Home Markets Earnings Estimate Forecast on ConnectOne Bancorp, Inc.(CNOB)

Earnings Estimate Forecast on ConnectOne Bancorp, Inc.(CNOB)


ConnectOne Bancorp, Inc.(CNOB): For the most recent quarter end, ConnectOne Bancorp, Inc. reported Annual Earnings of $0.4. Based on the filings, last years Annual Earnings was, $1.52. For the most recent quarter end, CNOB reported a surprise Earnings per Share of 600% . The consensus estimate for current quarter is $0.38 and for the current fiscal year, the estimate is $1.62. For the Next fiscal year, the estimate is $1.89 based on the consensus. Englewood Cliffs based ConnectOne Bancorp, Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 25, 2017.

ConnectOne Bancorp, Inc. has received $0.38 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 3 Financial Advisor in the Stock Trading Firms. Among 3 Analysts, Bottom line EPS Estimate for the current quarter is $0.36 while the top line estimate is $0.39 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 4.63%. ConnectOne Bancorp, Inc. reported better than expected with a surprise EPS of 600% or $0.48 during its most recent quarterly earnings. The Actual EPS was $0.4 compared to the Estimated EPS of $-0.08. According to the corporate earnings calendar, ConnectOne Bancorp, Inc. will release next earnings on Apr 25, 2017 with an estimated EPS consensus of $0.38. Based on the consensus of stock financial advisors the stock has a price target of $30.25. Current year estimate on EPS consensus is $1.62.

ConnectOne Bancorp, Inc. has a Price to Earnings ratio of 16.43 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.53. For the Most Recent Fiscal Year, ConnectOne Bancorp, Inc. has a price to cash ratio of 15.81. For the Trailing twelve month period, company showed a Net Profit Margin of 18.16% and Return on Equity of the stock is 9.59%.

ConnectOne Bancorp, Inc. last declared its Dividend on Jan 13, 2017. For Dividend Investing Stock Market Traders ConnectOne Bancorp, Inc. has a Dividend Yield of 1.19% with an Annual Dividend of $0.3. It has a Payout Ratio of 0.19 and the change in Dividend payout ratio is -0.02.

Company has reported several Insider transactions to the SEC, on Feb 21, 2017, William S Burns (EVP & Chief Financial Officer) sold 1,845 shares at 25.41 per share price.On Feb 1, 2017, Frank Iii Sorrentino (Chairman, President & CEO) sold 2,140 shares at 24.68 per share price.On Nov 14, 2016, Michael W Kempner (director) sold 1,660 shares at 19.85 per share price.

ConnectOne Bancorp, Inc. (NASDAQ:CNOB) rose 1.98% or 0.5 points on Wednesday and made its way into the gainers of the day. After trading began at $25.25 the stock was seen hitting $25.85 as a peak level and $25 as the lowest level. The stock ended up at $25.8. The daily volume was measured at 817,786 shares. The 52-week high of the share price is $26.65 and the 52-week low is $14.86. The company has a market cap of $824 million.

ConnectOne Bancorp, Inc. is a community-based, full-service commercial bank holding company. The Bank offers a range of lending, depository and related financial services to commercial, industrial and governmental customers. ConnectOne provides secured and unsecured loans, mortgage loans, home equity lines of credit, short and medium term loans, lines of credit, letters of credit, working capital loans, and real estate construction loans, as well as collection services, wire transfers, night depository, and lock box services. The Bank, through its subsidiary, provides financial services, including brokerage services, insurance and annuities, mutual funds and financial planning. It also offers various money market services. ConnectOne Bancorp, Inc., formerly known as Center Bancorp, Inc., is based in Englewood Cliffs, New Jersey.



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