Log in
NASDAQ:CNOB

ConnectOne Bancorp Stock Forecast, Price & News

$13.81
-0.29 (-2.06 %)
(As of 09/25/2020 12:00 AM ET)
Add
Compare
Today's Range
$13.72
Now: $13.81
$14.10
50-Day Range
$13.84
MA: $15.00
$15.76
52-Week Range
$8.85
Now: $13.81
$26.50
Volume152,499 shs
Average Volume164,219 shs
Market Capitalization$548.99 million
P/E Ratio8.03
Dividend Yield2.55%
Beta1.29
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.
Read More
ConnectOne Bancorp logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.7Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.23 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$2.29 per share
Book Value$20.67 per share

Profitability

Net Income$73.39 million

Miscellaneous

EmployeesN/A
Market Cap$548.99 million
Next Earnings Date10/22/2020 (Estimated)
OptionableOptionable
$13.81
-0.29 (-2.06 %)
(As of 09/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive CNOB News and Ratings via Email

Sign-up to receive the latest news and ratings for CNOB and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











ConnectOne Bancorp (NASDAQ:CNOB) Frequently Asked Questions

How has ConnectOne Bancorp's stock price been impacted by Coronavirus?

ConnectOne Bancorp's stock was trading at $16.69 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CNOB stock has decreased by 17.3% and is now trading at $13.81.
View which stocks have been most impacted by COVID-19
.

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

3 Wall Street 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, 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, October 22nd 2020.
View our earnings forecast for ConnectOne Bancorp
.

How were ConnectOne Bancorp's earnings last quarter?

ConnectOne Bancorp Inc (NASDAQ:CNOB) released its quarterly earnings results on Thursday, July, 30th. The financial services provider reported $0.37 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.39 by $0.02. The financial services provider had revenue of $65.41 million for the quarter, compared to the consensus estimate of $60.31 million. ConnectOne Bancorp had a return on equity of 8.93% and a net margin of 20.73%.
View ConnectOne Bancorp's earnings history
.

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

ConnectOne Bancorp announced a quarterly dividend on Friday, July 31st. Investors of record on Monday, August 17th will be paid a dividend of $0.09 per share on Tuesday, September 1st. This represents a $0.36 annualized dividend and a yield of 2.61%. The ex-dividend date is Friday, August 14th.
View ConnectOne Bancorp's dividend history
.

What price target have analysts set for CNOB?

3 brokers have issued twelve-month target prices for ConnectOne Bancorp's stock. Their forecasts range from $19.50 to $29.50. On average, they expect ConnectOne Bancorp's share price to reach $23.33 in the next twelve months. This suggests a possible upside of 69.0% from the stock's current price.
View analysts' price targets for ConnectOne 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), Altria Group (MO), Netflix (NFLX), AT&T (T), AbbVie (ABBV), Delta Air Lines (DAL), Harley-Davidson (HOG), PepsiCo (PEP), Pfizer (PFE) and Simon Property Group (SPG).

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."

Who are ConnectOne Bancorp's major shareholders?

ConnectOne Bancorp's stock is owned by many different retail and institutional investors. Top institutional shareholders include FMR LLC (7.80%), Vanguard Group Inc. (4.59%), Goldman Sachs Group Inc. (4.03%), Castine Capital Management LLC (1.40%), Stieven Capital Advisors L.P. (1.19%) and Banc Funds Co. LLC (1.16%). 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, Stephen T Boswell, William S Burns and William Thompson.
View institutional ownership trends for ConnectOne Bancorp
.

Which major investors are selling ConnectOne Bancorp stock?

CNOB stock was sold by a variety of institutional investors in the last quarter, including Castine Capital Management LLC, BHZ Capital Management LP, Banc Funds Co. LLC, Hennessy Advisors Inc., Bank of America Corp DE, Engineers Gate Manager LP, UBS Group AG, and Nuveen Asset Management LLC. Company insiders that have sold ConnectOne Bancorp company stock in the last year include Frank Huttle III, and William Thompson.
View insider buying and selling activity for ConnectOne Bancorp
.

Which major investors are buying ConnectOne Bancorp stock?

CNOB stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, EJF Capital LLC, Vanguard Group Inc., Goldman Sachs Group Inc., Mackay Shields LLC, Stieven Capital Advisors L.P., RMR Wealth Builders, 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, Stephen T Boswell, and William Thompson.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is ConnectOne Bancorp's stock price today?

One share of CNOB stock can currently be purchased for approximately $13.81.

How big of a company is ConnectOne Bancorp?

ConnectOne Bancorp has a market capitalization of $548.99 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.

What is ConnectOne Bancorp's official website?

The official website for ConnectOne Bancorp is 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 9/26/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.