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Newtek Business Services (NEWT) Stock

Profile

Country:

United States

IPO:

27 September 2000

Indexes:

Not included

Description:

Newtek Business Services provides a range of solutions for small and medium-sized businesses. Their services include payment processing, business loans, and IT support. They aim to help businesses grow and succeed by offering reliable and efficient services tailored to their needs.

Key Details

Price

$14.43

TTM Dividend Yield

5.20%(-43.60% YoY)

Annual Revenue

$185.08 M(+75.98% YoY)

Annual EPS

$1.88(+40.30% YoY)

PE Ratio

8.59(-13.76% YoY)

Beta

1.24

Events Calendar

Earnings

Next earnings date:

Mar 05, 2025

Recent quarterly earnings:

Nov 06, 2024

Recent annual earnings:

Mar 05, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Oct 10, 2024
Splits

Next split:

N/A

Recent split:

Oct 23, 2014

Analyst ratings

Recent major analysts updates

11 Nov '24 Piper Sandler
Neutral
08 Nov '24 Keefe, Bruyette & Woods
Market Perform
04 Sept '24 B. Riley Securities
Neutral
20 Mar '24 Keefe, Bruyette & Woods
Market Perform
18 Mar '24 Piper Sandler
Neutral
07 Mar '24 Keefe, Bruyette & Woods
Market Perform
07 Mar '24 B. Riley Securities
Buy
30 Aug '23 Compass Point
Neutral
14 Aug '23 B. Riley Securities
Buy
20 June '23 B. Riley Securities
Buy

Market Data

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Institutional Ownership

Is the Options Market Predicting a Spike in NewtekOne (NEWT) Stock?
Is the Options Market Predicting a Spike in NewtekOne (NEWT) Stock?
Is the Options Market Predicting a Spike in NewtekOne (NEWT) Stock?
NEWT
zacks.com27 November 2024

Investors need to pay close attention to NewtekOne (NEWT) stock based on the movements in the options market lately.

NewtekOne, Inc.'s, CEO, Barry Sloane, Interviewed at the LD Micro Main Event XVII Investor Conference
NewtekOne, Inc.'s, CEO, Barry Sloane, Interviewed at the LD Micro Main Event XVII Investor Conference
NewtekOne, Inc.'s, CEO, Barry Sloane, Interviewed at the LD Micro Main Event XVII Investor Conference
NEWT
globenewswire.com14 November 2024

BOCA RATON, Fla., Nov. 14, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc.'s (NASDAQ: NEWT) CEO, President, and Chairman, Barry Sloane, was recently interviewed by Chris Miglino, founder and CEO, of Sequire, at the LD Micro Main Event XVII Investor Conference. During the interview, Mr. Sloane discussed the history of NewtekOne and its importance in the business marketplace today with its ecosystem of offerings available to the approximate 30 million independent business owners across the United States. During this 13-minute interview, Mr. Sloane explains the importance of what NewtekOne has accomplished during its two decades of operating history and experience serving independent business owners, as well as how it is strategically positioned to continue to grow and capture market share as a bank holding company owning a nationally chartered bank in this vital demographic. To listen to the full interview please click on the following link Interview with NewtekOne CEO, Barry Sloane or visit NewtekOne's website at NewtekOne, Inc. Events and Presentations.   If you have any questions or would like to discuss these topics in further detail, please contact Jayne Cavuoto, Director of Investor Relations at NewtekOne, Inc. at [email protected].

NewtekOne, Inc. (NEWT) Q3 2024 Earnings Call Transcript
NewtekOne, Inc. (NEWT) Q3 2024 Earnings Call Transcript
NewtekOne, Inc. (NEWT) Q3 2024 Earnings Call Transcript
NEWT
seekingalpha.com07 November 2024

NewtekOne, Inc. (NASDAQ:NEWT ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Barry Sloane - Founder, President and CEO Scott Price - Chief Financial Officer, NewtekOne and Newtek Bank National Association Nicolas Young - President and COO, Newtek Bank Conference Call Participants Crispin Love - Piper Sandler Tim Switzer - KBW Steve Moss - Raymond James Christopher Nolan - Ladenburg Thalmann & Co. Operator Good day and thank you for standing by. Welcome to the NewtekOne, Inc. Third Quarter 2024 Earnings Conference Call.

Gear Up for NewtekOne (NEWT) Q3 Earnings: Wall Street Estimates for Key Metrics
Gear Up for NewtekOne (NEWT) Q3 Earnings: Wall Street Estimates for Key Metrics
Gear Up for NewtekOne (NEWT) Q3 Earnings: Wall Street Estimates for Key Metrics
NEWT
zacks.com05 November 2024

Besides Wall Street's top -and-bottom-line estimates for NewtekOne (NEWT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.

NewtekOne, Inc. Announces Appointment of a New Independent Director
NewtekOne, Inc. Announces Appointment of a New Independent Director
NewtekOne, Inc. Announces Appointment of a New Independent Director
NEWT
globenewswire.com31 October 2024

BOCA RATON, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today the appointment of Craig “CJ” Brunet as a member of the boards of directors of NewtekOne, Inc. and Newtek Bank N.A.

