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NASDAQ:VBTX

Veritex (VBTX) Stock Price, News & Analysis

$20.60
+0.09 (+0.44%)
(As of 05/24/2024 ET)
Today's Range
$20.44
$20.73
50-Day Range
$18.66
$21.69
52-Week Range
$15.93
$24.46
Volume
223,873 shs
Average Volume
417,756 shs
Market Capitalization
$1.12 billion
P/E Ratio
11.98
Dividend Yield
3.88%
Price Target
$24.38

Veritex MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
18.3% Upside
$24.38 Price Target
Short Interest
Healthy
2.73% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.72
Upright™ Environmental Score
News Sentiment
0.90mentions of Veritex in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.26%
From $2.16 to $2.36 Per Share

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.

4.60 out of 5 stars

Finance Sector

153rd out of 861 stocks

State Commercial Banks Industry

29th out of 176 stocks

VBTX stock logo

About Veritex Stock (NASDAQ:VBTX)

Veritex Holdings, Inc. operates as the bank holding company for Veritex Community Bank that provides various commercial banking products and services to small and medium-sized businesses, and professionals. The company accepts deposit products include demand, savings, money market, and time accounts. Its loan products include commercial real estate and general commercial, mortgage warehouse loans, residential real estate, construction and land, farmland, paycheck protection program, 1-4 family residential, agricultural, multi-family residential, and consumer loans, as well as purchased receivables financing. The company also provides interest rate swap services; and 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 mobile banking, 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 and services consisting of lockbox, remote deposit capture, positive pay, reverse positive pay, account reconciliation services, zero balance accounts, and sweep accounts. The company operates full-service branches located in the Dallas-Fort Worth metroplex, and the Houston metropolitan area. Veritex Holdings, Inc. was incorporated in 2009 and is headquartered in Dallas, Texas.

VBTX Stock Price History

VBTX Stock News Headlines

StockNews.com Downgrades Veritex (NASDAQ:VBTX) to Sell
Veritex (VBTX) Gets a Buy from KBW
Veritex Holdings: Q1 Earnings Snapshot
Veritex declares $0.20 dividend
Here's what Wall Street expects from Veritex's earnings
Expert Outlook: Veritex Holdings Through The Eyes Of 4 Analysts
VBTX Jul 2024 30.000 call
VBTX Apr 2024 22.500 call
Veritex Holdings: Radical Change Is Underway
Veritex Holdings: Q4 Earnings Insights
See More Headlines
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Company Calendar

Last Earnings
4/23/2024
Ex-Dividend for 5/24 Dividend
5/09/2024
Dividend Payable
5/24/2024
Today
5/25/2024
Next Earnings (Estimated)
7/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:VBTX
Fax
N/A
Employees
820
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$24.38
High Stock Price Target
$27.00
Low Stock Price Target
$20.50
Potential Upside/Downside
+18.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$108.26 million
Pretax Margin
16.74%

Debt

Sales & Book Value

Annual Sales
$745.98 million
Cash Flow
$3.01 per share
Book Value
$28.22 per share

Miscellaneous

Free Float
52,017,000
Market Cap
$1.12 billion
Optionable
Optionable
Beta
1.33
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Key Executives

  • Mr. Charles Malcolm Holland IIIMr. Charles Malcolm Holland III (Age 64)
    Chairman & CEO
    Comp: $1.61M
  • Mr. Terry S. Earley (Age 65)
    Senior EVP & CFO
    Comp: $910.4k
  • Ms. LaVonda Renfro (Age 63)
    Senior EVP & COO
    Comp: $565.45k
  • Ms. Angela Harper (Age 55)
    Senior EVP & Chief Risk Officer
    Comp: $524.73k
  • Ms. Susan Caudle
    Executive Assistant & Shareholder Relations
  • Mr. Philip A. Donnelly (Age 61)
    Senior EVP & General Counsel
  • Ms. Cara McDaniel (Age 58)
    Senior EVP & Chief Talent Officer
  • Mr. Curtis L. Anderson
    Interim Chief Credit Officer

VBTX Stock Analysis - Frequently Asked Questions

Should I buy or sell Veritex stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Veritex in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" VBTX shares.
View VBTX analyst ratings
or view top-rated stocks.

What is Veritex's stock price target for 2024?

4 equities research analysts have issued 1-year price targets for Veritex's shares. Their VBTX share price targets range from $20.50 to $27.00. On average, they expect the company's stock price to reach $24.38 in the next year. This suggests a possible upside of 18.3% from the stock's current price.
View analysts price targets for VBTX
or view top-rated stocks among Wall Street analysts.

How have VBTX shares performed in 2024?

Veritex's stock was trading at $23.27 at the beginning of 2024. Since then, VBTX stock has decreased by 11.5% and is now trading at $20.60.
View the best growth stocks for 2024 here
.

When is Veritex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our VBTX earnings forecast
.

How were Veritex's earnings last quarter?

Veritex Holdings, Inc. (NASDAQ:VBTX) released its earnings results on Tuesday, April, 23rd. The financial services provider reported $0.53 earnings per share for the quarter, missing analysts' consensus estimates of $0.59 by $0.06. The financial services provider had revenue of $191.25 million for the quarter, compared to the consensus estimate of $109.70 million. Veritex had a net margin of 12.47% and a trailing twelve-month return on equity of 8.46%. During the same quarter in the prior year, the company earned $0.79 earnings per share.

How often does Veritex pay dividends? What is the dividend yield for Veritex?

Veritex declared a quarterly dividend on Tuesday, April 23rd. Shareholders of record on Friday, May 10th will be given a dividend of $0.20 per share on Friday, May 24th. This represents a $0.80 annualized dividend and a yield of 3.88%. The ex-dividend date of this dividend is Thursday, May 9th.
Read our dividend analysis for VBTX
.

Is Veritex a good dividend stock?

Veritex (NASDAQ:VBTX) pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.90%. The dividend payout ratio is 46.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VBTX will have a dividend payout ratio of 33.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VBTX.

What other stocks do shareholders of Veritex own?
Who are Veritex's major shareholders?

Veritex's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.96%), Westwood Holdings Group Inc. (3.06%), LSV Asset Management (2.58%), Assenagon Asset Management S.A. (1.04%), Kennedy Capital Management LLC (0.82%) and Stieven Capital Advisors L.P. (0.73%). Insiders that own company stock include Arcilia Acosta, C Malcolm Holland III, Cara Mcdaniel, Fallon William, Gordon Huddleston, Gregory B Morrison, Jim Recer, John Sughrue, Manuel J Mehos, Michael Clayton Riebe, Pat S Bolin and Terry Earley.
View institutional ownership trends
.

How do I buy shares of Veritex?

Shares of VBTX 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 (NASDAQ:VBTX) was last updated on 5/25/2024 by MarketBeat.com Staff

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