S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
NASDAQ:CNOB

ConnectOne Bancorp (CNOB) Stock Price, News & Analysis

$17.87
+0.01 (+0.06%)
(As of 04/15/2024 ET)
Today's Range
$17.61
$18.15
50-Day Range
$17.86
$21.21
52-Week Range
$13.11
$24.44
Volume
129,299 shs
Average Volume
177,824 shs
Market Capitalization
$684.96 million
P/E Ratio
8.63
Dividend Yield
3.81%
Price Target
$25.25

ConnectOne Bancorp MarketRank™ Stock Analysis

Analyst Rating
Buy
3.25 Rating Score
Upside/​Downside
41.3% Upside
$25.25 Price Target
Short Interest
Bearish
3.75% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.76
Upright™ Environmental Score
News Sentiment
0.49mentions of ConnectOne Bancorp in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
25.00%
From $1.76 to $2.20 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.91 out of 5 stars

Finance Sector

37th out of 873 stocks

State Commercial Banks Industry

12th out of 178 stocks

CNOB stock logo

About ConnectOne Bancorp Stock (NASDAQ:CNOB)

ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the New York Metropolitan area and South Florida market. The company offers personal and business checking, money market, and time and savings accounts; credit cards, wire transfers, safe deposit boxes, automated teller services and telephone, and internet and mobile banking. It provides retirement accounts, consumers and cash management services for business clients, including treasury direct, automated clearing house, remote deposit capture, and digital invoicing. In addition, the company offers consumer and commercial business loans, including lines of credit, commercial and residential mortgages, home equity and bridge loans, and other personal loans; commercial loans secured by collateral, such as business assets comprising accounts receivable, inventory and equipment, and mortgages filed on commercial and residential real estate, as well as cash balances and marketable securities. Further, it provides real estate loans, which includes loans secured by first liens on completed commercial properties, including multi-family properties, to purchase or refinance properties; residential mortgages, such as loans secured by first liens on 1-4 family and condominium; and cooperative residential real estate loans. The company was formerly known as Center Bancorp, Inc. and changed its name to ConnectOne Bancorp, Inc. in July 2014. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey.

CNOB Stock Price History

CNOB Stock News Headlines

“Forget Tesla, this is Elon’s Next Big Thing”
According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.
DPST: Regional Banks Teeter As NYCB Gets Junk Rating
“Forget Tesla, this is Elon’s Next Big Thing”
According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.
Q4 2023 ConnectOne Bancorp Inc Earnings Call
Here's what to expect from ConnectOne Bancorp's earnings report
ConnectOne Bancorp Inc.
See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Ex-Dividend for 3/1 Dividend
2/14/2024
Dividend Payable
3/01/2024
Today
4/15/2024
Next Earnings (Confirmed)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:CNOB
Employees
487
Year Founded
2005

Price Target and Rating

Average Stock Price Target
$25.25
High Stock Price Target
$28.00
Low Stock Price Target
$21.00
Potential Upside/Downside
+41.3%
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

Profitability

Net Income
$87 million
Pretax Margin
23.20%

Debt

Sales & Book Value

Annual Sales
$504.07 million
Cash Flow
$2.45 per share
Book Value
$28.64 per share

Miscellaneous

Free Float
35,811,000
Market Cap
$684.96 million
Optionable
Optionable
Beta
1.25

Social Links

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Key Executives

  • Mr. Frank S. Sorrentino IIIMr. Frank S. Sorrentino III (Age 62)
    Chairman, President & CEO
    Comp: $2.08M
  • Mr. William S. Burns (Age 64)
    Senior EVP & CFO
    Comp: $913.29k
  • Mr. Michael O'Malley
    Executive VP & Chief Risk Officer
  • Ms. Elizabeth Magennis (Age 54)
    President of ConnectOne Bank & Director
    Comp: $976.18k
  • Ms. Laura Criscione (Age 55)
    Executive VP, Corporate Secretary & Chief Compliance Officer
    Comp: $498.43k
  • Ms. Siya Vansia
    Senior VP & Chief Brand & Innovation Officer
  • Mr. Michael Rozman
    President of BoeFly Division
  • Mr. Joseph T. Javitz (Age 66)
    First Senior VP & Chief Credit Officer
  • Ms. Dana Zeller
    Chief Strategic Operations Officer
  • Ms. Ali M. Mattera
    Chief Digital Officer

