NASDAQ:VBTX - Veritex Stock Price, News, & Analysis

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$26.39 +0.15 (+0.57 %)
(As of 05/21/2019 04:00 PM ET)
Previous Close$26.24
Today's Range$26.20 - $26.53
52-Week Range$20.34 - $33.08
Volume199,200 shs
Average Volume355,039 shs
Market Capitalization$1.43 billion
P/E Ratio14.32
Dividend Yield1.91%
Beta1.72
Veritex Holdings, Inc. operates as the holding company for Veritex Community Bank that provides various commercial banking products and services to small and medium-sized businesses, and professionals. The company's deposit products include checking, demand, savings, money market, and time deposit accounts, as well as commercial deposit and financial institution money market accounts. Its loan portfolio consists of commercial real estate and general commercial loans, residential real estate loans, construction and land loans, farmland loans, and consumer loans. The company also provides a range of online banking solutions, such as access to account balances, online transfers, online bill payment and electronic delivery of customer statements, and ATMs, as well as banking through telephone, mail, and personal appointment. In addition, it offers debit cards, night depository services, direct deposits, cashier's checks, and letters of credit; treasury management services, including balance reporting, transfers between accounts, wire transfer initiation, automated clearinghouse origination, and stop payments; and cash management deposit products consisting of lockbox, remote deposit capture, positive pay, reverse positive pay, account reconciliation services, zero balance accounts, and sweep accounts. As of December 31, 2018, the company had 20 branches and 1 mortgage office located in the Dallas-Fort Worth metroplex, as well as 1 branch in the Houston metropolitan area. Veritex Holdings, Inc. was founded in 2009 and is headquartered in Dallas, Texas.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:VBTX
CUSIPN/A
Phone972-349-6200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$156.14 million
Cash Flow$2.2633 per share
Book Value$22.00 per share

Profitability

Net Income$39.34 million

Miscellaneous

Employees327
Market Cap$1.43 billion
Next Earnings Date7/22/2019 (Estimated)
OptionableNot Optionable

Veritex (NASDAQ:VBTX) Frequently Asked Questions

What is Veritex's stock symbol?

Veritex trades on the NASDAQ under the ticker symbol "VBTX."

How often does Veritex pay dividends? What is the dividend yield for Veritex?

Veritex declared a quarterly dividend on Tuesday, April 23rd. Investors of record on Thursday, May 9th will be given a dividend of $0.125 per share on Thursday, May 23rd. This represents a $0.50 annualized dividend and a yield of 1.89%. The ex-dividend date of this dividend is Wednesday, May 8th. View Veritex's Dividend History.

How were Veritex's earnings last quarter?

Veritex Holdings Inc (NASDAQ:VBTX) announced its quarterly earnings data on Monday, April, 22nd. The financial services provider reported $0.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.58 by $0.01. The financial services provider had revenue of $81.40 million for the quarter, compared to analysts' expectations of $78.50 million. Veritex had a return on equity of 9.11% and a net margin of 16.31%. View Veritex's Earnings History.

When is Veritex's next earnings date?

Veritex is scheduled to release their next quarterly earnings announcement on Monday, July 22nd 2019. View Earnings Estimates for Veritex.

What price target have analysts set for VBTX?

3 brokerages have issued 12-month price targets for Veritex's shares. Their forecasts range from $29.00 to $37.00. On average, they expect Veritex's stock price to reach $32.6667 in the next twelve months. This suggests a possible upside of 23.8% from the stock's current price. View Analyst Price Targets for Veritex.

What is the consensus analysts' recommendation for Veritex?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veritex in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Veritex.

Has Veritex been receiving favorable news coverage?

Media coverage about VBTX stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Veritex earned a news impact score of -1.2 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of Veritex's key competitors?

What other stocks do shareholders of Veritex own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Veritex investors own include Banco Bilbao Vizcaya Argentaria (BBVA), Green Bancorp (GNBC), Intuitive Surgical (ISRG), UnitedHealth Group (UNH), Momo (MOMO), NVIDIA (NVDA), Synergy Pharmaceuticals (SGYP), Palo Alto Networks (PANW), Twilio (TWLO) and Visa (V).

Who are Veritex's key executives?

Veritex's management team includes the folowing people:
  • Mr. Charles Malcolm Holland III, Chairman, Pres & CEO (Age 59)
  • Ms. LaVonda Renfro, Exec. VP (Age 58)
  • Mr. Jeffrey Kesler, Exec. VP (Age 41)
  • Mr. Michael Clayton Riebe, Exec. VP (Age 58)
  • Mr. Terry S. Earley, Exec. VP & CFO (Age 60)

Who are Veritex's major shareholders?

Veritex's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.22%), Pine Brook Road Advisors LP (5.83%), Mendon Capital Advisors Corp (4.03%), Dimensional Fund Advisors LP (3.67%), RMB Capital Management LLC (2.05%) and Banc Funds Co. LLC (1.49%). Company insiders that own Veritex stock include C Malcolm Holland III, Gordon Huddleston, John Sughrue, Mark C Griege, Michael Clayton Riebe, Ned N Fleming III, Pat S Bolin, Terry Earley and William C Murphy. View Institutional Ownership Trends for Veritex.

Which institutional investors are selling Veritex stock?

VBTX stock was sold by a variety of institutional investors in the last quarter, including AlphaOne Investment Services LLC, Citigroup Inc., Principal Financial Group Inc., Hodges Capital Management Inc. and Commonwealth Equity Services LLC. View Insider Buying and Selling for Veritex.

Which institutional investors are buying Veritex stock?

VBTX stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Pine Brook Road Advisors LP, Dimensional Fund Advisors LP, Mendon Capital Advisors Corp, First Manhattan Co., Marshall Wace LLP, Hillcrest Asset Management LLC and Peregrine Capital Management LLC. Company insiders that have bought Veritex stock in the last two years include Gordon Huddleston, John Sughrue, Mark C Griege, Michael Clayton Riebe, Pat S Bolin and Terry Earley. View Insider Buying and Selling for Veritex.

How do I buy shares of Veritex?

Shares of VBTX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Veritex's stock price today?

One share of VBTX stock can currently be purchased for approximately $26.39.

How big of a company is Veritex?

Veritex has a market capitalization of $1.43 billion and generates $156.14 million in revenue each year. The financial services provider earns $39.34 million in net income (profit) each year or $1.84 on an earnings per share basis. Veritex employs 327 workers across the globe.

What is Veritex's official website?

The official website for Veritex is http://www.veritexbank.com/.

How can I contact Veritex?

Veritex's mailing address is 8214 WESTCHESTER DRIVE SUITE 800, DALLAS TX, 75225. The financial services provider can be reached via phone at 972-349-6200 or via email at [email protected]


MarketBeat Community Rating for Veritex (NASDAQ VBTX)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  129 (Vote Outperform)
Underperform Votes:  180 (Vote Underperform)
Total Votes:  309
MarketBeat's community ratings are surveys of what our community members think about Veritex and other stocks. Vote "Outperform" if you believe VBTX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VBTX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/21/2019 by MarketBeat.com Staff

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