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S&P 500   4,594.63
DOW   36,245.50
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Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
All the trading advice you’ve ever received boils down to this (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
All the trading advice you’ve ever received boils down to this (Ad)
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
All the trading advice you’ve ever received boils down to this (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
All the trading advice you’ve ever received boils down to this (Ad)
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
All the trading advice you’ve ever received boils down to this (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
All the trading advice you’ve ever received boils down to this (Ad)

Valley National Bancorp Stock Price, News & Analysis (NASDAQ:VLY)

$9.61
+0.51 (+5.60%)
(As of 12/1/2023 ET)
Compare
Today's Range
$8.99
$9.63
50-Day Range
$7.71
$9.61
52-Week Range
$6.39
$12.61
Volume
4.83 million shs
Average Volume
2.77 million shs
Market Capitalization
$4.88 billion
P/E Ratio
8.28
Dividend Yield
4.58%
Price Target
$10.44

Valley National Bancorp MarketRank™ Stock Analysis

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
8.7% Upside
$10.44 Price Target
Short Interest
Bearish
5.48% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.72mentions of Valley National Bancorp in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$864,000 Sold Last Quarter
Proj. Earnings Growth
-2.78%
From $1.08 to $1.05 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.15 out of 5 stars

Finance Sector

404th out of 847 stocks

National Commercial Banks Industry

48th out of 85 stocks


VLY stock logo

About Valley National Bancorp Stock (NASDAQ:VLY)

Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, retail, insurance, and wealth management financial services products. It operates through Consumer Banking, Commercial Banking, and Treasury and Corporate other segments. The company offers non-interest bearing, savings, NOW, money market, and time deposit accounts; commercial and industrial, commercial real estate, residential mortgage, and automobile loans; loans secured by the cash surrender value of life insurance; home equity loans and lines of credit; and secured and unsecured other consumer loans. It also invests in various securities and interest-bearing deposits with other banks; and provides international banking services, such as standby and documentary letters of credit, and related products, as well as foreign exchange transactions, documentary collections, and foreign wire transfers services. In addition, the company offers investment services for individuals and small to medium sized businesses; and trusts and custom -tailored investment strategies for various retirement plans. Further, it provides trust services, such as living and testamentary trusts, investment management, custodial and escrow services, and estate administration to individuals; tax credit advisory services; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as owns real estate related investments. Additionally, the company offers online, mobile, and telephone banking services; and overdraft, drive-in and night deposit, automated teller machine, remote deposit capture, and safe deposit facility services. The company was founded in 1927 and is headquartered in New York, New York.

VLY Stock Price History

VLY Stock News Headlines

Valley National Bancorp (NASDAQ:VLY) Now Covered by Citigroup
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Valley National Bank Is Facing Further Declines
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Q3 2023 Valley National Bancorp Earnings Call
Valley National (VLY) Meets Q3 Earnings Estimates
Valley National Bancorp (VLY) Announces Q3 2023 Earnings
Morgan Stanley Downgrades Valley National Bancorp
See More Headlines
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Company Calendar

Ex-Dividend for 10/2 Dividend
9/13/2023
Dividend Payable
10/02/2023
Last Earnings
10/26/2023
Today
12/03/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/25/2024

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:VLY
Employees
3,826
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.44
High Stock Price Target
$14.50
Low Stock Price Target
$8.00
Potential Upside/Downside
+8.7%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
8 Analysts

Profitability

Net Income
$568.85 million
Pretax Margin
26.14%

Debt

Sales & Book Value

Annual Sales
$2.18 billion
Cash Flow
$1.61 per share
Book Value
$12.64 per share

Miscellaneous

Free Float
499,003,000
Market Cap
$4.88 billion
Optionable
Optionable
Beta
1.17
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Key Executives

  • Mr. Ira D. Robbins (Age 48)
    Chairman & CEO
    Comp: $2.95M
  • Mr. Thomas A. Iadanza (Age 64)
    President & Chief Banking Officer
    Comp: $1.8M
  • Mr. Michael D. Hagedorn (Age 56)
    Senior EVP & CFO
    Comp: $1.18M
  • Mr. Joseph V. ChilluraMr. Joseph V. Chillura (Age 56)
    Senior Executive Vice President of Commercial Banking
    Comp: $1.07M
  • Mr. Raja A. Dakkuri (Age 52)
    Senior EVP & Chief Risk Officer
    Comp: $3.62M
  • Mr. Mitchell L. Crandell (Age 52)
    Executive VP & Chief Accounting Officer
  • Mr. Travis P. Lan
    Head of Investor Relations
  • Mr. Ronald H. Janis (Age 74)
    Senior EVP, Corporate Secretary & General Counsel
    Comp: $977.04k
  • Mr. Marc Piro
    Senior VP, Head of Content, Creative & Public Relations
  • Ms. Yvonne M. Surowiec (Age 62)
    Senior EVP & Chief People Officer














VLY Stock Analysis - Frequently Asked Questions

Should I buy or sell Valley National Bancorp stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Valley National Bancorp in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

8 Wall Street research analysts have issued 12 month price objectives for Valley National Bancorp's stock. Their VLY share price targets range from $8.00 to $14.50. On average, they expect the company's stock price to reach $10.44 in the next twelve months. This suggests a possible upside of 8.7% 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 shares have decreased by 15.0% and is now trading at $9.61.
View the best growth stocks for 2023 here
.

When is Valley National Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024.
View our VLY earnings forecast
.

How were Valley National Bancorp's earnings last quarter?

Valley National Bancorp (NASDAQ:VLY) issued its quarterly earnings results on Thursday, October, 26th. The company reported $0.26 earnings per share for the quarter, hitting analysts' consensus estimates of $0.26. The business had revenue of $871.68 million for the quarter, compared to analyst estimates of $471.14 million. Valley National Bancorp had a net margin of 18.93% and a trailing twelve-month return on equity of 9.82%. During the same period last year, the business earned $0.35 earnings per share.

How often does Valley National Bancorp pay dividends? What is the dividend yield for Valley National Bancorp?

Valley National Bancorp declared a quarterly dividend on Monday, August 14th. Investors of record on Thursday, September 14th will be paid a dividend of $0.11 per share on Monday, October 2nd. This represents a $0.44 annualized dividend and a dividend yield of 4.58%. The ex-dividend date of this dividend is Wednesday, September 13th.
Read our dividend analysis for VLY
.

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 4.58%. VLY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 37.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VLY will have a dividend payout ratio of 41.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VLY.

Who are Valley National Bancorp's major shareholders?

Valley National Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include Fuller & Thaler Asset Management Inc. (3.03%), American Century Companies Inc. (2.57%), Charles Schwab Investment Management Inc. (1.19%), Bank of New York Mellon Corp (1.05%), Northern Trust Corp (0.99%) and Victory Capital Management Inc. (0.97%). Insiders that own company stock include Avner Mendelson, Dafna Landau, Graham O Jones, Joseph Chillura, 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.

This page (NASDAQ:VLY) was last updated on 12/3/2023 by MarketBeat.com Staff

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