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ConnectOne Bancorp Inc

ConnectOne Bancorp Inc Stock Forecast & Price Prediction

Live ConnectOne Bancorp Inc Stock (CNOB) Price
$27.50

4

Ratings

  • Buy 3
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$27.50

P/E Ratio

15.90

Volume Traded Today

$135,500

Dividend

$0.18

52 Week High/low

29.31/17.07

ConnectOne Bancorp Inc Market Cap

$1.06B

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CNOB Summary

From what 4 stock analysts predict, the share price for ConnectOne Bancorp Inc (CNOB) might increase by 1.82% in the next year. This is based on a 12-month average estimation for CNOB. Price targets go from $25 to $30. The majority of stock analysts believe CNOB is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

CNOB Analyst Ratings

CNOB is a stock in Financial Services which has been forecasted to be worth $28 as an average. On the higher end, the forecast price is $30 USD by from and on the lower end CNOB is forecasted to be $25 by Frank Schiraldi from Piper Sandler.

CNOB stock forecast by analyst

These are the latest 20 analyst ratings of CNOB.

Analyst/Firm

Rating

Price Target

Change

Date

Timothy Switzer
Keefe, Bruyette & Woods

Market Perform

$26

Reiterates

Jul 26, 2024
Frank Schiraldi
Piper Sandler

Overweight

$25

Maintains

Jul 26, 2024
Timothy Switzer
Keefe, Bruyette & Woods

Market Perform

$22

Downgrade

May 31, 2024
Timothy Switzer
Keefe, Bruyette & Woods

Outperform

$24

Reiterates

Apr 26, 2024
Daniel Tamayo
Raymond James

Strong Buy

$28

Maintains

Jan 29, 2024
Michael Perito
Keefe, Bruyette & Woods

Outperform

$27

Maintains

Jan 26, 2024
Frank Schiraldi
Piper Sandler

Overweight

$25

Maintains

Jan 26, 2024
Daniel Tamayo
Raymond James

Strong Buy

$26

Upgrade

Jul 31, 2023
Michael Perito
Keefe, Bruyette & Woods

Outperform

$24

Maintains

May 1, 2023
Michael Perito
Keefe, Bruyette & Woods

Outperform

$26

Maintains

Apr 6, 2023
Matt Breese
Stephens & Co.

Overweight

$28

Maintains

Jan 30, 2023
Daniel Tamayo
Raymond James

Market Perform


Assumes

Dec 22, 2022
Matt Breese
Stephens & Co.

Overweight

$32

Maintains

Aug 2, 2022
William Wallace
Raymond James

Outperform

$28

Maintains

Jul 7, 2022
William Wallace
Raymond James

Outperform

$33

Maintains

Apr 29, 2022
William Wallace
Raymond James

Outperform

$38

Downgrade

Jan 31, 2022
William Wallace
Raymond James

Strong Buy

$40

Maintains

Jul 30, 2021

Seaport Global

Buy


Initiates

Feb 18, 2021
William Wallace
Raymond James

Strong Buy

$28

Maintains

Jan 29, 2021

Piper Sandler

Overweight


Initiates

Dec 17, 2020

CNOB Company Information

What They Do: Provides commercial banking products and services.

Business Model: ConnectOne Bancorp, Inc. operates as a bank holding company, primarily generating revenue through a variety of banking services for small and mid-sized businesses, professionals, and individuals. The bank makes money through fees from personal and business accounts, loans, credit services, and wealth management offerings.

Other Information: Headquartered in Englewood Cliffs, New Jersey, ConnectOne Bancorp has a strong presence in the New York Metropolitan area and South Florida market. The company was previously known as Center Bancorp, Inc. and rebranded in July 2014. With a diverse portfolio of financial products including personal banking, commercial loans, and treasury management services, it aims to cater to a wide range of customer needs.
CNOB
ConnectOne Bancorp Inc (CNOB)

When did it IPO

1996

Staff Count

487

Country

United States

Sector/Industry

Financial Services/Banks - Regional

CEO

Mr. Frank S. Sorrentino III

Market Cap

$1.06B

ConnectOne Bancorp Inc (CNOB) Financial Data

In 2023, CNOB generated $269.1M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CNOB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$269.1M

0.00 %
From Previous Year
  • Revenue TTM $248.6M
  • Operating Margin TTM 42.1%
  • Gross profit TTM $0
  • Return on assets TTM 0.8%
  • Return on equity TTM 6.0%
  • Profit Margin 29.2%
  • Book Value Per Share 29.50%
  • Market capitalisation $1.06B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $269.1M
  • EPS this year (TTM) $1.73

ConnectOne Bancorp Inc (CNOB) Latest News

News Image

Thu, 24 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - ConnectOne Bancorp, Inc. held its Q3 2024 earnings call on October 24, 2024, featuring executives including CEO Frank Sorrentino and CFO Bill Burns.

Why It Matters - ConnectOne Bancorp's Q3 earnings call provides insights into financial performance, strategic direction, and market positioning, which can influence stock valuation and investor sentiment.

News Image

Thu, 24 Oct 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - ConnectOne (CNOB) reported its quarterly performance for September 2024, suggesting a comparison of key metrics to Wall Street estimates and year-ago figures may be beneficial for investors.

Why It Matters - Comparing ConnectOne's metrics to Wall Street estimates and previous year values provides insights into growth, performance trends, and potential stock valuation changes.

News Image

Thu, 24 Oct 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - ConnectOne Bancorp (CNOB) reported Q3 earnings of $0.42 per share, below the Zacks Consensus Estimate of $0.45 and down from $0.51 per share year-over-year.

Why It Matters - ConnectOne Bancorp's earnings miss may signal weakening profitability, potentially impacting stock performance and investor confidence. Year-over-year decline raises concerns about growth prospects.

News Image

Thu, 10 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - ConnectOne Bancorp, Inc. will release its Q3 2024 financial results on October 24, 2024, before market open, followed by a conference call at 10:00 a.m. ET.

Why It Matters - ConnectOne Bancorp's upcoming earnings release and conference call can significantly impact stock performance and investor sentiment, offering insights into its financial health and future outlook.

News Image

Wed, 11 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Monteverde & Associates PC has successfully recovered funds for shareholders and was named a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report.

Why It Matters - Recognition of Monteverde & Associates as a top firm highlights their effectiveness in recovering funds for shareholders, potentially boosting investor confidence in class action outcomes.

News Image

Mon, 09 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - CNOB will acquire FLIC for $284 million in an all-stock deal to enhance its Long Island presence, expected to boost 2025 earnings by 36%.

Why It Matters - CNOB's acquisition of FLIC enhances market presence and is expected to significantly boost earnings in 2025, which could lead to increased shareholder value and stock performance.

...

CNOB Frequently asked questions

The highest forecasted price for CNOB is $30 from at .

The lowest forecasted price for CNOB is $25 from Frank Schiraldi from Piper Sandler

The CNOB analyst ratings consensus are 3 buy ratings, 1 hold ratings, and 0 sell ratings.