NASDAQ:NEWT - NEWTEK Business Services Stock Price, Forecast & News

NEWTEK Business Services trades on the NASDAQ under the ticker symbol "NEWT."

NEWTEK Business Services declared a quarterly dividend on Wednesday, February 5th. Shareholders of record on Wednesday, March 18th will be paid a dividend of $0.44 per share on Tuesday, March 31st. This represents a $1.76 dividend on an annualized basis and a yield of 8.37%. The ex-dividend date is Tuesday, March 17th. View NEWTEK Business Services' Dividend History.

NEWTEK Business Services Corp (NASDAQ:NEWT) announced its quarterly earnings data on Wednesday, November, 6th. The business services provider reported $0.63 earnings per share (EPS) 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 analysts' expectations 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.

NEWTEK Business Services is scheduled to release their next quarterly earnings announcement on Wednesday, March 4th 2020. View Earnings Estimates for NEWTEK Business Services.

NEWTEK Business Services will be holding an earnings conference call on Wednesday, March 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 brokerages have issued 1 year price targets for NEWTEK Business Services' shares. Their forecasts range from $19.00 to $19.00. On average, they anticipate NEWTEK Business Services' share price to reach $19.00 in the next year. This suggests that the stock has a possible downside of 9.6%. View Analyst Price Targets for NEWTEK Business Services.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NEWTEK Business Services in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for NEWTEK Business Services.

News coverage about NEWT stock has been trending negative this week, according to InfoTrie. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. NEWTEK Business Services earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned news coverage about the business services provider a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the stock's share price in the next few days. View News Stories for NEWTEK Business Services.

Some companies that are related to NEWTEK Business Services include GreenSky (GSKY), Tabula Rasa HealthCare (TRHC), CBIZ (CBZ), Viad (VVI), Phreesia (PHR), Qiwi (QIWI), LendingClub (LC), Radware (RDWR), Fiverr International (FVRR), i3 Verticals (IIIV), Conduent (CNDT), Cass Information Systems (CASS), Repay (RPAY), QuinStreet (QNST) and TechTarget (TTGT).

Based on aggregate information from My MarketBeat watchlists, some companies that other NEWTEK Business Services investors own include Energy Transfer LP Unit (ET), Ares Capital (ARCC), New Residential Investment (NRZ), AT&T (T), Hercules Capital (HTGC), Prospect Capital (PSEC), Triplepoint Venture Growth BDC (TPVG), NGL Energy Partners (NGL), Oxford Lane Capital (OXLC) and Main Street Capital (MAIN).

NEWTEK Business Services' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include UBS Group AG (1.81%), Advisors Asset Management Inc. (1.54%), LSV Asset Management (1.45%), Van ECK Associates Corp (1.12%), Mckinley Capital Management LLC Delaware (0.72%) and Wiley BROS. Aintree Capital LLC (0.39%). 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.

NEWT stock was sold by a variety of institutional investors in the last quarter, including Guggenheim Capital LLC, California Public Employees Retirement System, Advisory Services Network LLC, Advisors Asset Management Inc., Advisory Research Inc., Bank of America Corp DE, Wiley BROS. Aintree Capital LLC and C M Bidwell & Associates Ltd.. View Insider Buying and Selling for NEWTEK Business Services.

NEWT stock was purchased by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, UBS Group AG, LSV Asset Management, Dynamic Technology Lab Private Ltd, Raymond James & Associates, First Allied Advisory Services Inc., Envestnet Asset Management Inc. and Russell Investments Group Ltd.. 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.

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.

One share of NEWT stock can currently be purchased for approximately $21.02.

NEWTEK Business Services has a market capitalization of $416.62 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.

The official website for NEWTEK Business Services is http://www.newtekone.com/.

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]