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

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$21.72 -0.05 (-0.23 %)
(As of 10/19/2018 11:01 AM ET)
Previous Close$21.77
Today's Range$21.72 - $22.01
52-Week Range$21.68 - $31.40
Volume694 shs
Average Volume121,815 shs
Market Capitalization$710.64 million
P/E Ratio12.47
Dividend Yield1.36%
Beta0.84
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. It operates through seven banking offices in Bergen County, nine banking offices in Union County, three banking offices in Morris County, one office in Newark in Essex County, one office in West New York in Hudson County, one office in Princeton in Mercer County, and one office in Holmdel in Monmouth County, New Jersey, as well as a branch office in the borough of Manhattan in New York City. 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

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

Debt

Debt-to-Equity Ratio1.31
Current Ratio1.16
Quick Ratio1.16

Price-To-Earnings

Trailing P/E Ratio12.47
Forward P/E Ratio9.96
P/E GrowthN/A

Sales & Book Value

Annual Sales$189.53 million
Price / Sales3.69
Cash Flow$1.8644 per share
Price / Cash11.65
Book Value$17.63 per share
Price / Book1.23

Profitability

EPS (Most Recent Fiscal Year)$1.75
Net Income$43.22 million
Net Margins21.98%
Return on Equity11.63%
Return on Assets1.29%

Miscellaneous

EmployeesN/A
Outstanding Shares32,190,000
Market Cap$710.64 million

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 announced a quarterly dividend on Wednesday, September 26th. Stockholders of record on Monday, October 15th will be given a dividend of $0.075 per share on Thursday, November 1st. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date is Friday, October 12th. View ConnectOne Bancorp's Dividend History.

How were ConnectOne Bancorp's earnings last quarter?

ConnectOne Bancorp Inc (NASDAQ:CNOB) posted its earnings results on Thursday, July, 26th. The financial services provider reported $0.54 EPS for the quarter, beating the Zacks' consensus estimate of $0.53 by $0.01. The financial services provider had revenue of $40.33 million for the quarter, compared to analysts' expectations of $40.36 million. ConnectOne Bancorp had a return on equity of 11.63% and a net margin of 21.98%. 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, October 25th 2018. View Earnings Estimates for ConnectOne Bancorp.

What price target have analysts set for CNOB?

3 brokerages have issued 12-month target prices for ConnectOne Bancorp's shares. Their predictions range from $30.50 to $36.00. On average, they expect ConnectOne Bancorp's stock price to reach $33.50 in the next twelve months. This suggests a possible upside of 53.8% from the stock's current price. View Analyst Price Targets for ConnectOne Bancorp.

What is the consensus analysts' recommendation for ConnectOne Bancorp?

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

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 56)
  • Mr. William S. Burns, Exec. VP & CFO (Age 58)
  • Mr. Christopher J. Ewing, Exec. VP & COO (Age 58)
  • Mr. Michael J. McGrover, First Sr. VP & Chief Credit Officer
  • Ms. Elizabeth Magennis, Exec. VP & Chief Lending Officer (Age 48)

Who are ConnectOne Bancorp's major shareholders?

ConnectOne Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Hennessy Advisors Inc. (0.81%) and Peregrine Capital Management LLC (0.68%). Company insiders that own ConnectOne Bancorp stock include Christopher J Ewing, Elizabeth Magennis, Frank Sorrentino III, Frank W Baier, Laura Criscione, Michael W Kempner, Nicholas Minoia, 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 Hennessy Advisors Inc. and Peregrine Capital Management LLC. Company insiders that have sold ConnectOne Bancorp company stock in the last year include Christopher J Ewing, Elizabeth Magennis, Frank Sorrentino III, Laura Criscione, William S Burns and William Thompson. 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 $21.78.

How big of a company is ConnectOne Bancorp?

ConnectOne Bancorp has a market capitalization of $710.64 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:  140 (Vote Outperform)
Underperform Votes:  173 (Vote Underperform)
Total Votes:  313
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 10/19/2018 by MarketBeat.com Staff

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