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. Stockholders 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 annualized dividend and a dividend yield of 5.33%. The ex-dividend date of this dividend is Thursday, August 1st. View Oritani Financial's Dividend History.

Oritani Financial Corp. (NASDAQ:ORIT) released its earnings results on Tuesday, July, 23rd. The bank reported $0.29 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $0.02. The bank had revenue of $25.86 million for the quarter, compared to analysts' expectations of $25 million. Oritani Financial had a net margin of 32.43% and a return on equity of 9.69%. 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 targets for Oritani Financial's stock. Their predictions range from $19.00 to $19.00. On average, they anticipate Oritani Financial's stock price to reach $19.00 in the next year. This suggests a possible upside of 1.3% 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 this week, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Oritani Financial earned a media sentiment score of -1.7 on InfoTrie's scale. They also assigned press coverage 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 stock'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), New York Community Bancorp (NYCB), Radian Group (RDN), MGIC Investment (MTG), TFS Financial (TFSL), Lendingtree (TREE), Washington Federal (WAFD), WSFS Financial (WSFS), LegacyTexas Financial Group (LTXB), Simply Good Foods (SMPL), Capitol Federal Financial (CFFN), Walker & Dunlop (WD), Northwest Bancshares (NWBI), Provident Financial Services (PFS) and Berkshire Hills Bancorp (BHLB).

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 number of of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.30%), Denali Advisors LLC (0.26%), 6 Meridian (0.10%) and State of Alaska Department of Revenue (0.07%). 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 bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Denali Advisors LLC, State of Alaska Department of Revenue and 6 Meridian. 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 $18.76.

Oritani Financial has a market capitalization of $846.08 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]