Ohio-based Keybank National Association Oh has invested 0% in Valley National Bancorp (NYSE:VLY). A high P/E suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E. Valley National Bancorp received interesting focus from Active Investors and it has been trading on front line as seeing to it recent volume.
Analysts are also projecting an Average Revenue Estimate for Valley National Bancorp as $239550 in the Current Quarter. The business is scheduled to issue its next quarterly earnings report before the market opens on Thursday, April 26th. Given the importance of identifying companies that will ensure earnings per share at a high rate, we later obsession to umpire how to determine which companies will achieve high amassing standards. 165.19 million shares or 1.26% less from 167.29 million shares in 2017Q3 were reported.
Valley National Bancorp has a consensus outperform rating from 10 Wall Street analysts, and the number of shares now sold short amount to at least 3.88% of shares outstanding.
If investors are looking for a stable dividend stock with upside, Valley National Bancorp (NYSE:VLY) could be one that fits the bill. Previously Valley National Bancorp (NYSE:VLY) reported $0.17 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.17 by $0 with surprise factor of 0%.
Tracking other technical indicators, the 14-day RSI is presently standing at 43.92, the 7-day sits at 42.62, and the 3-day is resting at Valley National Bancorp (NYSE:VLY). In businesses, income can refer to a company's remaining revenues after all expenses and taxes have been paid. During the same quarter in the prior year, the firm posted $0.19 earnings per share. The business's revenue was up 1.3% compared to the same quarter last year. analysts anticipate that Valley National Bancorp will post 0.89 EPS for the current fiscal year. The stock of Valley National Bancorp (NYSE:VLY) has "Overweight" rating given on Friday, January 5 by PiperJaffray. Royal Bank of Canada assumed coverage on shares of Valley National Bancorp in a report on Thursday, December 21st. Piper Jaffray reissued a "buy" rating and set a $14.00 price objective on shares of Valley National Bancorp in a report on Monday, January 29th. Finally, Keefe, Bruyette & Woods reiterated a "buy" rating and issued a $15.00 target price on shares of Valley National Bancorp in a research note on Friday, December 22nd. Wall Street is only getting more bullish on the stock, with 5 of analysts who cover VLY having a buy-equivalent rating.
The company's consensus rating on Reuter's scale improved from 1.62 to 1.69 during a month. Similarly, the company has Return on Assets of 0.6 percent, Return on Equity of 6.6 percent and Return on Investment of 22.1 Percent. Following the completion of the transaction, the director now directly owns 41,086 shares of the company's stock, valued at approximately $521,792.20. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Stock traders can use such figures to analyze that the company shows whether the stock is at this time or not in buying and selling side.
A number of hedge funds have recently made changes to their positions in VLY. The stock now provides a dividend yield of 3.63% for the Financial company. Ameriprise Financial Inc. raised its stake in Valley National Bancorp by 57.5% in the 3rd quarter.
Over the past 50 days, Valley National Bancorp stock's -9.76% off of the high and 3.96% removed from the low. A stock with a price that fluctuates wildly, hits new highs and lows or moves erratically is considered highly volatile.
Technical analysts have little regard for the value of a company. At the same time as, it has debt to equity ratio of 1.01 and similar long term debt to equity ratio was 1.01. The stock touched its 52-Week High on Obsolete and 52-Week Low on Obsolete.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 2nd. Investors of record on Thursday, March 15th will be given a dividend of $0.11 per share. In general, and ADX value from 0-25 would represent an absent or weak trend. The ex-dividend date is Wednesday, March 14th.
Valley National Bancorp (NYSE:VLY) has a 14-day Commodity Channel Index (CCI) of -79.9.
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Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, trust, and investment services. The firm operates through Commercial Lending, Consumer Lending, and Investment Management divisions.