Veritex Holdings, Inc. (NASDAQ:VBTX – Free Report) – Research analysts at DA Davidson issued their FY2026 EPS estimates for shares of Veritex in a research report issued on Wednesday, April 2nd. DA Davidson analyst G. Tenner expects that the financial services provider will post earnings per share of $2.43 for the year. DA Davidson has a “Buy” rating and a $34.00 price target on the stock. The consensus estimate for Veritex’s current full-year earnings is $2.26 per share.
VBTX has been the subject of a number of other reports. Stephens reduced their price objective on shares of Veritex from $34.00 to $31.00 and set an “equal weight” rating for the company in a research report on Thursday, January 30th. Hovde Group upgraded Veritex from a “market perform” rating to an “outperform” rating and set a $31.50 target price on the stock in a research note on Thursday, January 30th. Finally, Raymond James downgraded Veritex from a “strong-buy” rating to an “outperform” rating and decreased their price target for the company from $31.00 to $28.00 in a research report on Wednesday. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $30.90.
Veritex Stock Performance
NASDAQ VBTX opened at $21.57 on Thursday. The company has a fifty day moving average price of $25.49 and a 200-day moving average price of $26.86. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of 11.06 and a beta of 1.10. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.95 and a quick ratio of 0.94. Veritex has a 1 year low of $18.74 and a 1 year high of $31.62.
Veritex (NASDAQ:VBTX – Get Free Report) last posted its earnings results on Tuesday, January 28th. The financial services provider reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.02). Veritex had a net margin of 13.44% and a return on equity of 7.59%.
Institutional Investors Weigh In On Veritex
Large investors have recently added to or reduced their stakes in the company. USA Financial Formulas bought a new position in Veritex during the fourth quarter worth about $32,000. Quarry LP lifted its stake in shares of Veritex by 117.0% during the 4th quarter. Quarry LP now owns 1,528 shares of the financial services provider’s stock valued at $42,000 after buying an additional 824 shares in the last quarter. R Squared Ltd bought a new position in Veritex in the 4th quarter worth approximately $45,000. GAMMA Investing LLC grew its stake in Veritex by 14.7% in the 4th quarter. GAMMA Investing LLC now owns 3,360 shares of the financial services provider’s stock valued at $91,000 after buying an additional 431 shares in the last quarter. Finally, Systematic Financial Management LP bought a new stake in Veritex during the 3rd quarter valued at $98,000. Hedge funds and other institutional investors own 88.31% of the company’s stock.
Veritex Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a dividend of $0.20 per share. The ex-dividend date was Friday, February 14th. This represents a $0.80 annualized dividend and a dividend yield of 3.71%. Veritex’s payout ratio is 41.03%.
About Veritex
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.
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