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Newtek Business (NEWT)
NASDAQ:NEWT
Newtek Business (NEWT) Stock Price & Analysis
739 Followers
NEWT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.90 - $18.56
Previous Close$12.27
Volume133.70K
Average Volume (3M)146.61K
Market Cap
$303.18M
Enterprise Value$954.25M
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$651.07M
Price to Earnings (P/E)6.5
Beta1.08
Next Earnings
May 06, 2024EPS Estimate
$0.22Last Dividend Ex-Date
Mar 28, 2024Dividend Yield6.04%
Share Statistics
EPS (TTM)1.62
Shares Outstanding24,708,771
10 Day Avg. Volume179,584
30 Day Avg. Volume146,608
Standard Deviation0.11
R-Squared0.34
Alpha-0.00968
Financial Highlights & Ratios
Price to Book (P/B)1.50
Price to Sales (P/S)1.47
Price to Cash Flow (P/CF)-1.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue18.02
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda13.34
Forecast
1Y Price Target
$14.00Price Target Upside14.10% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Newtek Business News
PremiumCompany Announcements
Newtek Business Executives Secure Extended Contracts and Raises
Ownership Overview
33.16% Insiders
14.59% Mutual Funds
23.10% Other Institutional Investors
29.15% 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 $9.90 and its highest was $18.56 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 May 06, 2024 which is in 17 days.
How were Newtek Business’s earnings last quarter?
Newtek Business released its earnings results on Mar 06, 2024. The company reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.578 by -$0.048.
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 6.04%. See more information on Newtek Business dividends here
What is Newtek Business’s EPS estimate?
Newtek Business’s EPS estimate is $0.22.
How many shares outstanding does Newtek Business have?
Newtek Business has 24,708,770 shares outstanding.
What happened to Newtek Business’s price movement after its last earnings report?
Newtek Business reported an EPS of $0.53 in its last earnings report, missing expectations of $0.578. Following the earnings report the stock price went up 4.566%.
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 28M.
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Newtek Business Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$14.00 (14.10% Upside)
$14.00 (14.10% Upside)
Blogger Sentiment
Neutral
NEWT Sentiment 75%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 58.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▼ 4.9%
Last 30 Days ▼ 4.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
5.51%
12-Months-Change
Fundamentals
Return on Equity
13.42%
Trailing 12-Months
Asset Growth
43.85%
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 Earnings Call
Q4 2024
0:00 / 0:00
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NEWT Stock 12 Months Forecast
Average Price Target
$14.00
▲(14.10% Upside)
Technical Analysis
Best Analysts Covering NEWT
1 Year
1 Year Success Rate
2/5 ratings generated profit
1 Year Average Return
-9.42%
reiterated a buy rating last month
Copying Bryce Rowe's trades and holding each position for 1 Year would result in 40.00% of your transactions generating a profit, with an average return of -9.42% per trade.
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