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NEWT

Newtek Business Services NasdaqGM:NEWT Stock Report

Last Price

US$18.31

Market Cap

US$447.2m

7D

3.2%

1Y

-38.9%

Updated

01 Dec, 2022

Data

Company Financials +
NEWT fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance1/6
Financial Health1/6
Dividends2/6

NEWT Stock Overview

Newtek Business Services Corp. is a business development company specializing in providing financial and business services to the small-and medium-sized business market in the United States.

Newtek Business Services Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Newtek Business Services
Historical stock prices
Current Share PriceUS$18.31
52 Week HighUS$31.49
52 Week LowUS$14.75
Beta1.19
1 Month Change13.66%
3 Month Change-12.81%
1 Year Change-38.91%
3 Year Change-21.28%
5 Year Change-0.055%
Change since IPO-44.73%

Recent News & Updates

Newtek: A Logical Capital Return Framework Would Make Shares Attractive

Sep 25

Recent updates

Should You Be Adding Newtek Business Services (NASDAQ:NEWT) To Your Watchlist Today?

Nov 17
Should You Be Adding Newtek Business Services (NASDAQ:NEWT) To Your Watchlist Today?

Newtek Business Services (NASDAQ:NEWT) Will Pay A Larger Dividend Than Last Year At US$0.90

Aug 28
Newtek Business Services (NASDAQ:NEWT) Will Pay A Larger Dividend Than Last Year At US$0.90

Newtek Business Services (NASDAQ:NEWT) Is Paying Out A Larger Dividend Than Last Year

Aug 14
Newtek Business Services (NASDAQ:NEWT) Is Paying Out A Larger Dividend Than Last Year

Analysts Are Betting On Newtek Business Services Corp. (NASDAQ:NEWT) With A Big Upgrade This Week

May 15
Analysts Are Betting On Newtek Business Services Corp. (NASDAQ:NEWT) With A Big Upgrade This Week

Forecast: Analysts Think Newtek Business Services Corp.'s (NASDAQ:NEWT) Business Prospects Have Improved Drastically

Mar 24
Forecast: Analysts Think Newtek Business Services Corp.'s (NASDAQ:NEWT) Business Prospects Have Improved Drastically

Read This Before Considering Newtek Business Services Corp. (NASDAQ:NEWT) For Its Upcoming US$0.50 Dividend

Mar 14
Read This Before Considering Newtek Business Services Corp. (NASDAQ:NEWT) For Its Upcoming US$0.50 Dividend

Here's How We Evaluate Newtek Business Services Corp.'s (NASDAQ:NEWT) Dividend

Mar 09
Here's How We Evaluate Newtek Business Services Corp.'s (NASDAQ:NEWT) Dividend

Did You Participate In Any Of Newtek Business Services' (NASDAQ:NEWT) Fantastic 228% Return ?

Feb 02
Did You Participate In Any Of Newtek Business Services' (NASDAQ:NEWT) Fantastic 228% Return ?

What We Learned About Newtek Business Services' (NASDAQ:NEWT) CEO Compensation

Dec 11
What We Learned About Newtek Business Services' (NASDAQ:NEWT) CEO Compensation

Shareholder Returns

NEWTUS Capital MarketsUS Market
7D3.2%0.6%1.4%
1Y-38.9%-18.0%-16.1%

Return vs Industry: NEWT underperformed the US Capital Markets industry which returned -15.9% over the past year.

Return vs Market: NEWT underperformed the US Market which returned -14.8% over the past year.

Price Volatility

Is NEWT's price volatile compared to industry and market?
NEWT volatility
NEWT Average Weekly Movement6.7%
Capital Markets Industry Average Movement0.5%
Market Average Movement7.4%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.3%

Stable Share Price: NEWT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: NEWT's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998104Barry Sloanehttps://www.newtekone.com

Newtek Business Services Corp. is a business development company specializing in providing financial and business services to the small-and medium-sized business market in the United States. The firm also seeks to invest in early stage businesses. The firm seeks to makes both debt and equity investments.

Newtek Business Services Corp. Fundamentals Summary

How do Newtek Business Services's earnings and revenue compare to its market cap?
NEWT fundamental statistics
Market CapUS$447.22m
Earnings (TTM)US$54.56m
Revenue (TTM)US$87.96m

8.2x

P/E Ratio

5.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NEWT income statement (TTM)
RevenueUS$87.96m
Cost of RevenueUS$0
Gross ProfitUS$87.96m
Other ExpensesUS$33.40m
EarningsUS$54.56m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.23
Gross Margin100.00%
Net Profit Margin62.03%
Debt/Equity Ratio139.2%

How did NEWT perform over the long term?

See historical performance and comparison

Dividends

15.0%

Current Dividend Yield

137%

Payout Ratio

Does NEWT pay a reliable dividends?

See NEWT dividend history and benchmarks
When do you need to buy NEWT by to receive an upcoming dividend?
Newtek Business Services dividend dates
Ex Dividend DateDec 19 2022
Dividend Pay DateDec 30 2022
Days until Ex dividend17 days
Days until Dividend pay date28 days

Does NEWT pay a reliable dividends?

See NEWT dividend history and benchmarks