NewStar Financial, Inc. (NEWS) Analysts See $0.14 EPS

January 13, 2018 - By wolcottdaily

 NewStar Financial, Inc. (NEWS) Analysts See $0.14 EPS
Investors sentiment increased to 1.75 in Q3 2017. Its up 0.12, from 1.63 in 2017Q2. It is positive, as 2 investors sold NewStar Financial, Inc. shares while 18 reduced holdings. 11 funds opened positions while 24 raised stakes. 28.62 million shares or 0.70% more from 28.42 million shares in 2017Q2 were reported.
Z Prns Mngmt Ltd Llc has invested 100% in NewStar Financial, Inc. (NASDAQ:NEWS). Congress Asset Mgmt Ma invested in 201,709 shares. Kestrel Inv Corp holds 277,825 shares or 1.15% of its portfolio. 4.26M were accumulated by Corsair Cap Limited Liability Com. Benjamin F Edwards And Company invested in 0.01% or 4,922 shares. Prudential Fincl Inc accumulated 36,294 shares. Jacobs Asset Management reported 1.58M shares. Citigroup owns 0% invested in NewStar Financial, Inc. (NASDAQ:NEWS) for 104 shares. Los Angeles Cap Mngmt Equity Research owns 19,270 shares or 0% of their US portfolio. 26,542 are held by Citadel Advisors Ltd Llc. Vanguard accumulated 1.84 million shares. Tiaa Cref Investment Mngmt Ltd Company invested in 0% or 108,113 shares. Lsv Asset reported 27,200 shares or 0% of all its holdings. 3,428 are held by National Bank Of America De. D E Shaw & invested 0% in NewStar Financial, Inc. (NASDAQ:NEWS).

Analysts expect NewStar Financial, Inc. (NASDAQ:NEWS) to report $0.14 EPS on February, 13.They anticipate $0.09 EPS change or 39.13 % from last quarter’s $0.23 EPS. NEWS’s profit would be $5.82 million giving it 21.39 P/E if the $0.14 EPS is correct. After having $0.11 EPS previously, NewStar Financial, Inc.’s analysts see 27.27 % EPS growth. The stock increased 2.22% or $0.26 during the last trading session, reaching $11.98. About 6.52M shares traded or 13.63% up from the average. NewStar Financial, Inc. (NASDAQ:NEWS) has risen 28.00% since January 13, 2017 and is uptrending. It has outperformed by 11.30% the S&P500.

NewStar Financial, Inc. (NASDAQ:NEWS) Ratings Coverage

Among 4 analysts covering Newstar Financial Inc (NASDAQ:NEWS), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Newstar Financial Inc had 8 analyst reports since August 6, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, August 2 by Keefe Bruyette & Woods. The company was maintained on Friday, October 6 by Keefe Bruyette & Woods. As per Tuesday, October 6, the company rating was maintained by Wood. The stock of NewStar Financial, Inc. (NASDAQ:NEWS) earned “Market Perform” rating by Wood on Monday, April 4. The firm has “Hold” rating by Janney Capital given on Tuesday, October 17.

NewStar Financial, Inc. operates as a commercial finance firm in the United States. The company has market cap of $497.84 million. The firm operates through two divisions, Commercial Lending and Asset Management. It has a 25.01 P/E ratio. It provides senior secured cash flow loans, and second lien and unitranche loans to middle market companies for acquisitions, recapitalizations, and refinancing or other general corporate purposes; senior debt financing options, including revolving credit facilities, term loans, and other debt products secured by various business assets; and senior secured loans to larger middle market companies in healthcare, manufacturing and industrial, financial services, energy/chemical services, printing/publishing, consumer, retail and restaurants, and business and technology services industries.

More important recent NewStar Financial, Inc. (NASDAQ:NEWS) news were published by: Streetinsider.com which released: “NEWSTAR FINANCIAL, INC.” on December 22, 2017, also Globenewswire.com published article titled: “NewStar Stockholders Approve Acquisition by First Eagle”, Businesswire.com published: “GSO Closes Acquisition of $2.4 Billion Credit Investment Portfolio from …” on December 26, 2017. More interesting news about NewStar Financial, Inc. (NASDAQ:NEWS) was released by: Businesswire.com and their article: “First Eagle Investment Management Completes Acquisition of NewStar Financial” with publication date: December 22, 2017.

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