Dividend Diamond in Focus Valley National Bancorp (NYSE:VLY)


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.

COPYRIGHT VIOLATION WARNING: This news story was originally posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this piece of content on another site, it was illegally copied and reposted in violation of United States and worldwide copyright & trademark law.

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.



Related Posts

Price to Earnings Ratio in Focus: Hewlett Packard Enterprise Company (HPE)
Why is EPS essential to watch? This is an increase from Hewlett Packard Enterprise's previous quarterly dividend of $0.08. ANALYSTS VIEWS: The current analyst consensus rating clocked at 2.6 on company shares based on data provided from FINVIZ.

Anthony Rizzo: Remains out Monday
By putting Rizzo on the DL now, the Cubs can make a corresponding move before Tuesday's game and be at full strength. Get prep sports breaking news alerts from the Gwinnett Daily Post staff delivered to your email.

Mesmerizing Stock: Cloudera, Inc. (NYSE:CLDR)
Moving averages can help smooth out these erratic movements by removing day-to-day fluctuations and make trends easier to spot. Financial specialists have a propensity for following stock value levels in connection to their 52-week high and low levels.

India spinner Axar Patel to play for Durham in upcoming County season
Axar will play the last six Championship matches for Durham , with the first one due on August 19 against Glamorgan in Cardiff. In those games, Axar has bagged 79 wickets at 30.38 while accumulating over a thousand runs at a brilliant average of 48.46.

Thousands cited for slow left-lane driving in Virginia under new law
The station reports that from July 1, 2017, through April 3, more than 16,000 people were cited under various portions of the law. Of those, more than 623 paid the fine, 332 were found guilty in court, and 309 were found guilty for not showing up to court.

Rhumbline Advisers Sells 2734 Shares of Acadia Pharmaceuticals (NASDAQ:ACAD)
The firm has "Buy" rating by Jefferies given on Monday, September 4. 25,000 shares were sold by Brege Laura, worth $751,543. In this case performance of tends to percentage rate of return for a stock for a given time frame. ( NASDAQ : ACAD ).

Brokerages Expect Codexis (CDXS) to Post -$0.07 Earnings Per Share
Earnings per share are generally pondered to be the single most essential variable in determining a share's price. (NASDAQ:CDXS). Company has conspicuous measure of stock oscillations; average true range may be heating up this temperature with value of 0.78.

Trump's lawyers contacted Panama's president amid hotel management dispute
Then, though, Fintiklis simply showed up at the hotel in February, seeking to fire the Trump Organization in person. Workers immediately scrubbed Trump's signage from the hotel and renamed it The Bahia Grand Panama.

Girls jump to flee fire at New Jersey dance studio
Firefighters from several Bergen County towns responded and battled the fire through the evening. The children started to climb over the railing, but realized quickly the ladders were too short.

Valuable Analysts Trends to Observe: Lloyds Banking Group plc (LYG)
This volatility expressed as a percentage coefficient within option-pricing formulas, arises from daily trading activities. Current volume in a stock, relative to prior volume, shows if interest is higher or lower in a stock than it was before.

© 2015 ExpressNewsline. All Rights reserved.