NewtekOne (NASDAQ:NEWT) Updates FY 2025 Earnings Guidance

NewtekOne (NASDAQ:NEWT) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 2.100-2.500 for the period, compared to the consensus EPS estimate of 2.110. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several analysts have recently commented on NEWT shares. Piper Sandler increased their target price on NewtekOne from $13.00 to $15.00 and gave the stock a “neutral” rating in a report on Monday, November 11th. B. Riley upped their price target on shares of NewtekOne from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, December 19th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating and issued a $15.00 price objective (up previously from $13.00) on shares of NewtekOne in a research report on Friday, November 8th.

NewtekOne Trading Down 0.5 %

NASDAQ:NEWT traded down $0.07 during trading hours on Friday, hitting $12.95. 92,449 shares of the stock were exchanged, compared to its average volume of 156,435. The company’s 50 day moving average is $12.84 and its two-hundred day moving average is $12.96. The company has a market capitalization of $340.68 million, a P/E ratio of 7.24 and a beta of 1.31. NewtekOne has a twelve month low of $10.07 and a twelve month high of $15.49. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 4.98.

NewtekOne (NASDAQ:NEWT) last issued its quarterly earnings results on Wednesday, February 26th. The business services provider reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.03. The business had revenue of $75.37 million for the quarter, compared to analyst estimates of $69.55 million. NewtekOne had a return on equity of 18.73% and a net margin of 14.92%. On average, sell-side analysts anticipate that NewtekOne will post 1.93 earnings per share for the current fiscal year.

NewtekOne Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, January 13th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 5.87%. The ex-dividend date of this dividend was Tuesday, December 31st. NewtekOne’s dividend payout ratio is 42.46%.

Insider Buying and Selling

In other NewtekOne news, CEO Barry Sloane acquired 3,000 shares of NewtekOne stock in a transaction on Monday, December 23rd. The shares were purchased at an average cost of $12.95 per share, with a total value of $38,850.00. Following the completion of the purchase, the chief executive officer now owns 1,164,855 shares in the company, valued at $15,084,872.25. The trade was a 0.26 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders acquired a total of 4,750 shares of company stock valued at $61,368 over the last ninety days. Insiders own 6.50% 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.