NewtekOne (NASDAQ:NEWT) Updates FY 2025 Earnings Guidance

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

NewtekOne Trading Up 8.6 %

NEWT traded up $1.05 during trading on Thursday, reaching $13.28. 200,715 shares of the company’s stock were exchanged, compared to its average volume of 152,394. The firm has a fifty day moving average price of $12.83 and a two-hundred day moving average price of $12.96. The stock has a market capitalization of $349.23 million, a PE ratio of 7.50 and a beta of 1.31. NewtekOne has a one year low of $10.07 and a one year high of $15.49. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 4.98.

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

NewtekOne Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, January 13th. Investors of record on Tuesday, December 31st were paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 5.72%. The ex-dividend date was Tuesday, December 31st. NewtekOne’s dividend payout ratio is presently 42.46%.

Analysts Set New Price Targets

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

Insider Transactions at NewtekOne

In other news, CEO Barry Sloane purchased 3,000 shares of the stock in a transaction on Monday, December 23rd. The shares were acquired at an average price of $12.95 per share, for a total transaction of $38,850.00. Following the completion of the transaction, the chief executive officer now directly owns 1,164,855 shares of the company’s stock, valued at approximately $15,084,872.25. This trade represents a 0.26 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Over the last 90 days, insiders acquired 4,750 shares of company stock valued at $61,368. 6.50% of the stock is owned by corporate insiders.

About NewtekOne

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.