NASDAQ:NEWT - NEWTEK Business Services Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $22.03 -0.47 (-2.09 %) (As of 05/22/2019 04:00 PM ET)Previous Close$22.50Today's Range$21.90 - $22.4652-Week Range$15.59 - $24.24Volume59,397 shsAverage Volume112,732 shsMarket Capitalization$421.10 millionP/E Ratio11.36Dividend Yield7.11%Beta1.39 ProfileAnalyst RatingsChartDividendEarningsFinancialsInsider 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. It operates through Electronic Payment Processing, Managed Technology Solutions, Small Business Finance, and Capcos segments. The company originates small business administration loans for the purpose of acquiring commercial real estate, machinery, equipment, and inventory, as well as to refinance debt and fund franchises, working capital, and business acquisitions; and offers small business loan servicing and consulting services to the Federal Deposit Insurance Corporation and various other financial institutions, as well as provides management services. Its electronic payment processing services include credit and debit card processing, check approval, ancillary processing equipment and software to merchants, eCommerce, electronic solutions to accept non-cash payments, check conversion, remote deposit capture, ACH processing, and electronic gift and loyalty card programs. The company also provides Website hosting, dedicated server, and cloud hosting services; Web design and development; Internet marketing; data storage and backup and other related services; and ecommerce services, such as payment processing, online shopping cart tools, Website design and Web related services; Accounts Receivable Financing, and The Secure Gateway. In addition, it offers Newtek Advantage, a mobile, real-time operating platform enabling a business to access data on a smartphone, tablet, laptop, or PC for eCommerce, credit/debit transactions, Website statistics, payroll, insurance, and business loans. Further, the company sells personal, commercial, and health/benefits lines of insurance products; and payroll management processing and employee tax filing services. It has strategic alliances with American International Group, CTAA, Navy Federal Credit Union, Credit Union National Association, Pershing, and others to provide agent services to small business clients. The firm seeks to invest in New York and Louisiana area. The firm seeks to invest $0.3 million to $3 million in businesses. It provides small business terms loans ranging from $0.05 million to $10 million. The firm also provides account receivable financing ranging from $0.05 million to $1.5 million. It also provides $0.05 million to $10 million financing to owner occupied real estate businesses whose average net income over the last 2 years must not exceed $2.5 million. Newtek Business Services Corp., formerly known as Newtek Business Services Inc., was incorporated on August 26, 2013 and is headquartered in Lake Success, New York with additional offices in Garden City, New York; Miami, Florida; Milwaukee, Wisconsin; New Orleans, Louisiana; and New York, New York. 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. 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 Ratio0.34 Current Ratio0.35 Quick Ratio0.35Price-To-Earnings Trailing P/E Ratio11.36 Forward P/E Ratio9.79 P/E GrowthN/A Sales & Book Value Annual Sales$49.51 million Price / Sales8.51 Cash Flow$1.96 per share Price / Cash Flow11.24 Book Value$15.28 per share Price / Book1.44Profitability EPS (Most Recent Fiscal Year)$1.94 Net Income$35.68 million Net Margins70.19% Return on Equity8.99% Return on Assets4.10%Miscellaneous Employees175 Outstanding Shares19,115,000Market Cap$421.10 million Next Earnings Date8/7/2019 (Estimated) OptionableOptionable 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 declared a quarterly dividend on Thursday, May 2nd. Investors of record on Friday, June 14th will be given a dividend of $0.46 per share on Friday, June 28th. This represents a $1.84 annualized dividend and a dividend yield of 8.38%. The ex-dividend date is Thursday, June 13th. This is a positive change from NEWTEK Business Services's previous quarterly dividend of $0.40. View NEWTEK Business Services' Dividend History. How were NEWTEK Business Services' earnings last quarter? NEWTEK Business Services Corp (NASDAQ:NEWT) released its earnings results on Wednesday, May, 1st. The business services provider reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.03. The business services provider earned $13.76 million during the quarter. NEWTEK Business Services had a net margin of 70.19% and a return on equity of 8.99%. 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, August 7th 2019. View Earnings Estimates for NEWTEK Business Services. What price target have analysts set for NEWT? 3 Wall Street analysts have issued 12 month price objectives for NEWTEK Business Services' shares. Their predictions range from $15.68 to $19.00. On average, they expect NEWTEK Business Services' stock price to reach $17.8933 in the next twelve months. This suggests that the stock has a possible downside of 18.5%. 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 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for NEWTEK Business Services. Has NEWTEK Business Services been receiving favorable news coverage? News stories about NEWT stock have trended negative this week, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. NEWTEK Business Services earned a coverage optimism score of -2.0 on InfoTrie's scale. They also gave press coverage about the business services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term. Who are some of NEWTEK Business Services' key competitors? Some companies that are related to NEWTEK Business Services include Cardtronics (CATM), LendingClub (LC), Viad (VVI), CBIZ (CBZ), Radware (RDWR), CAPITA GRP/ADR (CTAGY), Tabula Rasa HealthCare (TRHC), Qiwi (QIWI), Emerald Expositions Events (EEX), QuinStreet (QNST), Uxin (UXIN), Stamps.com (STMP), Cass Information Systems (CASS), COMSCORE (SCOR) 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), New Residential Investment (NRZ), Energy Transfer LP Unit (ET), AT&T (T), Prospect Capital (PSEC), Hercules Capital (HTGC), Triplepoint Venture Growth BDC (TPVG), Monroe Capital (MRCC), Ladder Capital (LADR) and Oxford Lane Capital (OXLC). 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 a number of of retail and institutional investors. Top institutional investors include Advisors Asset Management Inc. (1.95%), LSV Asset Management (1.42%), Mckinley Capital Management LLC Delaware (0.89%), Morgan Stanley (0.82%), Private Advisor Group LLC (0.48%) and Raymond James & Associates (0.34%). 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 major investors are selling NEWTEK Business Services stock? NEWT stock was sold by a variety of institutional investors in the last quarter, including Opus Capital Group LLC, Advisors Asset Management Inc., Marshall Wace LLP, JPMorgan Chase & Co., Advisory Services Network LLC, Advisor Group Inc., LSV Asset Management and Mckinley Capital Management LLC Delaware. View Insider Buying and Selling for NEWTEK Business Services. Which major investors are buying NEWTEK Business Services stock? NEWT stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Private Advisor Group LLC, Advantage Investment Management LLC, First Allied Advisory Services Inc., Ladenburg Thalmann Financial Services Inc., Commonwealth Equity Services LLC, American Asset Management Inc. and Marshall Wace North America L.P.. 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, Scottrade, Fidelity and Charles Schwab. What is NEWTEK Business Services' stock price today? One share of NEWT stock can currently be purchased for approximately $21.96. How big of a company is NEWTEK Business Services? NEWTEK Business Services has a market capitalization of $419.77 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. 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: 2.7 out of 5 ( )Outperform Votes: 253 (Vote Outperform)Underperform Votes: 222 (Vote Underperform)Total Votes: 475MarketBeat'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 5/22/2019 by MarketBeat.com StaffFeatured Article: What is a CD ladder? Receive Analysts' Upgrades and Downgrades Daily 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.