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Newtek Business (NEWT)
NASDAQ:NEWT
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NEWT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.07 - $16.21
Previous Close$11.61
Volume225.63K
Average Volume (3M)167.51K
Market Cap
$301.44M
Enterprise Value$959.64M
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$658.20M
Price to Earnings (P/E)6.6
Beta1.22
Next Earnings
Nov 06, 2024EPS Estimate
$0.43Next Dividend Ex-Date
Oct 10, 2024Dividend Yield6.53%
Share Statistics
EPS (TTM)1.72
Shares Outstanding25,964,046
10 Day Avg. Volume180,125
30 Day Avg. Volume167,513
Standard Deviation0.12
R-Squared0.33
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.19
Price to Sales (P/S)1.41
Price to Cash Flow (P/CF)25.20
P/FCF Ratio25.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.57
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$13.00Price Target Upside11.97% Upside
Rating ConsensusHold
Number of Analyst Covering4
Newtek Business News
Ownership Overview
31.73% Insiders
13.14% Mutual Funds
20.56% Other Institutional Investors
34.58% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NEWT FAQ
What was Newtek Business’s price range in the past 12 months?
Newtek Business lowest stock price was $10.07 and its highest was $16.20 in the past 12 months.
What is Newtek Business’s market cap?
Currently, no data Available
When is Newtek Business’s upcoming earnings report date?
Newtek Business’s upcoming earnings report date is Nov 06, 2024 which is in 47 days.
How were Newtek Business’s earnings last quarter?
Newtek Business released its earnings results on Aug 05, 2024. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.415 by $0.015.
Is Newtek Business overvalued?
According to Wall Street analysts Newtek Business’s price is currently Undervalued.
Does Newtek Business pay dividends?
Newtek Business pays a Quarterly dividend of $0.19 which represents an annual dividend yield of 6.53%. See more information on Newtek Business dividends here
What is Newtek Business’s EPS estimate?
Newtek Business’s EPS estimate is $0.43.
How many shares outstanding does Newtek Business have?
Newtek Business has 25,964,046 shares outstanding.
What happened to Newtek Business’s price movement after its last earnings report?
Newtek Business reported an EPS of $0.43 in its last earnings report, beating expectations of $0.415. Following the earnings report the stock price went up 0.8%.
Which hedge fund is a major shareholder of Newtek Business?
Among the largest hedge funds holding Newtek Business’s share is Royce & Associates LLC. It holds Newtek Business’s shares valued at 16M.
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Newtek Business Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$13.00 (11.97% Upside)
$13.00 (11.97% Upside)
Blogger Sentiment
Neutral
NEWT Sentiment 50%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 653.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $92.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 2.7%
Last 30 Days ▲ 2.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-23.47%
12-Months-Change
Fundamentals
Return on Equity
17.74%
Trailing 12-Months
Asset Growth
12.36%
Trailing 12-Months
Company Description
Newtek Business
Newtek Business Services Corp. is a non-diversified closed-end management investment company, which engages in the provision of business and financial solutions. Its products and services include business lending, electronic payment processing, managed technology solutions (cloud computing), technology consulting, ecommerce, accounts receivable, inventory financing, personal and commercial lines insurance services, web services, data backup, storage and retrieval, and payroll and benefits solutions to small-and-medium sized businesses (SMB) accounts nationwide across all industries. The company was founded by Barry Sloane in 1998 and is headquartered in New York, NY.
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NEWT Company Deck
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NEWT Earnings Call
Q2 2024
0:00 / 0:00
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NEWT Stock 12 Month Forecast
Average Price Target
$13.00
▲(11.97% Upside)
Technical Analysis
Gladstone Capital
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Oxford Square Capital
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Sixth Street Specialty Lending
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Prospect Capital
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