Velocity Financial share price today

(VEL)

Velocity Financial share price is $20.71 & ₹1,756.71 as on 12 Dec 2024, 2.30 'hrs' IST

$20.71

▲

0.19

(0.93%)

Market is closed - opens 8 PM, 12 Dec 2024

View live Velocity Financial share price in Dollar and Rupees. Guide to invest in Velocity Financial from India. Also see the sentimental analysis on Indian investors investing in Velocity Financial. Get details on the Indian mutual funds that are investing in Velocity Financial. Get Analyst recommendations and forecasts along with all the Velocity Financial's financials.

Velocity Financial share price movements

$20.55
$20.84
$20.71
0.77%
Downside
Day's Volatility :1.39%
Upside
0.62%
$13.78
$20.79
$20.71
33.46%
Downside
52 Weeks Volatility :33.72%
Upside
0.38%

Velocity Financial Returns

Period	Velocity Financial Inc	Sector (Financials)	Index (Russel 2000)
3 Months	5.66%	12.2%	0.0%
6 Months	10.92%	21.7%	0.0%
1 Year	25.5%	36.7%	0.0%
3 Years	53.71%	27.3%	-20.0%

Velocity Financial Key Statistics

in dollars & INR

Previous Close	$20.52
Open	$20.57
Today's High	$20.84
Today's Low	$20.55
Market Capitalization	$679.5M
Today's Volume	$36.7K
52 Week High	$20.84
52 Week Low	$13.78
Revenue TTM	$161.8M
Earnings Per Share (EPS)	$1.84
PE Ratio	11.15
Profit Margin	40.28%
Quarterly Earnings Growth YOY	0.27%
Return On Equity TTM	14.28%

How to invest in Velocity Financial from India?

It is very easy for Indian residents to invest directly in Velocity Financial from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Velocity Financial stock in both rupees (INR) and dollars (USD). Search for Velocity Financial or VEL on INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Velocity Financial or Rupee/ Dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Velocity Financial shares which would translate to 0.041 fractional shares of Velocity Financial as of today. Learn more about fractional investing here.

Indians via INDmoney can now also, easily transfer and add their money to the US stocks account via INDmoney App. Click here for step by step process for the same

Indian investors sentiment towards Velocity Financial

23%

Period: Sep 12, 2024 to Dec 11, 2024. Change in 30 Days versus previous period

Search volume for Velocity Financial on INDmoney from India has grown in the last 30 days as on Dec 12, 2024. 23% more investors are searching Velocity Financial in the last 30 days versus the previous period.

Global Institutional Holdings in Velocity Financial

Snow Phipps Group, LLC
37.06%
Allianz Asset Management AG
33.11%
Beach Point Capital Management LP
16.72%
BlackRock Inc
1.98%
Vanguard Group Inc
1.41%
Adage Capital Partners Gp LLC
1.41%

Analyst Recommendation on Velocity Financial

Buy

87%Buy

12%Hold

0%Sell

Based on 8 Wall street analysts offering stock ratings for Velocity Financial(by analysts ranked 0 to 5 stars)

Based on 8 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Velocity Financial

What analysts predicted

Upside of 5.02%

Current:

$20.71

Target:

$21.75

Insights on Velocity Financial

Price Movement
In the last 3 years, VEL stock has moved up by 53.4%
Decreasing Revenue
Revenue is down for the last 2 quarters, 107.09M → 49.26M (in $), with an average decrease of 54.0% per quarter
Increasing Net Profit
Netprofit is up for the last 2 quarters, 14.77M → 15.80M (in $), with an average increase of 6.5% per quarter
VEL vs COOP (1 yr)
In the last 1 year, Mr. Cooper Group Inc. has given 47.6% return, outperforming this stock by 10.8%
VEL vs COOP (3 yr)
In the last 3 years, Mr. Cooper Group Inc. has given 127.2% return, outperforming this stock by 73.8%
Price to Sales
ForVEL every $1 of sales, investors are willing to pay $4.1, whereas for Mr. Cooper Group Inc., the investors are paying $3.1 for every $1 of sales.

