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

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$29.64 -0.74 (-2.44 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$29.64
Today's Range$29.54 - $30.40
52-Week Range$25.26 - $33.08
Volume955,024 shs
Average Volume127,548 shs
Market Capitalization$734.65 million
P/E Ratio31.20
Dividend YieldN/A
Beta1.39
Veritex logoVeritex 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. The company operates through 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

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

Debt

Debt-to-Equity Ratio0.25
Current Ratio1.02
Quick Ratio1.02

Price-To-Earnings

Trailing P/E Ratio31.20
Forward P/E Ratio16.65
P/E Growth1.71

Sales & Book Value

Annual Sales$87.13 million
Price / Sales8.23
Cash Flow$0.9106 per share
Price / Cash32.55
Book Value$20.28 per share
Price / Book1.46

Profitability

EPS (Most Recent Fiscal Year)$0.95
Net Income$15.15 million
Net Margins23.09%
Return on Equity6.53%
Return on Assets1.09%

Miscellaneous

Employees324
Outstanding Shares24,180,000
Market Cap$734.65 million

Veritex (NASDAQ:VBTX) Frequently Asked Questions

What is Veritex's stock symbol?

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

How were Veritex's earnings last quarter?

Veritex Holdings Inc (NASDAQ:VBTX) issued its quarterly earnings data on Tuesday, July, 24th. The financial services provider reported $0.43 EPS for the quarter, hitting the Zacks' consensus estimate of $0.43. The financial services provider earned $30.22 million during the quarter, compared to the consensus estimate of $29.60 million. Veritex had a return on equity of 6.53% and a net margin of 23.09%. View Veritex's Earnings History.

When is Veritex's next earnings date?

Veritex is scheduled to release their next quarterly earnings announcement on Monday, October, 22nd 2018. View Earnings Estimates for Veritex.

What price target have analysts set for VBTX?

3 Wall Street analysts have issued 12 month price targets for Veritex's shares. Their predictions range from $33.00 to $37.00. On average, they anticipate Veritex's stock price to reach $35.00 in the next year. This suggests a possible upside of 18.1% 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.

Who are some of Veritex's key competitors?

Who are Veritex's key executives?

Veritex's management team includes the folowing people:
  • Mr. Charles Malcolm Holland III, Chairman & CEO (Age 58)
  • Mr. Jeffrey Kesler, Exec. VP & Chief Lending Officer (Age 40)
  • Ms. Noreen E. Skelly, Exec. VP & CFO (Age 53)
  • Mr. Michael L. Bryan, Exec. VP & Chief Information Officer (Age 61)
  • Ms. LaVonda Renfro, Exec. VP & Chief Admin. Officer (Age 57)

Has Veritex been receiving favorable news coverage?

News articles about VBTX stock have trended somewhat positive on Saturday, Accern reports. Accern rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Veritex earned a news and rumor sentiment score of 0.18 on Accern's scale. They also assigned media coverage about the financial services provider an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Veritex.

Who are Veritex's major shareholders?

Veritex's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.19%), Dimensional Fund Advisors LP (3.61%), Millennium Management LLC (2.54%), PNC Financial Services Group Inc. (2.01%), Elizabeth Park Capital Advisors Ltd. (1.84%) and Cullen Frost Bankers Inc. (1.62%). Company insiders that own Veritex stock include C Malcolm Holland III, John Sughrue, Lavonda Renfro, Michael Clayton Riebe, Ned N Fleming III, Veritex Holdings LP Suntx 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 Cullen Frost Bankers Inc., Northpointe Capital LLC, Renaissance Technologies LLC, Syntal Capital Partners LLC, Hodges Capital Management Inc., Frontier Investment Mgmt Co. and Bank of America Corp DE. Company insiders that have sold Veritex company stock in the last year include C Malcolm Holland III, Ned N Fleming III and William C Murphy. View Insider Buying and Selling for Veritex.

Which institutional investors are buying Veritex stock?

VBTX stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, Millennium Management LLC, Boston Advisors LLC, Broadview Advisors LLC, State of Wisconsin Investment Board, Northern Trust Corp and Stephens Investment Management Group LLC. Company insiders that have bought Veritex stock in the last two years include John Sughrue and Michael Clayton Riebe. 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 $29.64.

How big of a company is Veritex?

Veritex has a market capitalization of $734.65 million and generates $87.13 million in revenue each year. The financial services provider earns $15.15 million in net income (profit) each year or $0.95 on an earnings per share basis. Veritex employs 324 workers across the globe.

How can I contact Veritex?

Veritex's mailing address is 8214 WESTCHESTER DRIVE SUITE 400, 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:  2.5 out of 5 (star star half star)
Outperform Votes:  102 (Vote Outperform)
Underperform Votes:  106 (Vote Underperform)
Total Votes:  208
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 9/22/2018 by MarketBeat.com Staff

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