Symbols / VEL Stock $19.47 +0.41% Velocity Financial, Inc.

Financial Services • Mortgage Finance • United States • NYQ
VEL (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Mortgage Finance
CEO Mr. Christopher D. Farrar
Exch · Country NYQ · United States
Market Cap 763.91M
Enterprise Value 7.22B
Income 103.71M
Sales 225.61M
FCF (ttm) —
Book/sh 17.26
Cash/sh 2.35
Employees 364
Insider 10d —
IPO Jan 17, 2020
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 7.08
Forward P/E 5.83
PEG —
P/S 3.39
P/B 1.13
P/C —
EV/EBITDA —
EV/Sales 31.98
Quick Ratio 14.78
Current Ratio 15.20
Debt/Eq 967.99
LT Debt/Eq —
EPS (ttm) 2.75
EPS next Y 3.34
EPS Growth 55.50%
Revenue Growth -4.40%
EPS Gr Q/Q 69.00%
Rev Gr Q/Q —
Earnings (next) 2026-05-06
Earnings (prior) 2026-03-11
ROA 1.63%
ROE 17.56%
ROIC —
Gross Margin 70.68%
Oper. Margin 61.71%
Profit Margin 46.56%
Shs Outstand 39.24M
Shs Float 5.25M
Insider Own 2.97%
Instit Own 98.58%
Short Float 20.00%
Short Ratio 8.80
Short Interest 1.01M
52W High 21.39
vs 52W High -9.00%
52W Low 16.12
vs 52W Low 20.78%
Beta 0.76
Impl. Vol. 54.44%
Rel Volume 0.21
Avg Volume 114.85K
Volume 24.04K
Target (mean) $21.67
Tgt Median $22.00
Tgt Low $20.00
Tgt High $23.00
# Analysts 3
Recom None
Prev Close $19.39
Price $19.47
Change 0.41%
About

Velocity Financial, Inc. operates as a real estate finance company in the United States. The company originates, securitizes, and manages a portfolio of loans, which are secured by real estate, including investor loans unit residential rental properties; residential rental properties office; and loans for multi-family, mixed use, and commercial properties. The company also provides warehouse and other properties. It offers its products through a network of independent mortgage brokers and direct borrower relationships. The company was founded in 2004 and is headquartered in Westlake Village, California

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$21.67
Mean price target
2. Current target
$19.47
Latest analyst target
3. DCF / Fair value
$41.25
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$19.47
Low
$20.00
High
$23.00
Mean
$21.67

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-17 reit BTIG Buy → Buy $23
2025-11-21 reit BTIG Buy → Buy $23
2025-11-07 main Citizens Market Outperform → Market Outperform $22
2025-06-10 reit JMP Securities Market Outperform → Market Outperform $21
2025-03-07 reit Citizens Capital Markets Market Outperform → Market Outperform $21
2024-11-12 main BTIG Buy → Buy $23
2024-09-20 down Wells Fargo Overweight → Underweight $20
2024-09-16 reit JMP Securities Market Outperform → Market Outperform $21
2024-08-02 main BTIG Buy → Buy $20
2024-08-02 main JMP Securities Market Outperform → Market Outperform $21
2024-05-30 reit Raymond James Outperform → Outperform $22
