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VEL

Velocity Financial NYSE:VEL Stock Report

Last Price

US$10.84

Market Cap

US$351.4m

7D

-4.7%

1Y

-18.1%

Updated

30 Sep, 2022

Data

Company Financials +
VEL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance5/6
Financial Health1/6
Dividends0/6

VEL Stock Overview

Velocity Financial, Inc. operates as a real estate finance company in the United States.

Velocity Financial, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Velocity Financial
Historical stock prices
Current Share PriceUS$10.84
52 Week HighUS$14.00
52 Week LowUS$9.11
Beta0.94
1 Month Change-5.08%
3 Month Change-4.16%
1 Year Change-18.13%
3 Year Changen/a
5 Year Changen/a
Change since IPO-19.76%

Recent News & Updates

Shareholder Returns

VELUS MortgageUS 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

Is VEL's price volatile compared to industry and market?
VEL volatility
VEL Average Weekly Movement6.7%
Mortgage Industry Average Movement3.2%
Market Average Movement6.9%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.8%

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

FoundedEmployeesCEOWebsite
2004215Chris Farrarhttps://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

How do Velocity Financial's earnings and revenue compare to its market cap?
VEL fundamental statistics
Market CapUS$351.39m
Earnings (TTM)US$26.19m
Revenue (TTM)US$88.37m

13.4x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VEL income statement (TTM)
RevenueUS$88.37m
Cost of RevenueUS$10.24m
Gross ProfitUS$78.14m
Other ExpensesUS$51.95m
EarningsUS$26.19m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.81
Gross Margin88.42%
Net Profit Margin29.64%
Debt/Equity Ratio805.2%

How did VEL perform over the long term?

See historical performance and comparison