Velocity Financial Inc
General ticker "VEL" information:
- Sector: Financials
- Industry: Financial Services
- Capitalization: $665.1M
Velocity Financial Inc follows the US Stock Market performance with the rate: 55.7%.
Estimated limits based on current volatility of 2.2%: low 19.03$, high 19.88$
Factors to consider:
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [12.51$, 20.25$]
- 2024-12-30 to 2025-12-30 estimated range: [15.68$, 24.30$]
Financial Metrics affecting the VEL estimates:
- Positive: 0.93 < Non-GAAP EPS, $ of 1.54
- Positive: Operating profit margin, % of 58.34 > 19.51
- Negative: Interest expense per share, $ of 6.30 > 0.74
- Positive: 7.18 < Operating cash flow per share per price, % of 9.93
- Positive: Industry earnings per price (median), % of 6.24 > 5.96
- Negative: Industry operating cash flow per share per price (median), % of 6.87 <= 6.94
Short-term VEL quotes
Long-term VEL plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $75.88MM | $262.57MM | $131.72MM |
| Operating Expenses | $36.09MM | $85.26MM | $54.87MM |
| Operating Income | $39.79MM | $177.31MM | $76.85MM |
| Non-Operating Income | $0.00MM | $-132.76MM | $-5.72MM |
| Interest Expense | $106.00MM | $157.19MM | $203.02MM |
| R&D Expense | $0.00MM | $0.00MM | $0.00MM |
| Income(Loss) | $39.79MM | $44.55MM | $71.13MM |
| Taxes | $10.57MM | $12.03MM | $18.85MM |
| Profit(Loss) | $29.22MM | $32.52MM | $52.27MM |
| Stockholders Equity | $341.11MM | $376.81MM | $433.44MM |
| Assets | $2,812.48MM | $3,748.97MM | $4,404.57MM |
| Operating Cash Flow | $57.62MM | $48.67MM | $48.84MM |
| Capital expenditure | $0.33MM | $0.33MM | $0.18MM |
| Investing Cash Flow | $-656.48MM | $-908.24MM | $-584.73MM |
| Financing Cash Flow | $626.17MM | $874.02MM | $535.77MM |
| Earnings Per Share* | $1.28 | $0.99 | $1.60 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.