ConnectOne Bancorp Statistics
Total Valuation
CNOB has a market cap or net worth of $808.25 million. The enterprise value is $1.50 billion.
| Market Cap | 808.25M |
| Enterprise Value | 1.50B |
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 38.33 million shares outstanding. The number of shares has decreased by -1.91% in one year.
| Shares Outstanding | 38.33M |
| Shares Change (YoY) | -1.91% |
| Shares Change (QoQ) | -0.52% |
| Owned by Insiders (%) | 6.62% |
| Owned by Institutions (%) | 71.06% |
| Float | 35.68M |
Valuation Ratios
The trailing PE ratio is 11.15 and the forward PE ratio is 11.26. CNOB's PEG ratio is 1.83.
| PE Ratio | 11.15 |
| Forward PE | 11.26 |
| PS Ratio | 3.20 |
| Forward PS | 3.00 |
| PB Ratio | 0.66 |
| P/FCF Ratio | 8.74 |
| PEG Ratio | 1.83 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.40, with an EV/FCF ratio of 16.24.
| EV / Earnings | 20.48 |
| EV / Sales | 5.95 |
| EV / EBITDA | 13.40 |
| EV / EBIT | 14.14 |
| EV / FCF | 16.24 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.80 |
| Debt / EBITDA | 8.66 |
| Debt / FCF | 10.50 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 6.10% and return on invested capital (ROIC) is 3.63%.
| Return on Equity (ROE) | 6.10% |
| Return on Assets (ROA) | 0.70% |
| Return on Capital (ROIC) | 3.63% |
| Revenue Per Employee | $517,821 |
| Profits Per Employee | $150,396 |
| Employee Count | 487 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, CNOB has paid $26.76 million in taxes.
| Income Tax | 26.76M |
| Effective Tax Rate | 26.76% |
Stock Price Statistics
The stock price has increased by +48.32% in the last 52 weeks. The beta is 1.24, so CNOB's price volatility has been higher than the market average.
| Beta (1Y) | 1.24 |
| 52-Week Price Change | +48.32% |
| 50-Day Moving Average | 19.09 |
| 200-Day Moving Average | 19.71 |
| Relative Strength Index (RSI) | 69.79 |
| Average Volume (30 Days) | 151,475 |
Short Selling Information
The latest short interest is 1.36 million, so 3.56% of the outstanding shares have been sold short.
| Short Interest | 1.36M |
| Short Previous Month | 1.28M |
| Short % of Shares Out | 3.56% |
| Short % of Float | 3.82% |
| Short Ratio (days to cover) | 10.35 |
Income Statement
In the last 12 months, CNOB had revenue of $252.18 million and earned $73.24 million in profits. Earnings per share was $1.89.
| Revenue | 252.18M |
| Gross Profit | 252.18M |
| Operating Income | 106.04M |
| Pretax Income | 106.04M |
| Net Income | 73.24M |
| EBITDA | 111.95M |
| EBIT | 106.04M |
| Earnings Per Share (EPS) | $1.89 |
Balance Sheet
The company has $277.58 million in cash and $969.98 million in debt, giving a net cash position of -$692.39 million or -$18.06 per share.
| Cash & Cash Equivalents | 277.58M |
| Total Debt | 969.98M |
| Net Cash | -692.39M |
| Net Cash Per Share | -$18.06 |
| Equity / Book Value | 1.22B |
| Book Value Per Share | 31.74 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $97.04 million and capital expenditures -$4.70 million, giving a free cash flow of $92.34 million.
| Operating Cash Flow | 97.04M |
| Capital Expenditures | -4.70M |
| Free Cash Flow | 92.34M |
| FCF Per Share | $2.40 |
Margins
Gross margin is 100.00%, with operating and profit margins of 42.05% and 29.04%.
| Gross Margin | 100.00% |
| Operating Margin | 42.05% |
| Pretax Margin | 42.05% |
| Profit Margin | 29.04% |
| EBITDA Margin | 44.39% |
| EBIT Margin | 42.05% |
| FCF Margin | 36.61% |
Dividends & Yields
This stock pays an annual dividend of $0.72, which amounts to a dividend yield of 3.42%.
| Dividend Per Share | $0.72 |
| Dividend Yield | 3.42% |
| Dividend Growth (YoY) | 8.66% |
| Years of Dividend Growth | 5 |
| Payout Ratio | 38.10% |
| Buyback Yield | 1.91% |
| Shareholder Yield | 5.32% |
| Earnings Yield | 9.07% |
| FCF Yield | 11.44% |
Analyst Forecast
The average price target for CNOB is $26.00, which is 23.49% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $26.00 |
| Price Target Difference | 23.49% |
| 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 |