NASDAQ:NFBK

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

$16.67

+0.12 (+0.73 %)

(As of 05/6/2021 12:20 PM ET)

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Today's Range

$16.54

▼

$16.68

50-Day Range

$15.10

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$16.69

52-Week Range

$8.72

▼

$16.73

Volume1,320 shs

Average Volume155,653 shs

Market Capitalization$859.89 million

P/E Ratio23.48

Dividend Yield2.64%

Beta0.73

30 days | 90 days | 365 days | Advanced Chart

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Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Federal savings institutions

Sub-IndustryThrifts & Mortgage Finance

SectorFinance

Current SymbolNASDAQ:NFBK

Previous Symbol

CUSIP66611T10

CIK1493225

Webwww.enorthfield.com

Phone732-499-7200

Employees370

Year FoundedN/A

Sales & Book Value

Annual Sales$179.95 million

Price / Sales4.78

Cash Flow$1.16 per share

Price / Cash Flow14.39

Book Value$14.15 per share

Price / Book1.18

Profitability

EPS (Most Recent Fiscal Year)$0.78

Net Income$40.24 million

Net Margins18.99%

Return on Equity4.67%

Return on Assets0.65%

Debt

Debt-to-Equity Ratio0.72

Current Ratio0.96

Quick Ratio0.96

Price-To-Earnings

Trailing P/E Ratio23.48

Forward P/E Ratio22.23

P/E GrowthN/A

Miscellaneous

Outstanding Shares51,583,000

Market Cap$859.89 million

Next Earnings Date7/28/2021 (Estimated)

OptionableOptionable

Headlines

Northfield Bancorp, Inc. (Staten Island, NY) to Post Q2 2021 Earnings of $0.29 Per Share, Piper Sandler Forecasts (NASDAQ:NFBK)
May 6, 2021 | americanbankingnews.com

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Increases Dividend to $0.13 Per Share
April 30, 2021 | americanbankingnews.com

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Posts Earnings Results, Beats Expectations By $0.11 EPS
April 29, 2021 | americanbankingnews.com

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Hits New 1-Year High Following Better-Than-Expected Earnings
April 29, 2021 | americanbankingnews.com

Did Northfield Bancorp (Staten Island NY)'s (NASDAQ:NFBK) Share Price Deserve to Gain 44%?
April 29, 2021 | nasdaq.com

Northfield Bancorp, Inc. Announces First Quarter 2021 Results
April 28, 2021 | finance.yahoo.com

Northfield Bancorp (NFBK) Tops Q1 Earnings and Revenue Estimates
April 28, 2021 | finance.yahoo.com

Northfield Bancorp (NFBK) to Report Q1 Results: Wall Street Expects Earnings Growth
April 28, 2021 | finance.yahoo.com

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Sets New 52-Week High at $16.48
April 17, 2021 | americanbankingnews.com

Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) Shareholders Booked A 61% Gain In The Last Year
April 5, 2021 | finance.yahoo.com

See More Headlines

About Northfield Bancorp, Inc. (Staten Island, NY)

Northfield Bancorp, Inc. (Staten Island, NY) operates as the bank holding company for Northfield Bank that provides various banking 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; individual retirement 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. As of February 24, 2021, the company operated 38 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 based in Woodbridge, New Jersey.

Overall MarketRank^™

1.78 out of 5 stars

Finance Sector

350th out of 1,953 stocks

Federal Savings Institutions Industry

17th out of 112 stocks

1.5 Analyst's Opinion

Consensus Rating
Northfield Bancorp, Inc. (Staten Island, NY) has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $13.50, Northfield Bancorp, Inc. (Staten Island, NY) has a forecasted downside of 19.0% from its current price of $16.66.
Amount of Analyst Coverage
Northfield Bancorp, Inc. (Staten Island, NY) has received no research coverage in the past 90 days.

