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The closing price of ConnectOne Bancorp Inc (NASDAQ: CNOB) was $23.48 for the day, down -4.24% from the previous closing price of $24.52. In other words, the price has decreased by -$4.24 from its previous closing price. On the day, 0.78 million shares were traded. CNOB stock price reached its highest trading level at $24.645 during the session, while it also had its lowest trading level at $23.33.
Ratios:
Our analysis of CNOB’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.73 whereas as Long-Term Debt/Eq ratio is at 0.73.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Hovde Group on April 24, 2025, Reiterated its Outperform rating but revised its target price to $29.50 from $29 previously.
On March 26, 2025, Keefe Bruyette Upgraded its rating to Outperform which previously was Mkt Perform and also upped its target price recommendation from $31 to $32.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNOB now has a Market Capitalization of 1178850944 and an Enterprise Value of 1594531200. As of this moment, ConnectOne’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.80, and their Forward P/E ratio for the next fiscal year is 7.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.22 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 6.593.
Stock Price History:
The Beta on a monthly basis for CNOB is 1.16, which has changed by -0.030553281 over the last 52 weeks, in comparison to a change of 0.15366066 over the same period for the S&P500. Over the past 52 weeks, CNOB has reached a high of $29.31, while it has fallen to a 52-week low of $20.08. The 50-Day Moving Average of the stock is -0.64%, while the 200-Day Moving Average is calculated to be -3.57%.
Shares Statistics:
CNOB traded an average of 265.65K shares per day over the past three months and 363330 shares per day over the past ten days. A total of 50.27M shares are outstanding, with a floating share count of 46.12M. Insiders hold about 8.14% of the company’s shares, while institutions hold 55.30% stake in the company. Shares short for CNOB as of 1752537600 were 663546 with a Short Ratio of 2.50, compared to 1749772800 on 826332. Therefore, it implies a Short% of Shares Outstanding of 663546 and a Short% of Float of 1.54.
Dividends & Splits
With its trailing 12-month dividend rate of 0.36, CNOB has a forward annual dividend rate of 0.72. Against a Trailing Annual Dividend Yield of 0.0146818925The stock’s 5-year Average Dividend Yield is 2.53. The current Payout Ratio is 41.00% for CNOB, which recently paid a dividend on 2025-05-15 with an ex-dividend date of 2025-08-15. Stock splits for the company last occurred on 2007-04-27 when the company split stock in a 105:100 ratio.
Earnings Estimates
The stock of ConnectOne Bancorp Inc (CNOB) is currently in the spotlight, with 3.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $0.72, with high estimates of $0.74 and low estimates of $0.69.
Analysts are recommending an EPS of between $2.6 and $2.47 for the fiscal current year, implying an average EPS of $2.54. EPS for the following year is $3.22, with 4.0 analysts recommending between $3.32 and $3.06.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $111M to a low estimate of $111M. As of the current estimate, ConnectOne Bancorp Inc’s year-ago sales were $60.89MFor the next quarter, 1 analysts are estimating revenue of $115M. There is a high estimate of $115M for the next quarter, whereas the lowest estimate is $115M.
A total of 1 analysts have provided revenue estimates for CNOB’s current fiscal year. The highest revenue estimate was $382M, while the lowest revenue estimate was $382M, resulting in an average revenue estimate of $382M. In the same quarter a year ago, actual revenue was $247.34MBased on 1 analysts’ estimates, the company’s revenue will be $485M in the next fiscal year. The high estimate is $485M and the low estimate is $485M.
