CNOB

ConnectOne Bancorp Inc

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Advanced Chart

22.610

-0.130(-0.570%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

22.800

Open

22.090

VWAP

22.46

Vol

110.33K

Mkt Cap

874.81M

Low

22.090

Amount

2.48M

EV/EBITDA(TTM)

Total Shares

38.33M

1.63B

EV/OCF(TTM)

P/S(TTM)

3.57

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

111.00M

+71.53%

0.723

+39.1%

107.43M

+76.45%

0.657

+56.35%

71.90M

+17.03%

0.490

+6.52%

Estimates Revision

The market is revising Downward the revenue expectations for ConnectOne Bancorp, Inc. (CNOB) for FY2025, with the revenue forecasts being adjusted by -1.21% over the past three months. During the same period, the stock price has changed by -9.81%.

Revenue Estimates for FY2025

Revise Downward

-1.21%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+2.85%

In Past 3 Month

Stock Price

Go Down

-9.81%

In Past 3 Month

1 Analyst Rating

41.53% Upside

Wall Street analysts forecast CNOB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CNOB is 32.00 USD with a low forecast of 32.00 USD and a high forecast of 32.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

0 Hold

0 Sell

Moderate Buy

41.53% Upside

Current: 22.610

Low

32.00

Averages

32.00

High

32.00

41.53% Upside

Current: 22.610

Low

32.00

Averages

32.00

High

32.00

Keefe, Bruyette & Woods

Timothy Switzer

Buy

Maintains

$32 → $31

2025-04-25

New

Reason

Keefe, Bruyette & Woods

Timothy Switzer

Price Target

$32 → $31

2025-04-25

New

Maintains

Buy

Reason

Keefe Bruyette analyst Timothy Switzer lowered the firm's price target on ConnectOne Bancorp to $31 from $32 and keeps an Outperform rating on the shares.

Keefe, Bruyette & Woods

Timothy Switzer

Hold

Buy

Upgrades

$31 → $32

2025-03-26

Reason

Keefe, Bruyette & Woods

Timothy Switzer

Price Target

$31 → $32

2025-03-26

Upgrades

Hold

Buy

Reason

Keefe Bruyette upgraded ConnectOne Bancorp (CNOB) to Outperform from Market Perform with a price target of $32, up from $31. The shares are trading at "considerable discounts" to both peers and its historical medians despite key metrics broadly screening in the top quartile of the SMID-cap bank sector, the analyst tells investors in a research note. The firm also sees several potential catalysts this year that could drive the stock higher, particularly accretion from the close of the First of Long Island (FLIC) merger, organic net interest margin expansion, and benefits from additional interest rate cuts.

Keefe, Bruyette & Woods

Timothy Switzer

Hold

Maintains

$28 → $31

2024-12-04

Reason

Keefe, Bruyette & Woods

Timothy Switzer

Price Target

$28 → $31

2024-12-04

Maintains

Hold

Reason

Piper Sandler

Frank Schiraldi

Buy

Maintains

$22 → $25

2024-07-26

Reason

Piper Sandler

Frank Schiraldi

Price Target

$22 → $25

2024-07-26

Maintains

Buy

Reason

Keefe, Bruyette & Woods

Timothy Switzer

Hold

Reiterates

$22 → $26

2024-07-26

Reason

Keefe, Bruyette & Woods

Timothy Switzer

Price Target

$22 → $26

2024-07-26

Reiterates

Hold

Reason

Keefe, Bruyette & Woods

Timothy Switzer

Buy

Hold

Downgrades

$24 → $22

2024-05-31

Reason

Keefe, Bruyette & Woods

Timothy Switzer

Price Target

$24 → $22

2024-05-31

Downgrades

Buy

Hold

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for ConnectOne Bancorp Inc (CNOB.O) is 8.81, compared to its 5-year average forward P/E of 9.85. For a more detailed relative valuation and DCF analysis to assess ConnectOne Bancorp Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

9.85

Current PE

8.81

Overvalued PE

11.71

Undervalued PE

7.99

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Undervalued

5Y Average PS

3.27

Current PS

2.18

Overvalued PS

3.98

Undervalued PS

2.55

Financials

Annual

Quarterly

FY2025Q1

YoY :

+8.23%

63.72M

Total Revenue

FY2025Q1

YoY :

+24.02%

28.52M

Operating Profit

FY2025Q1

YoY :

+17.65%

20.24M

Net Income after Tax

FY2025Q1

YoY :

+19.51%

0.49

EPS - Diluted

FY2024Q4

YoY :

+165.90%

326.00M

Free Cash Flow

FY2025Q1

YoY :

-100.00%

N/A

FCF Margin - %

FY2025Q1

YoY :

+8.73%

31.77

Net Margin - %

FY2025Q1

YoY :

-0.81%

3.66

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

0-3

Months

0.0

Volume

3-6

Months

0.0

Volume

6-9

Months

0.0

Volume

0-12

Months

0.0

Volume

Bought

0-3

0.0

Volume

Months

3-6

0.0

Volume

Months

6-9

0.0

Volume

Months

0-12

0.0

Volume

Months

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

CNOB News & Events

Events Timeline

2025-04-24 (ET)

2025-04-24

07:01:54

ConnectOne Bancorp reports Q1 operating EPS 51c, consensus 46c

2025-02-14 (ET)

2025-02-14

16:26:59

ConnectOne Bancorp, First of Long Island shareholders approve proposed merger

2025-01-30 (ET)

2025-01-30

06:09:25

ConnectOne Bancorp reports Q4 operating EPS 52c, consensus 43c

News

4.0

04-25Benzinga

Keefe, Bruyette & Woods Maintains Outperform on ConnectOne Bancorp, Lowers Price Target to $31

9.5

04-10Newsfilter

ConnectOne Bancorp, Inc. to Host 2025 First Quarter Results Conference Call on April 24, 2025

4.0

03-26Benzinga

ConnectOne Bancorp Shares Are Rarely This Cheap, Analyst Upgrades Stock And Price Forecast

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USD

-1.22%

FAQ

What is ConnectOne Bancorp Inc (CNOB) stock price today?

The current price of CNOB is 22.61 USD — it has decreased -0.57 % in the last trading day.

CNOB

Market Estimates

Valuation Metrics

Forward PE

Forward EV/EBITDA

Forward PS

Financials

Trading Trends

CNOB News & Events

Events Timeline

News

People Also Watch

FAQ

What is ConnectOne Bancorp Inc (CNOB) stock price today?

What is ConnectOne Bancorp Inc (CNOB)'s business?

What is the price predicton of CNOB Stock?

What is ConnectOne Bancorp Inc (CNOB)'s revenue for the last quarter?

What is ConnectOne Bancorp Inc (CNOB)'s earnings per share (EPS) for the last quarter?

What changes have occurred in the market's expectations for ConnectOne Bancorp Inc (CNOB)'s fundamentals?

How many employees does ConnectOne Bancorp Inc (CNOB). have?

What is ConnectOne Bancorp Inc (CNOB) market cap?