NASDAQ:ONBOld National Bancorp Stock Price, Forecast & News

Old National Bancorp's stock was trading at $13.85 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ONB stock has decreased by 5.1% and is now trading at $13.14. View which stocks have been most 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Old National Bancorp.

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

Old National Bancorp (NASDAQ:ONB) posted its quarterly earnings results on Monday, April, 20th. The bank reported $0.25 earnings per share for the quarter, missing analysts' consensus estimates of $0.27 by $0.02. The bank earned $199.40 million during the quarter, compared to analysts' expectations of $194.70 million. Old National Bancorp had a return on equity of 8.21% and a net margin of 22.00%. Old National Bancorp's revenue was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.33 earnings per share. View Old National Bancorp's earnings history.

Old National Bancorp declared a quarterly dividend on Thursday, April 30th. Stockholders of record on Monday, June 1st will be given a dividend of $0.14 per share on Monday, June 15th. This represents a $0.56 annualized dividend and a yield of 4.26%. The ex-dividend date of this dividend is Friday, May 29th. View Old National Bancorp's dividend history.

2 Wall Street 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 expect Old National Bancorp's share price to reach $19.00 in the next year. This suggests a possible upside of 44.6% from the stock's current price. View analysts' price targets for Old National Bancorp.

News stories about ONB stock have trended negative recently, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Old National Bancorp earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Old National Bancorp.

Old National Bancorp saw a increase in short interest in June. As of June 30th, there was short interest totaling 6,740,000 shares, an increase of 7.8% from the June 15th total of 6,250,000 shares. Based on an average trading volume of 964,400 shares, the days-to-cover ratio is currently 7.0 days. Currently, 4.2% of the shares of the stock are sold short. View Old National Bancorp's Current Options Chain.

Some companies that are related to Old National Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors.

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), Ford Motor (F), Intel (INTC), KeyCorp (KEY), Altria Group (MO), QUALCOMM (QCOM) 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 $13.14.

Old National Bancorp has a market capitalization of $2.16 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.

The official website for Old National Bancorp is 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]