Velocity Financial, Inc. NYSE:VEL

Founder-led company

Velocity Financial stock price today

$19
-0.69
-3.55%
Financial Health
0
1
2
3
4
5
6
7
8
9

Velocity Financial stock price monthly change

+4.01%
month

Velocity Financial stock price quarterly change

+4.01%
quarter

Velocity Financial stock price yearly change

+18.82%
year

Velocity Financial key metrics

Market Cap
662.29M
Enterprise value
N/A
P/E
9.53
EV/Sales
N/A
EV/EBITDA
N/A
Price/Sales
4.42
Price/Book
0.75
PEG ratio
-0.31
EPS
1.79
Revenue
267.20M
EBITDA
202.38M
Income
58.87M
Revenue Q/Q
198.05%
Revenue Y/Y
139.41%
Profit margin
49.82%
Oper. margin
0%
Gross margin
40.31%
EBIT margin
0%
EBITDA margin
75.74%
Sign up &
create your own Smart Feed

Personalize your watchlist with companies you want to keep track of and get notified in the smart feed every time fresh news arrives.

Sign up for free

Velocity Financial stock price history

Velocity Financial stock forecast

Velocity Financial financial statements

Average Price Target
Last Year

$23

Potential upside: 21.05%

Based on estimate of 1 analysts
  • Analysts Price target

  • Financials & Ratios estimates

Velocity Financial, Inc. (NYSE:VEL): Profit margin
Jun 2023 35.07M 12.18M 34.73%
Sep 2023 39.82M 12.08M 30.35%
Dec 2023 93.69M 17.35M 18.52%
Mar 2024 98.60M 17.25M 17.49%
Velocity Financial, Inc. (NYSE:VEL): Debt to assets
Jun 2023 3951145000 3.54B 89.74%
Sep 2023 4117308000 3.69B 89.8%
Dec 2023 4408955000 3.97B 90.09%
Mar 2024 4628218000 4.17B 90.14%
Velocity Financial, Inc. (NYSE:VEL): Cash Flow
Jun 2023 44.35M -141.03M 91.41M
Sep 2023 -9.75M -148.18M 154.25M
Dec 2023 20.1M -217.88M 212.61M
Mar 2024 10.58M -212.44M 198.98M

Velocity Financial alternative data

Velocity Financial, Inc. (NYSE:VEL): Employee count
Aug 2023 194
Sep 2023 194
Oct 2023 194
Nov 2023 194
Dec 2023 194
Jan 2024 194
Feb 2024 194
Mar 2024 253
Apr 2024 253
May 2024 253
Jun 2024 253
Jul 2024 253

Velocity Financial other data

84.74% -7.76%
of VEL is owned by hedge funds
28.92M -2.71M
shares is hold by hedge funds

Velocity Financial, Inc. (NYSE:VEL): Insider trades (number of shares)
Period Buy Sel
Mar 2023 3000 0
Transaction Date Insider Security Shares Price per share Total value Source
Purchase
PITSTICK JOHN director
Common Stock 3,000 $8.27 $24,810
Purchase
PITSTICK JOHN director
Common Stock 5,000 N/A N/A
Purchase
TAYLOR JEFFREY T. officer: Executive VP, Capital ..
Common Stock 1,200 N/A N/A
Purchase
FARRAR CHRISTOPHER D. director, officer.. Common Stock 5,000 N/A N/A
Purchase
PITSTICK JOHN director
Velocity Financial, Inc. common stock 20,000 N/A N/A
Purchase
SZCZEPANIAK MARK R officer: Chief Fi.. Common Stock 6,400 N/A N/A
Purchase
OLTMANN CHRISTOPHER J officer: Chief Accounting Officer
Common Stock 1,000 N/A N/A
Purchase
COWELL JOSEPH A officer: See below
Common Stock 1,500 N/A N/A
Purchase
COMLEY GRAHAM M officer: See Remarks
Common Stock 4,000 N/A N/A
Purchase
TAYLOR JEFFREY T. officer: Executive VP, Capital ..
Common Stock 1,200 N/A N/A
Monday, 11 November 2024
https://thefly.com
Saturday, 9 November 2024
seekingalpha.com
Thursday, 7 November 2024
zacks.com
Tuesday, 22 October 2024
businesswire.com
Friday, 27 September 2024
zacks.com
Thursday, 26 September 2024
seekingalpha.com
zacks.com
Friday, 20 September 2024
zacks.com
Tuesday, 27 August 2024
zacks.com
Monday, 26 August 2024
zacks.com
Wednesday, 21 August 2024
zacks.com
Wednesday, 7 August 2024
zacks.com
Saturday, 3 August 2024
seekingalpha.com
Thursday, 1 August 2024
zacks.com
businesswire.com
Thursday, 18 July 2024
businesswire.com
Friday, 12 July 2024
zacks.com
Tuesday, 11 June 2024
businesswire.com
Friday, 31 May 2024
zacks.com
Friday, 3 May 2024
seekingalpha.com
Thursday, 2 May 2024
businesswire.com
Wednesday, 17 April 2024
Business Wire
Tuesday, 19 March 2024
Zacks Investment Research
Zacks Investment Research
Thursday, 7 March 2024
Zacks Investment Research
Wednesday, 31 January 2024
Business Wire
Sunday, 5 November 2023
Seeking Alpha
Friday, 20 October 2023
Business Wire
Thursday, 5 October 2023
Zacks Investment Research
Tuesday, 3 October 2023
Zacks Investment Research
  • What's the price of Velocity Financial stock today?

