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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 $12.91, down 0.31% from the previous day, and has decreased 14.95% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.47 percentage points. Newtekone stock is currently +28.2% from its 52-week low of $10.07, and -17.51% from its 52-week high of $15.65.

As of Nov 4, 2024, there are 25.96M NEWT shares outstanding. The market value of NEWT is $335.20M. In the last 24 hours, 167,425 NEWT shares were traded.

How to Buy Newtekone Stock

Not sure how to invest in Newtekone stock? Here's how.
  1. 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.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Pick your method of payment and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  1. Send your information by clicking the "Create Account" button.
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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.

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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

NEWT Price
$12.91
1w %
-4.79%
1y %
-14.95%
5y %
-42.37%
P/E
6.52x
P/B
1.22x
P/S
1.63x
PEG
2.24x
Revenue
$205.73M
Earnings
$47.75M
Fore. Rev. Growth
15.42%
Fore. Earn. Growth
3.24%
Market Cap
$335.20M
Next Earnings
Nov 6, 2024
Next Dividend
N/A

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 6.52x, relative to Banks - Regional industry P/E ratio of 14.6x
  • NEWT could be overvalued based on its P/B ratio of 1.22x, relative to Banks - Regional industry P/B ratio of 1.12x
  • NEWT could be overvalued based on its PEG ratio of 2.24x

You can access more valuation analysis on NEWT's stock here.

NEWT Financial Health

Failed Financial Due Diligence Checks:

  • Total NEWT debt is higher than 5 years ago, relative to shareholder equity.
  • NEWT profit margin has gone down from 23.6% to 23.2% in the past year.
  • NEWT has a relatively high debt to equity ratio of 4.9.

Do Wall Street analysts think it's a good time to buy Newtekone stock

Out of 1 Equities analysts who give forecasts on NEWT, the consensus analyst rating on Newtekone is a Hold

Please note that analyst ratings are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the Newtekone stock forecast page.

NEWT Momentum

SMA10
13.26
SMA20
13.21
SMA50
12.44
SMA100
12.75
SMA200
12.32
MACD
0.18
MACD Signal
0.27
MACD Histogram
-0.09
RSI
48.43
Stochastic %K
14.11
Stochastic %D
33.61
StochRSI %K
0
StochRSI %D
3.34

NEWT Performance Numbers

Last year, NEWT earnings were $47.75M. In the past five year, NEWT's earnings have gone up by -0.1% per year. This was slower than the Banks - Regional industry average of 106.06%.

Last year, NEWT revenue was $205.73M. In the last 5 year, NEWT's revenue has gone up by 30.21% per year. This was faster than the Banks - Regional industry average of 17.91%.

You can analyze NEWT's earnings and revenue performance here.

Latest Insiders Trades at NEWT

In the past 12 months, executives and large shareholders at NEWT have bought more shares than they have sold.

Barry Sloane, Chairman CEO of NEWT, was the latest NEWT insider to buy. They bought $63,500.94 worth of NEWT stock on Sep 23, 2024.

Get more info about who owns NEWT shares here.

Does NEWT stock generate passive income?

Newtekone pays a dividend of 5.81%, compared to the Banks - Regional industry's average dividend yield of 3.16%. If you owned $1,000 worth of NEWT stock, you would have been paid $58.09 in the past year.

Newtekone dividend payments have not consistently grown over the past decade and have not remained stable.

Dig into more analysis about Newtekone dividend yield and history here.

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Step 5: Execute your NEWT buy order

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly fine.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at an exact dollar amount, use a limit order.

Hit the Open button and your broker will execute your order.

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Step 6: Get key alerts regarding your investment in NEWT

Now that you own some NEWT stock, you'll want to keep up with your investment.

Make a watchlist to get alerted to the latest events about your NEWT stock.

NEWT Feed

How to Buy Stock in Newtekone

To summarize, here are the 6 steps to buy Newtekone stock:

  1. Figure out where to buy Newtekone stock
  2. Sign up for a brokerage account
  3. Fund your brokerage account
  4. Evaluate Newtekone stock
  5. Execute your NEWT buy order
  6. Get key alerts regarding your investment in NEWT

If you are looking for a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your new investment in Newtekone, add NEWT to your watchlist by clicking the button below.

NASDAQ: NEWT
$12.91-0.04 (-0.31%)
Updated Nov 4, 2024
Open eToro Account
NASDAQ: NEWT
$12.91-0.04 (-0.31%)
Updated Nov 4, 2024
Open eToro Account

FAQ

How much does it cost to buy one Newtekone share?

As of Nov 4, 2024, it costs $12.91 to buy one share of Newtekone stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $6, you can buy 0.465 shares of NEWT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Newtekone stock?

According to 1 Wall Street analysts who monitor Newtekone, their consensus recommendation is to hold Newtekone stock.

What is the best way to buy Newtekone stock?

One way to place an order for Newtekone stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.