Velocity Financial, Inc. (VEL)

NYSE: VEL · Real-Time Price · USD
17.46
+0.01 (0.06%)
At close: Jun 5, 2026, 4:00 PM EDT
17.49
+0.03 (0.17%)
After-hours: Jun 5, 2026, 7:00 PM EDT
Market Cap685.40M +14.8%
Revenue (ttm)271.59M +52.6%
Net Income107.10M +54.9%
EPS2.80 +44.3%
Shares Out 39.26M
PE Ratio6.24
Forward PE6.56
Dividendn/a
Ex-Dividend Daten/a
Volume55,547
Open17.47
Previous Close17.45
Day's Range17.20 - 17.69
52-Week Range16.19 - 21.40
Beta0.71
AnalystsHold
Price Target22.17 (+26.98%)
Earnings DateMay 6, 2026

About VEL

Velocity Financial, Inc. operates as a real estate finance company in the United States. The company originates, securitizes, and manages a portfolio of loans, which are secured by real estate, including investor loans unit residential rental properties; residential rental properties office; and loans for multi-family, mixed use, and commercial properties. The company also provides warehouse and other properties. It offers its products through a network of independent mortgage brokers and direct borrower relationships. The company was founded i... [Read more]

Sector Financials
IPO Date Jan 17, 2020
Employees 371
Stock Exchange NYSE
Ticker Symbol VEL
Full Company Profile

Financial Performance

In 2025, Velocity Financial's revenue was $225.61 million, an increase of 27.00% compared to the previous year's $177.65 million. Earnings were $103.71 million, an increase of 53.45%.

Financial Statements

Analyst Summary

According to 3 analysts, the average rating for VEL stock is "Hold." The 12-month stock price target is $22.17, which is an increase of 26.98% from the latest price.

Price Target
$22.17
(26.98% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Velocity Financial names Dean Thevaos as Chief Technology Officer

Velocity Financial (VEL) “announced the appointment of Dean Thevaos as Chief Technology Officer, effective June 1. Thevaos will lead Velocity’s technology and engineering organization, with a mandate ...

4 days ago - TheFly

Velocity Appoints Dean Thevaos as Chief Technology Officer

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in investor real estate loans, today announced the appointment of Dean Thevaos as Chi...

4 days ago - Business Wire

Velocity Financial Transcript: AGM 2026

The meeting confirmed a legal quorum and approved all proposals, including director reelections, executive compensation for 2025, and the ratification of the independent auditor for 2026. Final vote counts will be disclosed in the meeting minutes and on Form 8-K.

16 days ago - Transcripts

Velocity Financial price target raised to $23.50 from $22 at Citizens

Citizens raised the firm’s price target on Velocity Financial (VEL) to $23.50 from $22 and keeps an Outperform rating on the shares. The firm updated its model following the Q1…

4 weeks ago - TheFly

Velocity Financial reports Q1 core EPS 68c, consensus 64c

Reports diluted book value per common share of $17.75, an increase of 19.4% from $14.87 as of March 31, 2025. The company said, “Velocity continued to deliver impressive earnings in…

4 weeks ago - TheFly

Velocity Financial Earnings Call Transcript: Q1 2026

Q1 2026 saw 30% year-over-year core net income growth, a 25.6% increase in the loan portfolio, and a stable 3.56% NIM. Liquidity and capital strength improved with a $500 million unsecured debt issuance, while origination volumes and ROE are expected to remain strong through 2026.

4 weeks ago - Transcripts

Velocity Financial Slides: Q1 2026

Velocity Financial has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 6, 2026.

4 weeks ago - Filings

Velocity Financial Earnings release: Q1 2026

Velocity Financial released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.

4 weeks ago - Filings

Velocity Financial Quarterly report: Q1 2026

Velocity Financial has published its Q1 2026 quarterly earnings report on May 6, 2026.

4 weeks ago - Filings

Velocity Financial, Inc. Reports First Quarter 2026 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $22.4 million and core net income ...

4 weeks ago - Business Wire

Velocity Financial, Inc. Announces Date of First Quarter 2026 Financial Results Webcast and Conference Call

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in investor real estate loans, will release its first quarter 2026 results after the ...

6 weeks ago - Business Wire

Velocity Financial Proxy statement: Proxy filing

Velocity Financial filed a proxy statement on April 10, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

Velocity Financial Proxy statement: Proxy filing

Velocity Financial filed a proxy statement on April 10, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

Velocity Financial Earnings Call Transcript: Q4 2025

Record 2025 results included 52% net income growth, 49% higher originations, and a 28% larger portfolio, with robust liquidity and capital markets support. NPLs declined, margins remained stable, and management expects continued growth in 2026.

3 months ago - Transcripts

Velocity Financial Annual report: Q4 2025

Velocity Financial has published its Q4 2025 annual report on March 11, 2026.

3 months ago - Filings

Velocity Financial Earnings release: Q4 2025

Velocity Financial released its Q4 2025 earnings on March 11, 2026, summarizing the period's financial results.

3 months ago - Filings

Velocity Financial Slides: Q4 2025

Velocity Financial has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on March 11, 2026.

3 months ago - Filings

Velocity Financial reports Q4 core EPS 93c, consensus 67c

Reports Q4 revenue $102.904M vs $71.17M last year. “Velocity delivered impressive earnings in the fourth quarter and full year 2025,” said Chris Farrar, President and CEO. “The Company’s record full-y...

3 months ago - TheFly

Velocity Financial, Inc. Reports Fourth Quarter and Full-Year 2025 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $105.1 million and core net income...

3 months ago - Business Wire

Velocity Financial, Inc. Announces Closing of Offering of $500 Million of Senior Notes Due 2031

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (“Velocity” or the “Company”), a leader in investor real estate loans, today announced the closing of Velocity Commercia...

4 months ago - Business Wire

Velocity Financial, Inc. Announces Date of Fourth Quarter and Full Year 2025 Financial Results Webcast and Conference Call

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in investor real estate loans, will release its fourth quarter and full year 2025 res...

4 months ago - Business Wire

Velocity Financial, Inc. Announces Pricing of $500 Million of Senior Notes Due 2031

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (“Velocity” or the “Company”), a leader in investor real estate loans, today announced that Velocity Commercial Capital,...

4 months ago - Business Wire

Velocity Financial sees FY25 EPS at least $2.75, consensus $2.70

Sees FY25 total loan originations approximately $2.72B. Sees FY25 nonperforming loans between 8.5%-8.6% of total loan unpaid principal balance. “2025 was an exceptional year for Velocity, with record ...

4 months ago - TheFly

Velocity Financial sees Q4 EPS at least 90c, consensus 67c

Sees Q4 net interest margin at least 3.55%. Sees Q4 total loan originations approximately $635M.

4 months ago - TheFly

Velocity Financial, Inc. Announces Proposed Offering of $500 Million of Senior Notes Due 2031

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL), (“Velocity” or the “Company”), a leader in investor real estate loans, today announced that Velocity Commercial Capital...

4 months ago - Business Wire