    One share of Velocity Financial stock can currently be purchased for approximately $19.

  • When is Velocity Financial's next earnings date?

    Unfortunately, Velocity Financial's (VEL) next earnings date is currently unknown.

  • Does Velocity Financial pay dividends?

    No, Velocity Financial does not pay dividends.

  • How much money does Velocity Financial make?

    Velocity Financial has a market capitalization of 662.29M and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 41.52% to 131.72M US dollars.

  • What is Velocity Financial's stock symbol?

    Velocity Financial, Inc. is traded on the NYSE under the ticker symbol "VEL".

  • What is Velocity Financial's primary industry?

    Company operates in the Financial Services sector and Financial - Mortgages industry.

  • How do i buy shares of Velocity Financial?

    Shares of Velocity Financial can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

  • Who are Velocity Financial's key executives?

    Velocity Financial's management team includes the following people:

    • Mr. Christopher D. Farrar Co-Founder, Chief Executive Officer, Pres & Director(age: 58, pay: $1,070,000)
    • Mr. Jeffrey T. Taylor Executive Vice President of Capital Markets(age: 56, pay: $569,720)
    • Mr. Mark R. Szczepaniak Chief Financial Officer & Corporation Sec.(age: 67, pay: $498,850)
  • Is Velocity Financial founder-led company?

    Yes, Velocity Financial is a company led by its founder Mr. Christopher D. Farrar.

  • How many employees does Velocity Financial have?

    As Jul 2024, Velocity Financial employs 253 workers.

  • When Velocity Financial went public?

    Velocity Financial, Inc. is publicly traded company for more then 5 years since IPO on 17 Jan 2020.

  • What is Velocity Financial's official website?

    The official website for Velocity Financial is velfinance.com.

  • Where are Velocity Financial's headquarters?

    Velocity Financial is headquartered at 30699 Russell Ranch Road, Westlake Village, CA.

  • How can i contact Velocity Financial?

    Velocity Financial's mailing address is 30699 Russell Ranch Road, Westlake Village, CA and company can be reached via phone at +81 85323700.

  • What is Velocity Financial stock forecast & price target?

    Based on 1 Wall Street analysts` predicted price targets for Velocity Financial in the last 12 months, the avarage price target is $23. The average price target represents a 21.05% change from the last price of $19.

Velocity Financial company profile:

Velocity Financial, Inc.

velfinance.com
Exchange:

NYSE

Full time employees:

253

Industry:

Financial - Mortgages

Sector:

Financial Services

Velocity Financial, Inc. operates as a real estate finance company in the United States. It primarily originates and manages investor loans secured by 1–4 unit residential rental and small commercial properties. The company offers its products through a network of independent mortgage brokers. Velocity Financial, Inc. was founded in 2004 and is headquartered in Westlake Village, California.

30699 Russell Ranch Road
Westlake Village, CA 91362

CIK: 0001692376
ISIN: US92262D1019
CUSIP: 92262D101