Velocity Financial (VEL)
(Delayed Data from NYSE)
$19.56 USD
-0.51 (-2.54%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $19.56 0.00 (0.00%) 7:58 PM ET
2-Buy of 5 2
D Value C Growth C Momentum C VGM
Velocity Financial (VEL) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$19.00 | $22.00 | $14.00 | -5.33% |
Price Target
Based on short-term price targets offered by five analysts, the average price target for Velocity Financial comes to $19.00. The forecasts range from a low of $14.00 to a high of $22.00. The average price target represents a decline of 5.33% from the last closing price of $20.07.
Analyst Price Targets (5 )
Broker Rating
Velocity Financial currently has an average brokerage recommendation (ABR) of 1.60 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by five brokerage firms. The current ABR compares to an ABR of 1.60 a month ago based on five recommendations.
Of the five recommendations deriving the current ABR, three are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 60% and 20% of all recommendations. A month ago, Strong Buy made up 60%, while Buy represented 20%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 2 | 3 | 3 | 3 | 3 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 0 | 0 | 0 | 0 |
ABR | 2.40 | 1.60 | 1.60 | 1.60 | 1.60 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/20/2024 | Wells Fargo Securities | Donald Fandetti | Strong Buy | Strong Sell |
8/2/2024 | BTIG | Sarah Barcomb | Strong Buy | Strong Buy |
8/2/2024 | JMP Securities | Steven C Delaney | Strong Buy | Strong Buy |
3/14/2024 | Raymond James | Stephen Laws | Moderate Buy | Moderate Buy |
3/11/2024 | Not Identified | Not Identified | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.40 |
ABR (Last week) | 1.60 |
# of Recs in ABR | 5 |
Average Target Price | $19.00 |
LT Growth Rate | NA |
Industry | Financial - Mortgage & Related Services |
Industry Rank by ABR | 89 of 253 |
Current Quarter EPS Est: | 0.47 |
VEL FAQs
Velocity Financial, Inc. (VEL) currently has an average brokerage recommendation (ABR) of 2.40 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 5 brokerage firms.
The average price target for Velocity Financial, Inc. (VEL) is $19.00. The current on short-term price targets is based on 1 reports.
The forecasts for Velocity Financial, Inc. (VEL) range from a low of $14 to a high of $22. The average price target represents a decline of $2.86 from the last closing price of $19.56.
The current DOWNSIDE for Velocity Financial, Inc. (VEL) is 2.86%
Based on short-term price targets offered by five analysts, the average price target for Velocity Financial comes to $19.00. The forecasts range from a low of $14.00 to a high of $22.00. The average price target represents a decline of 5.33% from the last closing price of $20.07.