NYSE:VEL Velocity Financial (VEL) Stock Price, News & Analysis → Will this $2 AI stock double overnight? (From Behind the Markets) (Ad) Free VEL Stock Alerts $16.87 -0.27 (-1.58%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$16.79▼$17.4750-Day Range$15.66▼$18.4952-Week Range$8.11▼$19.08Volume13,853 shsAverage Volume21,928 shsMarket Capitalization$556.54 millionP/E Ratio11.10Dividend YieldN/APrice Target$15.88 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Velocity Financial alerts: Email Address Velocity Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside5.9% Downside$15.88 Price TargetShort InterestBearish2.61% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth7.69%From $1.69 to $1.82 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.0.83 out of 5 starsFinance Sector798th out of 854 stocksNondepository Credit Institutions Industry39th out of 45 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 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted2.61% 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 30.1, which indicates bearish sentiment.Change versus previous monthShort interest in Velocity Financial has recently increased by 6.38%, indicating that investor sentiment is decreasing significantly. 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 2.3 News and Social Media Coverage News SentimentVelocity Financial has a news sentiment score of 0.18. 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 0.51 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Velocity Financial this week, compared to 2 articles on an average week.Search Interest2 people have searched for VEL on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Velocity Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Velocity Financial are expected to grow by 7.69% in the coming year, from $1.69 to $1.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Velocity Financial is 11.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Velocity Financial is 11.10, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.74.Price to Book Value per Share RatioVelocity Financial has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsWill this $2 AI stock double overnight?It's a tiny AI company fighting for a big piece of a $20 Billion Pentagon contract. What's more, this groundbreaking firm is trading for less than $2 a share!Click here to learn more >>> 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 HeadlinesApril 21, 2024 | msn.comBlake Snell is off to a disastrous start. How did signing so late impact these MLB free agents?April 17, 2024 | finance.yahoo.comVelocity Financial, Inc. Announces Date of First Quarter 2024 Financial Results Webcast and Conference CallApril 25, 2024 | Behind the Markets (Ad)Will this $2 AI stock double overnight?It's a tiny AI company fighting for a big piece of a $20 Billion Pentagon contract. What's more, this groundbreaking firm is trading for less than $2 a share!April 17, 2024 | businesswire.comVelocity Financial, Inc. Announces Date of First Quarter 2024 Financial Results Webcast and Conference CallApril 14, 2024 | msn.comIs it the pitch clock, or is it velocity? MLB pitchers ponder why injuries are so prevalent this season.April 14, 2024 | msn.comSpencer Strider injury: Where Braves could turn internally, in trade with ace out for 2024 seasonApril 14, 2024 | msn.com5 Ways The Concorde Jet Was Way Ahead Of Its TimeApril 14, 2024 | msn.com24-year-old man dead after Worcester shooting, police sayApril 25, 2024 | Behind the Markets (Ad)Will this $2 AI stock double overnight?It's a tiny AI company fighting for a big piece of a $20 Billion Pentagon contract. What's more, this groundbreaking firm is trading for less than $2 a share!April 14, 2024 | msn.comMale victim shot on Vesta Road in Dorchester, officials sayApril 4, 2024 | forbes.comNASA Selects 24 Young Scientists To Receive Prestigious FellowshipApril 4, 2024 | bloomberg.comBritain’s Falling Money Supply Clouds Chance of a Brisk ReboundApril 4, 2024 | forbes.comParkway VC’s Founders Describe How They InvestApril 3, 2024 | finance.yahoo.comMeme Coin Madness: HOBBES Surpasses $100 Million in Just 24 Hours, Hoping to Become First Cat Token to Reach $1April 3, 2024 | msn.comCEO Jay Avigdor of Velocity Capital Group on the Satisfaction of Fueling Small BusinessesApril 3, 2024 | seekingalpha.comVEL Velocity Financial, Inc.April 2, 2024 | msn.comUkrainian forces down Russia's costly "Forpost" drone and challenge Zircon missilesApril 2, 2024 | wsj.comDonald Trump, Come On DownApril 2, 2024 | bizjournals.comMassimo Group goes public in DFW's first IPO of 2024April 1, 2024 | msn.comSo Much Polar Ice Is Melting That It’s Slowing Down the Earth’s RotationApril 1, 2024 | msn.comLeveraging big data for strategic business decisionsMarch 29, 2024 | msn.comMelting