Old National Bancorp (NASDAQ: ONB) is -0.99% lower on its value in year-to-date trading and has touched a low of $15.60 and a high of $24.49 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ONB stock was last observed hovering at around $20.61 in the last trading session, with the day’s gains setting it 0.88%.
Currently trading at $21.49, the stock is 0.27% and 3.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.4 million and changing 4.27% at the moment leaves the stock 2.89% off its SMA200. ONB registered 25.82% gain for a year compared to 6-month loss of 2.68%. The firm has a 50-day simple moving average (SMA 50) of $20.7008 and a 200-day simple moving average (SMA200) of $20.8861.
The stock witnessed a 3.12% gain in the last 1 month and extending the period to 3 months gives it a -7.77%, and is -2.01% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.53% over the week and 1.94% over the month.
Old National Bancorp (ONB) has around 4066 employees, a market worth around $7.95B and $3.01B in sales. Current P/E ratio is 12.50 and Fwd P/E is 8.19. Profit margin for the company is 18.20%. Distance from 52-week low is 37.80% and -12.25% from its 52-week high. The company has generated returns on investments over the last 12 months (4.65%).
with sales reaching $622.18M over the same period.The EPS is expected to grow by 15.07% this year, but quarterly earnings will post 31.91% year-over-year. Quarterly sales are estimated to grow 29.07% in year-over-year returns.
Old National Bancorp (ONB) Top Institutional Holders
509.0 institutions hold shares in Old National Bancorp (ONB), with institutional investors hold 99.60% of the company’s shares. The shares outstanding are 369.93M, and float is at 323.75M with Short Float at 12.51%. Institutions hold 87.29% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 38.9 million shares valued at $668.71 million. The investor’s holdings represent 12.3266% of the ONB Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 33.41 million shares valued at $574.37 million to account for 10.5877 of the shares outstanding. The other top investors are FULLER & THALER ASSET MANAGEMENT, INC. which holds 20.71 million shares representing 6.5634% and valued at over $356.06 million, while DIMENSIONAL FUND ADVISORS LP holds 5.3363 of the shares totaling 16.84 million with a market value of $289.48 million.
Old National Bancorp (ONB) Insider Activity
The most recent transaction is an insider sale by Sander Mark G, the company’s PRESIDENT AND COO. SEC filings show that Sander Mark G sold 60,343 shares of the company’s common stock on May 16 ’25 at a price of $22.11 per share for a total of $1.33 million. Following the sale, the insider now owns 0.27 million shares.
Old National Bancorp disclosed in a document filed with the SEC on May 15 ’25 that Sander Mark G (PRESIDENT AND COO) sold a total of 7,000 shares of the company’s common stock. The trade occurred on May 15 ’25 and was made at $22.45 per share for $0.16 million. Following the transaction, the insider now directly holds 0.33 million shares of the ONB stock.
Still, SEC filings show that on May 15 ’25, MARK G SANDER (Officer) Proposed Sale 7,000 shares at an average price of $22.38 for $0.16 million. The insider now directly holds shares of Old National Bancorp (ONB).
