NASDAQ:NEWT - Newtek Business Services Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $29.50
  • Forecasted Upside: 8.82 %
  • Number of Analysts: 3
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$27.11
▼ -0.69 (-2.48%)

This chart shows the closing price for NEWT by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Newtek Business Services Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for NEWT and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for NEWT

Analyst Price Target is $29.50
▲ +8.82% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Newtek Business Services in the last 3 months. The average price target is $29.50, with a high forecast of $38.00 and a low forecast of $21.00. The average price target represents a 8.82% upside from the last price of $27.11.

This chart shows the closing price for NEWT for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Hold

The current consensus among 3 investment analysts is to hold stock in Newtek Business Services. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
7/28/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
10/26/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
1/24/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/24/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/23/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
10/21/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
12/20/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
1/19/2022

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/3/2021Raymond JamesDowngradeMarket Perform ➝ UnderperformHigh
6/7/2021Compass PointDowngradeBuy ➝ Neutral$33.00 ➝ $38.00High
5/17/2021Compass PointBoost Price TargetBuy$30.00 ➝ $33.00Medium
4/20/2021Compass PointUpgradeNeutral ➝ Buy$19.50 ➝ $30.00High
2/9/2021Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$17.00 ➝ $21.00Low
8/11/2020LADENBURG THALM/SH SHDowngradeBuy ➝ NeutralLow
5/15/2020LADENBURG THALM/SH SHBoost Price Target$13.00 ➝ $16.00Low
3/19/2020LADENBURG THALM/SH SHUpgradeNeutral ➝ Buy$13.00High
3/16/2020Raymond JamesUpgradeUnderperform ➝ Market PerformMedium
1/8/2020Raymond JamesDowngradeMarket Perform ➝ UnderperformHigh
11/8/2019Raymond JamesDowngradeOutperform ➝ Market PerformLow
3/8/2019Compass PointInitiated CoverageNeutral$19.00Low
12/28/2018LADENBURG THALM/SH SHUpgradeNeutral ➝ Buy$19.00Medium
12/24/2018Raymond JamesUpgradeMarket Perform ➝ Outperform$15.68Medium
11/8/2018Compass PointSet Price TargetHold$19.00Low
9/27/2018Raymond JamesUpgradeUnderperform ➝ Market PerformLow
8/28/2018Raymond JamesDowngradeMarket Perform ➝ UnderperformHigh
8/27/2018Singular ResearchReiterated RatingBuy ➝ Not RatedHigh
8/2/2018Compass PointSet Price TargetHold$19.00Low
6/5/2018Raymond JamesDowngradeOutperform ➝ Market PerformHigh
3/6/2018Keefe, Bruyette & WoodsSet Price TargetHold$19.00Medium
10/13/2017Keefe, Bruyette & WoodsReiterated RatingHold$18.00N/A
5/30/2017Keefe, Bruyette & WoodsReiterated RatingMkt Perform ➝ Mkt Perform$18.00Low
5/24/2017Compass PointDowngradeBuy ➝ NeutralHigh
5/4/2017Compass PointUpgradeNeutral ➝ BuyMedium
(Data available from 1/19/2017 forward)

News Sentiment Rating

0.90 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/23/2021
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/23/2021
  • 5 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/22/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/21/2021
  • 2 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/21/2021
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/20/2021
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/20/2021
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/19/2022

Current Sentiment

  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.
Newtek Business Services logo
Newtek Business Services Corp. is a non-diversified closed-end management investment company, which engages in the provision of business and financial solutions. It offers loans, payments, payroll and benefits, web solutions, insurance, and technology solutions. The company was founded by Barry Sloane in 1998 and is headquartered in Boca Raton, FL.
Read More

Today's Range

Now: $27.11
Low: $27.03
High: $27.90

50 Day Range

MA: $28.88
Low: $26.39
High: $30.90

52 Week Range

Now: $27.11
Low: $19.94
High: $38.78

Volume

159,780 shs

Average Volume

137,899 shs

Market Capitalization

$611.25 million

P/E Ratio

7.53

Dividend Yield

15.11%

Beta

1.12

Frequently Asked Questions

What sell-side analysts currently cover shares of Newtek Business Services?

The following sell-side analysts have issued reports on Newtek Business Services in the last twelve months: Compass Point, Keefe, Bruyette & Woods, Raymond James, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for NEWT.

What is the current price target for Newtek Business Services?

2 Wall Street analysts have set twelve-month price targets for Newtek Business Services in the last year. Their average twelve-month price target is $29.50, suggesting a possible upside of 6.1%. Compass Point has the highest price target set, predicting NEWT will reach $38.00 in the next twelve months. Keefe, Bruyette & Woods has the lowest price target set, forecasting a price of $21.00 for Newtek Business Services in the next year.
View the latest price targets for NEWT.

What is the current consensus analyst rating for Newtek Business Services?

Newtek Business Services currently has 1 sell rating and 2 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NEWT, but not buy more shares or sell existing shares.
View the latest ratings for NEWT.

What other companies compete with Newtek Business Services?

Other companies that are similar to Newtek Business Services include ACV Auctions, Zhihu, OLO, TechTarget, Advantage Solutions, CBIZ, Xometry, Payoneer Global, EVO Payments, B. Riley Financial, GreenSky, Phreesia, Radware, Repay and Accolade.

How do I contact Newtek Business Services' investor relations team?

Newtek Business Services' physical mailing address is 4800 T Rex Avenue Suite 120, Boca Raton FL, 11042. The business services provider's listed phone number is (212) 356-9500 and its investor relations email address is [email protected] The official website for Newtek Business Services is www.newtekone.com.