NASDAQ:ONB Old National Bancorp - ONB Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $14.49 +0.03 (+0.21%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$14.35▼$14.7050-Day Range$13.95▼$18.1652-Week Range$13.69▼$20.19Volume1.17 million shsAverage Volume2.11 million shsMarket Capitalization$4.24 billionP/E Ratio10.42Dividend Yield3.86%Price Target$20.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Old National Bancorp MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside39.8% Upside$20.25 Price TargetShort InterestBearish2.98% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.45Upright™ Environmental ScoreNews Sentiment0.83Based on 6 Articles This WeekInsider TradingSelling Shares$1.51 M Sold Last QuarterProj. Earnings Growth-3.70%From $2.16 to $2.08 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.2.85 out of 5 starsFinance Sector213th out of 892 stocksNational Commercial Banks Industry32nd out of 86 stocks 3.3 Analyst's Opinion Consensus RatingOld National Bancorp has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.25, Old National Bancorp has a forecasted upside of 39.8% from its current price of $14.49.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 Shorted2.98% 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 4.3.Change versus previous monthShort interest in Old National Bancorp has recently increased by 11.79%, 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 3.84%, 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 40.29%. 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 26.92% 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 3.8 News and Social Media Coverage News SentimentOld National Bancorp has a news sentiment score of 0.83. 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 is a higher news sentiment than the 0.58 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Old National Bancorp this week, compared to 2 articles on an average week.Search Interest10 people have searched for ONB on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.MarketBeat Follows3 people have added Old National Bancorp to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. 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 $1,510,217.00 in company stock.Percentage Held by InsidersOnly 0.70% of the stock of Old National Bancorp is held by insiders.Percentage Held by Institutions76.41% 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 -3.70% in the coming year, from $2.16 to $2.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Old National Bancorp is 10.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.16.Price to Earnings Ratio vs. SectorThe P/E ratio of Old National Bancorp is 10.42, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 141.67.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 a financial holding company. It engages in the provision of financial and banking solutions. The firm's Community Banking segment provides commercial, real estate and consumer loans, time deposits, checking and savings accounts, cash management, brokerage, trust and investment advisory services. The company was founded in 1982 and is headquartered in Evansville, IN.Read More 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 Stock News HeadlinesMarch 27, 2023 | thestreet.comOld Rises On Unusually High Volume (ONB)March 27, 2023 | finance.yahoo.comOld National ranked 6th in financial performance of U.S. public banks by S&P Global Market IntelligenceMarch 29, 2023 | WealthPop (Ad)Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week)2023 is a classic “stock picker’s market.” The only way to beat these markets is to pick the right stocks at the right time. Legendary trader Adam Mesh is ready to hand you his best stock pick every week… It’s the same kind of research Wall Street’s top traders use to beat the markets. Click here to get his three top picks for right now to help get you started now. March 25, 2023 | americanbankingnews.comOld National Bancorp (NASDAQ:ONB) Reaches New 12-Month Low at $14.06March 20, 2023 | americanbankingnews.comOld National Bancorp (NASDAQ:ONB) Receives Average Rating of "Hold" from BrokeragesMarch 19, 2023 | wsj.comOld National Bancorp Dep. Pfd. (Rep. 1/40th Perp. Pfd. Series A)March 16, 2023 | cnbc.comExclusive: Old National Bank CEO on the SVB fallout's impact on regional banksMarch 13, 2023 | finance.yahoo.comOld National Bank Commits $500,000 to Nonprofits Chosen by the CommunityMarch 29, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. 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Discover the immediate steps you need to take now.March 9, 2023 | finance.yahoo.comOld National Bank expands into Metro Detroit marketMarch 9, 2023 | finance.yahoo.comOld National introduces Empowerment Small Business Loan Program to address systemic inequities in capital accessFebruary 24, 2023 | finance.yahoo.comInvesting in Old National Bancorp (NASDAQ:ONB) three years ago would have delivered you a 25% gainFebruary 23, 2023 | msn.comOld National Bancorp: Dividend InsightsFebruary 22, 2023 | finance.yahoo.comOld National Bancorp Announces Quarterly Dividends and Stock Repurchase ProgramFebruary 17, 2023 | seekingalpha.comONBPP Old National Bancorp DP 1/40 NC PPF AFebruary 9, 2023 | finance.yahoo.comOld National Named to 2023 Bloomberg Gender-Equality IndexJanuary 26, 2023 | finance.yahoo.comOld National Bancorp (NASDAQ:ONB) Q4 2022 Earnings Call TranscriptJanuary 24, 2023 | seekingalpha.comBuy The Dip In Old National BancorpJanuary 24, 2023 | msn.comOld National Bancorp (ONB) Lags Q4 Earnings EstimatesJanuary 24, 2023 | finance.yahoo.comOld National Reports 43% EPS Growth from 3Q22, 10% on an Adjusted Basis¹, Driven by Commercial Loan Growth, Net Interest Margin Expansion and Expense DisciplineJanuary 23, 2023 | msn.comOld National Bancorp's Earnings OutlookJanuary 18, 2023 | finance.yahoo.comWintrust Financial (WTFC) Lags Q4 Earnings and Revenue EstimatesJanuary 18, 2023 | bizjournals.comOld National Bancorp launching wealth-management business called 1834January 18, 2023 | finance.yahoo.comOld National Debuts Enhanced Wealth Management Business for High Net-Worth Individuals and InstitutionsJanuary 13, 2023 | finance.yahoo.comOld National Bancorp Announces Schedule for Fourth-Quarter and Full-Year 2022 Earnings Release and Conference CallDecember 19, 2022 | finance.yahoo.comOld National Bancorp (NASDAQ:ONB) down to US$5.0b market cap, but institutional owners may not be as affected after a year of 2.4% returnsDecember 7, 2022 | markets.businessinsider.comRBC Capital Keeps Their Hold Rating on Old National Bancorp Capital (ONB)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings1/24/2023Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Today3/29/2023Next Earnings (Estimated)4/25/2023Fiscal 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$20.25 High Stock Price Forecast$23.00 Low Stock Price Forecast$16.00 Forecasted Upside/Downside+40.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.39 Trailing P/E Ratio10.39 Forward P/E Ratio6.69 P/E GrowthN/ANet Income$428.29 million Net Margins23.10% Pretax Margin29.38% Return on Equity11.30% Return on Assets1.19% Debt Debt-to-Equity Ratio0.93 Current Ratio0.86 Quick Ratio0.86 Sales & Book Value Annual Sales$1.85 billion Price / Sales2.28 Cash Flow$1.94 per share Price / Cash Flow7.43 Book Value$16.72 per share Price / Book0.86Miscellaneous Outstanding Shares292,920,000Free Float290,873,000Market Cap$4.23 billion OptionableOptionable Beta0.84 Social Links Key ExecutivesJames C. RyanChief Executive Officer & DirectorMark G. SanderPresident & Chief Operating OfficerBrendon B. FalconerChief Financial Officer & Senior Executive VPPaul S. KilroyChief Information Officer & Executive VPKendra L. VanzoChief Administrative Officer & Senior Executive VPKey CompetitorsF.N.B.NYSE:FNBPinnacle Financial PartnersNASDAQ:PNFPSynovus FinancialNYSE:SNVZions Bancorporation, National AssociationNASDAQ:ZIONUMB FinancialNASDAQ:UMBFView All CompetitorsInsiders & InstitutionsAcrisure Capital Management LLCBought 21,087 shares on 3/28/2023Ownership: 0.007%Michael L ScudderSold 25,000 sharesTotal: $450,000.00 ($18.00/share)Teachers Retirement System of The State of KentuckySold 3,158 shares on 2/22/2023Ownership: 0.016%Macquarie Group Ltd.Sold 310,713 shares on 2/21/2023Ownership: 1.708%Michael L ScudderSold 9,308 sharesTotal: $165,217.00 ($17.75/share)View All Insider TransactionsView All Institutional Transactions ONB Stock - Frequently Asked Questions Should I buy or sell Old National Bancorp stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Old National Bancorp in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ONB shares. View ONB analyst ratings or view top-rated stocks. What is Old National Bancorp's stock price forecast for 2023? 4 equities research analysts have issued 12 month price targets for Old National Bancorp's shares. Their ONB share price forecasts range from $16.00 to $23.00. On average, they expect the company's stock price to reach $20.25 in the next year. This suggests a possible upside of 40.2% 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 19.7% and is now trading at $14.44. 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, April 25th 2023. View our ONB earnings forecast. How were Old National Bancorp's earnings last quarter? Old National Bancorp (NASDAQ:ONB) issued its quarterly earnings results on Tuesday, January, 24th. The bank reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by $0.01. The bank had revenue of $622.86 million for the quarter, compared to analyst estimates of $471.30 million. Old National Bancorp had a trailing twelve-month return on equity of 11.30% and a net margin of 23.10%. During the same quarter last year, the business posted $0.34 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, February 22nd. Shareholders of record on Wednesday, March 1st will be paid a dividend of $0.14 per share on Wednesday, March 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.88%. The ex-dividend date of this dividend is Tuesday, February 28th. 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 First Trust Nasdaq Bank ETF (FTXO), First Trust NASDAQ ABA Community Bank Index Fund (QABA), 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), Direxion Daily Regional Banks Bull 3x Shares (DPST) and Invesco S&P MidCap Value with Momentum ETF (XMVM). 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 3.84%. 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. 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." Who are Old National Bancorp's major shareholders? Old National Bancorp's stock is owned by a number of retail and institutional investors. Top institutional investors include Fuller & Thaler Asset Management Inc. (6.72%), Dimensional Fund Advisors LP (5.08%), American Century Companies Inc. (2.77%), Geode Capital Management LLC (1.92%), Macquarie Group Ltd. (1.71%) and Pzena Investment Management LLC (1.40%). 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. View institutional ownership trends. 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 $14.44. How much money does Old National Bancorp make? Old National Bancorp (NASDAQ:ONB) has a market capitalization of $4.23 billion and generates $1.85 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. 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 3/29/2023 by MarketBeat.com Staff 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. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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