Valley National Bancorp (VLY) Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Valley National Bancorp in the last year. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" VLY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VLY, but not buy additional shares or sell existing shares.
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7 equities research analysts have issued 1 year price targets for Valley National Bancorp's stock. Their VLY share price forecasts range from $8.50 to $14.50. On average, they predict the company's stock price to reach $11.07 in the next year. This suggests a possible upside of 30.1% from the stock's current price.
View analysts price targets for VLY or view top-rated stocks among Wall Street analysts.

Valley National Bancorp's stock was trading at $11.31 at the beginning of 2023. Since then, VLY shares have decreased by 24.8% and is now trading at $8.51.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our VLY earnings forecast.

Valley National Bancorp will be holding an earnings conference call on Thursday, October 26th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Valley National Bancorp (NASDAQ:VLY) posted its earnings results on Thursday, July, 27th. The company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.29 by $0.01. The business earned $847.53 million during the quarter, compared to analysts' expectations of $491.86 million. Valley National Bancorp had a net margin of 22.01% and a trailing twelve-month return on equity of 10.69%. During the same quarter last year, the firm posted $0.32 EPS.

Valley National Bancorp declared a quarterly dividend on Monday, August 14th. Shareholders of record on Thursday, September 14th will be given a dividend of $0.11 per share on Monday, October 2nd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 5.17%. The ex-dividend date is Wednesday, September 13th.
Read our dividend analysis for VLY.

ETFs with the largest weight of Valley National Bancorp (NASDAQ:VLY) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), Direxion Daily Regional Banks Bull 3x Shares (DPST), First Trust Nasdaq Bank ETF (FTXO), iShares U.S. Regional Banks ETF (IAT), WBI Power Factor High Dividend ETF (WBIY) and First Trust Mid Cap Value AlphaDEX Fund (FNK).

Valley National Bancorp (NASDAQ:VLY) pays an annual dividend of $0.44 per share and currently has a dividend yield of 5.19%. VLY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 35.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VLY will have a dividend payout ratio of 40.37% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VLY.

Valley National Bancorp trades on the NASDAQ under the ticker symbol "VLY."

Valley National Bancorp's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.47%), State Street Corp (4.75%), Dimensional Fund Advisors LP (4.29%), Geode Capital Management LLC (1.78%), Charles Schwab Investment Management Inc. (1.13%) and Bank of New York Mellon Corp (1.06%). Insiders that own company stock include Avner Mendelson, Dafna Landau, Graham O Jones, Kevin J Lynch, Marc J Lenner, Sidney S Williams and Suresh L Sani.
View institutional ownership trends.

Shares of VLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of VLY stock can currently be purchased for approximately $8.51.

Valley National Bancorp (NASDAQ:VLY) has a market capitalization of $4.32 billion and generates $2.18 billion in revenue each year. The company earns $568.85 million in net income (profit) each year or $1.23 on an earnings per share basis.

The company employs 3,826 workers across the globe.

Valley National Bancorp's mailing address is ONE PENN PLAZA, NEW YORK NY, 10119. The official website for the company is www.valley.com. The company can be reached via phone at (973) 305-8800, via email at investorrelations@valleynationalbank.com, or via fax at 973-305-1605.