Media stories about NewStar Financial (NASDAQ:NEWS) have trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. NewStar Financial earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave headlines about the credit services provider an impact score of 46.2524640554401 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Levine Leichtman Capital Partners Acquires Capsa Healthcare (labusinessjournal.com)
- Investors Catching Stocks Exxon Mobil Corporation (XOM) (fishinghd.com)
- FY2017 EPS Estimates for Exxon Mobil Co. (XOM) Cut by Analyst (igeeksmagz.com)
- NewStar Financial, Inc. breached its 50 day moving average in a Bullish Manner : NEWS-US : September 5, 2017 (finance.yahoo.com)
Shares of NewStar Financial (NEWS) traded up 1.17% during trading on Tuesday, reaching $11.20. 43,264 shares of the company traded hands. The firm has a market capitalization of $466.00 million, a price-to-earnings ratio of 20.22 and a beta of 2.04. NewStar Financial has a 12-month low of $8.03 and a 12-month high of $11.49. The company has a 50 day moving average price of $10.79 and a 200 day moving average price of $10.42.
NewStar Financial (NASDAQ:NEWS) last issued its quarterly earnings results on Wednesday, August 2nd. The credit services provider reported $0.10 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.15 by ($0.05). The firm had revenue of $20.19 million during the quarter, compared to analyst estimates of $24.32 million. NewStar Financial had a return on equity of 3.76% and a net margin of 8.65%. On average, equities analysts predict that NewStar Financial will post $0.43 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Tuesday, August 29th will be given a $0.02 dividend. The ex-dividend date is Friday, August 25th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.72%. NewStar Financial’s dividend payout ratio (DPR) is currently 14.55%.
Several research firms have recently commented on NEWS. BidaskClub cut shares of NewStar Financial from a “buy” rating to a “hold” rating in a research note on Saturday, August 12th. ValuEngine cut shares of NewStar Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Finally, Zacks Investment Research lowered shares of NewStar Financial from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $11.50.
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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