NewtekOne (NASDAQ:NEWT) Issues FY 2025 Earnings Guidance

NewtekOne (NASDAQ:NEWT) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.100-2.500 for the period, compared to the consensus estimate of 2.110. The company issued revenue guidance of -.

NewtekOne Stock Performance

NASDAQ NEWT traded down $0.07 during midday trading on Friday, hitting $12.95. The company had a trading volume of 92,449 shares, compared to its average volume of 156,435. The firm has a fifty day simple moving average of $12.84 and a two-hundred day simple moving average of $12.96. The stock has a market cap of $340.68 million, a price-to-earnings ratio of 7.24 and a beta of 1.31. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 4.98. NewtekOne has a fifty-two week low of $10.07 and a fifty-two week high of $15.49.

NewtekOne (NASDAQ:NEWT) last issued its quarterly earnings results on Wednesday, February 26th. The business services provider reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.03. The firm had revenue of $75.37 million for the quarter, compared to analyst estimates of $69.55 million. NewtekOne had a return on equity of 18.73% and a net margin of 14.92%. Equities analysts forecast that NewtekOne will post 1.93 earnings per share for the current fiscal year.

NewtekOne Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 13th. Investors of record on Tuesday, December 31st were paid a $0.19 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.87%. NewtekOne’s payout ratio is 42.46%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Piper Sandler lifted their price target on shares of NewtekOne from $13.00 to $15.00 and gave the stock a “neutral” rating in a research note on Monday, November 11th. B. Riley upped their target price on shares of NewtekOne from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Thursday, December 19th. Finally, Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $15.00 price target (up previously from $13.00) on shares of NewtekOne in a research report on Friday, November 8th.

Insiders Place Their Bets

In other news, CEO Barry Sloane bought 3,000 shares of the stock in a transaction dated Monday, December 23rd. The shares were acquired at an average price of $12.95 per share, with a total value of $38,850.00. Following the acquisition, the chief executive officer now owns 1,164,855 shares in the company, valued at $15,084,872.25. This trade represents a 0.26 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders purchased 4,750 shares of company stock worth $61,368 over the last three months. 6.50% of the stock is currently owned by corporate insiders.

NewtekOne Company Profile

NewtekOne, Inc operates as the bank holding company for Newtek Bank, National Association that engages in the provision of various business and financial solutions under the Newtek brand name to the small- and medium-sized business market. The company accepts demand, savings, NOW, money market, and time deposits; and provides loans including SBA loans, commercial and industrial loans, and commercial real estate loans.