With 1.78 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.99 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $21.79 whereas the lowest price it dropped to was $21.34. The 52-week range on ONB shows that it touched its highest point at $24.49 and its lowest point at $15.38 during that stretch. It currently has a 1-year price target of $27.72. With its current market cap of 6.82 billion, ONB has annualized dividend of $0.56 while the current yield stands at 2.62%. ONB paid its most recent dividend on 1741132800, while the ex-dividend date for that was 1741132800. Beta for the stock currently stands at 0.80.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ONB was up-trending over the past week, with a rise of 5.79%, but this was down by -12.06% over a month. Three-month performance dropped to -5.65% while six-month performance rose 12.95%. The stock gained 32.08% in the past year, while it has lost -1.54% so far this year. A look at the trailing 12-month EPS for ONB yields 1.68 with Next year EPS estimates of 2.64. For the next quarter, that number is 0.43. This implies an EPS growth rate of 11.45% for this year and 27.39% for next year. EPS is expected to grow by 16.46% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.04%.
Float and Shares Shorts:
At present, 318.98 million ONB shares are outstanding with a float of 316.07 million shares on hand for trading. On 2025-02-28, short shares totaled 38.94 million, which was 1221.0 higher than short shares on 1738281600. In addition to Mr. James C. Ryan III as the firm’s CEO & Chairman, Mr. Mark G. Sander serves as its President & COO.
Institutional Ownership:
Through their ownership of 0.96823 of ONB’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ONB since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ONB analysts setting a high price target of 30.0 and a low target of 26.0, the average target price over the next 12 months is 27.72222. Based on these targets, ONB could surge 40.38% to reach the target high and rise by 21.67% to reach the target low. Reaching the average price target will result in a growth of 29.72% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.80075 being high and $1.78107 being low. For ONB, this leads to a yearly average estimate of $1.79091. Based on analyst estimates, the high estimate for the next quarter is $0.47 and the low estimate is $0.41. The average estimate for the next quarter is thus $0.46.
