NewtekOne (NASDAQ:NEWT – Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 1.700-1.800 for the period, compared to the consensus EPS estimate of 1.760.
Wall Street Analyst Weigh In
A number of equities research analysts have commented on the stock. Piper Sandler dropped their price objective on shares of NewtekOne from $13.00 to $12.00 and set a “neutral” rating on the stock in a research report on Thursday. Wall Street Zen lowered shares of NewtekOne from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Zacks Research downgraded shares of NewtekOne from a “hold” rating to a “strong sell” rating in a research note on Friday, August 7th. Weiss Ratings downgraded shares of NewtekOne from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday. Finally, B. Riley Financial dropped their target price on NewtekOne from $25.00 to $21.00 and set a “buy” rating on the stock in a report on Monday, August 31st. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $15.33.
Check Out Our Latest Stock Analysis on NewtekOne
NewtekOne Stock Down 0.5%
NewtekOne stock traded down $0.06 during mid-day trading on Friday, hitting $10.95. The company had a trading volume of 27,657 shares, compared to its average volume of 238,682. The stock has a market cap of $316.35 million, a price-to-earnings ratio of 5.79 and a beta of 1.30. NewtekOne has a 1 year low of $9.59 and a 1 year high of $15.69. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 7.41. The business has a fifty day moving average of $11.60 and a 200 day moving average of $12.87.
NewtekOne (NASDAQ:NEWT – Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The business services provider reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.11). NewtekOne had a return on equity of 15.72% and a net margin of 13.58%. The company had revenue of $71.78 million for the quarter, compared to analyst estimates of $77.10 million. On average, sell-side analysts expect that NewtekOne will post 1.75 earnings per share for the current fiscal year.
NewtekOne Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 24th were given a $0.19 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.76 dividend on an annualized basis and a yield of 6.9%. NewtekOne’s payout ratio is 34.23%.
About NewtekOne
NewtekOne, Inc is a financial holding company that provides banking and business services to small and medium-sized businesses throughout the United States. The company operates primarily through Newtek Bank, National Association, a national bank that offers commercial lending, Small Business Administration (SBA) loans, business deposit accounts and treasury management services.
NewtekOne’s offerings are designed to address a range of business needs, including working capital, commercial real estate and equipment financing, payment processing, payroll, insurance and technology-related services.
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