NASDAQ:ONB Old National Bancorp (ONB) Stock Forecast, Price & News $14.54 +0.05 (+0.35%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$14.48▼$14.7650-Day Range$14.33▼$17.3652-Week Range$11.66▼$20.19Volume1.81 million shsAverage Volume1.52 million shsMarket Capitalization$4.25 billionP/E Ratio6.76Dividend Yield3.85%Price Target$18.38 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Old National Bancorp MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside26.4% Upside$18.38 Price TargetShort InterestBearish3.44% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.45Upright™ Environmental ScoreNews Sentiment0.67Based on 8 Articles This WeekInsider TradingSelling Shares$840,500 Sold Last QuarterProj. Earnings Growth-11.22%From $2.05 to $1.82 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.70 out of 5 starsFinance Sector242nd out of 878 stocksNational Commercial Banks Industry38th out of 87 stocks 3.3 Analyst's Opinion Consensus RatingOld National Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.38, Old National Bancorp has a forecasted upside of 26.4% from its current price of $14.54.Amount of Analyst CoverageOld National Bancorp has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.44% of the outstanding shares of Old National Bancorp have been sold short.Short Interest Ratio / Days to CoverOld National Bancorp has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Old National Bancorp has recently increased by 5.78%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipOld National Bancorp is a leading dividend payer. It pays a dividend yield of 3.91%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthOld National Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Old National Bancorp is 26.05%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Old National Bancorp will have a dividend payout ratio of 30.77% next year. This indicates that Old National Bancorp will be able to sustain or increase its dividend. Previous Next 3.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreOld National Bancorp has received a 38.58% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Consumer savings accounts provided by brick and mortar banks", "Commercial deposit accounts", "Cash withdrawal services", "Installment loans for corporations", "Consumer transaction accounts provided by brick and mortar banks", and "Home improvement financing" products. See details.Environmental SustainabilityThe Environmental Impact score for Old National Bancorp is -0.45. Previous Next 2.0 News and Social Media Coverage News SentimentOld National Bancorp has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Old National Bancorp this week, compared to 5 articles on an average week. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Old National Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $840,500.00 in company stock.Percentage Held by InsidersOnly 0.89% of the stock of Old National Bancorp is held by insiders.Percentage Held by Institutions81.53% of the stock of Old National Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Old National Bancorp are expected to decrease by -11.22% in the coming year, from $2.05 to $1.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Old National Bancorp is 6.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.56.Price to Earnings Ratio vs. SectorThe P/E ratio of Old National Bancorp is 6.76, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 69.77.Price to Book Value per Share RatioOld National Bancorp has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Old National Bancorp (NASDAQ:ONB) StockOld National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. It accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, negotiable order of withdrawal, savings and money market, and time deposits; and offers loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, agricultural loans, letters of credit, and lease financing. The company also provides debit and automated teller machine cards, telephone access, online banking, and other electronic and mobile banking services; cash management, private banking, brokerage, trust, investment advisory, and other traditional banking services; wealth management, investment, and foreign currency services; and treasury management, merchant, and capital markets services, as well as community development lending and equity investment solutions. Old National Bancorp was founded in 1834 and is headquartered in Evansville, Indiana.Read More ONB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ONB Stock News HeadlinesSeptember 27, 2023 | msn.com'Chaos from then on.' 911 call taker recounts role in bank shooting responseSeptember 25, 2023 | msn.comElizabethtown nonprofit donates $8,000 to Officer WiltSeptember 30, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.September 