2024-04-30 main JMP Securities Market Outperform → Market Outperform $19
2024-03-15 reit Raymond James Outperform → Outperform $20
2024-03-11 main Citigroup Neutral → Neutral $18
2024-03-11 main BTIG Buy → Buy $18
2024-03-08 main JMP Securities Market Outperform → Market Outperform $18
2024-03-08 main Wells Fargo Overweight → Overweight $18
2023-12-12 main BTIG Buy → Buy $17
2023-10-23 init BTIG — → Buy $14
2023-10-06 main Citigroup Neutral → Neutral $13
News
RSS: Latest VEL news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-17 TAYLOR JEFFREY T. Officer — 2,130 $20.00 $42,600
2026-04-01 SZCZEPANIAK MARK R Chief Financial Officer — 1,573 $18.13 $28,518
2026-03-31 KELLY ROLAND THOMAS General Counsel — 14,840 $18.03 $267,771
2026-03-17 KELLY ROLAND THOMAS General Counsel — 5,160 $18.06 $93,214
2026-03-02 SZCZEPANIAK MARK R Chief Financial Officer — 1,573 $18.32 $28,817
2026-02-02 SZCZEPANIAK MARK R Chief Financial Officer — 1,573 $20.53 $32,292
2026-02-02 TAYLOR JEFFREY T. Officer — 1,772 $20.33 $36,025
2026-01-26 TAYLOR JEFFREY T. Officer — 1,770 $20.00 $35,400
2026-01-15 FARRAR CHRISTOPHER D. Chief Executive Officer — 89,285 $19.60 $1,749,986
2026-01-15 SZCZEPANIAK MARK R Chief Financial Officer — 1,573 $19.51 $30,687
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
311.52
+47.13%
211.74
+36.15%
155.51
+70.55%
91.19
Operating Revenue
311.52
+47.13%
211.74
+36.15%
155.51
+70.55%
91.19
Selling General And Administration
94.95
+27.37%
74.55
+40.67%
52.99
+47.50%
35.93
Selling And Marketing Expense
1.43
+15.52%
1.24
+41.86%
0.87
-38.63%
1.42
General And Administrative Expense
93.52
+27.57%
73.31
+40.65%
52.12
+51.05%
34.51
Salaries And Wages
90.22
+29.64%
69.59
+43.95%
48.34
+58.72%
30.46
Other Gand A
—
—
—
—
Reconciled Depreciation
2.02
+1.00%
2.00
-12.93%
2.30
+8.55%
2.12
Net Income
105.05
+53.55%
68.42
+30.89%
52.27
+62.28%
32.21
Pretax Income
146.24
+51.72%
96.39
+35.52%
71.13
+59.65%
44.55
Net Interest Income
191.64
+34.68%
142.29
+25.99%
112.94
+35.84%
83.15
Interest Expense
365.05
+34.68%
271.04
+33.50%
203.02
+29.15%
157.19
Interest Income
556.68
+34.68%
413.33
+30.81%
315.97
+31.47%
240.34
Gain On Sale Of Security
-30.45
-1279.93%
2.58
+128.67%
-9.00
0.00
Tax Provision
41.26
+47.74%
27.93
+48.27%
18.83
+56.52%
12.03
Tax Rate For Calcs
0.00
-2.73%
0.00
+15.04%
0.00
-7.35%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
104.98
+53.34%
68.47
+30.93%
52.29
+60.81%
32.52
Net Income From Continuing Operation Net Minority Interest
105.05
+53.55%
68.42
+30.89%
52.27
+62.28%
32.21
Net Income From Continuing And Discontinued Operation
105.05
+53.55%
68.42
+30.89%
52.27
+62.28%
32.21
Net Income Continuous Operations
104.98
+53.34%
68.47
+30.93%
52.29
+60.81%
32.52
Minority Interests
0.07
+251.06%
-0.05
-135.00%
