Oritani Financial Stock Price, News & Analysis (NASDAQ:ORIT)

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

Oritani Financial declared a quarterly dividend on Monday, July 22nd. Investors of record on Friday, August 2nd will be given a dividend of $0.25 per share on Friday, August 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.62%. The ex-dividend date of this dividend is Thursday, August 1st. View Oritani Financial's Dividend History.

Oritani Financial Corp. (NASDAQ:ORIT) announced its quarterly earnings data on Tuesday, July, 23rd. The bank reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.02. The bank earned $25.86 million during the quarter, compared to analysts' expectations of $25 million. Oritani Financial had a return on equity of 9.69% and a net margin of 32.43%. View Oritani Financial's Earnings History.

Oritani Financial is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Oritani Financial.

1 equities research analysts have issued twelve-month price objectives for Oritani Financial's shares. Their predictions 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 6.8% 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 coverage about ORIT stock has been trending somewhat negative recently, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Oritani Financial earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave headlines about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Oritani Financial.

Some companies that are related to Oritani Financial include Home Bancshares (HOMB), Investors Bancorp (ISBC), CVB Financial (CVBF), Bancorpsouth Bank (BXS), Texas Capital Bancshares (TCBI), Cathay General Bancorp (CATY), Ameris Bancorp (ABCB), Columbia Banking System (COLB), First Interstate Bancsystem (FIBK), South State (SSB), International Bancshares (IBOC), Independent Bank (INDB), Independent Bank Group (IBTX), Hilltop (HTH) and United Community Banks (UCBI).

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).

Oritani Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.60%), Vanguard Group Inc. (9.85%), Renaissance Technologies LLC (4.37%), Invesco Ltd. (3.79%), Robeco Institutional Asset Management B.V. (2.46%) and Acadian Asset Management LLC (1.91%). 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 and Robert S Hekemian Jr. 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, Vanguard Group Inc., Prudential Financial Inc., Context BH Capital Management LP, Robeco Institutional Asset Management B.V., JPMorgan Chase & Co., Parametric Portfolio Associates LLC and Schroder Investment Management Group. 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 Cramer Rosenthal Mcglynn LLC, Acadian Asset Management LLC, Nuveen Asset Management LLC, Bank of America Corp DE, OMERS ADMINISTRATION Corp, BlackRock Inc., Morgan Stanley and ARP Americas LP. 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, Robinhood, Fidelity and Charles Schwab.

One share of ORIT stock can currently be purchased for approximately $17.79.

Oritani Financial has a market capitalization of $802.33 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]