CNOB Stock Analysis - Frequently Asked Questions

Should I buy or sell ConnectOne Bancorp stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ConnectOne Bancorp in the last twelve months. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CNOB shares.
View CNOB analyst ratings
or view top-rated stocks.

What is ConnectOne Bancorp's stock price target for 2024?

4 equities research analysts have issued 12-month target prices for ConnectOne Bancorp's stock. Their CNOB share price targets range from $21.00 to $28.00. On average, they predict the company's share price to reach $25.25 in the next twelve months. This suggests a possible upside of 41.3% from the stock's current price.
View analysts price targets for CNOB
or view top-rated stocks among Wall Street analysts.

How have CNOB shares performed in 2024?

ConnectOne Bancorp's stock was trading at $22.91 at the beginning of the year. Since then, CNOB stock has decreased by 22.0% and is now trading at $17.87.
View the best growth stocks for 2024 here
.

Are investors shorting ConnectOne Bancorp?

ConnectOne Bancorp saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,340,000 shares, an increase of 5.5% from the March 15th total of 1,270,000 shares. Based on an average trading volume of 182,800 shares, the days-to-cover ratio is currently 7.3 days. Currently, 3.8% of the shares of the company are short sold.
View ConnectOne Bancorp's Short Interest
.

When is ConnectOne Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our CNOB earnings forecast
.

How can I listen to ConnectOne Bancorp's earnings call?

ConnectOne Bancorp will be holding an earnings conference call on Thursday, April 25th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "6725677".

How were ConnectOne Bancorp's earnings last quarter?

ConnectOne Bancorp, Inc. (NASDAQ:CNOB) posted its quarterly earnings results on Thursday, January, 25th. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.03. The financial services provider had revenue of $66.03 million for the quarter, compared to analyst estimates of $65.50 million. ConnectOne Bancorp had a trailing twelve-month return on equity of 8.14% and a net margin of 17.26%.

How often does ConnectOne Bancorp pay dividends? What is the dividend yield for ConnectOne Bancorp?

ConnectOne Bancorp declared a quarterly dividend on Thursday, January 25th. Shareholders of record on Thursday, February 15th will be paid a dividend of $0.17 per share on Friday, March 1st. This represents a $0.68 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date is Wednesday, February 14th.
Read our dividend analysis for CNOB
.

Is ConnectOne Bancorp a good dividend stock?

ConnectOne Bancorp (NASDAQ:CNOB) pays an annual dividend of $0.68 per share and currently has a dividend yield of 3.81%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 32.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNOB will have a dividend payout ratio of 30.91% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CNOB.

What is Frank Sorrentino's approval rating as ConnectOne Bancorp's CEO?

45 employees have rated ConnectOne Bancorp Chief Executive Officer Frank Sorrentino on Glassdoor.com. Frank Sorrentino has an approval rating of 91% among the company's employees. This puts Frank Sorrentino in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of ConnectOne Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ConnectOne Bancorp investors own include Exxon Mobil (XOM), AbbVie (ABBV), Frontline (FRO), Altria Group (MO), Pfizer (PFE), AT&T (T), Delta Air Lines (DAL), Eastman Chemical (EMN), Energy Transfer (ET) and Netflix (NFLX).

How do I buy shares of ConnectOne Bancorp?

Shares of CNOB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CNOB) was last updated on 4/16/2024 by MarketBeat.com Staff

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