About Veritex Holdings (NASDAQ:VBTX)
Veritex Holdings, Inc. is a bank holding company. The Company, through its subsidiary, Veritex Community Bank (the Bank), a Texas state chartered bank, provides relationship-driven commercial banking products and services tailored to meet the needs of small to medium-sized businesses and professionals. It operates through community banking segment. The Bank provides a range of banking services to individual and corporate customers, which include commercial and retail lending, and the acceptance of checking and savings deposits. It offers a suite of online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, as well as automated teller machines, and banking by telephone, mail and personal appointment. It also offers debit cards, direct deposit, cashier's checks and letters of credit, as well as treasury management services, including wire transfer services and automated clearinghouse services.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Banks
- Sub-Industry: N/A
- Symbol: NASDAQ:VBTX
- CUSIP: N/A
- Web: www.veritexbank.com
- Market Cap: $409.87 million
- Outstanding Shares: 15,214,000
- 50 Day Moving Avg: $26.28
- 200 Day Moving Avg: $26.60
- 52 Week Range: $17.42 - $29.43
Sales & Book Value:
- Trailing P/E Ratio: 27.52
- Foreward P/E Ratio: 16.13
- P/E Growth: 2.55
- Annual Revenue: $49.17 million
- Price / Sales: 8.34
- Book Value: $16.27 per share
- Price / Book: 1.66
- Net Margins: 22.61%
- Return on Equity: 6.09%
- Return on Assets: 0.93%
- Debt-to-Equity Ratio: 0.19%
- Current Ratio: 1.06%
- Quick Ratio: 1.06%
- Average Volume: 115,954 shs.
- Beta: 1.66
- Short Ratio: 15.53
Frequently Asked Questions for Veritex Holdings (NASDAQ:VBTX)
What is Veritex Holdings' stock symbol?
Veritex Holdings trades on the NASDAQ under the ticker symbol "VBTX."
How were Veritex Holdings' earnings last quarter?
Veritex Holdings, Inc. (NASDAQ:VBTX) announced its quarterly earnings results on Wednesday, July, 19th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.01. The business earned $14.14 million during the quarter, compared to the consensus estimate of $16.40 million. Veritex Holdings had a return on equity of 6.09% and a net margin of 22.61%. View Veritex Holdings' Earnings History.
When will Veritex Holdings make its next earnings announcement?
Where is Veritex Holdings' stock going? Where will Veritex Holdings' stock price be in 2017?
3 equities research analysts have issued 1 year target prices for Veritex Holdings' stock. Their forecasts range from $29.50 to $34.00. On average, they anticipate Veritex Holdings' stock price to reach $31.83 in the next twelve months. View Analyst Ratings for Veritex Holdings.
Who are some of Veritex Holdings' key competitors?
Some companies that are related to Veritex Holdings include Guaranty Bancorp (GBNK), ConnectOne Bancorp (CNOB), HomeStreet (HMST), Xenith Bankshares (XBKS), Oritani Financial Corp. (ORIT), The First of Long Island Corporation (FLIC), Bryn Mawr Bank Corporation (BMTC), Camden National Corporation (CAC), Park Sterling Corporation (PSTB), Bridge Bancorp (BDGE), CU Bancorp (CA) (CUNB), First Foundation (FFWM), Peoples Bancorp (PEBO), Carolina Financial Corporation (CARO), People's Utah Bancorp (PUB), Fidelity Southern (LION), Access National (ANCX) and First Defiance Financial Corp. (FDEF).
Who are Veritex Holdings' key executives?
Veritex Holdings' management team includes the folowing people:
- C. Malcolm Holland III, Chairman of the Board, Chief Executive Officer
- T.J. Falgout, Vice Chairman of the Board
- Noreen E. Skelly, Chief Financial Officer, Executive Vice President
- Jeff Kesler, Executive Vice President and Chief Lending Officer
- Lavonda Renfro, Executive Vice President, Chief Retail Officer
- Clay Riebe, Executive Vice President and Chief Credit Officer
- Angela Harper, Executive Vice President, Chief Risk Officer
- William C. Murphy, Vice Chairman of the Board
- Thomas Mastor Mastor, Director
- Pat S. Bolin, Independent Director
Who owns Veritex Holdings stock?
