NASDAQ:OCFC OceanFirst Financial (OCFC) Stock Price, News & Analysis → [Shocking] Elon Musk’s Plan To End Banks (From Crypto 101 Media) (Ad) Free OCFC Stock Alerts $14.98 -0.20 (-1.32%) (As of 04/22/2024 ET) Add Compare Share Share Today's Range$14.94▼$15.3350-Day Range$14.47▼$16.4152-Week Range$12.01▼$19.58Volume415,802 shsAverage Volume327,616 shsMarket Capitalization$891.79 millionP/E Ratio8.76Dividend Yield5.34%Price Target$18.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get OceanFirst Financial alerts: Email Address OceanFirst Financial MarketRank™ Stock AnalysisAnalyst RatingHold2.25 Rating ScoreUpside/Downside21.5% Upside$18.20 Price TargetShort InterestHealthy2.28% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.26Based on 22 Articles This WeekInsider TradingN/AProj. Earnings Growth18.75%From $1.76 to $2.09 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.3.72 out of 5 starsFinance Sector369th out of 852 stocksNational Commercial Banks Industry48th out of 82 stocks 2.2 Analyst's Opinion Consensus RatingOceanFirst Financial has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageOceanFirst Financial has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.28% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in OceanFirst Financial has recently increased by 5.69%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipOceanFirst Financial is a leading dividend payer. It pays a dividend yield of 5.48%, 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 38.28% next year. This indicates that OceanFirst Financial will be able to sustain or increase its 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 1.8 News and Social Media Coverage News SentimentOceanFirst Financial has a news sentiment score of 0.26. 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 0.55 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 22 news articles for OceanFirst Financial this week, compared to 2 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, OceanFirst Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.60% 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. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for OceanFirst Financial are expected to grow by 18.75% in the coming year, from $1.76 to $2.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of OceanFirst Financial is 8.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.00.Price to Earnings Ratio vs. SectorThe P/E ratio of OceanFirst Financial is 8.76, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.14.Price to Book Value per Share RatioOceanFirst Financial has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 Media[Shocking] Elon Musk’s Plan To End BanksLeaked Elon Musk call reveals shocking plan to replace banks. As Musk's plan rolls out, industry experts predict it could spark a wave of mass crypto adoption. Triggering a new crypto bull run. While helping drive a booming crypto asset class up from $2.5-billion to $16-trillion (a 6,400x increase) by 2030. Click here now to get your copy. 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 HeadlinesApril 22, 2024 | finance.yahoo.comOceanFirst Financial Corp. (NASDAQ:OCFC) Q1 2024 Earnings Call TranscriptApril 21, 2024 | seekingalpha.comOceanFirst Financial Corp. (OCFC) Q1 2024 Earnings Call TranscriptApril 23, 2024 | Crypto 101 Media (Ad)[Shocking] Elon Musk’s Plan To End BanksLeaked Elon Musk call reveals shocking plan to replace banks. As Musk's plan rolls out, industry experts predict it could spark a wave of mass crypto adoption. Triggering a new crypto bull run. While helping drive a booming crypto asset class up from $2.5-billion to $16-trillion (a 6,400x increase) by 2030. April 21, 2024 | americanbankingnews.comStephens Reiterates "Equal Weight" Rating for OceanFirst Financial (NASDAQ:OCFC)April 20, 2024 | gurufocus.comOceanFirst Financial Corp (OCFC) Q1 2024 Earnings Call Transcript Highlights: Key Financial ...April 19, 2024 | msn.comOceanFirst Financial declares $0.20 dividendApril 19, 2024 | markets.businessinsider.comOceanfirst Financial (OCFC) Receives a Buy from KBWApril 18, 2024 | investorplace.comOCFC