Media coverage about NewStar Financial (NASDAQ:NEWS) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. NewStar Financial earned a coverage optimism score of 0.07 on Accern’s scale. Accern also assigned news articles about the credit services provider an impact score of 45.8747435702452 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
A number of equities analysts recently issued reports on the stock. BidaskClub lowered shares of NewStar Financial from a “buy” rating to a “hold” rating in a research report on Saturday, August 12th. ValuEngine lowered shares of NewStar Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, Zacks Investment Research lowered shares of NewStar Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $11.50.
Shares of NewStar Financial (NASDAQ:NEWS) traded up 0.0944% during trading on Thursday, reaching $10.7101. 24,278 shares of the company were exchanged. NewStar Financial has a one year low of $8.03 and a one year high of $11.49. The stock has a market capitalization of $445.62 million, a price-to-earnings ratio of 19.3323 and a beta of 2.03. The company has a 50 day moving average price of $10.84 and a 200-day moving average price of $10.31.
NewStar Financial (NASDAQ:NEWS) last announced its quarterly earnings results on Wednesday, August 2nd. The credit services provider reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by $0.05. NewStar Financial had a net margin of 8.65% and a return on equity of 3.76%. The business had revenue of $20.19 million for the quarter, compared to analyst estimates of $24.32 million. Equities analysts predict that NewStar Financial will post $0.43 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Tuesday, August 29th will be issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date of this dividend is Friday, August 25th. NewStar Financial’s dividend payout ratio is currently 14.55%.
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NewStar Financial Company Profile
NewStar Financial, Inc (NewStar) is a commercial finance company. The Company operates through two segments: Commercial Lending and Asset Management. The Commercial Lending segment represents its direct lending activities, which are focused on providing a range of flexible senior secured debt options to mid-sized companies.
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