Newtek Business Services Stock Today

NEWT Stock  USD 13.34  0.21  1.60%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Newtek Business is selling for under 13.34 as of the 31st of January 2025; that is 1.60% increase since the beginning of the trading day. The stock's last reported lowest price was 13.22. Newtek Business has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 1st of January 2025 and ending today, the 31st of January 2025. 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 944.63 K shares are now shorted by private and institutional investors with about 5.89 trading days to cover. More on Newtek Business Services

Moving together with Newtek Stock

  0.7BX Blackstone GroupPairCorr
  0.74WD Walker DunlopPairCorr
  0.61ECPG Encore Capital GroupPairCorr

Moving against Newtek Stock

  0.46MAIN Main Street CapitalPairCorr
  0.45GECC Great Elm CapitalPairCorr
Follow Valuation Options Odds of Bankruptcy
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Newtek Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chairman, CEO and PresBarry Sloane
Old NameNewtree S.A
Business ConcentrationAsset Management & Custody Banks, Financial Services, NASDAQ Composite, NASDAQ Composite Total, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02480.0296
Fairly Down
Slightly volatile
Asset Turnover0.370.2
Way Up
Slightly volatile
Gross Profit Margin0.490.74
Way Down
Slightly volatile
Net Debt777.8 M740.7 M
Sufficiently Up
Slightly volatile
Total Current Liabilities54.5 M88.1 M
Way Down
Slightly volatile
Non Current Liabilities Total1.3 B1.3 B
Sufficiently Up
Slightly volatile
Total Assets1.7 B1.7 B
Sufficiently Up
Slightly volatile
Total Current Assets1.5 B1.4 B
Sufficiently Up
Slightly volatile
Debt Levels
Newtek 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.
Liquidity
Newtek Business Services currently holds 644.12 M in liabilities with Debt to Equity (D/E) ratio of 1.32, which is about average as compared to similar companies. Newtek Business Services has a current ratio of 12.11, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Newtek Business' use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

391,590
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 350.91 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 944.63 K shares are now shorted by private and institutional investors with about 5.89 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 Allocation
Newtek 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

InstituionRecorded OnShares
Barrett & Company, Inc.2024-09-30
151.7 K
Ancora Advisors Llc2024-09-30
141.8 K
Bard Associates Inc2024-09-30
120.4 K
Trexquant Investment Lp2024-09-30
112 K
Boothbay Fund Management, Llc2024-09-30
109.5 K
First Trust Advisors L.p.2024-09-30
101.4 K
Exoduspoint Capital Management, Lp2024-09-30
98 K
Connor Clark & Lunn Inv Mgmt Ltd2024-09-30
91.2 K
Millennium Management Llc2024-09-30
89.3 K
Blackrock Inc2024-09-30
M
Vanguard Group Inc2024-09-30
1.4 M
View Newtek Business Diagnostics

Newtek Business Historical Income Statement

At this time, Newtek Business' Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 57.1 M in 2025, despite the fact that Total Other Income Expense Net is likely to grow to (44.6 M). View More Fundamentals

Newtek Stock Against Markets

Newtek Business Corporate Management

Michael SchwartzChief Legal Officer and Corporate SecretaryProfile
Jayne CavuotoKrafchikDirector RelationsProfile
Halli RazonFeingoldChief ResourcesProfile
Nicolas YoungChief OfficerProfile
Timothy IhlefeldEx OfficerProfile

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.