NASDAQ:ORIT - Oritani Financial Stock Price, News, & Analysis

Oritani Financial trades on the NASDAQ under the ticker symbol "ORIT."

Oritani Financial declared a quarterly dividend on Wednesday, July 25th. Stockholders of record on Friday, August 3rd will be given a dividend of $0.25 per share on Friday, August 17th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 6.12%. The ex-dividend date is Thursday, August 2nd. View Oritani Financial's Dividend History.

Oritani Financial Corp. (NASDAQ:ORIT) announced its quarterly earnings results on Tuesday, July, 24th. The bank reported $0.30 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.27 by $0.03. The bank had revenue of $28.74 million for the quarter, compared to analyst estimates of $27.60 million. Oritani Financial had a net margin of 27.44% and a return on equity of 9.32%. View Oritani Financial's Earnings History.

Oritani Financial is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for Oritani Financial.

1 equities research analysts have issued 1-year price objectives for Oritani Financial's shares. Their forecasts range from $16.50 to $16.50. On average, they expect Oritani Financial's stock price to reach $16.50 in the next year. This suggests a possible upside of 0.9% from the stock's current price. View Analyst Price Targets for Oritani Financial.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Oritani Financial in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Oritani Financial.

Oritani Financial saw a increase in short interest during the month of July. As of July 13th, there was short interest totalling 2,287,155 shares, an increase of 24.6% from the June 29th total of 1,835,178 shares. Based on an average daily trading volume, of 147,785 shares, the short-interest ratio is presently 15.5 days. Approximately 5.7% of the shares of the stock are short sold. View Oritani Financial's Current Options Chain.

Some companies that are related to Oritani Financial include Union Bankshares (UBSH), CVB Financial (CVBF), Great Western Bancorp (GWB), First Interstate Bancsystem (FIBK), United Community Banks (UCBI), Independent Bank (INDB), Pacific Premier Bancorp (PPBI), Ameris Bancorp (ABCB), TowneBank (TOWN), Renasant (RNST), ServisFirst Bancshares (SFBS), Independent Bank Group (IBTX), Banner (BANR), Heartland Financial USA (HTLF) and Hilltop (HTH).

News coverage about ORIT stock has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Oritani Financial earned a media and rumor sentiment score of 0.11 on Accern's scale. They also gave media headlines about the bank an impact score of 46.24 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Oritani Financial.

Oritani Financial's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.14%), Dimensional Fund Advisors LP (7.56%), Renaissance Technologies LLC (3.49%), Bank of New York Mellon Corp (1.33%), Citadel Advisors LLC (0.72%) and Systematic Financial Management LP (0.63%). Company insiders that own Oritani Financial stock include James J Doyle Jr, John J Skelly Jr, John M Fields Jr, Kevin J Lynch, Nicholas Antonaccio, Philip Wyks, Robert S Hekemian Jr and Thomas Guinan. View Institutional Ownership Trends for Oritani Financial.

ORIT stock was sold by a variety of institutional investors in the last quarter, including RBO & Co. LLC, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Russell Investments Group Ltd., KBC Group NV, Municipal Employees Retirement System of Michigan, Arizona State Retirement System and NJ State Employees Deferred Compensation Plan. Company insiders that have sold Oritani Financial company stock in the last year include John J Skelly Jr, Kevin J Lynch, Nicholas Antonaccio, Philip Wyks, Robert S Hekemian Jr and Thomas Guinan. View Insider Buying and Selling for Oritani Financial.

ORIT stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Citadel Advisors LLC, Dimensional Fund Advisors LP, Renaissance Technologies LLC, Schwab Charles Investment Management Inc., Aperio Group LLC, BlueMountain Capital Management LLC and Lyell Wealth Management LP. View Insider Buying and Selling for Oritani Financial.

Shares of ORIT 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 ORIT stock can currently be purchased for approximately $16.35.

Oritani Financial has a market capitalization of $745.87 million and generates $156.41 million in revenue each year. The bank earns $42.89 million in net income (profit) each year or $1.15 on an earnings per share basis. Oritani Financial employs 245 workers across the globe.

Oritani Financial's mailing address is 370 PASCACK ROAD, WASHINGTON NJ, 07676. The bank can be reached via phone at 201-664-5400 or via email at [email protected]