In recent trading session, Old National Bancorp (NASDAQ:ONB) saw 0.63 million shares changing hands at last check today with its beta currently measuring 0.85. Company’s recent per share price level of $21.52 trading at $0.09 or 0.44% at last check today assigns it a market valuation of $7.96B. That most recent trading price of ONB’s stock is at a discount of -13.8% from its 52-week high price of $24.49 and is indicating a premium of 23.84% from its 52-week low price of $16.39. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.92 million shares which gives us an average trading volume of 3.33 million if we extend that period to 3-months.
For Old National Bancorp (ONB), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.64. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.51 in the current quarter.
Old National Bancorp (NASDAQ:ONB) trade information
Upright in the green today for gaining 0.44%, in the last five days ONB remained trading in the green while hitting it’s week-highest on Tuesday, 06/24/25 when the stock touched $21.52 price level, adding 0.09% to its value on the day. Old National Bancorp’s shares saw a change of 30.85% in year-to-date performance and have moved 4.90% in past 5-day. Old National Bancorp (NASDAQ:ONB) showed a performance of 2.21% in past 30-days. Number of shares sold short was 18.31 million shares which calculate 5.22 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 23.5 to the stock, which implies a rise of 8.43% to its recent value today. Analysts have been projecting 23 as a low price target for the stock while placing it at a high target of 24. It follows that stock’s current price would drop -6.88% in reaching the projected high whereas dropping to the targeted low would mean a loss of -6.88% for stock’s current value.
Old National Bancorp (ONB) estimates and forecasts
This year revenue growth is estimated to rise 32.10% from the last financial year’s standing.
9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 622.82M for the same. And 9 analysts are in estimates of company making revenue of 699.85M in the next quarter. Company posted 482.03M and 492.01M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 4.04% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 15.46% while estimates for its earnings growth in next 5 years are of 17.27%.
ONB Dividends
Old National Bancorp is more likely to be releasing its next quarterly report on 2025-Apr-22 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 2.60%, the share has a forward dividend of 0.56 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 3.31%.
Old National Bancorp (NASDAQ:ONB)’s Major holders
Insiders are in possession of 12.35% of company’s total shares while institution are holding 87.28 percent of that, with stock having share float percentage of 99.58%. Investors also watch the number of corporate investors in a company very closely, which is 87.28% institutions for Old National Bancorp that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at ONB for having 38.9 million shares of worth $668.71 million. And as of 2024-06-30, it was holding 12.3266 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 33.41 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.5877 of outstanding shares, having a total worth of $574.37 million.
