$16.87
0[0.00%]
At close: Apr 25
$16.87
0[0.00%]
After Hours: 4:20PM EDT
Velocity Financial
(NYSE:VEL)Velocity Financial Stock (NYSE:VEL), Analyst Ratings, Price Targets, Predictions
Velocity Financial Inc has a consensus price target of $16.79, established from looking at the 20 latest analyst ratings. The last 3 analyst ratings were released from Raymond James, Citigroup, and BTIG on March 15, 2024, March 11, 2024, and March 11, 2024. With an average price target of $18.67 between Raymond James, Citigroup, and BTIG, there's an implied 10.65% upside for Velocity Financial Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Raymond James
Citigroup
BTIG
JMP Securities
Wells Fargo
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Velocity Financial
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/15/2024 | VEL | Buy Now | Velocity Financial | $16.87 | 18.55% | Raymond James | Stephen Laws | $17.5 → $20 | Reiterates | Outperform → Outperform | Get Alert |
| 03/11/2024 | VEL | Buy Now | Velocity Financial | $16.87 | 6.7% | Citigroup | Arren Cyganovich | $17 → $18 | Maintains | Neutral | Get Alert |
| 03/11/2024 | VEL | Buy Now | Velocity Financial | $16.87 | 6.7% | BTIG | Sarah Barcomb | $17 → $18 | Maintains | Buy | Get Alert |
| 03/08/2024 | VEL | Buy Now | Velocity Financial | $16.87 | 3.73% | JMP Securities | Chris McGinnis | $13.5 → $17.5 | Maintains | Market Outperform | Get Alert |
| 03/08/2024 | VEL | Buy Now | Velocity Financial | $16.87 | 6.7% | Wells Fargo | Donald Fandetti | $14 → $18 | Maintains | Overweight | Get Alert |
| 12/12/2023 | VEL | Buy Now | Velocity Financial | $16.87 | 0.77% | BTIG | Sarah Barcomb | $14 → $17 | Maintains | Buy | Get Alert |
| 10/23/2023 | VEL | Buy Now | Velocity Financial | $16.87 | -17.01% | BTIG | Sarah Barcomb | → $14 | Initiates | → Buy | Get Alert |
| 10/06/2023 | VEL | Buy Now | Velocity Financial | $16.87 | -22.94% | Citigroup | Arren Cyganovich | $14 → $13 | Maintains | Neutral | Get Alert |
| 08/08/2023 | VEL | Buy Now | Velocity Financial | $16.87 | 3.73% | Raymond James | Stephen Laws | $12.5 → $17.5 | Maintains | Outperform | Get Alert |
| 08/04/2023 | VEL | Buy Now | Velocity Financial | $16.87 | -19.98% | JMP Securities | Chris McGinnis | — | Maintains | Market Outperform | Get Alert |
| 07/10/2023 | VEL | Buy Now | Velocity Financial | $16.87 | -28.87% | Citigroup | Arren Cyganovich | $10 → $12 | Maintains | Neutral | Get Alert |
| 05/05/2023 | VEL | Buy Now | Velocity Financial | $16.87 | -28.87% | JMP Securities | Chris McGinnis | → $12 | Reiterates | → Market Outperform | Get Alert |
| 03/10/2023 | VEL | Buy Now | Velocity Financial | $16.87 | -28.87% | JMP Securities | Chris Muller | → $12 | Reiterates | → Market Outperform | Get Alert |
| 10/13/2022 | VEL | Buy Now | Velocity Financial | $16.87 | — | Citigroup | Arren Cyganovich | — | Downgrade | Buy → Neutral | Get Alert |
| 08/08/2022 | VEL | Buy Now | Velocity Financial | $16.87 | -17.01% | Wells Fargo | Donald Fandetti | $13 → $14 | Maintains | Overweight | Get Alert |
| 05/13/2022 | VEL | Buy Now | Velocity Financial | $16.87 | -22.94% | Citigroup | Arren Cyganovich | $15 → $13 | Maintains | Buy | Get Alert |
| 03/11/2022 | VEL | Buy Now | Velocity Financial | $16.87 | -11.08% | Wells Fargo | Donald Fandetti | $16 → $15 | Maintains | Overweight | Get Alert |
| 08/10/2021 | VEL | Buy Now | Velocity Financial | $16.87 | 0.77% | Raymond James | Stephen Laws | — | Maintains | Outperform | Get Alert |
| 08/06/2021 | VEL | Buy Now | Velocity Financial | $16.87 | -17.01% | JMP Securities | — | — | Maintains | Market Outperform | Get Alert |
FAQ
What is the target price for Velocity Financial (VEL)?
The latest price target for Velocity Financial (NYSE: VEL) was reported by Raymond James on March 15, 2024. The analyst firm set a price target for $20.00 expecting VEL to rise to within 12 months (a possible 18.55% upside). 12 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Velocity Financial (VEL)?
The latest analyst rating for Velocity Financial (NYSE: VEL) was provided by Raymond James, and Velocity Financial reiterated their outperform rating.
When was the last upgrade for Velocity Financial (VEL)?
There is no last upgrade for Velocity Financial.
When was the last downgrade for Velocity Financial (VEL)?
The last downgrade for Velocity Financial Inc happened on October 13, 2022 when Citigroup changed their price target from N/A to N/A for Velocity Financial Inc.
When is the next analyst rating going to be posted or updated for Velocity Financial (VEL)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Velocity Financial, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Velocity Financial was filed on March 15, 2024 so you should expect the next rating to be made available sometime around March 15, 2025.
Is the Analyst Rating Velocity Financial (VEL) correct?
While ratings are subjective and will change, the latest Velocity Financial (VEL) rating was a reiterated with a price target of $17.50 to $20.00. The current price Velocity Financial (VEL) is trading at is $16.87, which is out of the analyst’s predicted range.
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