NASDAQ:NEWT - NEWTEK Business Services Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding NEWTEK Business Services Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $23.55 +0.29 (+1.25 %) (As of 12/6/2019 04:00 PM ET) Add Compare Today's Range$23.34Now: $23.55▼$23.6850-Day Range$21.72MA: $22.67▼$23.5652-Week Range$15.59Now: $23.55▼$23.99Volume198,852 shsAverage Volume116,611 shsMarket Capitalization$466.67 millionP/E Ratio12.14Dividend Yield9.97%Beta1.22 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Newtek Business Services Corp. is a business development company specializing in providing financial and business services to the small-and medium-sized business market in the United States. The firm also seeks to invest in early stage businesses. The firm seeks to makes both debt and equity investments. Under debt investments, it focuses on first lien loans, which have terms of 1 to 25 years; second lien loans, which have terms of 5 to 25 years, and unsecured loans, which are provided to meet short-term funding needs and are repaid within 6 to 12 months. Read More… Industry, Sector and Symbol Stock Exchange NASDAQ Industry Business services, not elsewhere classified Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:NEWT Previous Symbol CUSIPN/A CIK1587987 Webhttp://www.newtekone.com/ Phone212-356-9500Debt Debt-to-Equity Ratio0.49 Current Ratio0.31 Quick Ratio0.31Price-To-Earnings Trailing P/E Ratio12.14 Forward P/E Ratio9.94 P/E GrowthN/A Sales & Book Value Annual Sales$49.51 million Price / Sales9.43 Cash Flow$2.01 per share Price / Cash Flow11.72 Book Value$15.21 per share Price / Book1.55Profitability EPS (Most Recent Fiscal Year)$1.94 Net Income$35.68 million Net Margins61.37% Return on Equity14.42% Return on Assets6.11%Miscellaneous Employees175 Outstanding Shares19,816,000Market Cap$466.67 million Next Earnings Date3/4/2020 (Estimated) OptionableOptionable Receive NEWT News and Ratings via Email Sign-up to receive the latest news and ratings for NEWT and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:NEWT Rates by TradingView NEWTEK Business Services (NASDAQ:NEWT) Frequently Asked Questions What is NEWTEK Business Services' stock symbol? NEWTEK Business Services trades on the NASDAQ under the ticker symbol "NEWT." How often does NEWTEK Business Services pay dividends? What is the dividend yield for NEWTEK Business Services? NEWTEK Business Services announced a quarterly dividend on Thursday, October 10th. Shareholders of record on Monday, December 16th will be given a dividend of $0.71 per share on Monday, December 30th. This represents a $2.84 dividend on an annualized basis and a yield of 12.06%. The ex-dividend date of this dividend is Friday, December 13th. This is a boost from NEWTEK Business Services's previous quarterly dividend of $0.58. View NEWTEK Business Services' Dividend History. How were NEWTEK Business Services' earnings last quarter? NEWTEK Business Services Corp (NASDAQ:NEWT) issued its quarterly earnings data on Wednesday, November, 6th. The business services provider reported $0.63 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.56 by $0.07. The business services provider earned $16.02 million during the quarter, compared to analyst estimates of $13.68 million. NEWTEK Business Services had a return on equity of 14.42% and a net margin of 61.37%. View NEWTEK Business Services' Earnings History. When is NEWTEK Business Services' next earnings date? NEWTEK Business Services is scheduled to release their next quarterly earnings announcement on Wednesday, March 4th 2020. View Earnings Estimates for NEWTEK Business Services. What price target have analysts set for NEWT? 3 Wall Street analysts have issued 1-year price targets for NEWTEK Business Services' stock. Their forecasts range from $15.68 to $19.00. On average, they anticipate NEWTEK Business Services' share price to reach $17.89 in the next twelve months. This suggests that the stock has a possible downside of 24.0%. View Analyst Price Targets for NEWTEK Business Services. What is the consensus analysts' recommendation for NEWTEK Business Services? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NEWTEK Business Services in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for NEWTEK Business Services. Has NEWTEK Business Services been receiving favorable news coverage? Headlines about NEWT stock have trended extremely negative this week, according to InfoTrie. