Summary

11.30 -0.37(-3.13%)09/06/2024
Newtek Business Services Corp (NEWT)

Key Facts


1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
-2.96-9.86-12.03-14.17-2.29-33.71-95.21-97.34


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Trading Data
Close11.30
Open11.61
High11.72
Low11.26
Volume181,305
Change-0.35
Change %-2.96
Avg Volume (20 Days)107,860
Volume/Avg Volume (20 Days) Ratio1.68
52 Week Range10.07 - 17.58
Price vs 52 Week High-35.75%
Price vs 52 Week Low12.16%
Range-2.71
Gap Up/Down-0.10
Fundamentals
Market Capitalization (Mln)292
EBIDTA45,540,000
PE Ratio8.5256
PEG Ratio3.2800
WallStreet Target Price27.75
Book Value16.2250
Earnings Per Share3.5880
EPS Estimate Current Quarter0.5900
EPS Estimate Next Quarter0.8700
EPS Estimate Current Year3.4000
EPS Estimate Next Year2.6400
Diluted EPS (TTM)3.5880
Revenues
Profit Marging0.8122
Operating Marging (TTM)0.4592
Return on asset (TTM)0.0315
Return on equity (TTM)0.2317
Revenue TTM98,466,000
Revenue per share TTM4.4170
Quarterly Revenue Growth (YOY)-0.1690
Quarterly Earnings Growth (YOY)-0.3670
Gross Profit (TTM)92,201,000
Dividends
Dividend Share2.5730
Dividend Yield0.0833
Valuations
Trailing PE8.5256
Forward PE10.6496
Price Sales (TTM)0.0000
Price Book (MRQ)1.9032
Revenue Enterprise Value 2.2681
EBITDA Enterprise Value6.6829
Shares
Shares Outstanding22,559,000
Shares Float22,890,684
Shares Short0
Shares Short (Prior Month)0
Shares Ratio0.00
Short Outstanding (%)0.00
Short Float (%)0.00
Insider (%)5.71
Institutions (%)14.45


