Veritex Holdings Stock Today
| VBTX Stock | USD 20.79 0.02 0.1% |
Performance0 of 100
| Odds Of DistressLess than 8
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Veritex Holdings is trading at 20.79 as of the 25th of April 2024; that is 0.1 percent up since the beginning of the trading day. The stock's open price was 20.77. Veritex Holdings has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Veritex Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Banks | IPO Date 9th of October 2014 | Category Financial Services | Classification Financials |
Veritex Holdings, Inc. operates as the bank holding company for Veritex Community Bank that provides various commercial banking products and services to small and medium-sized businesses, and professionals. Veritex Holdings, Inc. was incorporated in 2009 and is headquartered in Dallas, Texas. The company has 54.5 M outstanding shares of which 1.23 M shares are at this time shorted by private and institutional investors with about 2.6 trading days to cover. More on Veritex Holdings
Moving together with Veritex Stock
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| 0.91 | BY | Byline Bancorp Normal Trading | PairCorr |
| 0.83 | PB | Prosperity Bancshares Normal Trading | PairCorr |
Moving against Veritex Stock
| 0.69 | KB | KB Financial Group Earnings Call Today | PairCorr |
| 0.67 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
| 0.61 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
| 0.46 | TECTP | Tectonic Financial | PairCorr |
| 0.43 | CFG-PD | Citizens Financial | PairCorr |
| 0.42 | DB | Deutsche Bank AG Earnings Call Today | PairCorr |
Veritex Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Veritex Holdings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Veritex Holdings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Vice Chairman of the Board | T Falgout | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Banking (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, NASDAQ Composite, SP Small-Cap 600, NASDAQ Financial 100, NASDAQ Composite Total, Banking, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Veritex Holdings report their recommendations after researching Veritex Holdings' financial statements, talking to executives and customers, or listening in on Veritex Holdings' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Veritex Holdings. The Veritex consensus assessment is calculated by taking the average forecast from all of the analysts covering Veritex Holdings. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Veritex Holdings' liquidity, profitability, solvency, and operating efficiency, Veritex Holdings is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Veritex Holdings is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Veritex Holdings' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Veritex Holdings' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Veritex Holdings' financial leverage. It provides some insight into what part of Veritex Holdings' total assets is financed by creditors.
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Veritex Holdings (VBTX) is traded on NASDAQ Exchange in USA. It is located in 8214 Westchester Drive, Dallas, TX, United States, 75225 and employs 820 people. Veritex Holdings is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.13 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Veritex Holdings's market, we take the total number of its shares issued and multiply it by Veritex Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Veritex Holdings conducts business under Banks sector and is part of Financials industry. The entity has 54.5 M outstanding shares of which 1.23 M shares are at this time shorted by private and institutional investors with about 2.6 trading days to cover.
Veritex Holdings currently holds about 463.35 M in cash with 144.09 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.58.
Check Veritex Holdings Probability Of Bankruptcy
Ownership AllocationVeritex Holdings maintains a total of 54.5 Million outstanding shares. The majority of Veritex Holdings outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Veritex Holdings to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Veritex Holdings. Please pay attention to any change in the institutional holdings of Veritex Holdings as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Veritex Ownership Details
Veritex Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Veritex Holdings jumping above the current price in 90 days from now is about 21.8%. The Veritex Holdings probability density function shows the probability of Veritex Holdings stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.4818. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Veritex Holdings will likely underperform. Additionally, veritex Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Veritex Holdings to move above the current price in 90 days from now is about 21.8 (This Veritex Holdings probability density function shows the probability of Veritex Stock to fall within a particular range of prices over 90 days) .
Veritex Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Veritex Holdings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Veritex Holdings' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Veritex Holdings' value.| Instituion | Recorded On | Shares | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 873 K | |
| Nuveen Asset Management, Llc | 2023-12-31 | 858.4 K | |
| Aristotle Capital Boston, Llc | 2023-12-31 | 792.4 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 677.8 K | |
| Northern Trust Corp | 2023-12-31 | 666 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 647.5 K | |
| Rmb Capital Management, Llc | 2023-09-30 | 583.7 K | |
| Wellington Management Company Llp | 2023-12-31 | 547.2 K | |
| Hightower Advisors, Llc | 2023-12-31 | 534.2 K | |
| Blackrock Inc | 2023-12-31 | 7.8 M | |
| T. Rowe Price Investment Management,inc. | 2023-12-31 | 4.6 M |
Veritex Holdings Historical Income Statement
Veritex Holdings Income Statement is one of the three primary financial statements used for reporting Veritex's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Veritex Holdings revenue and expense. Veritex Holdings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Veritex Holdings' Income Tax Expense is fairly stable compared to the past year. Cost Of Revenue is likely to rise to about 60 M in 2024, whereas Operating Income is likely to drop slightly above 76.2 M in 2024. View More FundamentalsVeritex Stock Against Markets
Picking the right benchmark for Veritex Holdings stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Veritex Holdings stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Veritex Holdings is critical whether you are bullish or bearish towards Veritex Holdings at a given time. Please also check how Veritex Holdings' historical prices are related to one of the top price index indicators.
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Veritex Holdings Corporate Directors
Veritex Holdings corporate directors refer to members of a Veritex Holdings board of directors. The board of directors generally takes responsibility for the Veritex Holdings' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Veritex Holdings' board members must vote for the resolution. The Veritex Holdings board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Mark Griege | Independent Director | Profile | |
| John Sughrue | Independent Director | Profile | |
| Thomas Mastor | Director | Profile | |
| William Ellis | Independent Director | Profile |
How to buy Veritex Stock?
Before investing in Veritex Holdings, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Veritex Holdings. To buy Veritex Holdings stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Veritex Holdings. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Veritex Holdings stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Veritex Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Veritex Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Veritex Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Veritex Stock please use our How to Invest in Veritex Holdings guide.
Already Invested in Veritex Holdings?
The danger of trading Veritex Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Veritex Holdings is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Veritex Holdings. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Veritex Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Veritex Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veritex Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Veritex Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veritex Holdings Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veritex Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Veritex Stock please use our How to Invest in Veritex Holdings guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Veritex Stock analysis
When running Veritex Holdings' price analysis, check to measure Veritex Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Veritex Holdings is operating at the current time. Most of Veritex Holdings' value examination focuses on studying past and present price action to predict the probability of Veritex Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veritex Holdings' price. Additionally, you may evaluate how the addition of Veritex Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Veritex Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veritex Holdings. If investors know Veritex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veritex Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.37) | Dividend Share 0.6 | Earnings Share 1.98 | Revenue Per Share 6.722 | Quarterly Revenue Growth (0.12) |
The market value of Veritex Holdings is measured differently than its book value, which is the value of Veritex that is recorded on the company's balance sheet. Investors also form their own opinion of Veritex Holdings' value that differs from its market value or its book value, called intrinsic value, which is Veritex Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veritex Holdings' market value can be influenced by many factors that don't directly affect Veritex Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veritex Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Veritex Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veritex Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.