NewtekOne (NASDAQ:NEWT – Get Free Report) updated its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 1.700-1.800 for the period, compared to the consensus estimate of 2.080. The company issued revenue guidance of -. NewtekOne also updated its FY 2027 guidance to 2.000-2.200 EPS.
Analyst Ratings Changes
NEWT has been the topic of several recent analyst reports. Wall Street Zen lowered NewtekOne from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Zacks Research lowered shares of NewtekOne from a “hold” rating to a “strong sell” rating in a research note on Friday, August 7th. Keefe, Bruyette & Woods boosted their target price on shares of NewtekOne from $12.00 to $13.00 and gave the company a “market perform” rating in a research report on Friday, May 1st. Piper Sandler increased their target price on shares of NewtekOne from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Finally, Raymond James Financial upgraded shares of NewtekOne to a “hold” rating in a report on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $15.33.
View Our Latest Stock Analysis on NewtekOne
NewtekOne Stock Down 3.3%
NewtekOne (NASDAQ:NEWT – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The business services provider reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. NewtekOne had a return on equity of 17.97% and a net margin of 15.57%.The firm had revenue of $90.05 million during the quarter, compared to the consensus estimate of $75.00 million. On average, sell-side analysts forecast that NewtekOne will post 2.18 EPS for the current fiscal year.
NewtekOne Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Wednesday, June 24th were paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date was Wednesday, June 24th. NewtekOne’s payout ratio is 34.23%.
Insiders Place Their Bets
In other NewtekOne news, CEO Barry Sloane acquired 11,000 shares of the company’s stock in a transaction on Monday, June 15th. The shares were purchased at an average cost of $14.21 per share, with a total value of $156,310.00. Following the completion of the purchase, the chief executive officer owned 1,176,914 shares of the company’s stock, valued at approximately $16,723,947.94. This represents a 0.94% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have acquired a total of 17,500 shares of company stock worth $246,965 in the last 90 days. Corporate insiders own 5.90% of the company’s stock.
Institutional Investors Weigh In On NewtekOne
Hedge funds and other institutional investors have recently made changes to their positions in the business. Advisory Services Network LLC acquired a new position in NewtekOne during the 3rd quarter valued at about $46,000. Quantbot Technologies LP bought a new position in shares of NewtekOne in the second quarter valued at approximately $107,000. Cerity Partners LLC lifted its holdings in shares of NewtekOne by 18.0% in the fourth quarter. Cerity Partners LLC now owns 13,714 shares of the business services provider’s stock valued at $156,000 after purchasing an additional 2,095 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in shares of NewtekOne during the third quarter valued at approximately $191,000. Finally, Kestra Advisory Services LLC grew its holdings in NewtekOne by 13.7% during the fourth quarter. Kestra Advisory Services LLC now owns 17,742 shares of the business services provider’s stock worth $201,000 after buying an additional 2,136 shares in the last quarter. 38.35% of the stock is owned by institutional investors.
About NewtekOne
NewtekOne, Inc (NASDAQ: NEWT) is a publicly traded business development company that specializes in providing financial and business services to small and medium‐sized enterprises across the United States. Operating under the trade name The Newtek Small Business Finance, the company offers a diversified array of lending solutions designed to meet the working capital, equipment acquisition and growth needs of its clients.
The company’s core lending offerings include Small Business Administration (SBA) 7(a) loans, equipment financing, lines of credit and commercial real estate financing.
Read More
- Five stocks we like better than NewtekOne
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
Receive News & Ratings for NewtekOne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NewtekOne and related companies with MarketBeat.com's FREE daily email newsletter.
