Valley National Bancorp (NASDAQ:VLY) Stock Price Expected to Rise, Barclays Analyst Says

Valley National Bancorp (NASDAQ:VLY) had its price objective lifted by stock analysts at Barclays from $13.00 to $14.00 in a research report issued on Friday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Barclays‘s price objective suggests a potential upside of 12.12% from the stock’s previous close.

Several other research analysts also recently issued reports on VLY. UBS Group began coverage on Valley National Bancorp in a research note on Monday, December 15th. They set a “buy” rating and a $15.00 price target for the company. Wall Street Zen raised shares of Valley National Bancorp from a “sell” rating to a “hold” rating in a research note on Friday, October 3rd. Keefe, Bruyette & Woods upped their target price on Valley National Bancorp from $12.50 to $13.00 and gave the company a “market perform” rating in a research note on Friday. Royal Bank Of Canada reissued an “outperform” rating and set a $14.00 price target on shares of Valley National Bancorp in a research report on Friday. Finally, Hovde Group upped their price objective on Valley National Bancorp from $14.00 to $15.00 and gave the company an “outperform” rating in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $14.13.

Valley National Bancorp Stock Performance

Shares of VLY traded down $0.18 during trading hours on Friday, reaching $12.49. 3,360,141 shares of the company traded hands, compared to its average volume of 7,248,030. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.40. The business has a fifty day moving average price of $11.81 and a 200-day moving average price of $10.83. The stock has a market capitalization of $6.96 billion, a P/E ratio of 14.18 and a beta of 1.09. Valley National Bancorp has a 12-month low of $7.48 and a 12-month high of $12.97.

Valley National Bancorp (NASDAQ:VLY) last issued its quarterly earnings results on Thursday, January 29th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.29 by $0.02. Valley National Bancorp had a return on equity of 6.67% and a net margin of 14.86%.The firm had revenue of $541.25 million during the quarter, compared to analysts’ expectations of $524.31 million. During the same period in the previous year, the business earned $0.13 earnings per share. The firm’s revenue for the quarter was up 14.1% on a year-over-year basis. Equities analysts anticipate that Valley National Bancorp will post 0.99 EPS for the current fiscal year.

Institutional Trading of Valley National Bancorp

Hedge funds and other institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Valley National Bancorp by 5.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 282,143 shares of the company’s stock worth $2,508,000 after acquiring an additional 15,771 shares during the period. Jones Financial Companies Lllp bought a new stake in Valley National Bancorp in the 1st quarter worth approximately $191,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Valley National Bancorp by 21.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,445,644 shares of the company’s stock worth $12,852,000 after purchasing an additional 255,870 shares during the period. Focus Partners Wealth raised its stake in Valley National Bancorp by 34.9% during the 1st quarter. Focus Partners Wealth now owns 60,868 shares of the company’s stock valued at $541,000 after buying an additional 15,761 shares during the last quarter. Finally, Signaturefd LLC lifted its holdings in Valley National Bancorp by 23.2% in the second quarter. Signaturefd LLC now owns 6,895 shares of the company’s stock valued at $62,000 after acquiring an additional 1,297 shares during the period. Hedge funds and other institutional investors own 61.00% of the company’s stock.

Key Stories Impacting Valley National Bancorp

Here are the key news stories impacting Valley National Bancorp this week:

• Positive Sentiment: Q4 earnings beat: VLY reported $0.31 EPS vs. consensus $0.29 and revenue $541.3M vs. $524.3M, with management citing higher NII, fee income growth and rising loans/deposits — the core drivers behind the share rally. Zacks earnings rally article
• Positive Sentiment: Analyst bullishness: Hovde raised its price target from $14 to $15 and assigned an “outperform” rating — a material upside (~19.6%) vs. the referenced price, signaling stronger analyst conviction. Finviz note on Hovde PT raise
• Positive Sentiment: Smaller PT raise from Keefe, Bruyette & Woods: KBW bumped its target to $13 and kept a “market perform” rating — modest upside but adds confirmation from the regional-bank coverage community. Benzinga on KBW PT raise
• Neutral Sentiment: Company materials and call: Valley posted its press release, slide deck and conference call transcript detailing the quarter and strategy; useful for investors digging into drivers, margin trends and capital/credit commentary. Press release / slide deck
• Neutral Sentiment: Widespread media coverage: Multiple outlets (Yahoo Finance, Seeking Alpha, Business Insider, WTOP, Investing.com, MarketBeat) ran earnings summaries and the full call transcript — broad dissemination can amplify market reaction but contains no new adverse items. Yahoo Finance earnings summary

About Valley National Bancorp

Valley National Bancorp (NASDAQ: VLY) is a regional bank holding company headquartered in Wayne, New Jersey, offering a comprehensive suite of commercial and consumer banking products and services. Through its banking subsidiary, Valley National Bank, the company provides deposit accounts, residential and commercial lending, mortgage services, treasury and cash management, foreign exchange and trade finance solutions. Complementary wealth management and insurance offerings round out its financial services platform, catering to individual, small-business and corporate clients.

Tracing its roots to the establishment of Wayne National Bank in 1927, Valley has grown into one of the largest banks in New Jersey by both assets and deposit share.