OceanFirst Financial (OCFC) Stock Price, News & Analysis

Company Overview

OceanFirst Financial Corporation is the bank holding company for OceanFirst Bank, a full-service financial institution headquartered in Toms River, New Jersey. The company offers a comprehensive range of banking and financial solutions to individual, small business and commercial clients, drawing on more than a century of community banking expertise. Through its NASDAQ-listed parent company (OCFC), OceanFirst Financial has built a reputation for personalized service and relationship-driven banking across its footprint.

OceanFirst Bank provides traditional deposit products including checking, savings, money market accounts and certificates of deposit, as well as residential and commercial mortgage lending. The company’s small business and commercial lending offerings encompass working capital lines, equipment financing, commercial real estate loans and SBA-guaranteed loans. Wealth management services are delivered through OceanFirst Investment Services, which supports trust administration, financial planning and investment advisory solutions tailored to individual and institutional investors.

OceanFirst serves customers through a network of more than 50 branches across New Jersey and Delaware, complemented by a robust digital platform that includes online banking, mobile apps, Zelle® transfers, remote deposit capture and an extensive ATM network. Specialized banking teams focus on industry verticals such as healthcare, agriculture and professional services. The bank also offers merchant card services, treasury management and cash management solutions designed to streamline payment processing and optimize liquidity for its commercial clients.

Founded in 1902 as First National Bank of Toms River, the company reorganized as OceanFirst Financial Corporation in 2013 to support expansion and strategic acquisitions. Over the years, OceanFirst has integrated community banks and enhanced its service capabilities while maintaining local decision-making and community engagement. Under the leadership of Chairman and CEO Gary Saul, with a seasoned executive team led by Chief Financial Officer Thomas M. Brennan, OceanFirst Financial continues to focus on prudent growth, customer satisfaction and long-term value creation for shareholders and the communities it serves.

Key Stats

• Today's Range: $18.60 to $19.43
• 50-Day Range: $16.62 to $19.01
• 52-Week Range: $14.29 to $21.87
• Volume: 286,083 shs
• Average Volume: 295,555 shs
• Market Capitalization: $1.09 billion
• P/E Ratio: 12.21
• Dividend Yield: 4.28%
• Price Target: $20.67
• Consensus Rating: Moderate Buy

OceanFirst Financial Stock Analysis - MarketRank™

OceanFirst Financial scored higher than 88% of companies evaluated by MarketBeat, and ranked 186th out of 933 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

OceanFirst Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

OceanFirst Financial has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 28.13%

Earnings Growth

Earnings for OceanFirst Financial are expected to grow by 28.13% in the coming year, from $1.60 to $2.05 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of OceanFirst Financial is 12.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.50.

Price to Earnings Ratio vs. Sector

The P/E ratio of OceanFirst Financial is 12.21, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.15.

Price to Book Value per Share Ratio

OceanFirst Financial has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.51% of the float of OceanFirst Financial has been sold short.

Short Interest Ratio / Days to Cover

OceanFirst Financial has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in OceanFirst Financial has recently decreased by 7.04%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

OceanFirst Financial is a leading dividend payer. It pays a dividend yield of 4.23%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

OceanFirst Financial does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of OceanFirst Financial is 52.29%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, OceanFirst Financial will have a dividend payout ratio of 39.02% next year. This indicates that OceanFirst Financial will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.51% of the float of OceanFirst Financial has been sold short.

Short Interest Ratio / Days to Cover

OceanFirst Financial has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in OceanFirst Financial has recently decreased by 7.04%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.36

News Sentiment

OceanFirst Financial has a news sentiment score of 0.36. 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 0.91 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for OceanFirst Financial this week, compared to 4 articles on an average week.

MarketBeat Follows

1 people have added OceanFirst Financial to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, OceanFirst Financial insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 5.10% of the stock of OceanFirst Financial is held by insiders.

Percentage Held by Institutions

70.98% of the stock of OceanFirst Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

OCFC Stock Analysis - Frequently Asked Questions

How have OCFC shares performed this year?

OceanFirst Financial's stock was trading at $18.10 on January 1st, 2025. Since then, OCFC shares have increased by 3.2% and is now trading at $18.68.

How were OceanFirst Financial's earnings last quarter?

OceanFirst Financial Corp. (NASDAQ:OCFC) released its quarterly earnings results on Thursday, April, 24th. The savings and loans company reported $0.35 earnings per share for the quarter, meeting the consensus estimate of $0.35. The savings and loans company earned $97.91 million during the quarter, compared to analyst estimates of $95.66 million. OceanFirst Financial had a trailing twelve-month return on equity of 5.38% and a net margin of 13.59%.
Read the conference call transcript.

Who are OceanFirst Financial's major shareholders?

Top institutional investors of OceanFirst Financial include Wedge Capital Management L L P NC (0.26%), Eagle Wealth Strategies LLC (0.05%), Harbor Capital Advisors Inc. (0.04%) and Wealth Enhancement Advisory Services LLC (0.02%). Insiders that own company stock include Joseph M Jr Murphy, Michael D Devlin, Brian Schaeffer, Anthony Giordano III, Jack M Farris, Steven James Tsimbinos, Joseph Lebel III, Patrick Sean Barrett, Christopher Maher, John F Barros and Robert C Garrett.
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.

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 JPMorgan Chase & Co. (JPM), Tesla (TSLA), Advanced Micro Devices (AMD), Meta Platforms (META), Alphabet (GOOG), Home Depot (HD) and NVIDIA (NVDA).

Company Calendar

• Last Earnings: 4/24/2025
• Record date for 5/16 Dividend: 5/05/2025
• Ex-Dividend for 5/16 Dividend: 5/05/2025
• Dividend Payable: 5/16/2025
• Today: 7/18/2025
• Next Earnings (Estimated): 7/24/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: FIN - SVGS & LOAN
• Sub-Industry: Thrifts & Mortgage Finance
• Current Symbol: NASDAQ:OCFC
• CIK: 1004702
• Web: www.oceanfirst.com
• Phone: (732) 240-4500
• Fax: 302-655-5049
• Employees: 960
• Year Founded: 1902

Price Target and Rating

• Average Price Target for OceanFirst Financial: $20.67
• High Price Target: $22.00
• Low Price Target: $17.00
• Potential Upside/Downside: +10.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.53
• Trailing P/E Ratio: 12.20
• Forward P/E Ratio: 11.66
• P/E Growth: N/A
• Net Income: $100.07 million
• Net Margins: 13.59%
• Pretax Margin: 17.51%
• Return on Equity: 5.38%
• Return on Assets: 0.68%

Debt

• Debt-to-Equity Ratio: 0.65
• Current Ratio: 1.00
• Quick Ratio: 1.00

Sales & Book Value

• Annual Sales: $692.36 million
• Price / Sales: 1.57
• Cash Flow: $1.86 per share
• Price / Cash Flow: 10.04
• Book Value: $29.12 per share
• Price / Book: 0.64

Miscellaneous

• Outstanding Shares: 58,380,000
• Free Float: 55,406,000
• Market Cap: $1.09 billion
• Optionable: Optionable
• Beta: 0.99