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

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$23.70 +0.58 (+2.51 %)
(As of 01/21/2019 03:01 AM ET)
Previous Close$23.70
Today's Range$22.98 - $23.77
52-Week Range$20.34 - $33.08
Volume234,309 shs
Average Volume338,128 shs
Market Capitalization$574.18 million
P/E Ratio24.95
Dividend YieldN/A
Beta1.6
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. 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

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$87.13 million
Cash Flow$0.9334 per share
Book Value$20.28 per share

Profitability

Net Income$15.15 million

Miscellaneous

Employees324
Market Cap$574.18 million
OptionableNot Optionable

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 results on Thursday, October, 25th. The financial services provider reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.46 by $0.10. The financial services provider had revenue of $31.69 million for the quarter, compared to the consensus estimate of $30.50 million. Veritex had a return on equity of 6.83% and a net margin of 23.12%. 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 28th 2019. View Earnings Estimates for Veritex.

What price target have analysts set for VBTX?

4 equities research analysts have issued 12 month target prices for Veritex's shares. Their predictions range from $29.00 to $39.00. On average, they expect Veritex's share price to reach $35.00 in the next year. This suggests a possible upside of 47.7% from the stock's current price. View Analyst Price Targets for Veritex.

What is the consensus analysts' recommendation for Veritex?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veritex in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Veritex.

Has Veritex been receiving favorable news coverage?

News headlines about VBTX stock have been trending somewhat negative on Monday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news 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 -1.4 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future.

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 59)
  • Mr. Jeffrey Kesler, Exec. VP & Chief Lending Officer (Age 41)
  • Mr. Terry S. Earley, Exec. VP & CFO (Age 60)
  • Mr. Michael L. Bryan, Exec. VP & Chief Information Officer (Age 62)
  • Ms. LaVonda Renfro, Exec. VP & Chief Admin. Officer (Age 58)

Who are Veritex's major shareholders?

Veritex's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.03%). Company insiders that own Veritex stock include C Malcolm Holland III, John Sughrue, Michael Clayton Riebe, Ned N Fleming III and William C Murphy. View Institutional Ownership Trends for Veritex.

Which major investors are buying Veritex stock?

VBTX stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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 $23.70.

How big of a company is Veritex?

Veritex has a market capitalization of $574.18 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.

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:  2.3 out of 5 (star star)
Outperform Votes:  112 (Vote Outperform)
Underperform Votes:  133 (Vote Underperform)
Total Votes:  245
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 1/21/2019 by MarketBeat.com Staff

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