ConnectOne Bancorp Inc.

21.80
-2.36 (-9.77%)
At close: Apr 03, 2025, 3:59 PM
21.82
0.07%
After-hours: Apr 03, 2025, 04:19 PM EDT

ConnectOne Bancorp Statistics

Share Statistics

ConnectOne Bancorp has 38.37M shares outstanding. The number of shares has increased by 0.11% in one year.

Shares Outstanding 38.37M
Shares Change (YoY) 0.11%
Shares Change (QoQ) 0.01%
Owned by Institutions (%) 64.59%
Shares Floating 35.17M
Failed to Deliver (FTD) Shares 1.23K
FTD / Avg. Volume 0.63%

Short Selling Information

The latest short interest is 602.02K, so 1.57% of the outstanding shares have been sold short.

Short Interest 602.02K
Short % of Shares Out 1.57%
Short % of Float 1.71%
Short Ratio (days to cover) 2.66

Valuation Ratios

The PE ratio is 11.88 and the forward PE ratio is 10.65. ConnectOne Bancorp's PEG ratio is 12.3.

PE Ratio 11.88
Forward PE 10.65
PS Ratio 1.69
Forward PS 1.9
PB Ratio 0.71
P/FCF Ratio 14.44
PEG Ratio 12.3
Financial Ratio History

Enterprise Valuation

ConnectOne Bancorp has an Enterprise Value (EV) of 834.45M.

EV / Sales 1.61
EV / EBITDA 0
EV / EBIT 13.75
EV / FCF 13.75

Financial Position

The company has a current ratio of 574.8, with a Debt / Equity ratio of 0.01.

Current Ratio 574.8
Quick Ratio 574.8
Debt / Equity 0.01
Debt / EBITDA -
Debt / FCF 0.26
Interest Coverage 1.91

Financial Efficiency

Return on Equity is 5.94% and Return on Invested Capital is 4.22%.

Return on Equity 5.94%
Return on Assets 0.75%
Return on Invested Capital 4.22%
Revenue Per Employee $1.06M
Profits Per Employee $150.91K
Employee Count 489
Asset Turnover 0.05
Inventory Turnover n/a

Taxes

Income Tax 24.67M
Effective Tax Rate 25.06%

Stock Price Statistics

The stock price has increased by 28.49% in the last 52 weeks. The beta is 1.28, so ConnectOne Bancorp's price volatility has been higher than the market average.

Beta 1.28
52-Week Price Change 28.49%
50-Day Moving Average 24.73
200-Day Moving Average 24.03
Relative Strength Index (RSI) 49.5
Average Volume (20 Days) 193.75K

Income Statement

In the last 12 months, ConnectOne Bancorp had revenue of 517.89M and earned 73.79M in profits. Earnings per share was 2.09.

Revenue 517.89M
Gross Profit 517.89M
Operating Income 515.47M
Net Income 73.79M
EBITDA 0
EBIT -5.66M
Earnings Per Share (EPS) 2.09
Full Income Statement

Balance Sheet

The company has 57.82M in cash and 15.5M in debt, giving a net cash position of 42.32M.

Cash & Cash Equivalents 57.82M
Total Debt 15.5M
Net Cash 42.32M
Retained Earnings 631.45M
Total Assets 9.88B
Working Capital 390.7M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 60.7M and capital expenditures 0, giving a free cash flow of 60.7M.

Operating Cash Flow 60.7M
Capital Expenditures 0
Free Cash Flow 60.7M
FCF Per Share 1.59
Full Cash Flow Statement

Margins

Gross margin is 100%, with operating and profit margins of 99.53% and 14.25%.

Gross Margin 100%
Operating Margin 99.53%
Pretax Margin 19.01%
Profit Margin 14.25%
EBITDA Margin n/a
EBIT Margin 99.53%
FCF Margin 11.72%

Dividends & Yields

CNOB pays an annual dividend of $0.72, which amounts to a dividend yield of 2.68%.

Dividend Per Share $0.72
Dividend Yield 2.68%
Dividend Growth (YoY) 5.88%
Payout Ratio 40.91%
Earnings Yield 8.42%
FCF Yield 6.92%
Dividend Details

Analyst Forecast

The average price target for CNOB is $28.5, which is 17.7% higher than the current price. The consensus rating is "Buy".

Price Target $28.5
Price Target Difference 17.7%
Analyst Consensus Buy
Analyst Count 2
Stock Forecasts

Stock Splits

The last stock split was on Apr 27, 2007. It was a forward split with a ratio of 21:20.

Last Split Date Apr 27, 2007
Split Type forward
Split Ratio 21:20

Scores

Altman Z-Score 0.27
Piotroski F-Score 6