Valley National Bancorp (NASDAQ:VLY – Get Free Report) had its price objective lifted by analysts at Morgan Stanley from $16.00 to $17.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm currently has an “equal weight” rating on the stock. Morgan Stanley‘s price objective points to a potential upside of 20.61% from the company’s previous close.
Several other equities research analysts have also weighed in on the company. Weiss Ratings upgraded Valley National Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 16th. Truist Financial increased their price target on Valley National Bancorp from $15.50 to $16.50 and gave the company a “buy” rating in a report on Friday, July 10th. UBS Group reissued a “buy” rating and issued a $16.00 price target on shares of Valley National Bancorp in a research report on Friday. Cantor Fitzgerald boosted their price objective on shares of Valley National Bancorp from $16.00 to $17.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. Finally, National Bank Financial set a $15.50 price objective on shares of Valley National Bancorp in a report on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $16.31.
Check Out Our Latest Analysis on VLY
Valley National Bancorp Stock Up 2.1%
NASDAQ VLY traded up $0.28 during trading on Friday, hitting $14.10. 4,541,605 shares of the company traded hands, compared to its average volume of 7,127,888. Valley National Bancorp has a 12 month low of $10.34 and a 12 month high of $15.20. The business has a fifty day simple moving average of $13.44 and a 200 day simple moving average of $13.79. The company has a market capitalization of $7.79 billion, a P/E ratio of 11.94 and a beta of 1.07. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.35.
Valley National Bancorp (NASDAQ:VLY – Get Free Report) last released its quarterly earnings results on Thursday, October 22nd. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.03. The company had revenue of $581.10 million during the quarter, compared to the consensus estimate of $577.82 million. Valley National Bancorp had a return on equity of 9.13% and a net margin of 19.49%. During the same quarter in the prior year, the company posted $0.28 EPS. As a group, sell-side analysts predict that Valley National Bancorp will post 1.27 EPS for the current year.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the business. Cedar Mountain Advisors LLC acquired a new position in shares of Valley National Bancorp during the first quarter worth approximately $26,000. Assetmark Inc. boosted its position in shares of Valley National Bancorp by 123.7% in the first quarter. Assetmark Inc. now owns 2,150 shares of the company’s stock valued at $26,000 after acquiring an additional 1,189 shares during the period. Compass Financial Management LLC acquired a new stake in shares of Valley National Bancorp in the second quarter worth $28,000. Root Financial Partners LLC grew its stake in shares of Valley National Bancorp by 127.3% in the first quarter. Root Financial Partners LLC now owns 3,976 shares of the company’s stock worth $49,000 after acquiring an additional 2,227 shares during the last quarter. Finally, Parallel Advisors LLC increased its position in Valley National Bancorp by 41.8% during the first quarter. Parallel Advisors LLC now owns 6,163 shares of the company’s stock worth $76,000 after acquiring an additional 1,816 shares during the period. 61.00% of the stock is owned by institutional investors.
Key Headlines Impacting Valley National Bancorp
Here are the key news stories impacting Valley National Bancorp this week:
- Positive Sentiment: Valley National reported third-quarter net income of $206.3 million, or $0.36 per diluted share, up from $0.29 in the second quarter and $0.28 a year earlier. EPS exceeded the consensus estimate of $0.33. Valley National Bancorp Announces Third Quarter 2026 Results
- Positive Sentiment: Revenue reached approximately $581.1 million, topping the $577.8 million analyst forecast. Reports described the quarter as delivering roughly 14% year-over-year revenue growth, supporting expectations for improving operating momentum. Valley National Bancorp Delivers 14% Revenue Growth in Q3 2026
- Positive Sentiment: The bank reported a 9.13% return on equity and a 19.49% net margin. Adjusted net income was $206.4 million, indicating that the strong quarter was not materially dependent on unusual items. Valley National Bancorp Reports Record Third-Quarter Profitability
- Positive Sentiment: Valley National also announced its regular quarterly cash dividend, payable January 4, 2027, reinforcing the stock’s income appeal. Valley National Announces Quarterly Cash Dividend
- Neutral Sentiment: The earnings-call transcript and presentation provided additional management commentary and quarterly details, but the reports supplied no major negative surprise or new risk that offset the earnings beat. Valley National Q3 2026 Earnings Call Transcript
Valley National Bancorp Company Profile
Valley National Bancorp is the bank holding company for Valley National Bank, a full-service regional bank headquartered in Wayne, New Jersey. The company provides banking and financial services to individuals, businesses, nonprofit organizations and government entities through a network of branches and digital banking channels.
Valley National Bank offers deposit accounts, residential and commercial real estate lending, business loans, consumer loans, mortgage banking, treasury management and other commercial banking services.
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