ConnectOne Bancorp, Inc. (CNOB)
NASDAQ: CNOB · IEX Real-Time Price · USD
21.08
-0.05 (-0.21%)
May 20, 2024, 12:40 PM EDT - Market open
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, with a low estimate of 24 and a high estimate of 28. The average target predicts an increase of 23.37% from the current stock price of 21.08.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CNOB stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Reiterates $27 → $24 | Buy | Reiterates | $27 → $24 | +13.88% | Apr 26, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $26 → $28 | Strong Buy | Maintains | $26 → $28 | +32.86% | Jan 29, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $24 → $25 | Buy | Maintains | $24 → $25 | +18.62% | Jan 26, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $25 → $27 | Buy | Maintains | $25 → $27 | +28.11% | Jan 26, 2024 |
| Raymond James | Raymond James | Hold → Strong Buy Upgrades $26 | Hold → Strong Buy | Upgrades | $26 | +23.37% | Jul 31, 2023 |
Financial Forecast
Revenue This Year
262.59M
from 260.91M
Increased by 0.65%
Revenue Next Year
294.82M
from 262.59M
Increased by 12.27%
EPS This Year
1.86
from 2.07
Decreased by -10.04%
EPS Next Year
2.29
from 1.86
Increased by 22.89%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 276.7M | 329.2M |
| Avg | 262.6M | 294.8M |
| Low | 243.2M | 263.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 6.0% | 25.4% |
| Avg | 0.6% | 12.3% |
| Low | -6.8% | 0.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.10 | 2.78 |
| Avg | 1.86 | 2.29 |
| Low | 1.69 | 1.93 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 1.3% | 49.4% |
| Avg | -10.0% | 22.9% |
| Low | -18.6% | 3.7% |
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.