Old National Bancorp Director Purchases $46,865 in Stock (ONB)
Old National Bancorp (NASDAQ:ONB) Director Andrew E. Goebel acquired 3,500 shares of the company’s stock in a transaction dated Thursday, July 31st. The stock was purchased at an average cost of $13.39 per share, with a total value of $46,865.00. Following the acquisition, the director now directly owns 7,386 shares in the company, valued at approximately $98,899. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.
Old National Bancorp (NASDAQ:ONB) traded down 1.06% on Monday, hitting $13.13. The stock had a trading volume of 259,994 shares. Old National Bancorp has a 52-week low of $12.90 and a 52-week high of $15.80. The stock’s 50-day moving average is $14.0 and its 200-day moving average is $14.06. The company has a market cap of $1.390 billion and a price-to-earnings ratio of 14.42.
Old National Bancorp (NASDAQ:ONB) last issued its quarterly earnings data on Monday, July 28th. The company reported $0.18 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.25 by $0.07. The company had revenue of $128.40 million for the quarter, compared to the consensus estimate of $133.62 million. During the same quarter last year, the company posted $0.28 earnings per share. Old National Bancorp’s revenue was down 1.0% compared to the same quarter last year. On average, analysts predict that Old National Bancorp will post $1.02 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 3.32%. The ex-dividend date of this dividend is Thursday, August 28th.
Old National Bancorp (NASDAQ:ONB), is a financial holding company.
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