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 (EPS) 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.

NewtekOne Stock Performance

NewtekOne stock opened at $11.91 on Friday. The firm’s fifty day moving average price is $14.05 and its 200-day moving average price is $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. The stock has a market cap of $344.08 million, a P/E ratio of 5.36 and a beta of 1.27. 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 data 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. NewtekOne had a net margin of 15.57% and a return on equity of 17.97%. The company had revenue of $90.05 million during the quarter, compared to the consensus estimate of $75.00 million. On average, equities research analysts expect that NewtekOne will post 2.18 earnings per share for the current fiscal year.

NewtekOne Announces Dividend

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

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Weiss Ratings cut NewtekOne from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, August 18th. Raymond James Financial raised NewtekOne to a “hold” rating in a report on Wednesday, July 1st. Zacks Research downgraded NewtekOne from a “hold” rating to a “strong sell” rating in a research report on Friday, August 7th. Piper Sandler boosted their target price on NewtekOne from $14.00 to $15.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Finally, Wall Street Zen lowered NewtekOne from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $15.33.

Insider Activity at NewtekOne

In related news, CEO Barry Sloane acquired 11,000 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were purchased at an average price of $14.21 per share, for a total transaction of $156,310.00. Following the completion of the acquisition, the chief executive officer owned 1,176,914 shares in the company, valued at approximately $16,723,947.94. This represents a 0.94% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Insiders bought a total of 17,500 shares of company stock valued at $246,965 in the last quarter. 5.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On NewtekOne

A number of large investors have recently bought and sold shares of NEWT. Advisory Services Network LLC bought a new stake in NewtekOne in the third quarter valued at approximately $46,000. Quantbot Technologies LP bought a new position in shares of NewtekOne in the second quarter worth approximately $107,000. Cerity Partners LLC grew its holdings in shares of NewtekOne by 18.0% in the fourth quarter. Cerity Partners LLC now owns 13,714 shares of the business services provider’s stock worth $156,000 after purchasing an additional 2,095 shares during the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in shares of NewtekOne in the third quarter worth $191,000. Finally, Kestra Advisory Services LLC increased its stake in shares of NewtekOne by 13.7% in the fourth quarter. Kestra Advisory Services LLC now owns 17,742 shares of the business services provider’s stock worth $201,000 after buying an additional 2,136 shares during the period. 38.35% of the stock is owned by hedge funds and other institutional investors.

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.