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 shares have decreased by 12.0% and is now trading at $8.32. 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) issued its quarterly earnings data on Wednesday, April, 29th. The savings and loans company reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates 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 return on equity of 7.03% and a net margin of 17.03%. The firm's revenue was up 8.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.18 EPS. View Investors Bancorp's earnings history.

Investors Bancorp declared a quarterly dividend on Wednesday, April 29th. Stockholders 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 annualized dividend and a dividend yield of 5.77%. The ex-dividend date is Friday, May 8th. View Investors Bancorp's dividend history.

5 equities research analysts have issued 12 month price targets for Investors Bancorp's shares. 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 twelve months. This suggests a possible upside of 32.2% from the stock's current price. View analysts' price targets for Investors Bancorp.

Media stories about ISBC stock have been trending very negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Investors Bancorp earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave headlines about the savings and loans company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about 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 shares of the company are short sold. 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), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), 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 number of retail and institutional investors. Top institutional investors 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 bought 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 $8.32.

Investors Bancorp has a market capitalization of $2.08 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]