Connectone Bancorp Stock Performance
CNOB Stock | USD 18.88 0.24 1.29% |
The firm shows a Beta (market volatility) of 1.92, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ConnectOne Bancorp will likely underperform. ConnectOne Bancorp has an expected return of -0.32%. Please make sure to confirm ConnectOne Bancorp skewness, and the relationship between the treynor ratio and daily balance of power , to decide if ConnectOne Bancorp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days ConnectOne Bancorp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in May 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Actual Historical Performance (%)
One Day Return 2.09 | Five Day Return 5.02 | Year To Date Return (17.30) | Ten Year Return (1.76) | All Time Return 264.56 |
Forward Dividend Yield 0.0365 | Payout Ratio 0.3285 | Last Split Factor 105:100 | Forward Dividend Rate 0.68 | Dividend Date 2024-03-01 |
1 | ConnectOne Q4 Earnings Taking a Look at Key Metrics Versus Estimates | 01/25/2024 |
2 | ConnectOne Bancorp Strategic Growth and Profitability Outlook - TipRanks.com - TipRanks | 02/14/2024 |
ConnectOne Bancorp dividend paid on 1st of March 2024 | 03/01/2024 |
4 | Trexquant Investment LP Reduces Position in ConnectOne Bancorp, Inc. - Defense World | 03/12/2024 |
5 | Disposition of 832 shares by Laura Criscione of ConnectOne Bancorp at 19.57 subject to Rule 16b-3 | 03/20/2024 |
6 | Disposition of 1612 shares by Laura Criscione of ConnectOne Bancorp at 19.01 subject to Rule 16b-3 | 03/22/2024 |
7 | Disposition of 1064 shares by William Burns of ConnectOne Bancorp at 18.98 subject to Rule 16b-3 | 03/25/2024 |
8 | Citigroup Inc. Trims Holdings in ConnectOne Bancorp, Inc. - Defense World | 03/28/2024 |
9 | Acquisition by Frank Baier of 4253 shares of ConnectOne Bancorp subject to Rule 16b-3 | 04/05/2024 |
10 | With 69 percent ownership, ConnectOne Bancorp, Inc. boasts of strong institutional backing | 04/10/2024 |
11 | Acquisition by Elizabeth Magennis of 8309 shares of ConnectOne Bancorp subject to Rule 16b-3 | 04/12/2024 |
12 | ConnectOne Bancorp, Inc. Short Interest Up 5.5 percent in March - MarketBeat | 04/16/2024 |
13 | Analysts Estimate ConnectOne Bancorp to Report a Decline in Earnings What to Look Out for | 04/18/2024 |
Begin Period Cash Flow | 268.3 M |
ConnectOne |
ConnectOne Bancorp Relative Risk vs. Return Landscape
If you would invest 2,346 in ConnectOne Bancorp on January 24, 2024 and sell it today you would lose (458.00) from holding ConnectOne Bancorp or give up 19.52% of portfolio value over 90 days. ConnectOne Bancorp is currently does not generate positive expected returns and assumes 2.2662% risk (volatility on return distribution) over the 90 days horizon. In different words, 20% of stocks are less volatile than ConnectOne, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
ConnectOne Bancorp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ConnectOne Bancorp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ConnectOne Bancorp, and traders can use it to determine the average amount a ConnectOne Bancorp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.143
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Negative Returns | CNOB |
Estimated Market Risk
2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ConnectOne Bancorp is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ConnectOne Bancorp by adding ConnectOne Bancorp to a well-diversified portfolio.
ConnectOne Bancorp Fundamentals Growth
ConnectOne Stock prices reflect investors' perceptions of the future prospects and financial health of ConnectOne Bancorp, and ConnectOne Bancorp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ConnectOne Stock performance.
Return On Equity | 0.0726 | ||||
Return On Asset | 0.0089 | ||||
Profit Margin | 0.33 % | ||||
Operating Margin | 0.47 % | ||||
Current Valuation | 1.57 B | ||||
Shares Outstanding | 38.33 M | ||||
Price To Earning | 10.35 X | ||||
Price To Book | 0.62 X | ||||
Price To Sales | 2.62 X | ||||
Revenue | 504.07 M | ||||
Gross Profit | 297.61 M | ||||
EBITDA | 171.22 M | ||||
Net Income | 86.79 M | ||||
Cash And Equivalents | 333.84 M | ||||
Cash Per Share | 8.53 X | ||||
Total Debt | 1.03 B | ||||
Debt To Equity | 7.41 % | ||||
Book Value Per Share | 28.79 X | ||||
Cash Flow From Operations | 82.4 M | ||||
Earnings Per Share | 2.07 X | ||||
Market Capitalization | 714.53 M | ||||
Total Asset | 9.86 B | ||||
Retained Earnings | 590.97 M | ||||
About ConnectOne Bancorp Performance
To evaluate ConnectOne Bancorp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when ConnectOne Bancorp generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare ConnectOne Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand ConnectOne Bancorp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents ConnectOne's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for Next Year | ||
Days Of Inventory On Hand | -22.7 K | -23.8 K | |
Return On Tangible Assets | 0.01 | 0.01 | |
Return On Capital Employed | 0.04 | 0.03 | |
Return On Assets | 0.01 | 0.01 | |
Return On Equity | 0.07 | 0.11 |
Things to note about ConnectOne Bancorp performance evaluation
Checking the ongoing alerts about ConnectOne Bancorp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ConnectOne Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.ConnectOne Bancorp generated a negative expected return over the last 90 days | |
ConnectOne Bancorp has a frail financial position based on the latest SEC disclosures | |
About 69.0% of the company shares are held by institutions such as insurance companies | |
On 1st of March 2024 ConnectOne Bancorp paid $ 0.17 per share dividend to its current shareholders | |
Latest headline from zacks.com: Analysts Estimate ConnectOne Bancorp to Report a Decline in Earnings What to Look Out for |
- Analyzing ConnectOne Bancorp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ConnectOne Bancorp's stock is overvalued or undervalued compared to its peers.
- Examining ConnectOne Bancorp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ConnectOne Bancorp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ConnectOne Bancorp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ConnectOne Bancorp's stock. These opinions can provide insight into ConnectOne Bancorp's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConnectOne Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For information on how to trade ConnectOne Stock refer to our How to Trade ConnectOne Stock guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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When running ConnectOne Bancorp's price analysis, check to measure ConnectOne Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ConnectOne Bancorp is operating at the current time. Most of ConnectOne Bancorp's value examination focuses on studying past and present price action to predict the probability of ConnectOne Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConnectOne Bancorp's price. Additionally, you may evaluate how the addition of ConnectOne Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is ConnectOne Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ConnectOne Bancorp. If investors know ConnectOne will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ConnectOne Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.41) | Dividend Share 0.68 | Earnings Share 2.07 | Revenue Per Share 6.723 | Quarterly Revenue Growth (0.19) |
The market value of ConnectOne Bancorp is measured differently than its book value, which is the value of ConnectOne that is recorded on the company's balance sheet. Investors also form their own opinion of ConnectOne Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ConnectOne Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ConnectOne Bancorp's market value can be influenced by many factors that don't directly affect ConnectOne Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ConnectOne Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ConnectOne Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConnectOne Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.