NewStar Financial (NASDAQ:NEWS) is scheduled to release its earnings data before the market opens on Monday, February 12th. Analysts expect NewStar Financial to post earnings of $0.15 per share for the quarter.
NewStar Financial (NASDAQ:NEWS) opened at $11.98 on Monday. The firm has a market capitalization of $497.83, a price-to-earnings ratio of 119.80 and a beta of 2.09. The company has a debt-to-equity ratio of 4.55, a quick ratio of 9.21 and a current ratio of 10.24. NewStar Financial has a 12 month low of $8.54 and a 12 month high of $12.59.
A number of research firms have weighed in on NEWS. Janney Montgomery Scott lowered NewStar Financial from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 17th. BidaskClub lowered NewStar Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, December 6th. Finally, Zacks Investment Research lowered NewStar Financial from a “hold” rating to a “sell” rating in a research note on Saturday, November 4th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $11.50.
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.
Receive News & Ratings for NewStar Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NewStar Financial and related companies with MarketBeat.com's FREE daily email newsletter.