In Thursday’s Wall Street session, Old National Bancorp (NASDAQ:ONB) shares traded at $23.47, up 1.12% from the previous session.
ONB stock price is now 9.63% away from the 50-day moving average and 10.32% away from the 200-day moving average. The market capitalization of the company currently stands at $8.68B.
With the price target of $24, Jefferies recently initiated with Hold rating for Old National Bancorp (NASDAQ: ONB). On May 13, 2025, Truist recently initiated its ‘Buy’ rating on the stock quoting a target price of $26, while ‘Raymond James’ rates the stock as ‘Strong Buy’
In other news, Sander Mark G, PRESIDENT AND COO sold 60,343 shares of the company’s stock on May 16 ’25. The stock was sold for $1,334,184 at an average price of $22.11. Upon completion of the transaction, the PRESIDENT AND COO now directly owns 271,680 shares in the company, valued at $6.38 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 15 ’25, PRESIDENT AND COO Sander Mark G sold 7,000 shares of the business’s stock. A total of $157,150 was realized by selling the stock at an average price of $22.45. This leaves the insider owning 332,023 shares of the company worth $7.79 million. A total of 14.48% of the company’s stock is owned by insiders.
During the past 12 months, Old National Bancorp has had a low of $16.83 and a high of $24.49. According to the stock market information, the enterprise value for the company is $11519406080, which is based on a 13.65 price-to-earnings ratio, a 0.78 price-to-earnings-growth ratio, and a beta of 0.85. The fifty day moving average price for ONB is $21.409 and a two-hundred day moving average price translates $21.2754 for the stock.
The latest earnings results from Old National Bancorp (NASDAQ: ONB) was released for 2025-03-31. The net profit margin was 18.20% and return on equity was 9.29% for ONB. The company reported revenue of $630.4 million for the quarter, compared to $595.98 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.78 percent.
