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NewStar Financial, Inc. (NASDAQ:NEWS)

CAPS Rating: No stars

A commercial finance company, which provides customized debt financing solutions to middle-market businesses, mid-sized specialty finance companies, issuers of asset-backed, residential and commercial mortgage-backed securities and real estate borrowers.

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Caps

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All Players

43 Outperform
18 Underperform
 

All-Star Players

4 Outperform
2 Underperform
 

Wall Street

0 Outperform
0 Underperform
 

Top NASDAQ:NEWS Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

NetscribeFinancl (< 20)
Submitted March 12, 2007

NewStar Financial is a commercial finance company that provides customized debt financing solutions to middle-market businesses, mid-sized specialty finance companies, issuers of asset-backed and commercial mortgage-backed securities, and commercial… More

OOji (27.64)
Submitted May 18, 2008

Breaking NEWS :: OOji's personalized stock ideas for this week: SELL the dawg.

Recent Community Commentary

Read the most recent pitches from players about NEWS.

Recs

0
Member Avatar rivera007 (< 20) Submitted: 1/14/2014 10:19:36 PM : Underperform Start Price: $15.44 NASDAQ:NEWS Score: +125.78

none

Recs

2
Member Avatar NetscribeFinancl (< 20) Submitted: 3/12/2007 7:51:48 AM : Outperform Start Price: $17.38 NASDAQ:NEWS Score: -214.10

NewStar Financial is a commercial finance company that provides customized debt financing solutions to middle-market businesses, mid-sized specialty finance companies, issuers of asset-backed and commercial mortgage-backed securities, and commercial real estate borrowers.

Majority of the loan portfolio comprises of corporate loan accounting for 73%. Structured products category comes next with 15% that makes investments in asset-backed securities and mortgage backed securities including some sub-prime residential mortgage exposure with the rest going to commercial real estate.

Disciplined credit culture with rigorous underwriting practices and intensive due diligence has helped it maintain good asset quality. Endorsing the same the corporate loan portfolio is performing well with only one delinquent loan. Though the reduction in sub prime exposure to less than 2% from levels of 5%-7% resulted in high yield being forgone but has also helped to reduce the risk profile.

Huge prospects are seen in the under served middle market corporate lending group despite increasing competition and tightening spreads with a market of approximately $30 billion in 2006 according to an estimate by Standard and Poors. The company targets companies with EBITDA between $5 million and $50 million for direct origination. Of this majority are sponsored by private equity firms and good relationships with them are needed. Reflecting the same it has had early success building an origination platform of national scope leveraging the management relationship with leading financial institutions.

Recent growth in commercial real estate and refinance activities along with leveraged buyout financing are other bright spots to cash on. NewStar Credit Opportunities Fund (NCOF) with equity funding from Och-Ziff and Caisse Depot seems to a good strategy that helps to undertake larger underwritings without reducing its overall portfolio diversification. Apart from the ability to fund bigger deals NCOF provides a steady stream of management fees also and is all set to beat the market.

Recs

1
Member Avatar bmorten (61.48) Submitted: 1/13/2007 2:39:21 PM : Outperform Start Price: $18.76 NASDAQ:NEWS Score: -213.92

Smart people; big market.

Leaderboard

Find the members with the highest scoring picks in NEWS.

Score Leader

jtroiaffd

jtroiaffd (61.10) Score: +228.56

The Score Leader is the player with the highest score across all their picks in NEWS.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
jtroiaffd 61.10 10/8/2008 Underperform NS $7.57 +58.24% +293.22% +234.98 0 Comment
GAthlete20 < 20 12/20/2006 Underperform 3W $18.02 -33.51% +179.27% +212.79 0 Comment
stockcaps360 < 20 8/17/2009 Outperform 5Y $2.05 +483.28% +282.36% +200.92 0 Comment
MakeEasyMoney365 71.50 6/7/2012 Underperform 5Y $11.68 +2.58% +180.52% +177.94 0 Comment
dabears54 80.26 5/7/2007 Underperform 1Y $14.06 -14.79% +162.11% +176.90 0 Comment
osucowboys344 26.60 1/28/2011 Underperform 5Y $10.06 +19.07% +187.70% +168.63 0 Comment
easternmost 61.63 8/2/2007 Underperform NS $12.15 -1.44% +167.11% +168.54 0 Comment
1RaceNJason 63.92 8/5/2009 Outperform 3W $2.25 +431.90% +276.85% +155.05 0 Comment
sb399 < 20 8/7/2009 Outperform 5Y $2.27 +427.24% +272.69% +154.55 0 Comment
supratrader 25.56 12/31/2007 Underperform NS $8.91 +34.45% +165.27% +130.81 0 Comment

Wall Street

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