Veritex (VBTX) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Veritex in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" VBTX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VBTX, but not buy additional shares or sell existing shares.
View VBTX analyst ratings or view top-rated stocks.

4 analysts have issued 12 month price objectives for Veritex's stock. Their VBTX share price forecasts range from $20.50 to $38.00. On average, they predict the company's stock price to reach $28.38 in the next year. This suggests a possible upside of 59.6% from the stock's current price.
View analysts price targets for VBTX or view top-rated stocks among Wall Street analysts.

Veritex's stock was trading at $28.08 on January 1st, 2023. Since then, VBTX stock has decreased by 36.7% and is now trading at $17.78.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our VBTX earnings forecast.

Veritex Holdings, Inc. (NASDAQ:VBTX) released its quarterly earnings results on Tuesday, July, 25th. The financial services provider reported $0.64 EPS for the quarter, missing the consensus estimate of $0.78 by $0.14. The financial services provider had revenue of $114.52 million for the quarter, compared to analysts' expectations of $117.40 million. Veritex had a trailing twelve-month return on equity of 11.08% and a net margin of 22.77%.

Veritex announced a quarterly dividend on Tuesday, July 25th. Investors of record on Thursday, August 10th will be paid a dividend of $0.20 per share on Friday, August 25th. This represents a $0.80 annualized dividend and a dividend yield of 4.50%. The ex-dividend date of this dividend is Wednesday, August 9th.
Read our dividend analysis for VBTX.

First Trust Small Cap Core AlphaDEX Fund holds 143,006 shares of VBTX stock, representing 0.36% of its portfolio.

Veritex (NASDAQ:VBTX) pays an annual dividend of $0.80 per share and currently has a dividend yield of 4.58%. VBTX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 28.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VBTX will have a dividend payout ratio of 29.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VBTX.

Based on aggregate information from My MarketBeat watchlists, some companies that other Veritex investors own include Banco Bilbao Vizcaya Argentaria (BBVA), Green Bancorp (GNBC), JD.com (JD), Verizon Communications (VZ), Enterprise Products Partners (EPD), QUALCOMM (QCOM), Skyworks Solutions (SWKS), Taiwan Semiconductor Manufacturing (TSM), Advanced Micro Devices (AMD) and Enbridge (ENB).

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

Veritex's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.63%), State Street Corp (4.73%), Westwood Holdings Group Inc. (3.03%), Dimensional Fund Advisors LP (2.67%), Victory Capital Management Inc. (2.39%) and LSV Asset Management (2.35%). Insiders that own company stock include Angela Harper, Arcilia Acosta, C Malcolm Holland III, Cara Mcdaniel, Fallon William, Gordon Huddleston, Gregory B Morrison, Jeff Kesler, Jim Recer, John Sughrue, Lavonda Renfro, Manuel J Mehos, Michael Clayton Riebe, Pat S Bolin, Terry Earley and William Don Ellis.
View institutional ownership trends.

Shares of VBTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of VBTX stock can currently be purchased for approximately $17.78.

Veritex (NASDAQ:VBTX) has a market capitalization of $965.56 million and generates $473.44 million in revenue each year. The financial services provider earns $146.32 million in net income (profit) each year or $2.84 on an earnings per share basis.

The company employs 763 workers across the globe.

Veritex's mailing address is 8214 WESTCHESTER DRIVE SUITE 800, DALLAS TX, 75225. The official website for the company is www.veritexbank.com. The financial services provider can be reached via phone at (972) 349-6200 or via email at scaudle@veritexbank.com.