NASDAQ:NFBK

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

$15.20

+0.39 (+2.63 %)

(As of 03/8/2021 10:46 AM ET)

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Today's Range

$15.08

Now: $15.20▼

$15.25

50-Day Range

$12.36

MA: $13.34▼

$14.41

52-Week Range

$8.72

Now: $15.20▼

$14.82

Volume3,344 shs

Average Volume140,607 shs

Market Capitalization$807.47 million

P/E Ratio21.41

Dividend Yield2.97%

Beta0.73

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 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 primarily mortgage loans and other investments. As of January 29, 2020, the company operated through a network of 37 full-service banking offices located in Staten Island and Brooklyn, New York; and Hunterdon, Mercer, Middlesex, and Union counties, New Jersey. Northfield Bancorp, Inc. (Staten Island, NY) was founded in 1887 and is based in Woodbridge, New Jersey.

Headlines

Northfield Bancorp Announces the Retirement of John W. Alexander, Chairman of the Board
February 26, 2021 | finance.yahoo.com

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Passed Our Checks, And It's About To Pay A US$0.11 Dividend
February 4, 2021 | finance.yahoo.com

Northfield Bancorp, Inc. (Staten Island, NY) Just Beat EPS By 9.7%: Here's What Analysts Think Will Happen Next
January 31, 2021 | finance.yahoo.com

Northfield Bancorp, Inc. Announces Fourth Quarter and Year End 2020 Results
January 27, 2021 | finance.yahoo.com

Northfield Bancorp (NFBK) Q4 Earnings and Revenues Top Estimates
January 27, 2021 | finance.yahoo.com

Is Northfield Bancorp Inc (NFBK) A Good Stock To Buy?
December 3, 2020 | finance.yahoo.com

Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) Could Be A Buy For Its Upcoming Dividend
November 4, 2020 | finance.yahoo.com

Northfield Bancorp EPS beats by $0.04, beats on revenue
October 29, 2020 | seekingalpha.com

Northfield Bancorp, Inc. Announces Third Quarter 2020 Results
October 29, 2020 | finance.yahoo.com

Northfield Bancorp (NFBK) Tops Q3 Earnings and Revenue Estimates
October 29, 2020 | finance.yahoo.com

Earnings Preview: Northfield Bancorp (NFBK) Q3 Earnings Expected to Decline
October 21, 2020 | finance.yahoo.com

Northfield Bancorp (Staten Island NY)'s (NASDAQ:NFBK) Shareholders Are Down 49% On Their Shares
September 28, 2020 | finance.yahoo.com

Northfield Bancorp: Credit Risks Likely To Overshadow Benefits Of VSB Acquisition
September 28, 2020 | seekingalpha.com

Northfield Bancorp (NFBK) Conference Presentation - Slideshow
August 2, 2020 | seekingalpha.com

Should You Buy Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) For Its Upcoming Dividend?
July 30, 2020 | finance.yahoo.com

Northfield Bank Announces Executive Vice President Michael Widmer to Retire
July 29, 2020 | finance.yahoo.com

Why Northfield Bancorp Inc passes this dividend checklist
July 23, 2020 | uk.finance.yahoo.com

Northfield Bancorp EPS beats by $0.09
July 22, 2020 | seekingalpha.com

Northfield Bancorp (NFBK) Q2 Earnings and Revenues Top Estimates
July 22, 2020 | finance.yahoo.com

Earnings Preview: Northfield Bancorp (NFBK) Q2 Earnings Expected to Decline
July 15, 2020 | finance.yahoo.com

See More Headlines

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

Employees357

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.72

Current Ratio0.96

Quick Ratio0.96

Price-To-Earnings

Trailing P/E Ratio21.41

Forward P/E Ratio20.27

P/E GrowthN/A

Sales & Book Value

Annual Sales$179.95 million

Price / Sales4.49

Cash Flow$1.06 per share

Price / Cash Flow14.39

Book Value$14.15 per share

Price / Book1.07

Profitability

EPS (Most Recent Fiscal Year)$0.78

Net Income$40.24 million

Net Margins18.99%

Return on Equity4.67%

Return on Assets0.65%

Miscellaneous

Outstanding Shares53,123,000

Market Cap$807.47 million

Next Earnings Date5/5/2021 (Estimated)

OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.91 out of 5 stars

Finance Sector

283rd out of 1,940 stocks

Federal Savings Institutions Industry

13th 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 10.8% from its current price of $15.13.
Amount of Analyst Coverage
Northfield Bancorp, Inc. (Staten Island, NY) has only been the subject of 1 research reports 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 2.97%, 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 163.42% more of their company's stock than they have bought. Specifically, they have bought $34,356.00 in company stock and sold $90,500.00 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.

