OceanFirst Financial Corp. Company Profile (NASDAQ:OCFC)

Analyst Ratings

Consensus Ratings for OceanFirst Financial Corp. (NASDAQ:OCFC) (?)
Ratings Breakdown: 3 Buy Rating(s)
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $22.50 (20.90% upside)

Analysts' Ratings History for OceanFirst Financial Corp. (NASDAQ:OCFC)
Show:
DateFirmActionRatingPrice TargetActions
4/25/2016Piper Jaffray Cos.Reiterated RatingBuy$22.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/8/2016Keefe, Bruyette & WoodsReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/10/2015FIG PartnersReiterated RatingOutperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/26/2014 forward)

Earnings

Earnings History for OceanFirst Financial Corp. (NASDAQ:OCFC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/28/2016$0.06N/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/21/2016Q1$0.33$0.25$20.67 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/21/2016Q4$0.33$0.31ViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/22/2015Q3$0.29$0.28ViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/23/2015Q2$0.32$0.31ViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/23/2015Q115$0.30$0.32$21.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/22/2015Q414$0.37$0.30$18.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/23/2014Q313$0.31$0.31$18.70 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/24/2014$0.29$0.30ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/23/2014Q4 13$0.25$0.11ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/17/2013Q213$0.29$0.29ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for OceanFirst Financial Corp. (NASDAQ:OCFC)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.32$0.32$0.32
Q2 20161$0.34$0.34$0.34
Q3 20162($0.04)($0.03)($0.04)
Q4 20161$0.39$0.39$0.39
Q1 20171$0.39$0.39$0.39
Q2 20171$0.42$0.42$0.42
Q3 20172$0.44$0.45$0.45
Q4 20171$0.46$0.46$0.46
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for OceanFirst Financial Corp. (NASDAQ:OCFC)
Annual Dividend:$0.52
Dividend Yield:2.79%
Payout Ratio:45.22% (Based on Trailing 12 Months of Earnings)
36.11% (Based on Current Year Consensus EPS Estimate)
29.89% (Based on Next Year Consensus EPS Estimate)

Dividend History for OceanFirst Financial Corp. (NASDAQ:OCFC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
4/26/2016quarterly$0.132.8%5/5/20165/9/20165/20/2016Tweet This Announcement  Share This Announcement on StockTwits
1/21/2016quarterly$0.132.92%1/28/20162/1/20162/12/2016Tweet This Announcement  Share This Announcement on StockTwits
10/22/2015quarterly$0.132.74%10/29/201511/2/201511/13/2015Tweet This Announcement  Share This Announcement on StockTwits
7/23/2015$0.137/30/20158/3/20158/14/2015Tweet This Announcement  Share This Announcement on StockTwits
4/23/2015quarterly$0.133%4/30/20155/4/20155/15/2015Tweet This Announcement  Share This Announcement on StockTwits
1/22/2015quarterly$0.133.14%1/29/20152/2/20152/13/2015Tweet This Announcement  Share This Announcement on StockTwits
10/23/2014quarterly$0.133.3%10/30/201411/3/201411/14/2014Tweet This Announcement  Share This Announcement on StockTwits
7/24/2014quarterly$0.123.01%7/31/20148/4/20148/15/2014Tweet This Announcement  Share This Announcement on StockTwits
4/24/2014quarterly$0.122.88%5/1/20145/5/20145/16/2014Tweet This Announcement  Share This Announcement on StockTwits
1/24/2014quarterly$0.122.65%1/30/20142/3/20142/14/2014Tweet This Announcement  Share This Announcement on StockTwits
1/23/2014$0.121/30/20142/3/20142/14/2014Tweet This Announcement  Share This Announcement on StockTwits
10/17/2013quarterly$0.122.67%10/24/201310/28/201311/8/2013Tweet This Announcement  Share This Announcement on StockTwits
