With 3.08 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.03 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $19.54 whereas the lowest price it dropped to was $19.055. 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 $26.69. With its current market cap of 6.21 billion, ONB has annualized dividend of $0.56 while the current yield stands at 2.88%. ONB paid its most recent dividend on 1741132800, while the ex-dividend date for that was 1741132800. Beta for the stock currently stands at 0.86.
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 down-trending over the past week, with a drop of -1.22%, but this was down by -8.21% over a month. Three-month performance dropped to -14.50% while six-month performance rose 3.13%. The stock gained 24.03% in the past year, while it has lost -10.34% so far this year. A look at the trailing 12-month EPS for ONB yields 1.68 with Next year EPS estimates of 2.62. For the next quarter, that number is 0.43. This implies an EPS growth rate of 12.94% for this year and 24.59% for next year. EPS is expected to grow by 15.34% 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 316.20 million shares on hand for trading. On 2025-03-31, short shares totaled 41.24 million, which was 1292.0000000000002 higher than short shares on 1740700800. 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 0.96669 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 24.0, the average target price over the next 12 months is 26.72222. Based on these targets, ONB could surge 54.16% to reach the target high and rise by 23.33% to reach the target low. Reaching the average price target will result in a growth of 37.32% 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 $0.53 and the low estimate is $0.41. The average estimate for the next quarter is thus $0.48.
