NewtekOne (NASDAQ:NEWT) Updates FY 2027 Earnings Guidance

NewtekOne (NASDAQ:NEWT) updated its FY 2027 earnings guidance on Friday morning. The company provided 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

Shares of NEWT stock traded down $0.41 on Friday, hitting $11.91. 670,149 shares of the stock were exchanged, compared to its average volume of 239,649. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 7.41. The firm has a market capitalization of $344.08 million, a PE ratio of 5.36 and a beta of 1.27. NewtekOne has a one year low of $9.59 and a one year high of $15.69. The firm’s 50 day moving average is $14.09 and its two-hundred day moving average is $13.17.

NewtekOne (NASDAQ:NEWT) last announced its quarterly earnings data on Thursday, August 6th. The business services provider reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. NewtekOne had a return on equity of 17.97% and a net margin of 15.57%.The company had revenue of $90.05 million during the quarter, compared to analyst estimates of $75.00 million. Sell-side analysts expect that NewtekOne will post 2.18 earnings per share for the current fiscal year.

NewtekOne Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of analysts recently commented on NEWT shares. Weiss Ratings cut shares of NewtekOne from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 18th. Zacks Research lowered shares of NewtekOne from a “hold” rating to a “strong sell” rating in a research note on Friday, August 7th. Keefe, Bruyette & Woods boosted their target price on shares of NewtekOne from $12.00 to $13.00 and gave the company a “market perform” rating in a report on Friday, May 1st. Wall Street Zen downgraded NewtekOne from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. Finally, Raymond James Financial raised NewtekOne to a “hold” rating in a report on Wednesday, July 1st. 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’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $15.33.

Insider Buying and Selling at NewtekOne

In other news, CEO Barry Sloane purchased 5,000 shares of the stock in a transaction dated Monday, June 15th. The shares were purchased at an average cost of $14.20 per share, with a total value of $71,000.00. Following the completion of the acquisition, the chief executive officer owned 1,181,914 shares in the company, valued at $16,783,178.80. This represents a 0.42% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders bought 17,500 shares of company stock worth $246,965 in the last quarter. Corporate insiders own 5.90% of the company’s stock.

Hedge Funds Weigh In On NewtekOne

Several hedge funds have recently bought and sold shares of NEWT. Advisory Services Network LLC purchased a new stake in NewtekOne in the 3rd quarter worth approximately $46,000. Quantbot Technologies LP purchased a new position in shares of NewtekOne during the 2nd quarter valued at $107,000. Cerity Partners LLC grew its position in shares of NewtekOne by 18.0% during the 4th quarter. Cerity Partners LLC now owns 13,714 shares of the business services provider’s stock valued at $156,000 after purchasing an additional 2,095 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new position in shares of NewtekOne in the third quarter worth $191,000. Finally, Kestra Advisory Services LLC increased its holdings 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 purchasing an additional 2,136 shares during the period. Hedge funds and other institutional investors own 38.35% of the company’s stock.

About NewtekOne

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.