24, 2023 | msn.comMotorcycle ride raises money for officer injured during mass shooting at Old National BankSeptember 23, 2023 | msn.comMotorcycle benefit raises money for Officer Nick WiltSeptember 20, 2023 | msn.comOld National Bank celebrates Better Together DaysSeptember 15, 2023 | msn.comLouisville first responders recount Old National Bank mass shooting while being honored for their effortsSeptember 13, 2023 | markets.businessinsider.comPiper Sandler Keeps Their Buy Rating on Old National Bancorp Capital (ONB)September 30, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.September 4, 2023 | bizjournals.comWhat is a wealth transfer vehicle, and which one is best for you?August 31, 2023 | finance.yahoo.comOld National Bancorp (NASDAQ:ONB) is largely controlled by institutional shareholders who own 84% of the companyAugust 30, 2023 | theglobeandmail.comThe Fed is Still Trying to Prevent the Next Silicon Valley BankAugust 29, 2023 | news.yahoo.comGun violence is an undeniable issue for Louisville. When will we do something? | EditorialAugust 15, 2023 | wfft.comThe 'Be A Tourist In Your Hometown' event coming in SeptemberAugust 15, 2023 | msn.comMoody's Downgrades 10 Banks: Here's What Investors Need to KnowAugust 10, 2023 | msn.com26-year-old man indicted, charged in connection to shooting that left 1 dead at JCTCAugust 6, 2023 | msn.com'Wilt Week' raises $170K for LMPD officer injured in deadly Louisville bank shootingAugust 6, 2023 | msn.comVictim of Old National Bank shooting honored for her serviceAugust 5, 2023 | msn.comAlzheimer’s Association honors ONB mass shooting victim Deana EckertJuly 30, 2023 | seekingalpha.comOld National Bancorp 2023 Q2 - Results - Earnings Call PresentationJuly 28, 2023 | msn.comOfficer injured in Old National Bank shooting returning homeJuly 28, 2023 | cnn.comThe officer shot in the head during a Louisville bank shooting is going home after 109 days in the hospitalJuly 28, 2023 | cnn.comOfficer shot in head during Louisville bank attack will be released from a hospital, police sayJuly 28, 2023 | msn.comFinally going home: Officer injured in Louisville bank shooting to be discharged from rehab facilityJuly 28, 2023 | bizjournals.comOld National Bank names market president of commercial bankingJuly 27, 2023 | msn.comStephens & Co. Maintains Old National Bancorp (ONB) Overweight RecommendationJuly 27, 2023 | finance.yahoo.comQ2 2023 Old National Bancorp Earnings CallSee More Headlines Receive ONB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Old National Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address ONB Company Calendar Last Earnings7/25/2023Ex-Dividend for 9/15 Dividend8/31/2023Dividend Payable9/15/2023Today9/30/2023Next Earnings (Estimated)10/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:ONB CUSIP68003310 CIK707179 Webwww.oldnational.com Phone(800) 731-2265Fax812-464-1567Employees3,967Year Founded1841Price Target and Rating Average Stock Price Forecast$18.38 High Stock Price Forecast$21.00 Low Stock Price Forecast$15.50 Forecasted Upside/Downside+26.4%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.15 Trailing P/E Ratio6.76 Forward P/E Ratio7.09 P/E GrowthN/ANet Income$428.29 million Net Margins27.90% Pretax Margin36.11% Return on Equity13.04% Return on Assets1.36% Debt Debt-to-Equity Ratio1.10 Current Ratio0.90 Quick Ratio0.90 Sales & Book Value Annual Sales$1.93 billion Price / Sales2.21 Cash Flow$1.97 per share Price / Cash Flow7.38 Book Value$16.72 per share Price / Book0.87Miscellaneous Outstanding Shares292,597,000Free Float289,993,000Market Cap$4.25 billion OptionableOptionable Beta0.87 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Michael L. Scudder (Age 62)Exec. Chairman Comp: $3.58MMr. James C. Ryan III (Age 51)CEO & Director Comp: $3.92MMr. Mark G. Sander (Age 64)Pres & COO Comp: $2.03MMr. Brendon B. Falconer (Age 47)Chief Financial Officer Comp: $1.43MMs. Kendra L. Vanzo (Age 56)Chief Admin. Officer Comp: $999.04kMr. James A. Sandgren (Age 56)Chief Exec. Officer of Commercial Banking Comp: $1.69MMr. Jeff C. Newcom (Age 50)Chief Operations Officer Ms. Angela L. Putnam (Age 44)Sr. VP & Chief Accounting Officer Mr. Paul S. Kilroy (Age 50)Chief Information Officer Ms. Lynell J. Walton CPASr. VP & Director of Investor RelationsMore ExecutivesKey CompetitorsSynovus FinancialNYSE:SNVF.N.B.NYSE:FNBPinnacle Financial PartnersNASDAQ:PNFPZions Bancorporation, National AssociationNASDAQ:ZIONBOK FinancialNASDAQ:BOKFView All CompetitorsInsiders & InstitutionsBarclays PLCBought 187,371 shares on 9/21/2023Ownership: 0.239%Comerica BankBought 1,284,307 shares on 8/22/2023Ownership: 0.439%California State Teachers Retirement SystemSold 21,018 shares on 8/21/2023Ownership: 0.118%Teachers Retirement System of The State of KentuckyBought 4,828 shares on 8/21/2023Ownership: 0.018%Osaic Holdings Inc.Sold 1,724 shares on 8/21/2023Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions ONB Stock - Frequently Asked Questions Should I buy or sell Old National Bancorp stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Old National Bancorp in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ONB shares. View ONB analyst ratings or view top-rated stocks. What is Old National Bancorp's stock price forecast for 2023? 