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Financial Services - Financial - Mortgages - NYSE - US
$ 17.25
-3.9 %
$ 587 M
Market Cap
9.03
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one VEL stock under the worst case scenario is HIDDEN Compared to the current market price of 17.2 USD, Velocity Financial, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one VEL stock under the base case scenario is HIDDEN Compared to the current market price of 17.2 USD, Velocity Financial, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one VEL stock under the best case scenario is HIDDEN Compared to the current market price of 17.2 USD, Velocity Financial, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
212 M REVENUE
60.75%
101 M OPERATING INCOME
31.95%
68.5 M NET INCOME
30.93%
37.8 M OPERATING CASH FLOW
-22.69%
-1.05 B INVESTING CASH FLOW
-78.73%
1.02 B FINANCING CASH FLOW
89.68%
63.6 M REVENUE
38.92%
0 OPERATING INCOME
0.00%
20.8 M NET INCOME
29.78%
33.3 M OPERATING CASH FLOW
289.36%
-356 M INVESTING CASH FLOW
-27.29%
326 M FINANCING CASH FLOW
14.55%
Balance Sheet Velocity Financial, Inc.
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Current Assets 86.5 M
Cash & Short-Term Investments 49.9 M
Receivables 36.6 M
Other Current Assets 0
Non-Current Assets 22 M
Long-Term Investments 0
PP&E 1.65 M
Other Non-Current Assets 20.4 M
Current Liabilities 148 M
Accounts Payable 148 M
Short-Term Debt 348 M
Other Current Liabilities -348 M
Non-Current Liabilities 4.51 B
Long-Term Debt 4.51 B
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Velocity Financial, Inc.
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Revenue 212 M
Cost Of Revenue 0
Gross Profit 212 M
Operating Expenses 140 M
Operating Income 101 M
Other Expenses 32.9 M
Net Income 68.5 M
RATIOS
100.00% GROSS MARGIN
100.00%
47.89% OPERATING MARGIN
47.89%
32.31% NET MARGIN
32.31%
13.24% ROE
13.24%
1.24% ROA
1.24%
23.32% ROIC
23.32%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Velocity Financial, Inc.
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Net Income 68.5 M
Depreciation & Amortization 2 M
Capital Expenditures -289 K
Stock-Based Compensation 6.16 M
Change in Working Capital 0
Others -27.4 M
Free Cash Flow 37.5 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Velocity Financial, Inc.
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Wall Street analysts predict an average 1-year price target for VEL of $22.5 , with forecasts ranging from a low of $22 to a high of $23 .
VEL Lowest Price Target Wall Street Target
22 USD 27.54%
VEL Average Price Target Wall Street Target
22.5 USD 30.43%
VEL Highest Price Target Wall Street Target
23 USD 33.33%
4. DIVIDEND ANALYSIS
5. COMPETITION
6. Ownership
Insider Ownership Velocity Financial, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 years ago
Mar 13, 2023
Bought 24.8 K USD
Pitstick John
Director
+ 3000
8.27 USD
4 years ago
Sep 04, 2020
Bought 23.9 K USD
Pitstick John
Director
+ 5000
4.78 USD
4 years ago
Aug 18, 2020
Bought 5.02 K USD
Taylor Jeffrey T.
Executive VP, Capital Markets
+ 1200
4.1797 USD
4 years ago
Aug 18, 2020
Bought 20.5 K USD
Farrar Christopher D.
Chief Executive Officer
+ 5000
4.1 USD
4 years ago
May 29, 2020
Bought 76.7 K USD
Pitstick John
Director
+ 20000
3.8356 USD
4 years ago
May 26, 2020
Bought 20.8 K USD
Szczepaniak Mark R
Chief Financial Officer
+ 6400
3.25 USD
4 years ago
May 19, 2020
Bought 3.42 K USD
Taylor Jeffrey T.
Executive VP, Capital Markets
+ 1200
2.85 USD
4 years ago
May 21, 2020
Bought 3.37 K USD
Oltmann Christopher J
Chief Accounting Officer
+ 1000
3.37 USD
4 years ago
May 19, 2020
Bought 10.2 K USD
Comley Graham M
See Remarks
+ 4000
2.56 USD
4 years ago
May 19, 2020
Bought 4.16 K USD
Cowell Joseph A
Chief Operating Officer
+ 1500
2.77 USD
5 years ago
Jan 24, 2020
Bought 9.94 K USD
Cowell Joseph A
Chief Operating Officer
+ 722
13.77 USD
5 years ago
Jan 24, 2020
Bought 10.4 K USD
Oltmann Christopher J
Chief Accounting Officer
+ 750
13.91 USD
7. News
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. seekingalpha.com - 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. seekingalpha.com - 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. zacks.com - 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. businesswire.com - 1 month 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. businesswire.com - 2 months ago
Velocity Financial price target raised to $23 from $20 at BTIG BTIG raised the firm's price target on Velocity Financial to $23 from $20 and keeps a Buy rating on the shares after its Q3 results. The stock's valuation has remained especially stable against this recent move up in rates, unlike the majority of residential and commercial lenders whose read-thru for forward loan production may be more sensitive to current conditions, the analyst tells investors in a research note. Velocity shares are also reflecting a somewhat "ideal" size/scale for this environment, where it's become big and established enough to have a book of repeat business, while at the same time there's easily room for the balance sheet to be bigger, BTIG added. https://thefly.com - 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. seekingalpha.com - 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. zacks.com - 5 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. businesswire.com - 5 months ago
Plunge in Mortgage Rates Spurs Refinancing Surge - Consider PFSI, VEL, GHLD With refinancing activities surging as homeowners seek interest rate relief, stocks such as PennyMac, Velocity Financial and Guild are poised to gain. zacks.com - 6 months ago
Velocity Financial Should Continue To Do Well Velocity Financial benefits from bank constraints, showing impressive growth by targeting smaller investors and leveraging its 19-year reputation and automated data analytics systems. The company's growth strategy includes expanding its mortgage broker network, developing new products, and acquiring loan portfolios, supported by a robust funding structure. Despite rising operating costs, Velocity's earnings are strong, with a significant cash flow and an adjusted book value of nearly $17 per share. seekingalpha.com - 6 months ago
Lower Mortgage Rates Driving Refinancing Activities: Three Stocks to Buy Investors can consider buying stocks like VEL, ONIT and PFSI with the decline in mortgage rates and an increase in refinancing activities. zacks.com - 6 months ago
8. Profile Summary

Velocity Financial, Inc. VEL

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COUNTRY US
INDUSTRY Financial - Mortgages
MARKET CAP $ 587 M
Dividend Yield 0.00%
Description 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.
Contact 30699 Russell Ranch Road, Westlake Village, CA, 91362 https://www.velfinance.com
IPO Date Jan. 17, 2020
Employees 309
Officers Mr. Roland Thomas Kelly J.D. Chief Legal Officer, General Counsel & Corporate Secretary Mr. Mark R. Szczepaniak Chief Financial Officer Mr. Christopher J. Oltmann Corporate Treasurer & Director of Investor Relations Ms. Fiona Tam Chief Accounting Officer Mr. Jeffrey T. Taylor Executive Vice President of Capital Markets Mr. Joseph A. Cowell Chief Operating Officer Mr. Christopher D. Farrar Co-Founder, Chief Executive Officer, President & Director