Velocity Financial Stock (NYSE:VEL)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$19.42

52W Range

$10.57 - $20.37

50D Avg

$18.71

200D Avg

$17.24

Market Cap

$646.30M

Avg Vol (3M)

$40.63K

Beta

1.03

Div Yield

-

VEL Company Profile


Velocity Financial, Inc. operates as a real estate finance company in the United States. It primarily originates and manages investor loans secured by 1–4 unit residential rental and small commercial properties. The company offers its products through a network of independent mortgage brokers. Velocity Financial, Inc. was founded in 2004 and is headquartered in Westlake Village, California.

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Industry

Financial - Mortgages

Sector

Financial Services

Exchange

NYSE

ADR

-

Country

US

Employees

253

IPO Date

Jan 17, 2020

Website

VEL Performance


VEL Financial Summary


Dec 23Dec 22Dec 21
Revenue$376.69M$93.08M$75.88M
Operating Income$276.07M$171.97M$39.79M
Net Income$51.52M$32.21M$29.22M
EBITDA$275.30M$174.08M$42.20M
Basic EPS$1.49$1.01$0.90
Diluted EPS$1.49$0.94$0.86

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q2 24Aug 03, 24 | 12:12 PM
Q1 24May 03, 24 | 12:18 PM
Q4 23Mar 08, 24 | 10:55 AM

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