Velocity Financial Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$45.6M	↑ 35.56%
Net Income	$10.5M	↓ 24.59%
Net Profit Margin	23.13%	↓ 18.46%

	FY19	Y/Y Change
Revenue	$54.3M	↑ 19.0%
Net Income	$17.3M	↑ 63.92%
Net Profit Margin	31.87%	↑ 8.74%

	FY20	Y/Y Change
Revenue	$66.0M	↑ 21.57%
Net Income	$17.8M	↑ 2.8%
Net Profit Margin	26.95%	↓ 4.92%

	FY21	Y/Y Change
Revenue	$75.9M	↑ 15.03%
Net Income	$29.2M	↑ 64.39%
Net Profit Margin	38.51%	↑ 11.56%

	FY22	Y/Y Change
Revenue	$93.1M	↑ 22.66%
Net Income	$32.2M	↑ 10.22%
Net Profit Margin	34.61%	↓ 3.9%

	FY23	Y/Y Change
Revenue	$131.7M	↑ 41.52%
Net Income	$52.3M	↑ 62.28%
Net Profit Margin	39.69%	↑ 5.08%

	Q2 FY23	Q/Q Change
Revenue	$35.1M	↑ 6.03%
Net Income	$12.2M	↑ 14.41%
Net Profit Margin	34.73%	↑ 2.54%

	Q3 FY23	Q/Q Change
Revenue	$39.8M	↑ 13.54%
Net Income	$12.1M	↓ 0.8%
Net Profit Margin	30.35%	↓ 4.38%

	Q4 FY23	Q/Q Change
Revenue	$93.7M	↑ 135.26%
Net Income	$17.4M	↑ 43.6%
Net Profit Margin	18.52%	↓ 11.83%

	Q1 FY24	Q/Q Change
Revenue	$98.6M	↑ 5.24%
Net Income	$17.3M	↓ 0.6%
Net Profit Margin	17.49%	↓ 1.03%

	Q2 FY24	Q/Q Change
Revenue	$107.1M	↑ 8.6%
Net Income	$14.8M	↓ 14.34%
Net Profit Margin	13.8%	↓ 3.69%

	Q3 FY24	Q/Q Change
Revenue	$49.3M	↓ 54.0%
Net Income	$15.8M	↑ 6.94%
Net Profit Margin	32.08%	↑ 18.28%

	FY18	Y/Y Change
Total Assets	$1.7B	↑ 26.69%
Total Liabilities	$1.6B	↑ 28.8%

	FY19	Y/Y Change
Total Assets	$2.2B	↑ 27.43%
Total Liabilities	$2.1B	↑ 29.01%

	FY20	Y/Y Change
Total Assets	$2.1B	↓ 5.05%
Total Liabilities	$1.9B	↓ 8.66%

	FY21	Y/Y Change
Total Assets	$2.8B	↑ 33.74%
Total Liabilities	$2.5B	↑ 31.05%

	FY22	Y/Y Change
Total Assets	$3.7B	↑ 33.3%
Total Liabilities	$3.4B	↑ 36.49%

	FY23	Y/Y Change
Total Assets	$4.4B	↑ 17.49%
Total Liabilities	$4.0B	↑ 17.79%

	Q2 FY23	Q/Q Change
Total Assets	$4.0B	↑ 2.97%
Total Liabilities	$3.5B	↑ 2.9%

	Q3 FY23	Q/Q Change
Total Assets	$4.1B	↑ 4.21%
Total Liabilities	$3.7B	↑ 4.27%

	Q4 FY23	Q/Q Change
Total Assets	$4.4B	↑ 7.08%
Total Liabilities	$4.0B	↑ 7.43%

	Q1 FY24	Q/Q Change
Total Assets	$4.6B	↑ 4.97%
Total Liabilities	$4.2B	↑ 5.03%

	Q2 FY24	Q/Q Change
Total Assets	$4.9B	↑ 5.3%
Total Liabilities	$4.4B	↑ 5.44%

	Q3 FY24	Q/Q Change
Total Assets	$5.2B	↑ 6.75%
Total Liabilities	$4.7B	↑ 7.19%

	FY18	Y/Y Change
Operating Cash Flow	$-72.5M	↓ 292.55%
Investing Cash Flow	$-270.2M	↓ 1.67%
Financing Cash Flow	$343.6M	↑ 70.86%

	FY19	Y/Y Change
Operating Cash Flow	$-105.3M	↑ 45.32%
Investing Cash Flow	$-305.9M	↑ 13.23%
Financing Cash Flow	$422.1M	↑ 22.85%

