S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20

OceanFirst Financial Stock Forecast, Price & News

$21.00
-0.94 (-4.28%)
(As of 11/26/2021 12:00 AM ET)
Add
Compare
Today's Range
$20.55
$21.52
50-Day Range
$19.72
$23.21
52-Week Range
$15.75
$25.76
Volume
230,614 shs
Average Volume
264,163 shs
Market Capitalization
$1.25 billion
P/E Ratio
10.77
Dividend Yield
3.10%
Beta
0.96
30 days | 90 days | 365 days | Advanced Chart
Receive OCFC 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.


OceanFirst Financial logo

About OceanFirst Financial

OceanFirst Financial Corp. operates as a savings and loan holding company, which engages in the provision of financial services. Its subsidiary OceanFirst Bank, offers commercial and residential financing solutions, wealth management, and deposit services. It has retail branches throughout the state and in metropolitan New York City along with loan production offices in New Jersey, New York City and Pennsylvania. The company is headquartered in Red Bank, NJ.

Headlines

PARTNERS BANCORP INVESTOR ALERT BY THE FORMER...
November 27, 2021 |  benzinga.com
Stephens Lowers OceanFirst Financial (NASDAQ:OCFC) to Equal Weight
November 10, 2021 |  americanbankingnews.com
OceanFirst Bank leases space for first office in Baltimore
November 8, 2021 |  finance.yahoo.com
OceanFirst Financial (NASDAQ:OCFC) Shares Gap Down to $23.21
November 5, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Industry
Federal savings institutions
Sub-Industry
Thrifts & Mortgage Finance
Sector
Finance
Current Symbol
NASDAQ:OCFC
CUSIP
67523410
Employees
958
Year Founded
1902

Sales & Book Value

Annual Sales
$453.53 million
Cash Flow
$1.54 per share
Book Value
$25.47 per share

Profitability

Net Income
$63.31 million
Pretax Margin
36.77%

Debt

Price-To-Earnings

Miscellaneous

Free Float
57,166,000
Market Cap
$1.25 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/28/2021
Ex-Dividend
11/05/2021
Dividend Payable
11/19/2021
Today
11/27/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/27/2022

Social Links


MarketRank

Overall MarketRank

2.73 out of 5 stars

Finance Sector

131st out of 1,340 stocks

Federal Savings Institutions Industry

2nd out of 63 stocks

Analyst Opinion: 2.5Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -












OceanFirst Financial (NASDAQ:OCFC) Frequently Asked Questions

Is OceanFirst Financial a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OceanFirst Financial in the last twelve months. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" OceanFirst Financial stock.
View analyst ratings for OceanFirst Financial
or view top-rated stocks.

How has OceanFirst Financial's stock been impacted by COVID-19 (Coronavirus)?

OceanFirst Financial's stock was trading at $16.37 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, OCFC stock has increased by 28.3% and is now trading at $21.00.
View which stocks have been most impacted by COVID-19
.

Are investors shorting OceanFirst Financial?

OceanFirst Financial saw a decline in short interest during the month of October. As of October 29th, there was short interest totaling 688,300 shares, a decline of 15.3% from the October 14th total of 812,900 shares. Based on an average daily volume of 224,400 shares, the days-to-cover ratio is currently 3.1 days. Currently, 1.2% of the shares of the stock are short sold.
View OceanFirst Financial's Short Interest
.

When is OceanFirst Financial's next earnings date?

OceanFirst Financial is scheduled to release its next quarterly earnings announcement on Thursday, January 27th 2022.
View our earnings forecast for OceanFirst Financial
.

How were OceanFirst Financial's earnings last quarter?

OceanFirst Financial Corp. (NASDAQ:OCFC) released its quarterly earnings data on Thursday, October, 28th. The savings and loans company reported $0.45 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.41 by $0.04. The savings and loans company earned $87.02 million during the quarter, compared to analyst estimates of $87.56 million. OceanFirst Financial had a trailing twelve-month return on equity of 7.32% and a net margin of 27.87%.
View OceanFirst Financial's earnings history
.

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

OceanFirst Financial announced a quarterly dividend on Saturday, October 30th. Shareholders of record on Monday, November 8th will be paid a dividend of $0.17 per share on Friday, November 19th. This represents a $0.68 annualized dividend and a dividend yield of 3.24%. The ex-dividend date of this dividend is Friday, November 5th.
View OceanFirst Financial's dividend history
.

