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

Old National Bancorp's stock was trading at $13.85 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ONB stock has decreased by 9.4% and is now trading at $12.55. 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) announced its earnings results on Tuesday, January, 21st. The bank reported $0.29 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate 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 return on equity of 8.80% and a net margin of 25.62%. During the same period last year, the firm 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 given a dividend of $0.14 per share on Monday, March 16th. This represents a $0.56 annualized dividend and a dividend yield of 4.46%. The ex-dividend date is Friday, February 28th. This is an increase from Old National Bancorp's previous quarterly dividend of $0.13. View Old National Bancorp's dividend history.

2 Wall Street analysts have issued 12 month price objectives for Old National Bancorp's shares. 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 year. This suggests a possible upside of 51.4% from the stock's current price. View analysts' price targets for Old National Bancorp.

Media stories about ONB stock have trended somewhat positive on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Old National Bancorp earned a coverage optimism score of 0.6 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutOld National Bancorp.

Old National Bancorp saw a decrease in short interest in March. As of March 13th, there was short interest totaling 7,467,400 shares, a decrease 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 short-interest ratio is presently 4.3 days. Currently, 4.5% of the company's 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), First Republic Bank (FRC), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), 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 $12.55.

Old National Bancorp has a market capitalization of $2.12 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]