NewtekOne (NEWT) Declares $0.19 Quarterly Dividend; 7.5% Yield

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Go back to NewtekOne (NEWT) Declares $0.19 Quarterly Dividend; 7.5% Yield

Newtek Business Services (NEWT) PT Lowered to $13 at Keefe, Bruyette & Woods

March 20, 2024 4:16 AM EDT

Keefe, Bruyette & Woods analyst Paul Johnson lowered the price target on Newtek Business Services (NASDAQ: NEWT) to $13.00 (from $16.00) while maintaining a Market Perform rating.

The analyst comments "We view the penny dividend increase as an action by the Board to maintain NEWTs... More