Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Valley National Bancorp Market Cap
Based on ratings from 11 stock analysts, the Valley National Bancorp stock price is expected to increase by 2.44% in 12 months. This is calculated by using the average 12-month stock price forecast for Valley National Bancorp. The lowest target is $10 and the highest is $12. Please note analyst price targets are not guaranteed and could be missed completely.
About 11 Wall Street analysts have assigned VLY 4 buy ratings, 7 hold ratings, and 0 sell ratings. This means that analysts expect Valley National Bancorp to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on VLY. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of VLY.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Steven Alexopoulos JP Morgan | Overweight | $11 | Upgrade | Nov 11, 2024 |
| Jared Shaw Barclays | Equal-Weight | $10 | Upgrade | Oct 31, 2024 |
| Jon Arfstrom RBC Capital | Outperform | $11 | Maintains | Oct 25, 2024 |
| David Chiaverini Wedbush | Neutral | $10 | Reiterates | Oct 25, 2024 |
| Jared Shaw Barclays | Underweight | $9 | Maintains | Oct 25, 2024 |
| Frank Schiraldi Piper Sandler | Neutral | $10 | Maintains | Oct 25, 2024 |
| Steven Alexopoulos JP Morgan | Neutral | $10 | Maintains | Oct 9, 2024 |
| Manan Gosalia Morgan Stanley | Equal-Weight | $10 | Maintains | Sep 30, 2024 |
| David Chiaverini Wedbush | Neutral | $10 | Maintains | Sep 24, 2024 |
| Manan Gosalia Morgan Stanley | Equal-Weight | $9.5 | Upgrade | Aug 5, 2024 |
| Jon Arfstrom RBC Capital | Outperform | $9 | Maintains | Jul 26, 2024 |
| Christopher Mcgratty Keefe, Bruyette & Woods | Market Perform | $8.5 | Maintains | Jul 26, 2024 |
| Steven Duong RBC Capital | Outperform | $8 | Maintains | Jul 9, 2024 |
| Steven Alexopoulos JP Morgan | Neutral | $8 | Maintains | Jun 27, 2024 |
| Jared Shaw Barclays | Underweight | $7 | Maintains | Jun 24, 2024 |
| Michael Perito Keefe, Bruyette & Woods | Market Perform | $8 | Downgrade | May 31, 2024 |
| David Chiaverini Wedbush | Neutral | $8 | Reiterates | May 22, 2024 |
| David Chiaverini Wedbush | Neutral | $8 | Maintains | Apr 29, 2024 |
| David Chiaverini Wedbush | Neutral | $8 | Maintains | Apr 26, 2024 |
| Steven Duong RBC Capital | Outperform | $10 | Maintains | Apr 9, 2024 |
When did it IPO
1990
Staff Count
3,749
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Ira D. Robbins
Market Cap
$5.97B
In 2023, VLY generated $1.88B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that VLY's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 18 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Valley National Bancorp (NASDAQ:VLY) declared its regular preferred and common dividends, payable to shareholders on December 13, 2024.
Why It Matters - Valley National Bancorp's dividend declaration signals financial stability and commitment to returning value to shareholders, potentially influencing stock performance and investor confidence.
Thu, 07 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Valley National Bancorp (NASDAQ: VLY) announced a proposed public offering of its common stock on November 7, 2024.
Why It Matters - Valley National Bancorp's proposed public offering could dilute existing shares and impact stock price, signaling potential capital needs or expansion plans.
Thu, 07 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Valley National Bancorp priced a public offering of 42.78 million shares of common stock at $9.35 each, raising $400 million in gross proceeds.
Why It Matters - Valley National Bancorp's $400 million stock offering may dilute existing shares, impacting share value and investor sentiment. Fundraising could also signal growth or financial needs.
Thu, 24 Oct 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Valley National Bancorp (VLY) has released its Q3 2024 earnings call transcript, providing insights into financial performance and strategic outlook for investors.
Why It Matters - Valley National Bancorp's Q3 2024 earnings reveal financial performance, impacting stock valuation, investor sentiment, and potential future growth prospects.
Thu, 24 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Valley National Bancorp reported Q3 2024 net income of $97.9 million ($0.18/share), up from $70.4 million in Q2 2024 but down from $141.3 million in Q3 2023. Adjusted net income was $96.8 million.
Why It Matters - Valley National Bancorp's Q3 2024 net income increased from Q2 2024 but declined YoY. Adjusted net income shows growth, highlighting operational performance amid market conditions, impacting valuation.
Thu, 24 Oct 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Valley National (VLY) reported Q3 earnings of $0.18 per share, meeting expectations but down from $0.26 per share year-over-year.
Why It Matters - Valley National's earnings decline signals potential challenges in profitability, impacting investor sentiment and stock performance. Meeting estimates may offer stability but raises concerns over growth.
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