Veritex Holdings' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Northpointe Capital LLC (3.96%) and Quantitative Systematic Strategies LLC (0.06%). Company insiders that own Veritex Holdings stock include C Malcolm Holland III, Jeff Kesler, John Sughrue, Lavonda Renfro, Michael A Kowalski, Michael Clayton Riebe, Ned N Fleming III and Veritex Holdings LP Suntx. View Institutional Ownership Trends for Veritex Holdings.
Who bought Veritex Holdings stock? Who is buying Veritex Holdings stock?
Veritex Holdings' stock was purchased by a variety of institutional investors in the last quarter, including Northpointe Capital LLC and Quantitative Systematic Strategies LLC. Company insiders that have bought Veritex Holdings stock in the last two years include C Malcolm Holland III, Jeff Kesler, John Sughrue, Michael A Kowalski and Michael Clayton Riebe. View Insider Buying and Selling for Veritex Holdings.
How do I buy Veritex Holdings stock?
Shares of Veritex Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Veritex Holdings' stock price today?
MarketBeat Community Rating for Veritex Holdings (NASDAQ VBTX)MarketBeat's community ratings are surveys of what our community members think about Veritex Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Veritex Holdings stock can currently be purchased for approximately $26.94.
Consensus Ratings for Veritex Holdings (NASDAQ:VBTX) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 2 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||$31.83 (18.16% upside)|Consensus Price Target History for Veritex Holdings (NASDAQ:VBTX)
Analysts' Ratings History for Veritex Holdings (NASDAQ:VBTX)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/9/2017||Piper Jaffray Companies||Reiterated Rating||Neutral||$29.00 -> $29.50||Medium|
|8/8/2017||Stephens||Set Price Target||Buy||$32.00||Low|
|3/21/2017||DA Davidson||Initiated Coverage||Buy||$34.00||Low|
Earnings History for Veritex Holdings (NASDAQ:VBTX)Earnings History by Quarter for Veritex Holdings (NASDAQ VBTX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/19/2017||Q2 2017||$0.22||$0.23||$16.40 million||$14.14 million||View||N/A|
|4/24/2017||Q1 2017||$0.22||$0.20||$12.40 million||$12.79 million||View||N/A|
|1/24/2017||Q4 2016||$0.28||$0.27||$12.34 million||View||N/A|
|10/27/2015||Q315||$0.20||$0.23||$9.50 million||$9.66 million||View||N/A|
|7/28/2015||Q215||$0.19||$0.19||$8.00 million||$7.66 million||View||N/A|
|2/3/2015||Q414||$0.18||$0.18||$7.70 million||$7.49 million||View||N/A|
Earnings Estimates for Veritex Holdings (NASDAQ:VBTX)
2017 EPS Consensus Estimate: $1.02
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Veritex Holdings (NASDAQ:VBTX)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Veritex Holdings (NASDAQ:VBTX)
Insider Ownership Percentage: 6.90%Insider Trades by Quarter for Veritex Holdings (NASDAQ:VBTX)
Institutional Ownership Percentage: 52.17%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/3/2017||Ned N Fleming III||Insider||Sell||66,997||$26.90||$1,802,219.30|| |
