Connectone Bancorp Stock Analysis
CNOB Stock | USD 27.75 0.09 0.32% |
ConnectOne Bancorp is fairly valued with Real Value of 27.01 and Target Price of 22.8. The main objective of ConnectOne Bancorp stock analysis is to determine its intrinsic value, which is an estimate of what ConnectOne Bancorp is worth, separate from its market price. There are two main types of ConnectOne Bancorp's stock analysis: fundamental analysis and technical analysis.
The ConnectOne Bancorp stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and ConnectOne Bancorp's ongoing operational relationships across important fundamental and technical indicators.
ConnectOne |
ConnectOne Stock Analysis Notes
About 72.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.94. Some equities with similar Price to Book (P/B) outperform the market in the long run. ConnectOne Bancorp has Price/Earnings To Growth (PEG) ratio of 1.83. The entity last dividend was issued on the 15th of November 2024. The firm had 105:100 split on the 27th of April 2007. ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the Northern New Jersey and New York Metropolitan area, and South Florida market. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey. Connectone Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 434 people. For more info on ConnectOne Bancorp please contact the company at 201 816 8900 or go to https://www.connectonebank.com.ConnectOne Bancorp Quarterly Total Revenue |
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ConnectOne Bancorp Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. ConnectOne Bancorp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding ConnectOne Bancorp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
About 72.0% of the company shares are held by institutions such as insurance companies | |
Latest headline from americanbanker.com: Why community banks are struggling to expand loan portfolios |
ConnectOne Bancorp Upcoming and Recent Events
Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ConnectOne Bancorp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
25th of April 2024 Upcoming Quarterly Report | View | |
25th of July 2024 Next Financial Report | View | |
31st of March 2024 Next Fiscal Quarter End | View | |
23rd of January 2025 Next Fiscal Year End | View | |
31st of December 2023 Last Quarter Report | View | |
31st of December 2023 Last Financial Announcement | View |
ConnectOne Largest EPS Surprises
Earnings surprises can significantly impact ConnectOne Bancorp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2007-07-26 | 2007-06-30 | 0.06 | 0.07 | 0.01 | 16 | ||
2006-07-31 | 2006-06-30 | 0.09 | 0.1 | 0.01 | 11 | ||
2004-10-28 | 2004-09-30 | 0.18 | 0.2 | 0.02 | 11 |
ConnectOne Bancorp Environmental, Social, and Governance (ESG) Scores
ConnectOne Bancorp's ESG score is a quantitative measure that evaluates ConnectOne Bancorp's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of ConnectOne Bancorp's operations that may have significant financial implications and affect ConnectOne Bancorp's stock price as well as guide investors towards more socially responsible investments.
ConnectOne Stock Institutional Investors
Shares | Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 530.1 K | Banc Funds Co Llc | 2024-09-30 | 489.1 K | Charles Schwab Investment Management Inc | 2024-09-30 | 382.5 K | Northern Trust Corp | 2024-09-30 | 365.6 K | Manufacturers Life Insurance Co | 2024-09-30 | 308.9 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 305.9 K | Brandywine Global Investment Mgmt Llc | 2024-09-30 | 276.8 K | Stieven Capital Advisors, L.p. | 2024-09-30 | 259 K | Boothbay Fund Management, Llc | 2024-09-30 | 251.7 K | Blackrock Inc | 2024-06-30 | 4.3 M | Fmr Inc | 2024-09-30 | 3.1 M |
ConnectOne Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.06 B.ConnectOne Profitablity
The company has Profit Margin (PM) of 0.29 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.42 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.42.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.01 | 0.01 | |
Return On Capital Employed | 0.01 | 0.01 | |
Return On Assets | 0.01 | 0.01 | |
Return On Equity | 0.07 | 0.11 |
Management Efficiency
The current year's Return On Equity is expected to grow to 0.11, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, ConnectOne Bancorp's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 8.4 B, whereas Non Current Assets Total are forecasted to decline to about 492.6 M. ConnectOne Bancorp's management efficiency ratios could be used to measure how well ConnectOne Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.Last Reported | Projected for Next Year | ||
Book Value Per Share | 31.25 | 21.59 | |
Tangible Book Value Per Share | 25.75 | 19.79 | |
Enterprise Value Over EBITDA | 13.63 | 12.95 | |
Price Book Value Ratio | 0.73 | 0.70 | |
Enterprise Value Multiple | 13.63 | 12.95 | |
Price Fair Value | 0.73 | 0.70 | |