7/19/2013quarterly$0.122.8%7/25/20137/29/20138/9/2013Tweet This Announcement  Share This Announcement on StockTwits
4/18/2013quarterly$0.123.47%4/25/20134/29/20135/10/2013Tweet This Announcement  Share This Announcement on StockTwits
1/25/2013quarterly$0.123.63%1/31/20132/4/20132/15/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for OceanFirst Financial Corp. (NASDAQ:OCFC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
12/2/2014Christopher MaherCOOBuy2,000$16.09$32,180.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/24/2014Donald E MclaughlinDirectorSell3,000$16.50$49,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/30/2014Christopher MaherCOOBuy10,000$16.16$161,600.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/10/2014Joseph Lebel IIIEVPBuy1,812$16.56$30,006.72View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/12/2013Christopher MaherCOOBuy1,000$17.75$17,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/30/2013Christopher MaherCOOBuy1,000$18.00$18,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/26/2013Joseph IantoscaCAOSell1,325$17.23$22,829.75View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/16/2013Christopher MaherCOOBuy1,000$16.81$16,810.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/13/2013Donald MclaughlinDirectorSell3,000$17.01$51,030.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for OceanFirst Financial Corp. (NASDAQ:OCFC)
DateHeadline
07/20/16 06:23 PMThe Law Offices of Vincent Wong
07/20/16 03:09 PMShareholder Alert: The Law Offices of Vincent Wong Launches an Investigation of the Board of Directors of Ocean Shore Holding Co. Regarding the Sale of the Company to Oceanfirst Financial Corp. - OSHC - [PR Newswire] - NEW YORK, July 20, 2016 /PRNewswire/ -- The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Ocean Shore Holding Co. (NASDAQ: OSHC) ("Ocean Shore Holding" ...
07/19/16 03:14 PMINVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Regarding Whether the Sale of Ocean Shore Holding Co. to Oceanfirst Financial Corp. is Fair to Shareholders - [Business Wire] - The following statement is being issued by Levi & Korsinsky, LLP:
07/18/16 12:00 PMSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of Ocean Shore Holding Co. to Oceanfirst Financial Corp. is Fair to Shareholders - OSHC - [PR Newswire] - NEW YORK, July 18, 2016 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Ocean Shore Holding Co. ("Ocean Shore") (NASDAQ: ...
07/15/16 03:07 PMOCEANFIRST FINANCIAL CORP Files SEC form 8-K/A, Financial Statements and Exhibits -
07/14/16 05:52 PMOcean Shore Holding (OSHC) Vaulted To A New High After Merger Agreement
07/14/16 05:52 PMOCEAN SHORE HOLDING INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC …
07/14/16 04:04 PMOCEANFIRST FINANCIAL CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Sta -
07/14/16 02:08 PMOCEAN SHORE HOLDING INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Ocean Shore Holding Co. - [PR Newswire] - NEW ORLEANS, July 14, 2016 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale ...
07/13/16 05:57 PMOCEAN SHORE HOLDING CO. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
07/13/16 05:57 PMOcean Shore Holding (OSHC) Has Soared To A New High After Merger
07/13/16 05:57 PMToms River bank agrees to buy 2nd South Jersey competitor this year
07/13/16 05:57 PMOceanfirst Financial (OCFC) to Acquire Ocean Shore Holding (OSHC) in ~$145.6M Deal
07/13/16 10:45 AMSHAREHOLDER ALERT: Levi & Korsinsky, LLP Has Commenced an Investigation Into Whether the Sale of Ocean Shore Holding Co. to Oceanfirst Financial Corp. is Fair to Shareholders - OSHC - [Accesswire] - NEW YORK, NY / ACCESSWIRE / July 13, 2016 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Ocean Shore Holding Co. (“Ocean Shore”) (NASDAQ: ...
