$0.25 EPS Expected for Old National Bancorp (ONB)

December 28, 2017 - By Winifred Garcia


Investors sentiment decreased to 1.13 in 2017 Q3. Its down 0.24, from 1.37 in 2017Q2. It dived, as 12 investors sold Old National Bancorp shares while 67 reduced holdings. 26 funds opened positions while 63 raised stakes. 97.38 million shares or 0.49% less from 97.86 million shares in 2017Q2 were reported.
Sei Investments holds 0.01% in Old National Bancorp (NASDAQ:ONB) or 133,545 shares. Moreover, Morgan Stanley has 0% invested in Old National Bancorp (NASDAQ:ONB). American Asset Management has invested 0.13% in Old National Bancorp (NASDAQ:ONB). Prudential Fin Incorporated reported 0.03% of its portfolio in Old National Bancorp (NASDAQ:ONB). Teachers Retirement Systems Of The State Of Kentucky owns 42,993 shares for 0.01% of their portfolio. First Tru Advsr Limited Partnership holds 0.02% or 489,290 shares in its portfolio. California State Teachers Retirement System reported 214,944 shares. Paloma Mngmt Co stated it has 0% in Old National Bancorp (NASDAQ:ONB). Meeder Asset Mgmt, Ohio-based fund reported 122 shares. Columbia Asset Management has invested 0.07% in Old National Bancorp (NASDAQ:ONB). 26,652 are held by Phillips Ltd. Basswood Management Lc owns 552,157 shares. Enterprise Financial Svcs holds 0% of its portfolio in Old National Bancorp (NASDAQ:ONB) for 112 shares. Manufacturers Life The invested 0.04% in Old National Bancorp (NASDAQ:ONB). Goldman Sachs Gru Inc owns 731,586 shares or 0% of their US portfolio.

Since July 17, 2017, it had 0 buys, and 2 sales for $216,429 activity.

Analysts expect Old National Bancorp (NASDAQ:ONB) to report $0.25 EPS on January, 23.They anticipate $0.03 EPS change or 10.71 % from last quarter’s $0.28 EPS. ONB’s profit would be $33.88M giving it 17.83 P/E if the $0.25 EPS is correct. After having $0.31 EPS previously, Old National Bancorp’s analysts see -19.35 % EPS growth. The stock increased 0.42% or $0.075 during the last trading session, reaching $17.825. About 281,768 shares traded. Old National Bancorp (NASDAQ:ONB) has risen 28.89% since December 28, 2016 and is uptrending. It has outperformed by 12.19% the S&P500.

Old National Bancorp (NASDAQ:ONB) Ratings Coverage

Among 9 analysts covering Old National Bancorp (NASDAQ:ONB), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. Old National Bancorp had 24 analyst reports since August 4, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of ONB in report on Tuesday, August 8 with “Hold” rating. On Tuesday, August 8 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. On Friday, October 13 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. RBC Capital Markets maintained Old National Bancorp (NASDAQ:ONB) on Wednesday, October 4 with “Hold” rating. The company was maintained on Friday, June 9 by Jefferies. The rating was upgraded by Raymond James on Tuesday, March 29 to “Outperform”. The firm has “Mkt Perform” rating by Raymond James given on Tuesday, November 22. On Tuesday, October 24 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock of Old National Bancorp (NASDAQ:ONB) earned “Hold” rating by Keefe Bruyette & Woods on Monday, June 12. As per Friday, September 15, the company rating was maintained by Jefferies.

Old National Bancorp operates as the holding firm for Old National Bank that provides various financial services to individual and commercial clients in the United States. The company has market cap of $2.42 billion. The firm offers deposit accounts, including noninterest-bearing demand, negotiable order of withdrawal, savings and money market, and time deposits; and loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, letters of credit, and lease financing. It has a 16.34 P/E ratio. It also provides debit and ATM cards, telephone access, and online banking, as well as other electronic and mobile banking services; and cash management, private banking, brokerage, trust, and investment advisory services.

More news for Old National Bancorp (NASDAQ:ONB) were recently published by: Nasdaq.com, which released: “Old National Bancorp (ONB) Ex-Dividend Date Scheduled for November 30, 2017” on November 29, 2017. Streetinsider.com‘s article titled: “Old National Bancorp” and published on December 22, 2017 is yet another important article.

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