NewtekOne (NASDAQ:NEWT) Price Target Cut to $12.00 by Analysts at Piper Sandler

NewtekOne (NASDAQ:NEWT – Get Free Report) had its price objective lowered by investment analysts at Piper Sandler from $13.00 to $12.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm presently has a “neutral” rating on the business services provider’s stock. Piper Sandler‘s target price indicates a potential upside of 6.60% from the company’s current price.

Other equities analysts have also issued reports about the stock. Raymond James Financial raised shares of NewtekOne to a “hold” rating in a research report on Wednesday, July 1st. Weiss Ratings downgraded shares of NewtekOne from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday. Wall Street Zen lowered shares of NewtekOne from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Zacks Research cut shares of NewtekOne from a “hold” rating to a “strong sell” rating in a report on Friday, August 7th. Finally, B. Riley Financial decreased their price target on shares of NewtekOne from $25.00 to $21.00 and set a “buy” rating for the company in a report on Monday, August 31st. One research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, NewtekOne presently has an average rating of “Hold” and a consensus price target of $15.33.

Read Our Latest Analysis on NewtekOne

NewtekOne Stock Down 1.8%

NASDAQ:NEWT traded down $0.20 during mid-day trading on Thursday, hitting $11.26. 45,878 shares of the company’s stock traded hands, compared to its average volume of 237,469. The company has a fifty day moving average of $11.63 and a 200 day moving average of $12.88. The company has a debt-to-equity ratio of 7.41, a quick ratio of 0.65 and a current ratio of 0.65. NewtekOne has a twelve month low of $9.59 and a twelve month high of $15.69. The company has a market capitalization of $325.16 million, a P/E ratio of 5.11 and a beta of 1.30.

NewtekOne (NASDAQ:NEWT – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The business services provider reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.11). NewtekOne had a return on equity of 17.97% and a net margin of 15.57%. The business had revenue of $71.78 million during the quarter, compared to analyst estimates of $77.10 million. On average, analysts forecast that NewtekOne will post 1.75 EPS for the current year.

Institutional Investors Weigh In On NewtekOne

A number of institutional investors and hedge funds have recently modified their holdings of NEWT. Bank of New York Mellon Corp purchased a new stake in shares of NewtekOne during the second quarter worth about $2,264,000. Quantinno Capital Management LP raised its position in shares of NewtekOne by 98.6% during the 1st quarter. Quantinno Capital Management LP now owns 80,543 shares of the business services provider’s stock worth $882,000 after purchasing an additional 39,990 shares during the last quarter. Segall Bryant & Hamill LLC raised its position in shares of NewtekOne by 126.0% during the 1st quarter. Segall Bryant & Hamill LLC now owns 63,433 shares of the business services provider’s stock worth $695,000 after purchasing an additional 35,369 shares during the last quarter. Bank of America Corp DE lifted its stake in NewtekOne by 26.6% in the 1st quarter. Bank of America Corp DE now owns 65,442 shares of the business services provider’s stock valued at $717,000 after buying an additional 13,761 shares in the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new position in NewtekOne in the 2nd quarter valued at about $193,000. Institutional investors and hedge funds own 38.35% of the company’s stock.

Key NewtekOne News

Here are the key news stories impacting NewtekOne this week:

  • Positive Sentiment: Management reiterated its 2026 adjusted EPS guidance of $1.70-$1.80, signaling that it expects stronger performance in the remainder of the year despite the third-quarter shortfall. NewtekOne targets $350M-$400M securitization in January as it reiterates 2026 EPS guidance
  • Positive Sentiment: NewtekOne is targeting a $350 million-$400 million securitization in January. Completing the transaction could provide funding capacity and support future lending activity, although execution and market conditions remain important. Securitization and guidance article
  • Neutral Sentiment: The company reported third-quarter basic and diluted EPS of $0.34, with return on equity of 17.97% and net margin of 15.57%. Investors will likely focus on management’s earnings-call commentary regarding loan growth, funding, credit quality and the path to meeting full-year guidance. NewtekOne reports third-quarter 2026 results
  • Negative Sentiment: Third-quarter EPS missed consensus estimates of approximately $0.40-$0.45 and declined from $0.67 a year earlier. Revenue of about $71.8 million also missed the $77.1 million analyst estimate, adding to concerns about near-term operating momentum. NewtekOne lags third-quarter earnings and revenue estimates

NewtekOne Company Profile

(Get Free Report)

NewtekOne, Inc is a financial holding company that provides banking and business services to small and medium-sized businesses throughout the United States. The company operates primarily through Newtek Bank, National Association, a national bank that offers commercial lending, Small Business Administration (SBA) loans, business deposit accounts and treasury management services.

NewtekOne’s offerings are designed to address a range of business needs, including working capital, commercial real estate and equipment financing, payment processing, payroll, insurance and technology-related services.

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