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NASDAQ:CNOBConnectOne Bancorp Stock Price, Forecast & News

$11.56
-1.08 (-8.54 %)
(As of 04/3/2020 04:00 PM ET)
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Today's Range
$11.44
Now: $11.56
$12.64
50-Day Range
$9.59
MA: $18.04
$24.24
52-Week Range
$8.85
Now: $11.56
$26.50
Volume96,746 shs
Average Volume287,252 shs
Market Capitalization$458.93 million
P/E Ratio5.58
Dividend Yield2.85%
Beta1.41
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, and time and savings 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 credit cards, wire transfers, access to automated teller services, Internet banking, treasury direct, ACH origination, lockbox, mobile banking by phone, safe deposit box, and remote deposit capture services. As of January 24, 2019, the company offered its commercial and consumer banking and lending services and products through its 29 banking offices located in New York and New Jersey. It serves small-to-medium sized businesses, high net worth individuals, professional practices, and consumer and retail clients. 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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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 3.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.91 out of 5 stars


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$279.52 million
Cash Flow$2.14 per share
Book Value$20.67 per share

Profitability

Net Income$73.39 million

Miscellaneous

EmployeesN/A
Market Cap$458.93 million
Next Earnings Date4/23/2020 (Estimated)
OptionableOptionable

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ConnectOne Bancorp (NASDAQ:CNOB) Frequently Asked Questions

How has ConnectOne Bancorp's stock been impacted by COVID-19 (Coronavirus)?

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. Since then, CNOB stock has decreased by 30.7% and is now trading at $11.56. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of ConnectOne Bancorp?

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

When is ConnectOne Bancorp's next earnings date?

ConnectOne Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for ConnectOne Bancorp.

How were ConnectOne Bancorp's earnings last quarter?

ConnectOne Bancorp Inc (NASDAQ:CNOB) announced its quarterly earnings data on Thursday, January, 23rd. The financial services provider reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.62 by $0.01. The financial services provider had revenue of $49.68 million for the quarter, compared to analysts' expectations of $51.60 million. ConnectOne Bancorp had a return on equity of 11.28% and a net margin of 26.26%. View ConnectOne Bancorp's earnings history.

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

ConnectOne Bancorp declared a quarterly dividend on Monday, December 30th. Shareholders of record on Monday, January 13th will be paid a dividend of $0.09 per share on Monday, February 3rd. This represents a $0.36 annualized dividend and a yield of 3.11%. The ex-dividend date is Friday, January 10th. View ConnectOne Bancorp's dividend history.

What price target have analysts set for CNOB?

1 equities research analysts have issued 1-year price targets for ConnectOne Bancorp's shares. Their forecasts range from $29.50 to $29.50. On average, they anticipate ConnectOne Bancorp's stock price to reach $29.50 in the next twelve months. This suggests a possible upside of 155.2% from the stock's current price. View analysts' price targets for ConnectOne Bancorp.

Has ConnectOne Bancorp been receiving favorable news coverage?

Media headlines about CNOB stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ConnectOne Bancorp earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutConnectOne Bancorp.

Who are some of ConnectOne Bancorp's key competitors?

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), Harley-Davidson (HOG), Altria Group (MO), Tc Pipelines (TRP), Wells Fargo & Co (WFC), Mondi (MNDI), Biogen (BIIB), Huntington Bancshares (HBAN) and Intel (INTC).

Who are ConnectOne Bancorp's key executives?

ConnectOne Bancorp's management team includes the following people:
  • Mr. Frank S. Sorrentino III, Chairman & 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)

What is ConnectOne Bancorp's stock symbol?

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

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, Robinhood, Fidelity, and Charles Schwab.

What is ConnectOne Bancorp's stock price today?

One share of CNOB stock can currently be purchased for approximately $11.56.

How big of a company is ConnectOne Bancorp?

ConnectOne Bancorp has a market capitalization of $458.93 million and generates $279.52 million in revenue each year. The financial services provider earns $73.39 million in net income (profit) each year or $2.25 on an earnings per share basis.  View additional information about ConnectOne Bancorp.

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]

This page was last updated on 4/4/2020 by MarketBeat.com Staff

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