What is DA Davidson’s Forecast for Veritex FY2026 Earnings?

Veritex Holdings, Inc. (NASDAQ:VBTX) – Analysts at DA Davidson issued their FY2026 earnings per share (EPS) estimates for Veritex in a note issued to investors on Wednesday, April 2nd. DA Davidson analyst G. Tenner expects that the financial services provider will earn $2.43 per share 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:VBTX) last issued its earnings results 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 net margin of 13.44% and a return on equity of 7.59%.

A number of other equities research analysts have also recently issued reports on VBTX. Raymond James cut shares of Veritex from a “strong-buy” rating to an “outperform” rating and dropped their target price for the stock from $31.00 to $28.00 in a research report on Wednesday. Hovde Group upgraded shares of Veritex from a “market perform” rating to an “outperform” rating and set a $31.50 target price for the company in a research report on Thursday, January 30th. Finally, Stephens decreased their price objective on shares of Veritex from $34.00 to $31.00 and set an “equal weight” rating for the company in a report on Thursday, January 30th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $30.90.

Veritex Price Performance

Shares of NASDAQ:VBTX opened at $22.33 on Thursday. The business’s 50 day moving average is $25.59 and its 200-day moving average is $26.88. The firm has a market capitalization of $1.22 billion, a PE ratio of 11.45 and a beta of 1.10. Veritex has a 1-year low of $18.74 and a 1-year high of $31.62. The company has a current ratio of 0.95, a quick ratio of 0.94 and a debt-to-equity ratio of 0.14.

Hedge Funds Weigh In On Veritex

Several institutional investors have recently bought and sold shares of VBTX. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Veritex during the fourth quarter valued at approximately $6,975,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Veritex by 20.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 109,844 shares of the financial services provider’s stock worth $2,983,000 after buying an additional 18,954 shares during the last quarter. Voloridge Investment Management LLC grew its holdings in shares of Veritex by 5.1% during the fourth quarter. Voloridge Investment Management LLC now owns 153,028 shares of the financial services provider’s stock valued at $4,156,000 after buying an additional 7,444 shares during the last quarter. Squarepoint Ops LLC bought a new stake in shares of Veritex in the fourth quarter worth approximately $432,000. Finally, Silvercrest Asset Management Group LLC bought a new stake in shares of Veritex during the 4th quarter valued at about $14,644,000. 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. Investors 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 3.58%. The ex-dividend date was Friday, February 14th. Veritex’s dividend payout ratio (DPR) is presently 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.