What is DA Davidson's Forecast for Veritex Q3 Earnings?

Veritex Holdings, Inc. (NASDAQ:VBTX - Free Report) - Equities research analysts at DA Davidson issued their Q3 2025 earnings per share (EPS) estimates for shares of Veritex in a report issued on Thursday, July 24th. DA Davidson analyst G. Tenner forecasts that the financial services provider will earn $0.60 per share for the quarter. DA Davidson has a "Buy" rating and a $39.00 price objective on the stock. The consensus estimate for Veritex's current full-year earnings is $2.26 per share.

Several other brokerages have also weighed in on VBTX. Stephens reaffirmed an "equal weight" rating and issued a $30.00 target price on shares of Veritex in a research report on Wednesday, April 23rd. William Blair upgraded Veritex to an "outperform" rating in a research report on Monday, July 14th. Piper Sandler restated a "neutral" rating and set a $34.00 price objective (up from $30.00) on shares of Veritex in a research report on Wednesday, July 16th. Keefe, Bruyette & Woods raised their price target on Veritex from $30.00 to $37.00 and gave the stock a "market perform" rating in a research note on Tuesday. Finally, The Goldman Sachs Group assumed coverage on Veritex in a research note on Monday, July 14th. They issued a "buy" rating on the stock. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $33.25.

Veritex Stock Performance

VBTX traded up $0.41 during trading hours on Friday, hitting $32.51. 1,023,303 shares of the stock were exchanged, compared to its average volume of 1,450,851. Veritex has a 12 month low of $20.10 and a 12 month high of $33.69. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a 50-day simple moving average of $26.73 and a 200-day simple moving average of $25.39. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 15.48 and a beta of 1.03.

Veritex (NASDAQ:VBTX - Get Free Report) last released its earnings results on Friday, July 18th. The financial services provider reported $0.56 EPS for the quarter, beating the consensus estimate of $0.54 by $0.02. Veritex had a return on equity of 7.59% and a net margin of 14.83%. The company had revenue of $109.83 million during the quarter, compared to analysts' expectations of $110.91 million. During the same period in the prior year, the business posted $0.52 EPS.

Institutional Investors Weigh In On Veritex

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Acadian Asset Management LLC bought a new stake in shares of Veritex in the first quarter worth about $28,000. Opal Wealth Advisors LLC bought a new position in shares of Veritex during the first quarter worth approximately $31,000. Quarry LP increased its stake in Veritex by 117.0% during the 4th quarter. Quarry LP now owns 1,528 shares of the financial services provider's stock worth $42,000 after acquiring an additional 824 shares during the period. GAMMA Investing LLC increased its stake in shares of Veritex by 28.9% in the 2nd quarter. GAMMA Investing LLC now owns 4,513 shares of the financial services provider's stock valued at $118,000 after purchasing an additional 1,011 shares during the last quarter. Finally, Aquatic Capital Management LLC acquired a new stake in shares of Veritex during the 4th quarter valued at $143,000. Institutional investors own 88.31% of the company's stock.

Insider Buying and Selling

In other Veritex news, COO Lavonda Renfro sold 53,411 shares of Veritex stock in a transaction on Tuesday, July 22nd. The stock was sold at an average price of $32.38, for a total value of $1,729,448.18. Following the completion of the transaction, the chief operating officer owned 60,209 shares in the company, valued at approximately $1,949,567.42. The trade was a 47.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO C Malcolm Holland III sold 63,642 shares of the business's stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $32.50, for a total value of $2,068,365.00. Following the sale, the chief executive officer owned 294,508 shares of the company's stock, valued at approximately $9,571,510. The trade was a 17.77% decrease in their position. The disclosure for this sale can be found here. Insiders sold 300,531 shares of company stock worth $9,724,762 in the last quarter. Corporate insiders own 4.30% of the company's stock.

Veritex Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 21st. Stockholders of record on Thursday, August 7th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 2.71%. The ex-dividend date of this dividend is Thursday, August 7th. Veritex's payout ratio is presently 41.90%.

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.