The Thing About Valley National Bancorp (VLY) Growth

KORDE GERALD, Director, subtracted 3,100 shares of Valley National Bancorp (VLY) from its portfolio at the rate of $10.19 per share valuing $31,589 on Mar 14. The insider left behind 887,252 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Valley National Bancorp (VLY) was $10.35. Currently, the 1st Resistance Point for this stock is $10.44, with a 2nd Resistance Point sitting at $10.53. Meanwhile, this company’s stock has a 1st Support Level at $10.27 and a 2nd Support Level at $10.19. Valley National Bancorp (VLY) stock has gained $0.12, or 1.17%, in the past five days. In the last full month, these shares have gained $0.21, or 2.07%. In the past three months, this stock’s price has risen by $0.04, or 0.39%. This year-to-date, Valley National Bancorp (VLY) shares have gained $1.47, or 16.55%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Valley National Bancorp (VLY) stock, 40% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 0% of long-term indicators suggest that this stock is a “ Hold .”

With 331,748 K shares outstanding, this company currently has a market capitalization of $3,470,084K. Valley National Bancorp (VLY) generates $1,293 M in annual sales, amounting to annual net income of $261,430 K. This stock has generated a 1-Year Total Return of -18.89%, a 3-Year Total Return of 15.13%, and a 5-year Total Return of 3.29%. This stock’s 5-Year Dividend Growth is -26.67%, with its most recent dividend valued at $0.110 per share on 06/13/19. Its Annual Dividend Yield is 4.22%, and its Annual Dividend Rate is 0.44.

In the most recently-reported fiscal quarter, which ended in Mar-19, Valley National Bancorp (VLY) reported earnings of $0.22 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.22 per share, representing a 0 difference and 1.48% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.21 represented a -0.01 difference from the consensus estimate calling for $0.22 per share, which was a 6.25% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.23 per share. This estimate came from a total of 4 Wall Street Analysts. Of those market experts, the high estimate was $0.24 and the low estimate was $0.23. In the year-ago quarter, Valley National Bancorp (VLY) generated per-share earnings of $0.22. If the analysts are correct about the current quarter’s earnings, the growth will be +4.55% .

Turning our focus now to insider trading activity, there have been 10 purchases (57,750 shares in total) and 0 sale (0 shares in total) in the last 3 months. In the last 6 months, there have been 30 insider buys amounting to 520,646 shares and 38 insider sales amounting to 184,495 shares. In the past full year, 31 insider purchases were made (involving 530,646 shares) and 43 insider sell-offs equivalent to 197,362 shares.

Moving onto liquidity, Valley National Bancorp (VLY) has a Current Ratio of 0.03. Looking at this company’s capital structure, its Total Debt to Total Equity is 114.27, its Total Debt to Total Capital is 53.33, and its Total Debt to Total Assets is now 11.99. Looking even further ahead into the future, its Long-Term Debt to Equity is 54.43 and its Long-Term Debt to Total Capital is 23.81.