ConnectOne Bancorp, Inc. (CNOB)

ConnectOne Bancorp Statistics

Total Valuation

CNOB has a market cap or net worth of $878.92 million. The enterprise value is $1.27 billion.

Market Cap	878.92M
Enterprise Value	1.27B

Important Dates

The next estimated earnings date is Thursday, April 24, 2025, before market open.

Earnings Date	Apr 24, 2025
Ex-Dividend Date	Feb 18, 2025

Share Statistics

CNOB has 38.26 million shares outstanding. The number of shares has decreased by -1.23% in one year.

Current Share Class	38.26M
Shares Outstanding	38.26M
Shares Change (YoY)	-1.23%
Shares Change (QoQ)	-0.01%
Owned by Insiders (%)	6.71%
Owned by Institutions (%)	71.55%
Float	35.70M

Valuation Ratios

The trailing PE ratio is 13.05 and the forward PE ratio is 9.55.

PE Ratio	13.05
Forward PE	9.55
PS Ratio	3.51
Forward PS	2.46
PB Ratio	0.78
P/TBV Ratio	0.96
P/FCF Ratio	15.44
P/OCF Ratio	14.48
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	18.79
EV / Sales	5.07
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	22.32

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	13.79
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 6.00%.

Return on Equity (ROE)	6.00%
Return on Assets (ROA)	0.75%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	$507,637
Profits Per Employee	$137,059
Employee Count	493
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, CNOB has paid $24.67 million in taxes.

Income Tax	24.67M
Effective Tax Rate	25.06%

Stock Price Statistics

The stock price has increased by +17.07% in the last 52 weeks. The beta is 1.28, so CNOB's price volatility has been higher than the market average.

Beta (5Y)	1.28
52-Week Price Change	+17.07%
50-Day Moving Average	24.38
200-Day Moving Average	23.61
Relative Strength Index (RSI)	31.60
Average Volume (20 Days)	171,416

Short Selling Information

The latest short interest is 774,645, so 2.02% of the outstanding shares have been sold short.

Short Interest	774,645
Short Previous Month	642,503
Short % of Shares Out	2.02%
Short % of Float	2.17%
Short Ratio (days to cover)	3.69

Income Statement

In the last 12 months, CNOB had revenue of $250.27 million and earned $67.57 million in profits. Earnings per share was $1.76.

Revenue	250.27M
Gross Profit	250.27M
Operating Income	108.98M
Pretax Income	102.95M
Net Income	67.57M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$1.76

Balance Sheet

The company has $393.89 million in cash and $784.89 million in debt, giving a net cash position of -$391.00 million or -$10.22 per share.

Cash & Cash Equivalents	393.89M
Total Debt	784.89M
Net Cash	-391.00M
Net Cash Per Share	-$10.22
Equity (Book Value)	1.24B
Book Value Per Share	29.56
Working Capital	-8.04B

Cash Flow

In the last 12 months, operating cash flow was $60.70 million and capital expenditures -$3.79 million, giving a free cash flow of $56.91 million.

Operating Cash Flow	60.70M
Capital Expenditures	-3.79M
Free Cash Flow	56.91M
FCF Per Share	$1.49

Margins

Gross Margin	n/a
Operating Margin	43.55%
Pretax Margin	39.35%
Profit Margin	29.49%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	22.74%

Dividends & Yields

This stock pays an annual dividend of $0.72, which amounts to a dividend yield of 3.14%.

Dividend Per Share	$0.72
Dividend Yield	3.14%
Dividend Growth (YoY)	5.88%
Years of Dividend Growth	6
Payout Ratio	40.91%
Buyback Yield	1.23%
Shareholder Yield	4.37%
Earnings Yield	7.69%
FCF Yield	6.47%

Analyst Forecast

The average price target for CNOB is $28.00, which is 21.90% higher than the current price. The consensus rating is "Buy".

Price Target	$28.00
Price Target Difference	21.90%
Analyst Consensus	Buy
Analyst Count	2
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