NASDAQ:ISBCInvestors Bancorp Stock Price, Forecast & News

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 stock has decreased by 8.1% and is now trading at $8.68. View which stocks have been most impacted by Coronavirus.

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.

Investors Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Investors Bancorp.

Investors Bancorp Inc (NASDAQ:ISBC) issued its quarterly earnings data on Wednesday, April, 29th. The savings and loans company reported $0.17 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.22 by $0.05. The savings and loans company had revenue of $187.94 million for the quarter, compared to analyst estimates of $189.90 million. Investors Bancorp had a net margin of 17.03% and a return on equity of 7.03%. The company's quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.18 earnings per share. View Investors Bancorp's earnings history.

Investors Bancorp declared a quarterly dividend on Wednesday, April 29th. Shareholders of record on Monday, May 11th will be given a dividend of $0.12 per share on Tuesday, May 26th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.53%. The ex-dividend date is Friday, May 8th. View Investors Bancorp's dividend history.

5 brokerages have issued 12 month target prices for Investors Bancorp's stock. Their forecasts range from $10.50 to $11.50. On average, they expect Investors Bancorp's stock price to reach $11.00 in the next year. This suggests a possible upside of 26.7% from the stock's current price. View analysts' price targets for Investors Bancorp.

Headlines about ISBC stock have been trending negative recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Investors Bancorp earned a daily sentiment score of -2.3 on InfoTrie's scale. They also assigned news articles 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 effect on the company's share price in the next several days. View the latest news aboutInvestors Bancorp.

Investors Bancorp saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 4,140,000 shares, an increase of 8.4% from the April 30th total of 3,820,000 shares. Based on an average trading volume of 3,050,000 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.8% of the company's stock are sold short. View Investors Bancorp's Current Options Chain.

Some companies that are related to Investors Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), 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), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC). View all competitors.

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).

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

Investors Bancorp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Fuller & Thaler Asset Management Inc. (8.81%), BlackRock Inc. (7.31%), State Street Corp (3.03%), Nuveen Asset Management LLC (1.86%), Robeco Institutional Asset Management B.V. (1.52%) and Geode Capital Management LLC (1.45%). Company insiders that own Investors Bancorp stock include Doreen R Byrnes, Harbour Group LP Blue, Michele N Siekerka, P Sean Burke, Peter Carlin and Robert C Albanese. View institutional ownership trends for Investors Bancorp.

ISBC stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, State Street Corp, Canada Pension Plan Investment Board, BlackRock Inc., BHZ Capital Management LP, Zeke Capital Advisors LLC, and Parametric Portfolio Associates LLC. Company insiders that have sold Investors Bancorp company stock in the last year include P Sean Burke, and Robert C Albanese. View insider buying and selling activity for Investors Bancorp.

ISBC stock was acquired by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Cramer Rosenthal Mcglynn LLC, Nuveen Asset Management LLC, Victory Capital Management Inc., Victory Capital Management Inc., Rothschild & Co. Asset Management US Inc., Invesco Ltd., and Grantham Mayo Van Otterloo & Co. LLC. View insider buying and selling activity 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 $8.68.

Investors Bancorp has a market capitalization of $2.17 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.

The official website for Investors Bancorp is 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]