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 Friday, January 25th. Shareholders of record on Friday, February 8th will be given a dividend of $0.25 per share on Friday, February 22nd. This represents a $1.00 annualized dividend and a yield of 5.93%. The ex-dividend date is Thursday, February 7th. View Oritani Financial's Dividend History.

Oritani Financial Corp. (NASDAQ:ORIT) released its quarterly earnings results on Thursday, January, 24th. The bank reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.05. The bank earned $27.67 million during the quarter, compared to analyst estimates 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.

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

1 brokers have issued 1 year target prices for Oritani Financial's stock. Their forecasts 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 2.2%. 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.

Media stories about ORIT stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Oritani Financial earned a news sentiment score of 1.7 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days.

Some companies that are related to Oritani Financial include CVB Financial (CVBF), Texas Capital Bancshares (TCBI), Cathay General Bancorp (CATY), Union Bankshares (UBSH), Bancorpsouth Bank (BXS), International Bancshares (IBOC), Columbia Banking System (COLB), First Interstate Bancsystem (FIBK), South State (SSB), First Bancorp (FBP), Independent Bank Group (IBTX), Renasant (RNST), United Community Banks (UCBI), Banner (BANR) and Great Western Bancorp (GWB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Oritani Financial investors own include Range Resources (RRC), Callon Petroleum (CPE), General Electric (GE), Alerian MLP (AMLP), Coeur Mining (CDE), New York Community Bancorp (NYCB), FireEye (FEYE), OFG Bancorp (OFG), Medical Properties Trust (MPW) and CNX Resources (CNX).

Oritani Financial's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.35%), Dimensional Fund Advisors LP (8.55%), Northern Trust Corp (1.72%), Norges Bank (1.59%), Bank of New York Mellon Corp (1.44%) and Context BH Capital Management LP (1.43%). 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.

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 Ann Jetton, Kevin J Lynch and Philip Wyks. View Insider Buying and Selling for Oritani Financial.

ORIT stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., Dimensional Fund Advisors LP, Clover Partners L.P., Nordea Investment Management AB, Acadian Asset Management LLC, Geode Capital Management LLC and Geode Capital Management LLC. 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.

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 $16.87.

Oritani Financial has a market capitalization of $758.98 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.

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]