NASDAQ : VLYPP

Valley National Bancorp — News

$25.01 USD

$0.07 (0.28%)

Volume
5.13K
Average Volume
4.36K
Market Capitalization
$5.38B
P/E Ratio
11.85
Dividend Yield
3.07%
Price Target
Year High
$26.11
Year Low
$24.42
Day High
Day Low
Payout Ratio
$0.40
Current Ratio
$0.17
Source Headline
Time To Shine For CMT Preferreds

The Fed's recent hawkish pivot sharply increased interest rates, negatively impacting most income sectors. CMT preferreds emerge as a compelling sub-sector, offering potential protection against rising long-term rates. Screening CMT preferreds by reset yield and yield-to-call can help identify attractive opportunities.

seekingalpha.com - 2026-07-23 23:40:48

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VLYPP Price Target Summary

Last Month

0 analysts

Last Quarter

0 analysts

Last Year

0 analysts

All Time

0 analysts

VLYPP Recent Analyst Grades

Date Analyst Firm Action Previous Grade New Grade
2024-08-04 Morgan Stanley Upgrade Underweight Equal Weight
2024-07-25 Keefe, Bruyette & Woods Maintain Market Perform Market Perform
2024-07-25 RBC Capital Maintain Outperform Outperform
2024-07-08 RBC Capital Maintain Outperform Outperform
2024-06-26 JP Morgan Maintain Neutral Neutral
2024-06-23 Barclays Maintain Underweight Underweight
2024-05-30 Keefe, Bruyette & Woods Downgrade Outperform Market Perform
2024-05-21 Wedbush Maintain Neutral Neutral
2024-04-28 Wedbush Maintain Neutral Neutral
2024-04-25 Wedbush Maintain Neutral Neutral
2024-04-08 RBC Capital Maintain Outperform Outperform
2024-04-03 JP Morgan Maintain Neutral Neutral
2024-03-12 Citigroup Maintain Neutral Neutral
2024-02-06 Morgan Stanley Maintain Underweight Underweight
2024-01-28 JP Morgan Maintain Neutral Neutral
2024-01-25 Wedbush Maintain Neutral Neutral
2024-01-25 Keefe, Bruyette & Woods Maintain Outperform Outperform
2024-01-04 JP Morgan Maintain Neutral Neutral