07/13/16 07:33 AMOceanFirst Financial Corp. Announces Agreement to Acquire Ocean Shore Holding Co.; OceanFirst To Strengthen Franchise and Become Fourth Largest New Jersey Based Banking Institution by Deposit Market Share - [at noodls] - TOMS RIVER, N.J. and OCEAN CITY, N.J., July 13, 2016 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. ('OceanFirst') (NASDAQ:OCFC), headquartered in Toms River, New Jersey, and Ocean Shore Holding Co. ('Ocean ...
07/11/16 08:39 AMOceanFirst Financial Corp. breached its 50 day moving average in a Bullish Manner : OCFC-US : July 11, 2016 -
06/28/16 12:29 PMOceanFirst Financial Corp. :OCFC-US: Earnings Analysis: Q1, 2016 By the Numbers : June 28, 2016 -
06/28/16 08:20 AMOceanFirst Financial Corp. breached its 50 day moving average in a Bearish Manner : OCFC-US : June 28, 2016 -
06/23/16 05:03 AMOCEANFIRST FINANCIAL CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits -
06/21/16 02:09 PMOCEANFIRST FINANCIAL CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exh -
06/21/16 09:45 AMOceanFirst Financial Corp. Announces Appointment of Steven J. Tsimbinos to Executive Vice President - [GlobeNewswire] - TOMS RIVER, N.J., June 21, 2016-- OceanFirst Financial Corp., the holding company for OceanFirst Bank, announced the appointment of Steven J. Tsimbinos to Executive Vice President of OceanFirst Financial ...
06/02/16 12:15 PMOceanFirst Financial Corp. Announces Plans to Transition Chairman of the Board of Directors - [at noodls] - TOMS RIVER, N.J., June 02, 2016 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), the holding company for OceanFirst Bank, today announced that John R. Garbarino has decided to step down from ...
05/25/16 07:50 AMOceanFirst Financial Corp. breached its 50 day moving average in a Bullish Manner : OCFC-US : May 25, 2016 -
05/21/16 11:37 AMAnalyst Rating Check on OceanFirst Financial Corp. (NASDAQ:OCFC) - Wall Street Hints and News - Analyst Rating Check on OceanFirst Financial Corp. (NASDAQ:OCFC)Wall Street Hints and NewsCurrently, sell-side analysts have provided a consensus stock rating of 1.33 on shares of OceanFirst Financial Corp. (NASDAQ:OCFC). Analysts that cover the company will usually offer Buy, Sell, or Hold recommendations based on in-depth research.and more »
05/14/16 05:59 AMConsensus Rating Review for OceanFirst Financial Corp. (NASDAQ:OCFC) - Wall Street Hints and News - Consensus Rating Review for OceanFirst Financial Corp. (NASDAQ:OCFC)Wall Street Hints and NewsEquity research analysts currently have a consensus rating of 1.33 on shares of OceanFirst Financial Corp. (NASDAQ:OCFC). Sell-side analysts will typically rate a company's stock based on extensive research. These ratings usually translate into a Buy ...and more »
05/09/16 05:59 AMNext Weeks Broker Price Targets For OceanFirst Financial Corp. (NASDAQ:OCFC) - Share Trading News - Next Weeks Broker Price Targets For OceanFirst Financial Corp. (NASDAQ:OCFC)Share Trading News07/07/2014 – OceanFirst Financial Corp. was upgraded to “buy” by analysts at TheStreet. 06/20/2014 – OceanFirst Financial Corp. had its “outperform” rating reiterated by analysts at Boenning & Scattergood. They now have a USD 19 price target on the stock.and more »
