Equities Analysts Set Expectations for Veritex Q2 Earnings

Veritex Holdings, Inc. (NASDAQ:VBTX - Free Report) - Equities research analysts at DA Davidson issued their Q2 2025 earnings per share estimates for shares of Veritex in a note issued to investors on Thursday, April 24th. DA Davidson analyst G. Tenner expects that the financial services provider will earn $0.56 per share for the quarter. DA Davidson currently has a "Buy" rating and a $32.00 target price on the stock. The consensus estimate for Veritex's current full-year earnings is $2.26 per share. DA Davidson also issued estimates for Veritex's FY2025 earnings at $2.24 EPS and FY2026 earnings at $2.44 EPS.

Veritex (NASDAQ:VBTX - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The financial services provider reported $0.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.51 by $0.03. The business had revenue of $109.73 million during the quarter, compared to the consensus estimate of $110.73 million. Veritex had a return on equity of 7.59% and a net margin of 13.44%. During the same period in the prior year, the business posted $0.53 EPS.

Other equities research analysts have also recently issued research reports about the company. Stephens reiterated an "equal weight" rating and set a $30.00 target price on shares of Veritex in a report on Wednesday, April 23rd. Raymond James cut Veritex from a "strong-buy" rating to an "outperform" rating and lowered their target price for the company from $31.00 to $28.00 in a report on Wednesday, April 2nd. Keefe, Bruyette & Woods lowered their target price on Veritex from $33.00 to $30.00 and set a "market perform" rating on the stock in a report on Thursday, April 24th. Finally, Hovde Group upgraded Veritex from a "market perform" rating to an "outperform" rating and set a $31.50 target price on the stock in a report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $30.25.

Veritex Price Performance

Shares of VBTX traded down $0.29 on Friday, reaching $23.11. The stock had a trading volume of 84,318 shares, compared to its average volume of 406,778. The firm has a market capitalization of $1.26 billion, a PE ratio of 11.85 and a beta of 1.11. The company has a quick ratio of 0.94, a current ratio of 0.95 and a debt-to-equity ratio of 0.14. The firm has a 50-day moving average of $23.69 and a 200 day moving average of $26.38. Veritex has a twelve month low of $18.74 and a twelve month high of $31.62.

Veritex Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 8th will be issued a $0.22 dividend. This is an increase from Veritex's previous quarterly dividend of $0.20. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date of this dividend is Thursday, May 8th. Veritex's payout ratio is presently 43.14%.

Institutional Trading of Veritex

A number of hedge funds and other institutional investors have recently made changes to their positions in VBTX. GAMMA Investing LLC boosted its holdings in shares of Veritex by 14.7% during the 4th quarter. GAMMA Investing LLC now owns 3,360 shares of the financial services provider's stock worth $91,000 after buying an additional 431 shares during the period. Meeder Asset Management Inc. increased its stake in Veritex by 9.8% during the fourth quarter. Meeder Asset Management Inc. now owns 5,366 shares of the financial services provider's stock valued at $146,000 after acquiring an additional 481 shares during the period. SummerHaven Investment Management LLC boosted its holdings in Veritex by 1.5% during the first quarter. SummerHaven Investment Management LLC now owns 37,056 shares of the financial services provider's stock valued at $925,000 after purchasing an additional 536 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Veritex by 1.0% during the third quarter. Franklin Resources Inc. now owns 73,421 shares of the financial services provider's stock valued at $1,920,000 after purchasing an additional 701 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings in Veritex by 7.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 11,166 shares of the financial services provider's stock valued at $303,000 after purchasing an additional 751 shares in the last quarter. 88.31% of the stock is currently owned by institutional investors.

About Veritex

Veritex Holdings, Inc operates as the bank holding company for Veritex Community Bank that provides various commercial banking products and services to small and medium-sized businesses, and professionals. The company accepts deposit products include demand, savings, money market, and time accounts. Its loan products include commercial real estate and general commercial, mortgage warehouse loans, residential real estate, construction and land, farmland, paycheck protection program, 1-4 family residential, agricultural, multi-family residential, and consumer loans, as well as purchased receivables financing.