Old National Bancorp - ONB Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Old National Bancorp in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ONB shares.
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3 brokers have issued 1-year price targets for Old National Bancorp's shares. Their ONB share price forecasts range from $21.00 to $23.00. On average, they anticipate the company's share price to reach $21.67 in the next twelve months. This suggests a possible upside of 21.4% from the stock's current price.
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Old National Bancorp's stock was trading at $17.98 at the beginning of the year. Since then, ONB stock has decreased by 0.7% and is now trading at $17.85.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our ONB earnings forecast.

Old National Bancorp (NASDAQ:ONB) announced its quarterly earnings data on Tuesday, January, 24th. The bank reported $0.56 EPS for the quarter, missing analysts' consensus estimates of $0.57 by $0.01. The bank had revenue of $622.86 million for the quarter, compared to analysts' expectations of $471.30 million. Old National Bancorp had a trailing twelve-month return on equity of 11.16% and a net margin of 23.10%. During the same period in the previous year, the company earned $0.34 EPS.

Old National Bancorp declared a quarterly dividend on Thursday, November 3rd. Investors of record on Thursday, December 1st will be paid a dividend of $0.14 per share on Thursday, December 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date is Wednesday, November 30th.
Read our dividend analysis for ONB.

Old National Bancorp (NASDAQ:ONB) pays an annual dividend of $0.56 per share and currently has a dividend yield of 3.13%. The dividend payout ratio is 40.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ONB will have a dividend payout ratio of 26.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ONB.

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.

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).

Old National Bancorp trades on the NASDAQ under the ticker symbol "ONB."

Old National Bancorp's stock is owned by a number of retail and institutional investors. Top institutional investors include Pzena Investment Management LLC (1.40%), OLD National Bancorp IN (0.97%), Private Management Group Inc. (0.57%), Vaughan Nelson Investment Management L.P. (0.55%), Leeward Investments LLC MA (0.36%) and Fisher Asset Management LLC (0.16%). Insiders that own company stock include Austin M Ramirez, Brendon B Falconer, Daniel S Hermann, James A Sandgren, James C Ryan III, Mark G Sander, Michael L Scudder, Ryan C Kitchell and Thomas Lynn Brown.
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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.
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One share of ONB stock can currently be purchased for approximately $17.85.

Old National Bancorp (NASDAQ:ONB) has a market capitalization of $5.23 billion and generates $1.73 billion in revenue each year. The bank earns $428.29 million in net income (profit) each year or $1.39 on an earnings per share basis.

The company employs 2,374 workers across the globe.

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.