Veritex (VBTX) – Research Analysts’ Weekly Ratings Changes

A number of firms have modified their ratings and price targets on shares of Veritex (NASDAQ: VBTX) recently:

• 1/30/2025 – Veritex had its price target lowered by analysts at Raymond James from $32.00 to $31.00. They now have a “strong-buy” rating on the stock.
• 1/30/2025 – Veritex was upgraded by analysts at Hovde Group from a “market perform” rating to an “outperform” rating. They now have a $31.50 price target on the stock.
• 1/30/2025 – Veritex had its price target lowered by analysts at Stephens from $34.00 to $31.00. They now have an “equal weight” rating on the stock.
• 1/30/2025 – Veritex had its price target lowered by analysts at DA Davidson from $36.00 to $34.00. They now have a “buy” rating on the stock.

Veritex Trading Down 3.4 %

Shares of Veritex stock opened at $26.50 on Thursday. The firm’s 50 day simple moving average is $27.35 and its two-hundred day simple moving average is $26.53. The company has a current ratio of 0.95, a quick ratio of 0.94 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $1.44 billion, a price-to-earnings ratio of 13.59 and a beta of 1.38. Veritex Holdings, Inc. has a 12-month low of $18.08 and a 12-month high of $31.62.

Veritex (NASDAQ:VBTX) last issued its earnings results on Tuesday, January 28th. The financial services provider reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.02). Veritex had a return on equity of 7.59% and a net margin of 13.44%. Analysts predict that Veritex Holdings, Inc. will post 2.26 EPS for the current year.

Veritex Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.80 annualized dividend and a dividend yield of 3.02%. Veritex’s dividend payout ratio (DPR) is presently 41.03%.

Institutional Trading of Veritex

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. USA Financial Formulas acquired a new position in Veritex in the fourth quarter valued at approximately $32,000. R Squared Ltd acquired a new position in shares of Veritex in the 4th quarter valued at $45,000. GAMMA Investing LLC boosted its holdings in Veritex by 14.7% during the fourth quarter. GAMMA Investing LLC now owns 3,360 shares of the financial services provider’s stock worth $91,000 after buying an additional 431 shares in the last quarter. Systematic Financial Management LP acquired a new stake in Veritex during the third quarter valued at $98,000. Finally, KBC Group NV increased its holdings in Veritex by 73.5% in the fourth quarter. KBC Group NV now owns 3,826 shares of the financial services provider’s stock valued at $104,000 after buying an additional 1,621 shares in the last quarter. 88.31% of the stock is owned by institutional investors and hedge funds.

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. The company accepts deposit products include demand, savings, money market, and time accounts. Its loan products include commercial real estate and general commercial, mortgage warehouse loans, residential real estate, construction and land, farmland, paycheck protection program, 1-4 family residential, agricultural, multi-family residential, and consumer loans, as well as purchased receivables financing.