Velocity Financial, Inc.

VEL

US92262D1019

Consumer Lending

Market Closed - Nyse Other stock markets 16:00:02 2024-06-06 EDT			5-day change	1st Jan Change
18.67 ^USD	0.00%		+3.32%	+8.42%

05-03	Sector Update: Financial Stocks Advance Late Afternoon	MT
05-03	Velocity Financial Q1 Core Earnings, Net Revenue Gain	MT

Velocity Financial, Inc. Provides Earnings Guidance for the Fourth Quarter of 2021

January 21, 2022 at 09:00 am

Velocity Financial, Inc. provided earnings guidance for the fourth quarter of 2021. For the quarter, the company expected net income to be in the range of $8.2 million and $8.6 million. Diluted EPS expected to be in the range of $0.24 and $0.25.

Latest news about Velocity Financial, Inc.

Sector Update: Financial Stocks Advance Late Afternoon	05-03	MT
Velocity Financial Q1 Core Earnings, Net Revenue Gain	05-03	MT
Transcript : Velocity Financial, Inc., Q1 2024 Earnings Call, May 02, 2024	05-02
Earnings Flash (VEL) VELOCITY FINANCIAL Posts Q1 EPS $0.51, vs. Street Est of $0.39	05-02	MT
Velocity Financial, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	05-02	CI
JMP Securities Adjusts Velocity Financial's Price Target to $19 From $17.50, Keeps Market Outperform Rating	04-30	MT
Raymond James Raises Velocity Financial's Price Target to $20 From $17.50, Maintains Outperform Rating	03-15	MT
Citigroup Raises Price Target on Velocity Financial to $18 From $17, Maintains Neutral Rating	03-11	MT
BTIG Adjusts Price Target on Velocity Financial to $18 From $17, Maintains Buy Rating	03-11	MT
Wells Fargo Adjusts Velocity Financial's Price Target to $18 From $14, Keeps Overweight Rating	03-08	MT
Transcript : Velocity Financial, Inc., Q4 2023 Earnings Call, Mar 07, 2024	03-07
Earnings Flash (VEL) VELOCITY FINANCIAL Reports Q4 EPS $0.46, vs. Street Est of $0.38	03-07	MT
Velocity Financial, Inc. Announces Impairment Charges for the Fourth Quarter 2023	03-07	CI
Velocity Financial, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	03-07	CI
Velocity Financial, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	03-07	CI
BTIG Adjusts Price Target on Velocity Financial o $17 From $14, Maintains Buy Rating	12-12	MT
Transcript : Velocity Financial, Inc., Q3 2023 Earnings Call, Nov 02, 2023	11-02
Earnings Flash (VEL) VELOCITY FINANCIAL Reports Q3 EPS $0.37, vs. Street Est of $0.35	11-02	MT
Velocity Financial, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2023	11-02	CI
BTIG Initiates Velocity Financial at Buy Rating With $14 Price Target	23-10-23	MT
Citigroup Adjusts Velocity Financial's Price Target to $13 From $14, Keeps Neutral Rating	23-10-06	MT
Raymond James Adjusts Price Target on Velocity Financial to $17.50 From $12.50, Maintains Outperform Rating	23-08-08	MT
Transcript : Velocity Financial, Inc., Q2 2023 Earnings Call, Aug 03, 2023	23-08-03
Earnings Flash (VEL) VELOCITY FINANCIAL Reports Q2 EPS $0.38, vs. Street Est of $0.33	23-08-03	MT
Velocity Financial, Inc. Announces Impairment Charges for the Second Quarter Ended June 30, 2023	23-08-03	CI

Chart Velocity Financial, Inc.

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Company Profile

Velocity Financial, Inc. is a vertically integrated real estate finance company that primarily originates and manages business purpose loans secured by 1-4-unit residential rental and small commercial properties. It originates loans nationwide across its network of independent mortgage brokers. The Company's portfolio provides loans held for investment. The Companyâs typical investor real estate loan is secured by a first lien on the underlying property with the added protection of a personal guarantee. Its portfolio of loans held for investment totaled $4.1 billion of unpaid principal balance (UPB) on properties in 45 states and the District of Columbia. The Company funds its portfolio primarily through a combination of committed and uncommitted secured warehouse facilities, securitized debt, corporate debt and equity.

Sector

Consumer Lending

Calendar

2024-07-31 - Q2 2024 Earnings Release (Projected)

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Russell 2000

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Ratings for Velocity Financial, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

18.67 USD

Average target price

19.75 USD

Spread / Average Target

+5.78%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

Company calendar

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