NASDAQ:ISBCInvestors Bancorp Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Investors Bancorp Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $8.06 +0.03 (+0.37 %) (As of 08/5/2020 04:00 PM ET) Add Compare Share Today's Range$8.03Now: $8.06▼$8.1650-Day Range$7.85MA: $8.21▼$8.8052-Week Range$6.31Now: $8.06▼$12.74Volume2.54 million shsAverage Volume2.30 million shsMarket Capitalization$2.02 billionP/E Ratio10.89Dividend Yield5.98%Beta1.1 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Investors Bancorp, Inc. operates as the bank holding company for Investors Bank that provides various banking products and services to individuals and businesses in the United States. Its deposit products include savings, checking, and money market accounts. The company's loan portfolio comprises multi-family, commercial real estate, commercial and industrial, and construction loans; one-to four-family residential mortgage loans secured by one-to four-family residential real estate; and consumer and other loans primarily consisting of home equity loans, and home equity lines of credit, as well as various insurance products comprising life insurance, fixed annuities, and indexed annuities. As of April 3, 2020, it operated through a network of 154 branches in New Jersey and New York. Investors Bancorp, Inc. was founded in 1926 and is headquartered in Short Hills, New Jersey.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingInvestors Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.67, Investors Bancorp has a potential upside of 32.3% from its current price of $8.06.Amount of Analyst CoverageInvestors Bancorp has only been the subject of 1 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesInvestors Bancorp has received 306 “outperform” votes. (Add your “outperform” vote.)Underperform VotesInvestors Bancorp has received 390 “underperform” votes. (Add your “underperform” vote.)Community SentimentInvestors Bancorp has received 56.03% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Investors Bancorp and other stocks. Vote “Outperform” if you believe ISBC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ISBC will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 4.2 Dividend Strength Dividend LeadershipInvestors Bancorp is a leading dividend payer. It pays a dividend yield of 5.98%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthInvestors Bancorp has been increasing its dividend for 5 years.Dividend CoverageThe dividend payout ratio of Investors Bancorp is 62.34%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Investors Bancorp will have a dividend payout ratio of 58.54% next year. This indicates that Investors Bancorp will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Investors Bancorp insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.49% of the stock of Investors Bancorp is held by insiders.Percentage Held by Institutions70.50% of the stock of Investors Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Investors Bancorp are expected to grow by 9.33% in the coming year, from $0.75 to $0.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Investors Bancorp is 10.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Investors Bancorp is 10.89, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.78.Price to Book Value per Share RatioInvestors Bancorp has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.2Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.67 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:ISBC Previous Symbol CUSIP46146P10 CIK1594012 Webwww.myinvestorsbank.com Phone973-924-5100Debt Debt-to-Equity Ratio2.18 Current Ratio1.20 Quick Ratio1.20Price-To-Earnings Trailing P/E Ratio10.89 Forward P/E Ratio10.75 P/E GrowthN/A Sales & Book Value Annual Sales$1.09 billion Price / Sales1.84 Cash Flow$0.85 per share Price / Cash Flow9.51 Book Value$9.54 per share Price / Book0.84Profitability EPS (Most Recent Fiscal Year)$0.77 Net Income$195.48 million Net Margins16.82% Return on Equity7.02% Return on Assets0.71%Miscellaneous Employees1,793 Outstanding Shares250,166,000Market Cap$2.02 billion Next Earnings Date10/28/2020 (Estimated) OptionableOptionable $8.06 +0.03 (+0.37 %) (As of 08/5/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive ISBC News and Ratings via Email Sign-up to receive the latest news and ratings for ISBC and its competitors with MarketBeat's FREE daily newsletter. Investors Bancorp (NASDAQ:ISBC) Frequently Asked Questions How has Investors Bancorp's stock been impacted by COVID-19 (Coronavirus)? Investors Bancorp's stock was trading at $9.45 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ISBC shares have decreased by 14.7% and is now trading at $8.06. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Investors Bancorp? