NewtekOne (NASDAQ:NEWT – Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 1.700-1.800 for the period, compared to the consensus EPS estimate of 2.080. The company issued revenue guidance of -. NewtekOne also updated its FY 2027 guidance to 2.000-2.200 EPS.
NewtekOne Stock Down 3.3%
NewtekOne stock traded down $0.41 during midday trading on Friday, hitting $11.91. 670,144 shares of the stock were exchanged, compared to its average volume of 239,099. NewtekOne has a 52-week low of $9.59 and a 52-week high of $15.69. The stock has a market capitalization of $344.08 million, a price-to-earnings ratio of 5.36 and a beta of 1.27. The business’s 50-day moving average price is $14.09 and its 200-day moving average price is $13.17. 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 (NASDAQ:NEWT – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The business services provider reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. NewtekOne had a net margin of 15.57% and a return on equity of 17.97%. The firm had revenue of $90.05 million during the quarter, compared to analyst estimates of $75.00 million. On average, research analysts expect that NewtekOne will post 2.18 EPS for the current fiscal year.
NewtekOne Dividend Announcement
Analyst Upgrades and Downgrades
NEWT has been the topic of a number of recent analyst reports. Weiss Ratings lowered NewtekOne from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, August 18th. Piper Sandler boosted their price target on shares of NewtekOne from $14.00 to $15.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Zacks Research lowered shares of NewtekOne from a “hold” rating to a “strong sell” rating in a research report on Friday, August 7th. Wall Street Zen downgraded shares of NewtekOne from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of NewtekOne from $12.00 to $13.00 and gave the stock a “market perform” rating in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $15.33.
Check Out Our Latest Report on NewtekOne
Insiders Place Their Bets
In other news, CEO Barry Sloane bought 11,000 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was acquired at an average cost of $14.21 per share, with a total value of $156,310.00. Following the completion of the transaction, the chief executive officer directly owned 1,176,914 shares of the company’s stock, valued at $16,723,947.94. This represents a 0.94% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders acquired 17,500 shares of company stock worth $246,965 over the last three months. 5.90% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. Patriot Financial Partners GP II L.P. purchased a new stake in NewtekOne in the 3rd quarter worth about $26,423,000. Vanguard Group Inc. raised its stake in NewtekOne by 1.9% in the 3rd quarter. Vanguard Group Inc. now owns 1,459,051 shares of the business services provider’s stock valued at $16,706,000 after acquiring an additional 26,966 shares during the period. Marshall Wace LLP lifted its holdings in NewtekOne by 42.9% during the second quarter. Marshall Wace LLP now owns 623,540 shares of the business services provider’s stock valued at $7,034,000 after purchasing an additional 187,103 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in NewtekOne by 119.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 549,239 shares of the business services provider’s stock valued at $6,234,000 after purchasing an additional 298,830 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its position in NewtekOne by 1,987.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 357,106 shares of the business services provider’s stock worth $4,054,000 after purchasing an additional 340,000 shares during the period. Institutional investors 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.
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