17.01

0.83% +0.14

Velocity Financial Inc (VEL)

Overview News Price History Option Chain Discussions Forecast

Velocity Financial Inc stock is currently priced at $17.01, with a 24-hour trading volume of 8,088. It has seen a +0.83% increased in the last 24 hours and a -6.49% declined in the past month. The chart indicates a potential bullish trend, as the stock is above the $16.88 pivot point. If it approaches the $17.11 resistance level, significant changes may occur.

Previous Close:

$16.87

Open:

$16.74

24h Volume:

8,088

Market Cap:

$561.19M

Revenue:

$155.75M

Net Income/Loss:

$52.27M

P/E Ratio:

14.06

EPS:

1.21

Net Cash Flow:

$48.66M

1W Performance:

+2.29%

1M Performance:

-6.49%

6M Performance:

+50.13%

1Y Performance:

+93.52%

1D Range:

$16.74

$17.18

52W Range:

$8.42

$19.08

Velocity Financial Inc Stock (VEL) Company Profile

Name

Velocity Financial Inc

Sector

Financial (4475)

Industry

Mortgage Finance (23)

Phone

818 532 3700

Address

30699 Russell Ranch Road, Suite 295, Westlake Village, CA

Employee

262

Twitter

Next Earnings Date

2024-05-17

Latest SEC Filings

VEL's Discussions on Twitter

Velocity Financial Inc Stock (VEL) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Oct-13-22	Downgrade	Citigroup	Buy → Neutral

Velocity Financial Inc Stock (VEL) Latest News

Velocity Financial Inc Stock (VEL) Financials Data

Velocity Financial Inc (VEL) Revenue 2024

VEL reported a revenue (TTM) of $155.75 million for the quarter ending December 31, 2023, a +64.74% rise year-over-year.

Velocity Financial Inc (VEL) Net Income 2024

VEL net income (TTM) was $52.27 million for the quarter ending December 31, 2023, a +62.28% increase year-over-year.

Velocity Financial Inc (VEL) Cash Flow 2024

VEL recorded a free cash flow (TTM) of $48.66 million for the quarter ending December 31, 2023, a +0.63% increase year-over-year.

Velocity Financial Inc (VEL) Earnings per Share 2024

VEL earnings per share (TTM) was $1.52 for the quarter ending December 31, 2023, a +61.70% growth year-over-year.

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. Velocity Financial, Inc. was founded in 2004 and is headquartered in Westlake Village, California.