NASDAQ:OFEDOconee Federal Financial Stock Price, Forecast & News

$20.06

+0.56 (+2.87 %)

(As of 05/27/2020 04:00 PM ET)

Add

Compare

Today's Range

$19.28

Now: $20.06▼

$22.45

50-Day Range

$16.11

MA: $18.42▼

$22.19

52-Week Range

$15.25

Now: $20.06▼

$27.25

Volume3,600 shs

Average Volume2,437 shs

Market Capitalization$113.84 million

P/E Ratio29.50

Dividend Yield2.05%

Beta0.45

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. The company's deposit products include demand, NOW, money market, savings, certificates of deposit, and individual retirement accounts. Its loan portfolio comprises one-to-four 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. Oconee Federal Financial Corp. operates through its executive office and seven branch offices located in Oconee 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.

Beat the Market (BTM) Rank^™

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 100 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Oconee Federal Financial has received 52.38% “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.

1.7 Dividend Strength

Dividend Leadership
Oconee Federal Financial is a leading dividend payer. It pays a dividend yield of 2.05%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Oconee Federal Financial does not have a long track record of dividend growth.

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 5.52% of the stock of Oconee Federal Financial is held by insiders.
Percentage Held by Institutions
Only 2.37% 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 29.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.82.
Price to Earnings Ratio vs. Sector
The P/E ratio of Oconee Federal Financial is 29.50, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 18.68.
Price to Book Value per Share Ratio
Oconee Federal Financial has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

0.85 out of 5 stars

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

Debt

Debt-to-Equity RatioN/A

Current Ratio0.92

Quick Ratio0.92

Price-To-Earnings

Trailing P/E Ratio29.50

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$20.54 million

Price / Sales5.54

Cash Flow$0.82 per share

Price / Cash Flow24.41

Book Value$15.76 per share

Price / Book1.27

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$3.72 million

Net Margins18.59%

Return on Equity4.43%

Return on Assets0.76%

Miscellaneous

EmployeesN/A

Outstanding Shares5,675,000

Market Cap$113.84 million

Next Earnings Date8/21/2020 (Estimated)

OptionableNot Optionable

Receive OFED News and Ratings via Email

Sign-up to receive the latest news and ratings for OFED and its competitors with MarketBeat's FREE daily newsletter.

Oconee Federal Financial (NASDAQ:OFED) Frequently Asked Questions

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. Since then, OFED stock has decreased by 21.3% and is now trading at $20.06. View which stocks have been most impacted by Coronavirus.

When is Oconee Federal Financial's next earnings date?

Oconee Federal Financial is scheduled to release its next quarterly earnings announcement on Friday, August 21st 2020. View our earnings forecast for Oconee Federal Financial.

How were Oconee Federal Financial's earnings last quarter?

Oconee Federal Financial (NASDAQ:OFED) posted its quarterly earnings results on Thursday, May, 14th. The savings and loans company reported $0.17 earnings per share for the quarter. The savings and loans company had revenue of $4.43 million for the quarter. Oconee Federal Financial had a return on equity of 4.43% and a net margin of 18.59%. View Oconee Federal Financial's earnings history.

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 Thursday, April 23rd. Stockholders of record on Thursday, May 7th will be given a dividend of $0.10 per share on Thursday, May 21st. This represents a $0.40 annualized dividend and a yield of 1.99%. The ex-dividend date of this dividend is Wednesday, May 6th. View Oconee Federal Financial's dividend history.

Has Oconee Federal Financial been receiving favorable news coverage?

Media stories about OFED stock have been trending positive this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of 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 positive five, with scores closest to five being the most favorable. Oconee Federal Financial earned a news sentiment score of 2.5 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 news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutOconee Federal Financial.

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

Some companies that are related to Oconee Federal Financial include Waterstone Financial (WSBF), NASB Financial (NASB), Territorial Bancorp (TBNK), Hometrust Bancshares (HTBI), Farmers & Merchants Bancorp, Inc. (OH) (FMAO), First Capital (FCAP), Provident Bancorp (PVBC), BCB Bancorp (BCBP), BBX Capital (BBXTB), North Dallas Bank Trust (NODB), PDL Community Bancorp (PDLB), Northrim BanCorp (NRIM), Western New England Bancorp (WNEB), Sterling Bancorp (SBT) and BankFinancial (BFIN). View all 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), Goldman Sachs Group (GS), IBM (IBM), Celanese (CE), GALAPAGOS NV/S (GLPG), Liberty Global (LBTYA), Nuance Communications (NUAN), Reata Pharmaceuticals (RETA), Roku (ROKU) and Synopsys (SNPS).

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 47)
Mr. John W. Hobbs CPA, Sr. VP & CFO (Age 56)
Mr. Charles Todd Latiff, Exec. VP & Chief Banking Officer (Age 45)
Mr. Harry B. Mays Jr., Sec. & Director (Age 72)

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 a number of retail and institutional investors. Top institutional shareholders include Minerva Advisors LLC (0.34%) and M3F Inc. (0.28%). View institutional ownership trends for Oconee Federal Financial.

Which institutional investors are selling Oconee Federal Financial stock?

OFED stock was sold by a variety of institutional investors in the last quarter, including M3F Inc., and Minerva Advisors LLC. View insider buying and selling activity for Oconee Federal Financial.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Oconee Federal Financial's stock price today?

One share of OFED stock can currently be purchased for approximately $20.06.

How big of a company is Oconee Federal Financial?

Oconee Federal Financial has a market capitalization of $113.84 million and generates $20.54 million in revenue each year.

What is Oconee Federal Financial's official website?

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

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 0.

This page was last updated on 5/28/2020 by MarketBeat.com Staff