Snowflake Score | |
---|---|
Valuation | 3/6 |
Future Growth | 2/6 |
Past Performance | 5/6 |
Financial Health | 3/6 |
Dividends | 0/6 |
Community Narratives
Narratives bring a range of perspectives from our community.
Velocity Financial, Inc. Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$19.24 |
52 Week High | US$20.37 |
52 Week Low | US$12.51 |
Beta | 1.03 |
11 Month Change | -1.48% |
3 Month Change | 5.25% |
1 Year Change | 49.26% |
33 Year Change | 44.99% |
5 Year Change | n/a |
Change since IPO | 42.41% |
Recent News & Updates
Velocity Financial Should Continue To Do Well
Sep 26Here's Why Shareholders May Want To Be Cautious With Increasing Velocity Financial, Inc.'s (NYSE:VEL) CEO Pay Packet
May 11Recent updates
Velocity Financial Should Continue To Do Well
Sep 26Here's Why Shareholders May Want To Be Cautious With Increasing Velocity Financial, Inc.'s (NYSE:VEL) CEO Pay Packet
May 11Benign Growth For Velocity Financial, Inc. (NYSE:VEL) Underpins Its Share Price
Jan 05Is Now The Time To Put Velocity Financial (NYSE:VEL) On Your Watchlist?
Nov 08Is Now The Time To Put Velocity Financial (NYSE:VEL) On Your Watchlist?
Aug 09Velocity Financial, Inc.'s (NYSE:VEL) Subdued P/E Might Signal An Opportunity
Jun 07Velocity Financial GAAP EPS of $0.29 in-line, revenue of $26.78M misses by $0.86M
Nov 03Velocity Financial, Inc. Just Missed Earnings - But Analysts Have Updated Their Models
May 09How Much Did Velocity Financial's(NYSE:VEL) Shareholders Earn From Share Price Movements Over The Last Year?
Jan 19Shareholder Returns
VEL | US Diversified Financial | US Market | |
---|---|---|---|
7D | -0.3% | -1.4% | -1.9% |
1Y | 49.3% | 30.2% | 30.4% |
Return vs Industry: VEL exceeded the US Diversified Financial industry which returned 30.2% over the past year.
Return vs Market: VEL exceeded the US Market which returned 30.4% over the past year.
Price Volatility
VEL volatility | |
---|---|
VEL Average Weekly Movement | 1.8% |
Diversified Financial Industry Average Movement | 4.8% |
Market Average Movement | 6.0% |
10% most volatile stocks in US Market | 15.0% |
10% least volatile stocks in US Market | 2.9% |
Stable Share Price: VEL has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: VEL's weekly volatility (2%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2004 | 253 | Chris Farrar | www.velfinance.com |
Velocity Financial, Inc. operates as a real estate finance company in the United States. It originates, securitizes, and manages a portfolio of loans, which are secured by first mortgage liens on income-producing and/or owner/user commercial properties, including investor 1-4, a non-owner occupied residential rental properties with 1-4 units; residential apartments combined with office or retail space; and multi-family comprising traditional apartment buildings, condominiums, and other residential properties with 5+ units. The company also finances for retail properties with various types of retail products and merchandise or services; commercial properties occupied by professional or business offices; and warehouse and other properties, which include self-storage units, auto services, hospitality, light industrial, and other commercial enterprises, as well as provides short-term and interest-only loans for acquisition and improvement of 1-4-unit residential properties.
Velocity Financial, Inc. Fundamentals Summary
VEL fundamental statistics | |
---|---|
Market cap | US$638.68m |
Earnings (TTM) | US$60.67m |
Revenue (TTM) | US$151.52m |
10.5x
P/E Ratio4.2x
P/S RatioIs VEL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
VEL income statement (TTM) | |
---|---|
Revenue | US$151.52m |
Cost of Revenue | US$38.11m |
Gross Profit | US$113.41m |
Other Expenses | US$52.74m |
Earnings | US$60.67m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Nov 07, 2024
Earnings per share (EPS) | 1.83 |
Gross Margin | 74.85% |
Net Profit Margin | 40.04% |
Debt/Equity Ratio | 897.4% |
How did VEL perform over the long term?
See historical performance and comparison