Old National Bancorp (NASDAQ:ONB)’s traded shares stood at 2.52 million during the latest session, with the company’s beta value hitting 0.85. At the last check today, the stock’s price was $21.76, to imply a decrease of -1.25% or -$0.28 in intraday trading. The ONB share’s 52-week high remains $24.49, putting it -12.55% down since that peak but still an impressive 22.66% since price per share fell to its 52-week low of $16.83. The company has a valuation of $8.05B, with an average of 3.73 million shares in intraday trading volume over the past 10 days and average of 3.36 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Old National Bancorp (ONB), translating to a mean rating of 1.64. Of 5 analyst(s) looking at the stock, 0 analyst(s) give ONB a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 4 recommend it as a Buy.
Old National Bancorp (NASDAQ:ONB) trade information
After registering a -1.25% downside in the latest session, Old National Bancorp (ONB) has traded red over the past five days. The 5-day price performance for the stock is -5.04%, and 2.86% over 30 days. With these gigs, the year-to-date price performance is 10.15%. Short interest in Old National Bancorp (NASDAQ:ONB) saw shorts transact 16.35 million shares and set a 5.53 days time to cover.
The extremes give us $23 and $24 for target low and target high price respectively. As such, ONB has been trading -10.29% off suggested target high and -5.7% from its likely low.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 4.04% for the past 5-year period. While 2025 is set for a 15.22% return in earnings, projections for the next 5 years are at 17.01% annually.
ONB Dividends
Old National Bancorp has its next earnings report out on 2025-Apr-22. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Old National Bancorp has a forward dividend ratio of 0.56, with the share yield ticking at 2.57% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 3.29%.
Old National Bancorp (NASDAQ:ONB)’s Major holders
Old National Bancorp insiders hold 12.35% of total outstanding shares, with institutional holders owning 98.95% of the shares at 112.90% float percentage. In total, 98.95% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 38.9 million shares (or 12.3266% of shares), all amounting to roughly $668.71 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 33.41 million shares, or about 10.5877% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $574.37 million.
We also have UNDISCOVERED MANAGERS Fd.S-Undiscovered Managers Behavioral Value Fd. and iShares Trust-iShares Core S&P Mid-Cap ETF as the top two Mutual Funds with the largest holdings of the Old National Bancorp (ONB) shares. Going by data provided on Mar 31, 2025 , UNDISCOVERED MANAGERS Fd.S-Undiscovered Managers Behavioral Value Fd. holds roughly 15.11 shares. This is just over 4.73% of the total shares, with a market valuation of $329.71 million. Data from the same date shows that the other fund manager holds a little less at 10.61, or 3.32% of the shares, all valued at about 231.45 million.
