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How to Buy Valley National Bancorp Stock

Valley National Bancorp

Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, retail, insurance, and wealth management financial services products.

Valley National Bancorp stock last closed at $7.96, up 0.76% from the previous day, and has decreased 14.5% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.29 percentage points. Valley National Bancorp stock is currently +24.67% from its 52-week low of $6.39, and -29.06% from its 52-week high of $11.22.

As of Mar 28, 2024, there are 508.88M shares of VLY outstanding. The market capitalization of VLY is $4.05B. In the past 24 hours, 6.52M VLY shares were traded.

How to Buy Valley National Bancorp Stock

Wondering how to invest in Valley National Bancorp stock? Here's how.
  1. Figure out where to buy Valley National Bancorp stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Valley National Bancorp stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Select your payment method and add your info.
  4. Evaluate Valley National Bancorp stock: The Valley National Bancorp ticker symbol is VLY. Is Valley National Bancorp stock a good investment? Should you buy shares of VLY? How do VLY's underlying business fundamentals look? Do top analysts think Valley National Bancorp is a good buy? Why has VLY's stock price moved recently? (Hint: Our stock analysis website can help you figure out if VLY is a good stock to buy).
  5. Execute your VLY purchase: Decide if you will purchase VLY shares at the current market price or use a limit order to purchase VLY shares at a given price.
  6. Monitor your VLY investment: Create a watchlist to watch your position in Valley National Bancorp stock.

Step 1: Figure out where to buy Valley National Bancorp stock

You need an online brokerage account to access the NASDAQ market and buy VLY stock.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've selected the right brokerage, it's time to fill out some personal details so you are able to buy VLY stock today.

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Step 3: Fund your brokerage account

Now that you've opened your account on the best stock investing app, you can securely and quickly fund your account:

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Step 4: Evaluate Valley National Bancorp stock

After you have decided on the best place to buy Valley National Bancorp stock, it's crucial to research their stock prior to buying, so you truly understand the risk as well as the upside.

Valley National Bancorp Metrics

VLY Price
$7.96
1w %
-1.12%
1y %
-14.5%
5y %
-18.11%
P/E
8.38x
P/B
0.6x
P/S
2.19x
PEG
0.2x
Revenue
$1.84B
Earnings
$482.38M
Fore. Rev. Growth
5.79%
Fore. Earn. Growth
50.53%
Market Cap
$4.05B
Next Earnings
Apr 25, 2024
Next Dividend
Apr 2, 2024

Valley National Bancorp Fundamentals

WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on VLY's stock page.

Is VLY stock undervalued?

Analysts use many financial metrics, analyses, models, and charts to gauge VLY's fair value.

Using relative valuations metrics:

  • VLY may be undervalued based on its P/E ratio of 8.38x, relative to Banks - Regional industry P/E ratio of -10.33x
  • VLY could be undervalued based on its P/B ratio of 0.6x, relative to Banks - Regional industry P/B ratio of 1.02x
  • VLY may be undervalued based on its PEG ratio of 0.2x

You can access more valuation analysis on VLY's stock here.

VLY Financials at a glance

Signs that VLY is financially healthy:

  • Total VLY debt is lower than 5 years ago, relative to shareholder equity.
  • VLY earnings of $678.33M is not sufficient to cover its interest payments.

Signs that VLY is not financially healthy:

  • VLY's operating cash flow of $378.19M allows it to safely service it's debt of $3.71B.
  • VLY has a relatively high debt to equity ratio of 8.09.
  • VLY profit margin has gone down from 30.8% to 26.2% in the past year.

Is VLY stock a Buy, Hold, or Sell, according to analysts?

Out of 7 sell side analysts who track VLY, the consensus analyst rating on VLY is a Sell

It's important to note that analyst forecasts are not recommendations, nor are they financial advice.

Most Recent VLY Analyst Forecasts

Matt Breese, a bottom 22% analyst from Piper Sandler maintains VLY with a hold rating and lowers their VLY price target from $9.00 to $8.00, on Oct 30, 2023.

Steven Alexopoulos, a bottom 3% analyst from JP Morgan downgrades VLY to a hold rating and lowers their VLY price target from $11.00 to $10.00, on Oct 30, 2023.

You can dig deeper into what analysts are projecting on the Valley National Bancorp stock forecast page.

VLY Technical Indicators

SMA10
7.73
SMA20
7.83
SMA50
8.58
SMA100
9.16
SMA200
8.92
MACD
-0.19
MACD Signal
-0.27
MACD Histogram
0.07
RSI
48.51
Stochastic %K
47.17
Stochastic %D
42.54
StochRSI %K
79.25
StochRSI %D
68.06

VLY Performance Numbers

Last year, VLY earnings were $482.38M. Over the past 5 year, VLY's earnings have gone up by 4.84% per year. This was slower than the Banks - Regional industry average of 15.56%.

Last year, VLY revenue was $1.84B. In the past 5 year, VLY's revenue has increased by 13.94% per year. This was faster than the Banks - Regional industry average of 7.23%.

You can analyze VLY's earnings and revenue performance here.

Latest Insiders Trades at VLY

Over the last year, executives and large shareholders at VLY have bought more shares than they have sold.

Joseph Chillura, SEVP CML Banking President of VLY, was the latest VLY insider to sell. They sold $406,668.70 worth of VLY shares on Mar 11, 2024.

Research more about who owns VLY stock here.

Can I rely on VLY as an income stream?

Valley National Bancorp pays a dividend of 5.53%, compared to the Banks - Regional industry's average dividend yield of 3.68%. If you owned $1,000 worth of VLY stock, you would have been paid $55.28 in the past 12 months.

Valley National Bancorp dividend payments have not consistently grown over the past decade but have remained stable.

Find more analysis about Valley National Bancorp dividend yield and history here.

What do other investors have to say about VLY?

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Step 5: Execute your VLY purchase

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price, use a limit order.

Press the Open button and eToro will place your order.

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Step 6: Monitor your VLY investment

Now that you own some VLY stock, you'll want to stay up-to-date on your company.

Start a watchlist to monitor your VLY stock.

VLY Feed

How to Buy Stock in Valley National Bancorp

To summarize, here are the 6 steps to buy Valley National Bancorp stock:

  1. Figure out where to buy Valley National Bancorp stock
  2. Sign up for your brokerage account
  3. Fund your brokerage account
  4. Evaluate Valley National Bancorp stock
  5. Execute your VLY purchase
  6. Monitor your VLY investment

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If you want to keep track of your new investment in Valley National Bancorp, get started below.

NASDAQ: VLY
$7.96+0.06 (+0.76%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: VLY
$7.96+0.06 (+0.76%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Valley National Bancorp share?

As of Mar 28, 2024, it costs $7.96 to buy one share of Valley National Bancorp stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.377 shares of VLY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Valley National Bancorp stock?

According to 7 Wall Street analysts who monitor Valley National Bancorp, their consensus recommendation is to sell Valley National Bancorp stock.

What is the best way to buy Valley National Bancorp stock?

One way to place an order for Valley National Bancorp stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.