Newtek Business Services (NEWT) Stock Forecast, Price Target & Predictions
NEWT Stock Forecast
Newtek Business Services stock forecast is as follows: an average price target of $15.00 (represents a 5.86% upside from NEWT’s last price of $14.17) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.
NEWT Price Target
The average price target for Newtek Business Services (NEWT) is $15.00 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $15.00 to $15.00. This represents a potential 5.86% upside from NEWT's last price of $14.17.
NEWT Analyst Ratings
According to 6 Wall Street analysts, Newtek Business Services's rating consensus is 'Hold'. The analyst rating breakdown for NEWT stock is 0 'Strong Buy' (0.00%), 1 'Buy' (16.67%), 4 'Hold' (66.67%), 1 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).
Newtek Business Services Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 11, 2024 | Crispin Love | Piper Sandler | $15.00 | $13.24 | 13.29% | 5.86% |
| Mar 18, 2024 | Crispin Love | Piper Sandler | $11.00 | $10.17 | 8.16% | -22.37% |
The latest Newtek Business Services stock forecast, released on Nov 11, 2024 by Crispin Love from Piper Sandler, set a price target of $15.00, which represents a 13.29% increase from the stock price at the time of the forecast ($13.24), and a 5.86% increase from NEWT last price ($14.17).
Newtek Business Services Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $15.00 | $15.00 | $13.00 |
| Last Closing Price | $14.17 | $14.17 | $14.17 |
| Upside/Downside | 5.86% | 5.86% | -8.26% |
In the current month, the average price target of Newtek Business Services stock is $15.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 5.86% increase as opposed to Newtek Business Services's last price of $14.17. This month's average price target is down 0.00% compared to last quarter, and up 15.38% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 04, 2024 | B. Riley | - | Neutral | Downgrade |
| Jul 26, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 26, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Jun 20, 2023 | B. Riley Securities | Buy | Buy | Hold |
| Aug 08, 2022 | Raymond James | - | Market Perform | Upgrade |
| Apr 26, 2022 | Zacks Investment Research | - | Sell | Downgrade |
Newtek Business Services's last stock rating was published by B. Riley on Sep 04, 2024. The company Downgrade its NEWT rating from "null" to "Neutral".
Newtek Business Services Financial Forecast
Newtek Business Services Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $49.91M | $46.16M | $47.26M | $42.87M | $23.64M | $13.01M | $2.04M | $1.75M | $35.31M | $31.06M | $30.39M | $43.55M | $26.39M | $7.71M | $36.31M | $-1.12M | $26.35M | $20.05M |
| Avg Forecast | $82.24M | $80.59M | $76.02M | $69.20M | $72.06M | $69.13M | $65.42M | $62.33M | $68.14M | $62.20M | $59.90M | $48.94M | $60.63M | $53.65M | $51.64M | $48.81M | $24.77M | $21.11M | $19.74M | $18.08M | $13.19M | $14.07M | $19.98M | $29.30M | $13.80M | $14.60M | $29.96M | $16.56M | $16.15M | $14.16M |
| High Forecast | $85.44M | $83.72M | $78.98M | $71.89M | $74.86M | $71.82M | $67.97M | $64.21M | $71.44M | $62.23M | $62.23M | $48.94M | $62.44M | $55.74M | $53.65M | $50.71M | $25.74M | $21.11M | $19.74M | $18.08M | $13.19M | $14.07M | $19.98M | $29.30M | $13.80M | $14.60M | $29.96M | $16.56M | $16.15M | $14.16M |
| Low Forecast | $78.16M | $76.59M | $72.25M | $65.77M | $68.49M | $65.70M | $62.18M | $59.73M | $63.43M | $62.17M | $56.93M | $48.94M | $58.46M | $50.99M | $49.08M | $46.39M | $23.55M | $21.11M | $19.74M | $18.08M | $13.19M | $14.07M | $19.98M | $29.30M | $13.80M | $14.60M | $29.96M | $16.56M | $16.15M | $14.16M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 9 | 6 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.86% | 0.92% | 0.88% | 0.95% | 0.62% | 0.10% | 0.10% | 2.68% | 2.21% | 1.52% | 1.49% | 1.91% | 0.53% | 1.21% | -0.07% | 1.63% | 1.42% |
Newtek Business Services's average Quarter revenue forecast for Mar 24 based on 1 analysts is $48.94M, with a low forecast of $48.94M, and a high forecast of $48.94M. NEWT's average Quarter revenue forecast represents a -1.95% decrease compared to the company's last Quarter revenue of $49.91M (Dec 23).
