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Veritex Stock Price, Forecast & Analysis (NASDAQ:VBTX)

$24.90
+0.10 (+0.40 %)
(As of 11/18/2019 06:28 AM ET)
Today's Range
$24.65
Now: $24.90
$25.10
50-Day Range
$23.13
MA: $24.48
$25.54
52-Week Range
$20.34
Now: $24.90
$28.53
Volume225,200 shs
Average Volume331,392 shs
Market Capitalization$1.29 billion
P/E Ratio13.53
Dividend Yield2.02%
Beta1.56
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. Read More…

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$2.25 per share
Book Value$23.23 per share

Profitability

Net Income$39.34 million

Miscellaneous

Employees327
Market Cap$1.29 billion
Next Earnings Date1/27/2020 (Estimated)
OptionableNot Optionable

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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 announced a quarterly dividend on Monday, October 21st. Stockholders of record on Thursday, November 7th will be given a dividend of $0.125 per share on Thursday, November 21st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date of this dividend is Wednesday, November 6th. View Veritex's Dividend History.

How were Veritex's earnings last quarter?

Veritex Holdings Inc (NASDAQ:VBTX) released its quarterly earnings data on Tuesday, October, 22nd. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.54 by $0.01. The financial services provider earned $79.30 million during the quarter, compared to the consensus estimate of $79.90 million. Veritex had a return on equity of 10.16% and a net margin of 20.33%. View Veritex's Earnings History.

When is Veritex's next earnings date?

Veritex is scheduled to release their next quarterly earnings announcement on Monday, January 27th 2020. View Earnings Estimates for Veritex.

What price target have analysts set for VBTX?

2 Wall Street analysts have issued 12 month price targets for Veritex's shares. Their forecasts range from $28.00 to $29.00. On average, they expect Veritex's stock price to reach $28.50 in the next year. This suggests a possible upside of 14.5% from the stock's current price. View Analyst Price Targets for Veritex.

What is the consensus analysts' recommendation for Veritex?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veritex in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Veritex.

What are Wall Street analysts saying about Veritex stock?

Here are some recent quotes from research analysts about Veritex stock:
  • 1. According to Zacks Investment Research, "Veritex Holdings, Inc. is a bank holding company. The Bank, through its wholly owned subsidiary, Veritex Community Bank conducts its banking activities. Veritex Community Bank provides various commercial banking services to individual and corporate customers. The company offers a range of deposit accounts, loans and a range of online banking solutions. It offers debit cards, night depository services, direct deposits, cashier's checks, and letters of credit; cash management deposit products, as well as treasury management services. Veritex Holdings, Inc. is headquartered in Dallas, Texas. " (11/16/2019)
  • 2. Stephens analysts commented, "We look for additional details on the $20 million LQ increase of NPAs on tomorrow’s conference call at 8:30 CST. Our rating is Overweight." (7/23/2019)

Has Veritex been receiving favorable news coverage?

Headlines about VBTX stock have been trending very negative on Monday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Veritex earned a news impact score of -3.0 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View News Stories for Veritex.

Are investors shorting Veritex?

Veritex saw a decrease in short interest in the month of October. As of October 31st, there was short interest totalling 938,200 shares, a decrease of 25.5% from the September 30th total of 1,260,000 shares. Based on an average daily volume of 307,500 shares, the short-interest ratio is presently 3.1 days. Currently, 2.0% of the shares of the stock are sold short. View Veritex's Current Options Chain.

Who are some of Veritex's key competitors?

What other stocks do shareholders of Veritex own?

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 Hillcrest Asset Management LLC (0.77%), Peregrine Capital Management LLC (0.56%), Confluence Investment Management LLC (0.36%), Rhumbline Advisers (0.29%), Teton Advisors Inc. (0.24%) and California Public Employees Retirement System (0.22%). Company insiders that own Veritex stock include Angela Harper, Blake Bozman, C Malcolm Holland III, Gordon Huddleston, John Sughrue, Manuel J Mehos, 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 major investors are selling Veritex stock?

VBTX stock was sold by a variety of institutional investors in the last quarter, including Stephens Investment Management Group LLC, First Trust Advisors LP, SG Americas Securities LLC, Peregrine Capital Management LLC, State of Tennessee Treasury Department, Hillcrest Asset Management LLC, Virginia Retirement Systems ET AL and Cadence Capital Management LLC. Company insiders that have sold Veritex company stock in the last year include Angela Harper, Blake Bozman, C Malcolm Holland III and Manuel J Mehos. View Insider Buying and Selling for Veritex.

Which major investors are buying Veritex stock?

VBTX stock was purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, CWM LLC, Assenagon Asset Management S.A., State of Alaska Department of Revenue, Rhumbline Advisers, Commonwealth Equity Services LLC, Quest Capital Management Inc. ADV and Usca Ria 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, Robinhood, Fidelity and Charles Schwab.

What is Veritex's stock price today?

One share of VBTX stock can currently be purchased for approximately $24.90.

How big of a company is Veritex?

Veritex has a market capitalization of $1.29 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.View Additional Information About Veritex.

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:  2.0 out of 5 (star star)
Outperform Votes:  160 (Vote Outperform)
Underperform Votes:  245 (Vote Underperform)
Total Votes:  405
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 11/18/2019 by MarketBeat.com Staff

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