ConnectOne Bancorp (CNOB) Receives Daily Coverage Optimism Score of 0.22

Media coverage about ConnectOne Bancorp (NASDAQ:CNOB) has trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ConnectOne Bancorp earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 45.6158152487957 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

A number of analysts have recently issued reports on CNOB shares. Keefe, Bruyette & Woods reissued a “buy” rating and set a $32.00 target price on shares of ConnectOne Bancorp in a research note on Thursday, October 26th. Zacks Investment Research raised shares of ConnectOne Bancorp from a “sell” rating to a “hold” rating and set a $30.00 price objective for the company in a research note on Monday, October 30th. BidaskClub lowered shares of ConnectOne Bancorp from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Finally, Piper Jaffray Companies reissued a “buy” rating and set a $29.00 price target on shares of ConnectOne Bancorp in a research report on Thursday, October 12th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $30.38.

ConnectOne Bancorp (CNOB) traded up $0.10 on Friday, hitting $26.60. 60,703 shares of the stock traded hands, compared to its average volume of 102,248. ConnectOne Bancorp has a 12-month low of $21.04 and a 12-month high of $27.40. The company has a current ratio of 0.98, a quick ratio of 0.95 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $851.61, a P/E ratio of 15.85 and a beta of 0.97.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 1st. Stockholders of record on Monday, October 16th were issued a dividend of $0.075 per share. The ex-dividend date was Friday, October 13th. This represents a $0.30 annualized dividend and a dividend yield of 1.13%. ConnectOne Bancorp’s dividend payout ratio (DPR) is currently 31.91%.

ILLEGAL ACTIVITY WARNING: “ConnectOne Bancorp (CNOB) Receives Daily Coverage Optimism Score of 0.22” was originally published by Markets Daily and is the property of of Markets Daily. If you are accessing this report on another domain, it was illegally stolen and republished in violation of international copyright legislation. The correct version of this report can be read at

About ConnectOne Bancorp

ConnectOne Bancorp, Inc is a bank holding company of ConnectOne Bank (the Bank). The Bank is a community-based, full-service New Jersey-chartered commercial bank. The Bank offers a range of deposit and loan products. In addition, to attract the business of consumer and business customers, it also provides an array of other banking services.

Insider Buying and Selling by Quarter for ConnectOne Bancorp (NASDAQ:CNOB)

Receive News & Ratings for ConnectOne Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ConnectOne Bancorp Inc. and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply