Newtek Business Services Corp. (NEWT)

Market Cap	333.49M
Revenue (ttm)	166.20M
Net Income (ttm)	25.28M
Shares Out	24.65M
EPS (ttm)	1.01
PE Ratio	13.40
Forward PE	6.08
Dividend	$0.72 (5.32%)
Ex-Dividend Date	Oct 6, 2023

Volume	76,772
Open	13.28
Previous Close	13.28
Day's Range	13.28 - 13.71
52-Week Range	10.75 - 20.83
Beta	1.43
Analysts	Buy
Price Target	16.33 (+20.7%)
Earnings Date	Nov 7, 2023

About NEWT

NewtekOne, Inc., a financial holding company, provides a range of business and financial solutions to the small- and medium-sized business market. Its business and financial solutions include banking services, business lending, electronic payment processing, ecommerce, accounts receivable financing and inventory financing, insurance solutions, web services, and payroll and benefits solutions, as well as technology solutions, including cloud computing, data backup, storage, retrieval, and IT consulting. The company was founded in 1998 and is bas...

• Industry: Asset Management
• Sector: Financials
• CEO: Barry Scott Sloane
• Employees: 104
• Stock Exchange: NASDAQ
• Ticker Symbol: NEWT

Financial Performance

In 2022, NEWT's revenue was $86.24 million, a decrease of -20.51% compared to the previous year's $108.49 million. Earnings were $32.31 million, a decrease of -61.60%.

Analyst Forecast

According to 4 analysts, the average rating for NEWT stock is "Buy." The 12-month stock price forecast is $16.33, which is an increase of 20.70% from the latest price.

Price Target

$16.33

(20.70% upside)

Analyst Consensus: Buy