NASDAQ:OFED

Oconee Federal Financial Stock Forecast, Price & News

$22.92

-0.24 (-1.04 %)

(As of 06/22/2021 01:05 PM ET)

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Today's Range

$22.51

▼

$23.49

50-Day Range

$22.71

▼

$26.58

52-Week Range

$20.70

▼

$28.00

Volume296 shs

Average Volume2,528 shs

Market Capitalization$128.31 million

P/E Ratio32.28

Dividend Yield1.67%

Beta0.72

30 days | 90 days | 365 days | Advanced Chart

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About Oconee Federal Financial

Oconee Federal Financial Corp. operates as a holding company for Oconee Federal Savings and Loan Association that provides various banking products and services in the Oconee County area of northwestern South Carolina and the northeast area of Georgia. It offers deposit products, including demand, NOW, money market, savings, certificates of deposit, and individual retirement accounts. The company's loan portfolio comprises one-to-four family and multi-family residential mortgage loans; home equity loans and lines of credit; nonresidential real estate loans; construction and land loans; commercial and industrial loans; agricultural loans; and consumer loans. It operates through its executive office and eight branch offices located in Oconee County, South Carolina; Pickens County, South Carolina; Stephens County, Georgia; and Rabun County, Georgia. The company was founded in 1924 and is based in Seneca, South Carolina. Oconee Federal Financial Corp. is a subsidiary of Oconee Federal, MHC.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Federal savings institutions
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:OFED
Previous Symbol
CUSIPN/A
CIK1501078
Webwww.oconeefederal.com
Phone864-882-2765
Employees77
Year FoundedN/A

Sales & Book Value

Annual Sales$20.75 million
Price / Sales6.18
Cash Flow$0.71 per share
Price / Cash Flow32.46
Book Value$15.56 per share
Price / Book1.47

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares5,598,000
Market Cap$128.31 million
Next Earnings Date8/13/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

0.69 out of 5 stars

Finance Sector

1435th out of 1,980 stocks

Federal Savings Institutions Industry

64th out of 110 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Oconee Federal Financial.

2.6 Community Rank

Outperform Votes
Oconee Federal Financial has received 110 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Oconee Federal Financial has received 104 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Oconee Federal Financial has received 51.40% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Oconee Federal Financial and other stocks. Vote “Outperform” if you believe OFED will outperform the S&P 500 over the long term. Vote “Underperform” if you believe OFED will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
Oconee Federal Financial pays a meaningful dividend of 1.67%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Oconee Federal Financial has only been increasing its dividend for 1 years.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Oconee Federal Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.89% of the stock of Oconee Federal Financial is held by insiders.
Percentage Held by Institutions
Only 2.06% of the stock of Oconee Federal Financial is held by institutions.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Oconee Federal Financial is 33.08, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of Oconee Federal Financial is 33.08, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.74.
Price to Book Value per Share Ratio
Oconee Federal Financial has a P/B Ratio of 1.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Oconee Federal Financial (NASDAQ:OFED) Frequently Asked Questions

What stocks does MarketBeat like better than Oconee Federal Financial?

Wall Street analysts have given Oconee Federal Financial a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Oconee Federal Financial wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Oconee Federal Financial?

Oconee Federal Financial saw a increase in short interest in the month of May. As of May 14th, there was short interest totaling 35,200 shares, an increase of 25.3% from the April 29th total of 28,100 shares. Based on an average trading volume of 3,200 shares, the days-to-cover ratio is currently 11.0 days. Approximately 3.0% of the company's shares are sold short.
View Oconee Federal Financial's Short Interest.

When is Oconee Federal Financial's next earnings date?

Oconee Federal Financial is scheduled to release its next quarterly earnings announcement on Friday, August 13th 2021.
View our earnings forecast for Oconee Federal Financial.

How were Oconee Federal Financial's earnings last quarter?

Oconee Federal Financial Corp. (NASDAQ:OFED) released its quarterly earnings results on Friday, May, 14th. The savings and loans company reported $0.15 EPS for the quarter. The savings and loans company earned $4.01 million during the quarter. Oconee Federal Financial had a net margin of 21.68% and a trailing twelve-month return on equity of 4.68%.
View Oconee Federal Financial's earnings history.

