executive Officer
  • John K. Bray, Chief Financial Officer
  • Daniel D. McCready, Chief Investment Officer
  • Patrick F. McAuliffe, Managing Director, Head - Leveraged Finance Origination and Middle Market Lending Division
  • Mark du Four, Head - Capital Markets
  • Richard E. Thornburgh, Lead Independent Director
  • Charles N. Bralver, Independent Director
  • Bradley E. Cooper, Independent Director
  • Brian L. P. Fallon, Independent Director
  • Frank R. Noonan, Independent Director

Who owns NewStar Financial stock?

NewStar Financial's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Sippican Capital Advisors (0.49%), Municipal Employees Retirement System of Michigan (0.27%), Spark Investment Management LLC (0.17%), Kirr Marbach & Co. LLC IN (0.10%) and Russell Investments Group Ltd. (0.09%). 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 Sippican Capital Advisors. 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 purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Kirr Marbach & Co. LLC IN and Municipal Employees Retirement System of Michigan. 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.

What is NewStar Financial's stock price today?

One share of NewStar Financial stock can currently be purchased for approximately $11.00.


MarketBeat Community Rating for NewStar Financial (NASDAQ NEWS)
Community Ranking:  1.3 out of 5 ()
Outperform Votes:  41 (Vote Outperform)
Underperform Votes:  116 (Vote Underperform)
Total Votes:  157
MarketBeat's community ratings are surveys of what our community members think about NewStar Financial and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for NewStar Financial (NASDAQ:NEWS) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $11.00 (0.00% downside)

Analysts' Ratings History for NewStar Financial (NASDAQ:NEWS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/10/2017Keefe, Bruyette & WoodsSet Price TargetHold$11.00LowView Rating Details
(Data available from 7/28/2015 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: $0.51 EPS
Next Year EPS Consensus Estimate: $0.66 EPS

Dividends

Current Dividend Information for NewStar Financial (NASDAQ:NEWS)
Most Recent Dividend:6/15/2017
Annual Dividend:$0.08
Dividend Yield:0.73%
Payout Ratio:14.29% (Trailing 12 Months of Earnings)
15.69% (Based on This Year's Estimates)
12.12% (Based on Next Year's Estimates)
Dividend Payments by Quarter for NewStar Financial (NASDAQ:NEWS)

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: 8.10%
Institutional Ownership Percentage: 73.54%
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 logoFinancial Analysis: Banco Latinoamericano de Comercio Exterior, (BLX) versus NewStar Financial (NEWS)
www.americanbankingnews.com - July 20 at 5:21 PM
globenewswire.com logoNewStar Schedules Release of Results for the Second Quarter of 2017
globenewswire.com - July 20 at 2:43 AM
americanbankingnews.com logoComparing Federal Agricultural Mortgage Corporation (AGM) & NewStar Financial (NASDAQ:NEWS)
www.americanbankingnews.com - July 18 at 10:18 PM
americanbankingnews.com logoFinancial Comparison: NewStar Financial (NEWS) versus Federal Agricultural Mortgage Corporation (AGM)
www.americanbankingnews.com - July 17 at 6:25 PM
americanbankingnews.com logoZacks Investment Research Upgrades NewStar Financial, Inc. (NEWS) to "Hold"
www.americanbankingnews.com - July 9 at 10:58 PM
feeds.benzinga.com logoNewStar to Add $726 Million of Managed Assets through Acquisition of Investment Manager
feeds.benzinga.com - July 7 at 7:30 AM
feeds.benzinga.com logoFifth Street Asset Management Inc. Announces Sale of Middle Market CLO Business to NewStar Financial, Inc.
feeds.benzinga.com - July 7 at 7:30 AM
finance.yahoo.com logoETFs with exposure to NewStar Financial, Inc. : June 20, 2017
finance.yahoo.com - June 20 at 7:52 PM
finance.yahoo.com logoNewStar Financial, Inc. :NEWS-US: Earnings Analysis: Q1, 2017 By the Numbers : June 19, 2017
finance.yahoo.com - June 19 at 11:12 AM
americanbankingnews.com logoNewStar Financial (NEWS) & Monroe Capital Corporation (MRCC) Head-To-Head Review
www.americanbankingnews.com - June 18 at 8:19 AM
americanbankingnews.com logoMonroe Capital Corporation (MRCC) vs. NewStar Financial (NEWS) Head-To-Head Analysis
www.americanbankingnews.com - June 15 at 8:44 PM
americanbankingnews.com logoFinancial Contrast: Monroe Capital Corporation (MRCC) vs. NewStar Financial (NEWS)
www.americanbankingnews.com - June 14 at 6:46 PM
finance.yahoo.com logoNewStar Financial, Inc. breached its 50 day moving average in a Bullish Manner : NEWS-US : June 12, 2017
finance.yahoo.com - June 12 at 8:56 AM
finance.yahoo.com logoETFs with exposure to NewStar Financial, Inc. : June 9, 2017
finance.yahoo.com - June 9 at 7:01 PM
finance.yahoo.com logoNaspers investors see billions trapped by China success
finance.yahoo.com - May 24 at 10:30 AM
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

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Chart

NewStar Financial (NEWS) Chart for Friday, July, 28, 2017

This page was last updated on 7/28/2017 by MarketBeat.com Staff