NASDAQ:VBTX

Veritex Stock Forecast, Price & News

$36.99
+0.51 (+1.40 %)
(As of 06/23/2021 01:53 PM ET)
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Today's Range
$36.40
$37.06
50-Day Range
$32.80
$37.39
52-Week Range
$15.19
$37.66
Volume3,801 shs
Average Volume276,825 shs
Market Capitalization$1.83 billion
P/E Ratio18.13
Dividend Yield1.86%
Beta1.76
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Veritex logo

About Veritex

Veritex Holdings, Inc. operates as the bank holding company for Veritex Community Bank that provides various commercial banking products and services to small and medium-sized businesses, and professionals. The company accepts deposit products include demand, savings, money market, and time accounts. Its loan products include commercial, mortgage warehouse, commercial real estate, construction and land, 1-4 family residential, paycheck protection program, farmland and agricultural, multi-family residential, and consumer loans; and purchased receivables financing. 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 mobile banking, 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 and services consisting of lockbox, remote deposit capture, positive pay, reverse positive pay, account reconciliation services, zero balance accounts, and sweep accounts. As of December 31, 2020, the company operated 25 full-service branches and one mortgage office located in the Dallas-Fort Worth metroplex; 12 full-service branches in the Houston metropolitan area; and one branch in Louisville, Kentucky. Veritex Holdings, Inc. was founded in 2009 and is headquartered in Dallas, Texas.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.94 out of 5 stars

Finance Sector

255th out of 1,980 stocks

State Commercial Banks Industry

39th out of 312 stocks

Analyst Opinion: 1.8Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Veritex (NASDAQ:VBTX) Frequently Asked Questions

Is Veritex a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Veritex in the last twelve months. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "strong buy" Veritex stock.
View analyst ratings for Veritex
or view top-rated stocks.

What stocks does MarketBeat like better than Veritex?

Wall Street analysts have given Veritex a "Strong Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Veritex wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Veritex's next earnings date?

Veritex is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for Veritex
.

How were Veritex's earnings last quarter?

Veritex Holdings, Inc. (NASDAQ:VBTX) released its earnings results on Tuesday, April, 27th. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.52 by $0.12. The financial services provider had revenue of $80.38 million for the quarter, compared to analyst estimates of $74.55 million. Veritex had a trailing twelve-month return on equity of 8.86% and a net margin of 27.84%.
View Veritex's earnings history
.

How has Veritex's stock price been impacted by Coronavirus?

Veritex's stock was trading at $17.31 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, VBTX shares have increased by 114.1% and is now trading at $37.06.
View which stocks have been most impacted by COVID-19
.

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

Veritex announced a quarterly dividend on Tuesday, April 27th. Stockholders of record on Thursday, May 6th will be paid a dividend of $0.17 per share on Thursday, May 20th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date of this dividend is Wednesday, May 5th.
View Veritex's dividend history
.

Is Veritex a good dividend stock?

Veritex pays an annual dividend of $0.68 per share and currently has a dividend yield of 1.86%. Veritex does not yet have a strong track record of dividend growth. The dividend payout ratio of Veritex is 43.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Veritex will have a dividend payout ratio of 26.15% next year. This indicates that Veritex will be able to sustain or increase its dividend.
View Veritex's dividend history.

What price target have analysts set for VBTX?

2 analysts have issued 12-month price objectives for Veritex's shares. Their forecasts range from $23.00 to $42.00. On average, they anticipate Veritex's stock price to reach $32.50 in the next twelve months. This suggests that the stock has a possible downside of 12.3%.
View analysts' price targets for Veritex
or view top-rated stocks among Wall Street analysts.

Who are Veritex's key executives?

Veritex's management team includes the following people:
  • Mr. Charles Malcolm Holland III, Chairman, Pres & CEO (Age 61, Pay $1.16M)
  • Mr. Terry S. Earley, Sr. Exec. VP & CFO (Age 62, Pay $675.02k)
  • Mr. Jeffrey Kesler, Sr. Exec. VP (Age 43, Pay $638.41k)
  • Mr. Michael Clayton Riebe, Sr. Exec. VP (Age 60, Pay $551.43k)
  • Mr. Jonathan S Heine, Sr. Exec. VP (Age 41, Pay $584.66k)
  • Ms. Susan Caudle, Exec. Assistant & Shareholder Relations
  • Ms. LaVonda Renfro, Sr. Exec. VP (Age 60)
  • Ms. Angela Harper, Sr. Exec. VP (Age 52)
  • Mr. Michael L. Bryan, Sr. Exec. VP (Age 64)
  • Mr. James D. Recer, Sr. Exec. VP (Age 61)

Who are some of Veritex's key competitors?

What other stocks do shareholders of Veritex own?

What is Veritex's stock symbol?

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

Who are Veritex's major shareholders?

Veritex's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.79%), Brown Advisory Inc. (3.40%), Westwood Holdings Group Inc. (2.51%), Investment Counselors of Maryland LLC (2.48%), Schroder Investment Management Group (2.10%) and Aristotle Capital Boston LLC (1.85%). Company insiders that own Veritex stock include Angela Harper, Arcilia Acosta, Blake Bozman, C Malcolm Holland III, Cara Mcdaniel, Gregory B Morrison, Jeff Kesler, Jim Recer, John Sughrue, Lavonda Renfro, Manuel J Mehos, Ned N Fleming III, Pat S Bolin, Steven D Lerner, Terry Earley and William Don Ellis.
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 LSV Asset Management, Endeavour Capital Advisors Inc., Kennedy Capital Management Inc., Stieven Capital Advisors L.P., Victory Capital Management Inc., Northern Trust Corp, Wedge Capital Management L L P NC, and BlackRock Inc.. Company insiders that have sold Veritex company stock in the last year include Angela Harper, C Malcolm Holland III, Jeff Kesler, Lavonda Renfro, Manuel J Mehos, and William Don Ellis.
View insider buying and selling activity for Veritex
or view top insider-selling stocks.

Which institutional investors are buying Veritex stock?

VBTX stock was purchased by a variety of institutional investors in the last quarter, including Westwood Holdings Group Inc., Schroder Investment Management Group, Royal Bank of Canada, Public Employees Retirement System of Ohio, Millennium Management LLC, Russell Investments Group Ltd., Panagora Asset Management Inc., and Geode Capital Management LLC. Company insiders that have bought Veritex stock in the last two years include Arcilia Acosta, Cara Mcdaniel, Gregory B Morrison, Jim Recer, John Sughrue, Ned N Fleming III, Pat S Bolin, and Terry Earley.
View insider buying and selling activity for Veritex
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Veritex's stock price today?

One share of VBTX stock can currently be purchased for approximately $37.06.

How much money does Veritex make?

Veritex has a market capitalization of $1.83 billion and generates $369.19 million in revenue each year. The financial services provider earns $73.88 million in net income (profit) each year or $1.56 on an earnings per share basis.

How many employees does Veritex have?

Veritex employs 636 workers across the globe.

What is Veritex's official website?

The official website for Veritex is www.veritexbank.com.

Where are Veritex's headquarters?

Veritex is headquartered at 8214 WESTCHESTER DRIVE SUITE 800, DALLAS TX, 75225.

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]


This page was last updated on 6/23/2021 by MarketBeat.com Staff
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