Velocity Financial, Inc. (VEL)
| 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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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...
Velocity Commercial Capital Securitization Ratings Upgraded and Affirmed by Kroll Bond Rating Agency
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...
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...
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 ...
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...
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...
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...
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.
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...
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...
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...
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...
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 earnings per c...
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...
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 ...
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...
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/...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 Company’s init...
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...
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...
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 securities of ...
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 Financial,...
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 "Company") ...
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.
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 |
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%.
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.