2.5 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 21.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 31.16.
Price to Earnings Ratio vs. Sector
The P/E ratio of Northfield Bancorp, Inc. (Staten Island, NY) is 21.31, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 23.30.
Price to Book Value per Share Ratio
Northfield Bancorp, Inc. (Staten Island, NY) has a P/B Ratio of 1.07. 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

$15.20

+0.39 (+2.63 %)

(As of 03/8/2021 10:46 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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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 year. 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.

Are investors shorting Northfield Bancorp, Inc. (Staten Island, NY)?

Northfield Bancorp, Inc. (Staten Island, NY) saw a decrease in short interest during the month of February. As of February 12th, there was short interest totaling 479,600 shares, a decrease of 20.9% from the January 28th total of 606,100 shares. Based on an average trading volume of 160,400 shares, the short-interest ratio is currently 3.0 days. Currently, 1.0% of the company's stock are sold short.
View Northfield Bancorp, Inc. (Staten Island, NY)'s Short Interest.

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, May 5th 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) posted its quarterly earnings results on Tuesday, January, 26th. The bank reported $0.29 EPS for the quarter, beating the consensus estimate of $0.20 by $0.09. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 18.99% and a trailing twelve-month return on equity of 4.67%.
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 (WHO). Since then, NFBK shares have increased by 21.0% and is now trading at $15.13.
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) declared a quarterly dividend on Wednesday, January 27th. Investors of record on Wednesday, February 10th will be given a dividend of $0.11 per share on Wednesday, February 24th. This represents a $0.44 dividend on an annualized basis and a yield of 2.91%. The ex-dividend date of this dividend is Tuesday, February 9th.
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 2.97%. 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 equities research analysts have issued 12 month price targets 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 year. This suggests that the stock has a possible downside of 10.8%.
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 $976.57k)
Mr. William R. Jacobs, Exec. VP & CFO (Age 47, Pay $522.75k)
Ms. Tara L. French, Exec. VP & Chief Risk Officer (Age 58, Pay $492.48k)
Mr. David V. Fasanella, Exec. VP & Chief Lending Officer (Age 53, Pay $454.5k)
Mr. Damien D. Kane, Director of Marketing
Ms. Robin Lefkowitz, Exec. VP, Director of Bus. Devel. & Branch Admin. (Age 54)
Ms. M. Eileen Bergin, Sr. VP & Corp. Sec.
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), TFS Financial (TFSL), New York Community Bancorp (NYCB), MGIC Investment (MTG), Radian Group (RDN), Walker & Dunlop (WD), LendingTree (TREE), The Simply Good Foods (SMPL), WSFS Financial (WSFS), Washington Federal (WAFD), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), Provident Financial Services (PFS), 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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (14.18%), Dimensional Fund Advisors LP (7.02%), Renaissance Technologies LLC (3.77%), JPMorgan Chase & Co. (2.07%), Bank of New York Mellon Corp (1.21%) and Northern Trust Corp (1.16%). 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, Kenneth J Doherty, 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 major 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 Renaissance Technologies LLC, JPMorgan Chase & Co., Nuveen Asset Management LLC, State of New Jersey Common Pension Fund D, Northern Trust Corp, Assenagon Asset Management S.A., Dimensional Fund Advisors LP, and State of Alaska Department of Revenue. 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 major 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 BlackRock Inc., Alliancebernstein L.P., SG Americas Securities LLC, ExodusPoint Capital Management LP, Rhumbline Advisers, Credit Suisse AG, Citigroup Inc., and Principal Financial Group 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 $15.13.

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

Northfield Bancorp, Inc. (Staten Island, NY) has a market capitalization of $803.75 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 357 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 3/8/2021 by MarketBeat.com Staff

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