diff --git a/app/node/generator/text/textv3.cpp b/app/node/generator/text/textv3.cpp
index 958bf94db..a723e67aa 100644
--- a/app/node/generator/text/textv3.cpp
+++ b/app/node/generator/text/textv3.cpp
@@ -24,9 +24,10 @@
 #include <QDateTime>
 #include <QTextDocument>
 
-#include "common/functiontimer.h"
 #include "common/html.h"
+#include "core.h"
 #include "node/project/project.h"
+#include "widget/nodeparamview/nodeparamviewundo.h"
 
 namespace olive {
 
@@ -44,14 +45,15 @@ const QString TextGeneratorV3::kUseArgsInput = QStringLiteral("use_args_in");
 const QString TextGeneratorV3::kArgsInput = QStringLiteral("args_in");
 
 TextGeneratorV3::TextGeneratorV3() :
-  ShapeNodeBase(false)
+  ShapeNodeBase(false),
+  dont_emit_valign_(false)
 {
   AddInput(kTextInput, NodeValue::kText, QStringLiteral("<p style='font-size: 72pt; color: white;'>%1</p>").arg(tr("Sample Text")));
   SetInputProperty(kTextInput, QStringLiteral("vieweronly"), true);
 
   SetStandardValue(kSizeInput, QVector2D(400, 300));
 
-  AddInput(kVerticalAlignmentInput, NodeValue::kCombo);
+  AddInput(kVerticalAlignmentInput, NodeValue::kCombo, InputFlags(kInputFlagHidden | kInputFlagStatic));
 
   AddInput(kUseArgsInput, NodeValue::kBoolean, true, InputFlags(kInputFlagHidden | kInputFlagStatic));
 
@@ -181,6 +183,33 @@ void TextGeneratorV3::UpdateGizmoPositions(const NodeValueRow &row, const NodeGl
   text_gizmo_->SetHtml(row[kTextInput].toString());
 }
 
+Qt::Alignment TextGeneratorV3::GetQtAlignmentFromOurs(VerticalAlignment v)
+{
+  switch (v) {
+  case kVAlignTop:
+    return Qt::AlignTop;
+  case kVAlignMiddle:
+    return Qt::AlignVCenter;
+  case kVAlignBottom:
+    return Qt::AlignBottom;
+  }
+  return Qt::Alignment();
+}
+
+TextGeneratorV3::VerticalAlignment TextGeneratorV3::GetOurAlignmentFromQts(Qt::Alignment v)
+{
+  switch (v) {
+  case Qt::AlignTop:
+    return kVAlignTop;
+  case Qt::AlignVCenter:
+    return kVAlignMiddle;
+  case Qt::AlignBottom:
+    return kVAlignBottom;
+  }
+
+  return kVAlignTop;
+}
+
 QString TextGeneratorV3::FormatString(const QString &input, const QStringList &args)
 {
   QString output;
@@ -219,14 +248,32 @@ QString TextGeneratorV3::FormatString(const QString &input, const QStringList &a
   return output;
 }
 
+void TextGeneratorV3::InputValueChangedEvent(const QString &input, int element)
+{
+  if (input == kVerticalAlignmentInput && !dont_emit_valign_) {
+    text_gizmo_->SetVerticalAlignment(GetQtAlignmentFromOurs(GetVerticalAlignment()));
+  }
+
+  super::InputValueChangedEvent(input, element);
+}
+
 void TextGeneratorV3::GizmoActivated()
 {
   SetStandardValue(kUseArgsInput, false);
+  connect(text_gizmo_, &TextGizmo::VerticalAlignmentChanged, this, &TextGeneratorV3::SetVerticalAlignmentUndoable);
+  dont_emit_valign_ = true;
 }
 
 void TextGeneratorV3::GizmoDeactivated()
 {
   SetStandardValue(kUseArgsInput, true);
+  disconnect(text_gizmo_, &TextGizmo::VerticalAlignmentChanged, this, &TextGeneratorV3::SetVerticalAlignmentUndoable);
+  dont_emit_valign_ = true;
+}
+
+void TextGeneratorV3::SetVerticalAlignmentUndoable(Qt::Alignment a)
+{
+  Core::instance()->undo_stack()->push(new NodeParamSetStandardValueCommand(NodeInput(this, kVerticalAlignmentInput), GetOurAlignmentFromQts(a)));
 }
 
 }
diff --git a/app/node/generator/text/textv3.h b/app/node/generator/text/textv3.h
index a815fbb43..b7d6a5674 100644
--- a/app/node/generator/text/textv3.h
+++ b/app/node/generator/text/textv3.h
@@ -54,6 +54,14 @@ public:
     kVAlignBottom
   };
 
