FY2026 Earnings Estimate for Veritex Issued By DA Davidson

Veritex Holdings, Inc. (NASDAQ:VBTXFree Report) – Investment analysts at DA Davidson issued their FY2026 earnings per share (EPS) estimates for shares of Veritex in a report released on Wednesday, April 2nd. DA Davidson analyst G. Tenner anticipates 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 objective on the stock. The consensus estimate for Veritex’s current full-year earnings is $2.26 per share.

Veritex (NASDAQ:VBTXGet Free Report) last posted its earnings results on Tuesday, January 28th. The financial services provider reported $0.54 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%.

Other analysts also recently issued reports about the stock. Stephens lowered their price target on shares of Veritex from $34.00 to $31.00 and set an “equal weight” rating on the stock in a report on Thursday, January 30th. Raymond James downgraded shares of Veritex from a “strong-buy” rating to an “outperform” rating and decreased their price objective for the stock from $31.00 to $28.00 in a research report on Wednesday. Finally, 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 report on Thursday, January 30th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Veritex has a consensus rating of “Moderate Buy” and a consensus price target of $30.90.

Check Out Our Latest Analysis on Veritex

Veritex Trading Up 0.6 %

Veritex stock opened at $24.80 on Thursday. The firm has a market cap of $1.35 billion, a PE ratio of 12.72 and a beta of 1.10. Veritex has a 12 month low of $18.74 and a 12 month high of $31.62. The stock’s 50 day simple moving average is $25.67 and its two-hundred day simple moving average is $26.91. The company has a current ratio of 0.95, a quick ratio of 0.94 and a debt-to-equity ratio of 0.14.

Institutional Trading of Veritex

Institutional investors and hedge funds have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. boosted its holdings in Veritex by 1.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 732,865 shares of the financial services provider’s stock worth $19,289,000 after buying an additional 12,286 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of Veritex by 37.4% in the third quarter. BNP Paribas Financial Markets now owns 56,559 shares of the financial services provider’s stock valued at $1,489,000 after acquiring an additional 15,403 shares in the last quarter. Verition Fund Management LLC increased its position in shares of Veritex by 748.1% during the third quarter. Verition Fund Management LLC now owns 125,249 shares of the financial services provider’s stock worth $3,297,000 after purchasing an additional 110,480 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. raised its stake in Veritex by 295.8% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 7,438 shares of the financial services provider’s stock valued at $196,000 after purchasing an additional 5,559 shares during the last quarter. Finally, Centiva Capital LP lifted its holdings in Veritex by 69.1% in the 3rd quarter. Centiva Capital LP now owns 16,589 shares of the financial services provider’s stock valued at $437,000 after purchasing an additional 6,781 shares in the last quarter. Hedge funds and other institutional investors own 88.31% of the company’s stock.

Veritex Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 3.23%. The ex-dividend date was Friday, February 14th. Veritex’s payout ratio is 41.03%.

About Veritex

(Get Free Report)

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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