NewtekOne (NASDAQ:NEWT) Releases FY 2027 Earnings Guidance

NewtekOne (NASDAQ:NEWT) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.400-2.800 for the period, compared to the consensus estimate of 2.460. The company issued revenue guidance of -.

NewtekOne Price Performance

Shares of NASDAQ NEWT traded up $0.31 during midday trading on Thursday, reaching $12.97. The company’s stock had a trading volume of 204,072 shares, compared to its average volume of 244,518. NewtekOne has a fifty-two week low of $9.51 and a fifty-two week high of $14.91. The company has a market cap of $373.94 million, a P/E ratio of 5.92 and a beta of 1.22. The company has a debt-to-equity ratio of 6.41, a quick ratio of 0.71 and a current ratio of 0.71. The business’s 50 day moving average price is $12.07 and its two-hundred day moving average price is $11.90.

NewtekOne (NASDAQ:NEWT) last announced its quarterly earnings data on Thursday, April 30th. The business services provider reported $0.43 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.03). NewtekOne had a net margin of 15.51% and a return on equity of 18.83%. The firm had revenue of $88.18 million for the quarter, compared to analyst estimates of $78.69 million. NewtekOne has set its FY 2027 guidance at 2.400-2.800 EPS. On average, analysts forecast that NewtekOne will post 2.33 EPS for the current fiscal year.

NewtekOne Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Tuesday, March 24th were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 5.9%. The ex-dividend date was Tuesday, March 24th. NewtekOne’s payout ratio is currently 34.70%.

Analyst Ratings Changes

Several research analysts have commented on NEWT shares. Wall Street Zen upgraded shares of NewtekOne from a “sell” rating to a “hold” rating in a research report on Saturday, March 14th. Piper Sandler boosted their price objective on shares of NewtekOne from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Keefe, Bruyette & Woods boosted their price objective on shares of NewtekOne from $13.00 to $14.00 and gave the company a “market perform” rating in a research report on Friday, January 30th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of NewtekOne in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $15.33.

Institutional Trading of NewtekOne

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Patriot Financial Partners GP II L.P. bought a new stake in shares of NewtekOne during the third quarter worth $26,423,000. Vanguard Group Inc. raised its holdings in shares of NewtekOne by 1.9% during the third quarter. Vanguard Group Inc. now owns 1,459,051 shares of the business services provider’s stock valued at $16,706,000 after purchasing an additional 26,966 shares during the period. Marshall Wace LLP raised its holdings in shares of NewtekOne by 42.9% in 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. Goldman Sachs Group Inc. increased its stake in NewtekOne by 119.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 549,239 shares of the business services provider’s stock valued at $6,234,000 after buying an additional 298,830 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position in shares of NewtekOne by 1,987.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 357,106 shares of the business services provider’s stock valued at $4,054,000 after acquiring an additional 340,000 shares during the period. Institutional investors own 38.35% of the company’s stock.

NewtekOne Company Profile

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.