NASDAQ:NFBK

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

$16.32

-0.34 (-2.04 %)

(As of 06/17/2021 12:00 AM ET)

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Today's Range

$16.27

▼

$16.87

50-Day Range

$15.84

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$17.13

52-Week Range

$8.72

▼

$17.25

Volume354,817 shs

Average Volume151,904 shs

Market Capitalization$837.26 million

P/E Ratio15.69

Dividend Yield3.12%

Beta0.78

30 days | 90 days | 365 days | Advanced Chart

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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.

Here's Why "Trend" Investors Would Love Betting on Northfield (NFBK)
June 10, 2021 | finance.yahoo.com

Are You Looking for a Top Momentum Pick? Why Northfield Bancorp (NFBK) is a Great Choice
May 26, 2021 | finance.yahoo.com

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Stock Price Crosses Above 200-Day Moving Average of $13.96
May 25, 2021 | americanbankingnews.com

Here's Why We Think Northfield Bancorp, Inc. (Staten Island, NY)'s (NASDAQ:NFBK) CEO Compensation Looks Fair for the time being
May 20, 2021 | finance.yahoo.com

What Makes Northfield (NFBK) a Good Fit for "Trend Investing"
May 10, 2021 | finance.yahoo.com

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Looks Interesting, And It's About To Pay A Dividend
May 7, 2021 | finance.yahoo.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

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
Employees370
Year FoundedN/A

Sales & Book Value

Annual Sales$179.62 million
Price / Sales4.66
Cash Flow$1.10 per share
Price / Cash Flow14.87
Book Value$14.19 per share
Price / Book1.15

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares51,303,000
Market Cap$837.26 million
Next Earnings Date7/28/2021 (Estimated)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.82 out of 5 stars

Finance Sector

353rd out of 1,974 stocks

Federal Savings Institutions Industry

8th out of 110 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 17.3% from its current price of $16.32.
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 3.12%, 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 54.74%. 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 45.61% next year. This indicates that Northfield Bancorp, Inc. (Staten Island, NY) will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Northfield Bancorp, Inc. (Staten Island, NY) insiders have bought more of their company's stock than they have sold. Specifically, they have bought $62,253.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 7.12% of the stock of Northfield Bancorp, Inc. (Staten Island, NY) is held by insiders.
Percentage Held by Institutions
56.95% 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.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Northfield Bancorp, Inc. (Staten Island, NY) are expected to decrease by -5.79% in the coming year, from $1.21 to $1.14 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Northfield Bancorp, Inc. (Staten Island, NY) is 15.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 29.36.
Price to Earnings Ratio vs. Sector
The P/E ratio of Northfield Bancorp, Inc. (Staten Island, NY) is 15.69, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.74.
Price to Book Value per Share Ratio
Northfield Bancorp, Inc. (Staten Island, NY) has a P/B Ratio of 1.15. 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 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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Northfield Bancorp, Inc. (Staten Island, NY) wasn't one of them. MarketBeat thinks these five companies 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 increase in short interest during the month of May. As of May 28th, there was short interest totaling 591,900 shares, an increase of 18.7% from the May 13th total of 498,800 shares. Based on an average trading volume of 147,800 shares, the days-to-cover ratio is presently 4.0 days. Currently, 1.3% of the shares of the stock are short sold.
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, 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) released its earnings results on Tuesday, April, 27th. The bank reported $0.38 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.27 by $0.11. The bank earned $42.81 million during the quarter, compared to analysts' expectations of $38.63 million. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 27.71% and a trailing twelve-month return on equity of 7.14%.
View Northfield Bancorp, Inc. (Staten Island, NY)'s earnings history.

How has Northfield Bancorp, Inc. (Staten Island, NY)'s stock price 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 30.6% and is now trading at $16.32.
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, April 28th. Shareholders 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 dividend on an annualized basis and a yield of 3.19%. The ex-dividend date is Tuesday, May 11th. This is a boost 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 $0.52 per share and currently has a dividend yield of 3.12%. Northfield Bancorp, Inc. (Staten Island, NY) does not yet have a strong track record of dividend growth. The dividend payout ratio of Northfield Bancorp, Inc. (Staten Island, NY) is 54.74%. 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 45.61% 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 Wall Street analysts have issued 1 year price targets for Northfield Bancorp, Inc. (Staten Island, NY)'s shares. Their forecasts range from $12.00 to $15.00. On average, they anticipate 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 17.3%.
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), TFS Financial (TFSL), New York Community Bancorp (NYCB), MGIC Investment (MTG), Radian Group (RDN), The Simply Good Foods (SMPL), Walker & Dunlop (WD), LendingTree (TREE), WSFS Financial (WSFS), Washington Federal (WAFD), Provident Financial Services (PFS), Northwest Bancshares (NWBI), Capitol Federal Financial (CFFN), Berkshire Hills Bancorp (BHLB) and OceanFirst Financial (OCFC).
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 variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.83%), Dimensional Fund Advisors LP (7.12%), Renaissance Technologies LLC (3.51%), JPMorgan Chase & Co. (1.90%), Geode Capital Management LLC (1.55%) and Bank of New York Mellon Corp (1.26%). 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 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., Dimensional Fund Advisors LP, Acadian Asset Management LLC, Morgan Stanley, Goldman Sachs Group Inc., Northern Trust Corp, and Arrowstreet Capital Limited Partnership. 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 Wasatch Advisors Inc., BlackRock Inc., Geode Capital Management LLC, Kennedy Capital Management Inc., State of New Jersey Common Pension Fund D, IndexIQ Advisors LLC, Victory Capital Management Inc., and Russell Investments Group Ltd.. 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 $16.32.

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

Northfield Bancorp, Inc. (Staten Island, NY) has a market capitalization of $837.26 million and generates $179.62 million in revenue each year. The bank earns $36.99 million in net income (profit) each year or $0.95 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 6/17/2021 by MarketBeat.com Staff

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