NYSE:VEL Velocity Financial (VEL) Stock Price, News & Analysis → Did You Get Your Free Bitcoin Yet? (From Crypto Swap Profits) (Ad) Free VEL Stock Alerts $17.67 -0.70 (-3.81%) (As of 05/13/2024 ET) Add Compare Share Share Today's Range$17.37▼$18.6650-Day Range$15.92▼$18.4952-Week Range$8.74▼$19.08Volume14,369 shsAverage Volume18,262 shsMarket Capitalization$582.86 millionP/E Ratio10.39Dividend YieldN/APrice Target$17.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Velocity Financial alerts: Email Address Velocity Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside2.4% Downside$17.25 Price TargetShort InterestBearish2.94% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth7.69%From $1.69 to $1.82 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.91 out of 5 starsFinance Sector2420th out of 2,641 stocksNondepository Credit Institutions Industry136th out of 147 stocks 1.4 Analyst's Opinion Consensus RatingVelocity Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageVelocity Financial has only been the subject of 2 research reports in the past 90 days.Read more about Velocity Financial's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.94% of the float of Velocity Financial has been sold short.Short Interest Ratio / Days to CoverVelocity Financial has a short interest ratio ("days to cover") of 31.6, which indicates bearish sentiment.Change versus previous monthShort interest in Velocity Financial has recently decreased by 1.24%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldVelocity Financial does not currently pay a dividend.Dividend GrowthVelocity Financial does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for VEL. Previous Next 1.4 News and Social Media Coverage News SentimentVelocity Financial has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Velocity Financial this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for VEL on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Velocity Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Velocity Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.00% of the stock of Velocity Financial is held by insiders.Percentage Held by Institutions97.49% of the stock of Velocity Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Velocity Financial's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Velocity Financial are expected to grow by 7.69% in the coming year, from $1.69 to $1.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Velocity Financial is 10.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Velocity Financial is 10.39, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 53.05.Price to Book Value per Share RatioVelocity Financial has a P/B Ratio of 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Velocity Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyElon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. About Velocity Financial Stock (NYSE:VEL)Velocity Financial, Inc. operates as a real estate finance company in the United States. It originates, securitizes, and manages a portfolio of loans, which are secured by first mortgage liens on income-producing and/or owner/user commercial properties, including investor 1-4, a non-owner occupied residential rental properties with 1-4 units; residential apartments combined with office or retail space; and multi-family comprising traditional apartment buildings, condominiums, and other residential properties with 5+ units. The company also finances for retail properties with various types of retail products and merchandise or services; commercial properties occupied by professional or business offices; and warehouse and other properties, which include self-storage units, auto services, hospitality, light industrial, and other commercial enterprises, as well as provides short-term and interest-only loans for acquisition and improvement of 1-4-unit residential properties. It offers its products through a network of independent mortgage brokers for independent real estate investors and small business owners. The company was founded in 2004 and is headquartered in Westlake Village, California.Read More VEL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VEL Stock News HeadlinesMay 11 at 12:38 PM | finance.yahoo.comIt's Unlikely That Velocity Financial, Inc.'s (NYSE:VEL) CEO Will See A Huge Pay Rise This YearMay 4, 2024 | finance.yahoo.comVelocity Financial, Inc. (NYSE:VEL) Q1 2024 Earnings Call TranscriptMay 4, 2024 | finance.yahoo.comVelocity Financial First Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagMay 2, 2024 | investorplace.comVEL Stock Earnings: Velocity Financial Beats EPS, Beats Revenue for Q1 2024May 2, 2024 | seekingalpha.comVelocity Financial, Inc. 2024 Q1 - Results - Earnings Call PresentationMay 2, 2024 | businesswire.comVelocity Financial, Inc. Reports First Quarter 2024 ResultsMay 2, 2024 | msn.comFastly, Inc. 