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Velocity Financial, Inc. (VEL)

Stock Price: $7.20 USD 0.00 (0.00%)
Updated Jan 22, 2021 4:00 PM EST - Market closed
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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24/7 Wall Street - 1 month ago

Initial public offerings (IPOs) have been a hot topic of late, with big names like Airbnb and DoorDash having some of the biggest showings this year.

Other stocks mentioned: ANPC, CSPR, DNK, GRIL, LIZI, PROG
Seeking Alpha - 2 months ago

Velocity Financial, Inc. (VEL) CEO Chris Farrar on Q3 2020 Results - Earnings Call Transcript

Business Wire - 2 months ago

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...

Business Wire - 2 months ago

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...

PRNewsWire - 3 months ago

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...

Newsfile Corp - 3 months ago

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...

Newsfile Corp - 3 months ago

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...

Newsfile Corp - 3 months ago

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...

Business Wire - 3 months ago

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 ...

Newsfile Corp - 3 months ago

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...

PRNewsWire - 3 months ago

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...

Newsfile Corp - 3 months ago

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...

Newsfile Corp - 4 months ago

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...

Newsfile Corp - 4 months ago

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...

Newsfile Corp - 4 months ago

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...

PRNewsWire - 4 months ago

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...

Newsfile Corp - 4 months ago

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.

Business Wire - 4 months ago

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...

Business Wire - 4 months ago

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...

PRNewsWire - 4 months ago

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...

PRNewsWire - 4 months ago

NEW YORK, Sept. 14, 2020 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Velocity Financial, Inc.

Newsfile Corp - 4 months ago

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.

Newsfile Corp - 4 months ago

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...

Newsfile Corp - 4 months ago

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.

PRNewsWire - 4 months ago

NEW YORK, Aug. 26, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Velocity Financial, Inc.

Business Wire - 5 months ago

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

Newsfile Corp - 5 months ago

New York, New York--(Newsfile Corp. - August 17, 2020) -  Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Velocity Financial, Inc.

Seeking Alpha - 5 months ago

Velocity Financial, Inc. (VEL) CEO Chris Farrar on Q2 2020 Results - Earnings Call Transcript

Business Wire - 5 months ago

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc.

PRNewsWire - 5 months ago

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 ...

PRNewsWire - 5 months ago

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.

PRNewsWire - 5 months ago

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 "...

Business Wire - 5 months ago

BENSALEM, Pa.--(BUSINESS WIRE)---- $VEL #classaction--The Law Offices of Howard G.

Business Wire - 5 months ago

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc.

PRNewsWire - 5 months ago

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.

Business Wire - 5 months ago

BENSALEM, Pa.--(BUSINESS WIRE)---- $VEL #classaction--Law Offices of Howard G.

Business Wire - 5 months ago

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...

PRNewsWire - 5 months ago

BERWYN, Pa., Aug. 3, 2020 /PRNewswire/ -- RM LAW, P.C.

PRNewsWire - 5 months ago

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 ...

Business Wire - 5 months ago

SAN DIEGO & WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $VEL #ClassAction--Shareholder rights law firm Robbins LLP announces that a purchaser of Velocity Financial, Inc.

Business Wire - 5 months ago

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

Business Wire - 5 months ago

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.

PRNewsWire - 5 months ago

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 ...

Business Wire - 5 months ago

LOS ANGELES--(BUSINESS WIRE)---- $VEL #classaction--The Law Offices of Frank R. Cruz announces an investigation on behalf of Velocity Financial, Inc.

Business Wire - 5 months ago

BENSALEM, Pa.--(BUSINESS WIRE)---- $VEL #fraud--INVESTOR ALERT: Law Offices of Howard G.

Business Wire - 5 months ago

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.

Business Wire - 5 months ago

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...

PRNewsWire - 5 months ago

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...

Business Wire - 5 months ago

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...

Business Wire - 5 months ago

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
Full Company Profile

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%.

Financial Statements

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.

Price Target
$7.50
(4.17% upside)
Analyst Consensus: Buy