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NewStar Financial Inc (NEWS.OQ)

NEWS.OQ on NASDAQ Stock Exchange Global Select Market

11.72USD
13 Dec 2017
Change (% chg)

$-0.04 (-0.34%)
Prev Close
$11.76
Open
$11.76
Day's High
$11.80
Day's Low
$11.70
Volume
82,504
Avg. Vol
51,659
52-wk High
$12.58
52-wk Low
$8.57

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About

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. The... (more)

Overall

Beta: 2.15
Market Cap(Mil.): $492.63
Shares Outstanding(Mil.): 41.61
Dividend: 0.02
Yield (%): 0.68

Financials

  Industry Sector
P/E (TTM): -- 22.69 16.44
EPS (TTM): -- -- --
ROI: -- 1.18 10.62
ROE: -- 4.94 14.20

BRIEF-Newstar reports completion of go-shop process

* Newstar Financial Inc- ‍expiration of 30 day "go shop" period included in merger agreement between First Eagle Investment Management and Co

Nov 20 2017

BRIEF-Newstar reports Q3 earnings per share of $0.11

* Newstar reports net income of $4.6 million, or $0.11 per diluted share, for the third quarter of 2017 and declares $0.02 quarterly dividend per share

Nov 01 2017

Fitch Places NewStar on Rating Watch Evolving Following Acquisition Announcement

(The following statement was released by the rating agency) CHICAGO, October 19 (Fitch) Fitch Ratings has placed NewStar Financial, Inc.'s (NewStar) Long-Term and Short-Term Issuer Default Ratings (IDRs) of 'BB-' and 'B', respectively, on Rating Watch Evolving. This action follows the Oct. 17, 2017 announcement that First Eagle Investment Management (First Eagle) has entered into a definitive agreement to acquire NewStar for total consideration estimated at $12.32 to $12.44 per share. NewStar's

Oct 19 2017

BRIEF-First Eagle Investment Management agrees to acquire Newstar Financial

* First Eagle Investment Management agrees to acquire Newstar Financial

Oct 17 2017

BRIEF-Newstar Financial reports net income of $4.2 million in Q2

* Newstar reports net income of $4.2 million, or $0.10 per diluted share, for the second quarter of 2017 and declares $0.02 quarterly dividend per share

Aug 02 2017

BRIEF-Fifth street Asset Management Inc announces sale of middle market CLO business

* Fifth Street Asset Management Inc announces sale of middle market CLO business to Newstar Financial Inc

Jul 07 2017

BRIEF-Newstar to add $726 million of managed assets through acquisition of investment manager

* Newstar to add $726 million of managed assets through acquisition of investment manager

Jul 07 2017

Competitors

  Price Chg
IDFC Ltd (IDFC.NS) Rs57.65 -0.15
Visa Inc (V.N) $113.31 -0.15
FlexiGroup Limited (FXL.AX) $1.66 -0.02
Gremi Inwestycje SA (GIW.WA) -- --

Earnings vs. Estimates