Based on ratings from 7 stock analysts, the Newtek Business Services Corp stock price is expected to increase by 18.94% in 12 months. This is calculated by using the average 12-month stock price forecast for Newtek Business Services Corp. The lowest target is $13 and the highest is $16. Please note analyst price targets are not guaranteed and could be missed completely.
About 7 Wall Street analysts have assignedNEWT 3 buy ratings, 4 hold ratings, and 0 sell ratings. This means that analysts expect Newtek Business Services Corp to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on NEWT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of NEWT.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Timothy Switzer Keefe, Bruyette & Woods | Market Perform | $13 | Maintains | Mar 20, 2024 |
Crispin Love Piper Sandler | Neutral | $11 | Maintains | Mar 18, 2024 |
Timothy Switzer Keefe, Bruyette & Woods | Market Perform | $16 | Maintains | Mar 7, 2024 |
Bryce Rowe B. Riley Securities | Buy | $18 | Reiterates | Mar 7, 2024 |
Merrill Ross Compass Point | Neutral | $16 | Maintains | Aug 30, 2023 |
Bryce Rowe B. Riley Securities | Buy | $21 | Maintains | Aug 14, 2023 |
Bryce Rowe B. Riley Securities | Buy | $20 | Maintains | Jun 20, 2023 |
Bryce Rowe B. Riley Securities | Buy | $15 | Initiates | May 19, 2023 |
Paul Johnson Keefe, Bruyette & Woods | Market Perform | $12 | Maintains | Mar 16, 2023 |
Crispin Love Piper Sandler | Neutral | Initiates | Feb 22, 2023 | |
Paul Johnson Keefe, Bruyette & Woods | Market Perform | $19 | Maintains | Feb 2, 2023 |
Robert Dodd Raymond James | Market Perform | Upgrade | Aug 8, 2022 | |
Raymond James | Underperform | Downgrade | Aug 4, 2021 | |
Raymond James | Underperform | Downgrade | Aug 3, 2021 | |
Merrill Ross Compass Point | Neutral | $38 | Downgrade | Jun 7, 2021 |
Casey Alexander Compass Point | Buy | $30 | Upgrade | Apr 20, 2021 |
Paul Johnson Keefe, Bruyette & Woods | Market Perform | $21 | Maintains | Feb 9, 2021 |
Ladenburg Thalmann | Neutral | Downgrade | Aug 11, 2020 | |
Ladenburg Thalmann | Buy | Upgrade | Mar 19, 2020 | |
Raymond James | Market Perform | Upgrade | Mar 16, 2020 |
When did it IPO
N/A
Staff Count
567
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Barry Scott Sloane
Market Cap
$327.1M
In 2023, NEWT generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that NEWT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
No news data available.