Stock Track | Velocity Financial Soars 5.77% as Q4 Results Impress, Analysts Reiterate Buy Ratings

Stock Track

Mar 07

Shares of Velocity Financial, LLC (VEL) surged 5.77% in the pre-market session on Friday, following the company's strong fourth-quarter and full-year 2024 financial results. The robust performance and positive outlook led analysts to reiterate their Buy ratings on the stock.

Velocity Financial reported a 37% increase in net revenue for the fourth quarter, driven by an 18.2% rise in loan originations totaling $563.5 million. The company's pre-tax return on equity (ROE) reached an impressive 26.8% in Q4, reflecting its profitable business model. Additionally, the company's total loan portfolio grew to $5.1 billion as of December 31, 2024, with a weighted average coupon of 9.53%.

Analysts at JMP Securities reiterated their Buy rating on Velocity Financial and set a price target of $21.00, citing the company's strong performance and growth prospects. In particular, the analysts highlighted the company's ability to capitalize on the tight lending environment by banks, securing larger commercial loan opportunities.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1182651160"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1182651160\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1182651160?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-07 22:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1182651160","market":"hk","top_or_hot":-1,"title":"Stock Track | Velocity Financial Soars 5.77% as Q4 Results Impress, Analysts Reiterate Buy Ratings","media":"Stock Track","content":"<p>Shares of Velocity Financial, LLC (VEL) surged 5.77% in the pre-market session on Friday, following the company's strong fourth-quarter and full-year 2024 financial results. The robust performance and positive outlook led analysts to reiterate their Buy ratings on the stock.</p>\n\n<p>Velocity Financial reported a 37% increase in net revenue for the fourth quarter, driven by an 18.2% rise in loan originations totaling $563.5 million. The company's pre-tax return on equity (ROE) reached an impressive 26.8% in Q4, reflecting its profitable business model. Additionally, the company's total loan portfolio grew to $5.1 billion as of December 31, 2024, with a weighted average coupon of 9.53%.</p>\n\n<p>Analysts at JMP Securities reiterated their Buy rating on Velocity Financial and set a price target of $21.00, citing the company's strong performance and growth prospects. In particular, the analysts highlighted the company's ability to capitalize on the tight lending environment by banks, securing larger commercial loan opportunities.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Velocity Financial Soars 5.77% as Q4 Results Impress, Analysts Reiterate Buy Ratings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Velocity Financial Soars 5.77% as Q4 Results Impress, Analysts Reiterate Buy Ratings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-03-07 22:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Velocity Financial, LLC (VEL) surged 5.77% in the pre-market session on Friday, following the company's strong fourth-quarter and full-year 2024 financial results. The robust performance and positive outlook led analysts to reiterate their Buy ratings on the stock.</p>\n\n<p>Velocity Financial reported a 37% increase in net revenue for the fourth quarter, driven by an 18.2% rise in loan originations totaling $563.5 million. The company's pre-tax return on equity (ROE) reached an impressive 26.8% in Q4, reflecting its profitable business model. Additionally, the company's total loan portfolio grew to $5.1 billion as of December 31, 2024, with a weighted average coupon of 9.53%.</p>\n\n<p>Analysts at JMP Securities reiterated their Buy rating on Velocity Financial and set a price target of $21.00, citing the company's strong performance and growth prospects. In particular, the analysts highlighted the company's ability to capitalize on the tight lending environment by banks, securing larger commercial loan opportunities.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VEL","symbol_name":"Velocity Financial, LLC","start_time":0,"source_url":"","article_id":"1182651160","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1182651160","pubTimestamp":1741358008,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Velocity Financial, LLC  surged 5.77% in the pre-market session on Friday, following the company's strong fourth-quarter and full-year 2024 financial results. The robust performance and positive outlook led analysts to reiterate their Buy ratings on the stock.Velocity Financial reported a 37% increase in net revenue for the fourth quarter, driven by an 18.2% rise in loan originations totaling $563.5 million. The company's pre-tax return on equity  reached an impressive 26.8% in Q4, ref","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"VEL":"Velocity Financial, LLC"},"translate_title":"股票赛道Velocity Financial飙升5.77%，第四季度业绩令人印象深刻，分析师重申买入评级","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VEL":1},"content_text":"Shares of Velocity Financial, LLC (VEL) surged 5.77% in the pre-market session on Friday, following the company's strong fourth-quarter and full-year 2024 financial results. The robust performance and positive outlook led analysts to reiterate their Buy ratings on the stock.\nVelocity Financial reported a 37% increase in net revenue for the fourth quarter, driven by an 18.2% rise in loan originations totaling $563.5 million. The company's pre-tax return on equity (ROE) reached an impressive 26.8% in Q4, reflecting its profitable business model. Additionally, the company's total loan portfolio grew to $5.1 billion as of December 31, 2024, with a weighted average coupon of 9.53%.\nAnalysts at JMP Securities reiterated their Buy rating on Velocity Financial and set a price target of $21.00, citing the company's strong performance and growth prospects. In particular, the analysts highlighted the company's ability to capitalize on the tight lending environment by banks, securing larger commercial loan opportunities.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}