ConnectOne Bancorp Statistics
Total Valuation
CNOB has a market cap or net worth of $702.79 million. The enterprise value is $1.49 billion.
| Market Cap | 702.79M |
| Enterprise Value | 1.49B |
Important Dates
The last earnings date was Thursday, April 25, 2024, before market open.
| Earnings Date | Apr 25, 2024 |
| Ex-Dividend Date | May 14, 2024 |
Share Statistics
CNOB has 38.40 million shares outstanding. The number of shares has decreased by -1.62% in one year.
| Shares Outstanding | 38.40M |
| Shares Change (YoY) | -1.62% |
| Shares Change (QoQ) | -0.85% |
| Owned by Insiders (%) | 6.62% |
| Owned by Institutions (%) | 68.70% |
| Float | 35.74M |
Valuation Ratios
The trailing PE ratio is 8.84 and the forward PE ratio is 9.88. CNOB's PEG ratio is 1.83.
| PE Ratio | 8.84 |
| Forward PE | 9.88 |
| PS Ratio | 2.69 |
| Forward PS | 2.67 |
| PB Ratio | 0.58 |
| P/FCF Ratio | 8.22 |
| PEG Ratio | 1.83 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 12.09, with an EV/FCF ratio of 17.39.
| EV / Earnings | 18.36 |
| EV / Sales | 5.70 |
| EV / EBITDA | 12.09 |
| EV / EBIT | 12.71 |
| EV / FCF | 17.39 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.84 |
| Debt / EBITDA | 8.35 |
| Debt / FCF | 12.01 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 6.80% and return on invested capital (ROIC) is 3.88%.
| Return on Equity (ROE) | 6.80% |
| Return on Assets (ROA) | 0.80% |
| Return on Capital (ROIC) | 3.88% |
| Revenue Per Employee | $535,743 |
| Profits Per Employee | $166,257 |
| Employee Count | 487 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, CNOB has paid $29.96 million in taxes.
| Income Tax | 29.96M |
| Effective Tax Rate | 27.01% |
Stock Price Statistics
The stock price has increased by +16.41% in the last 52 weeks. The beta is 1.23, so CNOB's price volatility has been higher than the market average.
| Beta (1Y) | 1.23 |
| 52-Week Price Change | +16.41% |
| 50-Day Moving Average | 19.18 |
| 200-Day Moving Average | 19.66 |
| Relative Strength Index (RSI) | 44.13 |
| Average Volume (30 Days) | 178,867 |
Short Selling Information
The latest short interest is 1.28 million, so 3.32% of the outstanding shares have been sold short.
| Short Interest | 1.28M |
| Short Previous Month | 1.34M |
| Short % of Shares Out | 3.32% |
| Short % of Float | 3.57% |
| Short Ratio (days to cover) | 7.13 |
Income Statement
In the last 12 months, CNOB had revenue of $260.91 million and earned $80.97 million in profits. Earnings per share was $2.07.
| Revenue | 260.91M |
| Gross Profit | 260.91M |
| Operating Income | 116.96M |
| Pretax Income | 116.96M |
| Net Income | 80.97M |
| EBITDA | 122.90M |
| EBIT | 116.96M |
| Earnings Per Share (EPS) | $2.07 |
Balance Sheet
The company has $242.71 million in cash and $1.03 billion in debt, giving a net cash position of -$783.48 million or -$20.40 per share.
| Cash & Cash Equivalents | 242.71M |
| Total Debt | 1.03B |
| Net Cash | -783.48M |
| Net Cash Per Share | -$20.40 |
| Equity / Book Value | 1.22B |
| Book Value Per Share | 31.68 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $92.89 million and capital expenditures -$7.43 million, giving a free cash flow of $85.46 million.
| Operating Cash Flow | 92.89M |
| Capital Expenditures | -7.43M |
| Free Cash Flow | 85.46M |
| FCF Per Share | $2.21 |
Margins
Gross margin is 100.00%, with operating and profit margins of 44.83% and 31.03%.
| Gross Margin | 100.00% |
| Operating Margin | 44.83% |
| Pretax Margin | 44.83% |
| Profit Margin | 31.03% |
| EBITDA Margin | 47.10% |
| EBIT Margin | 44.83% |
| FCF Margin | 32.75% |
Dividends & Yields
This stock pays an annual dividend of $0.72, which amounts to a dividend yield of 3.93%.
| Dividend Per Share | $0.72 |
| Dividend Yield | 3.93% |
| Dividend Growth (YoY) | 8.66% |
| Years of Dividend Growth | 5 |
| Payout Ratio | 34.78% |
| Buyback Yield | 1.62% |
| Shareholder Yield | 5.56% |
| Earnings Yield | 11.52% |
| FCF Yield | 12.16% |
Analyst Forecast
The average price target for CNOB is $26.00, which is 42.08% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $26.00 |
| Price Target Difference | 42.08% |
| Analyst Consensus | Strong 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 105:100.
| Last Split Date | Apr 27, 2007 |
| Split Type | Forward |
| Split Ratio | 105:100 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |