Oritani Financial Corp. Company Profile (NASDAQ:ORIT)

About Oritani Financial Corp.

Oritani Financial Corp. logoOritani Financial Corp. is a holding company for Oritani Bank (the Bank). The Bank offers a range of retail and commercial loan and deposit products. The Bank operates in the New Jersey Counties of Bergen, Hudson, Essex and Passaic. The Bank's loan portfolio includes residential loans, residential commercial real estate loans, credit or grocery retail commercial real estate loans, other commercial real estate loans, and construction and land loans. Its investment securities are classified as held to maturity, including mortgage-backed securities, and available for sale, including equity securities and mortgage-backed securities. Its deposits include checking (non-interest and interest-bearing demand deposits), money market deposit accounts, savings accounts and time deposits. The Bank offers personal banking services, such as mobile banking, and online banking and others services, and business banking services, such as business accounts and business services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Northeast Banks
  • Sub-Industry: Thrifts & Mortgage Finance
  • Exchange: NASDAQ
  • Symbol: ORIT
  • CUSIP: 68633D10
Key Metrics:
  • Previous Close: $16.01
  • 50 Day Moving Average: $16.16
  • 200 Day Moving Average: $16.52
  • Trailing P/E Ratio: 13.23
  • Foreward P/E Ratio: 17.79
  • P/E Growth: 1.42
  • Market Cap: $681.27M
  • Outstanding Shares: 42,553,000
  • Beta: 0.31
Additional Links:
Companies Related to Oritani Financial Corp.:

Analyst Ratings

Consensus Ratings for Oritani Financial Corp. (NASDAQ:ORIT) (?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $15.50 (3.19% downside)

Analysts' Ratings History for Oritani Financial Corp. (NASDAQ:ORIT)
Show:
DateFirmActionRatingPrice TargetDetails
4/14/2016Piper Jaffray Cos.Initiated CoverageNeutral$16.00View Rating Details
2/4/2016Keefe, Bruyette & WoodsLower Price TargetMarket Perform$16.00 -> $15.00View Rating Details
10/27/2015Sandler O'NeillDowngradeBuy -> HoldView Rating Details
6/26/2015FIG PartnersDowngradeOutperform -> Market PerformView Rating Details
(Data available from 8/29/2014 forward)

Earnings

Earnings History for Oritani Financial Corp. (NASDAQ:ORIT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2016        
7/29/2016Q4$0.22$0.25$25.50 millionViewN/AView Earnings Details
4/25/2016Q3$0.24$0.26ViewN/AView Earnings Details
1/26/2016Q415$0.22$0.37$24.10 millionViewN/AView Earnings Details
10/26/2015Q1$0.23$0.29$23.80 millionViewN/AView Earnings Details
7/27/2015Q4$0.29$0.37$23.70 millionViewN/AView Earnings Details
4/22/2015$0.23$0.26ViewN/AView Earnings Details
1/26/2015Q414$0.23$0.24$24.90 millionViewN/AView Earnings Details
10/22/2014Q314$0.22$0.24$23.80 millionViewN/AView Earnings Details
7/24/2014$0.23$0.23ViewN/AView Earnings Details
4/23/2014$0.22$0.25ViewN/AView Earnings Details
1/23/2014Q214$0.22$0.23$24.75 millionViewN/AView Earnings Details
1/24/2013Q2 2013$0.20ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Oritani Financial Corp. (NASDAQ:ORIT)
Current Year EPS Consensus Estimate: $0.94 EPS
Next Year EPS Consensus Estimate: $0.90 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.24$0.24$0.24
Q2 20161$0.25$0.25$0.25
Q3 20161$0.26$0.26$0.26
Q4 20161$0.26$0.26$0.26
Q1 20171$0.25$0.25$0.25
Q2 20171$0.26$0.26$0.26
Q3 20171$0.25$0.25$0.25
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Oritani Financial Corp. (NASDAQ:ORIT)
Annual Dividend:$0.70
Dividend Yield:4.37%
Payout Ratio:59.83% (Based on Trailing 12 Months of Earnings)
74.47% (Based on Current Year Consensus EPS Estimate)
77.78% (Based on Next Year Consensus EPS Estimate)

