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Wells Fargo Maintains Underweight on Velocity Financial, Lowers Price Target to $19

Aug 7, 2026, 1:41 PMBenzinga Newsdesk

Wells Fargo analyst Donald Fandetti maintains Velocity Financial (NYSE:VEL) with a Underweight and lowers the price target from $20 to $19.

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SEC EDGARAug 27, 2026, 11:42 AMSEC EDGAR
8-K filing — Velocity Financial, Inc. (VEL)
Filed: 2026-08-27 AccNo: 0001193125-26-369585 Size: 5 MB Item 1.01: Entry into a Material Definitive Agreement Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Read original at edgar
VEL
BenzingaAug 27, 2026, 11:33 AMBenzinga Newsdesk
Velocity Financial Signs Deal To Acquire Toorak Capital's Operating Capital, Signs Separate Agreements With Third Party Investment Firm To Acquire Toorak's Current Business Purpose Loans Portfolio Totaling ~$3B
Velocity Financial, Inc. (NYSE: VEL; "Velocity" or the "Company") today announced a definitive agreement to acquire the operating platform of Toorak Capital LLC ("Toorak"), a business-purpose
Read original at benzinga
VEL
BenzingaAug 5, 2026, 8:14 PMBenzinga Newsdesk
Velocity Financial Q2 Adj. EPS $0.71 Beats $0.65 Estimate, Sales $94.988M Beat $52.769M Estimate
Velocity Financial (NYSE:VEL) reported quarterly earnings of $0.71 per share which beat the analyst consensus estimate of $0.65 by 9.23 percent. This is a 2.74 percent decrease over earnings of $0.73 per share from the
Read original at benzinga
VEL