Previous close | 12.13 |
Open | 11.94 |
Bid | 11.07 x 900 |
Ask | 13.47 x 1200 |
Day's range | 11.87 - 12.27 |
52-week range | 9.11 - 14.00 |
Volume | |
Avg. volume | 15,245 |
Market cap | 395.474M |
Beta (5Y monthly) | 0.94 |
PE ratio (TTM) | 14.02 |
EPS (TTM) | 0.87 |
Earnings date | 01 Nov 2022 - 07 Nov 2022 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 14.75 |
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?
WESTLAKE VILLAGE, Calif., August 04, 2022--Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company) reported net income and core net income of $10.6 million for 2Q22, compared to net income of $9.5 million and core net income of $8.5 million for 2Q21. Earnings and core earnings per diluted share were $0.31 for 2Q22, compared to $0.28 and $0.25 per share, respectively, for 2Q21.
Walker & Dunlop, Velocity Financial and Ocwen Financial are part of Zacks Industry Outlook article.