In the last trading session, 10.12 million Valley National Bancorp (NASDAQ:VLY) shares changed hands as the company’s beta touched 1.09. With the company’s per share price at $9.09 changed hands at $0.15 or 1.68% during last session, the market valuation stood at $5.09B. VLY’s last price was a discount, traded about -22.11% off its 52-week high of $11.10. The share price had its 52-week low at $6.47, which suggests the last value was 28.82% up since then.
Analysts gave the Valley National Bancorp (VLY) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.17. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended VLY as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Valley National Bancorp’s EPS for the current quarter is expected to be 0.22.
Valley National Bancorp (NASDAQ:VLY) trade information
Instantly VLY was in green as seen at the end of in last trading. With action 3.77%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 0.33%, with the 5-day performance at 3.77% in the green. However, in the 30-day time frame, Valley National Bancorp (NASDAQ:VLY) is 3.18% up.
The consensus price target for the stock as assigned by Wall Street analysts is 11.5, meaning bulls need an upside of 20.96% from its current market value. According to analyst projections, VLY’s forecast low is 9 with 14 as the target high. To hit the forecast high, the stock’s price needs a -54.02% plunge from its current level, while the stock would need to tank 0.99% for it to hit the projected low.
Valley National Bancorp (VLY) estimates and forecasts
Year-over-year growth is forecast to reach 8.73% up from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 495.79M. 7 analysts are of the opinion that Valley National Bancorp’s revenue for the current quarter will be 515.46M. The company’s revenue for the corresponding quarters a year ago was 452.9M and 471.17M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 9.47%. The estimates for the next quarter sales put growth at 9.40%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -4.53%. The 2025 estimates are for Valley National Bancorp earnings to increase by 49.45%, but the outlook for the next 5-year period is at 25.47% per year.
VLY Dividends
Valley National Bancorp is expected to release its next quarterly earnings report in July. The 4.84% annual yield figure for the share gives it an annual dividend of 0.44. It is important to note, however, that the 4.84% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Valley National Bancorp (NASDAQ:VLY)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 8.9463% or 45.55 million shares worth $317.93 million as of 2024-06-30.
Among Mutual Funds, the top two as of Apr 30, 2025 were iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. With 15.38 shares estimated at $139.79 million under it, the former controlled 4.63% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 4.47% of the shares, roughly 14.85 shares worth around $135.01 million.
