Velocity Financial, Inc. (VEL)
| Market Cap | 680.20M |
| Revenue (ttm) | 177.99M |
| Net Income (ttm) | 69.20M |
| Shares Out | 36.49M |
| EPS (ttm) | 1.94 |
| PE Ratio | 9.61 |
| Forward PE | 8.32 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 77,194 |
| Open | 18.54 |
| Previous Close | 18.41 |
| Day's Range | 18.36 - 18.65 |
| 52-Week Range | 16.12 - 20.98 |
| Beta | 1.22 |
| Analysts | Buy |
| Price Target | 21.20 (+13.73%) |
| Earnings Date | Jul 31, 2025 |
About VEL
Velocity Financial, Inc. operates as a real estate finance company in the United States. It originates, securitizes, and manages a portfolio of loans, which are secured by real estate, including investor 1-4 unit residential rental properties; residential apartments combined with office or retail space; 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 w... [Read more]
Financial Performance
In 2024, Velocity Financial's revenue was $177.65 million, an increase of 44.76% compared to the previous year's $122.72 million. Earnings were $67.58 million, an increase of 31.18%.
Financial StatementsAnalyst Summary
According to 5 analysts, the average rating for VEL stock is "Buy." The 12-month stock price target is $21.2, which is an increase of 13.73% from the latest price.
News
Velocity Financial: Another Good Performance And Potential Acquisition Target
Velocity Financial continues to impress with its vertically integrated real estate finance model, though share performance has lagged expectations. The company's main revenue streams are interest inco...
Velocity Financial, Inc. (VEL) Q1 2025 Earnings Call Transcript
Velocity Financial, Inc. (NYSE:VEL) Q1 2025 Results Conference Call May 1, 2025 5:00 PM ET Company Participants Chris Oltmann - Director, Investor Relations Chris Farrar - President & Chief Executive...
Velocity Financial, Inc. Reports First Quarter 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 $18.9 million and core net income ...
Velocity Financial Is Firing On All Cylinders
Velocity Financial produced another strong quarter, with shares still in the same trading range, and management is optimistic about FY25. The company's business is less rate-sensitive, focusing on rea...
Velocity Financial, Inc. (VEL) Q4 2024 Earnings Call Transcript
Velocity Financial, Inc. (NYSE:VEL) Q4 2024 Earnings Conference Call March 6, 2025 5:00 PM ET Company Participants Chris Oltmann - Director, Investor Relations Chris Farrar - President & Chief Execut...
Velocity Financial, Inc. Reports Fourth Quarter and Full Year 2024 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 $68.4 million and core net income ...
Velocity Financial, Inc. Announces Date of Fourth Quarter and Full-Year 2024 Financial Results Webcast and Conference Call
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in commercial investor loans, will release its fourth quarter and full-year 2024 resu...
Velocity Financial, Inc. (VEL) Q3 2024 Earnings Call Transcript
Velocity Financial, Inc. (NYSE:VEL) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Chris Oltmann - Director of Investor Relations Chris Farrar - President & CEO Mar...
Velocity Financial, Inc. Reports Third Quarter 2024 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 $15.8 million and core net income ...
Velocity Financial, Inc. Announces Date of Third Quarter 2024 Financial Results Webcast and Conference Call
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in commercial investor loans, will release its third quarter 2024 results after the m...
Velocity Financial Should Continue To Do Well
Velocity Financial benefits from bank constraints, showing impressive growth by targeting smaller investors and leveraging its 19-year reputation and automated data analytics systems. The company's gr...
Velocity Financial, Inc. (VEL) Q2 2024 Earnings Call Transcript
Velocity Financial, Inc. (NYSE:VEL) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Chris Oltmann - Treasurer Chris Farrar - President & CEO Mark Szczepaniak - CFO Con...
Velocity Financial, Inc. Reports Second Quarter 2024 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 $14.7 million and core net income ...
Velocity Financial, Inc. Announces Date of Second Quarter 2024 Financial Results Webcast and Conference Call
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in commercial investor loans, will release its second quarter 2024 results after the ...
Velocity Financial: A Steady Growth Company With Modest Valuation
Velocity Financial is a real estate finance company specializing in investor loans secured by residential and commercial properties. The company's growth drivers include expanding its mortgage broker ...
Velocity Commercial Capital Securitization Ratings Affirmed and Upgraded by Kroll Bond Rating Agency
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL), (“Velocity” or the “Company”), a leader in business purpose loans, today announced that Kroll Bond Rating Agency (“KBRA...
Velocity Financial, Inc. (VEL) Q1 2024 Earnings Call Transcript
Velocity Financial, Inc. (NYSE:VEL) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Chris Oltmann - Treasurer Chris Farrar - President & Chief Executive Officer Mark Szcz...
Velocity Financial, Inc. Reports First Quarter 2024 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 $17.3 million and core net income ...
Velocity Financial, Inc. Announces Date of First Quarter 2024 Financial Results Webcast and Conference Call
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in commercial investor loans, will release its first quarter 2024 results after the m...
Velocity Financial, Inc. (VEL) Q4 2023 Earnings Call Transcript
Velocity Financial, Inc. (NYSE:VEL) Q4 2023 Results Conference Call March 7, 2024 5:00 PM ET
Velocity Financial, Inc. Corrects Typographical Error in Fourth Quarter and Full-Year 2023 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), filed its fourth quarter and full year 2023 results on March 7, 2024. It has recently come to ...
Velocity Financial, Inc. Reports Fourth Quarter and Full-Year 2023 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 $52.3 million and core net income ...
Velocity Financial, Inc. Announces Issuance of $75 Million of Senior Secured Notes
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL), (“Velocity” or the “Company”), a leader in business purpose loans, today announced the issuance of $75 million principa...
Velocity Financial, Inc. Announces Date of Fourth Quarter and Full-Year 2023 Financial Results Webcast and Conference Call
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in commercial investor loans, will release its fourth quarter and full-year 2023 resu...
Velocity Financial, Inc. (VEL) Q3 2023 Earnings Call Transcript
Velocity Financial, Inc. (NYSE:VEL) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Chris Oltmann - Treasurer Chris Farrar - President and CEO Mark Szczepaniak - Chi...