Valley National Bancorp (NASDAQ:VLY – Free Report) – Equities researchers at Wedbush issued their Q1 2025 EPS estimates for shares of Valley National Bancorp in a research note issued on Wednesday, March 27th. Wedbush analyst D. Chiaverini forecasts that the company will post earnings per share of $0.30 for the quarter. Wedbush has a “Neutral” rating and a $11.00 price target on the stock. The consensus estimate for Valley National Bancorp’s current full-year earnings is $0.97 per share. Wedbush also issued estimates for Valley National Bancorp’s Q2 2025 earnings at $0.30 EPS, Q3 2025 earnings at $0.30 EPS and Q4 2025 earnings at $0.31 EPS.
Valley National Bancorp (NASDAQ:VLY – Get Free Report) last announced its quarterly earnings results on Thursday, January 25th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.03). The firm had revenue of $449.97 million for the quarter, compared to the consensus estimate of $467.49 million. Valley National Bancorp had a net margin of 14.82% and a return on equity of 8.67%. During the same period in the prior year, the business earned $0.35 earnings per share.
Other equities research analysts have also recently issued research reports about the stock. Citigroup lowered their price target on shares of Valley National Bancorp from $11.00 to $8.50 and set a “neutral” rating for the company in a research report on Wednesday, March 13th. Keefe, Bruyette & Woods lowered their target price on shares of Valley National Bancorp from $13.00 to $12.00 and set an “outperform” rating on the stock in a report on Friday, January 26th. Barclays initiated coverage on shares of Valley National Bancorp in a report on Friday, March 8th. They set an “underweight” rating and a $8.00 target price on the stock. Morgan Stanley upped their price objective on shares of Valley National Bancorp from $8.50 to $9.00 and gave the company an “underweight” rating in a report on Wednesday, February 7th. Finally, StockNews.com downgraded shares of Valley National Bancorp from a “hold” rating to a “sell” rating in a report on Friday, February 16th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Valley National Bancorp has an average rating of “Hold” and a consensus target price of $10.00.
Get Our Latest Analysis on VLY
Valley National Bancorp Price Performance
VLY traded up $0.06 during midday trading on Friday, hitting $7.96. The company had a trading volume of 6,519,181 shares, compared to its average volume of 7,822,804. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.99 and a current ratio of 0.99. The company has a market capitalization of $4.05 billion, a PE ratio of 8.38 and a beta of 1.09. Valley National Bancorp has a twelve month low of $6.39 and a twelve month high of $11.22. The firm’s 50-day simple moving average is $8.55 and its 200-day simple moving average is $8.95.
Institutional Investors Weigh In On Valley National Bancorp
Several hedge funds have recently added to or reduced their stakes in VLY. Envestnet Asset Management Inc. bought a new stake in shares of Valley National Bancorp in the 1st quarter worth approximately $276,000. HighTower Advisors LLC lifted its position in Valley National Bancorp by 179.4% in the 1st quarter. HighTower Advisors LLC now owns 34,453 shares of the company’s stock valued at $450,000 after acquiring an additional 22,120 shares in the last quarter. Cetera Advisor Networks LLC lifted its position in Valley National Bancorp by 29.2% in the 1st quarter. Cetera Advisor Networks LLC now owns 37,654 shares of the company’s stock valued at $490,000 after acquiring an additional 8,514 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in Valley National Bancorp by 16.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 35,562 shares of the company’s stock valued at $463,000 after acquiring an additional 4,951 shares in the last quarter. Finally, Natixis Advisors L.P. bought a new position in shares of Valley National Bancorp during the 1st quarter valued at $207,000. Institutional investors own 61.00% of the company’s stock.
Insider Activity at Valley National Bancorp
In other Valley National Bancorp news, EVP Joseph Chillura sold 49,715 shares of the firm’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $8.18, for a total value of $406,668.70. Following the completion of the sale, the executive vice president now directly owns 545,249 shares of the company’s stock, valued at $4,460,136.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.71% of the stock is currently owned by company insiders.
Valley National Bancorp Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 2nd. Investors of record on Thursday, March 14th will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 5.53%. The ex-dividend date of this dividend is Wednesday, March 13th. Valley National Bancorp’s payout ratio is 46.32%.
About Valley National Bancorp
Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, private banking, retail, insurance, and wealth management financial services products. It operates through Consumer Banking, Commercial Banking, and Treasury and Corporate other segments.
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