DA Davidson Predicts Veritex’s FY2026 Earnings (NASDAQ:VBTX)

Veritex Holdings, Inc. (NASDAQ:VBTX) – Equities researchers at DA Davidson issued their FY2026 EPS estimates for shares of Veritex in a research report issued to clients and investors on Wednesday, April 2nd. DA Davidson analyst G. Tenner anticipates that the financial services provider will post earnings of $2.43 per share for the year. DA Davidson currently has a “Buy” rating and a $34.00 target price on the stock. The consensus estimate for Veritex’s current full-year earnings is $2.26 per share.

Veritex (NASDAQ:VBTX) last issued its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.02). Veritex had a return on equity of 7.59% and a net margin of 13.44%.

Several other analysts have also commented on VBTX. Stephens decreased their price target 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. Raymond James cut shares of Veritex from a “strong-buy” rating to an “outperform” rating and decreased their target price for the company from $31.00 to $28.00 in a research report on Wednesday. Finally, Hovde Group raised shares of Veritex from a “market perform” rating to an “outperform” rating and set a $31.50 price target on the stock in a report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Veritex has an average rating of “Moderate Buy” and a consensus target price of $30.90.

Veritex Trading Up 0.6 %

Shares of NASDAQ VBTX opened at $24.80 on Thursday. The business has a fifty day moving average price of $25.67 and a 200 day moving average price of $26.91. Veritex has a 1-year low of $18.74 and a 1-year high of $31.62. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.95 and a quick ratio of 0.94. The stock has a market capitalization of $1.35 billion, a P/E ratio of 12.72 and a beta of 1.10.

Veritex Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders 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 dividend on an annualized basis and a yield of 3.23%. Veritex’s payout ratio is 41.03%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC raised 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 worth $91,000 after acquiring an additional 431 shares during the last quarter. Meeder Asset Management Inc. increased its holdings in shares of Veritex by 9.8% in the fourth quarter. Meeder Asset Management Inc. now owns 5,366 shares of the financial services provider’s stock valued at $146,000 after purchasing an additional 481 shares during the period. Franklin Resources Inc. raised its stake in shares of Veritex by 1.0% in the third quarter. Franklin Resources Inc. now owns 73,421 shares of the financial services provider’s stock worth $1,920,000 after purchasing an additional 701 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Veritex by 7.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 11,166 shares of the financial services provider’s stock worth $303,000 after purchasing an additional 751 shares during the period. Finally, Quarry LP boosted its position in Veritex by 117.0% in the fourth 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 during the last quarter. Hedge funds and other institutional investors own 88.31% of the company’s stock.

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.