NewtekOne (NASDAQ:NEWT – Get Free Report) is one of 920 publicly-traded companies in the “Banks” industry, but how does it contrast to its peers? We will compare NewtekOne to similar businesses based on the strength of its dividends, earnings, valuation, profitability, analyst recommendations, risk and institutional ownership.
Analyst Ratings
This is a breakdown of current ratings and target prices for NewtekOne and its peers, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| NewtekOne | 1 | 4 | 1 | 0 | 2.00 |
| NewtekOne Competitors | 7458 | 30159 | 27706 | 1451 | 2.35 |
NewtekOne presently has a consensus target price of $15.33, indicating a potential upside of 42.50%. As a group, “Banks” companies have a potential upside of 17.31%. Given NewtekOne’s higher probable upside, analysts plainly believe NewtekOne is more favorable than its peers.
Volatility and Risk
NewtekOne has a beta of 1.3, suggesting that its stock price is 30% more volatile than the S&P 500. Comparatively, NewtekOne’s peers have a beta of 0.61, suggesting that their average stock price is 39% less volatile than the S&P 500.
Institutional & Insider Ownership
38.4% of NewtekOne shares are owned by institutional investors. Comparatively, 47.9% of shares of all “Banks” companies are owned by institutional investors. 5.9% of NewtekOne shares are owned by company insiders. Comparatively, 9.8% of shares of all “Banks” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Dividends
NewtekOne pays an annual dividend of $0.76 per share and has a dividend yield of 7.1%. NewtekOne pays out 40.2% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 9.5% and pay out 28.9% of their earnings in the form of a dividend. NewtekOne has increased its dividend for 1 consecutive years. NewtekOne lags its peers as a dividend stock, given its lower dividend yield and higher payout ratio.
Profitability
This table compares NewtekOne and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| NewtekOne | 13.58% | 15.72% | 1.91% |
| NewtekOne Competitors | 15.63% | 9.48% | 0.93% |
Valuation & Earnings
This table compares NewtekOne and its peers revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| NewtekOne | $383.33 million | $60.51 million | 5.69 |
| NewtekOne Competitors | $9.93 billion | $2.41 billion | 18.77 |
NewtekOne’s peers have higher revenue and earnings than NewtekOne. NewtekOne is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Summary
NewtekOne peers beat NewtekOne on 11 of the 15 factors compared.
About NewtekOne
NewtekOne, Inc. operates as the bank holding company for Newtek Bank, National Association that engages in the provision of various business and financial solutions under the Newtek brand name to the small- and medium-sized business market. The company accepts demand, savings, NOW, money market, and time deposits; and provides loans including SBA loans, commercial and industrial loans, and commercial real estate loans. It is also involved in the provision of electronic payment processing services comprising credit and debit card processing services, check approval services, processing equipment, and software, as well as cloud-based Point of Sale systems for a various restaurant, retail, assisted living, taxi cabs, parks, and golf course businesses. In addition, it offers wholesale brokerage insurance agency services; and payroll management, and related payment and tax reporting services to independent business owners. Further, the company provides website hosting, dedicated server hosting, cloud hosting, web design and development, internet marketing, ecommerce, data storage, backup and disaster recovery, and other related services, including consulting and implementing technology solutions for enterprise and commercial clients as well as SMBs. The company was formerly known as Newtek Business Services Corp. and changed its name to NewtekOne, Inc. in January 2023. NewtekOne, Inc. was founded in 1998 and is headquartered in Boca Raton, Florida.
Receive News & Ratings for NewtekOne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NewtekOne and related companies with MarketBeat.com's FREE daily email newsletter.
