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 (WHO). Since then, ISBC stock has decreased by 16.9% and is now trading at $7.85. 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 29th 2020. View our earnings forecast for Investors Bancorp.

Investors Bancorp will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Investors Bancorp Inc (NASDAQ:ISBC) announced its quarterly earnings results on Wednesday, April, 29th. The savings and loans company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.22 by $0.05. The savings and loans company had revenue of $187.94 million for the quarter, compared to analysts' expectations of $189.90 million. Investors Bancorp had a net margin of 17.03% and a return on equity of 7.03%. Investors Bancorp's revenue for the quarter was up 8.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.18 EPS. View Investors Bancorp's earnings history.

Investors Bancorp declared a quarterly dividend on Wednesday, April 29th. Investors 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 annualized dividend and a yield of 6.11%. The ex-dividend date is Friday, May 8th. View Investors Bancorp's dividend history.

5 Wall Street analysts have issued 12 month price objectives for Investors Bancorp's stock. Their forecasts range from $10.50 to $11.50. On average, they anticipate Investors Bancorp's share price to reach $11.00 in the next year. This suggests a possible upside of 40.1% from the stock's current price. View analysts' price targets for Investors Bancorp.

News headlines about ISBC stock have been trending negative on Friday, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Investors Bancorp earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned news coverage 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 stock's share price in the next few days. View the latest news about Investors Bancorp.

Investors Bancorp saw a increase in short interest in the month of 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 trading volume of 2,030,000 shares, the days-to-cover ratio is currently 2.9 days. Currently, 2.6% of the shares of the company 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), 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), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). 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 variety of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.01%). Company insiders that own Investors Bancorp stock include Doreen R Byrnes, Harbour Group LP Blue, P Sean Burke, Peter Carlin and Robert C Albanese. View institutional ownership trends for Investors Bancorp.

ISBC stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC. 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 $7.85.

Investors Bancorp has a market capitalization of $1.96 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]