NASDAQ:OCFC OceanFirst Financial (OCFC) Stock Price, News & Analysis $18.58 +0.21 (+1.14%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$18.16▼$18.7950-Day Range$14.09▼$18.6952-Week Range$12.01▼$19.58Volume271,475 shsAverage Volume318,909 shsMarket Capitalization$1.09 billionP/E Ratio10.87Dividend Yield4.31%Price Target$18.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get OceanFirst Financial alerts: Email Address OceanFirst Financial MarketRank™ Stock AnalysisAnalyst RatingHold2.20 Rating ScoreUpside/Downside3.1% Downside$18.00 Price TargetShort InterestHealthy2.88% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.39Based on 16 Articles This WeekInsider TradingSelling Shares$54,215 Sold Last QuarterProj. Earnings Growth8.12%From $1.60 to $1.73 Per ShareSee Full Details Hide Full Details 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.3.24 out of 5 starsFinance Sector423rd out of 898 stocksNational Commercial Banks Industry48th out of 88 stocks 1.1 Analyst's Opinion Consensus RatingOceanFirst Financial has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageOceanFirst Financial has only been the subject of 1 research reports in the past 90 days.Read more about OceanFirst Financial's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.88% of the float of OceanFirst Financial has been sold short.Short Interest Ratio / Days to CoverOceanFirst Financial has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in OceanFirst Financial has recently decreased by 0.61%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipOceanFirst Financial is a leading dividend payer. It pays a dividend yield of 4.50%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthOceanFirst Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of OceanFirst Financial is 46.78%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, OceanFirst Financial will have a dividend payout ratio of 46.24% next year. This indicates that OceanFirst Financial will be able to sustain or increase its dividend.Read more about OceanFirst Financial's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for OCFC. Previous Next 3.0 News and Social Media Coverage News SentimentOceanFirst Financial has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 16 news articles for OceanFirst Financial this week, compared to 2 articles on an average week.Search Interest1 people have searched for OCFC on MarketBeat in the last 30 days. MarketBeat Follows2 people have added OceanFirst Financial to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, OceanFirst Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $54,215.00 in company stock.Percentage Held by InsidersOnly 5.00% of the stock of OceanFirst Financial is held by insiders.Percentage Held by Institutions70.98% of the stock of OceanFirst Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about OceanFirst Financial's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for OceanFirst Financial are expected to grow by 8.12% in the coming year, from $1.60 to $1.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of OceanFirst Financial is 10.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.Price to Earnings Ratio vs. SectorThe P/E ratio of OceanFirst Financial is 10.87, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.03.Price to Book Value per Share RatioOceanFirst Financial has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about OceanFirst Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIHow a $0.25 cent option contract makes my top traders feelIf you don’t know me, I’ve been in the markets for over 40 years… but recently, I’ve discovered a breakthrough that might be my favorite strategy of ALL time! While I kept the finer details of these $0.25 Cent Trades under wraps until recently…Click now to see for yourself what $0.25 Cent Trades is all about About OceanFirst Financial Stock (NASDAQ:OCFC)OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services to retail and commercial customers. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits, that includes brokered deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, trust and asset management services; and bank owned life insurance products. The company was founded in 1902 and is based in Red Bank, New Jersey.Read More OCFC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OCFC Stock News HeadlinesJuly 24 at 3:44 AM | americanbankingnews.comOceanFirst Financial Corp. to Post Q3 2024 Earnings of $0.39 Per Share, DA Davidson Forecasts (NASDAQ:OCFC)July 23 at 4:29 PM | finance.yahoo.comOceanFirst Financial (NASDAQ:OCFC) Is Due To Pay A Dividend Of $0.20July 26, 2024 | American Hartford Gold Group (Ad)Dave Ramsey Makes Big Mistake Live On AirDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.July 22, 2024 | msn.comOceanFirst Financial Corp. (NASDAQ:OCFC) Q2 2024 Earnings Call TranscriptJuly 21, 2024 | gurufocus.comQ2 2024 OceanFirst Financial Corp Earnings Call TranscriptJuly 21, 2024 | americanbankingnews.comOceanFirst Financial (NASDAQ:OCFC) Shares Gap Down Following Weak EarningsJuly 20, 2024 | sg.finance.yahoo.comOceanFirst Financial Second Quarter 2024 Earnings: Misses ExpectationsJuly 20, 2024 | americanbankingnews.comOceanFirst Financial (NASDAQ:OCFC) Announces Quarterly Earnings Results, Misses Estimates By $0.03 EPSJuly 26, 2024 | WealthPress (Ad)New trading system called MSFT, NVDA & MSFTLook 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. 