|10/2/2017||Ned N Fleming III||Insider||Sell||50,000||$26.93||$1,346,500.00|| |
|9/29/2017||Ned N Fleming III||Insider||Sell||66,200||$26.81||$1,774,822.00|| |
|9/28/2017||Ned N Fleming III||Insider||Sell||16,503||$26.76||$441,620.28|| |
|9/11/2017||Michael Clayton Riebe||Insider||Buy||1,950||$25.19||$49,120.50|| |
|9/7/2017||John Sughrue||Director||Buy||205||$24.42||$5,006.10|| |
|9/1/2017||Ned N Fleming III||Insider||Sell||300||$26.80||$8,040.00|| |
|8/29/2017||Ned N Fleming III||Insider||Sell||118,532||$25.65||$3,040,345.80|| |
|8/25/2017||Ned N Fleming III||Insider||Sell||26,334||$26.07||$686,527.38|| |
|8/24/2017||Ned N Fleming III||Insider||Sell||55,134||$26.16||$1,442,305.44|| |
|8/23/2017||Ned N Fleming III||Director||Sell||19,800||$26.12||$517,176.00|| |
|12/6/2016||Veritex Holdings L.P. Suntx||Major Shareholder||Sell||387,838||$19.75||$7,659,800.50|| |
|12/5/2016||Veritex Holdings L.P. Suntx||Major Shareholder||Sell||5,698||$19.98||$113,846.04|| |
|12/2/2016||Veritex Holdings L.P. Suntx||Major Shareholder||Sell||22,602||$19.89||$449,553.78|| |
|12/1/2016||Veritex Holdings L.P. Suntx||Major Shareholder||Sell||4,976||$20.03||$99,669.28|| |
|11/30/2016||Veritex Holdings L.P. Suntx||Major Shareholder||Sell||2,481||$19.89||$49,347.09|| |
|11/28/2016||Veritex Holdings L.P. Suntx||Major Shareholder||Sell||8,200||$20.13||$165,066.00|| |
|11/25/2016||Veritex Holdings L.P. Suntx||Major Shareholder||Sell||3,394||$20.34||$69,033.96|| |
|11/23/2016||Veritex Holdings L.P. Suntx||Major Shareholder||Sell||11,360||$20.31||$230,721.60|| |
|11/22/2016||Veritex Holdings L.P. Suntx||Major Shareholder||Sell||6,837||$20.30||$138,791.10|| |
|11/21/2016||Veritex Holdings L.P. Suntx||Major Shareholder||Sell||2,991||$20.20||$60,418.20|| |
|11/18/2016||Veritex Holdings L.P. Suntx||Major Shareholder||Sell||7,798||$20.45||$159,469.10|| |
|11/17/2016||Veritex Holdings L.P. Suntx||Major Shareholder||Sell||8,000||$20.16||$161,280.00|| |
|11/16/2016||Veritex Holdings L.P. Suntx||Major Shareholder||Sell||9,029||$20.04||$180,941.16|| |
|11/15/2016||Veritex Holdings L.P. Suntx||Major Shareholder||Sell||2,496||$19.99||$49,895.04|| |
|11/14/2016||Veritex Holdings L.P. Suntx||Major Shareholder||Sell||12,119||$20.91||$253,408.29|| |
|11/4/2016||Michael Clayton Riebe||Insider||Buy||1,000||$17.82||$17,820.00|| |
|10/27/2016||Lavonda Renfro||Insider||Sell||1,000||$18.12||$18,120.00|| |
|6/30/2016||Veritex Holdings L.P. Suntx||Major Shareholder||Sell||300,000||$15.50||$4,650,000.00|| |
|4/28/2016||C Malcolm Holland III||CEO||Buy||3,250||$14.86||$48,295.00|| |
|2/9/2016||Jeff Kesler||Insider||Buy||2,990||$13.22||$39,527.80|| |
|2/9/2016||Michael A Kowalski||Director||Buy||5,000||$13.30||$66,500.00|| |
|8/19/2015||John Sughrue||Director||Buy||2,000||$15.50||$31,000.00|| |
Headline Trends for Veritex Holdings (NASDAQ:VBTX)
Latest Headlines for Veritex Holdings (NASDAQ:VBTX)
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Veritex Holdings (VBTX) Chart for Monday, October, 23, 2017