ConnectOne/CNOB

-0.9%
-
1D1W1MYTD1YMAX

About ConnectOne

ConnectOne Bancorp, Inc. is a financial services company. It operates through its bank subsidiary, ConnectOne Bank. ConnectOne Bank is a commercial bank offering a full suite of deposit and loan products and services to the general public, primarily to small and mid-sized businesses, local professionals and individuals residing, working and conducting business in the New York Metropolitan area and the South Florida market served by its West Palm Beach office. Its products and services include personal and business checking accounts, money market accounts, time and savings accounts, credit cards, wire transfers, safe deposit boxes, access to automated teller services and telephone, Internet and mobile banking. It also offers consumer and commercial business loans on a secured and unsecured basis, revolving lines of credit, commercial mortgage loans, and residential mortgages on both primary and secondary residences, home equity loans, bridge loans and other personal purpose loans.

Ticker

CNOB

Sector

Financials

Trading on

NASDAQ

Industry

Money Center Banks

CEO

Frank Sorrentino

Employees

487

Headquarters

Englewd clfs, United States

ConnectOne Metrics

BasicAdvanced
US$810M
Market cap
11.21
P/E ratio
US$1.88
EPS
1.29
Beta
US$0.68
Dividend rate
3.41%
Dividend yield
US$810M
1.29184
US$24.44
US$13.15
152K
US$0.68
6.54
6.54
36.13%
0.8%
6.68%
11.214
3.074
0.732
0.807
13.513
1.92%
3.22%
3.41%
22.55%
-34.23%
16.72%
5.02%
22.7%

What the Analysts think about ConnectOne

Analyst Ratings

Majority rating from 5 analysts.
Buy

Price Targets

Average projection from 5 analysts.
16.58% upside
High US$27.00
Low US$22.00
US$20.93
Current price
US$24.40
Average price target

ConnectOne Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
12.89% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
US$133M
0.23%
Net income
US$17M
-10.42%
Profit margin
12.89%
-10.61%

ConnectOne Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 1.63%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
US$0.51
US$0.51
US$0.46
US$0.41
-
Expected
US$0.48
US$0.50
US$0.45
US$0.42
US$0.41
Surprise
6.14%
2.41%
2.18%
-1.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for ConnectOne stock?

ConnectOne (CNOB) has a market cap of $810M as of May 20, 2024.

What is the P/E ratio for ConnectOne stock?

The price to earnings (P/E) ratio for ConnectOne (CNOB) stock is 11.21 as of May 20, 2024.

Does ConnectOne stock pay dividends?

Yes, the ConnectOne (CNOB) stock pays dividends to shareholders. As of May 20, 2024, the dividend rate is $0.68 and the yield is 3.41%. ConnectOne has a payout ratio of 36.13% on a trailing twelve-month basis.

When is the next ConnectOne dividend payment date?

The next ConnectOne (CNOB) dividend payment is scheduled for June 03, 2024.

What is the beta indicator for ConnectOne?

ConnectOne (CNOB) has a beta rating of 1.29. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the ConnectOne stock price target?

The target price for ConnectOne (CNOB) stock is $24.4, which is 17.87% above the current price of $20.7. This is an average based on projections from 5 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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