NewtekOne (NASDAQ:NEWT – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 2.150-2.550 for the period, compared to the consensus EPS estimate of 2.310. The company issued revenue guidance of -.
NewtekOne Trading Up 5.9%
NASDAQ:NEWT opened at $12.63 on Friday. The company has a debt-to-equity ratio of 5.69, a current ratio of 0.67 and a quick ratio of 0.67. The business’s 50-day simple moving average is $11.03 and its 200-day simple moving average is $11.39. NewtekOne has a fifty-two week low of $9.12 and a fifty-two week high of $13.74. The stock has a market capitalization of $364.88 million, a PE ratio of 5.66 and a beta of 1.23.
NewtekOne (NASDAQ:NEWT – Get Free Report) last announced its earnings results on Wednesday, October 29th. The business services provider reported $0.67 EPS for the quarter, topping the consensus estimate of $0.63 by $0.04. NewtekOne had a net margin of 15.59% and a return on equity of 19.93%. The firm had revenue of $74.94 million for the quarter, compared to the consensus estimate of $78.31 million. Sell-side analysts expect that NewtekOne will post 1.93 earnings per share for the current fiscal year.
NewtekOne Dividend Announcement
Wall Street Analyst Weigh In
A number of brokerages have recently commented on NEWT. Wall Street Zen upgraded NewtekOne from a “sell” rating to a “hold” rating in a report on Saturday, December 27th. B. Riley began coverage on NewtekOne in a research note on Monday, September 15th. They issued a “buy” rating and a $18.00 target price on the stock. Piper Sandler reaffirmed a “neutral” rating on shares of NewtekOne in a research report on Friday. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $13.00 price objective (up from $12.00) on shares of NewtekOne in a report on Friday, September 19th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of NewtekOne in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $14.25.
View Our Latest Analysis on NEWT
Insider Buying and Selling at NewtekOne
In other news, CEO Barry Sloane purchased 10,000 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were purchased at an average cost of $10.22 per share, with a total value of $102,200.00. Following the completion of the transaction, the chief executive officer owned 1,212,459 shares of the company’s stock, valued at $12,391,330.98. The trade was a 0.83% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have acquired 13,189 shares of company stock valued at $137,736 over the last three months. 6.70% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On NewtekOne
Several hedge funds have recently bought and sold shares of NEWT. Patriot Financial Partners GP II L.P. acquired a new position in NewtekOne during the third quarter worth approximately $26,423,000. Vanguard Group Inc. increased its holdings in shares of NewtekOne by 1.9% during the 3rd quarter. Vanguard Group Inc. now owns 1,459,051 shares of the business services provider’s stock worth $16,706,000 after acquiring an additional 26,966 shares during the last quarter. Marshall Wace LLP increased its holdings in shares of NewtekOne by 42.9% during the 2nd quarter. Marshall Wace LLP now owns 623,540 shares of the business services provider’s stock worth $7,034,000 after acquiring an additional 187,103 shares during the last quarter. AQR Capital Management LLC raised its stake in NewtekOne by 111.5% in the 2nd quarter. AQR Capital Management LLC now owns 355,847 shares of the business services provider’s stock valued at $4,014,000 after acquiring an additional 187,578 shares during the period. Finally, Two Sigma Investments LP lifted its holdings in NewtekOne by 106.6% during the 3rd quarter. Two Sigma Investments LP now owns 223,622 shares of the business services provider’s stock valued at $2,560,000 after purchasing an additional 115,374 shares during the last quarter. 38.35% of the stock is currently owned by institutional investors and hedge funds.
About NewtekOne
NewtekOne, Inc (NASDAQ: NEWT) is a publicly traded business development company that specializes in providing financial and business services to small and mediumāsized 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.
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