Velocity Financial, Inc. (VEL)
Stock Price:
$4.35 USD
0.08 (1.87%)
Updated Oct 30, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
87.38M |
| Revenue (ttm) |
61.43M |
| Net Income (ttm) |
-35.17M |
| Shares Out |
20.09M |
| EPS (ttm) |
123.83 |
| PE Ratio |
0.04 |
| Forward PE |
n/a |
| Dividend |
n/a |
| Dividend Yield |
n/a |
Stock Quote
| Trading Day |
Oct 30, 2020 |
| Last Price |
$4.35 |
| Previous Close |
$4.27 |
| Change ($) |
0.08 |
| Change (%) |
1.87% |
| Day's Open |
4.29 |
| Day's Range |
4.20 - 4.38 |
| Day's Volume |
13,091 |
| 52-Week Range |
2.24 - 14.90 |
More Stats
| Market Cap |
87.38M |
| Enterprise Value |
1.91B |
| Earnings Date (est) |
n/a |
| Ex-Dividend Date |
n/a |
| Shares Outstanding |
20.09M |
| Float |
12.81M |
| EPS (basic) |
n/a |
| EPS (diluted) |
123.83 |
| FCF / Share |
n/a |
| Dividend |
n/a |
| Dividend Yield |
n/a |
| Earnings Yield |
2,846.67% |
| FCF Yield |
n/a |
| Payout Ratio |
n/a |
| Shares Short |
385,944 |
| Short Ratio |
9.31 |
| Short % of Float |
3.01% |
| Beta |
n/a |
| PE Ratio |
0.04 |
| Forward PE |
n/a |
| P/FCF Ratio |
n/a |
| PS Ratio |
1.42 |
| PB Ratio |
0.41 |
| Revenue |
61.43M |
| Operating Income |
20.17M |
| Net Income |
-35.17M |
| Free Cash Flow |
n/a |
| Net Cash |
-1.82B |
| Net Cash / Share |
-90.53 |
| Gross Margin |
84.55% |
| Operating Margin |
32.84% |
| Profit Margin |
-57.30% |
| FCF Margin |
n/a |
| ROA |
0.68% |
| ROE |
5.86% |
| ROIC |
0.50% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Forecasts
Analyst Ratings (4)
| Buy |
3 |
| Overweight |
1 |
| Hold |
0 |
| Underweight |
0 |
| Sell |
0 |
Price Target
$6.12*
(40.69% upside)
Low
5.00
Current: $4.35
High
7.50
Target: 6.12
*Average 12-month price target from 4 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 |
|---|
| Revenue | 60.52 | 51.41 | 38.13 | 26.85 |
| Revenue Growth | 17.72% | 34.84% | 42% | - |
| Gross Profit | 60.52 | 51.41 | 38.13 | 26.85 |
| Operating Income | 25.40 | 19.25 | 13.99 | 6.80 |
| Net Income | 17.29 | 7.63 | 13.99 | 6.80 |
| Shares Outstanding | 19.00 | 19.00 | - | - |
| Operating Cash Flow | -105 | -72.49 | 37.64 | 29.77 |
| Capital Expenditures | -2.00 | -1.70 | -3.08 | -2.92 |
| Free Cash Flow | -107 | -74.19 | 34.56 | 26.85 |
| Cash & Equivalents | 27.55 | 16.68 | 15.73 | - |
| Total Debt | 2,006 | 1,545 | 1,194 | - |
| Net Cash / Debt | -1,978 | -1,528 | -1,178 | - |
| Assets | 2,215 | 1,735 | 1,372 | - |
| Liabilities | 2,062 | 1,572 | 1,216 | - |
| Book Value | 153 | 163 | 156 | - |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Velocity Financial, Inc. |
| Country |
United States |
| Employees |
262 |
| CEO |
Christopher D. Farrar |
Stock Information
| Ticker Symbol |
VEL |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Financial Services |
| Industry |
Mortgage Finance |
| Unique Identifier |
NYSE: VEL |
| IPO Date |
January 17, 2020 |
Description
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.