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Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) Stock Price, News & Analysis

$8.60
-0.35 (-3.91%)
(As of 05/29/2024 ET)
Today's Range
$8.54
$8.75
50-Day Range
$8.13
$9.75
52-Week Range
$7.99
$13.48
Volume
133,383 shs
Average Volume
214,494 shs
Market Capitalization
$381.10 million
P/E Ratio
11.46
Dividend Yield
6.05%
Price Target
$11.00

Northfield Bancorp, Inc. (Staten Island, NY) MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
28.0% Upside
$11.00 Price Target
Short Interest
Bearish
3.44% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.88mentions of Northfield Bancorp, Inc. (Staten Island, NY) in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$11,468 Bought Last Quarter
Proj. Earnings Growth
48.44%
From $0.64 to $0.95 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.60 out of 5 stars

Finance Sector

280th out of 874 stocks

Federal Savings Institutions Industry

9th out of 35 stocks

NFBK stock logo

About Northfield Bancorp, Inc. (Staten Island, NY) Stock (NASDAQ:NFBK)

Northfield Bancorp, Inc. (Staten Island, NY) operates as the bank holding company for Northfield Bank that provides various banking products and services primarily to individuals and corporate customers. It accepts various deposits products, including certificates of deposit, passbook, statement, and money market savings accounts; transaction deposit accounts comprising negotiable orders of withdrawal accounts, and interest and non-interest-bearing checking accounts; and brokered deposits. The company also offers various loans comprising multifamily and other commercial real estate loans, construction and land loans, commercial and industrial loans, one-to-four family residential real estate loans, and home equity loans and lines of credit. In addition, it purchases various investment securities, such as mortgage-backed securities and corporate bonds; and deposits funds in other financial institutions, as well as holds mortgage loans, mortgage-backed securities, and other investments. Further, the company provides automated teller machines; telephone, internet, and mobile banking services; and ACH and wire transfers, cash management, positive pay, and remote deposit capture services. It operates full-service banking offices in Staten Island and Brooklyn, New York; and Hunterdon, Middlesex, Mercer, and Union counties, New Jersey. Northfield Bancorp, Inc. (Staten Island, NY) was founded in 1887 and is headquartered in Woodbridge, New Jersey.

NFBK Stock Price History

NFBK Stock News Headlines

Northfield Bancorp, Inc. (Staten Island, NY) (NFBK)
NFBK Jun 2024 12.500 call
Northwest Bancshares (NWBI) Matches Q4 Earnings Estimates
Northfield Bancorp Inc NFBK
Thomson Reuters' third-quarter profit beats estimates
See More Headlines
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Company Calendar

Last Earnings
4/24/2024
Ex-Dividend for 5/22 Dividend
5/07/2024
Dividend Payable
5/22/2024
Today
5/29/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Federal savings institutions
Sub-Industry
Thrifts & Mortgage Finance
Current Symbol
NASDAQ:NFBK
CUSIP
66611T10
Fax
N/A
Employees
397
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.00
High Stock Price Target
$11.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+22.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$37.67 million
Pretax Margin
19.19%

Debt

Sales & Book Value

Annual Sales
$220.69 million
Cash Flow
$1.07 per share
Book Value
$15.75 per share

Miscellaneous

Free Float
41,471,000
Market Cap
$396.84 million
Optionable
Optionable
Beta
0.71
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NFBK Stock Analysis - Frequently Asked Questions

Should I buy or sell Northfield Bancorp, Inc. (Staten Island, NY) stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Northfield Bancorp, Inc. (Staten Island, NY) in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" NFBK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NFBK, but not buy additional shares or sell existing shares.
View NFBK analyst ratings
or view top-rated stocks.

What is Northfield Bancorp, Inc. (Staten Island, NY)'s stock price target for 2024?

2 brokers have issued twelve-month price targets for Northfield Bancorp, Inc. (Staten Island, NY)'s stock. Their NFBK share price targets range from $11.00 to $11.00. On average, they predict the company's share price to reach $11.00 in the next year. This suggests a possible upside of 28.0% from the stock's current price.
View analysts price targets for NFBK
or view top-rated stocks among Wall Street analysts.

How have NFBK shares performed in 2024?

Northfield Bancorp, Inc. (Staten Island, NY)'s stock was trading at $12.58 at the start of the year. Since then, NFBK shares have decreased by 31.7% and is now trading at $8.5950.
View the best growth stocks for 2024 here
.

When is Northfield Bancorp, Inc. (Staten Island, NY)'s next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our NFBK earnings forecast
.

How were Northfield Bancorp, Inc. (Staten Island, NY)'s earnings last quarter?

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) posted its quarterly earnings results on Wednesday, April, 24th. The bank reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.01. The bank earned $62.03 million during the quarter, compared to the consensus estimate of $30.93 million. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 14.02% and a trailing twelve-month return on equity of 4.65%.

How often does Northfield Bancorp, Inc. (Staten Island, NY) pay dividends? What is the dividend yield for Northfield Bancorp, Inc. (Staten Island, NY)?

Northfield Bancorp, Inc. (Staten Island, NY) declared a quarterly dividend on Wednesday, April 24th. Investors of record on Wednesday, May 8th will be paid a dividend of $0.13 per share on Wednesday, May 22nd. This represents a $0.52 dividend on an annualized basis and a yield of 6.05%. The ex-dividend date is Tuesday, May 7th.
Read our dividend analysis for NFBK
.

Is Northfield Bancorp, Inc. (Staten Island, NY) a good dividend stock?

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) pays an annual dividend of $0.52 per share and currently has a dividend yield of 5.78%. NFBK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 69.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NFBK will have a dividend payout ratio of 54.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NFBK.

What is Steven M. Klein's approval rating as Northfield Bancorp, Inc. (Staten Island, NY)'s CEO?

5 employees have rated Northfield Bancorp, Inc. (Staten Island, NY) Chief Executive Officer Steven M. Klein on Glassdoor.com. Steven M. Klein has an approval rating of 100% among the company's employees. This puts Steven M. Klein in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Northfield Bancorp, Inc. (Staten Island, NY) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Northfield Bancorp, Inc. (Staten Island, NY) investors own include Huntington Bancshares (HBAN), JetBlue Airways (JBLU), Johnson & Johnson (JNJ), KeyCorp (KEY), Zayo Group (ZAYO), Dominion Energy (D), Marathon Petroleum (MPC), NNN REIT (NNN), Oritani Financial (ORIT) and

Who are Northfield Bancorp, Inc. (Staten Island, NY)'s major shareholders?

Northfield Bancorp, Inc. (Staten Island, NY)'s stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.32%), Principal Financial Group Inc. (0.46%), Assenagon Asset Management S.A. (0.41%), Empowered Funds LLC (0.31%), Jacobs Levy Equity Management Inc. (0.10%) and California State Teachers Retirement System (0.09%). Insiders that own company stock include David Fasanella, Eagle Point Credit Management, Frank P Patafio, Gil Chapman, John P Connors Jr, Patrick Louis Ryan, Robin Lefkowitz, Steven M Klein, Timothy C Harrison and William R Jacobs.
View institutional ownership trends
.

How do I buy shares of Northfield Bancorp, Inc. (Staten Island, NY)?

Shares of NFBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NFBK) was last updated on 5/29/2024 by MarketBeat.com Staff

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