NASDAQ:VLY Valley National Bancorp (VLY) Stock Forecast, Price & News $7.59 +0.21 (+2.85%) (As of 12:09 PM ET) Add Compare Share Share Today's Range$7.32▼$7.6250-Day Range$6.59▼$9.3852-Week Range$6.39▼$13.07Volume1.13 million shsAverage Volume5.42 million shsMarket Capitalization$3.85 billionP/E Ratio6.66Dividend Yield5.80%Price Target$12.08 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Valley National Bancorp MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside63.7% Upside$12.08 Price TargetShort InterestBearish5.99% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.83Based on 6 Articles This WeekInsider TradingAcquiring Shares$195,783 Bought Last QuarterProj. Earnings Growth0.83%From $1.20 to $1.21 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.80 out of 5 starsFinance Sector245th out of 901 stocksNational Commercial Banks Industry39th out of 85 stocks 3.2 Analyst's Opinion Consensus RatingValley National Bancorp has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.08, Valley National Bancorp has a forecasted upside of 63.7% from its current price of $7.38.Amount of Analyst CoverageValley National Bancorp has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.99% of the outstanding shares of Valley National Bancorp have been sold short.Short Interest Ratio / Days to CoverValley National Bancorp has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Valley National Bancorp has recently increased by 19.59%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipValley National Bancorp is a leading dividend payer. It pays a dividend yield of 5.69%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthValley National Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Valley National Bancorp is 38.60%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Valley National Bancorp will have a dividend payout ratio of 36.36% next year. This indicates that Valley National Bancorp will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for VLY. Previous Next 3.8 News and Social Media Coverage News SentimentValley National Bancorp has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Valley National Bancorp this week, compared to 4 articles on an average week.Search Interest24 people have searched for VLY on MarketBeat in the last 30 days. This is an increase of 85% compared to the previous 30 days.MarketBeat Follows12 people have added Valley National Bancorp to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Valley National Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $195,783.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.71% of the stock of Valley National Bancorp is held by insiders.Percentage Held by Institutions54.77% of the stock of Valley National Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Valley National Bancorp are expected to grow by 0.83% in the coming year, from $1.20 to $1.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Valley National Bancorp is 6.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.88.Price to Earnings Ratio vs. SectorThe P/E ratio of Valley National Bancorp is 6.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 156.75.Price to Book Value per Share RatioValley National Bancorp has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Valley National Bancorp (NASDAQ:VLY) StockValley National Bancorp is a bank holding company, which engages in the provision of retail and commercial banking services. It operates through the following segments: Consumer Lending, Commercial Lending, Investment Management, and Corporate and Other Adjustments. The Consumer Lending segment consists of residential mortgage loans, automobile loans and home equity loans, as well as wealth management and insurance services. The Commercial Lending segment includes floating rate and adjustable rate commercial and industrial loans as well as fixed rate owner occupied and commercial real estate loans. The Investment Management segment refers to investments in various types of securities and interest-bearing deposits with other banks. The Corporate and Other Adjustments segment represents the income and expense items not directly attributable to a specific segment. The company was founded on November 12, 1982 and is headquartered in New York, NY.Read More Receive VLY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Valley National Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address VLY Stock News HeadlinesJune 1, 2023 | fool.comValley National Bancorp (NASDAQ: VLY)May 30, 2023 | americanbankingnews.comAnalysts Set Valley National Bancorp (NASDAQ:VLY) Target Price at $12.10June 1, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 28, 2023 | finance.yahoo.comTech Stock Rally Leaves Small-Caps