The company's fundamentals are relatively healthy.Its valuation is considered fairly valued,and institutional recognition is very high.Over the past 30 days, multiple analysts have rated the company as a Buy.Despite a weak stock market performance, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Score
Industry at a Glance
Industry Ranking
61 / 524
Overall Ranking
79 / 4751
Industry
Banking & Investment Services
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analysts' Target
Based on
6
analysts
Buy
Current Rating
33.200
Target Price
-3.35%
Upside Space
Disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Company Highlights
StrengthsRisks
Veritex Holdings, Inc. is a bank holding company. The Company conducts banking activities through its wholly owned subsidiary, Veritex Community Bank (the Bank), a Texas state bank, which provides a full range of banking services, including commercial and retail lending and checking and savings deposit products, to individual and corporate customers. It operates through the community banking segment. The Bank provides relationship-driven commercial banking products and services tailored to meet the needs of small to medium-sized businesses and professionals. It offers online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, as well as ATMs, and mobile and digital banking, mail and personal appointments. It also offers debit cards, night depository, direct deposit, cashier’s checks and letters of credit. It also offers a full array of commercial treasury management services.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 40.64%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 40.64%.
Overvalued
The company’s latest PE is 16.13, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 52.96M shares, decreasing 10.58% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 3.89M shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 0.62.
Veritex Holdings, Inc. is a bank holding company. The Company conducts banking activities through its wholly owned subsidiary, Veritex Community Bank (the Bank), a Texas state bank, which provides a full range of banking services, including commercial and retail lending and checking and savings deposit products, to individual and corporate customers. It operates through the community banking segment. The Bank provides relationship-driven commercial banking products and services tailored to meet the needs of small to medium-sized businesses and professionals. It offers online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, as well as ATMs, and mobile and digital banking, mail and personal appointments. It also offers debit cards, night depository, direct deposit, cashier’s checks and letters of credit. It also offers a full array of commercial treasury management services.