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

Oconee Federal Financial's stock was trading at $25.50 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, OFED stock has decreased by 10.1% and is now trading at $22.92.
View which stocks have been most impacted by COVID-19.

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

Oconee Federal Financial declared a quarterly dividend on Monday, April 26th. Stockholders of record on Thursday, May 6th will be paid a dividend of $0.10 per share on Thursday, May 20th. This represents a $0.40 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date of this dividend is Wednesday, May 5th.
View Oconee Federal Financial's dividend history.

Is Oconee Federal Financial a good dividend stock?

Oconee Federal Financial pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.67%.
View Oconee Federal Financial's dividend history.

Who are Oconee Federal Financial's key executives?

Oconee Federal Financial's management team includes the following people:

Mr. Curtis T. Evatt, Pres, CEO & Director (Age 49, Pay $346.77k)
Mr. John W. Hobbs CPA, Exec. VP & CFO (Age 58, Pay $178.66k)
Mr. David H. Stafford, Exec. VP & COO (Age 43, Pay $207.22k)
Mr. Charles Todd Latiff, Exec. VP & Chief Banking Officer (Age 47, Pay $252.84k)
Mr. Harry B. Mays Jr., Sec. & Independent Director (Age 74, Pay $35.25k)

Who are some of Oconee Federal Financial's key competitors?

Some companies that are related to Oconee Federal Financial include NASB Financial (NASB), Waterstone Financial (WSBF), HomeTrust Bancshares (HTBI), Bluegreen Vacations (BVHBB), Provident Bancorp (PVBC), Bluegreen Vacations (BBXTB), Northrim BanCorp (NRIM), Farmers & Merchants Bancorp (FMAO), Territorial Bancorp (TBNK), PDL Community Bancorp (PDLB), Sterling Bancorp (SBT), BCB Bancorp (BCBP), 1st Constitution Bancorp (FCCY), Western New England Bancorp (WNEB) and Codorus Valley Bancorp (CVLY).
View all of OFED's competitors.

What other stocks do shareholders of Oconee Federal Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Oconee Federal Financial investors own include Gilead Sciences (GILD), The Goldman Sachs Group (GS), International Business Machines (IBM), Celanese (CE), Galapagos (GLPG), Liberty Global (LBTYA), Nuance Communications (NUAN), Reata Pharmaceuticals (RETA), Roku (ROKU) and Synopsys (SNPS).

What is Oconee Federal Financial's stock symbol?

Oconee Federal Financial trades on the NASDAQ under the ticker symbol "OFED."

Who are Oconee Federal Financial's major shareholders?

Oconee Federal Financial's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (0.86%), Minerva Advisors LLC (0.20%) and Northern Trust Corp (0.19%).
View institutional ownership trends for Oconee Federal Financial.

Which major investors are selling Oconee Federal Financial stock?

OFED stock was sold by a variety of institutional investors in the last quarter, including Minerva Advisors LLC, and Northern Trust Corp.
View insider buying and selling activity for Oconee Federal Financial or view top insider-selling stocks.

Which major investors are buying Oconee Federal Financial stock?

OFED stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc..
View insider buying and selling activity for Oconee Federal Financial or or view top insider-buying stocks.

How do I buy shares of Oconee Federal Financial?

Shares of OFED 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 Oconee Federal Financial's stock price today?

One share of OFED stock can currently be purchased for approximately $22.92.

How much money does Oconee Federal Financial make?

Oconee Federal Financial has a market capitalization of $128.31 million and generates $20.75 million in revenue each year.

How many employees does Oconee Federal Financial have?

Oconee Federal Financial employs 77 workers across the globe.

What is Oconee Federal Financial's official website?

The official website for Oconee Federal Financial is www.oconeefederal.com.

Where are Oconee Federal Financial's headquarters?

Oconee Federal Financial is headquartered at 201 EAST NORTH SECOND STREET, SENECA SC, 29678.

How can I contact Oconee Federal Financial?

Oconee Federal Financial's mailing address is 201 EAST NORTH SECOND STREET, SENECA SC, 29678. The savings and loans company can be reached via phone at 864-882-2765 or via email at [email protected]

This page was last updated on 6/22/2021 by MarketBeat.com Staff

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