Newtek Business Services EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 9 | 6 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $41.30M | $13.79M | $10.21M | $11.72M | $13.04M | $12.50M | $18.52M | $15.33M | $24.60M | $24.71M | $21.07M | $35.91M | $22.11M | $3.51M | $30.14M | $-4.87M | $20.73M | $16.27M |
| Avg Forecast | $37.80M | $37.04M | $34.95M | $31.81M | $33.12M | $31.78M | $30.07M | $28.65M | $31.32M | $28.59M | $27.54M | $3.43M | $27.87M | $24.66M | $23.74M | $2.71M | $11.39M | $9.74M | $9.10M | $2.14M | $6.08M | $6.49M | $9.21M | $13.51M | $6.36M | $6.73M | $13.81M | $-6.99M | $7.45M | $6.53M |
| High Forecast | $39.28M | $38.48M | $36.31M | $33.05M | $34.41M | $33.02M | $31.24M | $29.51M | $32.84M | $28.61M | $28.61M | $4.11M | $28.70M | $25.62M | $24.66M | $3.25M | $11.83M | $9.74M | $9.10M | $2.57M | $6.08M | $6.49M | $9.21M | $13.51M | $6.36M | $6.73M | $13.81M | $-5.59M | $7.45M | $6.53M |
| Low Forecast | $35.93M | $35.21M | $33.21M | $30.23M | $31.48M | $30.20M | $28.58M | $27.46M | $29.16M | $28.58M | $26.17M | $2.74M | $26.87M | $23.44M | $22.56M | $2.17M | $10.82M | $9.74M | $9.10M | $1.71M | $6.08M | $6.49M | $9.21M | $13.51M | $6.36M | $6.73M | $13.81M | $-8.39M | $7.45M | $6.53M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.48% | 0.56% | 0.43% | 4.33% | 1.14% | 1.28% | 2.03% | 7.16% | 4.04% | 3.81% | 2.29% | 2.66% | 3.47% | 0.52% | 2.18% | 0.70% | 2.78% | 2.49% |
1 analysts predict NEWT's average Quarter EBITDA for Mar 24 to be $3.43M, with a high of $4.11M and a low of $2.74M. This is -91.71% lower than Newtek Business Services's previous annual EBITDA (Dec 23) of $41.30M.
Newtek Business Services Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 9 | 6 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $13.36M | $9.97M | $6.85M | $11.72M | $-2.22M | $11.36M | $13.52M | $9.65M | $20.03M | $16.61M | $17.37M | $30.12M | $15.86M | $-453.00K | $25.47M | $-7.25M | $12.74M | $10.64M |
| Avg Forecast | $16.96M | $15.65M | $14.25M | $11.04M | $15.22M | $13.84M | $12.30M | $10.28M | $15.73M | $10.71M | $10.25M | $1.11M | $14.29M | $8.94M | $6.97M | $879.17K | $23.26M | $16.72M | $17.87M | $695.00K | $14.95M | $14.58M | $18.36M | $30.96M | $13.84M | $1.61M | $36.07M | $-10.42M | $17.95M | $13.84M |
| High Forecast | $17.82M | $16.44M | $14.97M | $11.59M | $15.99M | $14.54M | $12.93M | $11.33M | $17.48M | $10.77M | $10.77M | $1.33M | $14.53M | $9.40M | $7.32M | $1.06M | $27.91M | $16.72M | $17.87M | $834.00K | $14.95M | $14.58M | $18.36M | $37.15M | $13.84M | $1.61M | $36.07M | $-8.34M | $17.95M | $13.84M |
| Low Forecast | $15.87M | $14.64M | $13.33M | $10.32M | $14.24M | $12.94M | $11.51M | $9.22M | $14.48M | $10.64M | $9.59M | $889.73K | $14.04M | $8.37M | $6.52M | $703.34K | $18.61M | $16.72M | $17.87M | $556.00K | $14.95M | $14.58M | $18.36M | $24.77M | $13.84M | $1.61M | $36.07M | $-12.50M | $17.95M | $13.84M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 1.11% | 0.98% | 13.33% | -0.10% | 0.68% | 0.76% | 13.89% | 1.34% | 1.14% | 0.95% | 0.97% | 1.15% | -0.28% | 0.71% | 0.70% | 0.71% | 0.77% |
Newtek Business Services's average Quarter net income forecast for Mar 24 is $1.11M, with a range of $889.73K to $1.33M. NEWT's average Quarter net income forecast represents a -91.68% decrease compared to the company's last Quarter net income of $13.36M (Dec 23).
