The price of Valley National Bancorp (NASDAQ:VLY) shares last traded on Wall Street fell -0.11% to $9.04.
VLY stock price is now 4.11% away from the 50-day moving average and -1.46% away from the 200-day moving average. The market capitalization of the company currently stands at $5.07B.
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With the price target of $10, Truist recently initiated with Hold rating for Valley National Bancorp (NASDAQ: VLY). On March 24, 2025, Piper Sandler Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock keeping its target price maintained at $11, while ‘JP Morgan’ rates the stock as ‘Overweight’
In other news, EFRAT EYAL, Director bought 196 shares of the company’s stock on May 14 ’25. The stock was bought for $1,795 at an average price of $9.16. Upon completion of the transaction, the Director now directly owns 1,848 shares in the company, valued at $16705.92. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 22 ’25, Former Director MENDELSON AVNER bought 94,363 shares of the business’s stock. A total of $778,168 was incurred on buying the stock at an average price of $8.25. A total of 14.67% of the company’s stock is owned by insiders.
During the past 12 months, Valley National Bancorp has had a low of $6.47 and a high of $11.10. According to the stock market information, the enterprise value for the company is $7617767424, which is based on a 13.17 price-to-earnings ratio, a 0.50 price-to-earnings-growth ratio, and a beta of 1.09. The fifty day moving average price for VLY is $8.6834 and a two-hundred day moving average price translates $9.17365 for the stock.
The latest earnings results from Valley National Bancorp (NASDAQ: VLY) was released for 2025-03-31. The net profit margin was 10.38% and return on equity was 5.48% for VLY. The company reported revenue of $784.75 million for the quarter, compared to $828.66 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.3 percent.
