Veritex - VBTX Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Veritex in the last twelve months. There are currently 2 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.

3 equities research analysts have issued 12 month price objectives for Veritex's shares. Their VBTX share price forecasts range from $31.00 to $39.00. On average, they predict the company's stock price to reach $35.00 in the next year. This suggests a possible upside of 85.2% 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 32.7% and is now trading at $18.90.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our VBTX earnings forecast.

Veritex Holdings, Inc. (NASDAQ:VBTX) released its quarterly earnings data on Tuesday, January, 24th. The financial services provider reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.87 by $0.13. The financial services provider had revenue of $120.40 million for the quarter, compared to the consensus estimate of $121.22 million. Veritex had a net margin of 29.13% and a trailing twelve-month return on equity of 10.31%. The business's revenue for the quarter was up 29.6% on a year-over-year basis. During the same period last year, the business earned $0.84 EPS.

Veritex announced a quarterly dividend on Tuesday, January 24th. Stockholders of record on Friday, February 10th will be given a dividend of $0.20 per share on Friday, February 24th. This represents a $0.80 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date is Thursday, February 9th.
Read our dividend analysis for VBTX.

ETFs with the largest weight of Veritex (NASDAQ:VBTX) stock in their portfolio include Nuveen Small Cap Select ETF (NSCS), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Financials ETF (PSCF), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), First Trust Small Cap Value AlphaDEX Fund (FYT) and First Trust NASDAQ BuyWrite Income ETF (FTQI).

Veritex (NASDAQ:VBTX) pays an annual dividend of $0.80 per share and currently has a dividend yield of 4.14%. VBTX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 29.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VBTX will have a dividend payout ratio of 24.32% 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 T. Rowe Price Investment Management Inc. (6.59%), American Century Companies Inc. (4.20%), Dimensional Fund Advisors LP (3.05%), JPMorgan Chase & Co. (3.02%), GW&K Investment Management LLC (2.09%) and Geode Capital Management LLC (1.93%). 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, Ned N Fleming III, Pat S Bolin, Steven D Lerner, Terry Earley and William Don Ellis.
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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 $18.90.

Veritex (NASDAQ:VBTX) has a market capitalization of $1.02 billion and generates $502.23 million in revenue each year. The financial services provider earns $146.32 million in net income (profit) each year or $2.71 on an earnings per share basis.

The company employs 690 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.