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
  • Sub-Industry: Specialized Finance
  • Symbol: NASDAQ:NEWS
  • CUSIP: 65251F10
  • Web: www.newstarfin.com
Capitalization:
  • Market Cap: $507.61 million
  • Outstanding Shares: 41,607,000
Average Prices:
  • 50 Day Moving Avg: $11.50
  • 200 Day Moving Avg: $10.68
  • 52 Week Range: $8.03 - $12.51
P/E:
  • Trailing P/E Ratio: 22.09
  • Foreward P/E Ratio: 17.68
  • P/E Growth: 1.88
Sales & Book Value:
  • Annual Revenue: $95.31 million
  • Price / Sales: 5.33
  • Book Value: $15.40 per share
  • Price / Book: 0.79
Dividend:
  • Annual Dividend: $0.08
  • Dividend Yield: 0.7%
Profitability:
  • Net Margins: 8.65%
  • Return on Equity: 3.76%
  • Return on Assets: 0.60%
Debt:
  • Debt-to-Equity Ratio: 4.46%
  • Current Ratio: 10.67%
  • Quick Ratio: 9.67%
Misc:
  • Average Volume: 119,628 shs.
  • Beta: 2.06
  • Short Ratio: 11.15
 

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 declared a quarterly dividend on Thursday, August 3rd. Stockholders of record on Tuesday, August 29th will be given a dividend of $0.02 per share on Friday, September 15th. This represents a $0.08 annualized dividend and a dividend yield of 0.66%. The ex-dividend date is Friday, August 25th. View NewStar Financial's Dividend History.

How were NewStar Financial's earnings last quarter?

NewStar Financial, Inc. (NASDAQ:NEWS) posted its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.10 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.15 by $0.05. The business had revenue of $20.19 million for the quarter, compared to analysts' expectations of $24.32 million. NewStar Financial had a return on equity of 3.76% and a net margin of 8.65%. 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, October, 31st 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 brokerages have issued 12 month price targets for NewStar Financial's shares. 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.

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

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 $12.20.


MarketBeat Community Rating for NewStar Financial (NASDAQ NEWS)
Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  68 (Vote Outperform)
Underperform Votes:  148 (Vote Underperform)
Total Votes:  216
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: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $11.00 (9.84% downside)
Consensus Price Target History for NewStar Financial (NASDAQ:NEWS)
Price Target History for NewStar Financial (NASDAQ:NEWS)
Analysts' Ratings History for NewStar Financial (NASDAQ:NEWS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/17/2017Janney Montgomery ScottDowngradeBuy -> NeutralN/AView Rating Details
4/10/2017Keefe, Bruyette & WoodsSet Price TargetHold$11.00LowView Rating Details
(Data available from 10/20/2015 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
10/31/2017$0.14N/AView Earnings Details
8/2/2017Q2 2017$0.15$0.10$24.32 million$20.19 millionViewListenView Earnings Details
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: $0.43 EPS
Next Year EPS Consensus Estimate: $0.69 EPS

