NASDAQ:ISBC - Investors Bancorp Stock Price, Forecast & News

Investors Bancorp trades on the NASDAQ under the ticker symbol "ISBC."

Investors Bancorp declared a quarterly dividend on Wednesday, October 23rd. Stockholders of record on Monday, November 11th will be given a dividend of $0.11 per share on Monday, November 25th. This represents a $0.44 annualized dividend and a dividend yield of 3.75%. The ex-dividend date of this dividend is Thursday, November 7th. View Investors Bancorp's Dividend History.

Investors Bancorp Inc (NASDAQ:ISBC) posted its quarterly earnings data on Wednesday, October, 23rd. The savings and loans company reported $0.20 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.18 by $0.02. The savings and loans company had revenue of $179.23 million for the quarter, compared to analysts' expectations of $173.37 million. Investors Bancorp had a net margin of 17.21% and a return on equity of 7.04%. Investors Bancorp's revenue was up 1.1% compared to the same quarter last year. During the same period last year, the company earned $0.19 earnings per share. View Investors Bancorp's Earnings History.

Investors Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Investors Bancorp.

6 brokers have issued 1 year price objectives for Investors Bancorp's shares. Their forecasts range from $12.14 to $15.00. On average, they expect Investors Bancorp's share price to reach $13.66 in the next twelve months. This suggests a possible upside of 16.6% from the stock's current price. View Analyst Price Targets for Investors Bancorp.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Investors Bancorp in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Investors Bancorp.

Press coverage about ISBC stock has trended neutral on Wednesday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Investors Bancorp earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave media stories about the savings and loans company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Investors Bancorp.

Investors Bancorp saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 5,600,000 shares, an increase of 34.9% from the October 31st total of 4,150,000 shares. Based on an average daily volume of 1,760,000 shares, the short-interest ratio is currently 3.2 days. Approximately 2.2% of the company's shares are sold short. View Investors Bancorp's Current Options Chain.

Some companies that are related to Investors Bancorp include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC) and BOK Financial (BOKF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Investors Bancorp investors own include Chembio Diagnostics (CEMI), PIMCO High Income Fund (PHK), Pernix Therapeutics (PTX), Prospect Capital (PSEC), Two Harbors Investment (TWO), Calumet Specialty Products Partners, L.P (CLMT), Washington Prime Group (WPG), Blackrock Capital Investment (BKCC), Viper Energy Partners (VNOM) and New Residential Investment (NRZ).

Investors Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (2.72%), Millennium Management LLC (0.62%), Man Group plc (0.41%), Parametric Portfolio Associates LLC (0.35%), Great Lakes Advisors LLC (0.24%) and First Trust Advisors LP (0.20%). Company insiders that own Investors Bancorp stock include Doreen R Byrnes, Harbour Group LP Blue, Michele N Siekerka, P Sean Burke, Peter Carlin, Robert C Albanese and William V Cosgrove. View Institutional Ownership Trends for Investors Bancorp.

ISBC stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Squarepoint Ops LLC, Man Group plc, Russell Investments Group Ltd., SG Americas Securities LLC, Monarch Partners Asset Management LLC, California Public Employees Retirement System and Cerebellum GP LLC. Company insiders that have sold Investors Bancorp company stock in the last year include Doreen R Byrnes, Harbour Group LP Blue, P Sean Burke and Robert C Albanese. View Insider Buying and Selling for Investors Bancorp.

ISBC stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Point72 Asset Management L.P., Parametric Portfolio Associates LLC, State of New Jersey Common Pension Fund D, First Trust Advisors LP, Zeke Capital Advisors LLC, Rhumbline Advisers and Gamco Investors INC. ET AL. View Insider Buying and Selling for Investors Bancorp.

Shares of ISBC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of ISBC stock can currently be purchased for approximately $11.72.

Investors Bancorp has a market capitalization of $3.22 billion and generates $978.50 million in revenue each year. The savings and loans company earns $202.58 million in net income (profit) each year or $0.81 on an earnings per share basis. Investors Bancorp employs 1,962 workers across the globe.View Additional Information About Investors Bancorp.

The official website for Investors Bancorp is http://www.myinvestorsbank.com/.

Investors Bancorp's mailing address is 101 JFK PARKWAY, SHORT HILLS NJ, 07078. The savings and loans company can be reached via phone at 973-924-5100 or via email at [email protected]