Old National Bancorp Stock Price and Value Analysis

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

ONB Free Cash Flow Trend

Free Cash Flow trendline for ONB
Free Cash Flow trendline for Old National Bancorp

Based on historical returns, we believe that Old National Bancorp can grow its free cash at a rate of about 0%. That's positive!

AdvantagesDisadvantages
  • This company has a high dividend yield.
  • This stock is on sale.
  • This company is solid.
  • This company is making money at a modest rate.
  • This company has wild ups and downs.

Inside the ONB Numbers

ONB Price
(Old National Bancorp stock price per share)
$18.29
[?] ONB Fair Price
(based on intrinsic value)
$22.28
[?] ONB Safety Price (based on a variable margin of safety) $14.48
[?] PE Ratio versus Sector 21% lower than other Financial stocks
[?] PE Ratio versus Industry 0% lower than other Unknown stocks
[?] Cash Yield 4.17%
[?] Free Cash Flow Jitter 48%
[?] Dividend Yield 3%
Shares Shorted 6,030,161

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 6,030,161 shares shorted. With 163,623,274 shares available for purchase and an average trading volume over the past 10 trading days of 1,496,666, it would take at least 4.029 days for all of the short holders to cover their shorts.

Is Old National Bancorp Stock on Sale?

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

Old National Bancorp looks like a price in the fair value range. Based on our analysis—if the company keeps making money the way it has been—you could be looking at a good stock. See Before You Buy for your next steps.

Should You Buy ONB Stock?

Does Old National 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.