09/05 08:30 EST - globenewswire.com
NewtekOne, Inc. Reconfirms its 2024 Annual EPS Forecast in a Range of $1.85 to $2.05 per Basic and Diluted Common Share
BOCA RATON, Fla., Sept. 05, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today that it is reconfirming its 2024 annual earnings per share (“EPS”) forecast in a range of $1.85 to $2.05 per basic and diluted common share.
09/03 08:30 EST - globenewswire.com
NewtekOne, Inc. Hires Andrew Kaplan as Chief Strategy Officer
BOCA RATON, Fla., Sept. 03, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) has hired Mr. Andrew Kaplan as Chief Strategy Officer, effective today.
08/28 10:05 EST - globenewswire.com
NewtekOne, Inc. CEO, Barry Sloane, to Attend the Raymond James 2024 U.S. Banking and Banking on Tech Conference September 4-5, 2024
BOCA RATON, Fla., Aug. 28, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced today that NewtekOne's CEO and President, Barry Sloane, and CFO, M. Scott Price, will attend, and hold one-on-one and group investor meetings at the Raymond James 2024 U.S. Banking and Banking on Tech Conference September 4-5, 2024 at the Marriot Marquis Chicago. To schedule a meeting, please contact your Raymond James representative, or Jayne Cavuoto, Director of Investor Relations at NewtekOne, at jcavuoto@newtekone.com.
08/13 13:56 EST - zacks.com
NewtekOne (NEWT) Agrees to Divest Newtek Technology to Paltalk
NewtekOne (NEWT) enters an agreement to sell its wholly-owned subsidiary to Paltalk.
08/12 10:20 EST - globenewswire.com
NewtekOne Enters into Agreement to Sell Newtek Technology Solutions, Inc.
BOCA RATON, Fla., Aug. 12, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“NewtekOne” or the “Company”) (Nasdaq: NEWT) has entered into a definitive agreement (the “Agreement”) to sell its wholly owned subsidiary Newtek Technology Solutions, Inc. (“NTS”) to Paltalk, Inc. (“Paltalk”) (Nasdaq: PALT) (the “NTS Sale”). As previously disclosed, in connection with Company's acquisition of Newtek Bank and transition to a financial holding company, the Company made a commitment to the Board of Governors of the Federal Reserve System to divest or terminate the activities of NTS, which manages information technology hardware and software for approximately 17,000 customers.
08/07 00:56 EST - seekingalpha.com
NewtekOne, Inc. (NEWT) Q2 2024 Earnings Call Transcript
NewtekOne, Inc. (NASDAQ:NEWT ) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Barry Sloane - President, Chairman and Chief Executive Officer Scott Price - Chief Financial Officer Frank Di Maria - Chief Accounting Officer Nicolas Young - President and Chief Operating Officer, Newtek Bank, N.A Conference Call Participants Crispin Love - Piper Sandler Tim Switzer - KBW Steve Moss - Raymond James Christopher Nolan - Ladenburg Thalmann Bryce Rowe - B. Riley Operator Good day and thank you for standing by.
08/05 19:31 EST - zacks.com
NewtekOne (NEWT) Reports Q2 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for NewtekOne (NEWT) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
08/05 18:50 EST - zacks.com
NewtekOne (NEWT) Surpasses Q2 Earnings and Revenue Estimates
NewtekOne (NEWT) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.26 per share a year ago.
08/05 16:05 EST - globenewswire.com
NewtekOne, Inc. Reports Second Quarter 2024 Financial Results
Newtek Bank, N.A. Demonstrates Loan and Deposit Growth Maintains its 2024 Annual EPS Forecast in a Range of $1.85 to $2.05 per Basic and Diluted Common Share BOCA RATON, Fla.
08/01 03:29 EST - seekingalpha.com
Don't Buy AI Stocks, Buy The Best Dividend Total Return Stocks
I have a diversified portfolio of stocks, funds, and bonds. My stocks are primarily dividend paying value stocks. One can find dividend stocks with superior estimated total returns by comparing their return drivers – earnings growth, dividend yield and valuation - to historic trends. This article compares the earnings growth, dividend yield, current valuation, and estimated future return of 53 stocks.
07/26 07:46 EST - benzinga.com
Wall Street's Most Accurate Analysts Weigh In On 3 Financials Stocks With Over 5% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
07/24 10:50 EST - globenewswire.com
NewtekOne, Inc. Closes $154,320,000 Alternative Business Loan Backed Securitization
BOCA RATON, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced today that its joint venture, Newtek-TSO II Conventional Credit Partners, LP (“Newtek-TSO”), has closed a securitization backed by alternative business loans, selling $137,170,000 of Class A Notes and $17,150,000 of Class B Notes (collectively, the “Notes”) issued by NALP Business Loan Trust 2024-1. The Notes are backed by $190,520,000 of collateral, consisting of $159,770,000 of Company originated alternative loan program (“ALP”) loans and $30,750,000 prefunding account to acquire additional ALP loans originated by the Company in May 2024. The Class A and Class B Notes received Morningstar DBRS ratings of “A (sf)” and “BBB (high) (sf)”, respectively. The Notes had an 81.0% advance rate. Newtek-TSO received in excess of $370 million in requests for approximately $154 million