NYSE:VEL Velocity Financial (VEL) Stock Price, News & Analysis $19.07 -0.08 (-0.42%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$19.03▼$19.3650-Day Range$17.50▼$19.3252-Week Range$10.57▼$20.37Volume19,144 shsAverage Volume20,051 shsMarket Capitalization$629.12 millionP/E Ratio11.22Dividend YieldN/APrice Target$17.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Velocity Financial alerts: Email Address Velocity Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside6.9% Downside$17.75 Price TargetShort InterestBearish3.33% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.16Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth1.64%From $1.83 to $1.86 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.72 out of 5 starsFinance Sector842nd out of 898 stocksNondepository Credit Institutions Industry47th out of 53 stocks 1.4 Analyst's Opinion Consensus RatingVelocity Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageVelocity Financial has only been the subject of 2 research reports in the past 90 days.Read more about Velocity Financial's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.33% of the float of Velocity Financial has been sold short.Short Interest Ratio / Days to CoverVelocity Financial has a short interest ratio ("days to cover") of 28.8, which indicates bearish sentiment.Change versus previous monthShort interest in Velocity Financial has recently decreased by 1.55%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldVelocity Financial does not currently pay a dividend.Dividend GrowthVelocity Financial does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for VEL. Previous Next 1.6 News and Social Media Coverage News SentimentVelocity Financial has a news sentiment score of -0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Velocity Financial this week, compared to 2 articles on an average week.MarketBeat Follows2 people have added Velocity Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Velocity Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.00% of the stock of Velocity Financial is held by insiders.Percentage Held by Institutions97.49% of the stock of Velocity Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Velocity Financial's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Velocity Financial are expected to grow by 1.64% in the coming year, from $1.83 to $1.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Velocity Financial is 11.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Velocity Financial is 11.22, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.14.Price to Book Value per Share RatioVelocity Financial has a P/B Ratio of 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Velocity Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Velocity Financial Stock (NYSE:VEL)Velocity Financial, Inc. operates as a real estate finance company in the United States. It originates, securitizes, and manages a portfolio of loans, which are secured by first mortgage liens on income-producing and/or owner/user commercial properties, including investor 1-4, a non-owner occupied residential rental properties with 1-4 units; residential apartments combined with office or retail space; and multi-family comprising traditional apartment buildings, condominiums, and other residential properties with 5+ units. The company also finances for retail properties with various types of retail products and merchandise or services; commercial properties occupied by professional or business offices; and warehouse and other properties, which include self-storage units, auto services, hospitality, light industrial, and other commercial enterprises, as well as provides short-term and interest-only loans for acquisition and improvement of 1-4-unit residential properties. It offers its products through a network of independent mortgage brokers for independent real estate investors and small business owners. The company was founded in 2004 and is headquartered in Westlake Village, California.Read More VEL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VEL Stock News HeadlinesJuly 23 at 6:59 AM | msn.comEncourage states to lower stamp duty, including property purchases by women: Finance MinisterJuly 23 at 1:54 AM | msn.com6 Ways High Interest Rates Cost Poor People the MostJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 21, 2024 | msn.comStrategic cash flow management: How to unlock the hidden value of your enterpriseJuly 21, 2024 | msn.com‘Don’t Be Scared of Heights’: J.P. Morgan Suggests 2 Stocks to BuyJuly 20, 2024 | msn.comAR rifle used in Trump shooting from company with winding history, campaign visitJuly 20, 2024 | msn.com10 Twins trade fits 10 days out from the deadlineJuly 19, 2024 | finance.yahoo.comVelocity Financial, Inc. Announces Date of Second Quarter 2024 Financial Results Webcast and Conference CallJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.June 24, 2024 | seekingalpha.comVelocity Financial: A Steady Growth Company With Modest ValuationJune 11, 2024 | businesswire.comVelocity Commercial Capital Securitization Ratings Affirmed and Upgraded by Kroll Bond Rating AgencyMay 29, 2024 | finance.yahoo.comSony Electronics to Showcase a Full Complement of Innovative Professional AV Solutions at InfoComm 2024May 27, 2024 | msn.comYankees’ veteran first baseman hitting a brutal cold stretchMay 27, 2024 | msn.com'Insane where this kid has come from': Tarik Skubal's journey to become Detroit Tigers aceMay 27, 2024 | msn.comThe Dirt: What’s been missing from the Texas Rangers’ offense? A No. 3 hitterMay 15, 2024 | morningstar.comVelocity Financial Inc Ordinary SharesMay 11, 2024 | finance.yahoo.comIt's Unlikely That Velocity Financial, Inc.'s (NYSE:VEL) CEO Will See A Huge Pay Rise This YearMay 4, 2024 | finance.yahoo.comVelocity Financial, Inc. (NYSE:VEL) Q1 2024 Earnings Call TranscriptSee More Headlines Receive VEL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Velocity Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/02/2024Today7/26/2024Next Earnings (Confirmed)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Nondepository credit institutions Sub-IndustryBanking Current SymbolNYSE:VEL CUSIPN/A CIK1692376 Webwww.velfinance.com Phone818-532-3700FaxN/AEmployees220Year FoundedN/APrice Target and Rating Average Stock Price Target$17.75 High Stock Price Target$22.00 Low Stock Price Target$13.00 Potential Upside/Downside-6.9%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.70 Trailing P/E Ratio11.22 Forward P/E Ratio10.42 P/E GrowthN/ANet Income$52.27 million Net Margins52.16% Pretax Margin70.53% Return on Equity14.02% Return on Assets1.41% Debt Debt-to-Equity Ratio8.08 Current Ratio37.11 Quick Ratio37.11 Sales & Book Value Annual Sales$107.75 million Price / Sales5.84 Cash Flow$2.27 per share Price / Cash Flow8.40 Book Value$13.33 per share Price / Book1.43Miscellaneous Outstanding Shares32,990,000Free Float31,667,000Market Cap$629.12 million OptionableOptionable Beta1.04 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Christopher D. Farrar (Age 57)Co-Founder, CEO, President & Director Comp: $2.48MMr. Mark R. Szczepaniak (Age 66)Chief Financial Officer Comp: $1.17MMr. Jeffrey T. Taylor (Age 55)Executive Vice President of Capital Markets Comp: $929.19kMr. Joseph A. Cowell (Age 43)Chief Operating Officer Comp: $420.6kMs. Fiona Tam (Age 53)Chief Accounting Officer Mr. Christopher J. Oltmann (Age 58)Corporate Treasurer & Director of Investor Relations Mr. Roland Thomas Kelly (Age 53)Chief Legal Officer, General Counsel & Corporate Secretary More ExecutivesKey CompetitorsFB FinancialNYSE:FBKMerchants BancorpNASDAQ:MBINEnova InternationalNYSE:ENVABank of N.T. Butterfield & SonNYSE:NTBBanco Itau Chile SponNASDAQ:ITCLYView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpBought 2,283 shares on 7/26/2024Ownership: 0.078%Torno Capital LLCBought 5,000 shares on 5/15/2024Ownership: 0.015%Vanguard Group Inc.Bought 3,906 shares on 5/10/2024Ownership: 1.283%Empowered Funds LLCBought 9,242 shares on 5/7/2024Ownership: 0.371%View All Institutional Transactions VEL Stock Analysis - Frequently Asked Questions How have VEL shares performed this year? Velocity Financial's stock was trading at $17.22 at the beginning of 2024. Since then, VEL stock has increased by 10.7% and is now trading at $19.07. View the best growth stocks for 2024 here. How were Velocity Financial's earnings last quarter? Velocity Financial, Inc. (NYSE:VEL) issued its earnings results on Thursday, May, 2nd. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.11. The company earned $29.47 million during the quarter, compared to the consensus estimate of $31.90 million. Velocity Financial had a trailing twelve-month return on equity of 14.02% and a net margin of 52.16%. When did Velocity Financial IPO? Velocity Financial (VEL) raised $110 million in an IPO on Friday, January 17th 2020. The company issued 7,300,000 shares at $14.00-$16.00 per share. Wells Fargo Securities, Citigroup and JMP Securities served as the underwriters for the IPO and Raymond James was co-manager. Who are Velocity Financial's major shareholders? Top institutional shareholders of Velocity Financial include Bank of New York Mellon Corp (0.08%). View institutional ownership trends. How do I buy shares of Velocity Financial? Shares of VEL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Velocity Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that Velocity Financial investors own include Advanced Micro Devices (AMD), OPKO Health (OPK), Boxlight (BOXL), ChromaDex (CDXC), Daré Bioscience (DARE) and This page (NYSE:VEL) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. 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