Snowflake Score | |
---|---|
Valuation | 3/6 |
Future Growth | 2/6 |
Past Performance | 5/6 |
Financial Health | 3/6 |
Dividends | 0/6 |
Velocity Financial, Inc. Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$17.78 |
52 Week High | US$19.08 |
52 Week Low | US$8.74 |
Beta | 1.04 |
1 Month Change | 6.09% |
3 Month Change | 13.10% |
1 Year Change | 100.23% |
3 Year Change | 72.62% |
5 Year Change | n/a |
Change since IPO | 31.61% |
Recent News & Updates
Recent updates
Here'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 | -0.5% | 0.4% | 1.2% |
1Y | 100.2% | 25.2% | 27.7% |
Return vs Industry: VEL exceeded the US Diversified Financial industry which returned 25.2% over the past year.
Return vs Market: VEL exceeded the US Market which returned 27.7% over the past year.
Price Volatility
VEL volatility | |
---|---|
VEL Average Weekly Movement | 4.5% |
Diversified Financial Industry Average Movement | 5.0% |
Market Average Movement | 5.9% |
10% most volatile stocks in US Market | 16.2% |
10% least volatile stocks in US Market | 2.8% |
Stable Share Price: VEL has not had significant price volatility in the past 3 months.
Volatility Over Time: VEL's weekly volatility (5%) 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$600.01m |
Earnings (TTM) | US$58.07m |
Revenue (TTM) | US$139.44m |
10.1x
P/E Ratio4.2x
P/S RatioIs VEL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
VEL income statement (TTM) | |
---|---|
Revenue | US$139.44m |
Cost of Revenue | US$33.05m |
Gross Profit | US$106.39m |
Other Expenses | US$48.33m |
Earnings | US$58.07m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
Earnings per share (EPS) | 1.76 |
Gross Margin | 76.30% |
Net Profit Margin | 41.64% |
Debt/Equity Ratio | 886.8% |
How did VEL perform over the long term?
See historical performance and comparison