Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Velocity Financial (VEL)
NYSE:VEL
VEL Stock Chart & Stats
Day’s Range― - ―
52-Week Range$14.51 - $20.85
Previous CloseN/A
Volume4.21K
Average Volume (3M)68.72K
Market Cap
$609.64M
Enterprise Value$5.21B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)10.1
Beta0.77
Next Earnings
Mar 06, 2025EPS Estimate
0.48Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.81
Shares Outstanding33,114,845
10 Day Avg. Volume43,188
30 Day Avg. Volume68,724
Standard Deviation0.15
R-Squared0.13
Alpha0.00535
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.95
Price to Cash Flow (P/CF)-8.70
P/FCF Ratio4.40
Enterprise Value/Market Cap8.55
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit39.57
Enterprise Value/Ebitda27.19
Forecast
1Y Price Target
$22.33Price Target Upside20.77% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
---
Velocity Financial News
PremiumCompany Announcements
Velocity Financial Approves 2025 Executive Incentive Programs
PremiumCompany Announcements
Velocity Financial Releases Q3 2024 Earnings Insights
PremiumCompany Announcements
Velocity Financial Reports Strong Q3 2024 Results
---
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company achieved a core return on common equity of 19.0% in the third quarter.
Growth PotentialThe loan portfolio increased by 6.1% to $4.7 billion, indicating growth in the company's lending activities.
ValuationThe stock has been a leader among mortgage and spec fin lenders with total return +13% YTD and +3.5% since the end of August, versus a mostly mixed tape for the comps whose valuation has been more rate-sensitive.
Bears Say
Credit RiskThere is at least some risk if the delinquency pipeline grows further from here.
Interest Rate SensitivityThe company is a fixed-rate lender, so it doesn't entirely avoid some duration and liquidity sensitivity when rates are higher.
Nonperforming LoansNonperforming loans as a percentage of the total portfolio increased slightly, to 10.5% from 10.1% at March 31.
---
Ownership Overview
4.05% Insiders
3.40% Mutual Funds
37.06% Other Institutional Investors
51.79% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
VEL FAQ
What was Velocity Financial’s price range in the past 12 months?
Velocity Financial lowest stock price was $14.51 and its highest was $20.85 in the past 12 months.
What is Velocity Financial’s market cap?
Velocity Financial’s market cap is $609.64M.
When is Velocity Financial’s upcoming earnings report date?
Velocity Financial’s upcoming earnings report date is Mar 06, 2025 which is in 27 days.
How were Velocity Financial’s earnings last quarter?
Velocity Financial released its earnings results on Nov 07, 2024. The company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.48 by -$0.01.
Is Velocity Financial overvalued?
According to Wall Street analysts Velocity Financial’s price is currently Undervalued.
Does Velocity Financial pay dividends?
Velocity Financial does not currently pay dividends.
What is Velocity Financial’s EPS estimate?
Velocity Financial’s EPS estimate is 0.48.
How many shares outstanding does Velocity Financial have?
Velocity Financial has 33,114,845 shares outstanding.
What happened to Velocity Financial’s price movement after its last earnings report?
Velocity Financial reported an EPS of $0.47 in its last earnings report, missing expectations of $0.48. Following the earnings report the stock price went up 1.693%.
Which hedge fund is a major shareholder of Velocity Financial?
Currently, no hedge funds are holding shares in VEL
---
Velocity Financial Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$22.33 (20.77% Upside)
$22.33 (20.77% Upside)
Blogger Sentiment
Bullish
VEL Sentiment 100%
Sector Average 69%
Sector Average 69%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
16.66%
12-Months-Change
Fundamentals
Return on Equity
14.29%
Trailing 12-Months
Asset Growth
26.36%
Trailing 12-Months
Company Description
Velocity Financial
Velocity Financial, Inc. operates a real estate finance company. It originates and manages investor loans secured by residential rental and small commercial properties. The company was founded by Christopher D. Farrar and Jeffrey T. Taylor in 2004 and is headquartered in Westlake Village, CA.
---
VEL Company Deck
---
VEL Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a robust quarter with significant growth in loan origination and income. Securitizations have been successful, and the company enjoys a strong pipeline indicating continued momentum. However, the non-performing loan rate remains high, and there are potential risks associated with lengthy foreclosure processes in certain states. Overall, the positives heavily outweigh the negatives.Read More>---
VEL Stock 12 Month Forecast
Average Price Target
$22.33
▲(20.77% Upside)
Technical Analysis
Best Analysts Covering VEL
1 Year
1 Year Success Rate
10/19 ratings generated profit
1 Year Average Return
+20.73%
reiterated a buy rating 3 months ago
Copying Steven Delaney's trades and holding each position for 1 Year would result in 52.63% of your transactions generating a profit, with an average return of +20.73% per trade.
---