Valley National Bancorp (VLY)
NASDAQ: VLY · IEX Real-Time Price · USD
7.88
-0.04 (-0.57%)
May 20, 2024, 2:23 PM EDT - Market open
Valley National Bancorp Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for VLY stock have an average target of 9.06, with a low estimate of 8.00 and a high estimate of 12. The average target predicts an increase of 15.05% from the current stock price of 7.88.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for VLY stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 2 | 2 | 2 | 2 | 3 | 3 |
Hold | 5 | 5 | 5 | 5 | 5 | 4 |
Sell | 1 | 1 | 1 | 2 | 2 | 2 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 8 | 8 | 8 | 9 | 10 | 9 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Wedbush | Wedbush | Hold Maintains $9 → $8 | Hold | Maintains | $9 → $8 | +1.59% | Apr 29, 2024 |
Wedbush | Wedbush | Hold Maintains $9 → $8 | Hold | Maintains | $9 → $8 | +1.59% | Apr 26, 2024 |
RBC Capital | RBC Capital | Buy Maintains $12 → $10 | Buy | Maintains | $12 → $10 | +26.98% | Apr 9, 2024 |
JP Morgan | JP Morgan | Hold Maintains $12 → $9 | Hold | Maintains | $12 → $9 | +14.29% | Apr 4, 2024 |
Citigroup | Citigroup | Hold Maintains $11 → $8.5 | Hold | Maintains | $11 → $8.5 | +7.94% | Mar 13, 2024 |
Financial Forecast
Revenue This Year
1.96B
from 1.84B
Increased by 6.30%
Revenue Next Year
2.16B
from 1.96B
Increased by 10.53%
EPS This Year
0.97
from 0.95
Increased by 2.25%
EPS Next Year
1.20
from 0.97
Increased by 23.70%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 2.1B | 2.3B | 2.4B |
Avg | 2.0B | 2.2B | 2.3B |
Low | 1.9B | 2.0B | 2.2B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 14.3% | 18.8% | 10.6% |
Avg | 6.3% | 10.5% | 6.1% |
Low | 1.5% | 4.7% | 2.8% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 1.10 | 1.33 | 1.77 |
Avg | 0.97 | 1.20 | 1.44 |
Low | 0.75 | 1.10 | 1.24 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 16.1% | 37.3% | 47.7% |
Avg | 2.3% | 23.7% | 19.5% |
Low | -20.6% | 13.0% | 3.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.