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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 - $15.49
Previous Close$14.08
Volume119.27K
Average Volume (3M)161.10K
Market Cap
$370.38M
Enterprise Value$1.03B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$660.72M
Price to Earnings (P/E)7.9
Beta1.20
Next Earnings
Mar 05, 2025EPS Estimate
$0.65Last Dividend Ex-Date
Oct 10, 2024Dividend Yield5.43%
Share Statistics
EPS (TTM)1.78
Shares Outstanding26,305,056
10 Day Avg. Volume180,866
30 Day Avg. Volume161,099
Standard Deviation0.12
R-Squared0.32
Alpha-0.00909
Financial Highlights & Ratios
Price to Book (P/B)1.39
Price to Sales (P/S)1.55
Price to Cash Flow (P/CF)-3.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.38
Enterprise Value/Gross Profit10.00T>
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$14.00Price Target Upside-3.65% Downside
Rating ConsensusHold
Number of Analyst Covering4
Newtek Business News
PremiumCompany Announcements
NewtekOne, Inc. Reports Strong Q3 2024 Earnings
PremiumCompany Announcements
NewtekOne Appoints CJ Brunet to Board of Directors
Ownership Overview
5.95% Insiders
10.28% Mutual Funds
6.56% Other Institutional Investors
65.81% 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 $15.49 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 Mar 05, 2025 which is in 102 days.
How were Newtek Business’s earnings last quarter?
Newtek Business released its earnings results on Nov 06, 2024. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.433 by $0.017.
Is Newtek Business overvalued?
According to Wall Street analysts Newtek Business’s price is currently Overvalued.
Does Newtek Business pay dividends?
Newtek Business pays a Quarterly dividend of $0.19 which represents an annual dividend yield of 5.43%. See more information on Newtek Business dividends here
What is Newtek Business’s EPS estimate?
Newtek Business’s EPS estimate is $0.65.
How many shares outstanding does Newtek Business have?
Newtek Business has 26,305,056 shares outstanding.
What happened to Newtek Business’s price movement after its last earnings report?
Newtek Business reported an EPS of $0.45 in its last earnings report, beating expectations of $0.433. Following the earnings report the stock price went down -2.534%.
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 9M.
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Newtek Business Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Hold
Average Price Target:
$14.00 (-3.65% Downside)
$14.00 (-3.65% Downside)
Blogger Sentiment
Bullish
NEWT Sentiment 66%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 533.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $508.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.0%
Last 30 Days ▼ 1.2%
Last 30 Days ▼ 1.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
13.90%
12-Months-Change
Fundamentals
Return on Equity
18.04%
Trailing 12-Months
Asset Growth
21.28%
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
Q3 2024
0:00 / 0:00
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NEWT Stock 12 Month Forecast
Average Price Target
$14.00
▼(-3.65% Downside)
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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