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

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$20.79 -0.51 (-2.39 %)
(As of 03/20/2019 07:36 AM ET)
Previous Close$21.30
Today's Range$20.76 - $21.64
52-Week Range$17.07 - $31.25
Volume60,907 shs
Average Volume88,119 shs
Market Capitalization$736.38 million
P/E Ratio9.32
Dividend Yield1.41%
Beta0.88
ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank, a state chartered bank that provides various commercial banking products and services. It offers a range of deposit products, including personal and business checking accounts, retirement accounts, money market accounts, time and savings accounts, and NOW accounts. The company 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, it 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. As of January 11, 2019, the company offered its commercial banking and lending services and products through its 29 banking offices located in New York and New Jersey. 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

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$221.87 million
Cash Flow$2.3679 per share
Book Value$19.04 per share

Profitability

Net Income$60.35 million

Miscellaneous

EmployeesN/A
Market Cap$736.38 million
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

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 declared a quarterly dividend on Wednesday, December 19th. Shareholders of record on Monday, January 14th will be given a dividend of $0.075 per share on Friday, February 1st. This represents a $0.30 dividend on an annualized basis and a yield of 1.44%. The ex-dividend date of this dividend is Friday, January 11th. View ConnectOne Bancorp's Dividend History.

How were ConnectOne Bancorp's earnings last quarter?

ConnectOne Bancorp Inc (NASDAQ:CNOB) issued its earnings results on Thursday, January, 24th. The financial services provider reported $0.59 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.55 by $0.04. The financial services provider had revenue of $41.68 million for the quarter, compared to the consensus estimate of $43.01 million. ConnectOne Bancorp had a net margin of 27.20% and a return on equity of 12.31%. 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, April 25th 2019. View Earnings Estimates for ConnectOne Bancorp.

What price target have analysts set for CNOB?

1 Wall Street analysts have issued 1 year price objectives for ConnectOne Bancorp's shares. Their forecasts range from $34.00 to $34.00. On average, they expect ConnectOne Bancorp's stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 63.5% from the stock's current price. View Analyst Price Targets for ConnectOne Bancorp.

What is the consensus analysts' recommendation for ConnectOne Bancorp?

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

Has ConnectOne Bancorp been receiving favorable news coverage?

News coverage about CNOB stock has been trending positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ConnectOne Bancorp earned a coverage optimism score of 2.7 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days.

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), MONDI/PAR VTG FPD 0.2 (MNDI), QUALCOMM (QCOM), Biogen (BIIB), Intel (INTC), PepsiCo (PEP), AbbVie (ABBV), Procter & Gamble (PG), Chevron (CVX) and Nektar Therapeutics (NKTR).

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 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)

Who are ConnectOne Bancorp's major shareholders?

ConnectOne Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (6.75%), Dimensional Fund Advisors LP (6.75%), BlackRock Inc. (6.44%), FMR LLC (4.56%), Investment Counselors of Maryland LLC (3.08%) and Brown Advisory Inc. (3.06%). 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, Laura Criscione, Michael W Kempner, Nicholas Minoia, Stephen T Boswell, William S Burns and William Thompson. View Institutional Ownership Trends for ConnectOne Bancorp.

Which institutional investors are selling ConnectOne Bancorp stock?

CNOB stock was sold by a variety of institutional investors in the last quarter, including Monarch Partners Asset Management LLC, Brown Advisory Inc., Millennium Management LLC, FMR LLC, RMB Capital Management LLC, Bank of America Corp DE, Mendon Capital Advisors Corp and First Trust Advisors LP. Company insiders that have sold ConnectOne Bancorp company stock in the last year include Christopher J Ewing, Frank Huttle III, Frank Sorrentino III, Laura Criscione, Michael W Kempner, William S Burns and William Thompson. View Insider Buying and Selling for ConnectOne Bancorp.

Which institutional investors are buying ConnectOne Bancorp stock?

CNOB stock was purchased by a variety of institutional investors in the last quarter, including Basswood Capital Management L.L.C., Southside Capital LLC, BlackRock Inc., Seidman Lawrence B, Peregrine Capital Management LLC, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP and Context BH Capital Management LP. Company insiders that have bought ConnectOne Bancorp stock in the last two years include Frank W Baier, Katherin Nukk-Freeman, Nicholas Minoia, Stephen T Boswell 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 $20.79.

How big of a company is ConnectOne Bancorp?

ConnectOne Bancorp has a market capitalization of $736.38 million and generates $221.87 million in revenue each year. The financial services provider earns $60.35 million in net income (profit) each year or $2.23 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:  156 (Vote Outperform)
Underperform Votes:  205 (Vote Underperform)
Total Votes:  361
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 3/20/2019 by MarketBeat.com Staff

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