Dividend History for Oritani Financial Corp. (NASDAQ:ORIT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/29/2016quarterly$0.184.34%8/3/20168/5/20168/19/2016
4/25/2016quarterly$0.184.05%5/4/20165/6/20165/20/2016
1/26/2016quarterly$0.184.29%2/3/20162/5/20162/19/2016
11/25/2015special$0.504.08%12/2/201512/4/201512/18/2015
10/27/2015quarterly$0.184.35%11/4/201511/6/201511/20/2015
7/27/2015$0.188/5/20158/7/20158/21/2015
4/22/2015quarterly$0.184.46%4/29/20155/1/20155/15/2015
1/27/2015quarterly$0.184.87%2/4/20152/6/20152/20/2015
11/25/2014special$0.254.76%12/8/201412/10/201412/23/2014
10/22/2014quarterly$0.185.02%11/5/201411/7/201411/21/2014
7/24/2014quarterly$0.184.64%8/6/20148/8/20148/22/2014
4/23/2014quarterly$0.184.57%4/30/20145/2/20145/16/2014
1/23/2014quarterly$0.184.5%2/5/20142/7/20142/21/2014
11/26/2013special$0.254.27%12/4/201312/6/201312/20/2013
10/23/2013quarterly$0.184.27%11/6/201311/8/201311/22/2013
7/25/2013quarterly$0.184.24%8/7/20138/9/20138/23/2013
4/24/2013quarterly$0.184.57%5/1/20135/3/20135/17/2013
1/24/2013quarterly$0.153.88%2/6/20132/8/20132/22/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Oritani Financial Corp. (NASDAQ:ORIT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/13/2016John M Fields JrCFOSell23,619$16.53$390,422.07View SEC Filing  
5/10/2016Thomas GuinanEVPSell81,582$16.76$1,367,314.32View SEC Filing  
4/29/2016Ann JettonInsiderSell29,806$17.52$522,201.12View SEC Filing  
3/17/2016John M Fields JrCFOSell57,404$16.73$960,368.92View SEC Filing  
3/16/2016John M Fields JrCFOSell63,813$16.73$1,067,591.49View SEC Filing  
3/16/2016Michael A DebernardiCOOSell26,813$16.89$452,871.57View SEC Filing  
3/14/2016Michael A DebernardiCOOSell49,264$16.95$835,024.80View SEC Filing  
3/11/2016Michael A DebernardiCOOSell83,457$17.03$1,421,272.71View SEC Filing  
3/10/2016Michael A DebernardiCOOSell79,943$16.97$1,356,632.71View SEC Filing  
3/8/2016Nicholas AntonaccioDirectorSell13,000$17.15$222,950.00View SEC Filing  
3/7/2016Thomas GuinanEVPSell5,138$17.23$88,527.74View SEC Filing  
2/22/2016Thomas GuinanEVPSell40,621$16.57$673,089.97View SEC Filing  
2/19/2016Thomas GuinanEVPSell50,000$16.26$813,000.00View SEC Filing  
2/18/2016Thomas GuinanEVPSell12,890$16.23$209,204.70View SEC Filing  
12/1/2015James J. Doyle, Jr.DirectorSell9,999$17.20$171,982.80View SEC Filing  
11/30/2015Thomas GuinanEVPSell44,710$17.12$765,435.20View SEC Filing  
11/27/2015Thomas GuinanEVPSell36,372$17.07$620,870.04View SEC Filing  
11/25/2015James J. Doyle, Jr.DirectorSell30,000$17.15$514,500.00View SEC Filing  
6/9/2015Nicholas AntonaccioDirectorSell15,000$14.90$223,500.00View SEC Filing  
12/3/2014Thomas GuinanEVPSell10,357$14.60$151,212.20View SEC Filing  
11/18/2014Thomas GuinanEVPSell15,000$14.55$218,250.00View SEC Filing  
11/13/2014Thomas GuinanEVPSell4,731$14.79$69,971.49View SEC Filing  
9/5/2014Philip WyksSVPSell3,500$14.90$52,150.00View SEC Filing  