05/07/16 05:48 AMOceanFirst Financial Corp (OCFC) is Trading Lower on Unusual Volume for May 05 - Equities.com - OceanFirst Financial Corp (OCFC) is Trading Lower on Unusual Volume for May 05Equities.comOceanFirst Financial Corp (OCFC) experienced unusually high volume on May. 05, as the stock lost 1.32% to a closing price of $18.01. The stock saw 129,414 shares trade hands over the course of the day on 1,209 trades. Given that the stock's average ...Latest Analyst Ratings For OceanFirst Financial Corp. (NASDAQ:OCFC)Share Trading NewsAre Analysts Bullish OceanFirst Financial Corp. (NASDAQ:OCFC) After Last Week?B.O.D.Y Confidentialall 8 news articles »
05/06/16 06:09 AMAverage Analyst Rating for OceanFirst Financial Corp. (NASDAQ:OCFC) - B.O.D.Y Confidential - Average Analyst Rating for OceanFirst Financial Corp. (NASDAQ:OCFC)B.O.D.Y ConfidentialWall Street analysts have provided an average broker recommendation of 1.33 on OceanFirst Financial Corp. (NASDAQ:OCFC) shares. The rating is determined by using the average of all analyst recommendations taken into consideration by Zacks ...and more »
05/04/16 05:08 AMOceanFirst Financial Corp (OCFC) is Trading Lower on Unusual Volume for May 02 - Equities.com - OceanFirst Financial Corp (OCFC) is Trading Lower on Unusual Volume for May 02Equities.comOceanFirst Financial Corp (OCFC) experienced unusually high volume on May. 02, as the stock lost 2.26% to a closing price of $19.04. The stock saw 219,162 shares trade hands over the course of the day on 1,525 trades. Given that the stock's average ...
05/03/16 05:47 AMOceanFirst Financial Corp. Completes Acquisition of Cape Bancorp, Inc. - GlobeNewswire (press release) - OceanFirst Financial Corp. Completes Acquisition of Cape Bancorp, Inc.GlobeNewswire (press release)TOMS RIVER, N.J., May 02, 2016 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), (“OceanFirst”), today announced the closing of its acquisition of Cape Bancorp, Inc. (“Cape”). OceanFirst is the holding company for OceanFirst Bank.OceanFirst Financial Closes $195 Mln Acquisition of Cape Bancorp (NASDAQ:OCFC)Sonoran Weekly ReviewBroker Outlook For The Week Ahead: OceanFirst Financial Corp. (NASDAQ:OCFC)Share Trading NewsCould OceanFirst Financial Corp. Recover After Today's Huge Decline?The Postall 5 news articles »
05/02/16 03:47 PMOCEANFIRST FINANCIAL CORP Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Change in Directors -
05/02/16 08:40 AMOceanFirst Financial Corp. Completes Acquisition of Cape Bancorp, Inc. - [at noodls] - TOMS RIVER, N.J., May 02, 2016 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), ('OceanFirst'), today announced the closing of its acquisition of Cape Bancorp, Inc. ('Cape'). OceanFirst is ...
04/26/16 03:49 PMOCEANFIRST FINANCIAL CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events, Fina -
04/26/16 09:44 AMOceanFirst Financial Corp. :OCFC-US: Earnings Analysis: Q4, 2015 By the Numbers -
04/26/16 08:42 AMOceanFirst Financial Corp. and Cape Bancorp, Inc. Receive Stockholder Approvals for Merger - [at noodls] - TOMS RIVER,N.J. and CAPE MAY COURT HOUSE, N.J., April 26, 2016 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. ('OceanFirst') (NASDAQ:OCFC), headquartered in Toms River, New Jersey, and Cape Bancorp, Inc. ...
04/26/16 08:29 AM9:29 am OceanFirst Finl & Cape Bancorp jointly announce shareholder approval of previously announced merger, transaction expected to close May 2 -
04/22/16 02:03 PMEdited Transcript of OCFC earnings conference call or presentation 22-Apr-16 3:00pm GMT -
04/21/16 04:12 PMOceanFirst Financial Corp. Announces First Quarter Financial Results - [at noodls] - TOMS RIVER, N.J., April 21, 2016 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), (the 'Company'), the holding company for OceanFirst Bank (the 'Bank'), today announced that diluted earnings ...
