NYSE
VEL

Velocity Financial Llc

Mortgage Finance
Financial Services

Prices are adjusted according to historical splits.

Velocity Financial Llc Stock Price

Vitals

Today's Low:
$16.05
Today's High:
$16.74
Open Price:
$16.73
52W Low:
$7.81
52W High:
$15.55
Prev. Close:
$16.74
Volume:
1324

Company Statistics

Market Cap.:
$399.72 million
Book Value:
12.269
Revenue TTM:
$104.10 million
Operating Margin TTM:
55.06%
Gross Profit TTM:
$76.81 million
Profit Margin:
39.65%
Return on Assets TTM:
1.14%
Return on Equity TTM:
10.85%

Company Profile

Velocity Financial Llc had its IPO on 2020-01-17 under the ticker symbol VEL.

The company operates in the Financial Services sector and Mortgage Finance industry. Velocity Financial Llc has a staff strength of 194 employees.

Stock update

Shares of Velocity Financial Llc opened at $16.73 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of $16.05 - $16.74, and closed at $16.74.

This is a 0% increase from the previous day's closing price.

A total volume of 1,324 shares were traded at the close of the day’s session.

In the last one week, shares of Velocity Financial Llc have slipped by -0.42%.

Velocity Financial Llc's Key Ratios

Velocity Financial Llc has a market cap of $399.72 million, indicating a price to book ratio of 0.8554 and a price to sales ratio of 3.4361.

In the last 12-months Velocity Financial Llc’s revenue was $104.10 million with a gross profit of $76.81 million and an EBITDA of $0. The EBITDA ratio measures Velocity Financial Llc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Velocity Financial Llc’s operating margin was 55.06% while its return on assets stood at 1.14% with a return of equity of 10.85%.

In Q2, Velocity Financial Llc’s quarterly earnings growth was a positive 14.2% while revenue growth was a positive 6.4%.

Velocity Financial Llc’s PE and PEG Ratio

Forward PE
0
Trailing PE
10.2521
PEG

Its diluted EPS in the last 12-months stands at $1.19 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Velocity Financial Llc’s profitability.

Velocity Financial Llc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.4361.

Velocity Financial Llc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$3.95 billion
Total Liabilities
$235.75 million
Operating Cash Flow
$-141031000.00
Capital Expenditure
$48000
Dividend Payout Ratio
0%

Velocity Financial Llc ended 2024 with $3.95 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.95 billion while shareholder equity stood at $401.71 million.

Velocity Financial Llc ended 2024 with $0 in deferred long-term liabilities, $235.75 million in other current liabilities, 329000.00 in common stock, $99.47 million in retained earnings and $6.78 million in goodwill. Its cash balance stood at $33.99 million and cash and short-term investments were $33.99 million. The company’s total short-term debt was $235,749,000 while long-term debt stood at $3.45 billion.

Velocity Financial Llc’s total current assets stands at $57.90 million while long-term investments were $3.76 billion and short-term investments were $0. Its net receivables were $87.80 million compared to accounts payable of $95.34 million and inventory worth $0.

In 2024, Velocity Financial Llc's operating cash flow was $-141031000.00 while its capital expenditure stood at $48000.

Comparatively, Velocity Financial Llc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$16.74
52-Week High
$15.55
52-Week Low
$7.81
Analyst Target Price
$12.25

Velocity Financial Llc stock is currently trading at $16.74 per share. It touched a 52-week high of $15.55 and a 52-week low of $15.55. Analysts tracking the stock have a 12-month average target price of $12.25.

Its 50-day moving average was $18.65 and 200-day moving average was $21.94 The short ratio stood at 15.62 indicating a short percent outstanding of 0%.

Around 232.6% of the company’s stock are held by insiders while 9703.5% are held by institutions.

Frequently Asked Questions About Velocity Financial Llc

The stock symbol (also called stock or share ticker) of Velocity Financial Llc is VEL

The IPO of Velocity Financial Llc took place on 2020-01-17

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About

Velocity Financial, Inc. operates as a real estate finance company in the United States. The company originates and acquire loans, which is secured by mortgage liens on income-producing and/or owner/user commercial properties, including investor 1-4, a non-owner occupied residential rental properties with 1-4 units; residential apartments combined with office or retail space; and multi-family comprising traditional apartment buildings, condominiums, and other residential properties with 5+ units. It also finances for retail properties with various types of retail products and merchandise or services; commercial properties occupied by professional or business offices; and warehouse and other properties, which include self-storage units, auto services, hospitality, light industrial, and other commercial enterprises, as well as provides short-term and interest-only loans for acquisition and improvement of 1-4-unit residential properties. The company offers its products through a network of independent mortgage brokers for independent real estate investors and small business owners. Velocity Financial, Inc. was founded in 2004 and is headquartered in Westlake Village, California.

Address

30699 Russell Ranch Road, Westlake Village, CA, United States, 91362