Analysts Update Their Price Forecasts For Old National Bancorp (ONB)

Old National Bancorp (ONB) concluded trading on Thursday at a closing price of $18.31, with 4.34 million shares of worth about $79.43 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.27% during that period and on April 10, 2025 the price saw a loss of about -7.06%. Currently the company’s common shares owned by public are about 318.98M shares, out of which, 316.20M shares are available for trading.

Stock saw a price change of -2.50% in past 5 days and over the past one month there was a price change of -11.20%. Year-to-date (YTD), ONB shares are showing a performance of -15.64% which increased to 8.54% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $15.38 but also hit the highest price of $24.49 during that period. The average intraday trading volume for Old National Bancorp shares is 3.06 million. The stock is currently trading -10.45% below its 20-day simple moving average (SMA20), while that difference is down -16.91% for SMA50 and it goes to -10.70% lower than SMA200.

Old National Bancorp (NASDAQ: ONB) currently have 318.98M outstanding shares and institutions hold larger chunk of about 95.72% of that.

The stock has a current market capitalization of $5.85B and its 3Y-monthly beta is at 0.85. PE ratio of stock for trailing 12 months is 10.91, while it has posted earnings per share of $1.68 in the same period. Its PEG reads 0.71 while making debt-to-equity ratio of 0.89. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ONB, volatility over the week remained 10.74% while standing at 4.69% over the month.

Stock’s fiscal year EPS is expected to rise by 12.64% while it is estimated to increase by 24.66% in next year. EPS is likely to grow at an annualized rate of 15.34% for next 5-years, compared to annual growth of 4.04% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Raymond James on November 26, 2024 offering a Strong buy rating for the stock and assigned a target price of $28 to it. Coverage by Hovde Group stated Old National Bancorp (ONB) stock as an Outperform in their note to investors on June 03, 2024, suggesting a price target of $20 for the stock. On March 08, 2024, Barclays Initiated their recommendations, while on December 01, 2023, Citigroup Initiated their ratings for the stock with a price target of $17. Stock get a Buy rating from UBS on July 10, 2023.

Related Posts

Life Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.