Stock Earnings: OceanFirst Financial Beats EPS, Misses Revenue for Q1 2024April 23, 2024 | Crypto 101 Media (Ad)[Shocking] Elon Musk’s Plan To End BanksLeaked Elon Musk call reveals shocking plan to replace banks. As Musk's plan rolls out, industry experts predict it could spark a wave of mass crypto adoption. Triggering a new crypto bull run. While helping drive a booming crypto asset class up from $2.5-billion to $16-trillion (a 6,400x increase) by 2030. April 18, 2024 | sfgate.comOceanFirst: Q1 Earnings SnapshotApril 18, 2024 | globenewswire.comOceanFirst Financial Corp. Announces First Quarter Financial ResultsApril 17, 2024 | markets.businessinsider.comWhat Wall Street expects from OceanFirst Financial's earningsMarch 21, 2024 | seekingalpha.comOceanFirst Financial: The 7.1% Fixed-To-Floating Preferred Remains Very AttractiveMarch 19, 2024 | globenewswire.comOceanFirst Financial Corp. Schedules Earnings Conference CallFebruary 28, 2024 | finance.yahoo.comOceanFirst Financial Corp. to Present at the Raymond James & Associates’ 45th Annual Institutional Investors Conference on March 4-6, 2024February 28, 2024 | globenewswire.comOceanFirst Financial Corp. to Present at the Raymond James & Associates' 45th Annual Institutional Investors Conference on March 4-6, 2024February 17, 2024 | finance.yahoo.comOCFC Jun 2024 15.000 callFebruary 15, 2024 | markets.businessinsider.comBanks With High Commercial Real Estate Loan Exposure In Regulatory Spotlight: Valley National Bancorp And 15 Others To WatchFebruary 1, 2024 | seekingalpha.comOCFC OceanFirst Financial Corp.January 28, 2024 | finance.yahoo.comThere's A Lot To Like About OceanFirst Financial's (NASDAQ:OCFC) Upcoming US$0.20 DividendJanuary 23, 2024 | finance.yahoo.comOceanFirst Financial Corp. (NASDAQ:OCFC) Q4 2023 Earnings Call TranscriptJanuary 22, 2024 | markets.businessinsider.comRaymond James Maintains Outperform Rating for OceanFirst Financial: Here's What You Need To KnowJanuary 20, 2024 | finance.yahoo.comQ4 2023 OceanFirst Financial Corp Earnings CallJanuary 18, 2024 | benzinga.comRecap: OceanFirst Financial Q4 EarningsJanuary 18, 2024 | finance.yahoo.comOceanFirst Financial (OCFC) Q4 Earnings and Revenues Top EstimatesJanuary 18, 2024 | finance.yahoo.comOceanFirst (OCFC) Q4 Earnings: How Key Metrics Compare to Wall Street EstimatesJanuary 18, 2024 | seekingalpha.comOceanFirst Financial: Income Potential, But Key Metrics Severely MixedSee 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 Last Earnings10/28/2021Today4/22/2024Ex-Dividend for 5/17 Dividend5/03/2024Ex-Dividend for 5/17 Dividend5/03/2024Dividend Payable5/17/2024Dividend Payable5/17/2024Next Earnings (Estimated)7/18/2024Fiscal 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$18.20 High Stock Price Target$20.00 Low Stock Price Target$15.00 Potential Upside/Downside+23.5%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.71 Trailing P/E Ratio8.76 Forward P/E Ratio8.51 P/E GrowthN/ANet Income$104.03 million Net Margins15.54% Pretax Margin21.32% Return on Equity6.19% Return on Assets0.75% Debt Debt-to-Equity Ratio0.64 Current Ratio0.98 Quick Ratio0.98 Sales & Book Value Annual Sales$398.72 million Price / Sales2.24 Cash Flow$2.12 per share Price / Cash Flow7.06 Book Value$27.97 per share Price / Book0.54Miscellaneous Outstanding Shares59,532,000Free Float56,555,000Market Cap$891.79 million OptionableOptionable Beta1.00 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Christopher D. Maher (Age 57)Chairman & CEO Comp: $1.97MMr. Joseph J. Lebel III (Age 62)President, COO & Director Comp: $1.28MMr. Patrick S. Barrett (Age 60)CFO & Executive VP Comp: $1.03MMr. Steven J. Tsimbinos Esq. (Age 54)Executive VP, General Counsel & Corporate Secretary Comp: $645.83kMs. Michele B. Estep (Age 54)EVP and Chief Administrative Officer of OceanFirst Bank, N.A. Comp: $649.23kMr. 