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. Since then, CNOB shares have decreased by 4.0% and is now trading at $16.02. 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) issued its quarterly earnings data on Thursday, April, 30th. The financial services provider reported $0.15 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.39 by $0.24. The financial services provider earned $58.14 million during the quarter, compared to analysts' expectations of $56.62 million. ConnectOne Bancorp had a net margin of 23.20% and a return on equity of 10.15%. View ConnectOne Bancorp's earnings history.

ConnectOne Bancorp announced a quarterly dividend on Wednesday, April 15th. Stockholders 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 dividend yield of 2.25%. The ex-dividend date of this dividend is Friday, April 24th. View ConnectOne Bancorp's dividend history.

2 brokerages have issued 1-year price objectives for ConnectOne Bancorp's stock. Their forecasts range from $21.00 to $29.50. On average, they expect ConnectOne Bancorp's share price to reach $25.25 in the next year. This suggests a possible upside of 57.6% from the stock's current price. View analysts' price targets for ConnectOne Bancorp.

News articles about CNOB stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. ConnectOne Bancorp earned a news sentiment score of -2.8 on InfoTrie's scale. They also gave press coverage 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 immediate future. View the latest news aboutConnectOne Bancorp.

Some companies that are related to ConnectOne Bancorp include Independent Bank (INDB), IBERIABANK (IBKC), Bancorpsouth Bank (BXS), Associated Banc (ASB), First Hawaiian (FHB), 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) and Independent Bank Group (IBTX). 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 a variety of retail and institutional investors. Top institutional investors 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 bought 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., BHZ Capital Management LP, Geode Capital Management LLC, and Monarch Partners Asset 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 $16.02.

ConnectOne Bancorp has a market capitalization of $636.15 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]