+  VerticalAlignment GetVerticalAlignment() const
+  {
+    return static_cast<VerticalAlignment>(GetStandardValue(kVerticalAlignmentInput).toInt());
+  }
+
+  static Qt::Alignment GetQtAlignmentFromOurs(VerticalAlignment v);
+  static VerticalAlignment GetOurAlignmentFromQts(Qt::Alignment v);
+
   static const QString kTextInput;
   static const QString kVerticalAlignmentInput;
   static const QString kUseArgsInput;
@@ -61,12 +69,18 @@ public:
 
   static QString FormatString(const QString &input, const QStringList &args);
 
+protected:
+  virtual void InputValueChangedEvent(const QString &input, int element) override;
+
 private:
   TextGizmo *text_gizmo_;
 
+  bool dont_emit_valign_;
+
 private slots:
   void GizmoActivated();
   void GizmoDeactivated();
+  void SetVerticalAlignmentUndoable(Qt::Alignment a);
 
 };
 
diff --git a/app/node/gizmo/text.cpp b/app/node/gizmo/text.cpp
index 6e2b97c5b..6d6816948 100644
--- a/app/node/gizmo/text.cpp
+++ b/app/node/gizmo/text.cpp
@@ -26,7 +26,8 @@
 namespace olive {
 
 TextGizmo::TextGizmo(QObject *parent)
-  : NodeGizmo{parent}
+  : NodeGizmo{parent},
+    valign_(Qt::AlignTop)
 {
 
 }
diff --git a/app/node/gizmo/text.h b/app/node/gizmo/text.h
index 30ea62f7f..5c3218671 100644
--- a/app/node/gizmo/text.h
+++ b/app/node/gizmo/text.h
@@ -42,9 +42,21 @@ public:
 
   void UpdateInputHtml(const QString &s, const rational &time);
 
+  Qt::Alignment GetVerticalAlignment() const
+  {
+    return valign_;
+  }
+
+  void SetVerticalAlignment(Qt::Alignment va)
+  {
+    valign_ = va;
+    emit VerticalAlignmentChanged(valign_);
+  }
+
 signals:
   void Activated();
   void Deactivated();
+  void VerticalAlignmentChanged(Qt::Alignment va);
 
 private:
   QRectF rect_;
@@ -53,6 +65,8 @@ private:
 
   NodeKeyframeTrackReference input_;
 
+  Qt::Alignment valign_;
+
 };
 
 }
diff --git a/app/widget/viewer/viewerdisplay.cpp b/app/widget/viewer/viewerdisplay.cpp
index 05178a69f..72d7a0150 100644
--- a/app/widget/viewer/viewerdisplay.cpp
+++ b/app/widget/viewer/viewerdisplay.cpp
@@ -455,7 +455,7 @@ void ViewerDisplayWidget::OnPaint()
       pm.fill(Qt::transparent);
 
       QPainter pixp(&pm);
-      text_edit_->Paint(&pixp);
+      text_edit_->Paint(&pixp, active_text_gizmo_->GetVerticalAlignment());
 
       p.drawPixmap(text_edit_pos_, pm);
     }
@@ -696,6 +696,7 @@ NodeGizmo *ViewerDisplayWidget::TryGizmoPress(const NodeValueRow &row, const QPo
 
 void ViewerDisplayWidget::OpenTextGizmo(TextGizmo *text, QMouseEvent *event)
 {
+  active_text_gizmo_ = text;
   text_transform_ = GenerateGizmoTransform();
 
   // Create text editor
@@ -736,6 +737,9 @@ void ViewerDisplayWidget::OpenTextGizmo(TextGizmo *text, QMouseEvent *event)
   // Create toolbar
   text_toolbar_ = new ViewerTextEditorToolBar(text_edit_);
   text_toolbar_->setWindowFlags(Qt::Window | Qt::WindowStaysOnTopHint);
+  connect(text_toolbar_, &ViewerTextEditorToolBar::VerticalAlignmentChanged, text, &TextGizmo::SetVerticalAlignment);
+  connect(text, &TextGizmo::VerticalAlignmentChanged, text_toolbar_, &ViewerTextEditorToolBar::SetVerticalAlignment);
+  text_toolbar_->SetVerticalAlignment(text->GetVerticalAlignment());
   text_edit_->ConnectToolBar(text_toolbar_);
 
   text_transform_inverted_ = text_transform_.inverted();
@@ -1122,6 +1126,18 @@ bool ViewerDisplayWidget::ForwardMouseEventToTextEdit(QMouseEvent *event, bool c
     }
   }
 
