Velocity Financial, Inc. (VEL)
NYSE: VEL · Real-Time Price · USD
20.14
+0.07 (0.35%)
Nov 20, 2024, 4:00 PM EST - Market closed

Velocity Financial Statistics

Total Valuation

VEL has a market cap or net worth of $666.93 million.

Market Cap 666.93M
Enterprise Value n/a

Important Dates

The last earnings date was Thursday, November 7, 2024, after market close.

Earnings Date Nov 7, 2024
Ex-Dividend Date n/a

Share Statistics

VEL has 33.11 million shares outstanding. The number of shares has increased by 3.60% in one year.

Current Share Class 33.11M
Shares Outstanding 33.11M
Shares Change (YoY) +3.60%
Shares Change (QoQ) +0.83%
Owned by Insiders (%) 3.74%
Owned by Institutions (%) 44.86%
Float 3.10M

Valuation Ratios

The trailing PE ratio is 10.96 and the forward PE ratio is 9.58. VEL's PEG ratio is 0.27.

PE Ratio 10.96
Forward PE 9.58
PS Ratio 4.05
Forward PS 3.11
PB Ratio 1.38
P/TBV Ratio 1.40
P/FCF Ratio 21.98
P/OCF Ratio 21.77
PEG Ratio 0.27
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales n/a
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 8.85, with a Debt / Equity ratio of 9.38.

Current Ratio 8.85
Quick Ratio 8.72
Debt / Equity 9.38
Debt / EBITDA n/a
Debt / FCF 150.75
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 14.28%.

Return on Equity (ROE) 14.28%
Return on Assets (ROA) 1.39%
Return on Capital (ROIC) n/a
Revenue Per Employee $639,640
Profits Per Employee $254,482
Employee Count 253
Asset Turnover 0.03
Inventory Turnover n/a

Taxes

In the past 12 months, VEL has paid $21.83 million in taxes.

Income Tax 21.83M
Effective Tax Rate 25.19%

Stock Price Statistics

The stock price has increased by +36.82% in the last 52 weeks. The beta is 1.03, so VEL's price volatility has been similar to the market average.

Beta (5Y) 1.03
52-Week Price Change +36.82%
50-Day Moving Average 19.58
200-Day Moving Average 18.21
Relative Strength Index (RSI) 62.27
Average Volume (20 Days) 40,472

Short Selling Information

The latest short interest is 878,592, so 2.65% of the outstanding shares have been sold short.

Short Interest 878,592
Short Previous Month 888,615
Short % of Shares Out 2.65%
Short % of Float 28.31%
Short Ratio (days to cover) 31.18

Income Statement

In the last 12 months, VEL had revenue of $161.83 million and earned $64.38 million in profits. Earnings per share was $1.84.

Revenue 161.83M
Gross Profit 124.12M
Operating Income 86.66M
Pretax Income 82.75M
Net Income 64.38M
EBITDA n/a
EBIT n/a
Earnings Per Share (EPS) $1.84
Full Income Statement

Balance Sheet

The company has $44.09 million in cash and $4.57 billion in debt, giving a net cash position of -$4.53 billion or -$136.80 per share.

Cash & Cash Equivalents 44.09M
Total Debt 4.57B
Net Cash -4.53B
Net Cash Per Share -$136.80
Equity (Book Value) 487.69M
Book Value Per Share 14.64
Working Capital 4.52B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $30.64 million and capital expenditures -$298,000, giving a free cash flow of $30.34 million.

Operating Cash Flow 30.64M
Capital Expenditures -298,000
Free Cash Flow 30.34M
FCF Per Share $0.92
Full Cash Flow Statement

Margins

Gross margin is 76.70%, with operating and profit margins of 53.55% and 40.28%.

Gross Margin 76.70%
Operating Margin 53.55%
Pretax Margin 53.55%
Profit Margin 40.28%
EBITDA Margin n/a
EBIT Margin n/a
FCF Margin 18.93%

Dividends & Yields

VEL does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -3.60%
Shareholder Yield -3.60%
Earnings Yield 9.65%
FCF Yield 4.55%

Analyst Forecast

The average price target for VEL is $20.80, which is 3.28% higher than the current price. The consensus rating is "Buy".

Price Target $20.80
Price Target Difference 3.28%
Analyst Consensus Buy
Analyst Count 5
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 4