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VELVelocity Financial, Inc.
$15.21$601M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
VEL logo

Velocity Financial, Inc.

VEL
NYSE · Mortgage Finance
$15.21
At close - Oct 22, 4:00 PM EDT - USD
Market Cap$597M
P/E5.5x
52W High$21.40
Volume176.83K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Leverage-Driven Growth Masks Thin NIM and Cash Quality

Velocity Financial is executing a rapid asset expansion strategy, with total assets growing 23% year-over-year to $8.0B in 2026Q2, but this growth is heavily reliant on leverage as equity-to-assets remains thin at 0.09. The company's earnings are increasingly ...

GrowthAccelerating
ProfitabilityStable
ValuationReview
TechnicalsWeak
Explore valuation models
MARKET ACTION

VEL price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

11/12 Beats

EPS beat 11 of last 12 quarters

02

Valuation risk

-38% Peers

P/E is 38% below peer median

03

Market leadership

RS 29 · Lag

Laggard (Underperforming 71% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Oct 29

Market performance

Price History →

Trailing total returns as of 10/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
VEL-22.16%
S&P 500 (^GSPC)+11.83%
1-Year Return
VEL-17.38%
S&P 500 (^GSPC)+14.40%
3-Year Return
VEL+35.20%
S&P 500 (^GSPC)+85.65%
5-Year Return
VEL+24.06%
S&P 500 (^GSPC)+69.00%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
5.6x
Forward P/EExpansion
5.5x
EV/EBITDA0th %ile
13.7x
FCF YieldCash Flow
3.0%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
5.6x
10.4x
0th· Low
EV/EBITDA
13.7x
56.0x
0th· Low
Price/FCF
33.6x
9.8x
80th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue
$349M+48.3% YoY
Net income
$105M+53.5% YoY
Free cash flow
$18M-52.3% YoY
Operating margin
71.6%+51.6 pts YoY
ROIC (TTM)6.1%
Avg ROIC 5Y-
ROE (TTM)17.6%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate11/12 (92%)
Revenue Beat Rate11/12 (92%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 5, 2026
$0.71+9.1%
vs $0.65
$95M+11.0%
vs $86M
Q2 2026
May 6, 2026
$0.68+6.3%
vs $0.64
$85M+24.4%
vs $69M
Q2 2026
Mar 11, 2026
$0.93+38.8%
vs $0.67
$103M+51.8%
vs $68M
Q4 2025
Nov 6, 2025
$0.69+3.0%
vs $0.67
$172M+227.9%
vs $53M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Business Wire·1d ago
Velocity Financial, Inc. Announces Date of Third Quarter 2026 Financial Results Webcast and Conference Call

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in investor real estate loans, will release its third quarter 2026 results after the market close on Wednesday, November 4, 2026. 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. Webcast Information The conference call will be webcast live in listen-only m.

Seeking Alpha·Aug 27, 2026
Velocity Financial, Inc. (VEL) M&A Call Prepared Remarks Transcript

Velocity Financial, Inc. (VEL) M&A Call Prepared Remarks Transcript

Business Wire·Aug 27, 2026
Velocity Enters into Agreements to Acquire Toorak's Operating Platform and Manage Toorak's $3 Billion Business-Purpose Loan Portfolio

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL; “Velocity” or the “Company”) today announced a definitive agreement to acquire the operating platform of Toorak Capital LLC (“Toorak”), a business-purpose lending and asset management platform which is majority owned by funds advised by affiliates of KKR, a leading global investment firm. Toorak has also entered into separate agreements with a third-party investment firm for the purchase of Toorak's existing portfol.

Seeking Alpha·Aug 6, 2026
Velocity Financial, Inc. (VEL) Q2 2026 Earnings Call Transcript

Velocity Financial, Inc. (VEL) Q2 2026 Earnings Call Transcript

Filtered for Velocity Financial, Inc.More Headlines
04

Compare before deciding

Benchmark VEL against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Velocity Financial, Inc. (VEL)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
VEL logoVELVelocity Financial, Inc.Current
$15.21$597.07M5.5348.33%14.7%17.57%—
RC logoRCReady Capital Corporation
$1.01$166.87M-0.701725.96%-135.95%-35.22%—
ACRE logoACREAres Commercial Real Estate Corporation
$3.26$180.87M-198.7822.54%-4.51%-0.88%—
GPMT logoGPMTGranite Point Mortgage Trust Inc.
$4.82$23.23M-0.42-25.45%-65.89%-15.12%—
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.
$4.30$174.58M3.5255.25%45.97%10.97%—
FBRT logoFBRTFranklin BSP Realty Trust, Inc.
$6.25$519.03M9.771.28%15.08%4.25%—

Compare VEL vs Peers

Velocity Financial, Inc. (VEL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs RC

Most directly comparable listed peer for VEL.

Scale Benchmark

vs RKT

Larger-name benchmark to compare VEL against a more recognizable public peer.

Peer Set

Compare Top 5

vs RC, ACRE, GPMT, TPVG

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

VEL SEC Filings & Documents

Velocity Financial, Inc. (VEL) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 5, 2026·SEC

Material company update

Aug 5, 2026·SEC

Material company update

May 26, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 12, 2026·SEC

FY 2025

Mar 12, 2025·SEC

FY 2024

Mar 15, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 6, 2026·SEC

FY 2026

May 7, 2026·SEC

FY 2025

Nov 7, 2025·SEC

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VEL Frequently Asked Questions

Velocity Financial, Inc. (VEL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Velocity Financial, Inc. growing?

Velocity Financial, Inc. (VEL) grew revenue by 48.3% over the past year. This is strong growth.

Is VEL profitable?

Yes, Velocity Financial, Inc. (VEL) is profitable, generating $107.7M in net income for fiscal year 2025 (14.7% net margin).

Dividend & Returns
What is VEL's return on equity?

Velocity Financial, Inc. (VEL) has a return on equity (ROE) of 17.6%. This is reasonable for most industries.

Industry Metrics
What is Velocity Financial, Inc.'s net interest margin?

Velocity Financial, Inc. (VEL) has a net interest margin (NIM) of 2.5%. NIM has been under pressure due to interest rate environment.

What is Velocity Financial, Inc.'s efficiency ratio?

Velocity Financial, Inc. (VEL) has an efficiency ratio of 23.8%. This is excellent, indicating strong cost control.

What if you invested $1,000 in VEL back in 2016?

Total return calculator · dividends reinvested · 10+ years of data

See returns →