-0.02
+93.51%
-0.31
Normalized Income
105.05
+53.55%
68.42
+30.89%
52.27
+62.28%
32.21
Net Income Common Stockholders
103.71
+53.45%
67.58
+31.18%
51.52
+62.42%
31.72
Otherunder Preferred Stock Dividend
1.35
+61.63%
0.83
+10.76%
0.75
+53.36%
0.49
Diluted EPS
2.75
+43.98%
1.91
+25.66%
1.52
+61.70%
0.94
Basic EPS
2.81
+35.75%
2.07
+29.37%
1.60
+61.62%
0.99
Basic Average Shares
36.85
+12.85%
32.65
+1.39%
32.21
+0.92%
31.91
Diluted Average Shares
38.18
+6.76%
35.76
+3.70%
34.48
+1.03%
34.13
Diluted NI Availto Com Stockholders
103.71
+53.45%
67.58
+31.18%
51.52
+62.42%
31.72
Insurance And Claims
2.18
+21.70%
1.79
-3.13%
1.85
-19.56%
2.30
Other Non Interest Expense
58.43
+82.55%
32.01
+28.67%
24.88
+362.91%
5.37
Professional Expense And Contract Services Expense
6.10
-19.93%
7.62
+65.60%
4.60
+10.05%
4.18
Rent And Landing Fees
1.12
-41.84%
1.93
+0.10%
1.93
+10.24%
1.75
Rent Expense Supplemental
1.12
-41.84%
1.93
+0.10%
1.93
+10.24%
1.75
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
7,381.51
+33.54%
5,527.41
+25.49%
4,404.57
+17.49%
3,748.97
Cash And Cash Equivalents
92.10
+84.57%
49.90
+22.44%
40.76
-10.28%
45.42
Cash Financial
92.10
+84.57%
49.90
+23.01%
40.57
-10.35%
45.25
Receivables
204.04
+27.46%
160.09
+32.45%
120.87
+26.59%
95.48
Accounts Receivable
49.68
+40.99%
35.23
+30.36%
27.03
+32.08%
20.46
Other Receivables
154.37
+23.64%
124.85
+33.05%
93.84
+25.09%
75.02
Prepaid Assets
2.71
+26.15%
2.15
+5.87%
2.03
+9.93%
1.84
Net PPE
4.24
+2.14%
4.15
-22.11%
5.33
-7.80%
5.78
Gross PPE
12.08
-0.42%
12.13
-6.29%
12.95
+2.11%
12.68
Accumulated Depreciation
-7.84
+1.75%
-7.98
-4.78%
-7.62
-10.41%
-6.90
Buildings And Improvements
—
0.00
-100.00%
0.69
+0.00%
0.69
Machinery Furniture Equipment
9.17
+1.29%
9.05
-0.59%
9.11
+1.29%
8.99
Other Properties
2.83
+12.95%
2.50
-1.69%
2.54
+4.95%
2.42
Leases
0.09
-85.27%
0.58
-5.25%
0.61
+5.36%
0.58
Goodwill And Other Intangible Assets
19.74
-3.66%
20.49
+33.44%
15.35
-4.12%
16.01
Goodwill
6.78
+0.00%
6.78
+0.00%
6.78
+0.00%
6.78
Other Intangible Assets
12.96
-5.46%
13.71
+59.85%
8.58
-7.14%
9.24
Total Liabilities Net Minority Interest
6,705.82
+33.92%
5,007.19
+26.20%
3,967.70
+17.79%
3,368.47
Payables And Accrued Expenses
168.31
+13.87%
147.81
+21.19%
121.97
+33.26%
91.53
Payables
168.31
+13.87%
147.81
+21.19%
121.97
+33.26%
91.53
Accounts Payable
168.31
+13.87%
147.81
+21.19%
121.97
+33.26%
91.53
Current Debt And Capital Lease Obligation
308.51
-11.37%
348.08
+3.98%
334.75
+1.19%
330.81
Current Debt
308.51
-11.37%
348.08
+3.98%
334.75
+1.19%
330.81
Long Term Debt And Capital Lease Obligation
6,229.01
+38.08%
4,511.30
+28.63%
3,507.31
+19.05%
2,946.14
Long Term Debt
6,229.01
+38.08%
4,511.30
+28.63%
3,507.31
+19.05%
2,946.14
Preferred Securities Outside Stock Equity
—
—
—
—
Stockholders Equity
672.53