+  switch (active_text_gizmo_->GetVerticalAlignment()) {
+  case Qt::AlignTop:
+    // Do nothing
+    break;
+  case Qt::AlignVCenter:
+    local_pos.setY(local_pos.y() - text_edit_->height()/2 + text_edit_->document()->size().height()/2);
+    break;
+  case Qt::AlignBottom:
+    local_pos.setY(local_pos.y() - text_edit_->height() + text_edit_->document()->size().height());
+    break;
+  }
+
   event->setLocalPos(local_pos);
   return ForwardEventToTextEdit(event);
 }
diff --git a/app/widget/viewer/viewerdisplay.h b/app/widget/viewer/viewerdisplay.h
index 4507d96c0..5e7c8dbe2 100644
--- a/app/widget/viewer/viewerdisplay.h
+++ b/app/widget/viewer/viewerdisplay.h
@@ -400,6 +400,7 @@ private:
 
   bool queue_starved_;
 
+  TextGizmo *active_text_gizmo_;
   QPointF text_edit_pos_;
   ViewerTextEditor *text_edit_;
   ViewerTextEditorToolBar *text_toolbar_;
diff --git a/app/widget/viewer/viewertexteditor.cpp b/app/widget/viewer/viewertexteditor.cpp
index 0fd51ef8c..c8155879b 100644
--- a/app/widget/viewer/viewertexteditor.cpp
+++ b/app/widget/viewer/viewertexteditor.cpp
@@ -97,12 +97,12 @@ void ViewerTextEditor::ConnectToolBar(ViewerTextEditorToolBar *toolbar)
   toolbars_.append(toolbar);
 }
 
-void ViewerTextEditor::Paint(QPainter *p, const QRect &clip)
+void ViewerTextEditor::Paint(QPainter *p, Qt::Alignment valign)
 {
   QAbstractTextDocumentLayout::PaintContext ctx;
 
-  if (clip.isValid())
-    p->setClipRect(clip, Qt::IntersectClip);
+  QRect clip = this->rect();
+  p->setClipRect(clip, Qt::IntersectClip);
   ctx.clip = clip;
 
   ctx.cursorPosition = this->textCursor().position();
@@ -127,6 +127,17 @@ void ViewerTextEditor::Paint(QPainter *p, const QRect &clip)
 
   if (transparent_clone_) {
     transparent_clone_->documentLayout()->draw(p, ctx);
+
+  switch (valign) {
+  case Qt::AlignTop:
+    // Do nothing
+    break;
+  case Qt::AlignVCenter:
+    p->translate(0, clip.height()/2-document()->size().height()/2);
+    break;
+  case Qt::AlignBottom:
+    p->translate(0, clip.height()-document()->size().height());
+    break;
   }
 }
 
@@ -477,6 +488,13 @@ void ViewerTextEditorToolBar::SetAlignment(Qt::Alignment a)
   align_justify_btn_->setChecked(a == Qt::AlignJustify);
 }
 
+void ViewerTextEditorToolBar::SetVerticalAlignment(Qt::Alignment a)
+{
+  align_top_btn_->setChecked(a == Qt::AlignTop);
+  align_middle_btn_->setChecked(a == Qt::AlignVCenter);
+  align_bottom_btn_->setChecked(a == Qt::AlignBottom);
+}
+
 void ViewerTextEditorToolBar::SetColor(const QColor &c)
 {
   color_btn_->setProperty("color", c);
diff --git a/app/widget/viewer/viewertexteditor.h b/app/widget/viewer/viewertexteditor.h
index 4abd300b4..8bef901b9 100644
--- a/app/widget/viewer/viewertexteditor.h
+++ b/app/widget/viewer/viewertexteditor.h
@@ -68,6 +68,7 @@ public slots:
   void SetUnderline(bool e) { underline_btn_->setChecked(e); }
   void SetStrikethrough(bool e) { strikethrough_btn_->setChecked(e); }
   void SetAlignment(Qt::Alignment a);
+  void SetVerticalAlignment(Qt::Alignment a);
   void SetColor(const QColor &c);
   void SetSmallCaps(bool e) { small_caps_btn_->setChecked(e); }
   void SetStretch(int i) { stretch_slider_->SetValue(i); }
@@ -152,7 +153,7 @@ public:
 
   void SetListenToFocusEvents(bool e) { listen_to_focus_events_ = e; }
 
-  void Paint(QPainter *p, const QRect &clip = QRect());
+  void Paint(QPainter *p, Qt::Alignment valign);
 
   virtual void dragEnterEvent(QDragEnterEvent *e) override { return QTextEdit::dragEnterEvent(e); }
   virtual void dragMoveEvent(QDragMoveEvent *e) override { return QTextEdit::dragMoveEvent(e); }