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

2 Wall Street 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 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.
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2 Wall Street analysts have issued 12 month target prices for Northfield Bancorp, Inc. (Staten Island, NY)'s shares. Their NFBK share price forecasts range from $17.00 to $17.00. On average, they expect the company's stock price to reach $17.00 in the next year. This suggests a possible upside of 45.7% from the stock's current price.
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Northfield Bancorp, Inc. (Staten Island, NY)'s stock was trading at $15.73 at the start of the year. Since then, NFBK shares have decreased by 25.8% and is now trading at $11.67.
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Northfield Bancorp, Inc. (Staten Island, NY) saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 712,000 shares, an increase of 23.1% from the February 28th total of 578,400 shares. Based on an average daily volume of 174,000 shares, the short-interest ratio is currently 4.1 days. Approximately 1.7% of the company's shares are short sold.
View Northfield Bancorp, Inc. (Staten Island, NY)'s Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our NFBK earnings forecast.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) posted its earnings results on Wednesday, January, 25th. The bank reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.36 by $0.05. The bank earned $42.56 million during the quarter, compared to the consensus estimate of $43.79 million. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 32.57% and a trailing twelve-month return on equity of 8.65%.

Northfield Bancorp, Inc. (Staten Island, NY) declared a quarterly dividend on Wednesday, January 25th. Shareholders of record on Wednesday, February 8th will be paid a dividend of $0.13 per share on Wednesday, February 22nd. This represents a $0.52 annualized dividend and a dividend yield of 4.46%. The ex-dividend date of this dividend is Tuesday, February 7th.
Read our dividend analysis for NFBK.

ETFs with the largest weight of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) stock in their portfolio include ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Low Volatility ETF (XSLV), iShares US Small Cap Value Factor ETF (SVAL), ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Financials ETF (PSCF).

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) pays an annual dividend of $0.52 per share and currently has a dividend yield of 4.29%. NFBK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 39.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NFBK will have a dividend payout ratio of 44.07% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NFBK.

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.

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).

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

Northfield Bancorp, Inc. (Staten Island, NY)'s stock is owned by a number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.99%), Renaissance Technologies LLC (3.03%), Geode Capital Management LLC (1.70%), JPMorgan Chase & Co. (1.14%), Charles Schwab Investment Management Inc. (1.13%) and Morgan Stanley (0.70%). Insiders that own company stock include David Fasanella, Eagle Point Credit Management, Frank P Patafio, Gil Chapman, John P Connors Jr, Patrick Louis Ryan, Paul Stahlin, Robin Lefkowitz, Steven M Klein, Tara L French and William R Jacobs.
View institutional ownership trends.

Shares of NFBK stock 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.
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One share of NFBK stock can currently be purchased for approximately $11.67.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) has a market capitalization of $546.74 million and generates $187.67 million in revenue each year. The bank earns $61.12 million in net income (profit) each year or $1.32 on an earnings per share basis.

The company employs 379 workers across the globe.

Northfield Bancorp, Inc. (Staten Island, NY)'s mailing address is 581 MAIN STREET, WOODBRIDGE NJ, 07095. The official website for the company is www.enorthfield.com. The bank can be reached via phone at (732) 499-7200 or via email at ebergin@enorthfield.com.