6/13/2014Thomas GuinanEVPSell14,466$15.29$221,185.14View SEC Filing  
5/14/2014Kevin LynchCEOBuy5,000$14.25$71,250.00View SEC Filing  
5/8/2014Michael DebernardiCOOBuy20,000$14.33$286,600.00View SEC Filing  
5/7/2014John Fields, Jr.CFOBuy5,000$14.35$71,750.00View SEC Filing  
3/13/2014Thomas GuinanEVPSell12,111$15.91$192,686.01View SEC Filing  
3/12/2014Nicholas AntonaccioDirectorSell4,000$15.81$63,240.00View SEC Filing  
3/5/2014Nicholas AntonaccioDirectorSell12,000$15.68$188,160.00View SEC Filing  
2/18/2014Thomas GuinanEVPSell5,289$15.76$83,354.64View SEC Filing  
2/7/2014Thomas GuinanEVPSell20,000$15.25$305,000.00View SEC Filing  
12/16/2013Thomas GuinanEVPSell5,656$15.72$88,912.32View SEC Filing  
9/13/2013Thomas GuinanEVPSell9,795$15.60$152,802.00View SEC Filing  
9/12/2013Thomas GuinanEVPSell89,205$15.54$1,386,245.70View SEC Filing  
8/16/2013Thomas GuinanEVPSell24,250$15.75$381,937.50View SEC Filing  
8/1/2013James J Doyle JrDirectorSell20,000$16.37$327,400.00View SEC Filing  
5/16/2013Philip WyksSVPSell3,000$15.70$47,100.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Oritani Financial Corp. (NASDAQ:ORIT)
DateHeadline
4-traders.com logoU.S. Stocks Slip on Rate Concerns (NASDAQ:ORIT)
www.4-traders.com - August 22 at 11:14 AM
capitalcube.com logoOritani Financial Corp. :ORIT-US: Earnings Analysis: Q4, 2016 By the Numbers : August 10, 2016 (NASDAQ:ORIT)
www.capitalcube.com - August 10 at 7:06 PM
capitalcube.com logoETF’s with exposure to Oritani Financial Corp. : August 9, 2016 (NASDAQ:ORIT)
www.capitalcube.com - August 9 at 6:56 PM
capitalcube.com logoOritani Financial Corp. breached its 50 day moving average in a Bullish Manner : ORIT-US : August 8, 2016 (NASDAQ:ORIT)
www.capitalcube.com - August 8 at 11:22 AM
twst.com logoOritani Financial Corporation: Oritani Financial Corp. Reports Record Annual Earnings and Dividend (NASDAQ:ORIT)
www.twst.com - July 31 at 6:10 PM
finance.yahoo.com logo7:37 am Oritani Financial reports Q4 EPS of $0.25 vs $0.22 Capital IQ Consensus Estimate (NASDAQ:ORIT)
finance.yahoo.com - July 30 at 7:37 AM
reuters.com logoBRIEF-Oritani Financial Corp reports qtrly EPS of $0.26 (NASDAQ:ORIT)
www.reuters.com - July 29 at 9:45 AM
finance.yahoo.com logoOritani Financial Corp. Reports Record Annual Earnings and Dividend (NASDAQ:ORIT)
finance.yahoo.com - July 29 at 9:45 AM
capitalcube.com logoOritani Financial Corp. breached its 50 day moving average in a Bullish Manner : ORIT-US : July 25, 2016 (NASDAQ:ORIT)
www.capitalcube.com - July 25 at 8:07 AM
capitalcube.com logoOritani Financial Corp. breached its 50 day moving average in a Bullish Manner : ORIT-US : July 13, 2016 (NASDAQ:ORIT)
www.capitalcube.com - July 13 at 8:47 AM
News IconExecutive Moves: Who hired whom this week (NASDAQ:ORIT)
www.njbiz.com - July 10 at 6:00 PM
publicnow.com logoOritani Financial Corp. Reports Earnings and Dividend (NASDAQ:ORIT)
