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VEL Stock Price, Chart, Stats & News

Velocity Financial, Inc.
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682.26M
Market cap
6.19x
Current P/E
Forward P/E

VEL chart

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Fundamentals

Gross margin
106.43%
Operating margin
34.81%
Pretax margin
22.85%
Net margin
16.34%
Effective tax rate
28.21%
ROA
1.42%
ROE
16.95%
D/E
9.72x
Interest coverage ratio
0.61x

VEL valuation

P/E
6.19x
P/S
1.09x
P/B
0.98x
P/CF
36.14x
P/FCF
39.34x
P/OCF
36.14x
PEG
0.55x
EV multiple
-11.24x

About

Operating across the United States, Velocity Financial, Inc. functions as a specialized real estate finance firm. Its core business involves generating and overseeing investment loans, which are typically secured by 1-4 unit residential rental properties and smaller commercial real estate assets. The company delivers its financial offerings to clients via an extensive network of independent mortgage brokers.

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