polar ice is slowing the Earth's rotation, with possible consequences for timekeepingMarch 29, 2024 | msn.comThe World Is Literally Spinning More Slowly These DaysMarch 28, 2024 | msn.comClimate change and polar ice melting could be impacting the length of Earth's dayMarch 28, 2024 | msn.comEarth's Rotation Is Changing Because of Melting Polar IceMarch 28, 2024 | yahoo.comThis startup believes mobile apps for businesses should work more like consumer appsMarch 28, 2024 | tmcnet.comAI and Finance in 2024: Expert Jay Avigdor On Where We Go From HereSee 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 Earnings3/07/2024Today4/24/2024Next Earnings (Confirmed)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Nondepository credit institutions Sub-IndustryN/A Current SymbolNYSE:VEL CUSIPN/A CIK1692376 Webwww.velfinance.com Phone818-532-3700FaxN/AEmployees253Year FoundedN/APrice Target and Rating Average Stock Price Target$15.88 High Stock Price Target$20.00 Low Stock Price Target$13.00 Potential Upside/Downside-5.9%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.52 Trailing P/E Ratio11.10 Forward P/E Ratio9.98 P/E GrowthN/ANet Income$52.27 million Net Margins48.51% Pretax Margin61.96% Return on Equity12.91% Return on Assets1.31% Debt Debt-to-Equity Ratio8.03 Current Ratio35.90 Quick Ratio35.90 Sales & Book Value Annual Sales$107.75 million Price / Sales5.17 Cash Flow$2.28 per share Price / Cash Flow7.39 Book Value$13.33 per share Price / Book1.27Miscellaneous Outstanding Shares32,990,000Free Float31,573,000Market Cap$556.54 million OptionableOptionable Beta1.04 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.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 CompetitorsQudianNYSE:QDRunway Growth FinanceNASDAQ:RWAYCore ScientificNASDAQ:CORZCrescent Capital BDCNASDAQ:CCAPMDB CapitalNASDAQ:MDBHView All Competitors VEL Stock Analysis - Frequently Asked Questions Should I buy or sell Velocity Financial stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Velocity Financial in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" VEL shares. View VEL analyst ratings or view top-rated stocks. What is Velocity Financial's stock price target for 2024? 4 brokerages have issued 12 month price objectives for Velocity Financial's shares. Their VEL share price targets range from $13.00 to $20.00. On average, they expect the company's share price to reach $15.88 in the next year. This suggests that the stock has a possible downside of 5.9%. View analysts price targets for VEL or view top-rated stocks among Wall Street analysts. How have VEL shares performed in 2024? Velocity Financial's stock was trading at $17.22 at the start of the year. Since then, VEL stock has decreased by 2.0% and is now trading at $16.87. View the best growth stocks for 2024 here. When is Velocity Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our VEL earnings forecast. How can I listen to Velocity Financial's earnings call? Velocity Financial will be holding an earnings conference call on Thursday, May 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "3912582". How were Velocity Financial's earnings last quarter? Velocity Financial, Inc. (NYSE:VEL) announced its earnings results on Thursday, March, 7th. The company reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.10. The company had revenue of $30.72 million for the quarter, compared to analysts' expectations of $28.50 million. Velocity Financial had a trailing twelve-month return on equity of 12.91% and a net margin of 48.51%. During the same quarter last year, the firm posted $0.27 earnings per share. What other stocks do shareholders of Velocity Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other Velocity Financial investors own include Advanced Micro Devices (AMD), OPKO Health (OPK), Boxlight (BOXL), ChromaDex (CDXC), Daré Bioscience (DARE), Genocea Biosciences (GNCA), CarParts.com (PRTS) and Trevena (TRVN). When did Velocity Financial IPO? Velocity Financial (VEL) raised $110 million in an initial public offering 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. 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. This page (NYSE:VEL) was last updated on 4/25/2024 by MarketBeat.com Staff From Our Partnerstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersNew Trump BombshellThe Freeport SocietyI’m afraid WWIII is a very real possibility Porter & CompanyDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingThe Greatest Bull Market in Crypto History…Weiss RatingsBetter than Bitcoin? The Biotech Stock with 46,751% PotentialBehind the MarketsConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial Metals Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Velocity Financial, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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