ConnectOne Bancorp, Inc. (CNOB)

NASDAQ: CNOB · IEX Real-Time Price · USD
24.83
-0.11 (-0.44%)
Jul 6, 2022 9:36 AM EDT - Market open

Total Valuation

CNOB has a market cap or net worth of $981.39 million. The enterprise value is $1.25 billion.

Market Cap 981.39M
Enterprise Value 1.25B

Important Dates

The next earnings date is Thursday, August 4, 2022, before market open.

Estimated Earnings Date Aug 4, 2022
Ex-Dividend Date May 13, 2022

Share Statistics

CNOB has 39.52 million shares outstanding. The number of shares has decreased by -0.45% in one year.

Shares Outstanding 39.52M
Shares Change (YoY) -0.45%
Shares Change (QoQ) +0.01%
Owned by Insiders (%) 10.26%
Owned by Institutions (%) 70.23%
Float 35.43M

Valuation Ratios

The trailing PE ratio is 7.88 and the forward PE ratio is 10.21. CNOB's PEG ratio is 1.83.

PE Ratio 7.88
Forward PE 10.21
PS Ratio 3.44
PB Ratio 0.86
P/FCF Ratio 5.96
PEG Ratio 1.83
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.94, with a EV/FCF ratio of 7.58.

EV / Earnings 9.93
EV / Sales 4.36
EV / EBITDA 6.94
EV / EBIT 7.17
EV / FCF 7.58

Financial Position

The company has a current ratio of n/a, with a Debt / Equity ratio of 0.51.

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.51
Debt / EBITDA 3.21
Debt / FCF 3.51

Financial Efficiency

Return on equity (ROE) is 11.60%, which is not very high. The company has a high ROIC of 2.20%.

Return on Equity (ROE) 11.60%
Return on Assets (ROA) 1.60%
Return on Capital (ROIC) 2.20%
Revenue Per Employee $695,075
Profits Per Employee $305,375
Employee Count 411
Asset Turnover 0.04
Inventory Turnover n/a

Taxes

In the past 12 months, CNOB has paid $45.19 million in taxes.

Income Tax 45.19M
Effective Tax Rate 26.47%

Stock Price Statistics

The stock price has decreased by -3.54% in the last 52 weeks. The beta is 1.25, so CNOB's price volatility has been higher than the market average.

Beta (1Y) 1.25
52-Week Price Change -3.54%
50-Day Moving Average 26.15
200-Day Moving Average 30.54
Average Volume (30 Days) 166,576

Short Selling Information

The latest short interest is 639,004, so 1.62% of the outstanding shares have been sold short.

Short Interest 639,004
Short % of Shares Out 1.62%
Short % of Float 1.80%
Short Ratio (days to cover) 4.18

Income Statement

In the last 12 months, CNOB had revenue of $285.68 million and earned 125.51 million in profits. Earnings per share was $3.15.

Revenue 285.68M
Gross Profit 285.68M
Operating Income 176.79M
Pretax Income 173.92M
Net Income 128.74M
Net Income Common 125.51M
EBITDA 179.69M
EBIT 173.92M
Earnings Per Share (EPS) $3.15
Full Income Statement

Balance Sheet

The company has $311.54 million in cash and $576.97 million in debt, giving a net cash position of -$265.43 million or -$6.72 per share.

Cash & Cash Equivalents 311.54M
Total Debt 576.97M
Net Cash -265.43M
Net Cash Per Share -$6.72
Book Value 1.14B
Book Value Per Share 28.81
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $167.99 million and capital expenditures -$3.43 million, giving a free cash flow of $164.55 million.

Operating Cash Flow 167.99M
Capital Expenditures -3.43M
Free Cash Flow 164.55M
FCF Per Share $4.16
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 61.88% and 43.93%.

Gross Margin 100.00%
Operating Margin 61.88%
Pretax Margin 60.88%
Profit Margin 43.93%
EBITDA Margin 62.90%
EBIT Margin 60.88%
FCF Margin 57.60%

Dividends & Yields

This stock pays an annual dividend of $0.53, which amounts to a dividend yield of 2.11%.

Dividend Per Share $0.53
Dividend Yield 2.11%
Earnings Yield 12.79%
FCF Yield 16.77%
Dividend Growth (YoY) 44.44%
Payout Ratio 15.10%
Buyback Yield n/a
Shareholder Yield 2.11%
Dividend Details

Analyst Forecast

The average price target for CNOB is $36.98, which is 48.93% higher than the current price. The consensus rating is "Buy".

Price Target $36.98
Price Target Difference 48.93%
Analyst Consensus Buy
Analyst Count 10
Stock Forecasts

Stock Splits

The last stock split was on April 27, 2007. It was a forward split with a ratio of 105:100.

Last Split Date Apr 27, 2007
Split Type Forward
Split Ratio 105:100