NewtekOne (NASDAQ:NEWT – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 1.700-1.800 for the period, compared to the consensus EPS estimate of 1.760.
Analyst Ratings Changes
NEWT has been the topic of several research reports. Zacks Research downgraded shares of NewtekOne from a “hold” rating to a “strong sell” rating in a report on Friday, August 7th. Wall Street Zen lowered NewtekOne from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Piper Sandler cut their price target on shares of NewtekOne from $13.00 to $12.00 and set a “neutral” rating for the company in a report on Thursday. Weiss Ratings downgraded shares of NewtekOne from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, October 26th. Finally, B. Riley Financial reduced their price target on shares of NewtekOne from $25.00 to $21.00 and set a “buy” rating on the stock in a research report on Monday, August 31st. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, NewtekOne presently has a consensus rating of “Hold” and a consensus target price of $15.33.
Read Our Latest Report on NewtekOne
NewtekOne Stock Performance
NASDAQ:NEWT opened at $10.76 on Friday. The company has a debt-to-equity ratio of 7.41, a quick ratio of 0.65 and a current ratio of 0.65. NewtekOne has a fifty-two week low of $9.59 and a fifty-two week high of $15.69. The company has a 50 day simple moving average of $11.56 and a two-hundred day simple moving average of $12.85. The company has a market capitalization of $310.86 million, a PE ratio of 5.69 and a beta of 1.30.
NewtekOne (NASDAQ:NEWT – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.11). The firm had revenue of $71.78 million during the quarter, compared to analyst estimates of $77.10 million. NewtekOne had a return on equity of 15.72% and a net margin of 13.58%. Research analysts anticipate that NewtekOne will post 1.75 earnings per share for the current year.
NewtekOne Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 24th were paid a $0.19 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.76 annualized dividend and a yield of 7.1%. NewtekOne’s payout ratio is 40.21%.
About NewtekOne
NewtekOne, Inc is a financial holding company that provides banking and business services to small and medium-sized businesses throughout the United States. The company operates primarily through Newtek Bank, National Association, a national bank that offers commercial lending, Small Business Administration (SBA) loans, business deposit accounts and treasury management services.
NewtekOne’s offerings are designed to address a range of business needs, including working capital, commercial real estate and equipment financing, payment processing, payroll, insurance and technology-related services.
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