OceanFirst Financial (OCFC) Expected to Announce Earnings on Thursday

Key Points

• Q1 2026 earnings are expected after the market closes on Thursday, April 23, with analysts forecasting EPS $0.4467 and revenue of $143.248 million; the company’s earnings call is set for April 24 at 11:00 AM ET.
• OceanFirst beat estimates last quarter (EPS $0.41 vs. $0.39) and analysts project $2.00 EPS for the current and next fiscal year; the consensus rating is Hold with an average target price of $21.33.
• The bank pays a quarterly dividend of $0.20 (annualized yield ~4.2%) with a dividend payout ratio near 69%, and roughly 71% of shares are held by institutional investors.

OceanFirst Financial (NASDAQ:OCFC - Get Free Report) will likely be announcing its Q1 2026 results after the market closes on Thursday, April 23rd. Analysts expect the company to announce earnings of $0.4467 per share and revenue of $143.2480 million for the quarter. Investors may visit the the company's upcoming Q1 2026 earning results page for the latest details on the call scheduled for Friday, April 24, 2026 at 11:00 AM ET.

OceanFirst Financial (NASDAQ:OCFC - Get Free Report) last posted its quarterly earnings results on Thursday, January 22nd. The savings and loans company reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.39 by $0.02. The firm had revenue of $104.69 million during the quarter, compared to the consensus estimate of $103.20 million. OceanFirst Financial had a return on equity of 5.14% and a net margin of 10.33%. On average, analysts expect OceanFirst Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

OceanFirst Financial Stock Up 0.9%

OCFC stock opened at $19.07 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.01. The business has a 50 day moving average price of $18.53 and a two-hundred day moving average price of $18.56. The company has a market cap of $1.09 billion, a price-to-earnings ratio of 16.44 and a beta of 1.00. OceanFirst Financial has a twelve month low of $15.45 and a twelve month high of $20.61.

OceanFirst Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Monday, February 2nd were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Monday, February 2nd. OceanFirst Financial's dividend payout ratio (DPR) is currently 68.97%.

Institutional Trading of OceanFirst Financial

A number of hedge funds have recently made changes to their positions in OCFC. T. Rowe Price Investment Management Inc. acquired a new stake in shares of OceanFirst Financial in the fourth quarter valued at approximately $38,976,000. Wellington Management Group LLP lifted its position in shares of OceanFirst Financial by 97.9% in the third quarter. Wellington Management Group LLP now owns 2,388,304 shares of the savings and loans company's stock valued at $41,963,000 after buying an additional 1,181,553 shares during the last quarter. First Trust Advisors LP lifted its position in shares of OceanFirst Financial by 301.9% in the fourth quarter. First Trust Advisors LP now owns 188,874 shares of the savings and loans company's stock valued at $3,390,000 after buying an additional 141,879 shares during the last quarter. Invesco Ltd. lifted its position in shares of OceanFirst Financial by 6.6% in the fourth quarter. Invesco Ltd. now owns 1,998,148 shares of the savings and loans company's stock valued at $35,867,000 after buying an additional 123,691 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its position in shares of OceanFirst Financial by 45.4% in the third quarter. Russell Investments Group Ltd. now owns 394,439 shares of the savings and loans company's stock valued at $6,930,000 after buying an additional 123,150 shares during the last quarter. 70.98% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on OCFC shares. Wall Street Zen upgraded OceanFirst Financial from a "sell" rating to a "hold" rating in a research note on Wednesday, January 28th. Weiss Ratings restated a "hold (c)" rating on shares of OceanFirst Financial in a research note on Thursday, January 22nd. DA Davidson downgraded OceanFirst Financial from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, December 30th. Finally, Raymond James Financial downgraded OceanFirst Financial from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 31st. One analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, OceanFirst Financial currently has a consensus rating of "Hold" and an average target price of $21.33.

About OceanFirst Financial

OceanFirst Financial Corporation NASDAQ: OCFC is a bank holding company headquartered in Toms River, New Jersey, that provides a full range of community banking and financial services through its principal subsidiary, OceanFirst Bank. Established in the early 20th century, the company has built its business around serving the deposit, lending and wealth management needs of individuals, small businesses, municipalities and nonprofit organizations across New Jersey and portions of New York.

The company's core activities include accepting consumer and business deposits, making commercial, municipal and consumer loans, and offering residential mortgage financing.

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