www.publicnow.com - May 4 at 12:30 PM
publicnow.com logoOritani Financial Corp. Reports Earnings and Dividend (NASDAQ:ORIT)
www.publicnow.com - May 4 at 12:30 PM
capitalcube.com logoOritani Financial Corp. breached its 50 day moving average in a Bearish Manner : ORIT-US : May 4, 2016 (NASDAQ:ORIT)
www.capitalcube.com - May 4 at 8:44 AM
capitalcube.com logoOritani Financial Corp. breached its 50 day moving average in a Bearish Manner : ORIT-US : May 4, 2016 (NASDAQ:ORIT)
www.capitalcube.com - May 4 at 8:44 AM
capitalcube.com logoETF’s with exposure to Oritani Financial Corp. : April 29, 2016 (NASDAQ:ORIT)
www.capitalcube.com - April 29 at 3:16 PM
capitalcube.com logoETF’s with exposure to Oritani Financial Corp. : April 29, 2016 (NASDAQ:ORIT)
www.capitalcube.com - April 29 at 3:16 PM
capitalcube.com logoOritani Financial Corp. :ORIT-US: Earnings Analysis: Q3, 2016 By the Numbers (NASDAQ:ORIT)
www.capitalcube.com - April 28 at 10:57 AM
capitalcube.com logoOritani Financial Corp. :ORIT-US: Earnings Analysis: Q3, 2016 By the Numbers (NASDAQ:ORIT)
www.capitalcube.com - April 28 at 10:57 AM
sg.finance.yahoo.com logoOritani posts 3Q profit (NASDAQ:ORIT)
sg.finance.yahoo.com - April 25 at 8:11 AM
sg.finance.yahoo.com logoOritani posts 3Q profit (NASDAQ:ORIT)
sg.finance.yahoo.com - April 25 at 8:11 AM
biz.yahoo.com logoQ3 2016 Oritani Financial Corp Earnings Release (Tentative) - Before Market Open (NASDAQ:ORIT)
biz.yahoo.com - April 25 at 7:07 AM
biz.yahoo.com logoQ3 2016 Oritani Financial Corp Earnings Release (Tentative) - Before Market Open (NASDAQ:ORIT)
biz.yahoo.com - April 25 at 7:07 AM
finance.yahoo.com logoCoverage initiated on Oritani Financial by Piper Jaffray (NASDAQ:ORIT)
finance.yahoo.com - April 14 at 6:40 AM
finance.yahoo.com logoCoverage initiated on Oritani Financial by Piper Jaffray (NASDAQ:ORIT)
finance.yahoo.com - April 14 at 6:40 AM
News IconAnalyst Ratings Check Oritani Financial Corp. (NASDAQ:ORIT) - Business Standard Tribune (NASDAQ:ORIT)
www.standardtrib.com - April 9 at 2:50 PM
biz.yahoo.com logoORITANI FINANCIAL CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:ORIT)
biz.yahoo.com - March 18 at 1:36 PM
investornewswire.com logoOritani Financial Corp. (NASDAQ:ORIT) Boasts ABR Of 3 - Investor Newswire (NASDAQ:ORIT)
www.investornewswire.com - March 14 at 10:49 AM
News IconAnalysts maintain 16.666 on Oritani Financial (NASDAQ:ORIT) - Hints News Network (NASDAQ:ORIT)
hintsnewsnetwork.com - March 14 at 10:49 AM
streetinsider.com logoForm 4 Oritani Financial Corp For: Feb 17 Filed by: Guinan Thomas - StreetInsider.com (NASDAQ:ORIT)
www.streetinsider.com - February 20 at 2:21 PM
biz.yahoo.com logoOritani Financial Corp. Company Profile (NASDAQ:ORIT)
biz.yahoo.com - February 19 at 2:35 PM
News IconOritani Financial Corporation New (NASDAQ:ORIT) Short Interest Decreased By 2.57% - fdanewsalert.com (NASDAQ:ORIT)
