NewtekOne (NASDAQ:NEWT) Updates FY 2026 Earnings Guidance

NewtekOne (NASDAQ:NEWT) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 1.700-1.800 for the period, compared to the consensus earnings per share estimate of 2.080. The company issued revenue guidance of -. NewtekOne also updated its FY 2027 guidance to 2.000-2.200 EPS.

NewtekOne Trading Down 3.3%

NASDAQ NEWT traded down $0.41 on Friday, hitting $11.91. The company’s stock had a trading volume of 670,149 shares, compared to its average volume of 239,649. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 7.41. NewtekOne has a 1-year low of $9.59 and a 1-year high of $15.69. The company’s 50-day moving average is $14.09 and its 200 day moving average is $13.17. The firm has a market cap of $344.08 million, a PE ratio of 5.36 and a beta of 1.27.

NewtekOne (NASDAQ:NEWT) last issued its quarterly earnings results on Thursday, August 6th. The business services provider reported $0.47 EPS for the quarter, hitting analysts’ consensus estimates of $0.47. The company had revenue of $90.05 million for the quarter, compared to analyst estimates of $75.00 million. NewtekOne had a net margin of 15.57% and a return on equity of 17.97%. As a group, analysts predict that NewtekOne will post 2.18 earnings per share for the current fiscal year.

NewtekOne Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Wednesday, June 24th were issued a dividend of $0.19 per share. The ex-dividend date of this dividend was Wednesday, June 24th. This represents a $0.76 annualized dividend and a yield of 6.4%. NewtekOne’s payout ratio is presently 34.23%.

Analyst Ratings Changes

NEWT has been the subject of several recent research reports. Weiss Ratings cut NewtekOne from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 18th. Piper Sandler lifted their price objective on NewtekOne from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Wall Street Zen cut NewtekOne from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Raymond James Financial raised shares of NewtekOne to a “hold” rating in a research report on Wednesday, July 1st. Finally, Zacks Research lowered shares of NewtekOne from a “hold” rating to a “strong sell” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, NewtekOne presently has a consensus rating of “Hold” and a consensus price target of $15.33.

Insider Activity

In other NewtekOne news, CEO Barry Sloane bought 11,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were bought at an average price of $14.21 per share, for a total transaction of $156,310.00. Following the transaction, the chief executive officer directly owned 1,176,914 shares in the company, valued at approximately $16,723,947.94. This trade represents a 0.94% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders bought 17,500 shares of company stock valued at $246,965. 5.90% of the stock is owned by insiders.

Institutional Trading of NewtekOne

Several large investors have recently modified their holdings of NEWT. Royal Bank of Canada lifted its position in shares of NewtekOne by 33.4% during the 1st quarter. Royal Bank of Canada now owns 23,639 shares of the business services provider’s stock valued at $282,000 after acquiring an additional 5,916 shares during the period. AQR Capital Management LLC grew its holdings in NewtekOne by 306.4% in the first quarter. AQR Capital Management LLC now owns 168,269 shares of the business services provider’s stock worth $2,012,000 after purchasing an additional 126,865 shares during the period. Jane Street Group LLC increased its stake in NewtekOne by 24.7% in the first quarter. Jane Street Group LLC now owns 36,676 shares of the business services provider’s stock valued at $439,000 after purchasing an additional 7,274 shares in the last quarter. Rhumbline Advisers increased its stake in NewtekOne by 6.1% in the second quarter. Rhumbline Advisers now owns 36,433 shares of the business services provider’s stock valued at $411,000 after purchasing an additional 2,108 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new position in shares of NewtekOne during the second quarter valued at about $107,000. Institutional investors and hedge funds own 38.35% of the company’s stock.

About NewtekOne

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.