VELOCITY FINANCIAL INC (VEL)
Financials · Non-agency real estate finance / investor property lending · NYSE
Vertically integrated real estate lender specializing in non-traditional investor loans for residential and commercial properties, with $6.5 billion in portfolio and funding through securitization.
What VELOCITY FINANCIAL INC does
Velocity Financial is a vertically integrated real estate finance company that originates, manages, and funds investor loans secured by 1-4 unit residential rental and commercial properties. The company's primary revenue comes from interest income on its loan portfolio, which totaled $6.5 billion in unpaid principal balance as of December 31, 2025, with an average loan size of approximately $390,000. The company funds its portfolio through warehouse facilities, securitized debt, and corporate debt, and has executed 46 securitized debt offerings since 2011.
Themes: Non-QM mortgage origination, Real estate investment lending, Securitization and asset-backed securities, Residential rental property finance
Fundamentals
- Price$18.34 as of 2026-08-21 close
- Market cap$724M as of 2026-08-21
- 1-year return-2.4% 2025-08-21 close $18.79 → 2026-08-21 close $18.34
- P/E6.65 as of 2026-08-24
- Net margin+20.6% as of 2026-08-24
- Gross margin+106.0% as of 2026-08-24
- ROE+16.7% as of 2026-08-24
- Debt / equity9.69 as of 2026-08-24
- Revenue growth (YoY)+18.0% as of 2026-08-24
- Beta0.73 as of 2026-08-24
- Last reported earnings2026-08-05 SEC EDGAR Form 8-K (Item 2.02)
How VEL compares in its sector
- price-to-earnings ratiobottom 10% 525 covered Financials peers, as of 2026-08-24
- net profit marginmiddle range 538 covered Financials peers, as of 2026-08-24
- operating margintop 10% 534 covered Financials peers, as of 2026-08-24
- gross margintop 10% 176 covered Financials peers, as of 2026-08-24
- return on equitytop 25% 575 covered Financials peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)bottom 25% 431 covered Financials peers, as of FY2025
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How VELOCITY FINANCIAL INC looks technically
VELOCITY FINANCIAL INC (VEL) is trading 1.0% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 86 trading days ago — a "death cross", a bearish long-term signal. A strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 25, with buyers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 59, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 11 trading days ago.
Trend
8
| Distance from the 200-day | it is trading 1.0% below its 200-day average, the long-term trend line — a long-term downtrend | -1.0% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $17.79 | $17.79 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $18.53 | $18.53 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing high 10 calendar days ago — the swings before that are what the structure reading is measured on | 10 sessions |
| Wave structure | its recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 19.19. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave upward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 86 trading days ago — a "death cross", a bearish long-term signal | 86 sessions |
| Trend strength (14-day ADX) | a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 25, with buyers in control | 25.3 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 59, neither overbought (above 70) nor oversold (below 30) | 59.2 |
|---|---|---|
| Position in its 14-day range | it is trading around the middle of its 14-day range ($17.33 to $19.19) — its "stochastic" reading is 54 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 54.3 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 19 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $21.39 | $21.39 |
|---|---|---|
| From the 52-week high | it is 14.3% below its 52-week high (its highest price of the past year) | -14.3% |
| Above the 52-week low | it is 10.2% above its 52-week low (its lowest price of the past year) | +10.2% |
| Below the 52-week high | it is 14.3% below its highest point of the past year | 14.3% |
| Since a 20-day breakout | it made a new 20-day high about 11 trading days ago | 11 sessions |
| Since a 55-day breakout | it is trading within its recent 55-day range, with no fresh breakout up or down | 0 sessions |
| All-time high | its highest closing price on record is $21.39 (set on 2026-01-02) | $21.39 |
| Given back of the 52-week move | over the past year its closes ranged ($16.97 to $20.76), and it has recovered roughly a third of its fall from last year’s high — 36% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $19.31 to $19.43. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 36.1% |
| From the all-time high | it is 14.3% below its all-time high | -14.3% |
| Nearest price level | it is trading 0.6% below a resistance level at $18.45 — a price it turned at 12 times since 2024-10-02, most recently on 2025-12-08. Since 2024-08-21 it has 3 such levels below the current price and 5 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +0.6% |
