How to buy ConnectOne Bancorp stock - 02 March

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy ConnectOne Bancorp stock

Own ConnectOne Bancorp stock in just a few minutes.

Fact checked

ConnectOne Bancorp, Inc is a banks-regional business based in the US. ConnectOne Bancorp shares (CNOB) are listed on the NASDAQ and all prices are listed in US Dollars.

How to buy shares in ConnectOne Bancorp

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for ConnectOne Bancorp. Find the stock by name or ticker symbol: CNOB. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until ConnectOne Bancorp reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of ConnectOne Bancorp, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of ConnectOne Bancorp. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

ConnectOne Bancorp share price

Use our graph to track the performance of CNOB stocks over time.

ConnectOne Bancorp shares at a glance

Information last updated 2021-02-23.
52-week rangeUSD$8.6646 - USD$24.55
50-day moving average USD$21.9326
200-day moving average USD$17.8935
Wall St. target priceUSD$27
PE ratio 13.3352
Dividend yield USD$0.36 (1.51%)
Earnings per share (TTM) USD$1.79

Buy ConnectOne Bancorp shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee Signup bonus
Stocks, Options, ETFs, Gold/Commodities
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Interactive Brokers
Stocks, Bonds, Options
$0 + $0.65/contract, $1 minimum
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
Stocks, Options, Cryptocurrency
Stocks & ETFs: $1/contract to open, $0 to close, $10 max/leg
Futures: $2.50/contract to open, $0 to close
Get 100 shares of stock (worth $1 to $6 a share)
Open and fund a new cash or margin account with $2,000+
Trade stocks, options, ETFs and futures on mobile or desktop with this advanced platform.
$0 for US stocks
Stocks, Options, ETFs
Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.
Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency
$0 + $0.50/contract
Deposit qualifying assets of $5,000+
A platform built for all kinds of traders and all styles of trading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy ConnectOne Bancorp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is ConnectOne Bancorp under- or over-valued?

Valuing ConnectOne Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of ConnectOne Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

ConnectOne Bancorp's P/E ratio

ConnectOne Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, ConnectOne Bancorp shares trade at around 13x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

ConnectOne Bancorp's PEG ratio

ConnectOne Bancorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.83. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into ConnectOne Bancorp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

ConnectOne Bancorp financials

Revenue TTM USD$211.4 million
Operating margin TTM 52.79%
Gross profit TTM USD$211.4 million
Return on assets TTM 1.04%
Return on equity TTM 8.66%
Profit margin 33.72%
Book value $23.035
Market capitalisation USD$949.7 million

TTM: trailing 12 months

Shorting ConnectOne Bancorp shares

There are currently 368,513 ConnectOne Bancorp shares held short by investors – that's known as ConnectOne Bancorp's "short interest". This figure is 2.7% up from 358,966 last month.

There are a few different ways that this level of interest in shorting ConnectOne Bancorp shares can be evaluated.

ConnectOne Bancorp's "short interest ratio" (SIR)

ConnectOne Bancorp's "short interest ratio" (SIR) is the quantity of ConnectOne Bancorp shares currently shorted divided by the average quantity of ConnectOne Bancorp shares traded daily (recently around 147997.18875502). ConnectOne Bancorp's SIR currently stands at 2.49. In other words for every 100,000 ConnectOne Bancorp shares traded daily on the market, roughly 2490 shares are currently held short.

However ConnectOne Bancorp's short interest can also be evaluated against the total number of ConnectOne Bancorp shares, or, against the total number of tradable ConnectOne Bancorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case ConnectOne Bancorp's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 ConnectOne Bancorp shares in existence, roughly 10 shares are currently held short) or 0.01% of the tradable shares (for every 100,000 tradable ConnectOne Bancorp shares, roughly 10 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against ConnectOne Bancorp.

Find out more about how you can short ConnectOne Bancorp stock.

ConnectOne Bancorp share dividends


Dividend payout ratio: 16.63% of net profits

Recently ConnectOne Bancorp has paid out, on average, around 16.63% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.51% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), ConnectOne Bancorp shareholders could enjoy a 1.51% return on their shares, in the form of dividend payments. In ConnectOne Bancorp's case, that would currently equate to about $0.36 per share.

While ConnectOne Bancorp's payout ratio might seem low, this can signify that ConnectOne Bancorp is investing more in its future growth.

ConnectOne Bancorp's most recent dividend payout was on 1 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 11 February 2021 (the "ex-dividend date").

Have ConnectOne Bancorp's shares ever split?

ConnectOne Bancorp's shares were split on a 105:100 basis on 27 April 2007. So if you had owned 100 shares the day before before the split, the next day you'd have owned 105 shares. This wouldn't directly have changed the overall worth of your ConnectOne Bancorp shares – just the quantity. However, indirectly, the new 4.8% lower share price could have impacted the market appetite for ConnectOne Bancorp shares which in turn could have impacted ConnectOne Bancorp's share price.

ConnectOne Bancorp share price volatility

Over the last 12 months, ConnectOne Bancorp's shares have ranged in value from as little as $8.6646 up to $24.55. A popular way to gauge a stock's volatility is its "beta".

CNOB.US volatility(beta: 1.35)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while ConnectOne Bancorp's is 1.349. This would suggest that ConnectOne Bancorp's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

ConnectOne Bancorp overview

ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank, a state chartered bank that provides various commercial banking products and services. The company's deposit products include personal and business checking accounts, retirement accounts, money market accounts, and time and savings accounts. It also provides personal and commercial business loans on a secured and unsecured basis; revolving lines of credit; commercial mortgage loans; residential mortgages on primary and secondary residences; home equity loans; bridge loans; and other personal purpose loans. In addition, the company offers insurance and annuities, credit cards, wire transfers, access to automated teller services, Internet banking, treasury direct, ACH origination, mobile banking by phone, safe deposit box, and remote deposit capture services. It operates through a network of 16 banking offices in Bergen County, 5 banking offices in Union County, 2 banking offices in Morris County, 1 office Essex County, 1 office in Hudson County, 1 office in Mercer County, one office in Monmouth County, 1 office in the borough of Manhattan, 1 office in Nassau County, and 1 office in Astoria, as well as 7 branches in the Hudson Valley. ConnectOne Bancorp, Inc. serves small-to-medium sized businesses, high net worth individuals, professional practices, and consumer and retail customers. The company was formerly known as Center Bancorp, Inc. and changed its name to ConnectOne Bancorp, Inc. in July 2014. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site