What is Velocity Financial Inc share price today?

Velocity Financial Inc (VEL) share price today is {{live_price}}.

Can Indians buy Velocity Financial Inc shares?

Yes, Indians can invest in the Velocity Financial Inc (VEL) from India. With INDmoney, you can buy Velocity Financial Inc 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 Inc at zero transaction cost.

How can I buy Velocity Financial Inc shares from India?

It is very easy to buy Velocity Financial Inc 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 Inc be purchased?

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

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

To start investing in Velocity Financial Inc, 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.

What are today’s High and Low prices of Velocity Financial Inc

Today’s highest price of Velocity Financial Inc (VEL) is {{1_rba_end}}. Today’s lowest price of Velocity Financial Inc (VEL) is {{1_rba_st}}.

What is today's market capitalisation of Velocity Financial Inc

Today's market capitalisation of Velocity Financial Inc VEL is 652.3M

What is the 52 Week High and Low Range of Velocity Financial Inc

52 Week High {{rba_end}} 52 Week Low {{rba_st}}

How much percentage Velocity Financial Inc is down from its 52 Week High?

Velocity Financial Inc (VEL) share price is {{live_price}}. It is down by {{w52lu}}% from its 52 Week High price of {{rba_end}}.

How much percentage Velocity Financial Inc is up from its 52 Week low?

Velocity Financial Inc (VEL) share price is {{live_price}}. It is up by {{w52hd}}% from its 52 Week Low price of {{rba_st}}.

What are the historical returns of Velocity Financial Inc?

1 Month Returns {{1mr}}% 3 Months Returns {{3mr}}% 1 Year Returns {{1yr}}% 5 Years Returns {{5yr}}%

Who is the Chief Executive Officer (CEO) of Velocity Financial Inc

Mr. Christopher D. Farrar is the current Chief Executive Officer (CEO) of Velocity Financial Inc.

Velocity Financial Inc share price: VEL Stock Price live today

Performance

$19.33
$19.43
$19.36
0.15%
Downside
Day's Volatility :0.51%
Upside
0.36%
$10.81
$20.37
$19.36
44.16%
Downside
52 Weeks Volatility :46.93%
Upside
4.96%

Returns

Period	Velocity Financial Inc	Sector (Financials)	Index (Russel 2000)
3 Months	1.82%	11.1%	0.0%
6 Months	16.89%	17.9%	0.0%
1 Year	74.13%	47.9%	0.0%
3 Years	63.25%	18.9%	-23.0%

Highlights

Market Capitalization	652.3M
Book Value	$14.24
Earnings Per Share (EPS)	1.75
PE Ratio	11.26
Wall Street Target Price	20.75

Profit Margin	40.57%
Operating Margin TTM	47.13%

Return On Assets TTM	1.39%
Return On Equity TTM	13.95%

Revenue TTM	151.5M
Revenue Per Share TTM	4.67
Quarterly Revenue Growth YOY	39.800000000000004%
Gross Profit TTM	76.8M
Diluted Eps TTM	1.75
Quarterly Earnings Growth YOY	0.16

EPS Estimate Current Year	1.93
EPS Estimate Next Year	2.13
EPS Estimate Current Quarter	0.41
EPS Estimate Next Quarter	0.41

Analyst Recommendation

Buy

87%Buy

12%Hold

0

0%Sell

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

Based on 8 analyst

Current
1M Ago
3M Ago

Buy

7

Hold

1

2

Sell

00

Analyst Forecast

What analysts predicted

Upside of 7.18%

Current $19.36

Target $20.75

Company Financials

	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	338.5M	↑ 263.74%
Net Income	52.3M	↑ 62.28%
Net Profit Margin	15.44%	↓ 19.17%

	Q1 FY23	Q/Q Change
Revenue	33.1M	↑ 16.4%
Net Income	10.6M	↑ 25.84%
Net Profit Margin	32.19%	↑ 2.42%

	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%

	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	↑ 17.6%
Total Liabilities	4.0B	↑ 17.92%

	Q1 FY23	Q/Q Change
Total Assets	3.8B	↑ 2.35%
Total Liabilities	3.4B	↑ 2.3%

	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%

	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%

	Q1 FY23	Q/Q Change
Operating Cash Flow	-11.9M	↓ 129.81%
Investing Cash Flow	-71.6M	↓ 19.73%
Financing Cash Flow	77.5M	↑ 10.21%

	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%

Technicals Summary

Sell

Neutral

Buy

Velocity Financial Inc is currently in a neutral trading position according to technical analysis indicators.

Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Velocity Financial Inc	-1.56%	16.89%	74.13%	63.25%	78.09%
Rocket Companies, Inc.	-6.0%	50.46%	144.7%	6.57%	-16.27%
Uwm Holdings Corp	-15.53%	16.64%	48.47%	1.67%	-21.61%
Mr. Cooper Group Inc.	3.68%	22.1%	80.92%	114.76%	707.71%
Pennymac Financial Services Inc	-2.75%	20.85%	71.72%	61.88%	230.77%
Walker & Dunlop, Inc.	1.69%	24.49%	73.53%	-8.6%	88.19%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Velocity Financial Inc	11.26	11.26	NA	1.93	0.14	0.01	NA	14.24
Rocket Companies, Inc.	9.99	9.99	1.4	0.29	0.04	0.02	NA	4.71
Uwm Holdings Corp	245.33	245.33	NA	0.27	0.04	0.02	0.05	1.19
Mr. Cooper Group Inc.	9.12	9.12	NA	10.03	0.16	0.04	NA	71.24
Pennymac Financial Services Inc	29.87	29.87	4.67	8.54	0.05	0.01	0.01	71.76
Walker & Dunlop, Inc.	44.91	44.91	1.25	3.27	0.05	0.02	0.02	51.21

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Velocity Financial Inc	Buy	$652.3M	78.09%	11.26	40.57%
Rocket Companies, Inc.	Hold	$35.8B	-16.27%	9.99	0.27%
Uwm Holdings Corp	Hold	$12.0B	-21.61%	245.33	0.13%
Mr. Cooper Group Inc.	Buy	$6.2B	707.71%	9.12	33.22%
Pennymac Financial Services Inc	Buy	$5.6B	230.77%	29.87	10.1%
Walker & Dunlop, Inc.	Buy	$3.9B	88.19%	44.91	9.07%

Insights on Velocity Financial Inc

Increasing Revenue
Revenue is up for the last 8 quarters, 24.04M → 107.09M (in $), with an average increase of 16.8% per quarter
Decreasing Net Profit
Netprofit is down for the last 3 quarters, 17.35M → 14.77M (in $), with an average decrease of 7.5% per quarter
Vs RKT
In the last 1 year, Rocket Companies, Inc. has given 146.4% return, outperforming this stock by 68.1%