Velocity FinancialVEL
VEL
About: Velocity Financial Inc is a United States-based real estate finance company. The company originates and manages investor loans secured by residential rental and small commercial properties. The company earns revenue in the form of interest income. It operates in New York, California, Florida, New Jersey, and other states.
Employees: 309
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
94% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 16
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
4% more funds holding
Funds holding: 69 [Q3] → 72 (+3) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
0.04% less ownership
Funds ownership: 98.59% [Q3] → 98.56% (-0.04%) [Q4]
0% less capital invested
Capital invested by funds: $640M [Q3] → $638M (-$1.66M) [Q4]
19% less call options, than puts
Call options by funds: $16.7M | Put options by funds: $20.6M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$21
18%
upside
Avg. target
$21
18%
upside
High target
$21
18%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Citizens Capital Markets Chris Muller 0% 1-year accuracy 0 / 9 met price target | 18%upside $21 | Market Outperform Reiterated | 7 Mar 2025 |
Financial journalist opinion
Positive
Zacks Investment Research
1 week ago
How Velocity Financial (VEL) Stock Stands Out in a Strong Industry
Velocity Financial (VEL) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Positive
Seeking Alpha
1 month ago
Velocity Financial Is Firing On All Cylinders
Velocity Financial produced another strong quarter, with shares still in the same trading range, and management is optimistic about FY25. The company's business is less rate-sensitive, focusing on real estate investors needing capital for property acquisition and management. Velocity's vertically integrated model involves originating, securitizing, and managing loans secured by various real estate types.
Neutral
Seeking Alpha
1 month ago
Velocity Financial, Inc. (VEL) Q4 2024 Earnings Call Transcript
Velocity Financial, Inc. (NYSE:VEL ) Q4 2024 Earnings Conference Call March 6, 2025 5:00 PM ET Company Participants Chris Oltmann - Director, Investor Relations Chris Farrar - President & Chief Executive Officer Mark Szczepaniak - Chief Financial Officer Conference Call Participants Steven Laws - Raymond James Steve Delaney - Citizen Capital Markets Eric Hagan - BTIG Operator Good day and welcome to the Velocity Financial Fourth Quarter and Full Year 2024 Conference Call. All participants will be in listen-only mode.
Positive
Zacks Investment Research
1 month ago
Velocity Financial (VEL) Beats Q4 Earnings and Revenue Estimates
Velocity Financial (VEL) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.46 per share a year ago.
Neutral
Business Wire
1 month ago
Velocity Financial, Inc. Reports Fourth Quarter and Full Year 2024 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $68.4 million and core net income of $72.9 million for the full year 2024, compared to net income of $52.3 million and core net income of $53.4 million for the full year 2023. Earnings and core earnings per diluted share were $1.91 and $2.03, respectively, for the full year 2024, compared to $1.52 and $1.54 for the full year 2023.
Neutral
Business Wire
2 months ago
Velocity Financial, Inc. Announces Date of Fourth Quarter and Full-Year 2024 Financial Results Webcast and Conference Call
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in commercial investor loans, will release its fourth quarter and full-year 2024 results after the market close on Thursday, March 6, 2025. Velocity's executive management team will host a conference call and webcast to review its financial results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day. Webcast Information The conference call will be webcast live in lis.
Neutral
Seeking Alpha
5 months ago
Velocity Financial, Inc. (VEL) Q3 2024 Earnings Call Transcript
Velocity Financial, Inc. (NYSE:VEL ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Chris Oltmann - Director of Investor Relations Chris Farrar - President & CEO Mark Szczepaniak - CFO Conference Call Participants Stephen Laws - Raymond James Don Fandetti - Wells Fargo Steve Delaney - Citizens JMP Securities Eric Hagen - BTIG Operator Good day and welcome to the Velocity Financial Third Quarter 2024 Conference Call. All participants will be in listen-only mode.
Positive
Zacks Investment Research
5 months ago
Velocity Financial (VEL) Meets Q3 Earnings Estimates
Velocity Financial (VEL) came out with quarterly earnings of $0.47 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.37 per share a year ago.
Neutral
Business Wire
5 months ago
Velocity Financial, Inc. Reports Third Quarter 2024 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $15.8 million and core net income of $16.9 million for 3Q24, compared to net income of $12.1 million and core net income of $12.9 million for 3Q23. Earnings and core earnings per diluted share were $0.44 and $0.47, respectively, for 3Q24, compared to $0.35 and $0.37 for 3Q23. “Velocity continued to expand on this year's considerabl.
Neutral
Business Wire
6 months ago
Velocity Financial, Inc. Announces Date of Third Quarter 2024 Financial Results Webcast and Conference Call
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in commercial investor loans, will release its third quarter 2024 results after the market close on Thursday, November 7, 2024. Velocity's executive management team will host a conference call and webcast to review its financial results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day. Webcast Information The conference call will be webcast live in listen-only mod.
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