Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Oceanfirst Financial (OCFC)
NASDAQ:OCFC
Holding OCFC?
Track your performance easily
OCFC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$14.03 - $21.87
Previous CloseN/A
Volume80.33K
Average Volume (3M)300.84K
Market Cap
$1.09B
Enterprise Value$2.28B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$307.06M
Price to Earnings (P/E)10.8
Beta1.48
Next Earnings
Jan 23, 2025EPS Estimate
0.36Last Dividend Ex-Date
Nov 04, 2024Dividend Yield4.26%
Share Statistics
EPS (TTM)1.74
Shares Outstanding58,464,214
10 Day Avg. Volume316,726
30 Day Avg. Volume300,840
Standard Deviation0.11
R-Squared0.27
Alpha-0.00877
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.86
Price to Cash Flow (P/CF)-12.30
P/FCF Ratio7.60
Enterprise Value/Market Cap2.09
Enterprise Value/Revenue5.81
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$21.00Price Target Upside12.60% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Oceanfirst Financial News
PremiumCompany Announcements
OceanFirst Financial Showcases Growth and Diversification Strategies
PremiumCompany Announcements
OceanFirst Financial Reports Strong Q3 2024 Performance
Ownership Overview
3.20% Insiders
23.71% Mutual Funds
0.75% Other Institutional Investors
56.27% Public Companies and
Individual Investors
OCFC FAQ
What was Oceanfirst Financial’s price range in the past 12 months?
Oceanfirst Financial lowest stock price was $14.03 and its highest was $21.87 in the past 12 months.
What is Oceanfirst Financial’s market cap?
Oceanfirst Financial’s market cap is $1.09B.
When is Oceanfirst Financial’s upcoming earnings report date?
Oceanfirst Financial’s upcoming earnings report date is Jan 23, 2025 which is in 5 days.
How were Oceanfirst Financial’s earnings last quarter?
Oceanfirst Financial released its earnings results on Oct 17, 2024. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.381 by $0.009.
Is Oceanfirst Financial overvalued?
According to Wall Street analysts Oceanfirst Financial’s price is currently Undervalued.
Does Oceanfirst Financial pay dividends?
Oceanfirst Financial pays a Quarterly dividend of $0.8 which represents an annual dividend yield of 4.26%. See more information on Oceanfirst Financial dividends here
What is Oceanfirst Financial’s EPS estimate?
Oceanfirst Financial’s EPS estimate is 0.36.
How many shares outstanding does Oceanfirst Financial have?
Oceanfirst Financial has 58,464,214 shares outstanding.
What happened to Oceanfirst Financial’s price movement after its last earnings report?
Oceanfirst Financial reported an EPS of $0.39 in its last earnings report, beating expectations of $0.381. Following the earnings report the stock price went down -1.87%.
Which hedge fund is a major shareholder of Oceanfirst Financial?
Currently, no hedge funds are holding shares in OCFC
---
Oceanfirst Financial Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$21.00 (12.60% Upside)
$21.00 (12.60% Upside)
Blogger Sentiment
Bullish
OCFC Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 154.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $30.0K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.69%
12-Months-Change
Fundamentals
Return on Equity
6.36%
Trailing 12-Months
Asset Growth
-0.07%
Trailing 12-Months
Company Description
Oceanfirst Financial
OceanFirst Financial Corp. is a savings and loan holding company, which engages in the provision of financial services. Its subsidiary, OceanFirst Bank, offers commercial and residential financing solutions, wealth management, and deposit services. The company is headquartered in Toms River, NJ.
---
OCFC Company Deck
---
OCFC Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects a balanced outlook. Highlights include stable net interest income, strong asset quality, and increased tangible book value, supported by effective capital management strategies like share repurchase and dividends. However, challenges include increased operating expenses, potential margin pressure, modest loan growth, and rising criticized assets, pointing to cautious optimism with areas of concern.Read More>---
OCFC Stock 12 Month Forecast
Average Price Target
$21.00
▲(12.60% Upside)
Technical Analysis
The First Of Long Island
―
First Merchants
―
F.N.B.
―
Renasant
―
German American Bancorp
―
Seacoast Banking Of Florida
―
Best Analysts Covering OCFC
1 Year
1 Year Success Rate
3/3 ratings generated profit
1 Year Average Return
+11.83%
upgraded a buy rating last month
Copying Daniel Tamayo's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +11.83% per trade.
---