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 3.5% and is now trading at $9.12. 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) released its quarterly earnings results 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 earned $187.94 million during the quarter, compared to the consensus estimate of $189.90 million. Investors Bancorp had a net margin of 17.03% and a return on equity of 7.03%. The firm's revenue was up 8.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.18 earnings per share. View Investors Bancorp's earnings history.

Investors Bancorp announced a quarterly dividend on Wednesday, April 29th. Stockholders of record on Monday, May 11th will be paid 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 5.26%. The ex-dividend date is Friday, May 8th. View Investors Bancorp's dividend history.

5 equities research analysts have issued twelve-month target prices for Investors Bancorp's shares. Their forecasts range from $10.50 to $11.50. On average, they expect Investors Bancorp's share price to reach $11.00 in the next twelve months. This suggests a possible upside of 20.6% from the stock's current price. View analysts' price targets for Investors Bancorp.

News articles about ISBC stock have been trending negative on Friday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Investors Bancorp earned a news sentiment score of -2.7 on InfoTrie's scale. They also gave headlines about the savings and loans company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutInvestors Bancorp.

Investors Bancorp saw a increase in short interest in 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 daily trading volume, of 3,050,000 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.8% of the company's shares 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 many different retail and institutional investors. Top institutional investors 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 purchased 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 $9.12.

Investors Bancorp has a market capitalization of $2.28 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]