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(NASDAQ:OCFC) to Issue $0.20 Quarterly DividendJuly 19, 2024 | marketwatch.comOceanFirst Financial Shares Drop 16% After Earnings MissJuly 19, 2024 | markets.businessinsider.comOceanfirst Financial (OCFC) Gets a Hold from KBWJuly 19, 2024 | americanbankingnews.comUniCredit (OTCMKTS:UNCRY) and OceanFirst Financial (NASDAQ:OCFC) Head-To-Head AnalysisJuly 18, 2024 | investorplace.comOCFC Stock Earnings: OceanFirst Financial Misses EPS, Misses Revenue for Q2 2024July 18, 2024 | gurufocus.comOceanFirst Financial Corp Q2 2024 Earnings: EPS Misses Estimates, Revenue Falls ShortJuly 18, 2024 | globenewswire.comOceanFirst Financial Corp. Announces Second Quarter Financial ResultsJuly 16, 2024 | americanbankingnews.comOceanFirst Financial (OCFC) Set to Announce Earnings on ThursdayJuly 2, 2024 | seekingalpha.comOceanFirst Financial At Risk Of Treading Water Without Competitive DifferentiationSee More Headlines Receive OCFC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for OceanFirst Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 5/17 Dividend5/03/2024Dividend Payable5/17/2024Last Earnings7/18/2024Today7/26/2024Ex-Dividend for 8/16 Dividend8/05/2024Dividend Payable8/16/2024Next Earnings (Estimated)10/17/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry National commercial banks Sub-IndustryThrifts & Mortgage Finance Current SymbolNASDAQ:OCFC CUSIP67523410 CIK1004702 Webwww.oceanfirst.com Phone(732) 240-4500Fax302-655-5049Employees878Year Founded1902Price Target and Rating Average Stock Price Target$18.00 High Stock Price Target$20.00 Low Stock Price Target$15.00 Potential Upside/Downside-1.9%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.71 Trailing P/E Ratio10.73 Forward P/E Ratio11.47 P/E GrowthN/ANet Income$104.03 million Net Margins14.78% Pretax Margin20.68% Return on Equity5.87% Return on Assets0.72% Debt Debt-to-Equity Ratio0.67 Current Ratio1.00 Quick Ratio0.99 Sales & Book Value Annual Sales$641.60 million Price / Sales1.68 Cash Flow$2.22 per share Price / Cash Flow8.27 Book Value$27.96 per share Price / Book0.66Miscellaneous Outstanding Shares58,710,000Free Float55,777,000Market Cap$1.08 billion OptionableOptionable Beta1.03 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Christopher D. Maher (Age 57)Chairman & CEO Comp: $1.84MMr. Joseph J. Lebel III (Age 62)President, COO & Director Comp: $1.09MMr. Patrick S. Barrett (Age 60)CFO & Executive VP Comp: $800.45kMr. Steven J. Tsimbinos Esq. (Age 54)Executive VP, General Counsel & Corporate Secretary Comp: $582.23kMs. Michele B. Estep (Age 54)EVP and Chief Administrative Officer of OceanFirst Bank, N.A. Comp: $586.18kMr. Patrick Chong (Age 35)Senior VP, Corporate Controller & Principal Accounting Officer Ms. Angela K. Ho (Age 40)Senior VP & Chief Compliance Officer Mr. Anthony Giordano III (Age 58)Executive VP & Chief of Banking Operations Mr. Brian E. Schaeffer CISACISSP, Senior VP & Chief Information Security OfficerMr. David L. Berninger (Age 56)Executive VP & CRO More ExecutivesKey CompetitorsPremier FinancialNASDAQ:PFCPathward FinancialNASDAQ:CASHColumbia FinancialNASDAQ:CLBKFlagstar BancorpNYSE:FBCTFS FinancialNASDAQ:TFSLView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 21,765 shares on 7/26/2024Ownership: 0.848%Bailard Inc.Bought 13,700 shares on 7/26/2024Ownership: 0.023%Addison Capital CoBought 2,655 shares on 7/25/2024Ownership: 0.267%Hennessy Advisors Inc.Sold 25,000 shares on 7/23/2024Ownership: 0.315%Hennion & Walsh Asset Management Inc.Bought 9,159 shares on 7/20/2024Ownership: 0.038%View All Insider TransactionsView All Institutional Transactions OCFC Stock Analysis - Frequently Asked Questions How have OCFC shares performed this year? OceanFirst Financial's stock was trading at $17.36 at the beginning of the year. Since then, OCFC shares have increased by 7.0% and is now trading at $18.58. View the best growth stocks for 2024 here. How were OceanFirst Financial's earnings last quarter? OceanFirst Financial Corp. (NASDAQ:OCFC) released its earnings results on Thursday, July, 18th. The savings and loans company reported $0.39 EPS for the quarter, missing analysts' consensus estimates of $0.42 by $0.03. The savings and loans company earned $170.41 million during the quarter, compared to the consensus estimate of $94.93 million. OceanFirst Financial had a net margin of 14.78% and a trailing twelve-month return on equity of 5.87%. What is Christopher D. Maher's approval rating as OceanFirst Financial's CEO? 21 employees have rated OceanFirst Financial Chief Executive Officer Christopher D. Maher on Glassdoor.com. Christopher D. Maher has an approval rating of 97% among the company's employees. This puts Christopher D. Maher in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Who are OceanFirst Financial's major shareholders? OceanFirst Financial's top institutional shareholders include Bank of New York Mellon Corp (0.85%), Hennessy Advisors Inc. (0.32%), Wedge Capital Management L L P NC (0.31%) and Addison Capital Co (0.27%). Insiders that own company stock include Joseph M Jr Murphy, Michael D Devlin, Brian Schaeffer, Anthony Giordano III, Jack M Farris, Patricia Lynne Turner, Joseph Lebel III, Steven James Tsimbinos, Patrick Sean Barrett, Christopher Maher, John F Barros, Robert C Garrett, Michele B Estep, Karthik Sridharan, Angela K Ho and Nicos Katsoulis. View institutional ownership trends. How do I buy shares of OceanFirst Financial? Shares of OCFC 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. What other stocks do shareholders of OceanFirst Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that OceanFirst Financial investors own include B&G Foods (BGS), Occidental Petroleum (OXY), Pfizer (PFE), AT&T (T), Bank of America (BAC), Walt Disney (DIS) and Eastman Chemical (EMN). This page (NASDAQ:OCFC) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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