On 2016-06-29, ConnectOne Bancorp, Inc. (NASDAQ:CNOB) confirmed the dividend disbursement of $0.075 a share to shareholders as on record 2016-07-18. The firm will release dividend on 2016-08-01 while ex-dividend date is reported to be 2016-07-14.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, ConnectOne Bancorp, Inc. (NASDAQ:CNOB) paid a total of $0.075 per share in dividends. This figure stood at $0.075 a share in the same period a year ago indicating a deviation of 0%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $21 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $23 and $19, respectively.
Taking the mathematical rating formula, the price for ConnectOne Bancorp, Inc. (NASDAQ:CNOB) stands at 1.2. Earnings Review ConnectOne Bancorp, Inc. (NASDAQ:CNOB) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-28. For the period ending on 2016-09-30, experts are expecting EPS of $0.33.
Coming to the quarter ending on 2015-12-31, ConnectOne Bancorp, Inc. (NASDAQ:CNOB) recorded EPS of $0.38. The reported numbers came lower than the analysts’ estimates of $0.31, demonstrating a miss of $0.07 as against reported figures.
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