|Bid||0.00 x 900|
|Ask||0.00 x 1800|
|Day's range||12.52 - 13.10|
|52-week range||6.00 - 13.15|
|Beta (5Y monthly)||1.30|
|PE ratio (TTM)||13.66|
|Earnings date||28 Apr 2021 - 03 May 2021|
|Forward dividend & yield||0.44 (3.42%)|
|Ex-dividend date||12 Mar 2021|
|1y target est||12.06|
A combination of high yield and stable outlook should get anyone's attention. The past year of a frothy bull market has pulled attention away from the slow-and-steady dividend payers, but retirees and income investors still need to find lower-risk stocks that will generate cash returns regardless of market performance. Stag Industrial (NYSE: STAG) is a real estate investment trust (REIT) with over 400 properties across numerous U.S. states.
Ladies and gentlemen, thank you for standing by, and welcome to the Valley Fourth Quarter 2020 Earnings Conference Call. Presenting on behalf of Valley today are President and CEO, Ira Robbins; Chief Financial Officer, Mike Hagedorn; and Chief Banking Officer, Tom Iadanza.
Valley National (VLY) delivered earnings and revenue surprises of 3.85% and 1.06%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?