ConnectOne Bancorp Stock Price and Value Analysis

Should you buy ConnectOne Bancorp stock? (NasdaqGS:CNOB). Let's see how it does in our automated value investing analysis system.

AdvantagesDisadvantagesNeutral
  • This company has a high dividend yield.
  • This company has wild ups and downs.
  • This company is less known than others.
  • This company is making money at a modest rate.
  • This stock looks fairly priced.

Inside the CNOB Numbers

CNOB Price
(ConnectOne Bancorp stock price per share)
$23.49
[?] CNOB Fair Price
(based on intrinsic value)
$23.02
[?] CNOB Safety Price (based on a variable margin of safety) $13.81
[?] PE Ratio versus Sector 28% lower than other Financial stocks
[?] PE Ratio versus Industry 4% higher than other Banks - Regional - US stocks
[?] Free Cash Flow Jitter 36%
[?] Dividend Yield 3%
Shares Shorted 576,887

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 576,887 shares shorted. With 35,157,199 shares available for purchase and an average trading volume over the past 10 trading days of 136,700, it would take at least 4.22 days for all of the short holders to cover their shorts.

Is ConnectOne Bancorp Stock on Sale?

We believe that ConnectOne Bancorp may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

ConnectOne Bancorp looks overpriced right now. If you're looking for a bargain in the stock market, you should probably look elsewhere for a great deal. This might still be a great stock to own—but it's not on sale right now.

Should You Buy CNOB Stock?

Does ConnectOne Bancorp have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.