Is OceanFirst Financial a good dividend stock?

OceanFirst Financial pays an annual dividend of $0.68 per share and currently has a dividend yield of 3.10%. The dividend payout ratio of OceanFirst Financial is 34.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OceanFirst Financial will have a dividend payout ratio of 33.33% next year. This indicates that OceanFirst Financial will be able to sustain or increase its dividend.
View OceanFirst Financial's dividend history.

What price target have analysts set for OCFC?

7 brokerages have issued 1 year target prices for OceanFirst Financial's shares. Their forecasts range from $23.00 to $28.00. On average, they expect OceanFirst Financial's stock price to reach $24.64 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price.
View analysts' price targets for OceanFirst Financial
or view top-rated stocks among Wall Street analysts.

Who are OceanFirst Financial's key executives?

OceanFirst Financial's management team includes the following people:
  • Christopher D. Maher, Chairman & Chief Executive Officer
  • Joseph J. Lebel, Chief Operating Officer & Executive Vice President
  • Michael J. Fitzpatrick, Chief Financial Officer & Executive Vice President
  • Anthony Giordano, Chief Information Officer
  • Steven J. Tsimbinos, Secretary, Executive VP & General Counsel

What is Christopher D. Maher's approval rating as OceanFirst Financial's CEO?

21 employees have rated OceanFirst Financial CEO Christopher D. Maher on Glassdoor.com. Christopher D. Maher has an approval rating of 97% among OceanFirst Financial'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).

What is OceanFirst Financial's stock symbol?

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

Who are OceanFirst Financial's major shareholders?

OceanFirst Financial's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (8.52%), Dimensional Fund Advisors LP (4.91%), Goldman Sachs Group Inc. (3.22%), Invesco Ltd. (1.99%), Geode Capital Management LLC (1.78%) and Emerald Advisers LLC (1.75%). Company insiders that own OceanFirst Financial stock include Angela K Ho, Anthony Giordano III, Christopher Maher, Grace Vallacchi, Joseph Lebel III, Michael D Devlin, Michele B Estep, Nicos Katsoulis, Patricia Lynne Turner, Steven E Brady, Steven James Tsimbinos and William D Moss.
View institutional ownership trends for OceanFirst Financial
.

Which institutional investors are selling OceanFirst Financial stock?

OCFC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Emerald Mutual Fund Advisers Trust, Dimensional Fund Advisors LP, Wellington Management Group LLP, Renaissance Technologies LLC, Citadel Advisors LLC, Goldman Sachs Group Inc., and Peregrine Capital Management LLC. Company insiders that have sold OceanFirst Financial company stock in the last year include Angela K Ho, Anthony Giordano III, Christopher Maher, Grace Vallacchi, Joseph Lebel III, Michael D Devlin, and Michele B Estep.
View insider buying and selling activity for OceanFirst Financial
or view top insider-selling stocks.

Which institutional investors are buying OceanFirst Financial stock?

OCFC stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Deprince Race & Zollo Inc., Icon Advisers Inc. Co., Mariner LLC, Martingale Asset Management L P, Cornercap Investment Counsel Inc., Thrivent Financial for Lutherans, and rhino investment partners Inc. Company insiders that have bought OceanFirst Financial stock in the last two years include Joseph Lebel III, Nicos Katsoulis, Patricia Lynne Turner, and Steven James Tsimbinos.
View insider buying and selling activity for OceanFirst Financial
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is OceanFirst Financial's stock price today?

One share of OCFC stock can currently be purchased for approximately $21.00.

How much money does OceanFirst Financial make?

OceanFirst Financial has a market capitalization of $1.25 billion and generates $453.53 million in revenue each year. The savings and loans company earns $63.31 million in net income (profit) each year or $1.95 on an earnings per share basis.

How many employees does OceanFirst Financial have?

OceanFirst Financial employs 958 workers across the globe.

When was OceanFirst Financial founded?

OceanFirst Financial was founded in 1902.

What is OceanFirst Financial's official website?

The official website for OceanFirst Financial is www.oceanfirst.com.

Where are OceanFirst Financial's headquarters?

OceanFirst Financial is headquartered at 110 West Front Street, Red Bank NJ, 07701.

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, via email at [email protected], or via fax at 302-655-5049.


This page was last updated on 11/27/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.