NewtekOne (NASDAQ:NEWT) Issues FY 2026 Earnings Guidance

NewtekOne (NASDAQ:NEWT) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 1.700-1.800 for the period, compared to the consensus earnings per share estimate of 2.080. The company issued revenue guidance of -. NewtekOne also updated its FY 2027 guidance to 2.000-2.200 EPS.

NewtekOne Stock Down 3.3%

Shares of NASDAQ:NEWT opened at $11.91 on Friday. The company has a market capitalization of $344.08 million, a price-to-earnings ratio of 5.36 and a beta of 1.27. The company has a debt-to-equity ratio of 7.41, a current ratio of 0.65 and a quick ratio of 0.65. The business’s 50-day moving average is $14.05 and its 200-day moving average is $13.16. NewtekOne has a 1 year low of $9.59 and a 1 year high of $15.69.

NewtekOne (NASDAQ:NEWT) last released its earnings results on Thursday, August 6th. The business services provider reported $0.47 EPS 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 business had revenue of $90.05 million during the quarter, compared to analysts’ expectations of $75.00 million. Equities research analysts predict that NewtekOne will post 2.18 earnings per share for the current year.

NewtekOne Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Wednesday, June 24th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date was Wednesday, June 24th. NewtekOne’s dividend payout ratio (DPR) is presently 34.23%.

Wall Street Analyst Weigh In

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

Insider Buying and Selling at NewtekOne

In related news, CEO Barry Sloane bought 11,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were bought at an average price of $14.21 per share, with a total value of $156,310.00. Following the completion of the transaction, the chief executive officer directly 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders purchased a total of 17,500 shares of company stock valued at $246,965 in the last 90 days. 5.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On NewtekOne

A number of hedge funds have recently bought and sold shares of NEWT. Man Group plc grew its stake in shares of NewtekOne by 6.4% in the 4th quarter. Man Group plc now owns 45,906 shares of the business services provider’s stock worth $521,000 after acquiring an additional 2,761 shares in the last quarter. Bridgeway Capital Management LLC purchased a new stake in shares of NewtekOne in the fourth quarter valued at about $337,000. Almitas Capital LLC bought a new position in shares of NewtekOne during the fourth quarter valued at about $608,000. Trexquant Investment LP lifted its position in shares of NewtekOne by 11.5% during the fourth quarter. Trexquant Investment LP now owns 145,253 shares of the business services provider’s stock valued at $1,649,000 after purchasing an additional 14,977 shares in the last quarter. Finally, Jump Financial LLC boosted its holdings in NewtekOne by 21.8% during the fourth quarter. Jump Financial LLC now owns 88,084 shares of the business services provider’s stock worth $1,000,000 after purchasing an additional 15,784 shares during the last quarter. 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.