|Bid||0.00 x 1300|
|Ask||0.00 x 900|
|Day's Range||10.40 - 11.25|
|52 Week Range||2.46 - 11.25|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||0.09|
|Earnings Date||May 06, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.75|
Velocity Financial, Inc. (NYSE: VEL), ("Velocity" or the "Company"), a leading provider of small balance investor loans, today announced that Kroll Bond Rating Agency ("KBRA") has upgraded and affirmed the ratings on the 12 outstanding securitizations issued by its wholly-owned subsidiary, Velocity Commercial Capital, LLC ("VCC"). The rating actions occurred in conjunction with the completion of KBRA’s comprehensive surveillance review.
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 doesn't suggest further strength down the road.
As you might know, Velocity Financial, Inc. ( NYSE:VEL ) last week released its latest first-quarter, and things did...