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 R. HowardFirst Senior VP & TreasurerMore ExecutivesKey CompetitorsBrookline BancorpNASDAQ:BRKLDime Community BancsharesNASDAQ:DCOMProvident Financial ServicesNYSE:PFSPremier FinancialNASDAQ:PFCCapitol Federal FinancialNASDAQ:CFFNView All CompetitorsInsiders & InstitutionsHennion & Walsh Asset Management Inc.Bought 13,140 shares on 4/17/2024Ownership: 0.022%Hennessy Advisors Inc.Bought 5,000 shares on 4/16/2024Ownership: 0.353%Eagle Wealth Strategies LLCBought 13,690 shares on 4/15/2024Ownership: 0.115%PNC Financial Services Group Inc.Bought 1,016 shares on 3/22/2024Ownership: 0.030%Hennessy Advisors Inc.Bought 55,000 shares on 3/14/2024Ownership: 0.348%View All Insider TransactionsView All Institutional Transactions OCFC Stock Analysis - Frequently Asked Questions Should I buy or sell OceanFirst Financial stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OceanFirst Financial in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" OCFC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OCFC, but not buy additional shares or sell existing shares. View OCFC analyst ratings or view top-rated stocks. What is OceanFirst Financial's stock price target for 2024? 5 brokerages have issued 12 month price targets for OceanFirst Financial's stock. Their OCFC share price targets range from $15.00 to $20.00. On average, they expect the company's stock price to reach $18.20 in the next year. This suggests a possible upside of 21.5% from the stock's current price. View analysts price targets for OCFC or view top-rated stocks among Wall Street analysts. How have OCFC shares performed in 2024? OceanFirst Financial's stock was trading at $17.36 at the beginning of the year. Since then, OCFC stock has decreased by 13.7% and is now trading at $14.98. View the best growth stocks for 2024 here. When is OceanFirst Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024. View our OCFC earnings forecast. How were OceanFirst Financial's earnings last quarter? OceanFirst Financial Corp. (NASDAQ:OCFC) announced its earnings results on Thursday, October, 28th. The savings and loans company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.04. The savings and loans company had revenue of $87.02 million for the quarter, compared to the consensus estimate of $87.56 million. OceanFirst Financial had a trailing twelve-month return on equity of 6.19% and a net margin of 15.54%. How often does OceanFirst Financial pay dividends? What is the dividend yield for OceanFirst Financial? OceanFirst Financial announced a quarterly dividend on Thursday, April 18th. Shareholders of record on Monday, May 6th will be paid a dividend of $0.20 per share on Friday, May 17th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.34%. The ex-dividend date of this dividend is Friday, May 3rd. Read our dividend analysis for OCFC. Is OceanFirst Financial a good dividend stock? OceanFirst Financial (NASDAQ:OCFC) pays an annual dividend of $0.80 per share and currently has a dividend yield of 5.48%. OCFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 46.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OCFC will have a dividend payout ratio of 38.28% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for OCFC. 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. What other stocks do shareholders of OceanFirst Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other OceanFirst Financial investors own include B&G Foods (BGS), Occidental Petroleum (OXY), Pfizer (PFE), AT&T (T), Bank of America (BAC), Walt Disney (DIS), Eastman Chemical (EMN), Enterprise Products Partners (EPD), Invesco (IVZ) and Johnson & Johnson (jnj). Who are OceanFirst Financial's major shareholders? OceanFirst Financial's stock is owned by many different institutional and retail investors. Top institutional investors include Hennessy Advisors Inc. (0.35%), Eagle Wealth Strategies LLC (0.11%) and Hennion & Walsh Asset Management Inc. (0.02%). Insiders that own company stock include Angela K Ho, Anthony Giordano III, Christopher Maher, Jack M Farris, John F Barros, Joseph Lebel III, Joseph M Jr Murphy, Karthik Sridharan, Michael D Devlin, Michele B Estep, Nicos Katsoulis, Patricia Lynne Turner, Patrick Sean Barrett, Robert C Garrett and Steven James Tsimbinos. 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. 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