NASDAQ:ONB - Old National Bancorp Stock Price, Forecast & News

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

Old National Bancorp announced a quarterly dividend on Wednesday, January 22nd. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.14 per share on Monday, March 16th. This represents a $0.56 annualized dividend and a yield of 3.25%. The ex-dividend date of this dividend is Friday, February 28th. This is a positive change from Old National Bancorp's previous quarterly dividend of $0.13. View Old National Bancorp's Dividend History.

Old National Bancorp (NASDAQ:ONB) released its quarterly earnings data on Tuesday, January, 21st. The bank reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by $0.06. The bank earned $196.63 million during the quarter, compared to analysts' expectations of $196.10 million. Old National Bancorp had a net margin of 25.62% and a return on equity of 8.80%. During the same period in the prior year, the business posted $0.32 EPS. View Old National Bancorp's Earnings History.

Old National Bancorp is scheduled to release their next quarterly earnings announcement on Monday, April 27th 2020. View Earnings Estimates for Old National Bancorp.

2 analysts have issued 1-year price targets for Old National Bancorp's stock. Their forecasts range from $19.00 to $19.00. On average, they anticipate Old National Bancorp's stock price to reach $19.00 in the next year. This suggests a possible upside of 10.1% from the stock's current price. View Analyst Price Targets for Old National Bancorp.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Old National Bancorp in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Old National Bancorp.

News stories about ONB stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Old National Bancorp earned a news sentiment score of 2.2 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Old National Bancorp.

Old National Bancorp saw a drop in short interest during the month of February. As of February 14th, there was short interest totalling 9,080,000 shares, a drop of 7.3% from the January 30th total of 9,790,000 shares. Based on an average daily trading volume, of 979,200 shares, the days-to-cover ratio is presently 9.3 days. Approximately 5.4% of the company's shares are sold short. View Old National Bancorp's Current Options Chain.

Some companies that are related to Old National Bancorp include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), TCF Financial (TCF) and East West Bancorp (EWBC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Old National Bancorp investors own include Western Refining (WNR), Energy Transfer LP Unit (ET), Bank of Nova Scotia (BNS), Intel (INTC), QUALCOMM (QCOM), General Electric (GE), KeyCorp (KEY), Altria Group (MO), Advanced Micro Devices (AMD) and PepsiCo (PEP).

Old National Bancorp's stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (3.88%), Goldman Sachs Group Inc. (2.85%), Bank of New York Mellon Corp (2.30%), Mairs & Power INC (1.96%), Geode Capital Management LLC (1.37%) and OLD National Bancorp IN (1.01%). Company insiders that own Old National Bancorp stock include Daryl D Moore, James C Ryan III, Katherine E White and Robert G Jones. View Institutional Ownership Trends for Old National Bancorp.

ONB stock was sold by a variety of institutional investors in the last quarter, including Mairs & Power INC, FMR LLC, PNC Financial Services Group Inc., Eaton Vance Management, Cetera Advisor Networks LLC, Arizona State Retirement System, Stifel Financial Corp and Rothschild & Co. Asset Management US Inc.. Company insiders that have sold Old National Bancorp company stock in the last year include Daryl D Moore and Katherine E White. View Insider Buying and Selling for Old National Bancorp.

ONB stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Assenagon Asset Management S.A., State Street Corp, Great West Life Assurance Co. Can, Bank of New York Mellon Corp, Foundry Partners LLC, Geode Capital Management LLC and Heartland Advisors Inc.. View Insider Buying and Selling for Old National Bancorp.

Shares of ONB 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.

One share of ONB stock can currently be purchased for approximately $17.25.

Old National Bancorp has a market capitalization of $2.92 billion and generates $929.70 million in revenue each year. The bank earns $238.21 million in net income (profit) each year or $1.45 on an earnings per share basis. Old National Bancorp employs 2,709 workers across the globe.View Additional Information About Old National Bancorp.

The official website for Old National Bancorp is http://www.oldnational.com/.

Old National Bancorp's mailing address is ONE MAIN ST, EVANSVILLE IN, 47708. The bank can be reached via phone at 800-731-2265 or via email at [email protected]