On February 10, John Sughrue, the director of Veritex Holdings, INC (NASDAQ: VBTX), purchased 3,652 shares.
The cost of purchasing all of the shares of stock came to a total of $99,918,72, which works out to a price of $27.36 per share on average.
As a consequence of the acquisition, the director now possesses 76,822 shares of the company, the total value of which is $2,101,849.92.
If you follow this link, which will take you to a document presented to the SEC, you can access additional details regarding the acquisition.
The most recent earnings report for Veritex (NASDAQ: VBTX) was distributed to the members of the investing community on January 24.
The financial services company reported earnings per share for the quarter of $0.74, which was $0.13 less than the consensus forecast by market experts, which was $0.87. Veritex had a return on equity of 10.31%, and the company had a net margin of 29.13%.
The company’s revenue for the previous quarter came in at $120.40 million, which is lower than the $121.22 million that industry analysts had predicted.
The company made a profit of $0.84 for each share of common stock it had outstanding during the same quarter as the previous year. Compared to the previous year’s period, Veritex’s quarterly revenue was reported to have increased by 29.6%.
During the current fiscal year, research analysts anticipate that Veritex Holdings, INC will generate earnings of 3.2 cents per share.
In addition, the corporation has declared a quarterly dividend, which is scheduled to be paid out on Friday, February 24.
The dividend payment will be $0.20 per share and will be distributed to shareholders whose records were up-to-date as of February 10. February 9, a Thursday, is when you will no longer be eligible to receive dividends after that point.
This brings about a yield of 2.89% and an annual dividend payment of $0.80 as a direct consequence of this situation. Currently, the dividend payout ratio (DPR) for Veritex is calculated to be 29.52 percent.
Shares of NASDAQ: VBTX fell in price by $0.30 during Friday during lunchtime trading, bringing the stock price down to $27.66 per share. Compared to the company’s average daily volume of 294,874 shares, 521,471 shares were traded during the day.
The debt-to-equity ratio is calculated to be 0.97, the current ratio is calculated to be 1.01, and the quick ratio is also calculated to be 1.01.
The stock currently has a price-to-earnings ratio of 27.66 and a market capitalization of $1.49 billion. Compared to the company’s average daily volume of 294,874 shares, 521,471 shares were traded during the day.
The debt-to-equity ratio is calculated to be 0.97, the current ratio is calculated to be 1.01, and the quick ratio is also calculated to be 1.01.
The company has a P/E ratio of 10.32, and its beta currently sits at 1.46.
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