Enterprise Value | 1.5 B | 1.6 B |
The management team at ConnectOne Bancorp has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Dividend Yield 0.0259 | Operating Margin 0.4209 | Profit Margin 0.2924 | Forward Dividend Yield 0.0259 | Beta 1.237 |
Technical Drivers
As of the 29th of November, ConnectOne Bancorp shows the Mean Deviation of 1.81, downside deviation of 2.04, and Risk Adjusted Performance of 0.0727. ConnectOne Bancorp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.ConnectOne Bancorp Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ConnectOne Bancorp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for ConnectOne Bancorp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
ConnectOne Bancorp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ConnectOne Bancorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on ConnectOne Bancorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ConnectOne Bancorp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
ConnectOne Bancorp Outstanding Bonds
ConnectOne Bancorp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ConnectOne Bancorp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ConnectOne bonds can be classified according to their maturity, which is the date when ConnectOne Bancorp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
ConnectOne Bancorp Predictive Daily Indicators
ConnectOne Bancorp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ConnectOne Bancorp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
ConnectOne Bancorp Corporate Filings
13A | 8th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 7th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 5th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 24th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 23rd of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 10th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 18th of September 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 5th of September 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
ConnectOne Bancorp Forecast Models
ConnectOne Bancorp's time-series forecasting models are one of many ConnectOne Bancorp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ConnectOne Bancorp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About ConnectOne Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how ConnectOne Bancorp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ConnectOne shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as ConnectOne Bancorp. By using and applying ConnectOne Stock analysis, traders can create a robust methodology for identifying ConnectOne entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.43 | 0.29 | |
Operating Profit Margin | 0.43 | 0.30 | |
Net Profit Margin | 0.32 | 0.22 |
Current ConnectOne Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ConnectOne analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. ConnectOne analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
22.8 | Strong Buy | 4 | Odds |
Most ConnectOne analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ConnectOne stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ConnectOne Bancorp, talking to its executives and customers, or listening to ConnectOne conference calls.
ConnectOne Stock Analysis Indicators
ConnectOne Bancorp stock analysis indicators help investors evaluate how ConnectOne Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading ConnectOne Bancorp shares will generate the highest return on investment. By understating and applying ConnectOne Bancorp stock analysis, traders can identify ConnectOne Bancorp position entry and exit signals to maximize returns.
Begin Period Cash Flow | 268.3 M | |
Long Term Debt | 1 B | |
Common Stock Shares Outstanding | 39 M | |
Total Stockholder Equity | 1.2 B | |
Tax Provision | 36.1 M | |
Quarterly Earnings Growth Y O Y | -0.201 | |
Property Plant And Equipment Net | 42.8 M | |
Cash And Short Term Investments | 678.6 M | |
Cash | 242.7 M | |
Net Debt | 783.5 M | |
50 Day M A | 25.8614 | |
Total Current Liabilities | 13.2 M | |
Other Operating Expenses | 269.1 M | |
Non Current Assets Total | 892.8 M | |
Forward Price Earnings | 10.2145 | |
Non Currrent Assets Other | -892.8 M | |
Stock Based Compensation | 4.9 M |
Complementary Tools for ConnectOne Stock analysis
When running ConnectOne Bancorp's price analysis, check to measure ConnectOne Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ConnectOne Bancorp is operating at the current time. Most of ConnectOne Bancorp's value examination focuses on studying past and present price action to predict the probability of ConnectOne Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConnectOne Bancorp's price. Additionally, you may evaluate how the addition of ConnectOne Bancorp to your portfolios can decrease your overall portfolio volatility.
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