of Notes. The Class A Notes were priced at a yield of 6.585%, and the Class B Notes were priced at a yield of 7.835%, for a combined weighted average yield of 6.724% on the Notes. This securitization transaction represents the second term asset-backed securitization closed by a Company joint venture and secured by ALP loans - loans which do not conform to the requirements of the Small Business Administration (“SBA”) 7(a) loan program. Historically, the Company has issued fifteen rated securitizations, two of which were with joint ventures and backed by ALP loans. All of the Company's prior securitizations have maintained their investment-grade ratings or been upgraded. For additional detail on this alternative business loan backed securitization, please use the following link NALP Business Loan Trust 2024-1.
07/15 00:24 EST - seekingalpha.com
Preferreds Weekly Review: Tight Spreads Drive Bond Issuance
We take a look at the action in preferreds and baby bonds through the first week of July and highlight some of the key themes we are watching. Preferreds market saw a solid week with a drop in Treasury yields and stable median yield-to-worst below 7%. Corporate bond yields stand at lowest levels in 2 years, prompting new issuance from across the space.
07/01 08:45 EST - globenewswire.com
NewtekOne, Inc. to Report Second Quarter 2024 Financial Results on Monday, August 5, 2024 After the Market Closes
BOCA RATON, Fla., July 01, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced that it will report its second quarter 2024 financial results after the market closes on Monday, August 5, 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, Tuesday, August 6, 2024 at 8:30 am ET.
06/27 08:30 EST - globenewswire.com
NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per Share
BOCA RATON, Fla., June 27, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced 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 July 19, 2024 to shareholders of record as of July 9, 2024.
06/10 08:30 EST - globenewswire.com
NewtekOne, Inc. CEO, Barry Sloane, to Attend the 25th Annual KBW Community Bank Investor Conference July 30-31, 2024
BOCA RATON, Fla., June 10, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc . (Nasdaq: NEWT), announced today that NewtekOne's CEO and President, Barry Sloane, and CFO, M. Scott Price, will attend and hold group investor meetings at the 25th Annual KBW Community Bank Investor Conference July 30-31, 2024 at the Hilton New York Midtown. To schedule a meeting, please contact your KBW representative, or Jayne Cavuoto, Director of Investor Relations at NewtekOne, at jcavuoto@newtekone.com.
06/06 09:15 EST - globenewswire.com
NewtekOne, Inc. To Webcast its Analyst and Investor Day on Thursday, June 13, 2024 on its Corporate Website
BOCA RATON, Fla., June 06, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc . (Nasdaq: NEWT), announced today that it will be webcasting its Analyst and Investor Day, on Thursday, June 13, 2024, beginning at 9:00 AM EDT, on its corporate website. To access the webcast, or receive a dial-in number, participants should register online at NewtekOne Inc. 2024 Analyst and Investor Day at least 15 minutes prior to the start of the event. A replay of the event with the corresponding presentation will be available on NewtekOne's website shortly following the live event and will be available for a period of 90 days. If you are interested in attending in person, at the Company's Boca Raton, FL headquarters, please email your contact information to Jayne Cavuoto at jcavuoto@newtekone.com and you will be provided with all of the necessary on-site event details.
06/06 09:11 EST - zacks.com
Is the Options Market Predicting a Spike in NewtekOne (NEWT) Stock?
Investors need to pay close attention to NewtekOne (NEWT) stock based on the movements in the options market lately.
06/05 11:55 EST - globenewswire.com
NewtekOne, Inc. Completes Offering of $71.875 Million of 8.50% Fixed Rate Senior Notes Due 2029
BOCA RATON, Fla., June 05, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (Nasdaq: NEWT), announced that it completed a registered public offering of $71.875 million aggregate principal amount of its 8.50% Fixed Rate Senior Notes due 2029 (the “Notes”), including the underwriters full exercise of their option to purchase additional Notes (the “Offering). The Company received $69,718,750 in proceeds, before expenses, from the sale of the Notes. The Notes will mature on June 1, 2029, and may be redeemed by the Company, in whole or in part, at any time on or after June 1, 2027, at a redemption price equal to 100% of the outstanding principal amount to be redeemed plus accrued and unpaid interest. The Notes will bear interest at a rate of 8.50% per year payable quarterly on each March 1, June 1, September 1 and December 1, beginning September 1, 2024.
06/04 09:26 EST - zacks.com
3 Best High-Yield Stocks to Sail Through Uncertainties in June
With markets remaining topsy-turvy, it's prudent for astute investors to pick high-yield stocks like Western Union (WU), Bank of N.T. Butterfield & Son (NTB) and NewtekOne (NEWT) for steady income.