NASDAQ:CNOB - ConnectOne Bancorp Stock Price, News, & Analysis

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$20.12 -0.16 (-0.79 %)
(As of 01/23/2019 04:00 PM ET)
Previous Close$20.28
Today's Range$19.98 - $20.55
52-Week Range$17.07 - $31.40
Volume68,100 shs
Average Volume174,380 shs
Market Capitalization$648.67 million
P/E Ratio11.63
Dividend Yield1.46%
Beta0.86
ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank, a state chartered bank that provides various commercial banking products and services. The company offers a range of deposit products, including personal and business checking accounts, retirement accounts, money market accounts, time and savings accounts, and NOW accounts. It also provides personal and commercial business loans on a secured and unsecured basis; revolving lines of credit; commercial mortgage loans; residential mortgages on primary and secondary residences; home equity loans; bridge loans; and other personal purpose loans. In addition, the company offers insurance and annuities, and mutual funds; credit cards, wire transfers, and safe deposit boxes; access to automated teller services; and Internet banking, treasury direct, ACH origination, lockbox, mobile banking, and remote deposit capture banking services. As of October 17, 2018, it operated through its headquarters in New Jersey; and 21 other banking offices across New Jersey and New York. ConnectOne Bancorp, Inc. serves small-to-medium sized businesses, high net worth individuals, professional practices, and consumer and retail customers. 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.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:CNOB
CUSIPN/A
Phone201-816-8900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$189.53 million
Cash Flow$1.8561 per share
Book Value$17.63 per share

Profitability

Net Income$43.22 million

Miscellaneous

EmployeesN/A
Market Cap$648.67 million
OptionableOptionable

ConnectOne Bancorp (NASDAQ:CNOB) Frequently Asked Questions

What is ConnectOne Bancorp's stock symbol?

ConnectOne Bancorp trades on the NASDAQ under the ticker symbol "CNOB."

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

ConnectOne Bancorp declared a quarterly dividend on Wednesday, December 19th. Investors of record on Monday, January 14th will be paid a dividend of $0.075 per share on Friday, February 1st. This represents a $0.30 annualized dividend and a yield of 1.49%. The ex-dividend date of this dividend is Friday, January 11th. View ConnectOne Bancorp's Dividend History.

How were ConnectOne Bancorp's earnings last quarter?

ConnectOne Bancorp Inc (NASDAQ:CNOB) released its earnings results on Thursday, October, 25th. The financial services provider reported $0.57 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.55 by $0.02. The financial services provider earned $41.39 million during the quarter, compared to analysts' expectations of $41.52 million. ConnectOne Bancorp had a net margin of 24.26% and a return on equity of 12.07%. View ConnectOne Bancorp's Earnings History.

When is ConnectOne Bancorp's next earnings date?

ConnectOne Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, January 24th 2019. View Earnings Estimates for ConnectOne Bancorp.

What price target have analysts set for CNOB?

2 Wall Street analysts have issued 12 month price targets for ConnectOne Bancorp's shares. Their forecasts range from $34.00 to $36.00. On average, they expect ConnectOne Bancorp's stock price to reach $35.00 in the next twelve months. This suggests a possible upside of 74.0% from the stock's current price. View Analyst Price Targets for ConnectOne Bancorp.

What is the consensus analysts' recommendation for ConnectOne Bancorp?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ConnectOne Bancorp in the last year. There are currently 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Strong Buy." View Analyst Ratings for ConnectOne Bancorp.

Has ConnectOne Bancorp been receiving favorable news coverage?

Press coverage about CNOB stock has been trending negative recently, according to InfoTrie. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. ConnectOne Bancorp earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the next few days.

Who are some of ConnectOne Bancorp's key competitors?

Who are ConnectOne Bancorp's key executives?

ConnectOne Bancorp's management team includes the folowing people:
  • Mr. Frank S. Sorrentino III, Chairman, Pres & CEO (Age 57)
  • Mr. William S. Burns, Exec. VP & CFO (Age 59)
  • Mr. Christopher J. Ewing, Exec. VP & COO (Age 59)
  • Mr. Michael J. McGrover, First Sr. VP & Chief Credit Officer
  • Ms. Elizabeth Magennis, Exec. VP & Chief Lending Officer (Age 49)

Who are ConnectOne Bancorp's major shareholders?

ConnectOne Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (1.15%), Hennessy Advisors Inc. (0.88%), Corrado Advisors LLC (0.12%), Strs Ohio (0.11%), FNY Investment Advisers LLC (0.02%) and Bank of Montreal Can (0.01%). Company insiders that own ConnectOne Bancorp stock include Christopher J Ewing, Elizabeth Magennis, Frank Huttle III, Frank Sorrentino III, Frank W Baier, Katherin Nukk-Freeman, Laura Criscione, Michael W Kempner, Nicholas Minoia, Stephen T Boswell, William S Burns and William Thompson. View Institutional Ownership Trends for ConnectOne Bancorp.

Which major investors are selling ConnectOne Bancorp stock?

CNOB stock was sold by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC, Bank of Montreal Can and Corrado Advisors LLC. Company insiders that have sold ConnectOne Bancorp company stock in the last year include Christopher J Ewing, Elizabeth Magennis, Frank Huttle III, Frank Sorrentino III, Laura Criscione, Michael W Kempner, William S Burns and William Thompson. View Insider Buying and Selling for ConnectOne Bancorp.

Which major investors are buying ConnectOne Bancorp stock?

CNOB stock was acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Hennessy Advisors Inc. and Strs Ohio. Company insiders that have bought ConnectOne Bancorp stock in the last two years include Frank W Baier, Katherin Nukk-Freeman, Nicholas Minoia and Stephen T Boswell. View Insider Buying and Selling for ConnectOne Bancorp.

How do I buy shares of ConnectOne Bancorp?

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

What is ConnectOne Bancorp's stock price today?

One share of CNOB stock can currently be purchased for approximately $20.12.

How big of a company is ConnectOne Bancorp?

ConnectOne Bancorp has a market capitalization of $648.67 million and generates $189.53 million in revenue each year. The financial services provider earns $43.22 million in net income (profit) each year or $1.75 on an earnings per share basis.

What is ConnectOne Bancorp's official website?

The official website for ConnectOne Bancorp is http://www.connectonebank.com.

How can I contact ConnectOne Bancorp?

ConnectOne Bancorp's mailing address is 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ, 07632. The financial services provider can be reached via phone at 201-816-8900 or via email at [email protected]


MarketBeat Community Rating for ConnectOne Bancorp (NASDAQ CNOB)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  149 (Vote Outperform)
Underperform Votes:  189 (Vote Underperform)
Total Votes:  338
MarketBeat's community ratings are surveys of what our community members think about ConnectOne Bancorp and other stocks. Vote "Outperform" if you believe CNOB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CNOB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/23/2019 by MarketBeat.com Staff

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