04/21/16 04:08 PMOceanFirst posts 1Q profit -
04/21/16 06:07 AMQ1 2016 OceanFirst Financial Corp Earnings Release - After Market Close -
03/29/16 01:28 PMOceanFirst Financial : Schedules Earnings Conference Call - (GlobeNewswire) - OceanFirst Financial Corp. (NASDAQ:OCFC), the holding company for OceanFirst Bank, today announced that it will issue its earnings release for the quarter ended March 31, 2016 on Thursday, April 21, 2016 after the market close. Management ...
03/28/16 03:59 PMOCEANFIRST FINANCIAL CORP Files SEC form 8-K, Other Events -
03/15/16 01:10 PMOCEANFIRST FINANCIAL CORP Files SEC form 10-K, Annual Report -
02/28/16 11:21 AMOceanFirst Financial Corp. (OCFC) - OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank that provides a range of community banking services to retail, government, and business customers. The company s deposit products include money market deposit accounts ...
02/18/16 11:00 AMForm 8-K OCEANFIRST FINANCIAL For: Feb 18 - OceanFirst Financial Corp. Forward-Looking Statements In addition to historical ... Experienced Leadership Name Position # of Years at OCFC # of Years In Banking Previous Experience Christopher D. Maher President, Chief Executive Officer 3 28 Patriot ...
01/25/16 04:31 PMCape Bancorp, Inc. (NASDAQ:CBNJ) Shareholder Alert: Investigation of Takeover by OceanFirst Financial Corp - On January 05, 2016, OceanFirst Financial Corp. (NASDAQ:OCFC), headquartered in Toms River, New Jersey, and Cape Bancorp, Inc. (NASDAQ:CBNJ) announced that they have entered into a definitive agreement and plan of merger pursuant to which Cape Bancorp ...
01/25/16 10:04 AMOceanFirst Financial Corp. Earnings Analysis: Q4, 2015 By the Numbers -
01/22/16 04:20 PMOceanFirst Financial's (OCFC) CEO Christopher Maher on Q4 2015 Results - Earnings Call Transcript - Good morning and welcome to the OceanFirst Financial Corp. Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today’s presentation there will be an opportunity to ask questions. [Operator Instructions ...
01/22/16 01:11 PMEdited Transcript of OCFC earnings conference call or presentation 22-Jan-16 4:00pm GMT -
01/21/16 05:13 PMOceanFirst Financial EPS in-line, beats on revenue -

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About OceanFirst Financial Corp.

OceanFirst Financial Corp. logoOceanFirst Financial Corp. is a holding company for OceanFirst Bank (the Bank). The Company is a savings and loan holding company. The Bank's principal business is attracting retail and business deposits in the communities surrounding its branch offices and investing those deposits primarily in loans, consisting of single-family, owner-occupied residential mortgage loans, and commercial real estate and other commercial loans. The Bank also invests in other types of loans, including residential construction and consumer loans. In addition, the Bank invests in mortgage-backed securities (MBS), securities issued by the United States Government and agencies thereof, corporate securities and other investments permitted by applicable law and regulations. The Bank's revenues are derived principally from interest on its loans, interest on its investment and MBS. The Bank also receives income from fees and service charges on loan and deposit products, wealth management services and others.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Savings & Loans
  • Sub-Industry: Thrifts & Mortgage Finance
  • Exchange: NASDAQ
  • Symbol: OCFC
  • CUSIP: 67523410
Key Metrics:
  • Previous Close: $18.61
  • 50 Day Moving Average: $18.47
  • 200 Day Moving Average: $17.91
  • P/E Ratio: 16.40
  • P/E Growth: 1.98
  • Market Cap: $316.14M
  • Beta: 0.68
  • Current Year EPS Consensus Estimate: $1.44 EPS
  • Next Year EPS Consensus Estimate: $1.74 EPS
Additional Links:
OceanFirst Financial Corp. (NASDAQ:OCFC) Chart for Tuesday, July, 26, 2016