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Realtime updates for Veritex Holdings Inc [VBTX]

Exchange: NASDAQ Sector: Financial Services Industry: Banks—Regional
Upcoming Earnings Alert

5 days till quarter result
(amc 2024-04-23)

Expected move: +/- 3.66%

BUY
75.00%
return -1.27%
SELL
50.00%
return -1.85%
Last Updated17 Apr 2024 @ 16:00

0.10% $ 19.28

BUY 91595 min ago

@ $19.93

Issued: 14 Feb 2024 @ 12:41


Return: -3.26%


Previous signal: Feb 13 - 15:33


Previous signal: Sell


Return: 0.33 %

Live Chart Being Loaded With Signals

Commentary (17 Apr 2024 @ 16:00):
Profile picture for Veritex Holdings Inc

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...

Stats
Today's Volume 358 813
Average Volume 467 833
Market Cap 1.05B
EPS $0 ( 2024-01-23 )
Next earnings date ( $0.590 ) 2024-04-23
Last Dividend $0.200 ( 2023-11-09 )
Next Dividend $0 ( N/A )
P/E 9.74
ATR14 $0.0180 (0.09%)
Insider Trading
Date Person Action Amount type
2024-03-22 Anderson Curtis L Sell 3 417 Restricted Stock Units
2024-02-20 Ellis William Don Sell 732 Common Stock
2024-02-06 Harper Angela Buy 4 244 Common Stock
2024-02-06 Harper Angela Sell 1 586 Common Stock
2024-02-06 Holland C Malcolm Iii Buy 22 370 Common Stock
INSIDER POWER
28.00
Last 100 transactions
Buy: 160 777 | Sell: 90 258

Volume Correlation

Long: -0.29 (neutral)
Short: -0.31 (neutral)
Signal:(42.417) Neutral

Veritex Holdings Inc Correlation

10 Most Positive Correlations
WLTW0.883
LMPX0.846
JCOM0.844
GCBC0.836
TRMT0.823
MMAC0.809
CSSEN0.808
HFWA0.805
INO0.805
HYMC0.804
10 Most Negative Correlations
FEYE-0.876
APOP-0.846
SRPT-0.842
ALSK-0.836
RDNT-0.835
BMEA-0.812
ESCA-0.803
GBRG-0.803

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Veritex Holdings Inc Correlation - Currency/Commodity

The country flag -0.91
( very strong negative )
The country flag -0.88
( strong negative )
The country flag 0.00
( neutral )
The country flag -0.84
( strong negative )
The country flag -0.15
( neutral )
The country flag 0.82
( strong )

Veritex Holdings Inc Financials

Annual 2023
Revenue: $776.57M
Gross Profit: $726.87M (93.60 %)
EPS: $2.00
Q4 2023
Revenue: $199.23M
Gross Profit: $187.60M (94.17 %)
EPS: $0.0644
Q3 2023
Revenue: $109.17M
Gross Profit: $109.17M (100.00 %)
EPS: $0.600
Q2 2023
Revenue: $114.04M
Gross Profit: $182.52M (160.05 %)
EPS: $0.620

Financial Reports:

No articles found.

Veritex Holdings Inc Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
$0.200
(N/A)
$0.200
(N/A)
$0.200
(N/A)
$0.200
(N/A)
$0.200
(N/A)
$0.200
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)

Veritex Holdings Inc Dividend Information - Dividend Knight

Dividend Sustainability Score: 7.79 - good (77.91%) | Divividend Growth Potential Score: 4.91 - Stable (1.78%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend $0.125 2019-02-06
Last Dividend $0.200 2023-11-09
Next Dividend $0 N/A
Payout Date 2023-11-24
Next Payout Date N/A
# dividends 20 --
Total Paid Out $3.52 --
Avg. Dividend % Per Year 1.69% --
Score 4.28 --
Div. Sustainability Score 7.79
Div.Growth Potential Score 4.91
Div. Directional Score 6.35 --
Next Divdend (Est)
(2024-07-01)
$0.203 Estimate 40.00 %
Dividend Stability
0.80 Very Good
Dividend Score
4.28
Pay Frequency
Quarterly
Yearly Payout
Year Amount Yield
2019 $0.500 2.29%
2020 $0.680 2.32%
2021 $0.740 2.91%
2022 $0.800 1.98%
2023 $0.800 2.83%
2024 $0 0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Top 10 dividend Companies for NASDAQ

