Velocity Financial, Inc. (VEL) Stock Price & Growth Analysis - Tweevest

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Velocity Financial, Inc.

VEL

NYSE

636M

Financial - Mortgages

Next Earning date - 07 Nov 2024

636M

Financial - Mortgages

Next Earning date - 07 Nov 2024

19.22USD

-0.06 ( -0.31%)

Relative Strenght

92

Volume Buzz

-73%

Earning Acce

No

Dist 52w H.

6%

Quote Panel

Updated October 28, 2024

1W -0.93 % 1M -1.99 % 3M 1.21 % 1Y 67.42 %

Key Metrics

Market Cap
636.36M
Shares Outstanding
33.11M
Share in Float
19.60M
Dividende
0

Earning Date
07 Nov 2024
Price Target
19.22
Average Volume
44367
Beta
1.032

Range
11.06-20.37
Industry
Financial - Mortgages
Website
https://www.velfinance.com
Sector
Financial Services

Fundamentals

10.74x

P/E Ratio

1.88x

P/S Ratio

1.33x

P/B Ratio

9.0

Debt/Equity

18.1%

Net Margin

$1.8

EPS

How VEL compares to sector?

P/E Ratio

Relative Strength

VEL

Sector

loading...

Top 5 RS in Group

Symbol	Company	RS	5-Day Perf.

Forecast

$184M

72%

2025-Revenue

$2.06

358%

2025-EPS

$121M

38%

2025-EBITDA

Analyst rating

No Data Available

Last analyst upgrade/downgrade

Wells Fargo

downgrade

Previous: Not converted

2024-09-20

Now: Underweight

UBS

initialise

Previous: Not converted

2022-10-13

Now: Buy

MKM Partners

initialise

Previous: Not converted

2022-10-13

Now: Buy

Raymond James

initialise

Previous: Not converted

2022-10-13

Now: Strong Buy

Earnings Growth

YoY

Current

Estimates

Q3.22

+26%

0.29
vs 0.23

Q4.22

-7%

0.27
vs 0.29

Q1.23

-8%

0.33
vs 0.36

Q2.23

+23%

0.38
vs 0.31

Q3.23

+28%

0.37
vs 0.29

Q4.23

+70%

0.46
vs 0.27

Q1.24

+55%

0.51
vs 0.33

Q2.24

+18%

0.45
vs 0.38

Q3.24

+24%

0.46
vs 0.37

Q4.24

+3%

0.47
vs 0.46

Sales Growth

YoY

Current

Estimates

Q3.22

+18%

24M vs 20.4M

Q4.22

+33%

28.4M vs 21.4M

Q1.23

+127%

33.1M vs 14.6M

Q2.23

+35%

35.1M vs 26.1M

Q3.23

+66%

39.8M vs 24M

Q4.23

+230%

93.7M vs 28.4M

Q1.24

+198%

98.6M vs 33.1M

Q2.24

+205%

107.1M vs 35.1M

Q3.24

+10%

43.8M vs 39.8M

Q4.24

-52%

44.8M vs 93.7M

Return on Equity

QoQ

Q3.22

+3%

0.03
vs 0.03

Q4.22

+2%

0.02
vs 0.03

Q1.23

+3%

0.03
vs 0.02

Q2.23

+3%

0.03
vs 0.03

Q3.23

+3%

0.03
vs 0.03

Q4.23

+4%

0.04
vs 0.03

Q1.24

+4%

0.04
vs 0.04

Q2.24

+3%

0.03
vs 0.04

Institutionnal Ownership

QoQ

Q3.22

45

45
vs 44

2%

Q4.22

44

44
vs 45

-2%

Q1.23

41

41
vs 44

-7%

Q2.23

44

44
vs 41

7%

Q3.23

47

47
vs 44

7%

Q4.23

50

50
vs 47

6%

Q1.24

51

51
vs 50

2%

Q2.24

56

56
vs 51

10%

Earnings Growth

Latest News

VEL

zacks.com

9 hours ago

Top Consumer Loan Stocks to Benefit from Rate Cuts

VEL

zacks.com

10 hours ago

Is Velocity Financial (VEL) Stock Undervalued Right Now?

VEL

seekingalpha.com

11 hours ago

Velocity Financial Should Continue To Do Well

VEL

zacks.com

11 hours ago

Lower Mortgage Rates Driving Refinancing Activities: Three Stocks to Buy

VEL

businesswire.com

16 hours ago

Velocity Financial, Inc. Announces Date of Third Quarter 2024 Financial Results Webcast and Conference Call

VEL

zacks.com

16 hours ago

Plunge in Mortgage Rates Spurs Refinancing Surge - Consider PFSI, VEL, GHLD

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