NewtekOneNEWT
NEWT
About: NewtekOne Inc is a financial holding company engaged in providing financial solutions, It has developed a financial and technology-based business model that enables itself to acquire and process its clients in a very cost-effective manner. This capability is supported in large part by NewTracker, its patented prospect management technology software, that will allow NewtekOne clients to easily interact with NewtekOne subject matter experts in the areas of Banking, Lending, Payments, Technology, Payroll, and Insurance. It offers NewtekOne's clients a single online dashboard to access all of NewtekOne's business and financial solutions. It has four reportable segments Banking, Technology, NSBF, and Payments.
Employees: 570
0
Funds holding %
of 6,780 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
28% more call options, than puts
Call options by funds: $604K | Put options by funds: $472K
22% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 32
11% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 18
2% more funds holding
Funds holding: 101 [Q2] → 103 (+2) [Q3]
5.24% less ownership
Funds ownership: 40.31% [Q2] → 35.07% (-5.24%) [Q3]
10% less capital invested
Capital invested by funds: $125M [Q2] → $113M (-$12.6M) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$13
10%
downside
Avg. target
$14.33
1%
downside
High target
$15
4%
upside
3 analyst ratings
0 positive
0%
3 neutral
100%
0 negative
0%
Piper Sandler Crispin Love 80% 1-year accuracy 20 / 25 met price target | 4%upside $15 | Neutral Maintained | 11 Nov 2024 |
Keefe, Bruyette & Woods Timothy Switzer 100% 1-year accuracy 12 / 12 met price target | 4%upside $15 | Market Perform Reiterated | 8 Nov 2024 |
B. Riley Securities Bryce Rowe 20% 1-year accuracy 1 / 5 met price target | 10%downside $13 | Neutral Downgraded | 4 Sept 2024 |
Financial journalist opinion
Based on 8 articles about NEWT published over the past 30 days
Neutral
Zacks Investment Research
5 days ago
Is the Options Market Predicting a Spike in NewtekOne (NEWT) Stock?
Investors need to pay close attention to NewtekOne (NEWT) stock based on the movements in the options market lately.
Neutral
GlobeNewsWire
2 weeks ago
Newtek Bank, N.A. Launches Newtek Zero-Fee Business Banking™
Goal is to Attract Business Deposits with Full Transparency, Trust, and Low Cost Goal is to Attract Business Deposits with Full Transparency, Trust, and Low Cost
Neutral
GlobeNewsWire
2 weeks ago
NewtekOne, Inc.'s, CEO, Barry Sloane, Interviewed at the LD Micro Main Event XVII Investor Conference
BOCA RATON, Fla., Nov. 14, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc.'s (NASDAQ: NEWT) CEO, President, and Chairman, Barry Sloane, was recently interviewed by Chris Miglino, founder and CEO, of Sequire, at the LD Micro Main Event XVII Investor Conference. During the interview, Mr. Sloane discussed the history of NewtekOne and its importance in the business marketplace today with its ecosystem of offerings available to the approximate 30 million independent business owners across the United States. During this 13-minute interview, Mr. Sloane explains the importance of what NewtekOne has accomplished during its two decades of operating history and experience serving independent business owners, as well as how it is strategically positioned to continue to grow and capture market share as a bank holding company owning a nationally chartered bank in this vital demographic. To listen to the full interview please click on the following link Interview with NewtekOne CEO, Barry Sloane or visit NewtekOne's website at NewtekOne, Inc. Events and Presentations. If you have any questions or would like to discuss these topics in further detail, please contact Jayne Cavuoto, Director of Investor Relations at NewtekOne, Inc. at jcavuoto@newtekone.com.
Neutral
Seeking Alpha
3 weeks ago
NewtekOne, Inc. (NEWT) Q3 2024 Earnings Call Transcript
NewtekOne, Inc. (NASDAQ:NEWT ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Barry Sloane - Founder, President and CEO Scott Price - Chief Financial Officer, NewtekOne and Newtek Bank National Association Nicolas Young - President and COO, Newtek Bank Conference Call Participants Crispin Love - Piper Sandler Tim Switzer - KBW Steve Moss - Raymond James Christopher Nolan - Ladenburg Thalmann & Co. Operator Good day and thank you for standing by. Welcome to the NewtekOne, Inc. Third Quarter 2024 Earnings Conference Call.
Positive
Zacks Investment Research
3 weeks ago
NewtekOne (NEWT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for NewtekOne (NEWT) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
3 weeks ago
NewtekOne (NEWT) Q3 Earnings and Revenues Top Estimates
NewtekOne (NEWT) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.38 per share a year ago.
Neutral
GlobeNewsWire
3 weeks ago
NewtekOne, Inc. Reports Third Quarter 2024 Earnings of $0.45 per Basic and Diluted Common Share
Growth in Deposits, Loans and Payments Segment Lead the Third Quarter 2024 Results Growth in Deposits, Loans and Payments Segment Lead the Third Quarter 2024 Results
Positive
Zacks Investment Research
3 weeks ago
Gear Up for NewtekOne (NEWT) Q3 Earnings: Wall Street Estimates for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for NewtekOne (NEWT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
Neutral
GlobeNewsWire
1 month ago
NewtekOne, Inc. Announces Appointment of a New Independent Director
BOCA RATON, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today the appointment of Craig “CJ” Brunet as a member of the boards of directors of NewtekOne, Inc. and Newtek Bank N.A.
Neutral
GlobeNewsWire
1 month ago
NewtekOne, Inc. CEO, Barry Sloane, to Present at the LD Micro Main Event XVII on October 29, 2024
BOCA RATON, Fla., Oct. 25, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today that NewtekOne's CEO and President, Barry Sloane, will present at the LD Micro Main Event XVII on Tuesday, October 29, 2024 at 11:00AM ET (8:00AM PT), Track 1, at the Luxe Sunset Blvd Hotel in Los Angeles, CA. Mr. Sloane will hold one-on-one meetings on October 29-30, 2024. To schedule a meeting, please contact your LD Micro representative, or Jayne Cavuoto, Director of Investor Relations at NewtekOne at jcavuoto@newtekone.com.
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