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

$24.60
-0.05 (-0.20 %)
(As of 01/28/2020 03:03 AM ET)
Today's Range
$24.22
Now: $24.60
$24.72
50-Day Range
$23.97
MA: $25.00
$25.56
52-Week Range
$20.46
Now: $24.60
$26.09
Volume157,805 shs
Average Volume236,087 shs
Market Capitalization$1.24 billion
P/E Ratio13.44
Dividend Yield2.76%
Beta0.8
OceanFirst Financial Corp. operates as the holding company for OceanFirst Bank N.A. that provides a range of community banking services. The company offers various deposit products to retail, government, and business customers, including money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits. Read More…

Industry, Sector and Symbol

Industry Federal savings institutions
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Current SymbolNASDAQ:OCFC
CUSIP67523410
Phone732-240-4500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$311.48 million
Cash Flow$1.99 per share
Book Value$21.47 per share

Profitability

Net Income$71.93 million

Miscellaneous

EmployeesN/A
Market Cap$1.24 billion
Next Earnings DateN/A
OptionableOptionable

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OceanFirst Financial (NASDAQ:OCFC) Frequently Asked Questions

What is OceanFirst Financial's stock symbol?

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

How often does OceanFirst Financial pay dividends? What is the dividend yield for OceanFirst Financial?

OceanFirst Financial announced a quarterly dividend on Wednesday, October 23rd. Investors 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 of this dividend 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.

How were OceanFirst Financial's earnings last quarter?

OceanFirst Financial Corp. (NASDAQ:OCFC) issued its earnings results on Thursday, October, 24th. The savings and loans company reported $0.54 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.51 by $0.03. The savings and loans company earned $74.94 million during 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.

What price target have analysts set for OCFC?

7 brokerages have issued twelve-month price objectives for OceanFirst Financial's shares. 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 year. This suggests a possible upside of 0.1% from the stock's current price. View Analyst Price Targets for OceanFirst Financial.

What is the consensus analysts' recommendation 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.

Has OceanFirst Financial been receiving favorable news coverage?

Press coverage about OCFC stock has trended somewhat negative on Tuesday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring 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 five, with scores nearest to five being the most favorable. OceanFirst Financial earned a news sentiment score of -1.4 on InfoTrie's scale. They also gave news articles about the savings and loans company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for OceanFirst Financial.

Who are some of OceanFirst Financial's key competitors?

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 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).

Who are OceanFirst Financial's key executives?

OceanFirst Financial's management team includes the folowing people:
  • Mr. Christopher D. Maher, Chairman, Pres & CEO (Age 52)
  • Mr. Michael J. Fitzpatrick, Exec. VP & CFO (Age 64)
  • Mr. Joseph J. Lebel III, Exec. VP & Chief Operating Officer (Age 57)
  • Mr. Joseph R. Iantosca, Exec. VP & Chief Information Officer (Age 59)
  • Mr. Steven J. Tsimbinos, Exec. VP, Gen. Counsel & Corp. Sec. (Age 49)

Who are OceanFirst Financial's major shareholders?

OceanFirst Financial's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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.

Which major investors are selling OceanFirst Financial stock?

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.

Which major investors are buying OceanFirst Financial stock?

OCFC stock was bought 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.

How do I buy shares of 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.

What is OceanFirst Financial's stock price today?

One share of OCFC stock can currently be purchased for approximately $24.60.

How big of a company is OceanFirst Financial?

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.

What is OceanFirst Financial's official website?

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

How can I contact OceanFirst Financial?

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]


MarketBeat Community Rating for OceanFirst Financial (NASDAQ OCFC)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  234 (Vote Outperform)
Underperform Votes:  331 (Vote Underperform)
Total Votes:  565
MarketBeat's community ratings are surveys of what our community members think about OceanFirst Financial and other stocks. Vote "Outperform" if you believe OCFC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OCFC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/28/2020 by MarketBeat.com Staff

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