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Oceanfirst Financial ( (OCFC) ) just unveiled an update.
On July 16, 2025, OceanFirst Financial Corp. announced a new 2025 Stock Repurchase Program, authorizing the repurchase of up to 3 million shares, approximately 5% of its outstanding common stock. This move is intended to enhance capital deployment flexibility and respond to market conditions, while supporting organic growth and strategic initiatives, reflecting the company’s confidence in its investment potential.
The most recent analyst rating on (OCFC) stock is a Hold with a $19.00 price target. To see the full list of analyst forecasts on Oceanfirst Financial stock, see the OCFC Stock Forecast page.
Spark’s Take on OCFC Stock
According to Spark, TipRanks’ AI Analyst, OCFC is a Outperform.
Oceanfirst Financial’s overall stock score reflects a balanced outlook. Strong valuation and positive technical indicators are offset by mixed financial performance and challenges highlighted in the earnings call. The company’s solid fundamentals and attractive valuation offer potential, but revenue growth concerns and cash flow pressures warrant caution.
To see Spark’s full report on OCFC stock, click here.
More about Oceanfirst Financial
OceanFirst Financial Corp. is the holding company for OceanFirst Bank N.A., operating in the financial services industry. The company focuses on providing banking services and products, with a market emphasis on capital management and shareholder returns.
Average Trading Volume: 288,916
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.06B
See more data about OCFC stock on TipRanks’ Stock Analysis page.