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Old National Bancorp is a banks-regional business based in the US. Old National Bancorp shares (ONB) are listed on the NASDAQ and all prices are listed in US Dollars. Old National Bancorp employs 2,484 staff and has a trailing 12-month revenue of around USD$762 million.
|Latest market close||USD$16.56|
|52-week range||USD$10.8776 - USD$17.9003|
|50-day moving average||USD$16.3524|
|200-day moving average||USD$14.3752|
|Wall St. target price||USD$17.08|
|Dividend yield||USD$0.56 (3.38%)|
|Earnings per share (TTM)||USD$1.209|
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.
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.
|1 week (2021-01-07)||-7.54%|
|1 month (2020-12-17)||16.56|
|3 months (2020-10-16)||20.35%|
|6 months (2020-07-16)||21.94%|
|1 year (2020-01-16)||-9.90%|
|2 years (2019-01-16)||1.47%|
|3 years (2018-01-16)||18.25|
|5 years (2016-01-15)||38.69%|
Valuing Old National Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Old National Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Old National 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 14x. In other words, Old National Bancorp shares trade at around 14x 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.
Old National Bancorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.45. 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 Old National 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.
|Revenue TTM||USD$762 million|
|Operating margin TTM||38.38%|
|Gross profit TTM||USD$796.1 million|
|Return on assets TTM||0.94%|
|Return on equity TTM||7%|
|Market capitalisation||USD$2.8 billion|
TTM: trailing 12 months
There are currently 3.9 million Old National Bancorp shares held short by investors – that's known as Old National Bancorp's "short interest". This figure is 10% up from 3.5 million last month.
There are a few different ways that this level of interest in shorting Old National Bancorp shares can be evaluated.
Old National Bancorp's "short interest ratio" (SIR) is the quantity of Old National Bancorp shares currently shorted divided by the average quantity of Old National Bancorp shares traded daily (recently around 615377.74244833). Old National Bancorp's SIR currently stands at 6.29. In other words for every 100,000 Old National Bancorp shares traded daily on the market, roughly 6290 shares are currently held short.
However Old National Bancorp's short interest can also be evaluated against the total number of Old National Bancorp shares, or, against the total number of tradable Old National Bancorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Old National Bancorp's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Old National Bancorp shares in existence, roughly 20 shares are currently held short) or 0.0308% of the tradable shares (for every 100,000 tradable Old National Bancorp shares, roughly 31 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Old National Bancorp.
Find out more about how you can short Old National Bancorp stock.
Dividend payout ratio: 41.18% of net profits
Recently Old National Bancorp has paid out, on average, around 41.18% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.38% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Old National Bancorp shareholders could enjoy a 3.38% return on their shares, in the form of dividend payments. In Old National Bancorp's case, that would currently equate to about $0.56 per share.
While Old National Bancorp's payout ratio might seem fairly standard, it's worth remembering that Old National Bancorp may be investing much of the rest of its net profits in future growth.
Old National Bancorp's most recent dividend payout was on 15 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 30 November 2020 (the "ex-dividend date").
Old National Bancorp's shares were split on a 105:100 basis on 3 January 2005. 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 Old National Bancorp shares – just the quantity. However, indirectly, the new 4.8% lower share price could have impacted the market appetite for Old National Bancorp shares which in turn could have impacted Old National Bancorp's share price.
Over the last 12 months, Old National Bancorp's shares have ranged in value from as little as $10.8776 up to $17.9003. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Old National Bancorp's is 1.0273. This would suggest that Old National Bancorp's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. The company accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, NOW, savings and money market, and time deposits; and offers 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 also provides debit and ATM cards, telephone access, and online banking, as well as other electronic and mobile banking services; cash management, private banking, brokerage, trust, and investment advisory services; wealth management, investment, and foreign currency services; and treasury management, merchant, health savings, and capital markets services, as well as community development lending and equity investment solutions. As of December 31, 2019, the company operated 192 banking centers located primarily in Indiana, Kentucky, Michigan, Wisconsin, and Minnesota. Old National Bancorp was founded in 1834 and is headquartered in Evansville, Indiana.
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