| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
Aggressive Growth And Reliance On Non-GAAP Measures Risk Overextending Resources And Margins
Velocity Financial, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$19.57 |
| 52 Week High | US$20.37 |
| 52 Week Low | US$10.57 |
| Beta | 1.03 |
| 11 Month Change | 6.53% |
| 3 Month Change | 9.27% |
| 1 Year Change | 70.92% |
| 33 Year Change | 49.39% |
| 5 Year Change | n/a |
| Change since IPO | 44.86% |
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 11
Benign 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 19
Shareholder Returns
| VEL | US Diversified Financial | US Market | |
|---|---|---|---|
| 7D | -0.5% | -1.6% | 1.9% |
| 1Y | 70.9% | 26.5% | 32.8% |
Return vs Industry: VEL exceeded the US Diversified Financial industry which returned 26.5% over the past year.
Return vs Market: VEL exceeded the US Market which returned 30.2% over the past year.
Price Volatility
| VEL volatility | |
|---|---|
| VEL Average Weekly Movement | 2.4% |
| Diversified Financial Industry Average Movement | 5.4% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 14.9% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: VEL has not had significant price volatility in the past 3 months.
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$658.88m |
| Earnings (TTM) | US$60.67m |
| Revenue (TTM) | US$151.52m |
10.7x
P/E Ratio4.3x
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
n/a
| 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