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

Old National Bancorp's stock was trading at $13.85 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ONB stock has decreased by 4.8% and is now trading at $13.19. View which stocks have been mosted impacted by Coronavirus.

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.

Old National Bancorp is scheduled to release its next quarterly earnings announcement on Monday, April 27th 2020. View our earnings forecast for Old National Bancorp.

Old National Bancorp (NASDAQ:ONB) issued its earnings results on Tuesday, January, 21st. The bank reported $0.29 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.35 by $0.06. The bank had revenue of $196.63 million for the quarter, compared to the consensus estimate 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 quarter in the previous year, the business earned $0.32 EPS. View Old National Bancorp's earnings history.

Old National Bancorp declared a quarterly dividend on Wednesday, January 22nd. Investors 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 dividend yield of 4.25%. The ex-dividend date of this dividend is Friday, February 28th. This is a boost from Old National Bancorp's previous quarterly dividend of $0.13. View Old National Bancorp's dividend history.

2 brokers have issued 12 month 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 share price to reach $19.00 in the next twelve months. This suggests a possible upside of 44.0% from the stock's current price. View analysts' price targets for Old National Bancorp.

News stories about ONB stock have been trending very negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Old National Bancorp earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutOld National Bancorp.

Old National Bancorp saw a decline in short interest in March. As of March 13th, there was short interest totaling 7,467,400 shares, a decline of 6.3% from the February 27th total of 7,970,000 shares. Based on an average daily volume of 1,720,500 shares, the days-to-cover ratio is currently 4.3 days. Approximately 4.5% of the shares of the stock are short sold. 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), First Republic Bank (FRC), KeyCorp (KEY), Fifth Third Bancorp (FITB), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), Signature Bank (SBNY) 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), General Electric (GE), Intel (INTC), QUALCOMM (QCOM), Ford Motor (F), KeyCorp (KEY), Altria Group (MO) and Advanced Micro Devices (AMD).

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

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 $13.19.

Old National Bancorp has a market capitalization of $2.23 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]