Veritex (VBTX) Scheduled to Post Earnings on Monday
Veritex (NASDAQ:VBTX) is scheduled to be announcing its earnings results before the market opens on Monday, January 22nd. Analysts expect the company to announce earnings of $0.29 per share for the quarter.
Veritex (NASDAQ:VBTX) last announced its quarterly earnings data on Monday, October 23rd. The financial services provider reported $0.28 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.02). The firm had revenue of $21.11 million during the quarter, compared to the consensus estimate of $20.80 million. Veritex had a net margin of 21.85% and a return on equity of 5.30%. On average, analysts expect Veritex to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of Veritex (NASDAQ:VBTX) opened at $29.13 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $671.28, a PE ratio of 30.34, a P/E/G ratio of 1.68 and a beta of 1.62. Veritex has a fifty-two week low of $23.84 and a fifty-two week high of $29.43.
In other news, insider Ned N. Fleming III sold 12,370 shares of the company’s stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $27.21, for a total transaction of $336,587.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ned N. Fleming III sold 92,711 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $26.00, for a total value of $2,410,486.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 122,370 shares of company stock valued at $3,198,144. 6.90% of the stock is owned by corporate insiders.
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Veritex Holdings, Inc is a bank holding company. The Company, through its subsidiary, Veritex Community Bank (the Bank), a Texas state chartered bank, provides relationship-driven commercial banking products and services tailored to meet the needs of small to medium-sized businesses and professionals.
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