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
OXLC Dividend Royal 2023-12-14 Monthly 14 10.00% 8.50
PSEC Dividend Royal 2023-12-26 Monthly 21 7.04% 8.50
SLVO Dividend Royal 2023-11-20 Monthly 12 10.77% 8.50
QYLD Dividend Royal 2023-11-20 Monthly 11 7.50% 8.50
OXSQ Dividend Diamond 2023-12-14 Monthly 21 9.10% 8.50
GAIN Dividend Royal 2023-12-04 Monthly 20 8.19% 8.50
GLDI Dividend Royal 2023-11-20 Monthly 12 7.15% 8.50
HRZN Dividend King 2023-12-18 Monthly 15 6.60% 8.45
USOI Dividend Royal 2023-11-20 Monthly 8 16.70% 8.28
PFLT Dividend King 2023-11-15 Monthly 14 6.50% 8.27

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.1831.5006.349.51[0 - 0.5]
returnOnAssetsTTM0.008731.2009.7110.00[0 - 0.3]
returnOnEquityTTM0.07211.500-0.310-0.465[0.1 - 1]
payoutRatioTTM0.400-1.0006.00-6.00[0 - 1]
currentRatioTTM0.08970.800-4.55-3.64[1 - 3]
quickRatioTTM0.2430.800-3.27-2.62[0.8 - 2.5]
cashRatioTTM0.08971.500-0.613-0.919[0.2 - 2]
debtRatioTTM0.0351-1.5009.41-10.00[0 - 0.6]
interestCoverageTTM0.8621.000-0.792-0.792[3 - 30]
operatingCashFlowPerShareTTM2.652.009.1210.00[0 - 30]
freeCashFlowPerShareTTM2.612.008.6910.00[0 - 20]
debtEquityRatioTTM0.284-1.5008.86-10.00[0 - 2.5]
grossProfitMarginTTM1.0961.00010.0010.00[0.2 - 0.8]
operatingProfitMarginTTM0.3511.0004.974.97[0.1 - 0.6]
cashFlowToDebtRatioTTM0.3311.0009.279.27[0.2 - 2]
assetTurnoverTTM0.04780.800-3.01-2.41[0.5 - 2]
Total Score7.79

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM9.761.0009.120[1 - 100]
returnOnEquityTTM0.07212.50-0.199-0.465[0.1 - 1.5]
freeCashFlowPerShareTTM2.612.009.1310.00[0 - 30]
dividendYielPercentageTTM4.121.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM2.652.009.1210.00[0 - 30]
payoutRatioTTM0.4001.5006.00-6.00[0 - 1]
pegRatioTTM0.007911.500-3.280[0.5 - 2]
operatingCashFlowSalesRatioTTM0.2431.0006.420[0.1 - 0.5]
Total Score4.91

Veritex Holdings Inc

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, consumer, paycheck protection program, 1-4 family residential, agricultural, multi-family residential, and consumer loans, as well as purchased receivables financing. The company also provides interest rate swap services; and a range of online banking solutions, such as access to account balances, online transfers, online bill payment and electronic delivery of customer statements, and ATMs, as well as mobile banking, mail, and personal appointment. In addition, it offers debit cards, night depository services, direct deposits, cashier's checks, and letters of credit; treasury management services, including balance reporting, transfers between accounts, wire transfer initiation, automated clearinghouse origination, and stop payments; and cash management deposit products and services consisting of lockbox, remote deposit capture, positive pay, reverse positive pay, account reconciliation services, zero balance accounts, and sweep accounts. As of December 31, 2021, the company operated 18 full-service branches located in the Dallas-Fort Worth metroplex, and 10 full-service branches in the Houston metropolitan area. Veritex Holdings, Inc. was incorporated in 2009 and is headquartered in Dallas, Texas.

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