Velocity Financial Inc's fundamentals are relatively stable, and its growth potential is significant.Its valuation is considered fairly valued, ranking 104/403 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 21.67.In the medium term, the stock price is expected to remain stable.Despite an average 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
104 / 403
Overall Ranking
163 / 4563
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
3
analysts
Buy
Current Rating
21.667
Target Price
+15.19%
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 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 59.47% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 375.00M.
Fairly Valued
The company’s latest PB is 1.20, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 37.55M shares, increasing 1.68% quarter-over-quarter.
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/
FAQs
What is the current price of Velocity Financial Inc (VEL)?
The current price of Velocity Financial Inc (VEL) is 19.515.
What is the symbol of Velocity Financial Inc?
The ticker symbol of Velocity Financial Inc is VEL.
What is the 52-week high of Velocity Financial Inc?
The 52-week high of Velocity Financial Inc is 20.980.
What is the 52-week low of Velocity Financial Inc?
The 52-week low of Velocity Financial Inc is 16.120.
What is the market capitalization of Velocity Financial Inc?
The market capitalization of Velocity Financial Inc is 759.13M.
What is the net income of Velocity Financial Inc?
The net income of Velocity Financial Inc is 67.58M.
Is Velocity Financial Inc (VEL) currently rated as Buy, Hold, or Sell?
According to analysts, Velocity Financial Inc (VEL) has an overall rating of Buy, with a price target of 21.667.
What is the Earnings Per Share (EPS TTM) of Velocity Financial Inc (VEL)?
The Earnings Per Share (EPS TTM) of Velocity Financial Inc (VEL) is 2.531.