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

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$22.69 -0.52 (-2.24 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$22.69
Today's Range$22.63 - $23.39
52-Week Range$20.99 - $33.08
Volume105,743 shs
Average Volume220,651 shs
Market Capitalization$562.31 million
P/E Ratio23.88
Dividend YieldN/A
Beta1.55
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

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:VBTX
Previous Symbol
CUSIPN/A
Phone972-349-6200

Debt

Debt-to-Equity Ratio0.17
Current Ratio1.01
Quick Ratio1.01

Price-To-Earnings

Trailing P/E Ratio23.88
Forward P/E Ratio13.75
P/E Growth2.01

Sales & Book Value

Annual Sales$87.13 million
Price / Sales6.31
Cash Flow$0.9123 per share
Price / Cash Flow24.87
Book Value$20.28 per share
Price / Book1.12

Profitability

EPS (Most Recent Fiscal Year)$0.95
Net Income$15.15 million
Net Margins23.12%
Return on Equity6.83%
Return on Assets1.11%

Miscellaneous

Employees324
Outstanding Shares24,230,000
Market Cap$562.31 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) released its quarterly earnings results on Thursday, October, 25th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by $0.10. The financial services provider had revenue of $31.69 million for the quarter, compared to analyst estimates of $30.50 million. Veritex had a net margin of 23.12% and a return on equity of 6.83%. View Veritex's Earnings History.

When is Veritex's next earnings date?

Veritex is scheduled to release their next quarterly earnings announcement on Monday, February 4th 2019. View Earnings Estimates for Veritex.

What price target have analysts set for VBTX?

5 brokerages have issued 1-year target prices for Veritex's stock. Their predictions range from $29.00 to $39.00. On average, they expect Veritex's stock price to reach $34.50 in the next year. This suggests a possible upside of 52.0% from the stock's current price. View Analyst Price Targets for Veritex.

What is the consensus analysts' recommendation for Veritex?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veritex in the last year. There are currently 5 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 positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Veritex earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.

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 58)
  • Mr. Jeffrey Kesler, Exec. VP & Chief Lending Officer (Age 40)
  • Ms. Noreen E. Skelly, Exec. VP & CFO (Age 53)
  • Mr. Michael L. Bryan, Exec. VP & Chief Information Officer (Age 61)
  • Ms. LaVonda Renfro, Exec. VP & Chief Admin. Officer (Age 57)

Who are Veritex's major shareholders?

Veritex's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.05%), Vanguard Group Inc. (3.96%), Vanguard Group Inc (3.96%), Dimensional Fund Advisors LP (3.90%), Banc Funds Co. LLC (2.34%) and PNC Financial Services Group Inc. (1.94%). 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 institutional investors are selling Veritex stock?

VBTX stock was sold by a variety of institutional investors in the last quarter, including Elizabeth Park Capital Advisors Ltd., Stieven Capital Advisors L.P., Lisanti Capital Growth LLC, Banc Funds Co. LLC, Hodges Capital Management Inc., PNC Financial Services Group Inc., JPMorgan Chase & Co. and Monarch Partners Asset Management LLC. Company insiders that have sold Veritex company stock in the last year include C Malcolm Holland III and William C Murphy. View Insider Buying and Selling for Veritex.

Which institutional investors are buying Veritex stock?

VBTX stock was purchased by a variety of institutional investors in the last quarter, including Marshall Wace LLP, BlackRock Inc., Dimensional Fund Advisors LP, Citadel Advisors LLC, Northpointe Capital LLC, Systematic Financial Management LP, First Trust Advisors LP and Royce & Associates LP. 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 $22.69.

How big of a company is Veritex?

Veritex has a market capitalization of $562.31 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:  108 (Vote Outperform)
Underperform Votes:  125 (Vote Underperform)
Total Votes:  233
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 12/15/2018 by MarketBeat.com Staff

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