NASDAQ:OCFC - OceanFirst Financial Stock Price, Forecast & News

OceanFirst Financial trades on the NASDAQ under the ticker symbol "OCFC."

OceanFirst Financial declared a quarterly dividend on Wednesday, January 22nd. Stockholders of record on Wednesday, February 5th will be paid a dividend of $0.17 per share on Wednesday, February 19th. This represents a $0.68 annualized dividend and a dividend yield of 2.90%. The ex-dividend date is Tuesday, February 4th. This is a positive change from OceanFirst Financial's previous quarterly dividend of $0.13. View OceanFirst Financial's Dividend History.

OceanFirst Financial Corp. (NASDAQ:OCFC) announced its quarterly earnings results on Monday, January, 27th. The savings and loans company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.53 by $0.02. The savings and loans company had revenue of $74.59 million for the quarter, compared to analysts' expectations of $75.18 million. OceanFirst Financial had a net margin of 25.24% and a return on equity of 9.23%. View OceanFirst Financial's Earnings History.

OceanFirst Financial is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for OceanFirst Financial.

7 analysts have issued 12 month target prices for OceanFirst Financial's shares. Their forecasts range from $21.50 to $26.50. On average, they expect OceanFirst Financial's stock price to reach $24.63 in the next year. This suggests a possible upside of 4.9% from the stock's current price. View Analyst Price Targets for OceanFirst Financial.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OceanFirst Financial in the last year. There are currently 5 hold ratings, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for OceanFirst Financial.

Media headlines about OCFC stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. OceanFirst Financial earned a coverage optimism score of 0.8 on InfoTrie's scale. They also gave media coverage about the savings and loans company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for OceanFirst Financial.

Some companies that are related to OceanFirst Financial include People's United Financial (PBCT), TFS Financial (TFSL), New York Community Bancorp (NYCB), Radian Group (RDN), MGIC Investment (MTG), Lendingtree (TREE), Washington Federal (WAFD), Walker & Dunlop (WD), Simply Good Foods (SMPL), WSFS Financial (WSFS), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), Provident Financial Services (PFS), Berkshire Hills Bancorp (BHLB) and Brookline Bancorp (BRKL).

Based on aggregate information from My MarketBeat watchlists, some companies that other OceanFirst Financial investors own include Walt Disney (DIS), Occidental Petroleum (OXY), Amgen (AMGN), Gilead Sciences (GILD), Great Southern Bancorp (GSBC), Net Element (NETE), Bank of America (BAC), B&G Foods (BGS), Blackstone Group (BX) and Chemed (CHE).

OceanFirst Financial's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Goldman Sachs Group Inc. (4.10%), Endeavour Capital Advisors Inc. (2.87%), Renaissance Technologies LLC (2.20%), State Street Corp (2.18%), Schroder Investment Management Group (1.87%) and Geode Capital Management LLC (1.52%). Company insiders that own OceanFirst Financial stock include Christopher Maher, Grace Vallacchi, John K Lloyd, Joseph R Iantosca, Kimberly M Guadagno, Michael D Devlin, Samuel Young, Steven E Brady and William D Moss. View Institutional Ownership Trends for OceanFirst Financial.

OCFC stock was sold by a variety of institutional investors in the last quarter, including Driehaus Capital Management LLC, Renaissance Technologies LLC, William Blair Investment Management LLC, State of New Jersey Common Pension Fund D, Walthausen & Co. LLC, Stifel Financial Corp, First Trust Advisors LP and Credit Suisse AG. Company insiders that have sold OceanFirst Financial company stock in the last year include Grace Vallacchi, Joseph R Iantosca, Samuel Young, Steven E Brady and William D Moss. View Insider Buying and Selling for OceanFirst Financial.

OCFC stock was bought by a variety of institutional investors in the last quarter, including Geode Capital Management LLC, Marshall Wace LLP, Bank of New York Mellon Corp, State Street Corp, Emerald Mutual Fund Advisers Trust, Barclays PLC, LSV Asset Management and Russell Investments Group Ltd.. Company insiders that have bought OceanFirst Financial stock in the last two years include Christopher Maher, John K Lloyd and Kimberly M Guadagno. View Insider Buying and Selling for OceanFirst Financial.

Shares of OCFC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of OCFC stock can currently be purchased for approximately $23.47.

OceanFirst Financial has a market capitalization of $1.18 billion and generates $350.96 million in revenue each year. The savings and loans company earns $88.57 million in net income (profit) each year or $2.07 on an earnings per share basis. View Additional Information About OceanFirst Financial.

The official website for OceanFirst Financial is http://www.oceanfirst.com/.

OceanFirst Financial's mailing address is 110 West Front Street, Red Bank NJ, 07701. The savings and loans company can be reached via phone at 732-240-4500 or via email at [email protected]