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, October 23rd. Shareholders of record on Monday, November 4th will be given a dividend of $0.17 per share on Friday, November 15th. This represents a $0.68 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date is Friday, November 1st. 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) released its quarterly earnings results on Thursday, October, 24th. The savings and loans company reported $0.54 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.51 by $0.03. The savings and loans company had revenue of $74.94 million for the quarter, compared to analyst estimates of $75.33 million. OceanFirst Financial had a net margin of 26.72% and a return on equity of 9.46%. View OceanFirst Financial's Earnings History.

7 Wall Street analysts have issued twelve-month price targets for OceanFirst Financial's stock. Their forecasts range from $21.50 to $26.50. On average, they expect OceanFirst Financial's share price to reach $24.63 in the next twelve months. This suggests a possible upside of 0.1% 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 stories about OCFC stock have been trending somewhat negative this week, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. OceanFirst Financial earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave headlines about the savings and loans company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. 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), Simply Good Foods (SMPL), WSFS Financial (WSFS), Walker & Dunlop (WD), 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 variety of of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.77%), Peregrine Capital Management LLC (0.56%), Hennessy Advisors Inc. (0.29%), California Public Employees Retirement System (0.23%), Virginia National Bank (0.16%) and Zeke Capital Advisors LLC (0.04%). Company insiders that own OceanFirst Financial stock include Angelo Catania, Christopher Maher, Grace Vallacchi, John K Lloyd, Joseph R Iantosca, Kimberly M Guadagno, Michael D Devlin, Samuel Young and Steven E Brady. View Institutional Ownership Trends for OceanFirst Financial.

OCFC stock was sold by a variety of institutional investors in the last quarter, including Virginia National Bank, Hennessy Advisors Inc., Wedge Capital Management L L P NC and Peregrine Capital Management LLC. Company insiders that have sold OceanFirst Financial company stock in the last year include Grace Vallacchi, Joseph R Iantosca, Michael D Devlin and Samuel Young. View Insider Buying and Selling for OceanFirst Financial.

OCFC stock was purchased by a variety of institutional investors in the last quarter, including Zeke Capital Advisors LLC, Alpine Global Management LLC, California Public Employees Retirement System and Savior LLC. 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 $24.60.

OceanFirst Financial has a market capitalization of $1.24 billion and generates $311.48 million in revenue each year. The savings and loans company earns $71.93 million in net income (profit) each year or $1.98 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]