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

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

Oritani Financial declared a quarterly dividend on Thursday, October 24th. Shareholders of record on Monday, November 4th will be given a dividend of $0.18 per share on Wednesday, November 13th. This represents a $0.72 annualized dividend and a yield of 3.87%. The ex-dividend date is Friday, November 1st. This is a positive change from Oritani Financial's previous quarterly dividend of $0.18. View Oritani Financial's Dividend History.

Oritani Financial Corp. (NASDAQ:ORIT) posted its quarterly earnings results on Thursday, October, 24th. The bank reported $0.28 EPS for the quarter, hitting analysts' consensus estimates of $0.28. The bank had revenue of $25.47 million for the quarter. Oritani Financial had a net margin of 31.46% and a return on equity of 9.63%. View Oritani Financial's Earnings History.

Oritani Financial is scheduled to release their next quarterly earnings announcement on Monday, April 20th 2020. View Earnings Estimates for Oritani Financial.

1 brokers have issued 12 month price objectives for Oritani Financial's shares. Their forecasts range from $19.00 to $19.00. On average, they anticipate Oritani Financial's share price to reach $19.00 in the next year. This suggests a possible upside of 2.2% 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 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Oritani Financial.

News articles about ORIT stock have been trending very negative this week, InfoTrie reports. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Oritani Financial earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media stories about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Oritani Financial.

Some companies that are related to Oritani Financial include People's United Financial (PBCT), TFS Financial (TFSL), New York Community Bancorp (NYCB), Radian Group (RDN), MGIC Investment (MTG), Lendingtree (TREE), Washington Federal (WAFD), Simply Good Foods (SMPL), Walker & Dunlop (WD), WSFS Financial (WSFS), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), Provident Financial Services (PFS), Berkshire Hills Bancorp (BHLB) and Brookline Bancorp (BRKL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Oritani Financial investors own include Esquire Financial (ESQ), Callon Petroleum (CPE), Range Resources (RRC), Northfield Bancorp (NFBK), Coeur Mining (CDE), General Electric (GE), Alerian MLP ETF (AMLP), FireEye (FEYE), CNX Resources (CNX) and Ford Motor (F).

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, Robinhood, Fidelity and Charles Schwab.

One share of ORIT stock can currently be purchased for approximately $18.60.

Oritani Financial has a market capitalization of $839.79 million and generates $160.51 million in revenue each year. The bank earns $52.06 million in net income (profit) each year or $1.18 on an earnings per share basis. Oritani Financial employs 194 workers across the globe.View Additional Information About Oritani Financial.

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

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]