In Wednesday’s Wall Street session, Valley National Bancorp (NASDAQ:VLY) shares traded at $8.57, up 1.78% from the previous session.
VLY stock price is now -1.28% away from the 50-day moving average and -7.14% away from the 200-day moving average. The market capitalization of the company currently stands at $4.80B.
With the price target of $10, Jefferies recently initiated with Hold rating for Valley National Bancorp (NASDAQ: VLY). On May 13, 2025, Truist recently initiated its ‘Hold’ rating on the stock quoting a target price of $10, while ‘Piper Sandler’ rates the stock as ‘Overweight’
In other news, ABRAMSON ANDREW B, Former Director bought 10,000 shares of the company’s stock on Jun 11 ’25. The stock was bought for $90,700 at an average price of $9.07. An SEC document containing details of the transaction can be found on the SEC’s website. On May 20 ’25, Former Director PETER BAUM bought 40,844 shares of the business’s stock. A total of $355,343 was incurred on buying the stock at an average price of $8.70. A total of 14.62% of the company’s stock is owned by insiders.
During the past 12 months, Valley National Bancorp has had a low of $6.50 and a high of $11.10. According to the stock market information, the enterprise value for the company is $7354407424, which is based on a 12.48 price-to-earnings ratio, a 0.49 price-to-earnings-growth ratio, and a beta of 1.09. The fifty day moving average price for VLY is $8.6812 and a two-hundred day moving average price translates $9.229 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.
