Connectone Bancorp Stock Today
| CNOB Stock | USD 19.41 0.53 2.81% |
Performance0 of 100
| Odds Of DistressLess than 9
|
ConnectOne Bancorp is trading at 19.41 as of the 24th of April 2024, a 2.81 percent increase since the beginning of the trading day. The stock's open price was 18.88. ConnectOne Bancorp has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for ConnectOne Bancorp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the Northern New Jersey and New York Metropolitan area, and South Florida market. The company has 38.33 M outstanding shares of which 1.34 M shares are currently shorted by private and institutional investors with about 7.13 trading days to cover. More on ConnectOne Bancorp
Moving together with ConnectOne Stock
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Moving against ConnectOne Stock
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ConnectOne Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ConnectOne Bancorp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ConnectOne Bancorp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President Chairman | Frank III |
| Business Concentration | Banking, Banks - Regional, Financial Services, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) |
ConnectOne Bancorp (CNOB) is traded on NASDAQ Exchange in USA. It is located in 301 Sylvan Avenue, Englewood Cliffs, NJ, United States, 07632 and employs 487 people. ConnectOne Bancorp is listed under Banking category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 723.73 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ConnectOne Bancorp's market, we take the total number of its shares issued and multiply it by ConnectOne Bancorp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. ConnectOne Bancorp conducts business under Banks sector and is part of Financials industry. The entity has 38.33 M outstanding shares of which 1.34 M shares are currently shorted by private and institutional investors with about 7.13 trading days to cover.
ConnectOne Bancorp currently holds about 333.84 M in cash with 82.4 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.53.
Check ConnectOne Bancorp Probability Of Bankruptcy
Ownership AllocationConnectOne Bancorp holds a total of 38.33 Million outstanding shares. Over half of ConnectOne Bancorp's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in ConnectOne Bancorp. Please watch out for any change in the institutional holdings of ConnectOne Bancorp as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check ConnectOne Ownership Details
ConnectOne Stock Price Odds Analysis
What are ConnectOne Bancorp's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of ConnectOne Bancorp jumping above the current price in 90 days from now is about 60.01%. The ConnectOne Bancorp probability density function shows the probability of ConnectOne Bancorp stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days ConnectOne Bancorp has a beta of -0.2526 suggesting as returns on the benchmark increase, returns on holding ConnectOne Bancorp are expected to decrease at a much lower rate. During a bear market, however, ConnectOne Bancorp is likely to outperform the market. Additionally, connectOne Bancorp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of ConnectOne Bancorp to move above the current price in 90 days from now is about 60.01 (This ConnectOne Bancorp probability density function shows the probability of ConnectOne Stock to fall within a particular range of prices over 90 days) .
ConnectOne Bancorp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ConnectOne Bancorp market risk premium is the additional return an investor will receive from holding ConnectOne Bancorp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ConnectOne Bancorp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ConnectOne Bancorp's alpha and beta are two of the key measurements used to evaluate ConnectOne Bancorp's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | 1.15 |
ConnectOne Stock Against Markets
Picking the right benchmark for ConnectOne Bancorp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ConnectOne Bancorp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ConnectOne Bancorp is critical whether you are bullish or bearish towards ConnectOne Bancorp at a given time. Please also check how ConnectOne Bancorp's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in ConnectOne Bancorp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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ConnectOne Bancorp Corporate Directors
ConnectOne Bancorp corporate directors refer to members of a ConnectOne Bancorp board of directors. The board of directors generally takes responsibility for the ConnectOne Bancorp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ConnectOne Bancorp's board members must vote for the resolution. The ConnectOne Bancorp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Katherin NukkFreeman | Independent Director | Profile | |
| Harold Schechter | Independent Director | Profile | |
| Nicholas Minoia | Independent Director | Profile | |
| Raymond Vanaria | Independent Director | Profile |
How to buy ConnectOne Stock?
Before investing in ConnectOne Bancorp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ConnectOne Bancorp. To buy ConnectOne Bancorp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ConnectOne Bancorp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ConnectOne Bancorp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ConnectOne Bancorp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ConnectOne Bancorp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ConnectOne Bancorp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ConnectOne Stock please use our How to Invest in ConnectOne Bancorp guide.
Already Invested in ConnectOne Bancorp?
The danger of trading ConnectOne Bancorp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ConnectOne Bancorp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ConnectOne Bancorp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ConnectOne Bancorp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ConnectOne Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ConnectOne Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Connectone Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Connectone Bancorp Stock: 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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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.
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.