VELOCITY FINANCIAL INC (VEL) Stock Price, Forecast & Analysis
USA - New York Stock Exchange - NYSE:VEL - US92262D1019 - Common Stock
VEL Key Statistics, Chart & Performance
The current stock price of VEL is 19.42 USD. In the past month the price increased by 6.29%. In the past year, price decreased by -5.08%.
VEL Latest News, Press Relases and Analysis
VEL Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| RKT | ROCKET COS INC-CLASS A | 103.89 | 55.46B | ||
| UWMC | UWM HOLDINGS CORP | 115.4 | 9.23B | ||
| PFSI | PENNYMAC FINANCIAL SERVICES | 14.66 | 7.04B | ||
| MTG | MGIC INVESTMENT CORP | 9.1 | 6.54B | ||
| ACT | ENACT HOLDINGS INC | 8.72 | 5.74B | ||
| RDN | RADIAN GROUP INC | 8.46 | 4.81B | ||
| NMIH | NMI HOLDINGS INC | 7.97 | 2.96B | ||
| WD | WALKER & DUNLOP INC | 19.32 | 2.22B | ||
| AGM | FEDERAL AGRIC MTG CORP-CL C | 10.16 | 1.89B | ||
| MBIN | MERCHANTS BANCORP/IN | 7.36 | 1.51B | ||
| AGM.A | FEDERAL AGRIC MTG CORP-CL A | 7.68 | 1.43B | ||
| GHLD | GUILD HOLDINGS CO - CLASS A | 9.62 | 1.25B |
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About VEL
Company Profile
Velocity Financial, Inc. operates a real estate finance company, which originates and manages investor loans secured by residential rental and small commercial properties. The company is headquartered in Westlake Village, California and currently employs 309 full-time employees. The company went IPO on 2020-01-17. The company originates loans nationwide across an extensive network of independent mortgage brokers. The firm's portfolio provides loans held for investment. The Company’s typical investor real estate loan is secured by a first lien on the underlying property with the added protection of a personal guarantee. Its portfolio of loans held for investment totaled $5.1 billion of unpaid principal balance (UPB) on properties in 45 states and the District of Columbia. Th Company funds its portfolio primarily through a combination of committed and uncommitted secured warehouse facilities, securitized debt, corporate debt and equity.
Company Info
VELOCITY FINANCIAL INC
2945 Townsgate Road, Suite 110
Westlake Village CALIFORNIA 91362 US
CEO: Christopher D. Farrar
Employees: 309
Phone: 18665053863
VELOCITY FINANCIAL INC / VEL FAQ
What does VELOCITY FINANCIAL INC do?
Velocity Financial, Inc. operates a real estate finance company, which originates and manages investor loans secured by residential rental and small commercial properties. The company is headquartered in Westlake Village, California and currently employs 309 full-time employees. The company went IPO on 2020-01-17. The company originates loans nationwide across an extensive network of independent mortgage brokers. The firm's portfolio provides loans held for investment. The Company’s typical investor real estate loan is secured by a first lien on the underlying property with the added protection of a personal guarantee. Its portfolio of loans held for investment totaled $5.1 billion of unpaid principal balance (UPB) on properties in 45 states and the District of Columbia. Th Company funds its portfolio primarily through a combination of committed and uncommitted secured warehouse facilities, securitized debt, corporate debt and equity.
What is the stock price of VELOCITY FINANCIAL INC today?
The current stock price of VEL is 19.42 USD. The price increased by 2.64% in the last trading session.
Does VELOCITY FINANCIAL INC pay dividends?
VEL does not pay a dividend.
What is the ChartMill rating of VELOCITY FINANCIAL INC stock?
VEL has a ChartMill Technical rating of 4 out of 10 and a ChartMill Fundamental rating of 5 out of 10.
On which exchange is VEL stock listed?
VEL stock is listed on the New York Stock Exchange exchange.
What is the market capitalization of VEL stock?
VELOCITY FINANCIAL INC (VEL) has a market capitalization of 746.50M USD. This makes VEL a Small Cap stock.
What is the Short Interest ratio of VELOCITY FINANCIAL INC (VEL) stock?
The outstanding short interest for VELOCITY FINANCIAL INC (VEL) is 1.41% of its float.
VEL Technical Analysis
ChartMill assigns a technical rating of 4 / 10 to VEL. When comparing the yearly performance of all stocks, VEL is a bad performer in the overall market: 60.3% of all stocks are doing better.
VEL Fundamental Analysis
ChartMill assigns a fundamental rating of 5 / 10 to VEL. While VEL has a great profitability rating, there are quite some concerns on its financial health.
VEL Financial Highlights
Over the last trailing twelve months VEL reported a non-GAAP Earnings per Share(EPS) of 2.57. The EPS increased by 35.98% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 16.49% | ||
| ROA | 1.24% | ||
| ROE | 13.43% | ||
| Debt/Equity | 9.55 |
VEL Forecast & Estimates
7 analysts have analysed VEL and the average price target is 22.1 USD. This implies a price increase of 13.8% is expected in the next year compared to the current price of 19.42.
For the next year, analysts expect an EPS growth of 24.38% and a revenue growth 3.54% for VEL