Velocity Financial, Inc. (VEL)
| Market Cap | 144.63M |
| Revenue (ttm) | 64.16M |
| Net Income (ttm) | -35.57M |
| Shares Out | 20.09M |
| EPS (ttm) | 123.83 |
| PE Ratio | 0.06 |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | January 22 |
| Last Price | $7.20 |
| Previous Close | $7.20 |
| Change ($) | 0.00 |
| Change (%) | 0.00% |
| Day's Open | 7.20 |
| Day's Range | 7.19 - 7.41 |
| Day's Volume | 14,230 |
| 52-Week Range | 2.47 - 14.64 |
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Velocity Financial, Inc. (VEL) CEO Chris Farrar on Q3 2020 Results - Earnings Call Transcript
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (“Velocity” or the “Company”) reported net income of $3.5 million for the third quarter of 2020 and diluted earn...
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in small balance real estate lending, today provided a business update and an...
NEW YORK, Sept. 28, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Velocity Financial, Inc. (NYSE: VEL) pursuant and/or traceab...
Los Angeles, California--(Newsfile Corp. - September 28, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Vel...
New York, New York--(Newsfile Corp. - September 27, 2020) - Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Velocity Financial, Inc. (NYSE: VEL) pur...
New York, New York--(Newsfile Corp. - September 25, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Velocity Financial, Inc. ("Velocity Financial" o...
LOS ANGELES--(BUSINESS WIRE)---- $VEL #classaction--The Law Offices of Frank R. Cruz reminds investors of the upcoming September 28, 2020 deadline to file a lead plaintiff motion in the class ...
Los Angeles, California--(Newsfile Corp. - September 25, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Velo...
BENSALEM, Pa., Sept. 24, 2020 /PRNewswire/ -- Law Offices of Howard G. Smith reminds investors of the upcoming September 28, 2020 deadline to file a lead plaintiff motion in the class action f...
Los Angeles, California--(Newsfile Corp. - September 24, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Velo...
New York, New York--(Newsfile Corp. - September 23, 2020) - Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Velocity Financial, Inc. (NYSE: VEL) purs...
Los Angeles, California--(Newsfile Corp. - September 23, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Velo...
Los Angeles, California--(Newsfile Corp. - September 22, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Vel...
LOS ANGELES, Sept. 21, 2020 /PRNewswire/ -- The Law Offices of Frank R. Cruz reminds investors of the upcoming September 28, 2020 deadline to file a lead plaintiff motion in the class action f...
New York, New York--(Newsfile Corp. - September 18, 2020) - Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Velocity Financial, Inc.
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Velocity Financial, Inc. (NYSE: VEL) pursuant and/or traceable to the Comp...
NEW YORK--(BUSINESS WIRE)--Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a motion for lead plaintiff in a securities class acti...
LOS ANGELES, Sept. 15, 2020 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming September 28, 2020 deadline to file a lead plaintiff motion in the class actio...
NEW YORK, Sept. 14, 2020 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Velocity Financial, Inc.
New York, New York--(Newsfile Corp. - September 11, 2020) - Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Velocity Financial, Inc.
New York, New York--(Newsfile Corp. - September 6, 2020) - Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the secu...
New York, New York--(Newsfile Corp. - August 27, 2020) - Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Velocity Financial, Inc.
NEW YORK, Aug. 26, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Velocity Financial, Inc.
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements re: Velocity Financial’s business and prospects, resulting in its stock trading at inflated prices
New York, New York--(Newsfile Corp. - August 17, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Velocity Financial, Inc.
Velocity Financial, Inc. (VEL) CEO Chris Farrar on Q2 2020 Results - Earnings Call Transcript
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc.
NEW YORK, Aug. 12, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Velocity ...
NEW YORK, Aug. 12, 2020 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Velocity Financial, Inc.
NEW YORK, Aug. 10, 2020 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Velocity Financial, LLC ("Velocity Financial" or the "...
BENSALEM, Pa.--(BUSINESS WIRE)---- $VEL #classaction--The Law Offices of Howard G.
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc.
PHILADELPHIA, Aug. 5, 2020 /PRNewswire/ -- Berger Montague is investigating potential securities fraud claims on behalf of investors who purchased the common stock of Velocity Financial, Inc.
BENSALEM, Pa.--(BUSINESS WIRE)---- $VEL #classaction--Law Offices of Howard G.
LOS ANGELES--(BUSINESS WIRE)---- $VEL #classaction--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or ot...
BERWYN, Pa., Aug. 3, 2020 /PRNewswire/ -- RM LAW, P.C.
NEW YORK, Aug. 3, 2020 /PRNewswire/ -- Bernstein Liebhard, a nationally acclaimed investor rights law firm, announces that a securities class action has been filed on behalf of investors that ...
SAN DIEGO & WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $VEL #ClassAction--Shareholder rights law firm Robbins LLP announces that a purchaser of Velocity Financial, Inc.
LOS ANGELES--(BUSINESS WIRE)---- $VEL #fraud--Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Velocity Financial, Inc. (VEL) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)---- $VEL #VEL--SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Velocity Financial, Inc.
NEW YORK, July 30, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Velocity ...
LOS ANGELES--(BUSINESS WIRE)---- $VEL #classaction--The Law Offices of Frank R. Cruz announces an investigation on behalf of Velocity Financial, Inc.
BENSALEM, Pa.--(BUSINESS WIRE)---- $VEL #fraud--INVESTOR ALERT: Law Offices of Howard G.
LOS ANGELES--(BUSINESS WIRE)---- $VEL #VEL--SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Velocity Financial, Inc.
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Velocity Financial, In...
PHILADELPHIA, July 29, 2020 /PRNewswire/ -- Kaskela Law LLC announces that a shareholder class action lawsuit has been filed against Velocity Financial, Inc. ("Velocity") (NYSE: VEL) on behalf...
NEW YORK--(BUSINESS WIRE)-- #VEL--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, announces that a class action lawsuit has been filed in the United States Di...
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Velocity’s business and prospects, resulting in its stock trading at inflated prices.
About VEL
Velocity Financial operates as a real estate finance company in the United States. The company primarily originates and manages investor loans secured by 1-4 unit residential rental and small commercial properties. It offers its products through a network of independent mortgage brokers. Velocity Financial, Inc. was founded in 2004 and is headquartered in Westlake Village, California.
| Industry Mortgage Finance | IPO Date Jan 17, 2020 |
| CEO Christopher D. Farrar | Employees 262 |
| Stock Exchange NYSE | Ticker Symbol VEL |
Financial Performance
In 2019, VEL's revenue was $60.52 million, an increase of 17.72% compared to the previous year's $51.41 million. Earnings were $17.29 million, an increase of 126.60%.
Analyst Forecasts
According to 4 analysts, the average rating for VEL stock is "Buy." The 12-month stock price forecast is 7.50, which is an increase of 4.17% from the latest price.