ConnectOne Bancorp Inc. (CNOB)
ConnectOne Bancorp Statistics
Share Statistics
ConnectOne Bancorp has 38.47M shares outstanding. The number of shares has increased by 0.11% in one year.
| Shares Outstanding | 38.47M |
| Shares Change (YoY) | 0.11% |
| Shares Change (QoQ) | 0.01% |
| Owned by Institutions (%) | 64.59% |
| Shares Floating | 35.26M |
| Failed to Deliver (FTD) Shares | 6 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 999K, so 2.6% of the outstanding shares have been sold short.
| Short Interest | 999K |
| Short % of Shares Out | 2.6% |
| Short % of Float | 2.78% |
| Short Ratio (days to cover) | 4.85 |
Valuation Ratios
The PE ratio is 11.88 and the forward PE ratio is 6.79. ConnectOne Bancorp's PEG ratio is -0.82.
| PE Ratio | 11.88 |
| Forward PE | 6.79 |
| PS Ratio | 1.69 |
| Forward PS | 1.8 |
| PB Ratio | 0.71 |
| P/FCF Ratio | 14.44 |
| PEG Ratio | -0.82 |
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 23.19% in the last 52 weeks. The beta is 1.08, so ConnectOne Bancorp's price volatility has been higher than the market average.
| Beta | 1.08 |
| 52-Week Price Change | 23.19% |
| 50-Day Moving Average | 23.69 |
| 200-Day Moving Average | 24.3 |
| Relative Strength Index (RSI) | 51.99 |
| Average Volume (20 Days) | 201.83K |
Income Statement
In the last 12 months, ConnectOne Bancorp had revenue of 517.89M and earned 73.79M in profits. Earnings per share was 1.77.
| Revenue | 517.89M |
| Gross Profit | 517.89M |
| Operating Income | 515.47M |
| Net Income | 73.79M |
| EBITDA | 0 |
| EBIT | -5.66M |
| Earnings Per Share (EPS) | 1.77 |
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 |
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 |
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% |
Analyst Forecast
The average price target for CNOB is $28.5, which is 25.3% higher than the current price. The consensus rating is "Buy".
| Price Target | $28.5 |
| Price Target Difference | 25.3% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
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 | 0.26 |
| Piotroski F-Score | 6 |