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Velocity Financial Inc

VEL
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16.970USD
-0.360-2.08%
Close 05/15, 16:00ETQuotes delayed by 15 min
665.82MMarket Cap
5.99P/E TTM

Velocity Financial Inc

16.970
-0.360-2.08%
View Detailed Chart
Intraday
1m
30m
1h
D
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M
D

Today

-2.08%

5 Days

-6.96%

1 Month

-11.34%

6 Months

-7.57%

Year to Date

-18.26%

1 Year

+1.80%

Key Insights

Velocity Financial Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 101 out of 394 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 22.17.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Velocity Financial Inc's Score

Industry at a Glance

Industry Ranking
101 / 394
Overall Ranking
174 / 4482
Industry
Banking Services

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Neutral

Velocity Financial Inc Highlights

StrengthsRisks
Velocity Financial, Inc. is a vertically integrated real estate finance company that primarily originates and manages business purpose loans secured by 1-4-unit residential rental and small commercial properties. It originates loans nationwide across an extensive network of independent mortgage brokers. The Company's portfolio provides loans held for investment. The Company’s typical investor real estate loan is secured by a first lien on the underlying property with the added protection of a personal guarantee. Its portfolio of loans held for investment totaled $5.1 billion of unpaid principal balance (UPB) on properties in 45 states and the District of Columbia. Th Company funds its portfolio primarily through a combination of committed and uncommitted secured warehouse facilities, securitized debt, corporate debt and equity.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 82.14% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 525.39M.
Undervalued
The company’s latest PB is 0.96, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 39.29M shares, increasing 1.19% quarter-over-quarter.
Held by HACAX
Star Investor HACAX holds 1.04K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.19.

Analyst Rating

Based on 3 analysts
Buy
Current Rating
22.167
Target Price
+28.13%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Velocity Financial Inc News

More news coming soon, stay tuned...

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Velocity Financial Inc Info

Velocity Financial, Inc. is a vertically integrated real estate finance company that primarily originates and manages business purpose loans secured by 1-4-unit residential rental and small commercial properties. It originates loans nationwide across an extensive network of independent mortgage brokers. The Company's portfolio provides loans held for investment. The Company’s typical investor real estate loan is secured by a first lien on the underlying property with the added protection of a personal guarantee. Its portfolio of loans held for investment totaled $5.1 billion of unpaid principal balance (UPB) on properties in 45 states and the District of Columbia. Th Company funds its portfolio primarily through a combination of committed and uncommitted secured warehouse facilities, securitized debt, corporate debt and equity.
Ticker SymbolVEL
CompanyVelocity Financial Inc
CEOFarrar (Christopher D)
Websitehttps://www.velfinance.com/
KeyAI