ConnectOne Bancorp Stock Forecast, Price & News

3 Wall Street equities research 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. The consensus among Wall Street equities research analysts is that investors should "buy" ConnectOne Bancorp stock.
View analyst ratings for ConnectOne Bancorp or view top-rated stocks.

Wall Street analysts have given ConnectOne Bancorp a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but ConnectOne Bancorp wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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ConnectOne Bancorp saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 531,200 shares, an increase of 21.4% from the August 15th total of 437,400 shares. Based on an average daily trading volume, of 133,500 shares, the days-to-cover ratio is currently 4.0 days. Approximately 1.5% of the shares of the stock are short sold.
View ConnectOne Bancorp's Short Interest.

ConnectOne Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for ConnectOne Bancorp.

ConnectOne Bancorp, Inc. (NASDAQ:CNOB) announced its quarterly earnings results on Wednesday, July, 28th. The financial services provider reported $0.81 EPS for the quarter, topping the consensus estimate of $0.71 by $0.10. The financial services provider earned $67.48 million during the quarter, compared to analyst estimates of $64.79 million. ConnectOne Bancorp had a net margin of 36.91% and a trailing twelve-month return on equity of 12.48%.
View ConnectOne Bancorp's earnings history.

ConnectOne Bancorp's stock was trading at $16.69 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CNOB shares have increased by 70.8% and is now trading at $28.51.
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ConnectOne Bancorp declared a quarterly dividend on Thursday, July 29th. Investors of record on Monday, August 16th will be given a dividend of $0.11 per share on Wednesday, September 1st. This represents a $0.44 annualized dividend and a dividend yield of 1.54%. The ex-dividend date of this dividend is Friday, August 13th.
View ConnectOne Bancorp's dividend history.

ConnectOne Bancorp pays an annual dividend of $0.44 per share and currently has a dividend yield of 1.54%. ConnectOne Bancorp does not yet have a strong track record of dividend growth. The dividend payout ratio of ConnectOne Bancorp is 20.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ConnectOne Bancorp will have a dividend payout ratio of 15.17% next year. This indicates that ConnectOne Bancorp will be able to sustain or increase its dividend.
View ConnectOne Bancorp's dividend history.

3 brokerages have issued 1-year price objectives for ConnectOne Bancorp's stock. Their forecasts range from $25.00 to $40.00. On average, they expect ConnectOne Bancorp's share price to reach $30.67 in the next year. This suggests a possible upside of 7.6% from the stock's current price.
View analysts' price targets for ConnectOne Bancorp or view top-rated stocks among Wall Street analysts.

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

Some companies that are related to ConnectOne Bancorp include Wintrust Financial (WTFC), United Bankshares (UBSI), ServisFirst Bancshares (SFBS), Hancock Whitney (HWC), Pacific Premier Bancorp (PPBI), Home Bancshares, Inc. (Conway, AR) (HOMB), First Hawaiian (FHB), Investors Bancorp (ISBC), Ameris Bancorp (ABCB), Bank of Hawaii (BOH), Associated Banc (ASB), Cathay General Bancorp (CATY), BancorpSouth Bank (BXS), Texas Capital Bancshares (TCBI) and Independent Bank Group (IBTX).
View all of CNOB's competitors.

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).

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

ConnectOne Bancorp's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.17%), Dimensional Fund Advisors LP (5.89%), Vanguard Group Inc. (4.56%), FMR LLC (4.16%), Goldman Sachs Group Inc. (4.12%) and State Street Corp (2.64%). Company insiders that own ConnectOne Bancorp stock include Frank Huttle III, Frank W Baier, Katherin Nukk-Freeman, Michael W Kempner, Stephen T Boswell and William Thompson.
View institutional ownership trends for ConnectOne Bancorp.

CNOB stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, BlackRock Inc., JPMorgan Chase & Co., California Public Employees Retirement System, Banc Funds Co. LLC, Brandywine Global Investment Management LLC, and Alliancebernstein L.P..
View insider buying and selling activity for ConnectOne Bancorp or view top insider-selling stocks.

CNOB stock was bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Kennedy Capital Management Inc., Hillsdale Investment Management Inc., State Street Corp, Goldman Sachs Group Inc., Vanguard Group Inc., Millennium Management LLC, and Boothbay Fund Management LLC. Company insiders that have bought ConnectOne Bancorp stock in the last two years include Frank W Baier, Katherin Nukk-Freeman, Stephen T Boswell, and William Thompson.
View insider buying and selling activity for ConnectOne Bancorp or or view top insider-buying stocks.

Shares of CNOB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CNOB stock can currently be purchased for approximately $28.51.

ConnectOne Bancorp has a market capitalization of $1.13 billion and generates $322.60 million in revenue each year. The financial services provider earns $71.29 million in net income (profit) each year or $2.13 on an earnings per share basis.

ConnectOne Bancorp employs 411 workers across the globe.

The official website for ConnectOne Bancorp is www.connectonebank.com.

ConnectOne Bancorp is headquartered at 301 SYLVAN AVENUE, ENGLEWOOD CLIFFS NJ, 07632.

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].