Valley National Bancorp (NASDAQ:VLY) Given New $17.00 Price Target at Morgan Stanley

Valley National Bancorp (NASDAQ:VLY) had its target price hoisted by Morgan Stanley from $16.00 to $17.00 in a research report issued on Friday, Benzinga reports. The firm currently has an “equal weight” rating on the stock. Morgan Stanley‘s price target indicates a potential upside of 20.61% from the company’s previous close.

A number of other analysts also recently commented on the company. Cantor Fitzgerald raised their price objective on Valley National Bancorp from $16.00 to $17.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. JPMorgan Chase & Co. lifted their price objective on Valley National Bancorp from $15.50 to $16.00 and gave the stock an “overweight” rating in a report on Friday. Piper Sandler boosted their price objective on Valley National Bancorp from $16.00 to $16.50 and gave the company an “overweight” rating in a research report on Friday, June 26th. Barclays upped their target price on Valley National Bancorp from $14.00 to $15.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. Finally, National Bank Financial set a $15.50 target price on Valley National Bancorp in a research report on Thursday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Valley National Bancorp currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.31.

Valley National Bancorp Stock Performance

Shares of VLY traded up $0.28 during trading hours on Friday, reaching $14.10. 4,541,605 shares of the company traded hands, compared to its average volume of 7,127,888. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.96 and a current ratio of 0.96. The stock’s fifty day moving average is $13.44 and its 200 day moving average is $13.79. Valley National Bancorp has a 1-year low of $10.34 and a 1-year high of $15.20. The stock has a market cap of $7.79 billion, a P/E ratio of 11.94 and a beta of 1.07.

Valley National Bancorp (NASDAQ:VLY) last released its earnings results on Thursday, October 22nd. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.03. Valley National Bancorp had a return on equity of 9.13% and a net margin of 19.49%. The business had revenue of $581.10 million for the quarter, compared to the consensus estimate of $577.82 million. During the same period last year, the business earned $0.28 earnings per share. Equities research analysts anticipate that Valley National Bancorp will post 1.27 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Valley National Bancorp

A number of institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in shares of Valley National Bancorp in the 2nd quarter valued at approximately $1,079,026,000. Wellington Management Group LLP raised its holdings in shares of Valley National Bancorp by 29.5% in the 2nd quarter. Wellington Management Group LLP now owns 20,091,604 shares of the company’s stock worth $294,342,000 after buying an additional 4,576,448 shares in the last quarter. Azora Capital LP bought a new position in shares of Valley National Bancorp during the 2nd quarter worth approximately $150,121,000. Freestone Grove Partners LP bought a new position in shares of Valley National Bancorp during the 2nd quarter worth approximately $88,872,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Valley National Bancorp during the 2nd quarter worth approximately $68,276,000. 61.00% of the stock is owned by institutional investors and hedge funds.

Valley National Bancorp News Summary

Here are the key news stories impacting Valley National Bancorp this week:

• Positive Sentiment: Valley National reported third-quarter net income of $206.3 million, or $0.36 per diluted share, up from $0.29 in the second quarter and $0.28 a year earlier. EPS exceeded the consensus estimate of $0.33. Valley National Bancorp Announces Third Quarter 2026 Results
• Positive Sentiment: Revenue reached approximately $581.1 million, topping the $577.8 million analyst forecast. Reports described the quarter as delivering roughly 14% year-over-year revenue growth, supporting expectations for improving operating momentum. Valley National Bancorp Delivers 14% Revenue Growth in Q3 2026
• Positive Sentiment: The bank reported a 9.13% return on equity and a 19.49% net margin. Adjusted net income was $206.4 million, indicating that the strong quarter was not materially dependent on unusual items. Valley National Bancorp Reports Record Third-Quarter Profitability
• Positive Sentiment: Valley National also announced its regular quarterly cash dividend, payable January 4, 2027, reinforcing the stock’s income appeal. Valley National Announces Quarterly Cash Dividend
• Neutral Sentiment: The earnings-call transcript and presentation provided additional management commentary and quarterly details, but the reports supplied no major negative surprise or new risk that offset the earnings beat. Valley National Q3 2026 Earnings Call Transcript

Valley National Bancorp Company Profile

Valley National Bancorp is the bank holding company for Valley National Bank, a full-service regional bank headquartered in Wayne, New Jersey. The company provides banking and financial services to individuals, businesses, nonprofit organizations and government entities through a network of branches and digital banking channels.

Valley National Bank offers deposit accounts, residential and commercial real estate lending, business loans, consumer loans, mortgage banking, treasury management and other commercial banking services.