+30.10%
516.94
+19.26%
433.44
+15.03%
376.81
Common Stock Equity
672.53
+30.10%
516.94
+19.26%
433.44
+15.03%
376.81
Capital Stock
0.40
+17.40%
0.34
+2.42%
0.33
+1.53%
0.33
Common Stock
0.40
+17.40%
0.34
+2.42%
0.33
+1.53%
0.33
Preferred Stock
—
—
—
—
Share Issued
40.18
+19.02%
33.76
+2.35%
32.99
+1.43%
32.52
Ordinary Shares Number
39.57
+17.97%
33.55
+2.07%
32.87
+1.16%
32.49
Treasury Shares Number
0.61
+182.21%
0.22
+77.55%
0.12
+260.84%
0.03
Additional Paid In Capital
382.56
+18.46%
322.95
+5.29%
306.74
+2.14%
300.31
Retained Earnings
302.38
+53.24%
197.32
+53.08%
128.91
+68.21%
76.63
Gains Losses Not Affecting Retained Earnings
-2.60
-223.23%
-0.81
+33.47%
-1.21
0.00
Treasury Stock
10.20
+255.66%
2.87
+117.51%
1.32
+187.99%
0.46
Minority Interest
3.15
-3.61%
3.27
-4.61%
3.43
-7.05%
3.69
Other Equity Adjustments
-2.60
-223.23%
-0.81
+33.47%
-1.21
—
Total Equity Gross Minority Interest
675.69
+29.89%
520.22
+19.08%
436.87
+14.82%
380.50
Total Capitalization
6,901.54
+37.26%
5,028.24
+27.60%
3,940.76
+18.59%
3,322.95
Invested Capital
7,210.05
+34.11%
5,376.32
+25.75%
4,275.51
+17.02%
3,653.76
Total Debt
6,537.51
+34.53%
4,859.38
+26.48%
3,842.07
+17.25%
3,276.95
Net Debt
6,445.41
+34.01%
4,809.48
+26.52%
3,801.31
+17.63%
3,231.53
Net Tangible Assets
652.80
+31.49%
496.46
+18.74%
418.09
+15.88%
360.80
Tangible Book Value
652.80
+31.49%
496.46
+18.74%
418.09
+15.88%
360.80
Cash Cash Equivalents And Federal Funds Sold
249.24
+251.88%
70.83
+14.03%
62.12
-0.18%
62.23
Derivative Product Liabilities
—
0.00
-100.00%
3.67
0.00
Line Of Credit
308.51
-11.37%
348.08
+3.98%
334.75
+1.19%
330.81
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
18.16
-51.90%
37.76
-22.69%
48.84
+0.33%
48.67
Cash Flow From Continuing Operating Activities
18.16
-51.90%
37.76
-22.69%
48.84
+0.33%
48.67
Net Income From Continuing Operations
104.98
+53.34%
68.47
+30.93%
52.29
+60.81%
32.52
Depreciation Amortization Depletion
2.02
+1.00%
2.00
-12.93%
2.30
+8.55%
2.12
Depreciation
2.02
+1.00%
2.00
-12.93%
2.30
+8.55%
2.12
Depreciation And Amortization
2.02
+1.00%
2.00
-12.93%
2.30
+8.55%
2.12
Other Non Cash Items
2.64
+138.69%
-6.83
+56.31%
-15.64
-118.14%
-7.17
Stock Based Compensation
8.28
+34.59%
6.16
+49.10%
4.13
+23.48%
3.34
Deferred Tax
-8.13
+28.84%
-11.43
-524.31%
2.69
-76.72%
11.57
Deferred Income Tax
-8.13
+28.84%
-11.43
-524.31%
2.69
-76.72%
11.57
Operating Gains Losses
-140.35
-150.51%
-56.03
-10.26%
-50.81
-324.72%
-11.96
Unrealized Gain Loss On Investment Securities
30.45
+1279.93%
-2.58
-128.67%
9.00
0.00
Gain Loss On Sale Of PPE
—
—
0.00
-100.00%
0.00
Change In Working Capital
-1.31
-106.66%
19.62
+4.38%
18.80
+204.30%
-18.02
Change In Receivables
-17.21
-170.08%
-6.37
+30.92%
-9.23
-24.34%
-7.42
Change In Payables And Accrued Expense
19.56
-25.58%
26.28
+33.65%
19.66
+867.53%
-2.56
Change In Other Current Assets
-3.65
-1185.21%
-0.28
-103.40%
8.36
+203.99%
-8.04
Investing Cash Flow
-1,521.78
-45.61%
-1,045.08
-78.73%
-584.73
+35.62%
-908.24
Cash Flow From Continuing Investing Activities
-1,521.78
-45.61%
-1,045.08
-78.73%
-584.73
+35.62%
-908.24
Net PPE Purchase And Sale
-0.28
-180.06%
0.35
+295.00%
-0.18
+44.79%
-0.33
Purchase Of PPE
-0.28
+2.77%
-0.29
-60.56%
-0.18
+44.79%
-0.33
Sale Of PPE
0.00
-100.00%
0.64
0.00
0.00
Capital Expenditure
-1.57
+68.98%
-5.05
-2704.44%
-0.18
+44.79%
-0.33
Capital Expenditure Reported
-1.28
0.00
0.00
0.00
Net Investment Purchase And Sale
—
—
0.00
0.00
Sale Of Investment
—
—
0.00
0.00
Net Business Purchase And Sale
—
—
0.00
0.00
Purchase Of Business
—
—
0.00
0.00
Net Intangibles Purchase And Sale
0.00
+100.00%
-4.76
0.00
0.00
Purchase Of Intangibles
0.00
+100.00%
-4.76
0.00
0.00
Net Other Investing Changes
52.85
+159.01%
20.41
-26.90%
27.92
+77.32%
15.74
Financing Cash Flow
1,682.03
+65.52%
1,016.23
+89.68%
535.77
-38.70%
874.02
Cash Flow From Continuing Financing Activities
1,682.03
+65.52%
1,016.23
+89.68%
535.77
-38.70%
874.02
Net Issuance Payments Of Debt
1,639.55
+62.02%
1,011.93
+88.21%
537.67
-40.22%
899.46
Issuance Of Debt
5,284.71
+46.34%
3,611.30
+66.57%
2,168.07
-33.74%
3,271.99
Repayment Of Debt
-3,645.16
-40.23%
-2,599.38
-59.43%
-1,630.40
+31.28%
-2,372.53
Long Term Debt Issuance
5,284.71
+46.34%
3,611.30
+66.57%
2,168.07
-33.74%
3,271.99
Long Term Debt Payments
-3,645.16
-40.23%
-2,599.38
-59.43%
-1,630.40
+31.28%
-2,372.53
Net Long Term Debt Issuance
1,639.55
+62.02%
1,011.93
+88.21%
537.67
-40.22%
899.46
Net Common Stock Issuance
33.63
+291.32%
8.60
+495.22%
1.44
+137.89%
0.61
Common Stock Payments
-7.33
-373.23%
-1.55
-80.02%
-0.86
-87.99%
-0.46
Repurchase Of Capital Stock
-7.33
-373.23%
-1.55
-80.02%
-0.86
-87.99%
-0.46
Proceeds From Stock Option Exercised
10.91
0.00
0.00
0.00
Net Other Financing Charges
-2.06
+51.98%
-4.29
-28.49%
-3.34
+87.17%
-26.05
Changes In Cash
178.41
+1903.90%
8.90
+7001.55%
-0.13
-100.89%
14.45
Beginning Cash Position
70.83
+14.38%
61.93
-0.21%
62.06
+30.36%
47.60
End Cash Position
249.24
+251.88%
70.83
+14.38%
61.93
-0.21%
62.06
Free Cash Flow
16.59
-49.26%
32.71
-32.78%
48.66
+0.63%
48.35
Interest Paid Supplemental Data
344.88
+37.26%
251.26
+39.31%
180.36
+51.94%
118.71
Income Tax Paid Supplemental Data
50.74
+22.11%
41.55
+443.27%
7.65
-66.80%
23.04
Common Stock Issuance
40.97
+303.83%
10.14
+340.13%
2.31
+279.74%
0.61
Issuance Of Capital Stock
40.97
+303.83%
10.14
+340.13%
2.31
+279.74%
0.61
Net Preferred Stock Issuance
—
—
—
0.00
Preferred Stock Issuance
—
—
—
0.00
Preferred Stock Payments
—
—
—
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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