2.2 Community Rank

Outperform Votes
Northfield Bancorp, Inc. (Staten Island, NY) has received 213 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Northfield Bancorp, Inc. (Staten Island, NY) has received 281 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Northfield Bancorp, Inc. (Staten Island, NY) has received 56.88% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Northfield Bancorp, Inc. (Staten Island, NY) and other stocks. Vote “Outperform” if you believe NFBK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NFBK will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
Northfield Bancorp, Inc. (Staten Island, NY) pays a meaningful dividend of 2.64%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Northfield Bancorp, Inc. (Staten Island, NY) has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Northfield Bancorp, Inc. (Staten Island, NY) is 56.41%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Northfield Bancorp, Inc. (Staten Island, NY) will have a dividend payout ratio of 51.16% next year. This indicates that Northfield Bancorp, Inc. (Staten Island, NY) will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Northfield Bancorp, Inc. (Staten Island, NY) insiders have sold 167.56% more of their company's stock than they have bought. Specifically, they have bought $15,660.00 in company stock and sold $41,900.00 in company stock.
Percentage Held by Insiders
Only 7.15% of the stock of Northfield Bancorp, Inc. (Staten Island, NY) is held by insiders.
Percentage Held by Institutions
56.79% of the stock of Northfield Bancorp, Inc. (Staten Island, NY) is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Northfield Bancorp, Inc. (Staten Island, NY) are expected to grow by 14.67% in the coming year, from $0.75 to $0.86 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Northfield Bancorp, Inc. (Staten Island, NY) is 23.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.85.
Price to Earnings Ratio vs. Sector
The P/E ratio of Northfield Bancorp, Inc. (Staten Island, NY) is 23.47, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 23.12.
Price to Book Value per Share Ratio
Northfield Bancorp, Inc. (Staten Island, NY) has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Frequently Asked Questions

Is Northfield Bancorp, Inc. (Staten Island, NY) a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Northfield Bancorp, Inc. (Staten Island, NY) in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Northfield Bancorp, Inc. (Staten Island, NY) stock.
View analyst ratings for Northfield Bancorp, Inc. (Staten Island, NY) or view top-rated stocks.

What stocks does MarketBeat like better than Northfield Bancorp, Inc. (Staten Island, NY)?

Wall Street analysts have given Northfield Bancorp, Inc. (Staten Island, NY) a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Northfield Bancorp, Inc. (Staten Island, NY) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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

Northfield Bancorp, Inc. (Staten Island, NY) is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for Northfield Bancorp, Inc. (Staten Island, NY).

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

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) announced its earnings results on Tuesday, April, 27th. The bank reported $0.38 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.27 by $0.11. Northfield Bancorp, Inc. (Staten Island, NY) had a trailing twelve-month return on equity of 4.67% and a net margin of 18.99%.
View Northfield Bancorp, Inc. (Staten Island, NY)'s earnings history.

How has Northfield Bancorp, Inc. (Staten Island, NY)'s stock been impacted by Coronavirus?

Northfield Bancorp, Inc. (Staten Island, NY)'s stock was trading at $12.50 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NFBK stock has increased by 33.4% and is now trading at $16.67.
View which stocks have been most impacted by COVID-19.

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) announced a quarterly dividend on Wednesday, April 28th. Investors of record on Wednesday, May 12th will be paid a dividend of $0.13 per share on Wednesday, May 26th. This represents a $0.52 annualized dividend and a dividend yield of 3.12%. The ex-dividend date is Tuesday, May 11th. This is a positive change from Northfield Bancorp, Inc. (Staten Island, NY)'s previous quarterly dividend of $0.11.
View Northfield Bancorp, Inc. (Staten Island, NY)'s dividend history.

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

Northfield Bancorp, Inc. (Staten Island, NY) pays an annual dividend of $0.44 per share and currently has a dividend yield of 2.64%. Northfield Bancorp, Inc. (Staten Island, NY) does not yet have a strock track record of dividend growth. The dividend payout ratio of Northfield Bancorp, Inc. (Staten Island, NY) is 56.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Northfield Bancorp, Inc. (Staten Island, NY) will have a dividend payout ratio of 51.16% next year. This indicates that Northfield Bancorp, Inc. (Staten Island, NY) will be able to sustain or increase its dividend.
View Northfield Bancorp, Inc. (Staten Island, NY)'s dividend history.

What price target have analysts set for NFBK?

2 brokers have issued 12-month price objectives for Northfield Bancorp, Inc. (Staten Island, NY)'s shares. Their forecasts range from $12.00 to $15.00. On average, they expect Northfield Bancorp, Inc. (Staten Island, NY)'s share price to reach $13.50 in the next twelve months. This suggests that the stock has a possible downside of 19.0%.
View analysts' price targets for Northfield Bancorp, Inc. (Staten Island, NY) or view top-rated stocks among Wall Street analysts.

Who are Northfield Bancorp, Inc. (Staten Island, NY)'s key executives?

Northfield Bancorp, Inc. (Staten Island, NY)'s management team includes the following people:

Mr. Steven M. Klein CPA, Pres, CEO & Director (Age 55, Pay $1.06M)
Mr. William R. Jacobs, Exec. VP & CFO (Age 47, Pay $555.67k)
Ms. Robin Lefkowitz, Exec. VP of Bus. Devel. & Branch Admin. (Age 54, Pay $417.83k)
Ms. Tara L. French, Exec. VP & Chief Risk Officer (Age 58, Pay $506.05k)
Mr. David V. Fasanella, Exec. VP & Chief Lending Officer (Age 53, Pay $500.69k)
Mr. Damien D. Kane, Director of Marketing
Ms. Suzanne E. Andrews, VP & Company Sec. (Age 61)
Mr. Daniel A Greene, Sr. VP of Northfield Bank and Commercial Banking Lead of Northfield Bank
Mr. Christopher Donohue, Sr. VP of Northfield Bank

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

Who are some of Northfield Bancorp, Inc. (Staten Island, NY)'s key competitors?