| All-time low | its lowest closing price on record is $2.24 (set on 2020-04-03) | $2.24 |
| Above the all-time low | it is 718.7% above its all-time low | +718.7% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 85% of it) | 15th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.469 between its high and its low — about 2.6% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.469 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $17.40 and $18.56 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $17.40 – $17.98 – $18.56 |
| Typical daily range (% of price) | its price moves about 2.6% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.6% |
| Stretch from the 200-day average | it is trading 0.4 daily ranges below its 200-day average price (1.0% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 0.4 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.86× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a doji | 2 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 2 sessions ago |
|---|
Price gaps
1
| Gap at the open | it opened on 2026-08-21 0.2% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -0.2% |
|---|
Price streaks
1
| Closing streak | it has closed higher 4 sessions in a row, a +2.46% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 4 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 4.4 percentage points (the stock gained 6.8% while the market gained 2.3%) | +4.4% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 1.4 percentage points (the stock gained 4.5% while the market gained 3.1%) | +1.4% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 14.6 percentage points (the stock lost 3.6% while the market gained 11.1%) | -14.6% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 22.9 percentage points (the stock lost 2.4% while the market gained 20.5%) | -22.9% |
Signal agreement
2
| Bullish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bullish state: a strong uptrend, with buyers in control, MACD momentum is positive, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 3 of 9 |
|---|---|---|
| Bearish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, lagging the market over 6 months — these describe past price behaviour, not a forecast | 3 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 0.6% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is thin, spanning 1.0% of the share price, which is taken to mean a barrier that gives way easily. | +0.6% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 1% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $18.44 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | -0.5% |
|---|---|---|
| Vs the average paid since it last reported | the price is 1% above the average price paid since it last reported on 2026-08-05 (its 8-K), so the typical buyer over that stretch is showing a gain. That average is $18.18 — a volume-weighted average of daily closes over 13 sessions, not a true tick-by-tick VWAP. | +0.9% |
Price levels it has turned at before
VEL last closed at $18.34 on 2026-08-21. Since 2024-08-21 it has turned at 3 prices below its last close and 5 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $18.45 | Resistance | 0.6% above the last close | turned there 12 times · 2024-10-02 to 2025-12-08 |
| $17.92 | Support | 2.3% below the last close | turned there 11 times · 2024-10-21 to 2026-07-29 |
| $19.00 | Resistance | 3.6% above the last close | turned there 10 times · 2024-10-10 to 2026-08-11 |
| $19.47 | Resistance | 6.2% above the last close | turned there six times · 2025-06-16 to 2026-03-12 |
| $17.02 | Support | 7.2% below the last close | turned there four times · 2026-03-18 to 2026-07-23 |
| $16.21 | Support | 11.6% below the last close | turned there four times · 2025-04-11 to 2025-08-01 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $19.19.
It is the only labelling that fits these swings, though its proportions are not the textbook ones.
This reading has stood for 5 trading days, since 2026-08-17.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · in a strong, established uptrend (ADX) · lagging the market · Trading at this year’s average price paid (anchored VWAP) · Trading above the Ichimoku cloud · Near a resistance level (pressing into a price that has capped it before) | Learn: moving average · golden cross · adx · rsi · breakout
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingHold (2.67 mean, 1=Strong Buy…5=Strong Sell) — 3 analysts
- Mean price target$21.50 range $19.00 – $23.50; median $22.00
Analyst estimates, as of 2026-08-17. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for VEL
- Consensus EPS estimate$0.6967 next reporting period, as of 2026-08-17
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Interest rate risk and exposure to changes in funding costs on corporate debt and warehouse facilities","Credit risk on the loan portfolio with concentration in residential rental properties","Reliance on securitization market for long-term, non-recourse financing and refinancing ability"]
What changed in the latest 10-Q
AI-assisted comparison of VEL's 10-Q filed 2026-05-07 against the prior one filed 2025-11-07.
