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

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

OceanFirst Financial declared a quarterly dividend on Thursday, July 26th. Investors of record on Monday, August 6th will be given a dividend of $0.15 per share on Friday, August 17th. This represents a $0.60 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend is Friday, August 3rd. This is a boost from OceanFirst Financial's previous quarterly dividend of $0.13. View OceanFirst Financial's Dividend History.

OceanFirst Financial announced that its board has approved a share repurchase plan on Sunday, June 4th 2017, which authorizes the company to repurchase 1,600,000 shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its stock is undervalued.

OceanFirst Financial Corp. (NASDAQ:OCFC) announced its quarterly earnings results on Thursday, July, 26th. The savings and loans company reported $0.46 EPS for the quarter, meeting the consensus estimate of $0.46. The savings and loans company had revenue of $70.33 million for the quarter, compared to the consensus estimate of $72.43 million. OceanFirst Financial had a return on equity of 8.97% and a net margin of 16.84%. View OceanFirst Financial's Earnings History.

OceanFirst Financial is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for OceanFirst Financial.

6 equities research analysts have issued 1-year price targets for OceanFirst Financial's stock. Their forecasts range from $29.00 to $37.00. On average, they anticipate OceanFirst Financial's stock price to reach $33.1667 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price. View Analyst Price Targets for OceanFirst Financial.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OceanFirst Financial in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for OceanFirst Financial.

Some companies that are related to OceanFirst Financial include Umpqua (UMPQ), TFS Financial (TFSL), BankUnited (BKU), BofI (BOFI), LegacyTexas Financial Group (LTXB), Columbia Financial (CLBK), Capitol Federal Financial (CFFN), Flagstar Bancorp (FBC), Provident Financial Services (PFS), Brookline Bancorp (BRKL), Kearny Financial (KRNY), Meta Financial Group (CASH), Northfield Bancorp (NFBK), Dime Community Bancshares (DCOM) and Sterling Bancorp (SBT).

Press coverage about OCFC stock has trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. OceanFirst Financial earned a daily sentiment score of 0.18 on Accern's scale. They also gave media coverage about the savings and loans company an impact score of 46.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for OceanFirst Financial.

OceanFirst Financial's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.52%), Dimensional Fund Advisors LP (5.43%), Renaissance Technologies LLC (3.32%), Victory Capital Management Inc. (2.19%), Brown Advisory Inc. (2.09%) and Northern Trust Corp (1.75%). Company insiders that own OceanFirst Financial stock include Angelo Catania, Christopher Maher, Donald E Mclaughlin, John R Garbarino, Joseph J Burke, Joseph Lebel III, Joseph R Iantosca, Kimberly M Guadagno, Michael D Devlin 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 OppenheimerFunds Inc., Emerald Mutual Fund Advisers Trust, Millennium Management LLC, Russell Investments Group Ltd., Renaissance Technologies LLC, Commonwealth Equity Services LLC, Jennison Associates LLC and Grace & White Inc. NY. Company insiders that have sold OceanFirst Financial company stock in the last year include Angelo Catania, Joseph J Burke, Joseph R Iantosca, Michael D Devlin and Steven E Brady. View Insider Buying and Selling for OceanFirst Financial.

OCFC stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Schroder Investment Management Group, BlackRock Inc., Dimensional Fund Advisors LP, Bank of America Corp DE, Brown Advisory Inc., Citadel Advisors LLC and Wedge Capital Management L L P NC. Company insiders that have bought OceanFirst Financial stock in the last two years include Christopher Maher 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, Scottrade, Fidelity and Charles Schwab.

One share of OCFC stock can currently be purchased for approximately $28.53.

OceanFirst Financial has a market capitalization of $1.38 billion and generates $215.90 million in revenue each year. The savings and loans company earns $42.47 million in net income (profit) each year or $1.70 on an earnings per share basis.

OceanFirst Financial's mailing address is 975 HOOPER AVE, TOMS RIVER NJ, 08723. The savings and loans company can be reached via phone at 732-240-4500 or via email at [email protected]