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Holding Company
FINANCIAL | Retail Banking
connectonebank.com

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Founded Year

2005

Stage

IPO | IPO

Date of IPO

2/12/2013

Market Cap

1.38B

Stock Price

34.87

About ConnectOne Bancorp

ConnectOne is a New Jersey corporation and a registered bank holding company that serves as the holding company for the ConnectOne Bank, a community-based, full-service New Jersey-chartered commercial bank.

ConnectOne Bancorp Headquarter Location

301 Sylvan Avenue

Englewood Cliffs, New Jersey, 07632,

United States

844-266-2548

Latest ConnectOne Bancorp News

Here's What Could Help ConnectOne (CNOB) Maintain Its Recent Price Strength

Jan 11, 2022

ConnectOne (CNOB) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several... This story originally appeared on Zacks While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. - Zacks Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- that could keep the momentum in the stock going. Investors looking to make a profit from stocks that are currently on the move may find our "Recent Price Strength" screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness. ConnectOne Bancorp (CNOB) is one of the several suitable candidates that passed through the screen. Here are the key reasons why it could be a profitable bet for "trend" investors. A solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. CNOB is quite a good fit in this regard, gaining 8.8% over this period. However, it's not enough to look at the price change for around three months, as it doesn't reflect any trend reversal that might have happened in a shorter time frame. It's important for a potential winner to maintain the price trend. A price increase of 10.5% over the past four weeks ensures that the trend is still in place for the stock of this holding company for ConnectOne Bank. Moreover, CNOB is currently trading at 95.5% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout. Looking at the fundamentals, the stock currently carries a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock's near-term price movements. The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Another factor that confirms the company's fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock's near-term price performance. So, the price trend in CNOB may not reverse anytime soon. In addition to CNOB, there are several other stocks that currently pass through our "Recent Price Strength" screen. You may consider investing in them and start looking for the newest stocks that fit these criteria. This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market. However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.

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