ConnectOne Bancorp, Inc. (CNOB)
NASDAQ: CNOB · IEX Real-Time Price · USD
24.92
+0.55 (2.26%)
Jul 26, 2024, 4:00 PM EDT - Market closed
ConnectOne Bancorp Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ConnectOne Bancorp stock have an average target of 26.5, with a low estimate of 25 and a high estimate of 28. The average target predicts an increase of 6.34% from the current stock price of 24.92.
Analyst Consensus: Buy
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 | Hold Reiterates $22 → $26 | Hold | Reiterates | $22 → $26 | +4.33% | Jul 26, 2024 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy → Hold Downgrades $24 → $22 | Buy → Hold | Downgrades | $24 → $22 | -11.72% | May 31, 2024 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Reiterates $27 → $24 | Buy | Reiterates | $27 → $24 | -3.69% | Apr 26, 2024 |
Raymond James | Raymond James | Strong Buy Maintains $26 → $28 | Strong Buy | Maintains | $26 → $28 | +12.36% | Jan 29, 2024 |
Piper Sandler | Piper Sandler | Buy Maintains $24 → $25 | Buy | Maintains | $24 → $25 | +0.32% | 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.