NewtekOne (NASDAQ:NEWT) Issues FY 2027 Earnings Guidance

NewtekOne (NASDAQ:NEWT) updated its FY 2027 earnings guidance on Friday. The company provided EPS guidance of 2.000-2.200 for the period, compared to the consensus EPS estimate of 2.370. The company issued revenue guidance of -. NewtekOne also updated its FY 2026 guidance to 1.700-1.800 EPS.

NewtekOne Price Performance

Shares of NASDAQ:NEWT traded down $0.41 during midday trading on Friday, hitting $11.91. The company’s stock had a trading volume of 670,144 shares, compared to its average volume of 239,099. The business’s 50 day simple moving average is $14.09 and its 200 day simple moving average is $13.17. The company has a debt-to-equity ratio of 7.41, a quick ratio of 0.65 and a current ratio of 0.65. The company has a market cap of $344.08 million, a P/E ratio of 5.36 and a beta of 1.27. NewtekOne has a 12-month low of $9.59 and a 12-month high of $15.69.

NewtekOne (NASDAQ:NEWT) last announced its quarterly earnings data on Thursday, August 6th. The business services provider reported $0.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.47. The company had revenue of $90.05 million during the quarter, compared to analysts’ expectations of $75.00 million. NewtekOne had a net margin of 15.57% and a return on equity of 17.97%. On average, analysts forecast that NewtekOne will post 2.18 EPS for the current year.

NewtekOne Announces Dividend

The business 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 was Wednesday, June 24th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 6.4%. NewtekOne’s dividend payout ratio is 34.23%.

Analyst Upgrades and Downgrades

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

Insider Activity

In other news, CEO Barry Sloane purchased 5,000 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was acquired at an average price of $14.20 per share, for a total transaction of $71,000.00. Following the acquisition, the chief executive officer directly owned 1,181,914 shares of the company’s stock, valued at approximately $16,783,178.80. This represents a 0.42% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last three months, insiders have purchased 17,500 shares of company stock worth $246,965. 5.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Advisory Services Network LLC acquired a new stake in NewtekOne during the third quarter worth $46,000. Quantbot Technologies LP acquired a new position in shares of NewtekOne in the 2nd quarter valued at $107,000. Cerity Partners LLC lifted its stake in shares of NewtekOne by 18.0% in 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 during the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in shares of NewtekOne during the 3rd quarter worth $191,000. Finally, Kestra Advisory Services LLC grew its holdings in shares of NewtekOne by 13.7% during the 4th 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. 38.35% of the stock is currently owned by hedge funds and other institutional investors.

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.