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. NEWTEK Business Services earned a news impact score of -4.2 on InfoTrie's scale. They also assigned media coverage about the business services provider a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the company's share price in the immediate future. View News Stories for NEWTEK Business Services. Are investors shorting NEWTEK Business Services? NEWTEK Business Services saw a increase in short interest in November. As of November 15th, there was short interest totalling 1,460,000 shares, an increase of 5.0% from the October 31st total of 1,390,000 shares. Based on an average trading volume of 130,900 shares, the short-interest ratio is presently 11.2 days. Approximately 8.0% of the company's stock are short sold. View NEWTEK Business Services' Current Options Chain. Who are some of NEWTEK Business Services' key competitors? Some companies that are related to NEWTEK Business Services include Cardtronics (CATM), CBIZ (CBZ), Stamps.com (STMP), Conduent (CNDT), Viad (VVI), GreenSky (GSKY), Qiwi (QIWI), LendingClub (LC), Radware (RDWR), Phreesia (PHR), Tabula Rasa HealthCare (TRHC), Cass Information Systems (CASS), QuinStreet (QNST), B. Riley Financial (RILY) and i3 Verticals (IIIV). What other stocks do shareholders of NEWTEK Business Services own? Based on aggregate information from My MarketBeat watchlists, some companies that other NEWTEK Business Services investors own include Ares Capital (ARCC), Energy Transfer LP Unit (ET), AT&T (T), New Residential Investment (NRZ), Hercules Capital (HTGC), Prospect Capital (PSEC), Triplepoint Venture Growth BDC (TPVG), Oxford Lane Capital (OXLC), Gladstone Investment (GAIN) and ANNALY CAP MGMT/SH (NLY). Who are NEWTEK Business Services' key executives? NEWTEK Business Services' management team includes the folowing people: Mr. Barry Scott Sloane, Chairman, Pres & CEO (Age 59)Ms. Jennifer Catherine Eddelson CPA, Exec. VP & Chief Accounting Officer (Age 46)Mr. Michael Adam Schwartz, Chief Legal Officer, Chief Compliance Officer & Sec. (Age 58)Mr. Peter Mathison Downs, Chief Lending Officer & Director (Age 54)Ms. Jayne L. Cavuoto-Krafchik, Director of Investor Relations Who are NEWTEK Business Services' major shareholders? NEWTEK Business Services' stock is owned by many different of institutional and retail investors. Top institutional investors include Millennium Management LLC (0.39%), Wiley BROS. Aintree Capital LLC (0.37%), California Public Employees Retirement System (0.30%), Commonwealth Equity Services LLC (0.28%), Navellier & Associates Inc (0.28%) and Stifel Financial Corp (0.21%). Company insiders that own NEWTEK Business Services stock include Barry Sloane, Gregory L Zink, Peter Mathison Downs, Richard J Salute and Salvatore Francis Mulia. View Institutional Ownership Trends for NEWTEK Business Services. Which institutional investors are selling NEWTEK Business Services stock? NEWT stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Wiley BROS. Aintree Capital LLC and Commonwealth Equity Services LLC. View Insider Buying and Selling for NEWTEK Business Services. Which institutional investors are buying NEWTEK Business Services stock? NEWT stock was purchased by a variety of institutional investors in the last quarter, including Navellier & Associates Inc, Cavalier Investments LLC, D.A. Davidson & CO., Envestnet Asset Management Inc., First Allied Advisory Services Inc., California Public Employees Retirement System, AE Wealth Management LLC and American Asset Management Inc.. Company insiders that have bought NEWTEK Business Services stock in the last two years include Barry Sloane, Gregory L Zink, Peter Mathison Downs, Richard J Salute and Salvatore Francis Mulia. View Insider Buying and Selling for NEWTEK Business Services. How do I buy shares of NEWTEK Business Services? Shares of NEWT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab. What is NEWTEK Business Services' stock price today? One share of NEWT stock can currently be purchased for approximately $23.55. How big of a company is NEWTEK Business Services? NEWTEK Business Services has a market capitalization of $466.67 million and generates $49.51 million in revenue each year. The business services provider earns $35.68 million in net income (profit) each year or $1.94 on an earnings per share basis. NEWTEK Business Services employs 175 workers across the globe.View Additional Information About NEWTEK Business Services. What is NEWTEK Business Services' official website? The official website for NEWTEK Business Services is http://www.newtekone.com/. How can I contact NEWTEK Business Services? NEWTEK Business Services' mailing address is 1981 Marcus Avenue Suite 130, Lake Success NY, 11042. The business services provider can be reached via phone at 212-356-9500 or via email at [email protected] MarketBeat Community Rating for NEWTEK Business Services (NASDAQ NEWT)Community Ranking: 2.6 out of 5 ( )Outperform Votes: 285 (Vote Outperform)Underperform Votes: 273 (Vote Underperform)Total Votes: 558MarketBeat's community ratings are surveys of what our community members think about NEWTEK Business Services and other stocks. Vote "Outperform" if you believe NEWT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NEWT will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 12/7/2019 by MarketBeat.com StaffFeatured Article: What does a market perform rating mean?