NewtekOne (NASDAQ:NEWT) Issues FY 2027 Earnings Guidance

NewtekOne (NASDAQ:NEWT) updated its FY 2027 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 2.000-2.200 for the period, compared to the consensus earnings per share 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 Down 3.3%

NEWT traded down $0.41 during trading on Friday, hitting $11.91. The stock had a trading volume of 670,144 shares, compared to its average volume of 239,099. NewtekOne has a twelve month low of $9.59 and a twelve month high of $15.69. The stock has a 50 day simple moving average of $14.09 and a two-hundred day simple moving average of $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 capitalization of $344.08 million, a PE ratio of 5.36 and a beta of 1.27.

NewtekOne (NASDAQ:NEWT) last announced its earnings results 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 firm had revenue of $90.05 million for the quarter, compared to the consensus estimate of $75.00 million. On average, research analysts predict that NewtekOne will post 2.18 earnings per share for the current year.

NewtekOne Dividend Announcement

The firm 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 annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend was Wednesday, June 24th. NewtekOne’s dividend payout ratio (DPR) is currently 34.23%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on NEWT shares. Piper Sandler lifted their price objective on shares of 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 shares of NewtekOne from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, August 18th. Zacks Research lowered NewtekOne from a “hold” rating to a “strong sell” rating in a research note on Friday, August 7th. Keefe, Bruyette & Woods upped their price target on NewtekOne from $12.00 to $13.00 and gave the stock a “market perform” rating in a report on Friday, May 1st. Finally, Wall Street Zen downgraded NewtekOne from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. One analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, NewtekOne currently has a consensus rating of “Hold” and a consensus price target of $15.33.

Insider Activity

In related news, CEO Barry Sloane bought 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, with a total value of $71,000.00. Following the completion of the purchase, the chief executive officer directly owned 1,181,914 shares of the company’s stock, valued at approximately $16,783,178.80. This trade represents a 0.42% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders have bought a total of 17,500 shares of company stock valued at $246,965 in the last quarter. 5.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Man Group plc boosted its holdings in 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 buying an additional 2,761 shares during the last quarter. Bridgeway Capital Management LLC acquired a new position in shares of NewtekOne during the fourth quarter valued at approximately $337,000. Almitas Capital LLC purchased a new position in shares of NewtekOne in the fourth quarter valued at approximately $608,000. Trexquant Investment LP lifted its position in shares of NewtekOne by 11.5% in the fourth quarter. Trexquant Investment LP now owns 145,253 shares of the business services provider’s stock valued at $1,649,000 after acquiring an additional 14,977 shares in the last quarter. Finally, Jump Financial LLC boosted its stake in shares of NewtekOne by 21.8% in the fourth quarter. Jump Financial LLC now owns 88,084 shares of the business services provider’s stock worth $1,000,000 after acquiring an additional 15,784 shares during the last quarter. 38.35% of the stock is 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.