3 Wall Street analysts have issued 12 month price targets for Old National Bancorp's stock. Their ONB share price forecasts range from $15.50 to $21.00. On average, they expect the company's stock price to reach $18.38 in the next twelve months. This suggests a possible upside of 26.4% from the stock's current price. View analysts price targets for ONB or view top-rated stocks among Wall Street analysts. How have ONB shares performed in 2023? Old National Bancorp's stock was trading at $17.98 at the beginning of the year. Since then, ONB stock has decreased by 19.1% and is now trading at $14.54. View the best growth stocks for 2023 here. When is Old National Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023. View our ONB earnings forecast. How were Old National Bancorp's earnings last quarter? Old National Bancorp (NASDAQ:ONB) posted its quarterly earnings results on Tuesday, July, 25th. The bank reported $0.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.04. The bank earned $626.53 million during the quarter, compared to analyst estimates of $447.53 million. Old National Bancorp had a net margin of 27.90% and a trailing twelve-month return on equity of 13.04%. During the same quarter last year, the firm posted $0.46 EPS. How often does Old National Bancorp pay dividends? What is the dividend yield for Old National Bancorp? Old National Bancorp declared a quarterly dividend on Wednesday, August 16th. Stockholders of record on Friday, September 1st will be paid a dividend of $0.14 per share on Friday, September 15th. This represents a $0.56 annualized dividend and a yield of 3.85%. The ex-dividend date of this dividend is Thursday, August 31st. Read our dividend analysis for ONB. What ETFs hold Old National Bancorp's stock? ETFs with the largest weight of Old National Bancorp (NASDAQ:ONB) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), Invesco S&P MidCap Low Volatility ETF (XMLV), JPMorgan Active Small Cap Value ETF (JPSV), First Trust Nasdaq Bank ETF (FTXO), Direxion Daily Regional Banks Bull 3x Shares (DPST) and First Trust RBA American Industrial Renaissance ETF (AIRR). Is Old National Bancorp a good dividend stock? Old National Bancorp (NASDAQ:ONB) pays an annual dividend of $0.56 per share and currently has a dividend yield of 3.91%. The dividend payout ratio is 26.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ONB will have a dividend payout ratio of 30.77% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ONB. What is Jim Ryan's approval rating as Old National Bancorp's CEO? 13 employees have rated Old National Bancorp Chief Executive Officer Jim Ryan on Glassdoor.com. Jim Ryan has an approval rating of 80% among the company's employees. What other stocks do shareholders of Old National Bancorp own? Based on aggregate information from My MarketBeat watchlists, some companies that other Old National Bancorp investors own include Western Refining Inc. Western R (WNR), Energy Transfer (ET), General Electric (GE), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Ford Motor (F), Intel (INTC), KeyCorp (KEY), Altria Group (MO) and Broadcom (AVGO). What is Old National Bancorp's stock symbol? Old National Bancorp trades on the NASDAQ under the ticker symbol "ONB." How do I buy shares of Old National Bancorp? Shares of ONB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Old National Bancorp's stock price today? One share of ONB stock can currently be purchased for approximately $14.54. How much money does Old National Bancorp make? Old National Bancorp (NASDAQ:ONB) has a market capitalization of $4.25 billion and generates $1.93 billion in revenue each year. The bank earns $428.29 million in net income (profit) each year or $2.15 on an earnings per share basis. How many employees does Old National Bancorp have? The company employs 3,967 workers across the globe. How can I contact Old National Bancorp? Old National Bancorp's mailing address is ONE MAIN ST, EVANSVILLE IN, 47708. The official website for the company is www.oldnational.com. The bank can be reached via phone at (800) 731-2265, via email at lynell.walton@oldnational.com, or via fax at 812-464-1567. This page (NASDAQ:ONB) was last updated on 9/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Old National Bancorp Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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