Newtek Business Services - NEWT Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $22.00
  • Forecasted Upside: 34.56 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$16.35
▲ +0.03 (0.18%)

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

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Analyst Price Target for NEWT

Analyst Price Target is $22.00
▲ +34.56% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Newtek Business Services in the last 3 months. The average price target is $22.00, with a high forecast of $22.00 and a low forecast of $22.00. The average price target represents a 34.56% upside from the last price of $16.35.

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

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Current Consensus is Hold

The current consensus among 1 contributing investment analysts is to hold stock in Newtek Business Services.

Past Monthly Recommendations

Move your mouse over past months for details

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  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/11/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/10/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/8/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/6/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/6/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/5/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/3/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/3/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/15/2022Compass PointLower Target$22.00N/A
8/8/2022Raymond JamesUpgradeUnderperform ➝ Market PerformLow
8/3/2021Raymond JamesDowngradeMarket Perform ➝ UnderperformHigh
6/7/2021Compass PointDowngradeBuy ➝ Neutral$33.00 ➝ $38.00High
5/17/2021Compass PointBoost TargetBuy$30.00 ➝ $33.00Medium
4/20/2021Compass PointUpgradeNeutral ➝ Buy$19.50 ➝ $30.00High
2/9/2021Keefe, Bruyette & WoodsBoost TargetMarket Perform$17.00 ➝ $21.00Low
8/11/2020LADENBURG THALM/SH SHDowngradeBuy ➝ NeutralLow
5/15/2020LADENBURG THALM/SH SHBoost 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 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 TargetHold$19.00Low
6/5/2018Raymond JamesDowngradeOutperform ➝ Market PerformHigh
3/6/2018Keefe, Bruyette & WoodsSet TargetHold$19.00Medium
10/13/2017Keefe, Bruyette & WoodsReiterated RatingHold$18.00N/A
(Data available from 10/3/2017 forward)

News Sentiment Rating

0.44 (Hold)

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
  • 1 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/7/2022
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/6/2022
  • 1 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/6/2022
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/5/2022
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/5/2022
  • 4 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/4/2022
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/3/2022
  • 2 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
10/3/2022

Current Sentiment

  • 2 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Newtek Business Services logo
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. The firm also seeks to invest in early stage businesses. The firm seeks to makes both debt and equity investments. Under debt investments, it focuses on first lien loans, which have terms of 1 to 25 years; second lien loans, which have terms of 5 to 25 years, and unsecured loans, which are provided to meet short-term funding needs and are repaid within 6 to 12 months. It operates through Electronic Payment Processing, Managed Technology Solutions, Small Business Finance, and Capcos segments. The company originates small business administration loans for the purpose of acquiring commercial real estate, machinery, equipment, and inventory, as well as to refinance debt and fund franchises, working capital, and business acquisitions; and offers small business loan servicing and consulting services to the Federal Deposit Insurance Corporation and various other financial institutions, as well as provides management services. Its electronic payment processing services include credit and debit card processing, check approval, ancillary processing equipment and software to merchants, eCommerce, electronic solutions to accept non-cash payments, check conversion, remote deposit capture, ACH processing, and electronic gift and loyalty card programs. The company also provides Website hosting, dedicated server, and cloud hosting services; Web design and development; Internet marketing; data storage and backup and other related services; and ecommerce services, such as payment processing, online shopping cart tools, Website design and Web related services; Accounts Receivable Financing, and The Secure Gateway. In addition, it offers Newtek Advantage, a mobile, real-time operating platform enabling a business to access data on a smartphone, tablet, laptop, or PC for eCommerce, credit/debit transactions, Website statistics, payroll, insurance, and business loans. Further, the company sells personal, commercial, and health/benefits lines of insurance products; and payroll management processing and employee tax filing services. It has strategic alliances with American International Group, CTAA, Navy Federal Credit Union, Credit Union National Association, Pershing, and others to provide agent services to small business clients. The firm seeks to invest in New York and Louisiana area. The firm seeks to invest $0.3 million to $3 million in businesses. It provides small business terms loans ranging from $0.05 million to $10 million. The firm also provides account receivable financing ranging from $0.05 million to $1.5 million. It also provides $0.05 million to $10 million financing to owner occupied real estate businesses whose average net income over the last 2 years must not exceed $2.5 million. Newtek Business Services Corp.,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.
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Today's Range

Now: $16.35
Low: $15.91
High: $16.44

50 Day Range

MA: $20.58
Low: $15.70
High: $22.89

52 Week Range

Now: $16.35
Low: $15.65
High: $32.38

Volume

4,309 shs

Average Volume

170,720 shs

Market Capitalization

$398.22 million

P/E Ratio

6.44

Dividend Yield

15.93%

Beta

1.23

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, Raymond James, StockNews.com, and TheStreet.
View the latest analyst ratings for NEWT.

What is the current price target for Newtek Business Services?

1 Wall Street analysts have set twelve-month price targets for Newtek Business Services in the last year. Their average twelve-month price target is $22.00, suggesting a possible upside of 34.6%. Compass Point has the highest price target set, predicting NEWT will reach $22.00 in the next twelve months. Compass Point has the lowest price target set, forecasting a price of $22.00 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 hold rating 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?

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. Learn More about contacing Newtek Business Services investor relations.