Some companies that are related to Northfield Bancorp, Inc. (Staten Island, NY) include People's United Financial (PBCT), New York Community Bancorp (NYCB), TFS Financial (TFSL), MGIC Investment (MTG), Radian Group (RDN), Walker & Dunlop (WD), The Simply Good Foods (SMPL), LendingTree (TREE), Washington Federal (WAFD), WSFS Financial (WSFS), Provident Financial Services (PFS), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), OceanFirst Financial (OCFC) and Brookline Bancorp (BRKL).
View all of NFBK's competitors.

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), National Retail Properties (NNN), Oritani Financial (ORIT) and People's United Financial (PBCT).

What is Northfield Bancorp, Inc. (Staten Island, NY)'s stock symbol?

Northfield Bancorp, Inc. (Staten Island, NY) trades on the NASDAQ under the ticker symbol "NFBK."

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

Northfield Bancorp, Inc. (Staten Island, NY)'s stock is owned by a number of retail and institutional investors. Top institutional shareholders include State of New Jersey Common Pension Fund D (0.51%), Assenagon Asset Management S.A. (0.17%), Comerica Bank (0.09%), Texas Permanent School Fund (0.07%), State of Alaska Department of Revenue (0.06%) and The Manufacturers Life Insurance Company (0.06%). Company insiders that own Northfield Bancorp, Inc. (Staten Island, NY) stock include Annette Catino, David Fasanella, Frank P Patafio, Gil Chapman, John P Connors Jr, John Wade Alexander, Michael J Widmer, Patrick E Scura Jr, Patrick Louis Ryan, Paul Stahlin, Robin Lefkowitz, Steven M Klein, Tara L French and William R Jacobs.
View institutional ownership trends for Northfield Bancorp, Inc. (Staten Island, NY).

Which institutional investors are selling Northfield Bancorp, Inc. (Staten Island, NY) stock?

NFBK stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., State of Alaska Department of Revenue, Texas Permanent School Fund, Comerica Bank, The Manufacturers Life Insurance Company , Zurcher Kantonalbank Zurich Cantonalbank , New York State Teachers Retirement System, and Louisiana State Employees Retirement System. Company insiders that have sold Northfield Bancorp, Inc. (Staten Island, NY) company stock in the last year include Frank P Patafio, Gil Chapman, and Robin Lefkowitz.
View insider buying and selling activity for Northfield Bancorp, Inc. (Staten Island, NY) or view top insider-selling stocks.

Which institutional investors are buying Northfield Bancorp, Inc. (Staten Island, NY) stock?

NFBK stock was bought by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, and Victory Capital Management Inc.. Company insiders that have bought Northfield Bancorp, Inc. (Staten Island, NY) stock in the last two years include David Fasanella, John P Connors Jr, Patrick Louis Ryan, Paul Stahlin, Steven M Klein, and Tara L French.
View insider buying and selling activity for Northfield Bancorp, Inc. (Staten Island, NY) or or view top insider-buying stocks.

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

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

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

One share of NFBK stock can currently be purchased for approximately $16.67.

How much money does Northfield Bancorp, Inc. (Staten Island, NY) make?

Northfield Bancorp, Inc. (Staten Island, NY) has a market capitalization of $859.89 million and generates $179.95 million in revenue each year. The bank earns $40.24 million in net income (profit) each year or $0.78 on an earnings per share basis.

How many employees does Northfield Bancorp, Inc. (Staten Island, NY) have?

Northfield Bancorp, Inc. (Staten Island, NY) employs 370 workers across the globe.

What is Northfield Bancorp, Inc. (Staten Island, NY)'s official website?

The official website for Northfield Bancorp, Inc. (Staten Island, NY) is www.enorthfield.com.

Where are Northfield Bancorp, Inc. (Staten Island, NY)'s headquarters?

Northfield Bancorp, Inc. (Staten Island, NY) is headquartered at 581 MAIN STREET, WOODBRIDGE NJ, 07095.

How can I contact Northfield Bancorp, Inc. (Staten Island, NY)?

Northfield Bancorp, Inc. (Staten Island, NY)'s mailing address is 581 MAIN STREET, WOODBRIDGE NJ, 07095. The bank can be reached via phone at 732-499-7200 or via email at [email protected]

This page was last updated on 5/6/2021 by MarketBeat.com Staff

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