On 2016-08-02, Old National Bancorp (NASDAQ:ONB) confirmed the dividend disbursement of $0.13 a share to shareholders as on record 2016-09-01. The firm will release dividend on 2016-09-16 while ex-dividend date is reported to be 2016-08-30.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Old National Bancorp (NASDAQ:ONB) paid a total of $0.13 per share in dividends. This figure stood at $0.13 a share in the same period a year ago indicating a deviation of 9.0909%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $13.562 on the stock. This figure is the average of recommendations offered by 8 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $14 and $13, respectively.
Taking the mathematical rating formula, the price for Old National Bancorp (NASDAQ:ONB) stands at 2.88. Earnings Review Old National Bancorp (NASDAQ:ONB) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-24. For the period ending on 2016-09-30, experts are expecting EPS of $0.22.
Coming to the quarter ending on 2015-12-31, Old National Bancorp (NASDAQ:ONB) recorded EPS of $0.24. The reported numbers came lower than the analysts’ estimates of $0.25, demonstrating a miss of $-0.01 as against reported figures.
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