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, January 29th. Investors of record on Monday, February 10th will be given a dividend of $0.12 per share on Tuesday, February 25th. This represents a $0.48 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date of this dividend is Friday, February 7th. This is an increase from Investors Bancorp's previous quarterly dividend of $0.11. View Investors Bancorp's Dividend History.

Investors Bancorp Inc (NASDAQ:ISBC) issued its quarterly earnings results on Wednesday, January, 29th. The savings and loans company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.20 by $0.01. The savings and loans company earned $189.23 million during the quarter, compared to analysts' expectations of $180.70 million. Investors Bancorp had a net margin of 17.88% and a return on equity of 6.92%. During the same period last year, the business posted $0.22 earnings per share. View Investors Bancorp's Earnings History.

Investors Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Investors Bancorp.

4 Wall Street analysts have issued 1 year price objectives for Investors Bancorp's stock. Their forecasts range from $14.00 to $15.00. On average, they expect Investors Bancorp's stock price to reach $14.50 in the next twelve months. This suggests a possible upside of 32.5% from the stock's current price. View Analyst Price Targets for Investors Bancorp.

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

Media stories about ISBC stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Investors Bancorp earned a news sentiment score of 1.1 on InfoTrie's scale. They also gave media coverage about the savings and loans company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the company's share price in the next few days. View News Stories for Investors Bancorp.

Investors Bancorp saw a increase in short interest in January. As of January 31st, there was short interest totalling 6,110,000 shares, an increase of 12.5% from the January 15th total of 5,430,000 shares. Based on an average daily volume of 1,710,000 shares, the days-to-cover ratio is currently 3.6 days. Approximately 2.4% 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), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Signature Bank (SBNY), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), East West Bancorp (EWBC) and TCF Financial (TCF).

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), Viper Energy Partners (VNOM), Roper Technologies (ROP) and Washington Prime Group (WPG).

Investors Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (2.87%), Geode Capital Management LLC (1.30%), Goldman Sachs Group Inc. (0.95%), Bank of America Corp DE (0.89%), Charles Schwab Investment Management Inc. (0.87%) and Bank of New York Mellon Corp (0.73%). 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 Credit Suisse AG, FMR LLC, UBS Asset Management Americas Inc., Man Group plc, UBS Group AG, Point72 Asset Management L.P., PL Capital Advisors LLC and Bank of America Corp DE. Company insiders that have sold Investors Bancorp company stock in the last year include Harbour Group LP Blue, P Sean Burke and Robert C Albanese. View Insider Buying and Selling for Investors Bancorp.

ISBC stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Victory Capital Management Inc., CHURCHILL MANAGEMENT Corp, State Street Corp, Bank of New York Mellon Corp, KBC Group NV, Public Sector Pension Investment Board and Cubist Systematic Strategies LLC. 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 $10.94.

Investors Bancorp has a market capitalization of $3.01 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 1,962 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]