How to Buy Newtekone Stock
Newtekone Inc
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.
Newtekone stock last closed at $11.00, up 0.46% from the previous day, and has decreased 5.82% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.21 percentage points. Newtekone stock is currently +9.24% from its 52-week low of $10.07, and -43.2% from its 52-week high of $19.37.
As of Apr 24, 2024, there are 24.71M NEWT shares outstanding. The market value of NEWT is $271.80M. In the last 24 hours, 96,248 NEWT shares were traded.
How to Buy Newtekone Stock
Not sure how to invest in Newtekone stock? Here's how.
- Figure out where to buy Newtekone stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Newtekone stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Pick your method of payment and add your details.
- Evaluate Newtekone stock: The Newtekone ticker symbol is NEWT. Is Newtekone stock a good investment? Should you buy shares of NEWT? How do NEWT's underlying business fundamentals look? Do top analysts think Newtekone is a good buy? Why has NEWT's stock price moved recently? (Hint: Our stock research tools can help you understand if NEWT is a good stock to buy).
- Execute your NEWT buy order: Decide if you will purchase NEWT shares at the current market price or use a limit order to buy NEWT shares at a given price.
- Get key alerts regarding your investment in NEWT: Create a watchlist to get live updates on your investment in Newtekone shares.
Step 1: Figure out where to buy Newtekone stock
You need a brokerage account in order to access the NASDAQ market and buy NEWT shares.
Our preferred brokerage: eToro
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your stock purchase by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, you need to fill out some personal details so you are able to invest in NEWT stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new brokerage account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have finished signing up on our top ranked stock app, your next step is to transfer the money for your investment:
Watch the walkthrough below if you need help transferring money into your investment account.
Step 4: Evaluate Newtekone stock
Once you have selected the best place to buy Newtekone stock, it's critical to research their stock prior to investing, so you truly wrap your head around the risk as well as the opportunity.
Newtekone Numbers
Newtekone Fundamentals
WallStreetZen was created to help average investors do better fundamental analysis in less time.
You can view all of the due diligence checks on NEWT's stock page.
Is NEWT stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NEWT's intrinsic value.
Using relative valuations ratios:
- NEWT could be undervalued based on its P/E ratio of 5.82x, relative to Banks - Regional industry P/E ratio of -10.44x
- NEWT could be overvalued based on its P/B ratio of 1.19x, relative to Banks - Regional industry P/B ratio of 0.99x
You can access additional valuation research on NEWT's stock here.
NEWT Financials at a glance
Failed Financial Due Diligence Checks:
- NEWT has a relatively high debt to equity ratio of 5.15.
- Total NEWT debt is higher than 5 years ago, relative to shareholder equity.
- NEWT profit margin has gone down from 30.7% to 23.9% in the past year.
Is it a good time to buy Newtekone stock, according to analysts?
Out of 3 sell side analysts who give forecasts on NEWT, the consensus analyst rating on Newtekone is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Newtekone stock forecast page.
NEWT Trading Indicators
NEWT Growth Numbers
Last year, NEWT earnings were $45.88M. During the past 5 year, NEWT's earnings have increased by -0.21% per year. This was slower than the Banks - Regional industry average of 16.35%.
Last year, NEWT revenue was $191.70M. Over the past five year, NEWT's revenue has grown by 31.09% per year. This was faster than the Banks - Regional industry average of 7.4%.
Find out more about NEWT's earnings and revenue performance here.
Who is buying/selling NEWT?
Over the past 12 months, insiders at NEWT have bought more shares than they have sold.
Salvatore Francis Mulia, Director of NEWT, was the latest NEWT insider to sell. They sold $8,152.50 worth of NEWT shares on Apr 22, 2024.
Learn more about who owns NEWT shares here.
Can I rely on NEWT as an income stream?
Newtekone pays a dividend of 6.64%, compared to the Banks - Regional industry's average dividend yield of 3.81%. If you owned $1,000 worth of NEWT stock, you would have been paid $66.36 in the past 12 months.
Newtekone dividend payments have not consistently grown over the past decade and have not remained stable.
Find more analysis about Newtekone dividend yield and history here.
What do other traders have to say about NEWT?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your NEWT buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given price, use a limit order.
Click the Open button and eToro will execute your order.
If you need more assistance investing in stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your investment in NEWT
Now that you own some NEWT shares, you'll want to keep up with your shares.
Start a watchlist to track your NEWT stock.
NEWT Feed
How to Buy Stock in Newtekone
To summarize, here are the 6 steps to buy stock in Newtekone:
- Figure out where to buy Newtekone stock
- Sign up for a brokerage account
- Fund your brokerage account
- Evaluate Newtekone stock
- Execute your NEWT buy order
- Get key alerts regarding your investment in NEWT
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to watch your new investment in Newtekone, create your watchlist below.
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