VELOCITY FINANCIAL INC (VEL) Stock Price, Forecast & Analysis
NYSE:VEL • US92262D1019
VEL Key Statistics, Chart & Performance
The current stock price of VEL is 19.02 USD. In the past month the price decreased by -3.21%. In the past year, price increased by 3.03%.
VEL Technical Analysis
ChartMill assigns a technical rating of 2 / 10 to VEL. When comparing the yearly performance of all stocks, VEL turns out to be only a medium performer in the overall market: it outperformed 46.27% of all stocks.
VEL Fundamental Analysis
ChartMill assigns a fundamental rating of 5 / 10 to VEL. While VEL is still in line with the averages on profitability rating, there are 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) | 20.7% | ||
| ROA | 1.29% | ||
| ROE | 14.15% | ||
| Debt/Equity | 9.7 |
VEL Forecast & Estimates
7 analysts have analysed VEL and the average price target is 22.1 USD. This implies a price increase of 16.19% is expected in the next year compared to the current price of 19.02.
For the next year, analysts expect an EPS growth of 27.37% and a revenue growth 5.29% for VEL
VEL Ownership
VEL Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| RKT | ROCKET COS INC-CLASS A | 22 | 51.672B | ||
| UWMC | UWM HOLDINGS CORP | 9.81 | 7.68B | ||
| ACT | ENACT HOLDINGS INC | 8.83 | 6.004B | ||
| MTG | MGIC INVESTMENT CORP | 8.18 | 5.717B | ||
| PFSI | PENNYMAC FINANCIAL SERVICES | 7.34 | 4.911B | ||
| RDN | RADIAN GROUP INC | 7.28 | 4.44B | ||
| NMIH | NMI HOLDINGS INC | 7.5 | 2.982B | ||
| WD | WALKER & DUNLOP INC | 13.54 | 2.208B | ||
| MBIN | MERCHANTS BANCORP/IN | 8.64 | 2.067B | ||
| AGM | FEDERAL AGRIC MTG CORP-CL C | 7.69 | 1.897B |
Related stock screener links
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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 current price of VEL stock?
The current stock price of VEL is 19.02 USD. The price decreased by -0.99% in the last trading session.
Does VELOCITY FINANCIAL INC pay dividends?
VEL does not pay a dividend.
What is the ChartMill technical and fundamental rating of VEL stock?
VEL has a ChartMill Technical rating of 2 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 analyst forecast for VEL stock?
7 analysts have analysed VEL and the average price target is 22.1 USD. This implies a price increase of 16.19% is expected in the next year compared to the current price of 19.02.
What is the outstanding short interest for VELOCITY FINANCIAL INC?
The outstanding short interest for VELOCITY FINANCIAL INC (VEL) is 3.58% of its float.