Media headlines about NewStar Financial (NASDAQ:NEWS) have trended somewhat negative recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. NewStar Financial earned a daily sentiment score of -0.01 on Accern’s scale. Accern also gave media coverage about the credit services provider an impact score of 47.0886896925028 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
NewStar Financial (NASDAQ NEWS) traded down $0.05 during midday trading on Friday, hitting $11.90. The stock had a trading volume of 123,559 shares, compared to its average volume of 322,043. The company has a debt-to-equity ratio of 4.55, a current ratio of 10.24 and a quick ratio of 9.21. NewStar Financial has a 1 year low of $8.03 and a 1 year high of $12.59. The company has a market capitalization of $494.51, a P/E ratio of 25.15 and a beta of 2.13.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Wednesday, November 29th will be paid a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.67%. The ex-dividend date is Tuesday, November 28th. NewStar Financial’s dividend payout ratio (DPR) is currently 17.02%.
Several research analysts have recently commented on NEWS shares. ValuEngine downgraded NewStar Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Zacks Investment Research downgraded NewStar Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. BidaskClub downgraded NewStar Financial from a “buy” rating to a “hold” rating in a research note on Saturday, August 12th. Finally, Janney Montgomery Scott downgraded NewStar Financial from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 17th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $11.50.
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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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