Old National Bancorp Stock Performance
| ONB Stock | USD 16.59 0.12 0.73% |
The company holds a Beta of 1.57, which implies 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, Old National will likely underperform. Old National Bancorp has an expected return of -0.0216%. Please make sure to check Old National Bancorp downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if Old National 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 Old National Bancorp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Old National is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return 0.39 | Five Day Return 5.05 | Year To Date Return (2.85) | Ten Year Return 17.02 | All Time Return 407.21 |
Forward Dividend Yield 0.034 | Payout Ratio 0.2732 | Last Split Factor 105:100 | Forward Dividend Rate 0.56 | Dividend Date 2024-03-15 |
1 | Old National Bancorp Hosts Executive Investor Presentation - TipRanks.com - TipRanks | 02/12/2024 |
2 | Acquisition by James Sandgren of tradable shares of Old National subject to Rule 16b-3 | 02/20/2024 |
3 | Disposition of 1268 shares by Alahmar Chady M. of Old National at 16. subject to Rule 16b-3 | 03/01/2024 |
| Old National dividend paid on 15th of March 2024 | 03/15/2024 |
4 | Disposition of 717 shares by Angela Putnam of Old National at 17.12 subject to Rule 16b-3 | 03/21/2024 |
5 | Old National Bancorp Given Average Recommendation of Moderate Buy by Brokerages - MarketBeat | 03/25/2024 |
6 | Disposition of 1472 shares by Angela Putnam of Old National at 16.65 subject to Rule 16b-3 | 04/01/2024 |
7 | We Remember April 10 Honoring the Victims of Louisville Tragedy | 04/03/2024 |
8 | Acquisition by Salmon Tom of 324 shares of Old National subject to Rule 16b-3 | 04/05/2024 |
9 | Technical Analysis of Old National Bancorp TradingView News - TradingView | 04/08/2024 |
10 | Raymond James Associates Reduces Holdings in Old National Bancorp - Defense World | 04/11/2024 |
11 | Heartland BancCorp. Q1 Earnings Top Estimates | 04/16/2024 |
12 | Mutual of America Capital Management LLC Has 3.06 Million Stake in Old National Bancorp - Defense World | 04/19/2024 |
13 | ONB Stock Earnings Old National Beats EPS, Misses Revenue for Q1 2024 | 04/23/2024 |
| Begin Period Cash Flow | 728.4 M |
Old |
Old National Relative Risk vs. Return Landscape
If you would invest 1,701 in Old National Bancorp on January 26, 2024 and sell it today you would lose (42.00) from holding Old National Bancorp or give up 2.47% of portfolio value over 90 days. Old National Bancorp is generating negative expected returns assuming volatility of 1.9494% on return distribution over 90 days investment horizon. In other words, 17% of stocks are less volatile than Old, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Old National Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Old National's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Old National Bancorp, and traders can use it to determine the average amount a Old National'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 = -0.0111
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| Negative Returns | ONB |
Estimated Market Risk
| 1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Old National 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 Old National by adding Old National to a well-diversified portfolio.
Old National Fundamentals Growth
Old Stock prices reflect investors' perceptions of the future prospects and financial health of Old National, and Old National 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 Old Stock performance.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0121 | |||
| Profit Margin | 0.33 % | |||
| Operating Margin | 0.45 % | |||
| Current Valuation | 9.51 B | |||
| Shares Outstanding | 316.74 M | |||
| Price To Earning | 10.82 X | |||
| Price To Book | 0.94 X | |||
| Price To Sales | 2.84 X | |||
| Revenue | 1.76 B | |||
| Gross Profit | 1.57 B | |||
| EBITDA | 775.46 M | |||
| Net Income | 581.99 M | |||
| Cash And Equivalents | 466.85 M | |||
| Cash Per Share | 1.59 X | |||
| Total Debt | 5.33 B | |||
| Debt To Equity | 7.04 % | |||
| Book Value Per Share | 18.22 X | |||
| Cash Flow From Operations | 516.34 M | |||
| Earnings Per Share | 1.94 X | |||
| Market Capitalization | 5.23 B | |||
| Total Asset | 49.09 B | |||
| Retained Earnings | 1.62 B | |||
About Old National Performance
To evaluate Old National 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 Old National 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 Old 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 Old National Bancorp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Old'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 | 0.00 | 0.00 | |
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.10 | 0.11 |
Things to note about Old National Bancorp performance evaluation
Checking the ongoing alerts about Old National for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Old National Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Old National Bancorp generated a negative expected return over the last 90 days | |
| Old National Bancorp has a poor financial position based on the latest SEC disclosures | |
| Over 78.0% of the company shares are owned by institutional investors | |
| On 15th of March 2024 Old National paid $ 0.14 per share dividend to its current shareholders | |
| Latest headline from investorplace.com: ONB Stock Earnings Old National Beats EPS, Misses Revenue for Q1 2024 |
- Analyzing Old National'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 Old National's stock is overvalued or undervalued compared to its peers.
- Examining Old National'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 Old National's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Old National's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Old National's stock. These opinions can provide insight into Old National's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old National 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 board of governors. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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When running Old National's price analysis, check to measure Old National'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 Old National is operating at the current time. Most of Old National's value examination focuses on studying past and present price action to predict the probability of Old National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Old National's price. Additionally, you may evaluate how the addition of Old National to your portfolios can decrease your overall portfolio volatility.
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Is Old National'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 Old National. If investors know Old 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 Old National 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 (0.35) | Dividend Share 0.56 | Earnings Share 1.94 | Revenue Per Share 6.061 | Quarterly Revenue Growth (0.17) |
The market value of Old National Bancorp is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old National's value that differs from its market value or its book value, called intrinsic value, which is Old National'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 Old National's market value can be influenced by many factors that don't directly affect Old National'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 Old National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old National'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.