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Newtek Business (NEWT)
NASDAQ:NEWT
Newtek Business (NEWT) Stock Price & Analysis
740 Followers
NEWT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.90 - $18.56
Previous Close$14.02
Volume107.05K
Average Volume (3M)151.57K
Market Cap
$346.77M
Enterprise Value$997.84M
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$651.07M
Price to Earnings (P/E)9.1
Beta1.17
Next Earnings
Aug 06, 2024EPS Estimate
$0.41Last Dividend Ex-Date
Mar 28, 2024Dividend Yield5.25%
Share Statistics
EPS (TTM)1.54
Shares Outstanding24,733,816
10 Day Avg. Volume176,710
30 Day Avg. Volume151,566
Standard Deviation0.11
R-Squared0.34
Alpha-0.00921
Financial Highlights & Ratios
Price to Book (P/B)1.73
Price to Sales (P/S)1.71
Price to Cash Flow (P/CF)-1.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue18.84
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda13.95
Forecast
1Y Price Target
$13.25Price Target Upside-3.07% Downside
Rating ConsensusHold
Number of Analyst Covering4
Newtek Business News
Ownership Overview
33.09% Insiders
14.74% Mutual Funds
22.07% Other Institutional Investors
30.10% 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 Aug 06, 2024 which is in 80 days.
How were Newtek Business’s earnings last quarter?
Newtek Business released its earnings results on May 06, 2024. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.224 by $0.156.
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 5.25%. See more information on Newtek Business dividends here
What is Newtek Business’s EPS estimate?
Newtek Business’s EPS estimate is $0.41.
How many shares outstanding does Newtek Business have?
Newtek Business has 24,733,816 shares outstanding.
What happened to Newtek Business’s price movement after its last earnings report?
Newtek Business reported an EPS of $0.38 in its last earnings report, beating expectations of $0.224. Following the earnings report the stock price went up 11.282%.
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
Hold
Average Price Target:
$13.25 (-3.07% Downside)
$13.25 (-3.07% Downside)
Blogger Sentiment
Neutral
NEWT Sentiment 60%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 58.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $155.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 7.4%
Last 30 Days ▼ 7.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
33.88%
12-Months-Change
Fundamentals
Return on Equity
16.86%
Trailing 12-Months
Asset Growth
20.79%
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
Q1 2024
0:00 / 0:00
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NEWT Stock 12 Month Forecast
Average Price Target
$13.25
▼(-3.07% Downside)
Technical Analysis
Gladstone Capital
―
Main Street Capital
―
Sixth Street Specialty Lending
―
BlackRock TCP Capital
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Best Analysts Covering NEWT
1 Year
1 Year Success Rate
4/6 ratings generated profit
1 Year Average Return
+6.07%
reiterated a buy rating 10 days ago
Copying Bryce Rowe's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +6.07% per trade.
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