ConnectOne Bancorp, Inc. (CNOB)
NASDAQ: CNOB · IEX Real-Time Price · USD
22.30
+0.11 (0.50%)
At close: Jul 19, 2024, 4:00 PM
22.19
-0.11 (-0.49%)
Pre-market: Jul 20, 2024, 9:27 AM EDT
ConnectOne Bancorp Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ConnectOne Bancorp stock have an average target of 25.5, with a low estimate of 22 and a high estimate of 28. The average target predicts an increase of 14.35% from the current stock price of 22.30.
Analyst Consensus: Buy
* Price targets were last updated on May 31, 2024.
Analyst Ratings
The average analyst rating for CNOB stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy → Hold Downgrades $24 → $22 | Buy → Hold | Downgrades | $24 → $22 | -1.35% | May 31, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Reiterates $27 → $24 | Buy | Reiterates | $27 → $24 | +7.62% | Apr 26, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $26 → $28 | Strong Buy | Maintains | $26 → $28 | +25.56% | Jan 29, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $24 → $25 | Buy | Maintains | $24 → $25 | +12.11% | Jan 26, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $25 → $27 | Buy | Maintains | $25 → $27 | +21.08% | Jan 26, 2024 |
Financial Forecast
Revenue This Year
255.60M
from 260.91M
Decreased by -2.03%
Revenue Next Year
285.67M
from 255.60M
Increased by 11.76%
EPS This Year
1.74
from 2.07
Decreased by -16.03%
EPS Next Year
2.11
from 1.74
Increased by 21.52%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 265.7M | 302.8M |
| Avg | 255.6M | 285.7M |
| Low | 243.5M | 268.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 1.8% | 18.5% |
| Avg | -2.0% | 11.8% |
| Low | -6.7% | 4.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.94 | 2.29 |
| Avg | 1.74 | 2.11 |
| Low | 1.61 | 1.92 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -6.4% | 31.7% |
| Avg | -16.0% | 21.5% |
| Low | -22.4% | 10.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.