www.fdanewsalert.com - February 18 at 2:17 PM
capitalcube.com logoOritani Financial Corp. breached its 50 day moving average in a Bullish Manner : February 17, 2016 (NASDAQ:ORIT)
www.capitalcube.com - February 17 at 8:21 AM
News IconOritani Financial Corp (NASDAQ:ORIT) Had Its Target Price per Share Lowered by 6.25 % at KBW to $15.00 - OctaFinance.com (NASDAQ:ORIT)
www.octafinance.com - February 7 at 12:24 PM
wallstreet.org logoIs Oritani Financial Corp. a Buy? The Stock Formed Multiple Top Chart Pattern - WallStreet.org (NASDAQ:ORIT)
www.wallstreet.org - February 5 at 12:46 PM
wallstreet.org logoOritani Financial Corp (NASDAQ:ORIT) Had Its Target Price Downgraded by 6.25% at KBW to $15.00 - WallStreet.org (NASDAQ:ORIT)
www.wallstreet.org - February 5 at 12:46 PM
capitalcube.com logoOritani Financial Corp. Earnings Analysis: Q2, 2016 By the Numbers (NASDAQ:ORIT)
www.capitalcube.com - January 28 at 1:45 PM
biz.yahoo.com logoORITANI FINANCIAL CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex (NASDAQ:ORIT)
biz.yahoo.com - January 27 at 9:47 AM
capitalcube.com logoOritani Financial Corp. breached its 50 day moving average in a Bullish Manner : January 27, 2016 (NASDAQ:ORIT)
www.capitalcube.com - January 27 at 8:09 AM
News IconOritani says second-quarter net income soared 59 percent (NASDAQ:ORIT)
www.northjersey.com - January 26 at 12:27 PM
publicnow.com logoOritani Financial Corp. Announces 2nd Quarter Results and Dividend (NASDAQ:ORIT)
www.publicnow.com - January 26 at 8:39 AM
sg.finance.yahoo.com logoOritani posts 2Q profit (NASDAQ:ORIT)
sg.finance.yahoo.com - January 26 at 8:21 AM
biz.yahoo.com logoORITANI FINANCIAL CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Financial Statements (NASDAQ:ORIT)
biz.yahoo.com - November 24 at 2:30 PM
noodls.com logoOritani Financial Corp. Announces $0.50 Special Dividend (NASDAQ:ORIT)
www.noodls.com - November 24 at 9:56 AM
biz.yahoo.com logoORITANI FINANCIAL CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:ORIT)
biz.yahoo.com - November 23 at 1:17 PM
insidermonkey.com logoIs Genomic Health, Inc. (GHDX) A Good Stock To Buy? (NASDAQ:ORIT)
www.insidermonkey.com - November 22 at 8:16 PM
biz.yahoo.com logoORITANI FINANCIAL CORP Files SEC form 10-Q, Quarterly Report (NASDAQ:ORIT)
biz.yahoo.com - November 9 at 5:43 PM
capitalcube.com logoOritani Financial Corp. Earnings Q1, 2016 (NASDAQ:ORIT)
www.capitalcube.com - October 28 at 11:48 AM
investors.com logoTop Software Stock Cadence Design Jumps To New High (NASDAQ:ORIT)
news.investors.com - October 27 at 5:51 PM
biz.yahoo.com logoORITANI FINANCIAL CORP Files SEC form 8-K, Results of Operations and Financial Condition (NASDAQ:ORIT)
biz.yahoo.com - October 27 at 1:48 PM

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Oritani Financial Corp. (NASDAQ:ORIT) Chart for Monday, August, 29, 2016


Last Updated on 8/29/2016 by MarketBeat.com Staff