Newtek Business Services SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 9 | 6 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $19.61M | $24.33M | $23.75M | $4.87M | $3.33M | $3.56M | $3.05M | $2.15M | $1.42M | $859.00K | $1.19M | $896.00K | $651.00K | $1.21M | $964.00K | $965.00K | $1.22M |
| Avg Forecast | $9.18M | $8.99M | $8.48M | $7.72M | $8.04M | $7.72M | $7.30M | $6.96M | $7.60M | $6.94M | $6.68M | $3.49M | $6.77M | $5.99M | $5.76M | $2.76M | $4.57M | $1.98M | $1.85M | $2.18M | $1.24M | $1.32M | $1.88M | $10.17M | $1.30M | $1.37M | $2.81M | $15.66M | $1.52M | $1.33M |
| High Forecast | $9.54M | $9.34M | $8.81M | $8.02M | $8.35M | $8.02M | $7.59M | $7.17M | $7.97M | $6.95M | $6.95M | $4.19M | $6.97M | $6.22M | $5.99M | $3.31M | $5.49M | $1.98M | $1.85M | $2.62M | $1.24M | $1.32M | $1.88M | $12.20M | $1.30M | $1.37M | $2.81M | $18.79M | $1.52M | $1.33M |
| Low Forecast | $8.72M | $8.55M | $8.06M | $7.34M | $7.64M | $7.33M | $6.94M | $6.67M | $7.08M | $6.94M | $6.35M | $2.79M | $6.52M | $5.69M | $5.48M | $2.21M | $3.66M | $1.98M | $1.85M | $1.75M | $1.24M | $1.32M | $1.88M | $8.13M | $1.30M | $1.37M | $2.81M | $12.53M | $1.52M | $1.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.27% | 4.22% | 8.61% | 1.06% | 1.68% | 1.92% | 1.40% | 1.73% | 1.07% | 0.46% | 0.12% | 0.69% | 0.47% | 0.43% | 0.06% | 0.64% | 0.91% |
Newtek Business Services's average Quarter SG&A projection for Dec 23 is $6.77M, based on 2 Wall Street analysts, with a range of $6.52M to $6.97M. The forecast indicates a -65.49% fall compared to NEWT last annual SG&A of $19.61M (Sep 23).
Newtek Business Services EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 9 | 6 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.53 | $0.37 | $0.26 | $0.46 | $-0.09 | $0.47 | $0.56 | $0.40 | $0.89 | $0.74 | $0.77 | $1.35 | $0.75 | $-0.02 | $1.22 | $-0.35 | $0.61 | $0.55 |
| Avg Forecast | $0.69 | $0.63 | $0.58 | $0.45 | $0.62 | $0.56 | $0.50 | $0.42 | $0.64 | $0.43 | $0.41 | $0.22 | $0.58 | $0.36 | $0.28 | $0.36 | $0.63 | $0.68 | $0.72 | $0.60 | $0.60 | $0.59 | $0.74 | $1.08 | $0.56 | $0.07 | $1.46 | $0.43 | $0.73 | $0.56 |
| High Forecast | $0.72 | $0.67 | $0.61 | $0.47 | $0.65 | $0.59 | $0.52 | $0.46 | $0.71 | $0.44 | $0.44 | $0.24 | $0.59 | $0.38 | $0.30 | $0.37 | $0.66 | $0.68 | $0.72 | $0.60 | $0.60 | $0.59 | $0.74 | $1.08 | $0.56 | $0.07 | $1.46 | $0.43 | $0.73 | $0.56 |
| Low Forecast | $0.64 | $0.59 | $0.54 | $0.42 | $0.58 | $0.52 | $0.47 | $0.37 | $0.59 | $0.43 | $0.39 | $0.21 | $0.57 | $0.34 | $0.26 | $0.33 | $0.59 | $0.68 | $0.72 | $0.60 | $0.60 | $0.59 | $0.74 | $1.08 | $0.56 | $0.07 | $1.46 | $0.43 | $0.73 | $0.56 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 1.02% | 0.92% | 1.29% | -0.14% | 0.69% | 0.77% | 0.66% | 1.47% | 1.25% | 1.04% | 1.25% | 1.34% | -0.31% | 0.84% | -0.81% | 0.85% | 0.98% |
According to 1 Wall Street analysts, Newtek Business Services's projected average Quarter EPS for Mar 24 is $0.22, with a low estimate of $0.21 and a high estimate of $0.24. This represents a -57.74% decrease compared to NEWT previous annual EPS of $0.53 (Dec 23).
Newtek Business Services Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FRST | Primis Financial | $12.13 | $14.00 | 15.42% | Buy |
| FFNW | First Financial Northwest | $22.12 | $23.50 | 6.24% | Hold |
| NEWT | Newtek Business Services | $14.17 | $15.00 | 5.86% | Hold |
| NBHC | National Bank | $48.57 | $50.00 | 2.94% | Hold |
| PEBO | Peoples Bancorp | $35.44 | $36.00 | 1.58% | Hold |
| HBCP | Home Bancorp | $49.88 | $50.00 | 0.24% | Buy |
| HFWA | Heritage Financial | $26.13 | $26.00 | -0.50% | Hold |
| EQBK | Equity Bancshares | $47.41 | $43.67 | -7.89% | Buy |
| FCCO | First Community | $24.14 | $21.00 | -13.01% | Buy |
| BSRR | Sierra Bancorp | $31.52 | $25.33 | -19.64% | Hold |
| FISI | Financial Institutions | $27.04 | $19.50 | -27.88% | Hold |