Valley National Bancorp (NASDAQ: VLY) is -7.06% lower on its value in year-to-date trading and has touched a low of $6.47 and a high of $11.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VLY stock was last observed hovering at around $8.63 in the last trading session, with the day’s loss setting it -0.21%.
Currently trading at $8.42, the stock is -4.02% and -2.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.43 million and changing -2.43% at the moment leaves the stock -8.77% off its SMA200. VLY registered 25.86% gain for a year compared to 6-month loss of -17.53%.
The stock witnessed a -8.08% gain in the last 1 month and extending the period to 3 months gives it a -5.18%, and is -7.37% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.46% over the week and 2.02% over the month.
Valley National Bancorp (VLY) has around 3732 employees, a market worth around $4.72B and $3.52B in sales. Current P/E ratio is 12.27 and Fwd P/E is 7.37. Profit margin for the company is 10.38%. Distance from 52-week low is 30.14% and -24.11% from its 52-week high. The company has generated returns on investments over the last 12 months (3.37%).
The EPS is expected to grow by 49.45% this year.
Valley National Bancorp (VLY) Top Institutional Holders
The shares outstanding are 560.03M, and float is at 478.44M with Short Float at 6.05%.
The top institutional shareholder in the company is BLACKROCK INC. with over 71.14 million shares valued at $496.55 million. The investor’s holdings represent 13.9723% of the VLY Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 45.55 million shares valued at $317.93 million to account for 8.9463 of the shares outstanding. The other top investors are STATE STREET CORP which holds 26.54 million shares representing 5.2134% and valued at over $187.85 million, while DIMENSIONAL FUND ADVISORS LP holds 5.0522 of the shares totaling 25.72 million with a market value of $179.54 million.
Valley National Bancorp (VLY) Insider Activity
Still, SEC filings show that on May 14 ’25, EFRAT EYAL (Director) acquired 196 shares at an average price of $9.16 for $1795.0. The insider now directly holds 1,848 shares of Valley National Bancorp (VLY).