Management's Discussion & Analysis (MD&A)
- Added:
- Added disclosure of 22 years since inception (newer: 2026-05-07) vs. 21 years (older: 2025-11-07)
- Added statement that company 'originate[s], securitize[s], and manage[s]' portfolio (newer: 2026-05-07)
- Added reference to 'loans for multi-family, mixed use and commercial properties' in addition to investor 1-4 loans (newer: 2026-05-07)
- Added specific securitization transactions completed in February and March 2026 totaling $545.1 million UPB (newer: 2026-05-07)
- Added Corporate Debt subsection detailing January 2026 issuance of $500 million 9.375% Senior Notes and payoff of $215 million 2022 Term Loan (newer: 2026-05-07)
- Added 'unsecured and secured debt' to funding sources description (newer: 2026-05-07)
- Added mention of 'unsecured debt' to portfolio-related debt exclusion language (newer: 2026-05-07)
- Removed:
- Removed reference to 'corporate debt' from funding sources list, now listed separately (older: 2025-11-07)
- Removed comparative nine-month financial metrics for Q3 2025 (older: 2025-11-07)
- Removed year-to-date comparison data showing pre-tax income of $96.2 million and net income of $70.2 million for nine months ended September 30, 2025 (older: 2025-11-07)
- Removed 'particularly within our network of mortgage brokers' from objective statement (older: 2025-11-07)
- Reworded:
- Changed reference year from 'December 31, 2024' to 'December 31, 2025' in opening sentence (newer: 2026-05-07)
- Changed portfolio date from 'September 30, 2025' to 'March 31, 2026' throughout (newer: 2026-05-07)
- Changed average loan balance from '$393 thousand' to '$388 thousand' (newer: 2026-05-07)
- Changed total portfolio UPB from '$6.3 billion' to '$6.8 billion' (newer: 2026-05-07)
- Changed weighted average LTV from '65.5%' to '64.9%' (newer: 2026-05-07)
- Changed investor 1-4 loan percentage from '49.2%' to '46.9%' of UPB (newer: 2026-05-07)
- Changed annualized yield from '9.54%' (Q3 2025) to '9.23%' (Q1 2026) (newer: 2026-05-07)
- Changed number of securitized transactions from '44' to '48' (newer: 2026-05-07)
- Changed gross debt proceeds total from '$9.9 billion' to '$11.1 billion' (newer: 2026-05-07)
- Changed period reference from 'May 2011 through September 2025' to 'May 2011 through March 2026' (newer: 2026-05-07)
- Changed wording from 'We may also continue to sell loans' to 'We may also sell loans' (newer: 2026-05-07)
- Changed portfolio-related debt exclusion from 'excludes corporate debt' to 'excludes corporate debt and unsecured debt' (newer: 2026-05-07)
- Changed annualized portfolio related net interest margin from '3.65%' (Q3 2025) to '3.56%' (Q1 2026) (newer: 2026-05-07)
- Changed comparison margin from '3.60%' (Q3 2024) to '3.35%' (Q1 2025) (newer: 2026-05-07)
- Changed pre-tax income from '$35.4 million' (Q3 2025) to '$30.9 million' (Q1 2026) (newer: 2026-05-07)
- Changed net income from '$25.4 million' (Q3 2025) to '$22.4 million' (Q1 2026) (newer: 2026-05-07)
- Changed comparison pre-tax income from '$21.2 million' (Q3 2024) to '$26.9 million' (Q1 2025) (newer: 2026-05-07)
- Changed comparison net income from '$15.8 million' (Q3 2024) to '$18.9 million' (Q1 2025) (newer: 2026-05-07)
- Reordered Business section to state 'originate, securitize, and manage' before specifying loan types (newer: 2026-05-07)
- Notes:
- The newer filing covers Q1 2026 (ended March 31, 2026) while older filing covers Q3 2025 (ended September 30, 2025), making period-to-period comparisons reflect different quarters and fiscal years
- Text truncation at end of both filings prevents full comparison of 'Critical Accounting Policies' section
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 10 open-market sales by insiders in the last 90 days.
- Last 30 days0 buys · 6 sells ($185458) — 4 selling insiders
- Last 90 days0 buys · 10 sells ($286015) — 4 selling insiders
- Last 180 days0 buys · 13 sells ($387492) — 4 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-08-11. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about VEL's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding VEL as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 1,959,379
- Reported value $35,445,175
reported quarterly holdings change (2025-12-31 → 2026-03-31): 1 new, 3 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
VEL had 1,609,368 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
VEL had 4.08% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 14.93 days to cover at the same settlement.
- Reported short interest (shares) 1,609,368
- Short interest (% of shares outstanding) 4.08%
- Prior settlement (shares) 1,503,194
- Reported change 7.06%
- Days to cover (reported) 14.93
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Figure Technologies
- Lend Up
- Visio Lending
- Trinity Capital Inc (TRIN)
- Ready Capital Corporation (RC)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does VELOCITY FINANCIAL INC (VEL) do?
Velocity Financial is a vertically integrated real estate finance company that originates, manages, and funds investor loans secured by 1-4 unit residential rental and commercial properties. The company's primary revenue comes from interest income on its loan portfolio, which totaled $6.5 billion in unpaid principal balance as of December 31, 2025, with an average loan size of approximately $390,000.
What sector is VELOCITY FINANCIAL INC (VEL) in?
VELOCITY FINANCIAL INC (VEL) is classified in the Financials sector. Its industry is Non-agency real estate finance / investor property lending. It trades on NYSE.
Who are VELOCITY FINANCIAL INC's (VEL) competitors?
Notable peers of VELOCITY FINANCIAL INC (VEL) include Figure Technologies, Lend Up, Visio Lending, Trinity Capital Inc and Ready Capital Corporation. This peer set is informational only — not financial advice.
Is VELOCITY FINANCIAL INC (VEL) overbought or oversold right now?
VELOCITY FINANCIAL INC (VEL) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 59, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on VEL come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.