NewtekOne (NASDAQ:NEWT) Releases FY 2025 Earnings Guidance

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

NewtekOne Trading Down 0.2 %

NASDAQ:NEWT traded down $0.03 on Friday, hitting $12.99. 233,589 shares of the stock were exchanged, compared to its average volume of 160,130. The stock has a market capitalization of $341.70 million, a price-to-earnings ratio of 7.26 and a beta of 1.31. The company has a debt-to-equity ratio of 4.98, a quick ratio of 0.75 and a current ratio of 0.75. NewtekOne has a 52 week low of $10.07 and a 52 week high of $15.49. The company's 50-day moving average price is $12.85 and its 200 day moving average price is $12.98.

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

NewtekOne Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, January 13th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.76 annualized dividend and a dividend yield of 5.85%. NewtekOne's payout ratio is currently 38.97%.

Analyst Ratings Changes

Several research firms recently weighed in on NEWT. Keefe, Bruyette & Woods reissued a "market perform" rating and set a $15.00 price objective (up previously from $13.00) on shares of NewtekOne in a research note on Friday, November 8th. 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 report on Monday, November 11th. Finally, B. Riley upped their price objective on shares of NewtekOne from $13.00 to $14.00 and gave the company a "neutral" rating in a research report on Thursday, December 19th.

Insiders Place Their Bets

In related news, CEO Barry Sloane bought 3,000 shares of NewtekOne stock in a transaction that occurred on Monday, December 23rd. The stock was purchased at an average cost of $12.95 per share, with a total value of $38,850.00. Following the purchase, the chief executive officer now owns 1,164,855 shares in the company, valued at approximately $15,084,872.25. This trade represents a 0.26 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders have purchased 4,750 shares of company stock worth $61,368. Company insiders own 6.50% of the company's stock.

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.