Velocity Financial, Inc. (VEL)
NYSE: VEL · Real-Time Price · USD
20.23
-0.19 (-0.93%)
Dec 20, 2024, 4:00 PM EST - Market closed
Velocity Financial Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Velocity Financial stock have an average target of 20.8, with a low estimate of 18 and a high estimate of 23. The average target predicts an increase of 2.82% from the current stock price of 20.23.
Analyst Consensus: Buy
* Price targets were last updated on Nov 12, 2024.
Analyst Ratings
The average analyst rating for VEL stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BTIG | BTIG | Strong Buy Maintains $20 → $23 | Strong Buy | Maintains | $20 → $23 | +13.69% | Nov 12, 2024 |
| Wells Fargo | Wells Fargo | Buy → Sell Downgrades $20 | Buy → Sell | Downgrades | $20 | -1.14% | Sep 20, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $21 | Buy | Reiterates | $21 | +3.81% | Sep 16, 2024 |
| BTIG | BTIG | Strong Buy Maintains $18 → $20 | Strong Buy | Maintains | $18 → $20 | -1.14% | Aug 2, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $19 → $21 | Buy | Maintains | $19 → $21 | +3.81% | Aug 2, 2024 |
Financial Forecast
Revenue This Year
178.42M
Revenue Next Year
197.86M
from 178.42M
Increased by 10.90%
EPS This Year
1.93
from 1.52
Increased by 27.59%
EPS Next Year
2.21
from 1.93
Increased by 14.49%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 230.9M | 242.1M |
| Avg | 178.4M | 197.9M |
| Low | 130.7M | 158.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | - | 35.7% |
| Avg | - | 10.9% |
| Low | - | -11.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.06 | 3.15 | 2.31 |
| Avg | 1.93 | 2.21 | 2.22 |
| Low | 1.86 | 1.81 | 2.16 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 35.8% | 62.9% | 4.3% |
| Avg | 27.6% | 14.5% | 0.3% |
| Low | 22.8% | -6.3% | -2.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.