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AX - NewtekOne: 6x Earnings With A 6.5% Dividend Yield
Axos Financial Inc.
2024-03-06 10:45:10 ET
Summary
We had rated NewtekOne stock as a hold and suggested that we might buy it under $12.00.
The company released its Q4-2023 earnings with robust growth in loan originations and an expanding net interest margin.
We examine the setup and give you our verdict.
On our last coverage of NewtekOne, Inc. ( NEWT ), we expanded the range of possible prices the stock would cover and suggested a defensive buy point for those looking for a value entry....