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How did signing so late impact these MLB free agents?See More Headlines Receive VEL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Velocity Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/07/2024Today5/13/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Nondepository credit institutions Sub-IndustryN/A Current SymbolNYSE:VEL CUSIPN/A CIK1692376 Webwww.velfinance.com Phone818-532-3700FaxN/AEmployees253Year FoundedN/APrice Target and Rating Average Stock Price Target$17.25 High Stock Price Target$20.00 Low Stock Price Target$13.00 Potential Upside/Downside-2.4%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.70 Trailing P/E Ratio10.39 Forward P/E Ratio10.46 P/E GrowthN/ANet Income$52.27 million Net Margins52.16% Pretax Margin70.53% Return on Equity14.02% Return on Assets1.41% Debt Debt-to-Equity Ratio8.08 Current Ratio37.11 Quick Ratio37.11 Sales & Book Value Annual Sales$173.09 million Price / Sales3.37 Cash Flow$2.18 per share Price / Cash Flow8.10 Book Value$13.33 per share Price / Book1.33Miscellaneous Outstanding Shares32,986,000Free Float31,568,000Market Cap$582.86 million OptionableOptionable Beta1.04 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Christopher D. Farrar (Age 57)Co-Founder, CEO, President & Director Comp: $2.48MMr. Mark R. Szczepaniak (Age 66)Chief Financial Officer Comp: $1.17MMr. Jeffrey T. Taylor (Age 55)Executive Vice President of Capital Markets Comp: $929.19kMr. Joseph A. Cowell (Age 43)Chief Operating Officer Comp: $420.6kMs. Fiona Tam (Age 53)Chief Accounting Officer Mr. Christopher J. Oltmann (Age 58)Corporate Treasurer & Director of Investor Relations Mr. Roland Thomas Kelly (Age 53)Chief Legal Officer, General Counsel & Corporate Secretary More ExecutivesKey CompetitorsCore ScientificNASDAQ:CORZQudianNYSE:QDRunway Growth FinanceNASDAQ:RWAYCrescent Capital BDCNASDAQ:CCAPTeraWulfNASDAQ:WULFView All CompetitorsInstitutional OwnershipVanguard Group Inc.Bought 3,906 shares on 5/10/2024Ownership: 1.283%Empowered Funds LLCBought 9,242 shares on 5/7/2024Ownership: 0.371%View All Institutional Transactions VEL Stock Analysis - Frequently Asked Questions Should I buy or sell Velocity Financial stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Velocity Financial in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VEL shares. View VEL analyst ratings or view top-rated stocks. What is Velocity Financial's stock price target for 2024? 4 brokers have issued 1 year price targets for Velocity Financial's shares. Their VEL share price targets range from $13.00 to $20.00. On average, they expect the company's stock price to reach $17.25 in the next twelve months. This suggests that the stock has a possible downside of 2.4%. View analysts price targets for VEL or view top-rated stocks among Wall Street analysts. How have VEL shares performed in 2024? Velocity Financial's stock was trading at $17.22 at the beginning of the year. Since then, VEL shares have increased by 2.6% and is now trading at $17.67. View the best growth stocks for 2024 here. When is Velocity Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our VEL earnings forecast. How were Velocity Financial's earnings last quarter? Velocity Financial, Inc. (NYSE:VEL) issued its quarterly earnings results on Thursday, March, 7th. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.10. The business had revenue of $30.72 million for the quarter, compared to analyst estimates of $28.50 million. Velocity Financial had a net margin of 52.16% and a trailing twelve-month return on equity of 14.02%. During the same quarter in the previous year, the company posted $0.27 EPS. What other stocks do shareholders of Velocity Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other Velocity Financial investors own include Advanced Micro Devices (AMD), OPKO Health (OPK), Boxlight (BOXL), ChromaDex (CDXC), Daré Bioscience (DARE), Genocea Biosciences (GNCA), CarParts.com (PRTS) and Trevena (TRVN). When did Velocity Financial IPO? Velocity Financial (VEL) raised $110 million in an initial public offering on Friday, January 17th 2020. The company issued 7,300,000 shares at $14.00-$16.00 per share. Wells Fargo Securities, Citigroup and JMP Securities acted as the underwriters for the IPO and Raymond James was co-manager. Who are Velocity Financial's major shareholders? Velocity Financial's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (1.28%) and Empowered Funds LLC (0.37%). View institutional ownership trends. How do I buy shares of Velocity Financial? Shares of VEL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:VEL) was last updated on 5/13/2024 by MarketBeat.com Staff From Our PartnersThe A.I. story nobody is telling you (Read ASAP)TradeSmithThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldHe Is Giving Away BitcoinCrypto Swap ProfitsConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsGold Set to EXPLODE!Gold Safe ExchangeThe Crypto 9-5 Escape PlanCrypto 101 MediaForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressHow Biden has already won 2024Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Velocity Financial, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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