ConnectOne Bancorp (CNOB) Projected to Post Quarterly Earnings on Thursday

ConnectOne Bancorp (NASDAQ:CNOB) is expected to announce its earnings results before the market opens on Thursday, January 30th. Analysts expect the company to announce earnings of $0.42 per share and revenue of $65.50 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

ConnectOne Bancorp Stock Performance

Shares of CNOB stock opened at $23.71 on Wednesday. ConnectOne Bancorp has a one year low of $17.07 and a one year high of $29.31. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.01 and a current ratio of 1.01. The firm’s 50 day moving average price is $24.58 and its 200-day moving average price is $24.52. The firm has a market cap of $909.75 million, a P/E ratio of 13.63 and a beta of 1.30.

Wall Street Analyst Weigh In

Several research firms recently issued reports on CNOB. StockNews.com upgraded ConnectOne Bancorp from a “sell” rating to a “hold” rating in a report on Monday, November 18th. Keefe, Bruyette & Woods increased their price target on shares of ConnectOne Bancorp from $28.00 to $31.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 4th.

ConnectOne Bancorp Company Profile

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 New York Metropolitan area and South Florida market. The company offers personal and business checking, money market, and time and savings accounts; credit cards, wire transfers, safe deposit boxes, automated teller services and telephone, and internet and mobile banking.