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Velocity Financial, Inc. (VEL)

Stock Price: $13.22 USD 0.22 (1.69%)
Updated Jul 26, 2021 4:00 PM EDT - Market closed
Market Cap 267.38M
Revenue (ttm) 68.14M
Net Income (ttm) -31.64M
Shares Out 20.57M
EPS (ttm) -1.58
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day July 26
Last Price $13.22
Previous Close $13.00
Change ($) 0.22
Change (%) 1.69%
Day's Open 13.00
Day's Range 13.00 - 13.25
Day's Volume 17,790
52-Week Range 3.55 - 13.50

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3 Mortgage & Related Services Stocks to Battle Industry Woes

Other stocks mentioned: EFC, WD
3 weeks ago - Zacks Investment Research

The logic behind this strategy for stock selection is to identify stocks that are trading within a narrow band.

Other stocks mentioned: DLTH, GNK, HBIO
3 weeks ago - Zacks Investment Research

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL), ("Velocity" or the "Company"), a leading provider of small balance investor loans, today announced that it has closed its...

2 months ago - Business Wire

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL), (“Velocity” or the “Company”), a leading provider of small balance investor loans, today announced that Kroll Bond Rating...

2 months ago - Business Wire

Velocity Financial (VEL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down...

2 months ago - Zacks Investment Research

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (“Velocity” or the “Company”) reported net income of $3.40 million and core income of $6.72 million for 1Q21, compared to ...

2 months ago - Business Wire

NEW YORK, May 6, 2021 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty clai...

2 months ago - PRNewsWire

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in small balance investor loans, announced today that it is scheduled to release its fi...

3 months ago - Business Wire

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (“Velocity” or the “Company”) reported net income and core income of $9.6 million for the fourth quarter of 2020 and dilut...

4 months ago - Business Wire

Velocity Financial (VEL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

Velocity Financial (VEL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near t...

4 months ago - Zacks Investment Research

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in small balance investor loans, announced today that it is scheduled to release its fo...

5 months ago - Business Wire

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL), (“Velocity” or the “Company”), a leading provider of small balance investor loans, today announced that it has entered in...

5 months ago - Business Wire

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL), (“Velocity” or the “Company”), a leading provider of small balance investor loans, today announced that a motion to dismi...

5 months ago - Business Wire

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
7 months ago - 24/7 Wall Street

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

8 months ago - Seeking Alpha

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 earnings per c...

8 months ago - Business Wire

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 announced th...

8 months ago - Business Wire

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 traceable to the ...

9 months ago - PRNewsWire

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 Velocity Fina...

9 months ago - Newsfile Corp

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) pursuant and/...

9 months ago - Newsfile Corp

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" or the "Com...

10 months ago - Newsfile Corp

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 action fil...

10 months ago - Business Wire

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 Velocity Finan...

10 months ago - Newsfile Corp

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 filed on be...

10 months ago - PRNewsWire

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 Velocity Finan...

10 months ago - Newsfile Corp

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) pursuant and/o...

10 months ago - Newsfile Corp

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 Velocity Finan...

10 months ago - Newsfile Corp

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 Velocity Fina...

10 months ago - Newsfile Corp

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 filed on be...

10 months ago - PRNewsWire

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.

10 months ago - Newsfile Corp

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 Company’s init...

10 months ago - Business Wire

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 action that ha...

10 months ago - Business Wire

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 action filed on...

10 months ago - PRNewsWire

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

10 months ago - PRNewsWire

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.

10 months ago - Newsfile Corp

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 securities of ...

10 months ago - Newsfile Corp

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.

10 months ago - Newsfile Corp

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

11 months ago - PRNewsWire

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

11 months ago - Business Wire

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

11 months ago - Newsfile Corp

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

11 months ago - Seeking Alpha

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

11 months ago - Business Wire

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 Financial,...

11 months ago - PRNewsWire

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.

11 months ago - PRNewsWire

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 "Company") ...

11 months ago - PRNewsWire

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

11 months ago - Business Wire

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

11 months ago - Business Wire

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.

11 months ago - PRNewsWire

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

11 months ago - Business Wire

About VEL

Velocity Financial, Inc. 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. The company was founded in 2004 and is headquartered in Westlake Village, California.

Industry
Mortgage Finance
IPO Date
Jan 17, 2020
Stock Exchange
NYSE
Ticker Symbol
VEL
Full Company Profile

Financial Performance

In 2020, VEL's revenue was $68.70 million, an increase of 13.51% compared to the previous year's $60.52 million. Earnings were $17.78 million, an increase of 2.80%.

Financial Statements

Analyst Forecasts

According to 4 analysts, the average rating for VEL stock is "Buy." The 12-month stock price forecast is 11.50, which is a decrease of -13.01% from the latest price.

Price Target
$11.50
(-13.01% downside)
Analyst Consensus: Buy