Piper Sandler Issues Positive Forecast for NewtekOne (NASDAQ:NEWT) Stock Price

NewtekOne (NASDAQ:NEWT) had its price target lifted by Piper Sandler from $14.00 to $15.00 in a research report sent to investors on Friday,Benzinga reports. They currently have a neutral rating on the business services provider’s stock.

Several other research firms also recently commented on NEWT. Weiss Ratings raised NewtekOne from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. Raymond James Financial upgraded NewtekOne to a “hold” rating in a research note on Wednesday, July 1st. Finally, Keefe, Bruyette & Woods raised their target price on shares of NewtekOne from $12.00 to $13.00 and gave the stock a “market perform” rating in a research note on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $15.33.

NewtekOne Trading Down 9.5%

Shares of NewtekOne stock opened at $13.53 on Friday. The company’s fifty day simple moving average is $14.34 and its 200-day simple moving average is $13.28. The stock has a market capitalization of $390.88 million, a PE ratio of 6.09 and a beta of 1.27. NewtekOne has a 1-year low of $9.59 and a 1-year high of $15.69. The company has a debt-to-equity ratio of 6.76, a current ratio of 0.64 and a quick ratio of 0.64.

NewtekOne (NASDAQ:NEWT) last posted its quarterly earnings data 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 18.19% and a net margin of 15.57%.The firm had revenue of $90.05 million during the quarter, compared to analyst estimates of $75.00 million. As a group, equities analysts anticipate that NewtekOne will post 2.36 earnings per share for the current year.

NewtekOne Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Wednesday, June 24th were given a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 5.6%. The ex-dividend date was Wednesday, June 24th. NewtekOne’s payout ratio is presently 33.48%.

Insider Activity at NewtekOne

In other NewtekOne news, CEO Barry Sloane acquired 11,000 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was purchased at an average price of $14.21 per share, with a total value of $156,310.00. Following the completion of the purchase, the chief executive officer directly owned 1,176,914 shares in the company, valued at approximately $16,723,947.94. The trade was a 0.94% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders bought 18,567 shares of company stock valued at $261,156 in the last quarter. 5.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. LPL Financial LLC increased its holdings in shares of NewtekOne by 3.8% in the fourth quarter. LPL Financial LLC now owns 21,220 shares of the business services provider’s stock worth $241,000 after purchasing an additional 775 shares during the last quarter. Kestra Advisory Services LLC lifted its position in shares of NewtekOne by 6.8% in the first quarter. Kestra Advisory Services LLC now owns 18,951 shares of the business services provider’s stock worth $208,000 after buying an additional 1,209 shares in the last quarter. Cerity Partners LLC boosted its stake in NewtekOne by 18.0% during the fourth quarter. Cerity Partners LLC now owns 13,714 shares of the business services provider’s stock valued at $156,000 after buying an additional 2,095 shares during the last quarter. Rhumbline Advisers boosted its stake in NewtekOne by 6.1% during the second quarter. Rhumbline Advisers now owns 36,433 shares of the business services provider’s stock valued at $411,000 after buying an additional 2,108 shares during the last quarter. Finally, Man Group plc grew its holdings in NewtekOne by 6.1% during the 2nd quarter. Man Group plc now owns 40,138 shares of the business services provider’s stock valued at $453,000 after buying an additional 2,304 shares in the last quarter. 38.35% of the stock is currently owned by institutional investors.

More NewtekOne News

Here are the key news stories impacting NewtekOne this week:

• Positive Sentiment: Revenue significantly exceeded expectations. NewtekOne reported second-quarter revenue of $90.05 million, well above the $75 million analyst consensus. The company also posted $0.47 in diluted EPS, matching one consensus estimate and slightly exceeding Zacks’ $0.46 forecast. NewtekOne Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Piper Sandler raised its price target. The firm increased its target for NEWT from $14 to $15, suggesting additional potential upside, although it maintained a neutral rating. Piper Sandler Price Target Update
• Neutral Sentiment: Management’s earnings call may provide further context. The Q2 2026 conference call transcript is available for investors seeking details on operating trends, credit quality, funding and guidance. NewtekOne Q2 2026 Earnings Call Transcript
• Neutral Sentiment: NewtekOne’s 8.625% fixed-rate senior notes due 2029 remain part of the company’s capital structure. The high coupon may appeal to income-focused investors, while the debt obligation remains a consideration for equity holders. NewtekOne 8.625% Senior Notes
• Negative Sentiment: EPS declined from the year-ago period. Quarterly EPS of $0.47 compared with $0.52 a year earlier, potentially tempering the impact of the revenue beat. The neutral analyst rating also limits the bullish signal from the higher price target. NewtekOne Q2 Earnings Snapshot

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.