NEWTI News and Press, Newtek Business Services Corp. 6.25% Notes Due 2023 From 10/15/23

2023-10-15 18:00:00 ET Summary NewtekOne stock has had a wild ride since our last article. Q2-2023 results were fine and capital ratios were excellent. The baby bonds just issued might make for a smoother investment experience than the common shares. On our last cove...

2023-09-21 06:41:25 ET Summary Part 2 of this article compares ARCC’s recent dividend per share rates, yield percentages, and several other highly detailed (and useful) dividend sustainability metrics to 14 other BDC peers. This includes a comparative analysis of ARCCȁ...

We've got 3 shares up for comparison. Two good choices and one poor choice. You can look at it from different angles, but it still won't look good. Investors are taking more risk for a lower yield. If you're in the wrong share, it would be prudent to upgrade. Get ready for...

We're highlighting a 10% yielder (rounded) set to smash some 13% to 16% yielders. No, it's not NRZ / RITM. I covered that a week ago. We have a different share to highlight this time. Bold Prediction: I'm calling the 10% yielder to outperform four different shares. If this was ran...

Inflation and the better than feared earnings season dominate market movements. Markets remain very volatile following record inflation readings paired with an aggressive Fed and negative consumer sentiment. Inflation is softening in July and markets have started to rally again. U...

Newtek shocked investors with an announcement they'd be converting from a BDC to a bank holding company. A similarly surprising event occurred in 2014 when Newtek converted to a BDC. Newtek's stock collapsed by roughly 30% intraday and has only modestly recovered. Opinions are sharply...

Pricing between the different series of NLY preferred shares is absurd. NLY-G values are much too close to NLY-F and NLY-I. Investors in NLY-G can get a dramatically better risk-adjusted rate of return by swapping to NLY-F or NLY-I. The payback period on the upgrade is less than t...

The U.S. economy is set to see a big boost as vaccines roll out and the stimulus kicks in. The financial sector is set to be a big beneficiary. CSWC is an internally-managed BDC with a strong track record. It just posted strong earnings and increased its dividends by 2%. Insid...

Buying preferred shares isn't hard. It's a great technique to find some attractive risk-adjusted returns though. Many investors don't get the trick to it. You want to buy before the price goes up. That way you can be in a positive unrealized total return. If you entered correctly,...

REITs often issue new shares to grow. The impact to existing shareholders depends on the valuation management can get for issuing shares. When DX recently issued shares, it was a textbook example of reading the environment. New issuance should be common for the mortgage REITs trad...