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Velocity Financial (VEL) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

VEL Stock Forecast

Velocity Financial (VEL) stock forecast, based on 9 Wall Street analysts, predicts a 12-month average price target of $23.00, with a high of $23.00 and a low of $23.00. This represents a 23.46% increase from the last price of $18.63.

$16 $17 $18 $19 $20 $21 $22 $23 High: $23 Avg: $23 Low: $23 Last Closed Price: $18.63

VEL Stock Rating

Velocity Financial stock's rating consensus is Buy, based on 9 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 7 Buy (77.78%), 1 Hold (11.11%), 1 Sell (11.11%), and 0 Strong Sell (0.00%).

Buy
Total 9 0 1 1 7 Strong Sell Sell Hold Buy Strong Buy

VEL Forecast vs Benchmarks

TypeNameUpside
StockVelocity Financial23.46%
SectorFinancial Services Stocks 2.38%
IndustryMortgage Stocks26.13%

Price Target Trends

1M3M12M
# Anlaysts-12
Avg Price Target-$23.00$22.50
Last Closing Price$18.63$18.63$18.63
Upside/Downside-23.46%20.77%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 2521-1-4
Dec, 2421-1-4
Nov, 2423-1-6
Oct, 2423-1-6
Sep, 2423---5
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 05, 2024Stephen LawsRaymond James$23.00$20.6111.60%23.46%
May 30, 2024Stephen LawsRaymond James$22.00$18.1920.95%18.09%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Dec 05, 2024Raymond JamesOutperformOutperformhold
Sep 20, 2024Wells FargoUnderweightdowngrade
Aug 02, 2024BTIGBuyBuyhold
Aug 02, 2024JMP SecuritiesOutperformOutperformhold
May 30, 2024Raymond JamesOutperformOutperformhold
Apr 30, 2024JMP SecuritiesOutperformOutperformhold
Dec 12, 2023BTIGBuyBuyhold
Oct 06, 2023CitigroupNeutralNeutralhold
Oct 13, 2022UBSBuyinitialise

Financial Forecast

EPS Forecast

$-2 $-1 $0 $1 $2 $3 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-1.55$0.90$1.01$1.49---
Avg Forecast$0.61$0.90$1.26$1.45$1.92$2.19$2.20
High Forecast$0.52$0.76$1.09$1.32$1.74$1.99$2.00
Low Forecast$0.71$1.03$1.59$1.70$2.25$2.57$2.58
Surprise %-354.10%--19.84%2.76%---

Revenue Forecast

$50M $120M $190M $260M $330M $400M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$65.97M$75.88M$93.08M$376.69M---
Avg Forecast$67.00M$115.37M$97.25M$147.12M$176.65M$195.90M$191.49M
High Forecast$59.19M$101.92M$87.03M$136.80M$164.25M$182.15M$191.49M
Low Forecast$74.81M$128.82M$117.12M$166.70M$200.15M$221.96M$191.49M
Surprise %-1.54%-34.23%-4.29%156.03%---

Net Income Forecast

$15M $30M $45M $60M $75M $90M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$17.78M$29.22M$32.21M$51.52M---
Avg Forecast$21.13M$30.97M$43.37M$51.52M$64.38M$73.37M$78.96M
High Forecast$17.93M$26.28M$37.45M$45.46M$60.01M$68.71M$68.94M
Low Forecast$24.33M$35.66M$54.90M$58.68M$77.46M$88.68M$88.98M
Surprise %-15.85%-5.64%-25.73%0.00%---

VEL Forecast FAQ

Is Velocity Financial stock a buy?

Velocity Financial stock has a consensus rating of Buy, based on 9 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 7 Buy, 1 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Velocity Financial is a favorable investment for most analysts.

What is Velocity Financial's price target?

Velocity Financial's price target, set by 9 Wall Street analysts, averages $23 over the next 12 months. The price target range spans from $23 at the low end to $23 at the high end, suggesting a potential 23.46% change from the previous close price of $18.63.

How does Velocity Financial stock forecast compare to the average forecast of its sector, industry, and investment themes?

Velocity Financial stock forecast shows a 23.46% upside, outperforming the average forecast for the financial services stocks sector (2.38%) and underperforming the mortgage stocks industry (26.13%).

What is the breakdown of analyst ratings for Velocity Financial over the past three months?

  • January 2025: 50.00% Strong Buy, 25.00% Buy, 0% Hold, 25.00% Sell, 0% Strong Sell.
  • December 2024: 50.00% Strong Buy, 25.00% Buy, 0% Hold, 25.00% Sell, 0% Strong Sell.
  • November 2024: 33.33% Strong Buy, 50.00% Buy, 0% Hold, 16.67% Sell, 0% Strong Sell.

What is Velocity Financial’s EPS forecast?

Velocity Financial's average annual EPS forecast for its fiscal year ending in December is 1.92 for 2024, a 28.86% increase from the reported $1.49 in 2023. The prediction for 2025 is $2.19, and $2.2 for 2026.

What is Velocity Financial’s revenue forecast?

Velocity Financial's average annual revenue forecast for its fiscal year ending in December is $176.65M for 2024, a -53.10% decrease from the reported $376.69M in 2023. The forecast for 2025 is $195.9M, and $191.49M for 2026.

What is Velocity Financial’s net income forecast?

For its fiscal year ending in December, Velocity Financial's average annual net income forecast is $64.38M for 2024, reflecting an 24.97% increase from the reported $51.52M in 2023. The projection for 2025 is $73.37M, and $78.96M for 2026.