NewtekOne Stock Price, News & Analysis (NASDAQ:NEWT)

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NewtekOne in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" NEWT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NEWT, but not buy additional shares or sell existing shares.
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4 equities research analysts have issued 1 year price objectives for NewtekOne's stock. Their NEWT share price targets range from $13.00 to $21.00. On average, they expect the company's share price to reach $17.50 in the next twelve months. This suggests a possible upside of 25.5% from the stock's current price.
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NewtekOne's stock was trading at $16.25 on January 1st, 2023. Since then, NEWT stock has decreased by 14.2% and is now trading at $13.94.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 26th 2024.
View our NEWT earnings forecast.

NewtekOne, Inc. (NASDAQ:NEWT) released its quarterly earnings results on Tuesday, November, 7th. The business services provider reported $0.38 earnings per share for the quarter, beating analysts' consensus estimates of $0.37 by $0.01. The business services provider earned $50.97 million during the quarter, compared to analysts' expectations of $54.33 million. NewtekOne had a net margin of 11.78% and a trailing twelve-month return on equity of 12.24%.

NewtekOne declared a quarterly dividend on Wednesday, September 27th. Shareholders of record on Tuesday, October 10th will be given a dividend of $0.18 per share on Friday, October 20th. This represents a $0.72 dividend on an annualized basis and a yield of 5.16%. The ex-dividend date of this dividend is Friday, October 6th.
Read our dividend analysis for NEWT.

NewtekOne (NASDAQ:NEWT) pays an annual dividend of $0.72 per share and currently has a dividend yield of 5.16%. NEWT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 72.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NEWT will have a dividend payout ratio of 38.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NEWT.

Invesco KBW High Dividend Yield Financial ETF holds 365,861 shares of NEWT stock, representing 1.76% of its portfolio.

95 employees have rated NewtekOne Chief Executive Officer Barry Sloane on Glassdoor.com. Barry Sloane has an approval rating of 65% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other NewtekOne investors own include Ares Capital (ARCC), Energy Transfer (ET), AT&T (T), New Residential Investment (NRZ), Hercules Capital (HTGC), Annaly Capital Management (NLY), Enterprise Products Partners (EPD), Prospect Capital (PSEC), TriplePoint Venture Growth BDC (TPVG) and NGL Energy Partners (NGL).

NewtekOne's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Invesco Ltd. (0.91%), Northern Trust Corp (0.78%), Charles Schwab Investment Management Inc. (0.74%), Aptus Capital Advisors LLC (0.50%), American Century Companies Inc. (0.44%) and Ancora Advisors LLC (0.34%). Insiders that own company stock include Barry Sloane, Gregory L Zink, Nicholas J Leger, Nicolas Young, Peter Mathison Downs, Richard J Salute and Salvatore Francis Mulia.
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Shares of NEWT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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