NewtekOne (NASDAQ:NEWT) Releases FY 2027 Earnings Guidance

NewtekOne (NASDAQ:NEWT) issued an update on its FY 2027 earnings guidance on Friday morning. The company provided earnings per share guidance of 2.000-2.200 for the period, compared to the consensus estimate of 2.370. The company issued revenue guidance of -. NewtekOne also updated its FY 2026 guidance to 1.700-1.800 EPS.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Keefe, Bruyette & Woods raised their price target on shares of NewtekOne from $12.00 to $13.00 and gave the stock a “market perform” rating in a report on Friday, May 1st. Weiss Ratings lowered shares of NewtekOne from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 18th. Zacks Research cut 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 research note on Saturday, August 15th. Finally, Piper Sandler lifted their target price on shares of NewtekOne from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $15.33.

NewtekOne Trading Down 3.3%

Shares of NEWT stock opened at $11.91 on Friday. The company has a market cap of $344.08 million, a P/E ratio of 5.36 and a beta of 1.27. The stock has a 50 day simple moving average of $14.05 and a two-hundred day simple moving average of $13.16. 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 fifty-two week low of $9.59 and a fifty-two week high of $15.69.

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

NewtekOne Announces Dividend

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

Insider Transactions at NewtekOne

In related 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 acquired at an average cost of $14.21 per share, with a total value of $156,310.00. Following the completion of the purchase, the chief executive officer directly owned 1,176,914 shares in the company, valued at $16,723,947.94. The trade was a 0.94% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders have acquired 17,500 shares of company stock worth $246,965 over the last 90 days. 5.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On NewtekOne

Several institutional investors have recently made changes to their positions in the stock. Man Group plc boosted its position in shares of NewtekOne by 6.4% during the 4th quarter. Man Group plc now owns 45,906 shares of the business services provider’s stock worth $521,000 after purchasing an additional 2,761 shares in the last quarter. Bridgeway Capital Management LLC bought a new stake in NewtekOne in the 4th quarter valued at about $337,000. Almitas Capital LLC bought a new stake in NewtekOne in the 4th quarter valued at about $608,000. Trexquant Investment LP raised its stake in NewtekOne by 11.5% during the 4th quarter. Trexquant Investment LP now owns 145,253 shares of the business services provider’s stock worth $1,649,000 after buying an additional 14,977 shares during the period. Finally, Jump Financial LLC raised its stake in NewtekOne by 21.8% during the 4th quarter. Jump Financial LLC now owns 88,084 shares of the business services provider’s stock worth $1,000,000 after buying an additional 15,784 shares during the period. Institutional investors and hedge funds own 38.35% of the company’s stock.

NewtekOne Company Profile

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.