Q1 2025 Earnings Estimate for Valley National Bancorp Issued By Wedbush (NASDAQ:VLY)

Valley National Bancorp (NASDAQ:VLY - Free Report) - Research analysts at Wedbush issued their Q1 2025 earnings estimates for shares of Valley National Bancorp in a note issued to investors on Wednesday, March 27th. Wedbush analyst D. Chiaverini expects that the company will earn $0.30 per share for the quarter. Wedbush has a "Neutral" rating and a $11.00 price objective on the stock. The consensus estimate for Valley National Bancorp's current full-year earnings is $0.97 per share. Wedbush also issued estimates for Valley National Bancorp's Q2 2025 earnings at $0.30 EPS, Q3 2025 earnings at $0.30 EPS and Q4 2025 earnings at $0.31 EPS.

VLY has been the topic of a number of other reports. TheStreet cut shares of Valley National Bancorp from a "b-" rating to a "c+" rating in a research note on Tuesday, February 27th. StockNews.com lowered shares of Valley National Bancorp from a "hold" rating to a "sell" rating in a research report on Friday, February 16th. Barclays initiated coverage on shares of Valley National Bancorp in a research report on Friday, March 8th. They set an "underweight" rating and a $8.00 price target for the company. Citigroup dropped their price objective on shares of Valley National Bancorp from $11.00 to $8.50 and set a "neutral" rating for the company in a report on Wednesday, March 13th. Finally, Morgan Stanley lifted their price objective on shares of Valley National Bancorp from $8.50 to $9.00 and gave the stock an "underweight" rating in a report on Wednesday, February 7th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, Valley National Bancorp presently has an average rating of "Hold" and a consensus price target of $10.00.

Valley National Bancorp Stock Performance

Shares of VLY stock traded up $0.06 during trading on Friday, reaching $7.96. 6,519,181 shares of the company's stock traded hands, compared to its average volume of 7,887,471. The company has a market capitalization of $4.05 billion, a P/E ratio of 8.38 and a beta of 1.09. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.37. The firm's 50-day moving average is $8.50 and its 200 day moving average is $8.94. Valley National Bancorp has a 1 year low of $6.39 and a 1 year high of $11.22.

Valley National Bancorp (NASDAQ:VLY - Get Free Report) last released its earnings results on Thursday, January 25th. The company reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.25 by ($0.03). Valley National Bancorp had a net margin of 14.82% and a return on equity of 8.67%. The company had revenue of $449.97 million for the quarter, compared to the consensus estimate of $467.49 million. During the same period in the prior year, the company earned $0.35 earnings per share.

Valley National Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 2nd. Stockholders of record on Thursday, March 14th will be paid a $0.11 dividend. The ex-dividend date is Wednesday, March 13th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 5.53%. Valley National Bancorp's dividend payout ratio (DPR) is presently 46.32%.

Insider Transactions at Valley National Bancorp

In other news, EVP Joseph Chillura sold 49,715 shares of the stock in a transaction on Monday, March 11th. The shares were sold at an average price of $8.18, for a total value of $406,668.70. Following the completion of the sale, the executive vice president now directly owns 545,249 shares of the company's stock, valued at $4,460,136.82. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.71% of the company's stock.

Institutional Investors Weigh In On Valley National Bancorp

Several institutional investors have recently made changes to their positions in VLY. Quarry LP grew its position in Valley National Bancorp by 198.1% during the 1st quarter. Quarry LP now owns 3,070 shares of the company's stock worth $28,000 after purchasing an additional 2,040 shares during the last quarter. GAMMA Investing LLC acquired a new position in Valley National Bancorp during the fourth quarter worth $35,000. Wolverine Asset Management LLC acquired a new position in Valley National Bancorp during the fourth quarter worth $40,000. Advisors Asset Management Inc. raised its position in Valley National Bancorp by 46.3% during the fourth quarter. Advisors Asset Management Inc. now owns 5,152 shares of the company's stock worth $58,000 after acquiring an additional 1,631 shares during the period. Finally, Covestor Ltd raised its position in Valley National Bancorp by 73.0% during the first quarter. Covestor Ltd now owns 6,213 shares of the company's stock worth $81,000 after acquiring an additional 2,622 shares during the period. Institutional investors own 61.00% of the company's stock.

Valley National Bancorp Company Profile

Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, private banking, retail, insurance, and wealth management financial services products. It operates through Consumer Banking, Commercial Banking, and Treasury and Corporate other segments.