Newtek Business Services Corp. (NEWT)
NASDAQ: NEWT · IEX Real-Time Price · USD
11.00
-0.07 (-0.63%)
At close: Mar 28, 2024, 4:00 PM
11.32
+0.32 (2.91%)
After-hours: Mar 28, 2024, 6:45 PM EDT

Newtek Business Services Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for NEWT stock have an average target of 14.5, with a low estimate of 11 and a high estimate of 18. The average target predicts an increase of 31.82% from the current stock price of 11.00.

Analyst Consensus: Buy
Target Low Average Median High
Price $11 $14.5 $16 $18
Change 0.00% +31.82% +45.45% +63.64%

Analyst Ratings

The average analyst rating for NEWT stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 111111
Buy 000000
Hold 333333
Sell 000000
Strong Sell 000000
Total 444444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$16$13
Hold Maintains $16$13 +18.18% Mar 20, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$13$11
Hold Maintains $13$11 n/a Mar 18, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$17$16
Hold Maintains $17$16 +45.45% Mar 7, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Reiterates
$19$18
Strong Buy Reiterates $19$18 +63.64% Mar 7, 2024
Compass Point
Compass Point
Hold
Maintains
$11$16
Hold Maintains $11$16 +45.45% Aug 30, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
216.77M
from 86.24M
Increased by 151.35%
Revenue Next Year
245.34M
from 216.77M
Increased by 13.18%
EPS This Year
1.71
from 1.34
Increased by 27.63%
EPS Next Year
1.88
from 1.71
Increased by 9.91%
Year 20182019202020212022202320242025
Revenue
49.52M59.30M92.20M108.49M86.24M216.77M245.34M254.93M
Revenue Growth
27.24%19.75%55.50%17.67%-20.51%151.35%13.18%3.91%
EPS
1.912.131.593.691.341.711.882.15
EPS Growth
-15.11%11.52%-25.35%132.08%-63.69%27.63%9.91%14.44%
No. Analysts -----886
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202320242025
High 224.5M 252.9M 262.4M
Avg 216.8M 245.3M 254.9M
Low 207.0M 235.4M 244.9M

Revenue Growth

Revenue Growth 202320242025
High
160.3%
16.6%
7.0%
Avg
151.3%
13.2%
3.9%
Low
140.0%
8.6%
-0.2%

EPS Forecast

EPS 202320242025
High 1.79 2.10 2.52
Avg 1.71 1.88 2.15
Low 1.62 1.72 1.84

EPS Growth

EPS Growth 202320242025
High
33.2%
22.8%
34.1%
Avg
27.6%
9.9%
14.4%
Low
20.7%
0.9%
-2.0%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.