ConnectOne Bancorp, Inc. (CNOB)

ConnectOne Bancorp Statistics

Total Valuation

CNOB has a market cap or net worth of $879.26 million. The enterprise value is $1.44 billion.

Market Cap	879.26M
Enterprise Value	1.44B

Important Dates

The next confirmed earnings date is Thursday, January 30, 2025, before market open.

Earnings Date	Jan 30, 2025
Ex-Dividend Date	Nov 15, 2024

Share Statistics

CNOB has 38.26 million shares outstanding. The number of shares has decreased by -1.59% in one year.

Current Share Class	38.26M
Shares Outstanding	38.26M
Shares Change (YoY)	-1.59%
Shares Change (QoQ)	+0.20%
Owned by Insiders (%)	6.71%
Owned by Institutions (%)	70.66%
Float	35.69M

Valuation Ratios

The trailing PE ratio is 13.29 and the forward PE ratio is 11.89.

PE Ratio	13.29
Forward PE	11.89
PS Ratio	3.54
Forward PS	2.90
PB Ratio	0.78
P/TBV Ratio	0.96
P/FCF Ratio	16.98
P/OCF Ratio	15.48
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	21.66
EV / Sales	5.79
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	27.81

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	16.17
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 5.99%.

Return on Equity (ROE)	5.99%
Return on Assets (ROA)	0.75%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$498,279
Profits Per Employee	$133,206
Employee Count	499
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, CNOB has paid $24.80 million in taxes.

Income Tax	24.80M
Effective Tax Rate	25.44%

Stock Price Statistics

The stock price has increased by +2.54% in the last 52 weeks. The beta is 1.29, so CNOB's price volatility has been higher than the market average.

Beta (5Y)	1.29
52-Week Price Change	+2.54%
50-Day Moving Average	25.40
200-Day Moving Average	22.57
Relative Strength Index (RSI)	44.37
Average Volume (20 Days)	218,278

Short Selling Information

The latest short interest is 618,658, so 1.62% of the outstanding shares have been sold short.

Short Interest	618,658
Short Previous Month	622,379
Short % of Shares Out	1.62%
Short % of Float	1.73%
Short Ratio (days to cover)	2.95

Income Statement

In the last 12 months, CNOB had revenue of $248.64 million and earned $66.47 million in profits. Earnings per share was $1.73.

Revenue	248.64M
Gross Profit	248.64M
Operating Income	108.83M
Pretax Income	102.95M
Net Income	66.47M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$1.73

Balance Sheet

The company has $276.75 million in cash and $837.20 million in debt, giving a net cash position of -$560.45 million or -$14.65 per share.

Cash & Cash Equivalents	276.75M
Total Debt	837.20M
Net Cash	-560.45M
Net Cash Per Share	-$14.65
Equity (Book Value)	1.24B
Book Value Per Share	29.50
Working Capital	-7.81B

Cash Flow

In the last 12 months, operating cash flow was $56.79 million and capital expenditures -$5.02 million, giving a free cash flow of $51.77 million.

Operating Cash Flow	56.79M
Capital Expenditures	-5.02M
Free Cash Flow	51.77M
FCF Per Share	$1.35

Margins

Gross Margin	n/a
Operating Margin	43.77%
Pretax Margin	39.21%
Profit Margin	29.24%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	20.82%

Dividends & Yields

This stock pays an annual dividend of $0.72, which amounts to a dividend yield of 3.13%.

Dividend Per Share	$0.72
Dividend Yield	3.13%
Dividend Growth (YoY)	6.77%
Years of Dividend Growth	6
Payout Ratio	41.63%
Buyback Yield	1.59%
Shareholder Yield	4.72%
Earnings Yield	7.56%
FCF Yield	5.89%

Analyst Forecast

The average price target for CNOB is $27.75, which is 20.76% higher than the current price. The consensus rating is "Buy".

Price Target	$27.75
Price Target Difference	20.76%
Analyst Consensus	Buy
Analyst Count	4
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on April 27, 2007. It was a forward split with a ratio of 1.05:1.

Last Split Date	Apr 27, 2007
Split Type	Forward
Split Ratio	1.05:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	3