| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 5/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
VEL Stock Overview
Velocity Financial, Inc. operates as a real estate finance company in the United States.
Velocity Financial, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$10.84 |
| 52 Week High | US$14.00 |
| 52 Week Low | US$9.11 |
| Beta | 0.94 |
| 1 Month Change | -5.08% |
| 3 Month Change | -4.16% |
| 1 Year Change | -18.13% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -19.76% |
Recent News & Updates
Shareholder Returns
| VEL | US Mortgage | US Market | |
|---|---|---|---|
| 7D | -4.7% | -5.4% | -2.5% |
| 1Y | -18.1% | -35.4% | -23.2% |
Return vs Industry: VEL exceeded the US Mortgage industry which returned -34.5% over the past year.
Return vs Market: VEL exceeded the US Market which returned -21.5% over the past year.
Price Volatility
| VEL volatility | |
|---|---|
| VEL Average Weekly Movement | 6.7% |
| Mortgage Industry Average Movement | 3.2% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 15.6% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: VEL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: VEL's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 215 | Chris Farrar | https://www.velfinance.com |
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. Fundamentals Summary
| VEL fundamental statistics | |
|---|---|
| Market Cap | US$351.39m |
| Earnings (TTM) | US$26.19m |
| Revenue (TTM) | US$88.37m |
13.4x
P/E Ratio1.0x
P/B RatioIs VEL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VEL income statement (TTM) | |
|---|---|
| Revenue | US$88.37m |
| Cost of Revenue | US$10.24m |
| Gross Profit | US$78.14m |
| Other Expenses | US$51.95m |
| Earnings | US$26.19m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.81 |
| Gross Margin | 88.42% |
| Net Profit Margin | 29.64% |
| Debt/Equity Ratio | 805.2% |
How did VEL perform over the long term?
See historical performance and comparison