NewStar Financial (NEWS) Receiving Positive Media Coverage, Analysis Finds

Press coverage about NewStar Financial (NASDAQ:NEWS) has trended positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. NewStar Financial earned a news sentiment score of 0.31 on Accern’s scale. Accern also gave press coverage about the credit services provider an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an impact on the stock’s share price in the next few days.

These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:

Insider Buying and Selling by Quarter for NewStar Financial (NASDAQ:NEWS)

NewStar Financial (NASDAQ NEWS) traded down 0.09% during midday trading on Tuesday, reaching $10.64. 47,323 shares of the company’s stock traded hands. NewStar Financial has a 52-week low of $7.41 and a 52-week high of $11.37. The stock has a 50-day moving average of $9.72 and a 200 day moving average of $9.75. The company has a market cap of $447.66 million, a P/E ratio of 19.00 and a beta of 2.10.

NewStar Financial (NASDAQ:NEWS) last posted its quarterly earnings data on Wednesday, May 3rd. The credit services provider reported $0.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by $0.16. NewStar Financial had a return on equity of 3.91% and a net margin of 8.98%. The firm had revenue of $20.14 million for the quarter, compared to the consensus estimate of $26.27 million. On average, analysts anticipate that NewStar Financial will post $0.54 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, June 15th. Stockholders of record on Tuesday, May 30th were issued a $0.02 dividend. The ex-dividend date was Thursday, May 25th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.75%. NewStar Financial’s dividend payout ratio (DPR) is currently 14.29%.

Several equities analysts recently issued reports on NEWS shares. TheStreet raised shares of NewStar Financial from a “d” rating to a “c-” rating in a report on Monday, April 3rd. Keefe, Bruyette & Woods set a $11.00 price target on shares of NewStar Financial and gave the company a “hold” rating in a report on Monday, April 10th. Zacks Investment Research downgraded shares of NewStar Financial from a “buy” rating to a “hold” rating in a report on Wednesday, April 19th. Finally, ValuEngine upgraded shares of NewStar Financial from a “hold” rating to a “buy” rating in a research report on Saturday, May 20th.

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About NewStar Financial

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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