in the DustMay 25, 2023 | finance.yahoo.comValley Bank Invested More than $3.4 Billion to Support Its Communities in 2022May 25, 2023 | americanbankingnews.comValley National Bancorp (NASDAQ:VLY) Trading 6.1% Higher Following Insider Buying ActivityMay 24, 2023 | americanbankingnews.comValley National Bancorp (NASDAQ:VLY) Director Suresh L. Sani Buys 4,416 Shares of StockMay 19, 2023 | americanbankingnews.comValley National Bancorp (NASDAQ:VLY) Coverage Initiated at StockNews.comJune 1, 2023 | Edge On The Street (Ad)AI is Unstoppable. Now Is The Time!AI, or Artificial Intelligence, is all the rage right now. AI technologies are empowering users in every industry to increase sales, efficiency, and productivity. It's truly a case of adapt or fail.May 17, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for Valley NtlMay 17, 2023 | americanbankingnews.comValley National Bancorp (NASDAQ:VLY) Director Avner Mendelson Acquires 2,611 Shares of StockMay 11, 2023 | americanbankingnews.comValley National Bancorp (NASDAQ:VLY) Director Marc J. Lenner Purchases 2,000 SharesMay 11, 2023 | seekingalpha.comValley National Bancorp: Highly Undervalued But Be CarefulMay 5, 2023 | finance.yahoo.comDon't Wait for a 'Plumber' to Fix the Financial SystemMay 5, 2023 | americanbankingnews.comAnalysts Set Valley National Bancorp (NASDAQ:VLY) PT at $12.25May 4, 2023 | americanbankingnews.comValley National Bancorp (NASDAQ:VLY) Hits New 12-Month Low at $7.38May 3, 2023 | americanbankingnews.comValley National Bancorp (NASDAQ:VLY) Sees Strong Trading VolumeMay 2, 2023 | finance.yahoo.comRegional Bank Stocks Fall Hard. Why Now Is a Mystery.May 2, 2023 | finance.yahoo.comBanks Are Complex and Valley National Is No Different: Here's the PlayMay 2, 2023 | marketwatch.comBronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Valley National Bancorp (VLY) InvestigationMay 2, 2023 | americanbankingnews.comQ3 2023 EPS Estimates for Valley National Bancorp Cut by Analyst (NASDAQ:VLY)May 1, 2023 | benzinga.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Valley National Bancorp - VLYMay 1, 2023 | benzinga.comValley National Bancorp shares are trading lower after Raymond James downgraded the stock from Strong Buy to Market Perform.May 1, 2023 | markets.businessinsider.comKBW Keeps Their Buy Rating on Valley National Bancorp (VLY)May 1, 2023 | finance.yahoo.comWhy Shares of Valley National Bancorp Are Falling TodayMay 1, 2023 | finance.yahoo.comThese 2 Banks Are Pulling the Nasdaq DownMay 1, 2023 | msn.comRaymond James Downgrades Valley National Bancorp (VLY)See More Headlines VLY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VLY Company Calendar Ex-Dividend for 4/3 Dividend3/14/2023Dividend Payable4/03/2023Last Earnings4/27/2023Today6/01/2023Ex-Dividend for 7/3 Dividend6/14/2023Dividend Payable7/03/2023Next Earnings (Estimated)7/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:VLY CUSIPN/A CIK714310 Webwww.valley.com Phone(973) 305-8800Fax973-305-1605Employees3,826Year FoundedN/APrice Target and Rating Average Stock Price Forecast$12.08 High Stock Price Forecast$14.50 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+60.9%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.14 Trailing P/E Ratio6.59 Forward P/E Ratio6.26 P/E GrowthN/ANet Income$568.85 million Net Margins23.22% Pretax Margin32.13% Return on Equity11.15% Return on Assets1.18% Debt Debt-to-Equity Ratio0.36 Current Ratio0.98 Quick Ratio0.98 Sales & Book Value Annual Sales$2.18 billion Price / Sales1.75 Cash Flow$1.48 per share Price / Cash Flow5.07 Book Value$12.41 per share Price / Book0.61Miscellaneous Outstanding Shares507,880,000Free Float499,190,000Market Cap$3.81 billion OptionableOptionable Beta1.08 Key ExecutivesIra D. RobbinsChairman & Chief Executive OfficerThomas A. IadanzaPresidentMike HagedornChief Financial Officer & Senior Executive VPRaja A. DakkuriChief Risk Officer & Senior Executive VPMitchell L. CrandellChief Accounting Officer & Executive VPKey CompetitorsPinnacle Financial PartnersNASDAQ:PNFPOld National BancorpNASDAQ:ONBSynovus FinancialNYSE:SNVF.N.B.NYSE:FNBZions Bancorporation, National AssociationNASDAQ:ZIONView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 37,727 shares on 5/26/2023Ownership: 0.015%Toroso Investments LLCBought 24,972 shares on 5/23/2023Ownership: 0.005%Ameriprise Financial Inc.Sold 11,850 shares on 5/22/2023Ownership: 0.112%Putnam Investments LLCBought 216,954 shares on 5/22/2023Ownership: 0.043%Suresh L SaniBought 4,416 shares on 5/22/2023Total: $69,331.20 ($15.70/share)View All Insider TransactionsView All Institutional Transactions VLY Stock - Frequently Asked Questions Should I buy or sell Valley National Bancorp stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Valley National Bancorp in the last year. There are currently 3 hold ratings and 2 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. View VLY analyst ratings or view top-rated stocks. What is Valley National Bancorp's stock price forecast for 2023? 