CNOB vs. PFC, FMBH, CTBI, AMAL, EGBN, LBAI, OSBC, SBSI, GSBC, and CFB
Should you be buying ConnectOne Bancorp stock or one of its competitors? The main competitors of ConnectOne Bancorp include Premier Financial (PFC), First Mid Bancshares (FMBH), Community Trust Bancorp (CTBI), Amalgamated Financial (AMAL), Eagle Bancorp (EGBN), Lakeland Bancorp (LBAI), Old Second Bancorp (OSBC), Southside Bancshares (SBSI), Great Southern Bancorp (GSBC), and CrossFirst Bankshares (CFB). These companies are all part of the "state commercial banks" industry.
ConnectOne Bancorp (NASDAQ:CNOB) and Premier Financial (NASDAQ:PFC) are both small-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, community ranking, analyst recommendations, media sentiment, risk, profitability, earnings, valuation and dividends.
ConnectOne Bancorp received 246 more outperform votes than Premier Financial when rated by MarketBeat users. Likewise, 59.09% of users gave ConnectOne Bancorp an outperform vote while only 40.00% of users gave Premier Financial an outperform vote.
ConnectOne Bancorp currently has a consensus price target of $24.50, suggesting a potential upside of 33.88%. Premier Financial has a consensus price target of $22.50, suggesting a potential upside of 13.92%. Given ConnectOne Bancorp's stronger consensus rating and higher probable upside, equities research analysts clearly believe ConnectOne Bancorp is more favorable than Premier Financial.
ConnectOne Bancorp pays an annual dividend of $0.68 per share and has a dividend yield of 3.7%. Premier Financial pays an annual dividend of $1.24 per share and has a dividend yield of 6.3%. ConnectOne Bancorp pays out 32.9% of its earnings in the form of a dividend. Premier Financial pays out 40.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
Premier Financial has a net margin of 23.67% compared to ConnectOne Bancorp's net margin of 17.26%. Premier Financial's return on equity of 9.19% beat ConnectOne Bancorp's return on equity.
ConnectOne Bancorp has a beta of 1.25, indicating that its share price is 25% more volatile than the S&P 500. Comparatively, Premier Financial has a beta of 1.27, indicating that its share price is 27% more volatile than the S&P 500.
In the previous week, Premier Financial had 1 more articles in the media than ConnectOne Bancorp. MarketBeat recorded 17 mentions for Premier Financial and 16 mentions for ConnectOne Bancorp. Premier Financial's average media sentiment score of 0.35 beat ConnectOne Bancorp's score of 0.21 indicating that Premier Financial is being referred to more favorably in the news media.
67.7% of ConnectOne Bancorp shares are owned by institutional investors. Comparatively, 66.1% of Premier Financial shares are owned by institutional investors. 6.4% of ConnectOne Bancorp shares are owned by insiders. Comparatively, 2.2% of Premier Financial shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Premier Financial has lower revenue, but higher earnings than ConnectOne Bancorp. Premier Financial is trading at a lower price-to-earnings ratio than ConnectOne Bancorp, indicating that it is currently the more affordable of the two stocks.
Summary
ConnectOne Bancorp beats Premier Financial on 11 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CNOB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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