$0.33 EPS Expected for ConnectOne Bancorp Inc (CNOB)

October 1, 2017 – By Hazel Jackson

 $0.33 EPS Expected for ConnectOne Bancorp Inc (CNOB)
Investors sentiment increased to 1.67 in 2017 Q2. Its up 0.38, from 1.29 in 2017Q1. It improved, as 10 investors sold ConnectOne Bancorp Inc shares while 29 reduced holdings. 20 funds opened positions while 45 raised stakes. 21.23 million shares or 0.09% more from 21.21 million shares in 2017Q1 were reported.
140,367 were accumulated by Tiaa Cref Invest Management Limited Liability Corp. Bridgeway Capital reported 83,000 shares stake. California Public Employees Retirement owns 25,000 shares. Lsv Asset Management accumulated 94,729 shares or 0% of the stock. Affinity Investment Advsrs Lc holds 0.02% of its portfolio in ConnectOne Bancorp Inc (NASDAQ:CNOB) for 9,084 shares. Invesco stated it has 0% of its portfolio in ConnectOne Bancorp Inc (NASDAQ:CNOB). Dimensional Fund Advsr L P accumulated 0.01% or 1.36 million shares. Clover L P reported 2.22% in ConnectOne Bancorp Inc (NASDAQ:CNOB). Vanguard Group Inc stated it has 0% of its portfolio in ConnectOne Bancorp Inc (NASDAQ:CNOB). Geode Capital Mngmt Limited Co holds 0% of its portfolio in ConnectOne Bancorp Inc (NASDAQ:CNOB) for 242,989 shares. Ameritas Prtnrs accumulated 2,307 shares. Cortina Asset Mngmt Ltd Llc, a Wisconsin-based fund reported 280,393 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has 2,632 shares for 0% of their portfolio. Sei Investments Company holds 0% or 47 shares. Trexquant Investment Limited Partnership reported 10,065 shares stake.

Investors wait ConnectOne Bancorp Inc (NASDAQ:CNOB) to report on October, 24. its quarterly earnings Wall Street analysts expect $0.33 earnings per share, down $0.07 or 17.50 % from last year’s $0.4 same quarter earnings. This translates into $10.57M profit for CNOB giving the stock a 18.64 P/E. This is assuming the current $0.33 EPS is accurate. ConnectOne Bancorp Inc’s Wall Street analysts see -21.43 % negative EPS growth, taking into account the $0.42 EPS reproted in the previous quarter, It closed at $24.6 lastly. It is up 37.35% since October 1, 2016 and is uptrending. It has outperformed by 20.65% the S&P500.

ConnectOne Bancorp Inc (NASDAQ:CNOB) Ratings Coverage

Among 5 analysts covering Connectone Bancorp (NASDAQ:CNOB), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Connectone Bancorp had 9 analyst reports since July 29, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained it with “Buy” rating and $3000 target in Thursday, July 27 report. The rating was maintained by FBR Capital with “Outperform” on Thursday, November 17. As per Tuesday, December 15, the company rating was initiated by Maxim Group. On Monday, March 7 the stock rating was initiated by Piper Jaffray with “Overweight”. The firm earned “Buy” rating on Monday, December 19 by Maxim Group. Keefe Bruyette & Woods maintained ConnectOne Bancorp Inc (NASDAQ:CNOB) rating on Wednesday, September 6. Keefe Bruyette & Woods has “Buy” rating and $30.0 target. As per Monday, August 10, the company rating was upgraded by Zacks.

ConnectOne Bancorp, Inc. is a bank holding firm of ConnectOne Bank . The company has market cap of $787.58 million. The Bank is a community-based, full-service New Jersey-chartered commercial bank. It has a 26.61 P/E ratio. The Bank offers a range of deposit and loan products.

More news for ConnectOne Bancorp Inc (NASDAQ:CNOB) were recently published by: Marketwatch.com, which released: “24.60” on March 11, 2013. Seekingalpha.com‘s article titled: “ConnectOne Bancorp’s (CNOB) CEO Frank Sorrentino III on Q2 2017 Results …” and published on July 27, 2017 is yet another important article.

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