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

$16.40
+0.12 (+0.74 %)
(As of 06/19/2019 06:42 AM ET)
Today's Range
$16.32
Now: $16.40
$16.63
50-Day Range
$15.99
MA: $16.54
$17.42
52-Week Range
$14.07
Now: $16.40
$18.01
Volume103,100 shs
Average Volume126,863 shs
Market Capitalization$739.31 million
P/E Ratio13.68
Dividend Yield6.14%
Beta0.65
Oritani Financial Corp. operates as a savings and loan holding company for Oritani Bank that provides various banking services for individual and corporate customers. The company accepts a range of deposit products, such as non-interest and interest-bearing demand and NOW checking accounts, money market deposit accounts, savings accounts, retirement accounts, and time deposits. Read More…

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$1.1029 per share
Book Value$12.00 per share

Profitability

Net Income$42.89 million

Miscellaneous

Employees194
Market Cap$739.31 million
Next Earnings Date7/23/2019 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Tuesday, April 23rd. Investors of record on Friday, May 3rd will be given a dividend of $0.25 per share on Friday, May 17th. This represents a $1.00 annualized dividend and a yield of 6.10%. The ex-dividend date of this dividend is Thursday, May 2nd. 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 Monday, April, 22nd. The bank reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.29 by $0.01. The bank had revenue of $25.20 million for the quarter, compared to the consensus estimate of $26 million. Oritani Financial had a net margin of 33.03% and a return on equity of 9.68%. 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 Tuesday, July 23rd 2019. View Earnings Estimates for Oritani Financial.

Has Oritani Financial been receiving favorable news coverage?

News articles about ORIT stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Oritani Financial earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an effect on the company's share price in the near term. View News Stories for Oritani Financial.

Are investors shorting Oritani Financial?

Oritani Financial saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 3,862,900 shares, an increase of 5.0% from the April 15th total of 3,678,700 shares. Based on an average daily trading volume, of 203,200 shares, the short-interest ratio is currently 19.0 days. Currently, 10.0% of the company's shares are sold short. View Oritani Financial's Current Options Chain.

Who are some of Oritani Financial's key competitors?

What other stocks do shareholders of Oritani Financial own?

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).

Who are Oritani Financial's key executives?

Oritani Financial's management team includes the folowing people:
  • Mr. Kevin J. Lynch, Chairman, Pres & CEO (Age 73)
  • Mr. John M. Fields Jr., Exec. VP, CFO & Director (Age 56)
  • Mr. Philip M. Wyks, Sr. VP & Corp. Sec. (Age 65)
  • Mr. Louis A. Manderino, Chief Credit Officer, Chief Risk Officer & Exec. VP (Age 64)
  • Mr. Kurt Breitenstein, Exec. VP & Chief Lending Officer (Age 51)

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 Robeco Institutional Asset Management B.V. (2.68%), Acadian Asset Management LLC (1.24%), Context BH Capital Management LP (1.07%), TD Asset Management Inc. (0.51%), AJO LP (0.43%) and Rhumbline Advisers (0.26%). Company insiders that own Oritani Financial stock include Ann Jetton, 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 major investors are selling Oritani Financial stock?

ORIT stock was sold by a variety of institutional investors in the last quarter, including Context BH Capital Management LP, Los Angeles Capital Management & Equity Research Inc., Nisa Investment Advisors LLC, American International Group Inc., Rhumbline Advisers and Zurcher Kantonalbank Zurich Cantonalbank. Company insiders that have sold Oritani Financial company stock in the last year include Ann Jetton, Kevin J Lynch and Philip Wyks. View Insider Buying and Selling for Oritani Financial.

Which major investors are buying Oritani Financial stock?

ORIT stock was bought by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Acadian Asset Management LLC, AJO LP, Alphasimplex Group LLC, Virginia Retirement Systems ET AL, Assenagon Asset Management S.A., Denali Advisors LLC and Brinker Capital Inc.. 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 $16.40.

How big of a company is Oritani Financial?

Oritani Financial has a market capitalization of $739.31 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 194 workers across the globe.View Additional Information About Oritani Financial.

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:  176 (Vote Outperform)
Underperform Votes:  227 (Vote Underperform)
Total Votes:  403
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 6/19/2019 by MarketBeat.com Staff

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