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Velocity Financial (VEL)

(Delayed Data from NYSE)

$18.33 USD

18.33
32,364

-0.04 (-0.22%)

Updated Aug 9, 2024 04:00 PM ET

After-Market: $18.23 -0.10 (-0.55%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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1-Strong Buy of 5 1        

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value C Growth B Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 41% (148 out of 250)

Industry: Financial - Mortgage & Related Services

Better trading starts here.

Zacks News

Balance Sheet Growth Aids First Horizon (FHN), High Costs Ail

First Horizon's (FHN) balance sheet strength and rising NII support financials. However, rising costs, declining mortgage income and an unsound liquidity position are headwinds.

3 Mortgage & Related Services Stocks to Watch Amid Macro Woes

Amid a soft mortgage environment, Mortgage & Related Services players like PFSI, AGM and VEL are focusing on servicing portfolio growth and diversifying business models to navigate choppy waters.

Evercore (EVR) Gains 14.5% YTD: Will the Uptrend Persist?

Evercore (EVR) stock rises 14.5% year to date. Solid balance sheet and efforts to bolster revenues are likely to lead to bullish investor sentiments going forward.

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Bank of Hawaii (BOH) is likely to be affected by rising costs, declining fee income and geographic concentration of its lending activities.

Strategic Buyouts Aid Mitsubishi UFJ (MUFG), High Costs Ail

Inorganic growth moves aid Mitsubishi UFJ (MUFG). Also, strong liquidity and capital strength are positives. However, a decline in loan balances and high costs are concerning.

Velocity Financial (VEL) Soars 10.2%: Is Further Upside Left in the Stock?

Velocity Financial (VEL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Here's Why Investors Should Hold Euronet (EEFT) in Portfolio Now

Euronet (EEFT) remains well-poised for growth on the back of strong transaction growth across epay and Money Transfer segments as well as the pursuit of an inorganic growth strategy.

Earnings Estimates Moving Higher for Velocity Financial (VEL): Time to Buy?

Velocity Financial (VEL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Velocity Financial (VEL) Upgraded to Buy: What Does It Mean for the Stock?

Velocity Financial (VEL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Velocity Financial (VEL) Surpasses Q1 Earnings and Revenue Estimates

Velocity Financial (VEL) delivered earnings and revenue surprises of 22.22% and 8.24%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Velocity Financial (VEL) Lags Q4 Earnings and Revenue Estimates

Velocity Financial (VEL) delivered earnings and revenue surprises of -6.90% and 20%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Tree.com (TREE) Beats Q4 Earnings Estimates

Tree.com (TREE) delivered earnings and revenue surprises of 240.74% and 2.10%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Walker & Dunlop (WD) Q4 Earnings and Revenues Miss Estimates

Walker & Dunlop (WD) delivered earnings and revenue surprises of -9.03% and 11.23%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Velocity Financial (VEL) Matches Q3 Earnings Estimates

Velocity Financial (VEL) delivered earnings and revenue surprises of 0% and 3.38%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Velocity Financial (VEL) Tops Q2 Earnings and Revenue Estimates

Velocity Financial (VEL) delivered earnings and revenue surprises of 3.33% and 3.58%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Zacks Industry Outlook Highlights Walker & Dunlop, Velocity Financial and Ocwen Financial

Walker & Dunlop, Velocity Financial and Ocwen Financial are part of Zacks Industry Outlook article.

PennyMac Financial (PFSI) Surpasses Q2 Earnings and Revenue Estimates

PennyMac (PFSI) delivered earnings and revenue surprises of 86.89% and 7.53%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Devyani Chamria headshot

3 Stocks to Watch From the Mortgage & Related Services Industry

Despite a rise in mortgage rates and fading origination volumes, WD, VEL, OCN are set to hold ground on robust servicing opportunities and focus on improving operating leverage.

Tree.com (TREE) Tops Q2 Earnings and Revenue Estimates

Tree.com (TREE) delivered earnings and revenue surprises of 1,550% and 0.10%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Velocity Financial (VEL) Soars 7.1%: Is Further Upside Left in the Stock?

Velocity Financial (VEL) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Velocity Financial (VEL) Moves 17.6% Higher: Will This Strength Last?

Velocity Financial (VEL) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Velocity Financial (VEL) Upgraded to Strong Buy: Here's What You Should Know

Velocity Financial (VEL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Is Velocity Financial (VEL) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Wall Street Analysts Think Velocity Financial (VEL) Could Surge 29%: Read This Before Placing a Bet

The average of price targets set by Wall Street analysts indicates a potential upside of 28.6% in Velocity Financial (VEL). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.