NewtekOne, Inc. Achieves 17.3% Sequential Growth in Record Total Loan Closings in the Third Quarter 2024 over the Second Quarter 2024
NewtekOne, Inc. Achieves 17.3% Sequential Growth in Record Total Loan Closings in the Third Quarter 2024 over the Second Quarter 2024
NewtekOne, Inc. Achieves 17.3% Sequential Growth in Record Total Loan Closings in the Third Quarter 2024 over the Second Quarter 2024
NEWT
globenewswire.com03 October 2024

Achieves SBA 7(a) Closings of $245.3 Million in the Third Quarter 2024 Achieves SBA 7(a) Closings of $245.3 Million in the Third Quarter 2024

NewtekOne, Inc. to Report Third Quarter 2024 Financial Results on Wednesday, November 6, 2024 After the Market Closes
NewtekOne, Inc. to Report Third Quarter 2024 Financial Results on Wednesday, November 6, 2024 After the Market Closes
NewtekOne, Inc. to Report Third Quarter 2024 Financial Results on Wednesday, November 6, 2024 After the Market Closes
NEWT
globenewswire.com02 October 2024

BOCA RATON, Fla., Oct. 02, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today that it will report its third quarter 2024 financial results after the market closes on Wednesday, November 6, 2024. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer and M. Scott Price, Chief Financial Officer, the following day, Thursday, November 7, 2024 at 8:30 am ET.

Preferreds Weekly Review: Banks Are Redeeming Their Preferreds
Preferreds Weekly Review: Banks Are Redeeming Their Preferreds
Preferreds Weekly Review: Banks Are Redeeming Their Preferreds
NEWT
seekingalpha.com29 September 2024

We take a look at the action in preferreds and baby bonds through the third week of September and highlight some of the key themes we are watching. Preferred stocks had a strong week, driven by falling Treasury yields and stable spreads. Banks are reducing Tier 1 capital by redeeming callable preferreds, with JPMorgan planning a $1.6bn repayment in October.

NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per Share
NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per Share
NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per Share
NEWT
globenewswire.com16 September 2024

BOCA RATON, Fla., Sept. 16, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today that its Board of Directors declared a quarterly cash dividend of $0.19 per share on the outstanding common stock of NewtekOne. The dividend is payable on October 21, 2024 to shareholders of record as of October 10, 2024.

NewtekOne: 8.6% Yielding Bonds Make More Sense Than The Stock
NewtekOne: 8.6% Yielding Bonds Make More Sense Than The Stock
NewtekOne: 8.6% Yielding Bonds Make More Sense Than The Stock
NEWT
seekingalpha.com10 September 2024

We had previously rated NewtekOne, Inc. stock as a hold despite compelling valuation metrics. NewtekOne's Q2 2024 earnings were about in line with expectations, though provisions for loan losses crept up. The past strategic missteps keep us on the sidelines with the common shares.

FAQ

  • What is the primary business of Newtek Business Services?
  • What is the ticker symbol for Newtek Business Services?
  • Does Newtek Business Services pay dividends?
  • What sector is Newtek Business Services in?
  • What industry is Newtek Business Services in?
  • What country is Newtek Business Services based in?
  • When did Newtek Business Services go public?
  • Is Newtek Business Services in the S&P 500?
  • Is Newtek Business Services in the NASDAQ 100?
  • Is Newtek Business Services in the Dow Jones?
  • When was Newtek Business Services's last earnings report?
  • When does Newtek Business Services report earnings?
  • Should I buy Newtek Business Services stock now?

What is the primary business of Newtek Business Services?

Newtek Business Services provides a range of solutions for small and medium-sized businesses. Their services include payment processing, business loans, and IT support. They aim to help businesses grow and succeed by offering reliable and efficient services tailored to their needs.

What is the ticker symbol for Newtek Business Services?

The ticker symbol for Newtek Business Services is NASDAQ:NEWT

Does Newtek Business Services pay dividends?

Yes, Newtek Business Services pays dividends. The last payment was $0.19, with an ex-dividend date on 10 October 2024

What sector is Newtek Business Services in?

Newtek Business Services is in the Financial Services sector

What industry is Newtek Business Services in?

Newtek Business Services is in the Banks - Regional industry

What country is Newtek Business Services based in?

Newtek Business Services is headquartered in United States

When did Newtek Business Services go public?

Newtek Business Services's initial public offering (IPO) was on 27 September 2000

Is Newtek Business Services in the S&P 500?

No, Newtek Business Services is not included in the S&P 500 index

Is Newtek Business Services in the NASDAQ 100?

No, Newtek Business Services is not included in the NASDAQ 100 index

Is Newtek Business Services in the Dow Jones?

No, Newtek Business Services is not included in the Dow Jones index

When was Newtek Business Services's last earnings report?

Newtek Business Services's most recent earnings report was on 6 November 2024

When does Newtek Business Services report earnings?

The next expected earnings date for Newtek Business Services is 5 March 2025

Should I buy Newtek Business Services stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions