|Bid||4.06 x 1100|
|Ask||16.09 x 800|
|Day's range||10.15 - 10.39|
|52-week range||8.15 - 13.60|
|Beta (5Y monthly)||0.91|
|PE ratio (TTM)||10.12|
|Earnings date||08 Mar 2023 - 13 Mar 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||14.00|
WESTLAKE VILLAGE, Calif., February 02, 2023--Velocity Financial, Inc. (NYSE:VEL) ("Velocity" or "Company"), a leader in commercial investor loans, will release its fourth quarter and full-year 2022 results after the market close on Thursday, March 9, 2023. Velocity’s executive management team will host a conference call and webcast to review its financial results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day.
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?
WESTLAKE VILLAGE, Calif., November 03, 2022--Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company) reported net income and core net income of $10.0 million for 3Q22, compared to net income and core net income of $8.0 million for 3Q21. Earnings and core earnings per diluted share were $0.29 for 3Q22, compared to $0.23 for 3Q21.