NewStar Financial, Inc. (NASDAQ:NEWS) is scheduled to be releasing its Q416 earnings data on Tuesday, February 14th. Analysts expect NewStar Financial to post earnings of $0.15 per share and revenue of $21.83 million for the quarter.
NewStar Financial, Inc. (NASDAQ:NEWS) opened at 9.18 on Monday. NewStar Financial, Inc. has a one year low of $6.20 and a one year high of $11.37. The firm has a market capitalization of $405.82 million, a PE ratio of 19.49 and a beta of 1.94. The company’s 50-day moving average price is $9.10 and its 200 day moving average price is $9.55.
Separately, Zacks Investment Research lowered NewStar Financial from a “buy” rating to a “hold” rating in a report on Wednesday, January 4th.
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In related news, Director Bradley E. Cooper sold 13,246 shares of the stock in a transaction that occurred on Monday, December 19th. The stock was sold at an average price of $9.19, for a total value of $121,730.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 9.55% of the stock is currently owned by corporate insiders.
NewStar Financial Company Profile
NewStar Financial, Inc (NewStar) is a commercial finance company with specialized lending platforms focused on meeting the financing needs of companies and private investors in the middle market. The Company and its wholly owned investment management subsidiary, NewStar Capital LLC, are registered investment advisors and provide asset management services to institutional investors.
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