5 equities research analysts have issued 1 year target prices for Valley National Bancorp's stock. Their VLY share price forecasts range from $9.00 to $14.50. On average, they expect the company's stock price to reach $12.08 in the next twelve months. This suggests a possible upside of 60.9% from the stock's current price. View analysts price targets for VLY or view top-rated stocks among Wall Street analysts. How have VLY shares performed in 2023? Valley National Bancorp's stock was trading at $11.31 at the beginning of the year. Since then, VLY stock has decreased by 33.6% and is now trading at $7.51. View the best growth stocks for 2023 here. Are investors shorting Valley National Bancorp? Valley National Bancorp saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 30,400,000 shares, an increase of 19.6% from the April 30th total of 25,420,000 shares. Based on an average trading volume of 7,040,000 shares, the days-to-cover ratio is currently 4.3 days. View Valley National Bancorp's Short Interest. When is Valley National Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our VLY earnings forecast. How were Valley National Bancorp's earnings last quarter? Valley National Bancorp (NASDAQ:VLY) announced its earnings results on Thursday, April, 27th. The company reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.33 by $0.03. The company had revenue of $490.30 million for the quarter, compared to the consensus estimate of $520.58 million. Valley National Bancorp had a trailing twelve-month return on equity of 11.15% and a net margin of 23.22%. The company's quarterly revenue was up 37.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.28 EPS. How often does Valley National Bancorp pay dividends? What is the dividend yield for Valley National Bancorp? Valley National Bancorp announced a quarterly dividend on Tuesday, May 23rd. Shareholders of record on Thursday, June 15th will be paid a dividend of $0.11 per share on Monday, July 3rd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 5.86%. The ex-dividend date of this dividend is Wednesday, June 14th. Read our dividend analysis for VLY. What ETFs hold Valley National Bancorp's stock? 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), First Trust Nasdaq Bank ETF (FTXO), iShares U.S. Regional Banks ETF (IAT), Invesco S&P MidCap Value with Momentum ETF (XMVM), Direxion Daily Regional Banks Bull 3x Shares (DPST) and iShares Select Dividend ETF (DVY). Is Valley National Bancorp a good dividend stock? Valley National Bancorp (NASDAQ:VLY) pays an annual dividend of $0.44 per share and currently has a dividend yield of 5.69%. VLY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 38.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VLY will have a dividend payout ratio of 36.36% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for VLY. What is Valley National Bancorp's stock symbol? Valley National Bancorp trades on the NASDAQ under the ticker symbol "VLY." Who are Valley National Bancorp's major shareholders? Valley National Bancorp's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.57%), Dimensional Fund Advisors LP (4.26%), State Street Corp (4.16%), Macquarie Group Ltd. (3.68%), American Century Companies Inc. (2.12%) and Wellington Management Group LLP (1.86%). Insiders that own company stock include Avner Mendelson, Dafna Landau, Graham O Jones, Joseph Chillura, Kevin J Lynch, Kevin J Lynch, Marc J Lenner, Sidney S Williams and Suresh L Sani. View institutional ownership trends. How do I buy shares of Valley National Bancorp? 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. Compare Top Brokerages Here. What is Valley National Bancorp's stock price today? One share of VLY stock can currently be purchased for approximately $7.51. How much money does Valley National Bancorp make? Valley National Bancorp (NASDAQ:VLY) has a market capitalization of $3.81 billion and generates $2.18 billion in revenue each year. The company earns $568.85 million in net income (profit) each year or $1.14 on an earnings per share basis. How many employees does Valley National Bancorp have? The company employs 3,826 workers across the globe. How can I contact Valley National Bancorp? 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. This page (NASDAQ:VLY) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Valley National Bancorp Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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