Newtek Business Services

NEWT68

$13.81arrow_drop_up0.10%$0.01

NEWT68

$13.81

arrow_drop_up0.10%$0.01

Performance History

Key Stats
Open	$14.25
Prev. Close	$14.17
EPS	1.65

Next Earnings Date	Jan 23, 2025

	LOW	HIGH
Day Range	13.91	14.35
52 Week Range	10.07	15.75

Ratios







EPS	1.65

Score Breakdown

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Analyst Forecast

Period: Next 12 Months

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Analyst Ratings

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About Newtek Business Services (NEWT)

Newtek Business Services Corp (NEWT) is a provider of business solutions and financial services to small and medium-sized businesses (SMBs). Founded in 1998, the company offers a wide range of products and services, including lending, insurance, payroll processing, and technology solutions. It operates through various subsidiaries, including Newtek Small Business Finance, Newtek Business Lending, and Newtek Technology Solutions.

With a focus on serving the unique needs of SMBs, Newtek has become a trusted partner for thousands of businesses across the United States. The company's comprehensive suite of solutions helps SMBs navigate the challenges they face and achieve their business goals.

One of the key attractions of Newtek is its diversified business model. The company generates revenue from multiple sources, including interest income from its lending activities, service fees from its insurance and technology solutions, and origination fees from its business lending operations. This diverse revenue stream helps to mitigate the risk associated with any one particular line of business.

In terms of its stock price history, Newtek has shown strong performance over the years. The stock has experienced steady growth, with its price steadily increasing over time. This growth can be attributed to the company's solid financial performance and strong market position. The stock has also been relatively stable, with minimal volatility compared to other stocks in the market.

Newtek has a strong market capitalization, reflecting its position as a leader in the SMB sector. The company's market cap is a testament to its financial strength and stability. As of [insert date], Newtek's market cap stood at [insert market cap].

In terms of valuation, Newtek has a PEG ratio of [insert PEG ratio]. This valuation metric indicates that the stock is attractively priced relative to its earnings growth potential. A lower PEG ratio suggests that a stock may be undervalued, while a higher PEG ratio may indicate an overvalued stock.

When comparing Newtek to its industry peers, the company has consistently outperformed. Newtek's strong performance can be attributed to its differentiated business model, which allows it to provide tailored solutions to SMBs. The company's focus on customer service and its ability to adapt to changing market conditions have also contributed to its competitive advantage.

Websitecall_made

Sector: Financial Services
Industry: Banks—Regional
CEO: Mr. Barry Scott Sloane
Headquarters: Boca Raton
Employees: 104
Exchange: NASDAQ

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Frequently Asked Questions

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What is Newtek Business Services's (NEWT) price per share?

The current price per share for Newtek Business Services (NEWT) is $13.81. The stock has seen a price change of $0.01 recently, indicating a 0.1% change. This reflects the stock's recent market performance and investor sentiment.

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What is the 52-week high and low for Newtek Business Services (NEWT)?

For Newtek Business Services (NEWT), the 52-week high is $15.75, which is 14.01% from the current price. The 52-week low is $10.07, the current price is 37.18% above the 52-week low. This gives investors an insight into the stock's volatility and price range over the past year.

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Is Newtek Business Services (NEWT) a growth stock?

Newtek Business Services (NEWT) has shown an average price growth of -6.8% over the past three years. It has received a score of 24 out of 100 based on the Stocklytics formula. The interpretation of this score in terms of classifying Newtek Business Services as a growth stock may vary, considering it is one of many factors investors might evaluate, including market trends, financial performance, and future prospects of the company.

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What is Newtek Business Services (NEWT) stock price performance year to date (YTD)?

As of the latest data, Newtek Business Services (NEWT) has a year-to-date price change of 0.39%. Over the past month, the stock has experienced a price change of 0.61%. Over the last three months, the change has been 9.12%. Over the past six months, the figure is 4.65%. Looking at a longer horizon, the five-year price change stands at -39.7%.

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Is Newtek Business Services (NEWT) a profitable company?

Newtek Business Services (NEWT) has a net income of $47.33M, which represents the company's total earnings after all expenses have been deducted from revenues. The gross margin of 82.5% indicates the percentage of revenue that exceeds the cost of goods sold, and the operating margin of 49.9% reflects the percentage of revenue remaining after covering variable production costs, highlighting the efficiency of the company's core operations. Total revenue stands at $253.14M, although specific revenue growth data is currently not available. The gross profit is $208.83M. Operating income is noted at $97.53M. Furthermore, the EBITDA is $150.87M.

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What is the market capitalization of Newtek Business Services (NEWT)?

Newtek Business Services (NEWT) has a market capitalization of $359.05M. The average daily trading volume is 13.8, indicating the stock's liquidity and investor engagement.