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 $10.48, up 0.96% from the previous day, and has increased 6.83% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.32 percentage points. Valley National Bancorp stock is currently +61.98% from its 52-week low of $6.47, and -6.6% from its 52-week high of $11.22.
There are currently 509.37M VLY shares outstanding. The market cap of VLY is $5.34B. In the last 24 hours, 3.22M VLY shares were traded.
How to Buy Valley National Bancorp Stock
Not sure how to invest in Valley National Bancorp stock? Here's how.
- Figure out where to buy Valley National Bancorp stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Valley National Bancorp stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your method of payment and add your details.
- 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 market research website can help you figure out if VLY is a good stock to buy).
- Execute your VLY purchase: Decide if you will purchase VLY shares at the current market price or use a limit order to purchase VLY stock at a given price.
- Monitor your VLY investment: Create a watchlist to get live updates on your investment in Valley National Bancorp shares.
Step 1: Figure out where to buy Valley National Bancorp stock
You need a brokerage account in order to access the NASDAQ market and buy VLY stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal information so you are able to invest in VLY today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open your new brokerage account.
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Step 3: Fund your brokerage account
Now that you have created your account on the best stock trading app, you need to deposit funds:
Watch the walkthrough below to see the process of transferring funds into your investment account.
Step 4: Evaluate Valley National Bancorp stock
Once you have chosen the best place to buy Valley National Bancorp stock, it's absolutely critical to analyze their stock before you invest, so you actually wrap your head around the risk and opportunity.
Valley National Bancorp stock quick numbers
VLY Due Diligence Checks
WallStreetZen was created to help everyday investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on VLY's stock page.
Is VLY stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge VLY's true value.
Using relative valuations methods:
- VLY could be undervalued based on its P/E ratio of 16.9x, relative to Banks - Regional industry P/E ratio of 36.86x
- VLY may be undervalued based on its P/B ratio of 0.77x, relative to Banks - Regional industry P/B ratio of 1.18x
- VLY could be undervalued based on its PEG ratio of 0.99x
You can do additional valuation research on VLY's stock here.
VLY Financial Summary
Signs that VLY is financially healthy:
- Total VLY debt is lower than 5 years ago, relative to shareholder equity.
Signs that VLY is not financially healthy:
- VLY has a relatively high debt to equity ratio of 7.91.
- VLY profit margin has gone down from 30.6% to 19.8% in the past year.
Do analysts think it's a good time to buy Valley National Bancorp stock
Out of 8 Equities analysts who research VLY, the consensus analyst rating on Valley National Bancorp is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
Latest VLY Analyst Upgrades/Downgrades
Manan Gosalia, a top 3% analyst from Morgan Stanley maintains VLY with a hold rating and raises their VLY price target from $9.50 to $10.00, on Sep 30, 2024.
Christopher Mcgratty, a top 14% analyst from Keefe, Bruyette & Woods maintains VLY with a hold rating and raises their VLY price target from $8.00 to $8.50, on Jul 26, 2024.
Steven Duong, a top 25% analyst from RBC Capital maintains VLY with a buy rating and lowers their VLY price target from $9.00 to $8.00, on Jul 9, 2024.
You can dive deeper into what analysts are saying on the Valley National Bancorp stock forecast page.
Metrics for Advanced VLY Traders
How are VLY Revenues/Earnings doing?
Last year, VLY earnings were $317.67M. In the past five year, VLY's earnings have gone up by -9.3% per year. This was slower than the Banks - Regional industry average of 29.2%.
Last year, VLY revenue was $1.61B. In the past 5 year, VLY's revenue has grown by 8.54% per year. This was slower than the Banks - Regional industry average of 15.18%.
Dig into 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 $65,700.00 worth of VLY shares on Jun 14, 2024.
Dig into more about who owns VLY stock here.
Does VLY stock generate passive income?
Valley National Bancorp pays a dividend of 4.2%, compared to the Banks - Regional industry's average dividend yield of 2.81%. If you owned $1,000 worth of VLY stock, you would have been paid $41.98 last year.
Valley National Bancorp dividend payments have not consistently grown over the past decade but have remained stable.
Dig into more analysis about Valley National Bancorp dividend yield and history here.
What do other traders have to say about VLY?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your VLY purchase
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, place a limit order.
Hit the Open Trade button and your broker will place the order.
If you want additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Monitor your VLY investment
Now that you own some VLY stock, you'll want to keep up with your company.
Make a watchlist to see the latest developments about 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:
- Figure out where to buy Valley National Bancorp stock
- Sign up for your brokerage account
- Fund your brokerage account
- Evaluate Valley National Bancorp stock
- Execute your VLY purchase
- Monitor your VLY investment
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get updates on your investment in Valley National Bancorp, hit the button below to create your watchlist.
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