	FY20	Y/Y Change
Operating Cash Flow	$54.9M	↓ 152.11%
Investing Cash Flow	$87.7M	↓ 128.68%
Financing Cash Flow	$-149.9M	↓ 135.51%

	FY21	Y/Y Change
Operating Cash Flow	$57.6M	↑ 4.97%
Investing Cash Flow	$-656.5M	↓ 848.22%
Financing Cash Flow	$626.2M	↓ 517.75%

	FY22	Y/Y Change
Operating Cash Flow	$48.7M	↓ 15.53%
Investing Cash Flow	$-908.2M	↑ 38.35%
Financing Cash Flow	$874.0M	↑ 39.58%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$44.4M	↓ 471.87%
Investing Cash Flow	$-141.0M	↑ 97.03%
Financing Cash Flow	$91.4M	↑ 17.98%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$-9.8M	↓ 121.99%
Investing Cash Flow	$-360.8M	↑ 155.82%
Financing Cash Flow	$154.3M	↑ 68.75%

Velocity Financial Technicals Summary

Sell

Neutral

Buy

Velocity Financial is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Velocity Financial Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Velocity Financial Inc	0.59%	10.92%	25.5%	53.71%	86.55%
Rocket Companies, Inc.	-20.13%	-14.6%	6.52%	-20.88%	-41.52%
Uwm Holdings Corp	-0.97%	-16.71%	-3.77%	-8.23%	-34.09%
Mr. Cooper Group Inc.	-6.54%	14.76%	42.15%	129.04%	645.87%
Pennymac Financial Services Inc	-1.96%	12.18%	20.24%	51.7%	206.03%
Walker & Dunlop, Inc.	-4.28%	10.39%	5.1%	-26.85%	59.93%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Velocity Financial Inc	11.15	11.15	NA	1.92	0.14	0.01	NA	14.64
Rocket Companies, Inc.	7.96	NA	1.4	0.21	-0.03	0.01	NA	4.5
Uwm Holdings Corp	206.33	NA	NA	0.2	-0.07	0.01	0.07	1.06
Mr. Cooper Group Inc.	12.19	12.19	NA	10.27	0.11	0.03	NA	72.49
Pennymac Financial Services Inc	32.71	32.71	4.67	11.68	0.05	0.01	0.01	72.95
Walker & Dunlop, Inc.	38.01	38.01	1.25	4.43	0.05	0.02	0.02	51.52

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Velocity Financial Inc	Buy	$679.5M	86.55%	11.15	40.28%
Rocket Companies, Inc.	Hold	$25.0B	-41.52%	7.96	-0.35%
Uwm Holdings Corp	Hold	$10.0B	-34.09%	206.33	-0.79%
Mr. Cooper Group Inc.	Buy	$6.1B	645.87%	12.19	25.87%
Pennymac Financial Services Inc	Buy	$5.3B	206.03%	32.71	6.12%
Walker & Dunlop, Inc.	Buy	$3.6B	59.93%	38.01	9.63%

About Velocity Financial

Organization	Velocity Financial
Employees	253
CEO	Mr. Christopher D. Farrar
Industry	Finance

Management People of Velocity Financial

Name	Title
Mr. Christopher D. Farrar	Co-Founder, CEO, President & Director
Mr. Mark R. Szczepaniak	Chief Financial Officer
Mr. Jeffrey T. Taylor	Executive Vice President of Capital Markets
Mr. Joseph A. Cowell	Chief Operating Officer
Ms. Fiona Tam	Chief Accounting Officer
Mr. Christopher J. Oltmann	Corporate Treasurer & Director of Investor Relations
Mr. Roland Thomas Kelly J.D.	Chief Legal Officer, General Counsel & Corporate Secretary

Important FAQs about investing in Velocity Financial from India :

What is Velocity Financial share price today?

Velocity Financial (VEL) share price today is $20.71.

Can Indians buy Velocity Financial shares?

Yes, Indians can invest in the Velocity Financial (VEL) from India.

With INDmoney, you can buy Velocity Financial at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Velocity Financial at zero transaction cost.

How can I buy Velocity Financial shares from India?

It is very easy to buy Velocity Financial from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Velocity Financial be purchased?

Yes, you can buy fractional shares of Velocity Financial with INDmoney app.

What are the documents required to start investing in Velocity Financial stocks?

To start investing in Velocity Financial, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.