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Investors Bancorp in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Investors Bancorp. When is Investors Bancorp's next earnings date? Investors Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020. View our earnings forecast for Investors Bancorp. How were Investors Bancorp's earnings last quarter? Investors Bancorp Inc (NASDAQ:ISBC) announced its quarterly earnings results on Wednesday, July, 29th. The savings and loans company reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.01. The savings and loans company had revenue of $192.13 million for the quarter, compared to analyst estimates of $201.80 million. Investors Bancorp had a net margin of 16.82% and a return on equity of 7.02%. The business's revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.18 EPS. View Investors Bancorp's earnings history. How often does Investors Bancorp pay dividends? What is the dividend yield for Investors Bancorp? Investors Bancorp declared a quarterly dividend on Wednesday, July 29th. Stockholders of record on Monday, August 10th will be given a dividend of $0.12 per share on Tuesday, August 25th. This represents a $0.48 annualized dividend and a dividend yield of 5.96%. The ex-dividend date of this dividend is Friday, August 7th. View Investors Bancorp's dividend history. What price target have analysts set for ISBC? 5 brokerages have issued 12-month target prices for Investors Bancorp's stock. Their forecasts range from $10.00 to $11.50. On average, they expect Investors Bancorp's stock price to reach $10.67 in the next twelve months. This suggests a possible upside of 32.3% from the stock's current price. View analysts' price targets for Investors Bancorp. Has Investors Bancorp been receiving favorable news coverage? Media stories about ISBC stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing 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 positive five, with scores closest to five being the most favorable. Investors Bancorp earned a coverage optimism score of -1.4 on InfoTrie's scale. They also assigned media coverage about the savings and loans company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Investors Bancorp. Are investors shorting Investors Bancorp? Investors Bancorp saw a increase in short interest in June. As of June 30th, there was short interest totaling 5,860,000 shares, an increase of 6.9% from the June 15th total of 5,480,000 shares. Based on an average daily volume of 2,030,000 shares, the days-to-cover ratio is presently 2.9 days. Currently, 2.6% of the company's shares are short sold. View Investors Bancorp's Current Options Chain. Who are some of Investors Bancorp's key competitors? Some companies that are related to Investors Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors. What other stocks do shareholders of Investors Bancorp own? 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), Calumet Specialty Products Partners, L.P (CLMT), Two Harbors Investment (TWO), Blackrock Capital Investment (BKCC), New Residential Investment (NRZ), Roper Technologies (ROP) and Viper Energy Partners (VNOM). Who are Investors Bancorp's key executives? Investors Bancorp's management team includes the following people: Mr. Kevin Cummings, Chairman & CEO (Age 65, Pay $2.66M)Mr. Domenick A. Cama, Pres, COO & Director (Age 64, Pay $1.63M)Mr. P. Sean Burke, Exec. VP & CFO (Age 48, Pay $950k)Mr. Paul Kalamaras, Exec. VP & Chief Risk Officer (Age 61, Pay $954.55k)Mr. Richard S. Spengler, Exec. VP & Chief Lending Officer (Age 58, Pay $867.4k) What is Investors Bancorp's stock symbol? Investors Bancorp trades on the NASDAQ under the ticker symbol "ISBC." Who are Investors Bancorp's major shareholders? Investors Bancorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (1.56%), LSV Asset Management (0.83%), Monarch Partners Asset Management LLC (0.30%), RMB Capital Management LLC (0.24%), Assenagon Asset Management S.A. (0.22%) and Swiss National Bank (0.21%). Company insiders that own Investors Bancorp stock include Doreen R Byrnes, Harbour Group LP Blue, P Sean Burke and Robert C Albanese. View institutional ownership trends for Investors Bancorp. Which institutional investors are selling Investors Bancorp stock? ISBC stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Bessemer Group Inc., UBS Group AG, Mackay Shields LLC, SG Americas Securities LLC, Carolina Wealth Advisors LLC, Russell Investments Group Ltd., and Raymond James Financial Services Advisors Inc.. View insider buying and selling activity for Investors Bancorp. Which institutional investors are buying Investors Bancorp stock? ISBC stock was purchased by a variety of institutional investors in the last quarter, including LSV Asset Management, Assenagon Asset Management S.A., Monarch Partners Asset Management LLC, Robeco Institutional Asset Management B.V., Swiss National Bank, ProShare Advisors LLC, Quantitative Systematic Strategies LLC, and Comerica Bank. View insider buying and selling activity for Investors Bancorp. How do I buy shares of 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. What is Investors Bancorp's stock price today? One share of ISBC stock can currently be purchased for approximately $8.06. How big of a company is Investors Bancorp? Investors Bancorp has a market capitalization of $2.02 billion and generates $1.09 billion in revenue each year. The savings and loans company earns $195.48 million in net income (profit) each year or $0.77 on an earnings per share basis. Investors Bancorp employs 1,793 workers across the globe. What is Investors Bancorp's official website? The official website for Investors Bancorp is www.myinvestorsbank.com. How can I contact Investors Bancorp? 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] This page was last updated on 8/6/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