Dividends

Current Dividend Information for NewStar Financial (NASDAQ:NEWS)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.08
Dividend Yield:0.66%
Payout Ratio:14.55% (Trailing 12 Months of Earnings)
18.60% (Based on This Year's Estimates)
11.59% (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
8/3/2017quarterly$0.020.76%8/25/20178/29/20179/15/2017
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: 72.77%
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
businesswire.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Concerning Whether the Sale of NewStar Financial, Inc. to First Eagle Investment Management is ...
www.businesswire.com - October 19 at 6:43 AM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Concerning Whether the Sale of NewStar Financial, Inc. to First Eagle Investment Management is Fair to Shareholders
finance.yahoo.com - October 19 at 6:43 AM
finance.yahoo.com logoNEWSTAR FINANCIAL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of NewStar Financial Inc.
finance.yahoo.com - October 19 at 6:43 AM
finance.yahoo.com logoHarwood Feffer LLP Announces Investigation of NewStar Financial, Inc.
finance.yahoo.com - October 19 at 6:43 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Pomerantz LLP Investigates Claims That the Merger May Not Be in the Best Interest of Investors of NewStar Financial, Inc. - NEWS
finance.yahoo.com - October 19 at 6:42 AM
finance.yahoo.com logoNewStar Financial (NEWS) Alert: Johnson Fistel Investigates Proposed Sale of NewStar Financial, Inc.; Are Shareholders Getting a Fair Deal?
finance.yahoo.com - October 18 at 7:33 AM
finance.yahoo.com logoALERT: Rowley Law PLLC is Investigating Proposed Acquisition of NewStar Financial, Inc.
finance.yahoo.com - October 18 at 7:33 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Concerning Whether the Sale of NewStar Financial, Inc. to First Eagle Investment Management is Fair to Shareholders
finance.yahoo.com - October 18 at 7:33 AM
finance.yahoo.com logoNY firm to acquire NewStar Financial for $512M
finance.yahoo.com - October 18 at 7:33 AM
finance.yahoo.com logoNEWSTAR FINANCIAL, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout
finance.yahoo.com - October 18 at 7:33 AM
americanbankingnews.com logoNewStar Financial, Inc. (NEWS) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - October 17 at 1:16 PM
americanbankingnews.com logoNewStar Financial, Inc. (NEWS) Cut to "Neutral" at Janney Montgomery Scott
www.americanbankingnews.com - October 17 at 10:24 AM
finance.yahoo.com logoNewStar Financial Inc (NEWS): Can It Deliver A Superior ROE To The Industry?
finance.yahoo.com - October 2 at 10:53 PM
finance.yahoo.com logoNewStar Financial, Inc. :NEWS-US: Earnings Analysis: Q2, 2017 By the Numbers : September 28, 2017
finance.yahoo.com - October 2 at 5:52 PM
finance.yahoo.com logoETFs with exposure to NewStar Financial, Inc. : September 29, 2017
finance.yahoo.com - October 2 at 5:52 PM
finance.yahoo.com logoNewStar Financial, Inc. breached its 50 day moving average in a Bullish Manner : NEWS-US : September 5, 2017
finance.yahoo.com - September 6 at 6:43 AM
thestreet.com logoReminder - NewStar Financial (NEWS) Goes Ex-Dividend Soon
www.thestreet.com - August 24 at 9:59 AM
finance.yahoo.com logoNewStar Financial, Inc. breached its 50 day moving average in a Bearish Manner : NEWS-US : August 24, 2017
finance.yahoo.com - August 24 at 9:59 AM
americanbankingnews.com logoNewStar Financial (NASDAQ:NEWS) versus Banco Latinoamericano de Comercio Exterior, (BLX) Head to Head Contrast
www.americanbankingnews.com - August 12 at 8:12 PM
finance.yahoo.com logoNewStar Financial, Inc. breached its 50 day moving average in a Bearish Manner : NEWS-US : August 10, 2017
finance.yahoo.com - August 11 at 6:51 AM
americanbankingnews.com logoHead-To-Head Comparison: NewStar Financial (NASDAQ:NEWS) vs. Federal Agricultural Mortgage Corporation (AGM)
www.americanbankingnews.com - August 8 at 6:24 PM
reuters.com logoBRIEF-Newstar Financial reports Q2 earnings of $0.10/shr
www.reuters.com - August 4 at 3:44 PM
americanbankingnews.com logoNewStar Financial, Inc. Announces Quarterly Dividend of $0.02 (NASDAQ:NEWS)
www.americanbankingnews.com - August 3 at 6:20 PM
americanbankingnews.com logoNewStar Financial, Inc. (NEWS) Releases Quarterly Earnings Results, Misses Estimates By $0.05 EPS
www.americanbankingnews.com - August 3 at 4:34 PM
americanbankingnews.com logoFinancial Review: NewStar Financial (NASDAQ:NEWS) & Federal Agricultural Mortgage Corporation (AGM)
www.americanbankingnews.com - August 3 at 4:16 PM
finance.yahoo.com logoEdited Transcript of NEWS earnings conference call or presentation 2-Aug-17 2:00pm GMT
finance.yahoo.com - August 3 at 6:17 AM
finance.yahoo.com logoNewStar posts 2Q profit
finance.yahoo.com - August 3 at 6:17 AM
americanbankingnews.com logoAnalyzing NewStar Financial (NEWS) and Federal Agricultural Mortgage Corporation (AGM)
www.americanbankingnews.com - August 1 at 8:04 AM
americanbankingnews.com logoAnalyzing Banco Latinoamericano de Comercio Exterior, (BLX) & NewStar Financial (NASDAQ:NEWS)
www.americanbankingnews.com - August 1 at 7:50 AM
americanbankingnews.com logoHead to Head Comparison: TCG BDC INC (CGBD) vs. NewStar Financial (NEWS)
www.americanbankingnews.com - July 29 at 7:28 AM
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
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
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
reuters.com logoFitch Affirms NewStar at 'BB-'; Outlook Stable
www.reuters.com - April 12 at 7:43 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
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
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
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

Social

Chart

NewStar Financial (NEWS) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.