VEL - Velocity Financial, Inc.

NYSE - NYSE Delayed Price. Currency in USD
-0.22 (-1.62%)
At close: 4:00PM EST
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Previous Close13.62
Bid5.50 x 800
Ask13.02 x 900
Day's Range11.62 - 13.54
52 Week Range11.62 - 14.90
Avg. Volume229,558
Market Cap258.479M
Beta (5Y Monthly)N/A
PE Ratio (TTM)0.11
EPS (TTM)123.83
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est19.00
  • Business Wire

    Velocity Announces Pricing of $249 Million Securitization

    Velocity Financial, Inc. (NYSE: VEL), a leading originator of investor loans secured by 1-4 unit residential rental and small commercial properties, today announced the pricing of its first securitization transaction of 2020. The VCC 2020-1 Mortgage-Backed certificates (the "Certificates") are rated by KBRA (Kroll Bond Rating Agency) and are backed by a portfolio of loans originated through Velocity’s operating platform.

  • Business Wire

    Velocity Financial, Inc. Announces Pricing of its Initial Public Offering

    Velocity Financial, Inc. ("Velocity") today announced the pricing of its initial public offering of 7,250,000 shares of its common stock at $13.00 per share. Shares of Velocity’s common stock are expected to begin trading on the New York Stock Exchange on January 17, 2020 under the symbol "VEL," and the offering is expected to close on January 22, 2020, subject to customary closing conditions. Velocity has granted the underwriters a 30-day option to purchase up to an additional 1,087,500 shares of its common stock at the initial public offering price less the underwriting discount.