Veritex (VBTX) News Today

Veritex (NASDAQ:VBTX) Hits New 1-Year High After Analyst Upgrade

Veritex Holdings, Inc. (NASDAQ:VBTX) declared a quarterly dividend on Tuesday, July 23rd. Investors of record on Friday, August 9th will be paid a dividend of 0.20 per share by the financial services provider on Friday, August 23rd. This represents a $0.80 dividend on an annualized basis and a yield of 3.34%. The ex-dividend date of this dividend is Friday, August 9th.

Veritex (NASDAQ:VBTX - Get Free Report) announced its quarterly earnings data on Tuesday. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.01). The firm had revenue of $106.81 million during the quarter, compared to the consensus estimate of $108.39 million. Veritex had a return on equity of 8.46% and a net margin of 12.47%. The firm's revenue for the quarter was down 6.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.64 EPS.

Veritex (NASDAQ:VBTX) Sets New 52-Week High at $24.81

Veritex (NASDAQ:VBTX) will be releasing earnings after the market closes on Tuesday, July 23, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=607174)

Quantbot Technologies LP grew its stake in Veritex Holdings, Inc. (NASDAQ:VBTX - Free Report) by 1,599.8% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 39,232 shares of the financial services provider's stock after buying an additional 36,924 shares during the

LSV Asset Management decreased its stake in shares of Veritex Holdings, Inc. (NASDAQ:VBTX - Free Report) by 6.5% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,407,709 shares of the financial services provider's sto

Vanguard Group Inc. boosted its holdings in Veritex Holdings, Inc. (NASDAQ:VBTX - Free Report) by 1.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,772,114 shares of the financial services provider's stock after acquiri

Wellington Management Group LLP boosted its holdings in shares of Veritex Holdings, Inc. (NASDAQ:VBTX - Free Report) by 10.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 547,221 shares of the financial services provider's st

First Trust Advisors LP grew its position in shares of Veritex Holdings, Inc. (NASDAQ:VBTX - Free Report) by 23.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,303,041 shares of the financial services provider's

Westwood Holdings Group Inc. trimmed its holdings in shares of Veritex Holdings, Inc. (NASDAQ:VBTX - Free Report) by 10.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,433,589 shares of the financial se

Campbell & CO Investment Adviser LLC acquired a new position in shares of Veritex Holdings, Inc. (NASDAQ:VBTX - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 51,637 shares o

Hsbc Holdings PLC lifted its position in shares of Veritex Holdings, Inc. (NASDAQ:VBTX - Free Report) by 767.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 277,041 shares of the financial services provider's stock aft

Veritex Holdings, Inc. (NASDAQ:VBTX - Get Free Report) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 1,200,000 shares, a drop of 19.5% from the April 30th total of 1,490,000 shares. Based on an average daily trading volume, of 427,700 shares, the days-to-cover ratio is currently 2.8 days.

Dimensional Fund Advisors LP grew its position in Veritex Holdings, Inc. (NASDAQ:VBTX - Free Report) by 19.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,853,774 shares of the financial services prov

StockNews.com upgraded shares of Veritex from a "sell" rating to a "hold" rating in a research report on Wednesday.

Charles Schwab Investment Management Inc. grew its stake in shares of Veritex Holdings, Inc. (NASDAQ:VBTX - Free Report) by 12.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 647,486 shares of the financial services provider's stock

1492 Capital Management LLC boosted its stake in Veritex Holdings, Inc. (NASDAQ:VBTX - Free Report) by 152.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 208,264 shares of the financial services prov

StockNews.com downgraded shares of Veritex from a "hold" rating to a "sell" rating in a research note on Tuesday.

Tieton Capital Management LLC boosted its holdings in Veritex Holdings, Inc. (NASDAQ:VBTX - Free Report) by 37.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 270,558 shares of the f

Lmcg Investments LLC decreased its position in shares of Veritex Holdings, Inc. (NASDAQ:VBTX - Free Report) by 43.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 85,159 shares of the

Veritex Holdings, Inc. (NASDAQ:VBTX - Get Free Report) was the target of a large increase in short interest in April. As of April 30th, there was short interest totalling 1,490,000 shares, an increase of 23.1% from the April 15th total of 1,210,000 shares. Based on an average daily trading volume, of 454,600 shares, the short-interest ratio is presently 3.3 days.

LSV Asset Management trimmed its holdings in shares of Veritex Holdings, Inc. (NASDAQ:VBTX - Free Report) by 5.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,504,809 shares of the financial services pro

Solutions 4 Wealth Ltd acquired a new position in shares of Veritex Holdings, Inc. (NASDAQ:VBTX - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 56,221 shares of the financial services p

Veritex Holdings, Inc. (NASDAQ:VBTX - Free Report) - Investment analysts at DA Davidson issued their Q2 2024 EPS estimates for Veritex in a research report issued on Thursday, April 25th. DA Davidson analyst G. Tenner forecasts that the financial services provider will post earnings of $0.51 per

Veritex Holdings, Inc. (NASDAQ:VBTX) declared a quarterly dividend on Tuesday, April 23rd. Stockholders of record on Friday, May 10th will be given a dividend of 0.20 per share by the financial services provider on Friday, May 24th. This represents a $0.80 annualized dividend and a dividend yield of 3.85%. The ex-dividend date of this dividend is Thursday, May 9th.

Piper Sandler upped their target price on shares of Veritex from $25.00 to $26.00 and gave the company an "overweight" rating in a research note on Thursday.

Stephens reissued an "equal weight" rating and issued a $24.00 price target on shares of Veritex in a research note on Wednesday.

Veritex (NASDAQ:VBTX) Shares Gap Down on Disappointing Earnings

Veritex (NASDAQ:VBTX - Get Free Report) posted its quarterly earnings data on Tuesday. The financial services provider reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.06). Veritex had a return on equity of 9.47% and a net margin of 14.51%. The firm had revenue of $191.25 million for the quarter, compared to analyst estimates of $109.70 million. During the same period in the prior year, the company earned $0.79 earnings per share.