NASDAQ:CNOBConnectOne Bancorp Stock Price, Forecast & News

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 1.3% and is now trading at $16.90. View which stocks have been most impacted by Coronavirus.

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.

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

ConnectOne Bancorp Inc (NASDAQ:CNOB) posted its quarterly earnings results on Thursday, April, 30th. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.39 by $0.24. The financial services provider had revenue of $58.14 million for the quarter, compared to analysts' expectations of $56.62 million. ConnectOne Bancorp had a return on equity of 10.15% and a net margin of 23.20%. View ConnectOne Bancorp's earnings history.

ConnectOne Bancorp announced a quarterly dividend on Wednesday, April 15th. Shareholders of record on Monday, April 27th will be given a dividend of $0.09 per share on Monday, May 4th. This represents a $0.36 annualized dividend and a yield of 2.13%. The ex-dividend date of this dividend is Friday, April 24th. View ConnectOne Bancorp's dividend history.

2 equities research analysts have issued 12 month price objectives for ConnectOne Bancorp's shares. Their forecasts range from $21.00 to $29.50. On average, they anticipate ConnectOne Bancorp's stock price to reach $25.25 in the next twelve months. This suggests a possible upside of 49.4% from the stock's current price. View analysts' price targets for ConnectOne Bancorp.

News coverage about CNOB stock has been trending somewhat negative on Saturday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. ConnectOne Bancorp earned a media sentiment score of -1.5 on InfoTrie's scale. They also gave headlines 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 effect on the company's share price in the near future. View the latest news aboutConnectOne Bancorp.

Some companies that are related to ConnectOne Bancorp include First Hawaiian (FHB), Independent Bank (INDB), Bancorpsouth Bank (BXS), Associated Banc (ASB), Investors Bancorp (ISBC), Cathay General Bancorp (CATY), First Interstate Bancsystem (FIBK), International Bancshares (IBOC), ServisFirst Bancshares (SFBS), South State (SSB), Columbia Banking System (COLB), Ameris Bancorp (ABCB), Hilltop (HTH), Independent Bank Group (IBTX) and United Community Banks (UCBI). View all competitors.

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), Netflix (NFLX), PepsiCo (PEP), Tc Pipelines (TRP), Wells Fargo & Co (WFC), Apple Hospitality REIT (APLE) and Biogen (BIIB).

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 shareholders include BlackRock Inc. (6.43%), Investment Counselors of Maryland LLC (2.68%), Castine Capital Management LLC (2.03%), State Street Corp (1.91%), JPMorgan Chase & Co. (1.55%) and Geode Capital Management LLC (1.28%). 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, Kevin Rendino, Laura Criscione, Michael W Kempner, Nicholas Minoia, Stephen T Boswell, William S Burns 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 Hillsdale Investment Management Inc., Banc Funds Co. LLC, Hennessy Advisors Inc., ClariVest Asset Management LLC, Morgan Stanley, Nuveen Asset Management LLC, WINTON GROUP Ltd, and Parametric Portfolio Associates LLC. View insider buying and selling activity for ConnectOne Bancorp.

CNOB stock was acquired by a variety of institutional investors in the last quarter, including Castine Capital Management LLC, JPMorgan Chase & Co., Rothschild & Co. Asset Management US Inc., Alliancebernstein L.P., Stieven Capital Advisors L.P., Seidman Lawrence B, BHZ Capital Management LP, and Geode Capital Management LLC. Company insiders that have bought ConnectOne Bancorp stock in the last two years include Frank W Baier, Katherin Nukk-Freeman, Kevin Rendino, Nicholas Minoia, Stephen T Boswell, and William Thompson. View insider buying and selling activity for 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.

One share of CNOB stock can currently be purchased for approximately $16.90.

ConnectOne Bancorp has a market capitalization of $671.10 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.

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

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]