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

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$17.31 +0.16 (+0.93 %)
(As of 02/17/2019 03:49 PM ET)
Previous Close$17.31
Today's Range$17.18 - $17.40
52-Week Range$14.07 - $17.40
Volume227,413 shs
Average Volume229,600 shs
Market Capitalization$778.71 million
P/E Ratio15.05
Dividend Yield5.83%
Beta0.6
Oritani Financial Corp. engages in the business of holding the common stock of Oritani Bank. It also operates as a holding company of limited liability companies that own a variety of real estate investments. The company was founded in 1998 and is headquartered in Township of Washington, NJ.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Current SymbolNASDAQ:ORIT
CUSIP68633D10
Phone201-664-5400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$156.41 million
Cash Flow$1.0990 per share
Book Value$11.72 per share

Profitability

Net Income$42.89 million

Miscellaneous

Employees250
Market Cap$778.71 million
OptionableOptionable

Oritani Financial (NASDAQ:ORIT) Frequently Asked Questions

What is Oritani Financial's stock symbol?

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

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

Oritani Financial announced a quarterly dividend on Friday, January 25th. Stockholders of record on Friday, February 8th will be paid a dividend of $0.25 per share on Friday, February 22nd. This represents a $1.00 annualized dividend and a dividend yield of 5.78%. The ex-dividend date of this dividend is Thursday, February 7th. View Oritani Financial's Dividend History.

How were Oritani Financial's earnings last quarter?

Oritani Financial Corp. (NASDAQ:ORIT) announced its quarterly earnings results on Thursday, January, 24th. The bank reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.26 by $0.05. The bank had revenue of $27.67 million for the quarter, compared to the consensus estimate of $26.20 million. Oritani Financial had a net margin of 33.81% and a return on equity of 9.76%. View Oritani Financial's Earnings History.

When is Oritani Financial's next earnings date?

Oritani Financial is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Oritani Financial.

What price target have analysts set for ORIT?

1 Wall Street analysts have issued 12 month price objectives for Oritani Financial's stock. Their predictions range from $16.50 to $16.50. On average, they expect Oritani Financial's share price to reach $16.50 in the next year. This suggests that the stock has a possible downside of 4.7%. View Analyst Price Targets for Oritani Financial.

What is the consensus analysts' recommendation 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.

Has Oritani Financial been receiving favorable news coverage?

News headlines about ORIT stock have trended negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Oritani Financial earned a news sentiment score of -2.8 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future.

Who are some of Oritani Financial's key competitors?

Who are Oritani Financial's key executives?

Oritani Financial's management team includes the folowing people:
  • Kevin J. Lynch, Chairman, President & Chief Executive Officer
  • John M. Fields, Chief Financial Officer, Director & Executive VP
  • Paul C. Skinner, Chief Information Officer & Vice President
  • Amy Lubow, Chief Compliance Officer & Vice President
  • Louis A. Manderino, Executive VP, Chief Credit & Risk Officer

Who are Oritani Financial's major shareholders?

Oritani Financial's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.35%), Dimensional Fund Advisors LP (8.46%), Northern Trust Corp (1.72%), Bank of New York Mellon Corp (1.44%), Context BH Capital Management LP (1.43%) and Geode Capital Management LLC (1.08%). Company insiders that own Oritani Financial stock include James J Doyle Jr, John J Skelly Jr, Judith Schumacher-Tilton, Kevin J Lynch, Nicholas Antonaccio, Philip Wyks, Robert S Hekemian Jr and Thomas Guinan. View Institutional Ownership Trends for Oritani Financial.

Which institutional investors are selling Oritani Financial stock?

ORIT stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, BOKF NA, Bank of America Corp DE, Barclays PLC, Two Sigma Advisers LP, NJ State Employees Deferred Compensation Plan, KBC Group NV and Amundi Pioneer Asset Management Inc.. 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 and Robert S Hekemian Jr. View Insider Buying and Selling for Oritani Financial.

Which institutional investors are buying Oritani Financial stock?

ORIT stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, Clover Partners L.P., Acadian Asset Management LLC, Geode Capital Management LLC, Rhumbline Advisers, Municipal Employees Retirement System of Michigan and Oregon Public Employees Retirement Fund. Company insiders that have bought Oritani Financial stock in the last two years include James J Doyle Jr and Judith Schumacher-Tilton. View Insider Buying and Selling for Oritani Financial.

How do I buy shares of 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.

What is Oritani Financial's stock price today?

One share of ORIT stock can currently be purchased for approximately $17.31.

How big of a company is Oritani Financial?

Oritani Financial has a market capitalization of $778.71 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 250 workers across the globe.

What is Oritani Financial's official website?

The official website for Oritani Financial is http://www.oritani.com.

How can I contact Oritani Financial?

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


MarketBeat Community Rating for Oritani Financial (NASDAQ ORIT)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  152 (Vote Outperform)
Underperform Votes:  194 (Vote Underperform)
Total Votes:  346
MarketBeat's community ratings are surveys of what our community members think about Oritani Financial and other stocks. Vote "Outperform" if you believe ORIT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ORIT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/17/2019 by MarketBeat.com Staff

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