NewStar Financial, Inc. (NEWS) To Go Ex-Dividend on November 28th
NewStar Financial, Inc. (NASDAQ:NEWS) announced a quarterly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, November 29th will be paid a dividend of 0.02 per share by the credit services provider on Friday, December 15th. This represents a $0.08 annualized dividend and a dividend yield of 0.68%. The ex-dividend date of this dividend is Tuesday, November 28th.
Shares of NewStar Financial (NASDAQ NEWS) opened at $11.82 on Thursday. The company has a quick ratio of 9.21, a current ratio of 10.24 and a debt-to-equity ratio of 4.55. NewStar Financial has a fifty-two week low of $8.03 and a fifty-two week high of $12.59. The firm has a market cap of $495.35, a PE ratio of 25.36 and a beta of 2.13.
COPYRIGHT VIOLATION NOTICE: This piece of content was first published by Watch List News and is the property of of Watch List News. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this piece of content can be viewed at https://www.watchlistnews.com/newstar-financial-inc-news-to-go-ex-dividend-on-november-28th/1721357.html.
Several brokerages 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 report on Tuesday, August 1st. Zacks Investment Research cut shares of NewStar Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Finally, Janney Montgomery Scott cut shares of NewStar Financial from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 17th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $11.50.
NewStar Financial Company Profile
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 Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NewStar Financial Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.