NewtekOne (NASDAQ:NEWT) Earns Buy Rating from Analysts at B. Riley

B. Riley assumed coverage on shares of NewtekOne (NASDAQ:NEWT) in a report released on Monday. The brokerage issued a buy rating and a $18.00 target price on the business services provider’s stock. B. Riley also issued estimates for NewtekOne’s Q3 2025 earnings at $0.67 EPS, Q4 2025 earnings at $0.74 EPS, FY2025 earnings at $2.28 EPS and FY2026 earnings at $2.52 EPS.

Several other equities analysts also recently weighed in on the company. Piper Sandler raised their price target on NewtekOne from $11.50 to $12.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 29th. Keefe, Bruyette & Woods dropped their price target on NewtekOne from $13.00 to $12.00 and set a “market perform” rating for the company in a research report on Friday, July 11th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $14.00.

NewtekOne Stock Performance

Shares of NEWT stock opened at $12.03 on Monday. The stock has a fifty day moving average price of $11.82 and a 200 day moving average price of $11.36. The stock has a market cap of $316.63 million, a PE ratio of 5.99 and a beta of 1.25. NewtekOne has a 1 year low of $9.12 and a 1 year high of $15.49. The company has a debt-to-equity ratio of 5.95, a quick ratio of 0.75 and a current ratio of 0.75.

NewtekOne (NASDAQ:NEWT) last issued its quarterly earnings data on Monday, July 28th. The business services provider reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.02. The firm had revenue of $70.20 million during the quarter, compared to analysts’ expectations of $73.88 million. NewtekOne had a return on equity of 19.16% and a net margin of 14.65%. NewtekOne has set its FY 2025 guidance at 2.100-2.500 EPS. Sell-side analysts forecast that NewtekOne will post 1.93 earnings per share for the current fiscal year.

NewtekOne Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 21st. Stockholders of record on Wednesday, July 9th were given a $0.19 dividend. The ex-dividend date of this dividend was Wednesday, July 9th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 6.3%. NewtekOne’s payout ratio is currently 37.81%.

Institutional Investors Weigh In On NewtekOne

A number of hedge funds and other institutional investors have recently made changes to their positions in NEWT. Cambridge Investment Research Advisors Inc. lifted its stake in shares of NewtekOne by 8.3% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 12,780 shares of the business services provider’s stock worth $153,000 after purchasing an additional 980 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of NewtekOne by 8.5% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,806 shares of the business services provider’s stock worth $176,000 after purchasing an additional 1,081 shares in the last quarter. Rhumbline Advisers lifted its stake in shares of NewtekOne by 6.1% during the second quarter. Rhumbline Advisers now owns 36,433 shares of the business services provider’s stock worth $411,000 after purchasing an additional 2,108 shares in the last quarter. Man Group plc lifted its stake in shares of NewtekOne by 6.1% during the second quarter. Man Group plc now owns 40,138 shares of the business services provider’s stock worth $453,000 after purchasing an additional 2,304 shares in the last quarter. Finally, Trust Co. of Vermont acquired a new position in shares of NewtekOne during the second quarter worth about $29,000. Hedge funds and other institutional investors own 38.35% of the company’s stock.

NewtekOne Company Profile

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.