Newtek Business Services Stock Today
| NEWT Stock | USD 14.08 0.28 2.03% |
Performance5 of 100
| Odds Of DistressLess than 9
|
Newtek Business is selling for under 14.08 as of the 22nd of November 2024; that is 2.03% increase since the beginning of the trading day. The stock's last reported lowest price was 13.8. Newtek Business has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Newtek Business Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 27th of September 2000 | Classification Financials |
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. ,was founded in 1998 and converted to a BDC company in 2014 and is headquartered in Boca Raton, Florida with additional offices in Lake Success, New York, Garden City, New York Miami, Florida Milwaukee, Wisconsin New Orleans, Louisiana and New York, New York. The company has 26.31 M outstanding shares of which 1.12 M shares are now shorted by private and institutional investors with about 8.18 trading days to cover. More on Newtek Business Services
Moving together with Newtek Stock
| 0.61 | V | Visa Class A | PairCorr |
| 0.75 | DIST | Distoken Acquisition | PairCorr |
| 0.85 | AB | AllianceBernstein | PairCorr |
| 0.82 | AC | Associated Capital | PairCorr |
| 0.83 | BN | Brookfield Corp | PairCorr |
Moving against Newtek Stock
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Newtek Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman, CEO and Pres | Barry Sloane | ||||
| Old Name | Newtree S.A | ||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) | ||||
| Average Analyst Recommendation | |||||
Debt LevelsNewtek Business can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Newtek Business' financial leverage. It provides some insight into what part of Newtek Business' total assets is financed by creditors.
| |||||
Newtek Business Services (NEWT) is traded on NASDAQ Exchange in USA. It is located in 4800 T-Rex Avenue, Boca Raton, FL, United States, 33431 and employs 570 people. Newtek Business is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 370.38 M. Newtek Business Services conducts business under Capital Markets sector and is part of Financials industry. The entity has 26.31 M outstanding shares of which 1.12 M shares are now shorted by private and institutional investors with about 8.18 trading days to cover.
Newtek Business Services currently holds about 4.17 M in cash with (88.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17.
Check Newtek Business Probability Of Bankruptcy
Ownership AllocationNewtek Business Services maintains a total of 26.31 Million outstanding shares. 30% of Newtek Business outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Newtek Ownership Details
Newtek Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Barrett & Company, Inc. | 2024-09-30 | 151.7 K | |
| Ancora Advisors Llc | 2024-06-30 | 128 K | |
| Goldman Sachs Group Inc | 2024-06-30 | 127.9 K | |
| Bard Associates Inc | 2024-06-30 | 122.8 K | |
| Boothbay Fund Management, Llc | 2024-09-30 | 109.5 K | |
| Exoduspoint Capital Management, Lp | 2024-09-30 | 98 K | |
| Two Sigma Investments Llc | 2024-06-30 | 88.7 K | |
| Knightsbridge Asset Management, Llc | 2024-06-30 | 84.6 K | |
| First Trust Advisors L.p. | 2024-06-30 | 74.7 K | |
| Blackrock Inc | 2024-06-30 | 1.8 M | |
| Vanguard Group Inc | 2024-09-30 | 1.4 M |
Newtek Business Historical Income Statement
Newtek Stock Against Markets
Newtek Business Corporate Management
| Michael Schwartz | Chief Legal Officer and Corporate Secretary | Profile | |
| Jayne CavuotoKrafchik | Director Relations | Profile | |
| Halli RazonFeingold | Chief Resources | Profile | |
| Nicolas Young | Chief Officer | Profile | |
| Timothy Ihlefeld | Ex Officer | Profile |
Additional Tools for Newtek Stock Analysis
When running Newtek Business' price analysis, check to measure Newtek Business' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newtek Business is operating at the current time. Most of Newtek Business' value examination focuses on studying past and present price action to predict the probability of Newtek Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newtek Business' price. Additionally, you may evaluate how the addition of Newtek Business to your portfolios can decrease your overall portfolio volatility.