NewtekOne, Inc. (NASDAQ:NEWT) is currently receiving a “Hold” recommendation from four brokerages covering the stock, according to Bloomberg Ratings. Among the analysts who have issued their ratings on the stock, three recommend holding the stock, while one has given a buy recommendation. The average 12-month price target among these brokerages is $17.50.

On September 25, 2023, NASDAQ:NEWT opened at $14.80. The company displays a current ratio of 2.55 and a quick ratio of 2.55, indicating its ability to meet short-term obligations. NewtekOne also holds a debt-to-equity ratio of 5.70. In terms of its price range over the past year, it reached a low point of $10.75 and a high point of $20.83. With regard to market capitalization, NewtekOne has been valued at $365.12 million.

Additionally, NewtekOne boasts a PE (price-to-earnings) ratio of 13.58 and exhibits a beta of 1.33, denoting its volatility in relation to the market as a whole. As for its moving averages over both 50 days and 200 days, they are recorded at $17.51 and $14.87 respectively.

In recent news, CEO Barry Sloane acquired 2,000 shares of NewtekOne stock on August 15th at an average price of $17.57 per share; this equates to a total transaction value of $35,1400 million.Upon completion of this purchase, Sloane now possesses 1,126,048 shares in the company with an estimated value of approximately $19,784663 million.In compliance with SEC regulations,the details regarding this acquisition were disclosed in an official document accessible through its website.Meanwhile,during the last financial quarter,the company insiders collectively purchased 9,000 shares of NewtekOne stock valuing $150,310.NewtekOne’s corporate insiders presently own 6.40%of the company’s stock.

As of Wednesday, August 2nd, NewtekOne announced its quarterly earnings results.The business services provider reported an EPS (earnings per share) of $0.26 for the quarter.This figure matched the analysts’ consensus estimates exactly.NewtekOne accomplished a net margin of 15.62% and achieved a return on equity that amounted to 12.02%.During this period,the company generated revenue totaling $52.10 million;this came close to the consensus estimate for revenue which was at approximately $53.41 million.Research analysts expect that,for the present fiscal year,NewtekOne will report an earning per share amounting to 1.71.

Assessing NewtekOne’s Potential: Analyst Reports, Dividend Payouts, and Market Perceptions

In recent times, NewtekOne, a prominent company in the business sector, has become the focus of various research reports. Analysts from Compass Point have reviewed the company and adjusted their price objective for its shares from $10.50 to $16.00. Additionally, they assigned NewtekOne a “neutral” rating in their comprehensive research report released on Wednesday, August 30th. Similarly, B. Riley analysts increased their price objective for NewtekOne shares from $20.00 to $21.00 and issued the company a “buy” rating in their research report on Monday, August 14th.

However, an alternate perspective emerged as StockNews.com downgraded NewtekOne shares from a “hold” rating to a “sell” rating in their research report published on Friday, September 1st. Such diverse opinions reflect the complexities of analyzing and evaluating companies within the constantly evolving business landscape.

Further insights into NewtekOne’s performance were provided by Keefe, Bruyette & Woods analysts who revised their price objective for the company’s shares from $12.00 to $20.00 in their research report dated Sunday, July 16th.

Moreover, besides these assessments by industry experts and analysts, there are additional factors that have influenced market perceptions of NewtekOne’s value proposition and potential for growth.

On Friday, July 21st, NewtekOne announced its quarterly Dividend payout which was distributed to investors accordingly. Investors who held NewtekOne shares on record as of Monday, July 10th were entitled to receive a dividend payment of $0.18 per share owned. This translates to an annualized dividend of $0.72 per share with a noteworthy dividend yield of 4.86%. Notably, shareholders who were not listed as owners on the ex-dividend date of Friday, July 7th did not qualify for this dividend distribution.

Taking into consideration the dividend payout ratio (DPR) of NewtekOne, which currently stands at 66.06%, investors can gauge the company’s commitment to returning value to its shareholders. The DPR is a valuable metric that evaluates the proportion of earnings that a corporation allocates towards dividend payments.

As with any investment proposition, it is essential for investors to assess and analyze the research reports available on NewtekOne in order to make informed decisions about their financial portfolios. The divergent perspectives provided by industry experts highlight the challenges faced when attempting to predict market outcomes with certainty.

The research reports’ varying assessments coupled with NewtekOne’s recent dividend announcement provide investors with valuable insights into the potential risks and rewards associated with investing in this company. As always, it is prudent for investors to conduct thorough due diligence and consult with financial professionals before making any investment decisions.

Please note that this article was written retrospectively on September 25, 2023, based on information available at that time.

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