NYSE:VLY - Valley National Bancorp Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$12.93 +0.11 (+0.86 %)
(As of 06/20/2018 04:00 PM ET)
Previous Close$12.82
Today's Range$12.85 - $12.97
52-Week Range$10.61 - $13.38
Volume2.20 million shs
Average Volume2.48 million shs
Market Capitalization$4.21 billion
P/E Ratio18.74
Dividend Yield3.46%
Beta0.91
Valley National Bancorp logoValley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, trust, and investment services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit. The company's loan products comprise construction, residential mortgage, home equity, automobile, and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans, credit card loans, personal lines of credit, personal loans, and loans secured by cash surrender value of life insurance. It also invests in securities and interest-bearing deposits with banks, such as fixed rate securities and federal funds; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance products; and health care equipment lending and other commercial equipment leases, as well as real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. As of December 31, 2017, the company operated 237 branches in northern and central New Jersey; the New York City boroughs of Manhattan, Brooklyn, Queens, and Long Island; and southeast and central Florida. Valley National Bancorp was founded in 1927 and is headquartered in Wayne, New Jersey.

Receive VLY News and Ratings via Email

Sign-up to receive the latest news and ratings for VLY and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNYSE:VLY
CUSIP91979410
Phone973-305-8800

Debt

Debt-to-Equity Ratio0.79
Current Ratio0.97
Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio18.74
Forward P/E Ratio14.53
P/E GrowthN/A

Sales & Book Value

Annual Sales$945.86 million
Price / Sales4.53
Cash Flow$1.0521 per share
Price / Cash12.29
Book Value$8.79 per share
Price / Book1.47

Profitability

EPS (Most Recent Fiscal Year)$0.69
Net Income$161.90 million
Net Margins15.41%
Return on Equity8.20%
Return on Assets0.81%

Miscellaneous

Employees2,842
Outstanding Shares331,260,000

Valley National Bancorp (NYSE:VLY) Frequently Asked Questions

What is Valley National Bancorp's stock symbol?

Valley National Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "VLY."

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 Tuesday, May 22nd. Shareholders of record on Friday, June 15th will be given a dividend of $0.11 per share on Tuesday, July 3rd. This represents a $0.44 dividend on an annualized basis and a yield of 3.40%. The ex-dividend date of this dividend is Thursday, June 14th. View Valley National Bancorp's Dividend History.

How were Valley National Bancorp's earnings last quarter?

Valley National Bancorp (NYSE:VLY) issued its quarterly earnings results on Thursday, April, 26th. The financial services provider reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.21 by $0.03. The financial services provider earned $239.85 million during the quarter, compared to analyst estimates of $238.74 million. Valley National Bancorp had a net margin of 15.41% and a return on equity of 8.20%. The company's revenue for the quarter was up 27.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.17 EPS. View Valley National Bancorp's Earnings History.

When is Valley National Bancorp's next earnings date?

Valley National Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Valley National Bancorp.

What price target have analysts set for VLY?

8 brokers have issued 1-year price targets for Valley National Bancorp's stock. Their forecasts range from $12.00 to $15.00. On average, they anticipate Valley National Bancorp's stock price to reach $13.8571 in the next twelve months. View Analyst Ratings for Valley National Bancorp.

Who are some of Valley National Bancorp's key competitors?

Who are Valley National Bancorp's key executives?

Valley National Bancorp's management team includes the folowing people:
  • Mr. Ira D. Robbins, Pres, CEO & Director (Age 43)
  • Mr. Alan David Eskow CPA, Sr. EVP, CFO & Sec. (Age 69)
  • Mr. Ronald H. Janis, Sr. EVP & Gen. Counsel (Age 69)
  • Mr. Robert J. Bardusch, Exec. VP & COO (Age 52)
  • Ms. Andrea T. Onorato, Exec. VP & Chief Admin. Officer (Age 60)

Has Valley National Bancorp been receiving favorable news coverage?

News coverage about VLY stock has trended positive on Wednesday, according to Accern Sentiment. The research firm rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Valley National Bancorp earned a coverage optimism score of 0.34 on Accern's scale. They also assigned media headlines about the financial services provider an impact score of 45.44 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Who are Valley National Bancorp's major shareholders?

Valley National Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.59%), Dimensional Fund Advisors LP (4.08%), Barrow Hanley Mewhinney & Strauss LLC (1.98%), Northern Trust Corp (1.64%), American Century Companies Inc. (1.23%) and Principal Financial Group Inc. (1.06%). Company insiders that own Valley National Bancorp stock include Gerald H Lipkin, Gerald Korde, Graham O Jones, Jennifer W Steans, Marc J Lenner, Mary Guilfoile and Peter J Baum. View Institutional Ownership Trends for Valley National Bancorp.

Which institutional investors are selling Valley National Bancorp stock?

VLY stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., Prudential Financial Inc., BNP Paribas Arbitrage SA, Allianz Asset Management GmbH, Allianz Asset Management GmbH, JPMorgan Chase & Co., Denver Investment Advisors LLC and SG Americas Securities LLC. Company insiders that have sold Valley National Bancorp company stock in the last year include Gerald H Lipkin, Gerald Korde, Graham O Jones, Jennifer W Steans and Mary Guilfoile. View Insider Buying and Selling for Valley National Bancorp.

Which institutional investors are buying Valley National Bancorp stock?

VLY stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Texas Yale Capital Corp., Maltese Capital Management LLC, The Manufacturers Life Insurance Company , Hourglass Capital LLC, Siena Capital Partners GP LLC, State of Tennessee Treasury Department and Schwab Charles Investment Management Inc.. Company insiders that have bought Valley National Bancorp stock in the last two years include Marc J Lenner and Peter J Baum. View Insider Buying and Selling for Valley National Bancorp.

How do I buy shares of Valley National Bancorp?

Shares of VLY 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, Scottrade, Fidelity and Charles Schwab.

What is Valley National Bancorp's stock price today?

One share of VLY stock can currently be purchased for approximately $12.93.

How big of a company is Valley National Bancorp?

Valley National Bancorp has a market capitalization of $4.21 billion and generates $945.86 million in revenue each year. The financial services provider earns $161.90 million in net income (profit) each year or $0.69 on an earnings per share basis. Valley National Bancorp employs 2,842 workers across the globe.

How can I contact Valley National Bancorp?

Valley National Bancorp's mailing address is 1455 VALLEY ROAD, WAYNE NJ, 07470. The financial services provider can be reached via phone at 973-305-8800 or via email at [email protected]


MarketBeat Community Rating for Valley National Bancorp (VLY)

Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  122 (Vote Outperform)
Underperform Votes:  288 (Vote Underperform)
Total Votes:  410
MarketBeat's community ratings are surveys of what our community members think about Valley National Bancorp and other stocks. Vote "Outperform" if you believe VLY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VLY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/20/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.