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50
OCFC Quote, Financials, Valuation and Earnings
Last price:
$18.05
Seasonality move
:
-2.91%
Day range:
$17.54 - $18.09
52-week range:
$14.03 - $21.87
Dividend yield:
4.43%
P/E ratio:
10.31x
P/S ratio:
2.75x
P/B ratio:
0.62x
Volume:
321.5K
Avg. volume:
270.6K
1-year change:
6.87%
Market cap:
$1.1B
Revenue:
$398.7M
EPS (TTM):
$1.75
Analysts' Opinion
-
Consensus RatingOceanFirst Financial has received a consensus rating of Hold. The company's average rating is a Hold based on 2 Buy ratings, 4 Hold ratings, and 0 Sell ratings.
-
Price Target UpsideAccording to analysts' consensus price target of $21.93, OceanFirst Financial has an estimated upside of 21.49% from its current price of $18.05.
-
Price Target DownsideAccording to analysts, the lowest downside price target is $19.00 representing 100% downside risk from its current price of $18.05.
Fair Value
-
According to the consensus of 6 analysts, OceanFirst Financial has 21.49% upside to fair value with a price target of $21.93 per share.
OCFC vs. S&P 500
-
Over the past 5 trading days, OceanFirst Financial has overperformed the S&P 500 by 0.76% suggesting its relative strength compared to the major market average is strong at this time.
Share Buyback
-
OceanFirst Financial does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.
Revenue Growth
-
OceanFirst Financial revenues have been falling on a year-over-year basis for 5 quarters in a row. In the most recent quarter OceanFirst Financial reported revenues of $95.8M.
Earnings Growth
-
OceanFirst Financial has grown year-over-year earnings for 1 quarter straight. In the most recent quarter OceanFirst Financial reported earnings per share of $0.42.
Enterprise value:
1.2B
EV / Invested capital:
--
Price / LTM sales:
2.75x
EV / EBIT:
2.80x
EV / Revenue:
3.23x
PEG ratio (5yr expected):
--
EV / Free cash flow:
95.38x
Price / Operating cash flow:
81.05x
Enterprise value / EBITDA:
--
Gross Profit (TTM):
--
Return On Assets:
0.79%
Net Income Margin (TTM):
27.56%
Return On Equity:
6.35%
Return On Invested Capital:
3.86%
Operating Margin:
--
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Income Statement | ||||||
| Revenue | $387.6M | $432.8M | $384.1M | $100.6M | $95.8M | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Operating Income | -- | -- | -- | -- | -- | |
| EBITDA | -- | -- | -- | -- | -- | |
| Diluted EPS | $1.90 | $2.13 | $1.75 | $0.33 | $0.42 | |
| Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| Current Assets | $1.2B | $1.3B | $679.4M | $912.1M | $1.2B | |
| Total Assets | $11.7B | $11.8B | $12.7B | $13.5B | $13.5B | |
| Current Liabilities | $142.8M | $143.3M | $96.3M | $83M | $81.2M | |
| Total Liabilities | $10.2B | $10.3B | $11.1B | $11.9B | $11.8B | |
| Total Equity | $1.5B | $1.5B | $1.5B | $1.6B | $1.7B | |
| Total Debt | $590.4M | $228.9M | $709.1M | $802.2M | $1.3B | |
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Cash Flow Statement | ||||||
| Cash Flow Operations | $250.9M | $191.5M | $20.6M | $54.8M | -$22.4M | |
| Cash From Investing | -$1.7B | -$557.7M | -$227.1M | $8.7M | -$153.6M | |
| Cash From Financing | $572.7M | $604.4M | $11.8M | -$112.4M | $209M | |
| Free Cash Flow | $216.2M | $183.7M | $13M | $53.5M | -$23.5M | |
OCFC
Sector
Market Cap
$1.1B
$684.5M
Price % of 52-Week High
82.53%
87.63%
Dividend Yield
4.43%
2.22%
Shareholder Yield
5.84%
3.86%
1-Year Price Total Return
6.87%
8.33%
Beta (5-Year)
1.056
0.739
Dividend yield:
4.43%
Annualized payout:
$0.80
Payout ratio:
48.25%
Growth streak:
2 years
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Technicals
8-day SMA
Buy
Level
$17.92
200-day SMA
Buy
Level
$17.08
Bollinger Bands (100)
Sell
Level
17.11 - 19.83
Chaikin Money Flow
Buy
Level
21.1M
20-day SMA
Sell
Level
$18.74
Relative Strength Index (RSI14)
Sell
Level
38.94
ADX Line
Sell
Level
24.15
Williams %R
Neutral
Level
-74.0741
50-day SMA
Sell
Level
$19.35
MACD (12, 26)
Sell
Level
-0.53
25-day Aroon Oscillator
Sell
Level
-84
On Balance Volume
Neutral
Level
12.7M
Financial Scores
Sell
Altman Z-Score
(Annual)
Level (0.3128)
Sell
CA Score
(Annual)
Level (-2.0636)
--
Beneish M-Score
(Annual)
Level (--)
Buy
Momentum Score
Level (9)
Sell
Ohlson Score
Level (1.9707)
--
Piotroski F Score
(Annual)
Level (--)
--
Quality Ratio Score
Level (--)
Buy
Fundamental Score
Level (8)
Revenue Forecast
Earnings per Share Forecast
Company Profile
OceanFirst Financial Corp is engaged in the banking sector of the United States. It conducts the business of attracting retail and business deposits and investing them in loans, consisting of single-family, owner-occupied residential mortgage loans, and commercial real estate loans. The company's sole segment deals with the delivery of loan and deposit products to customers. The bank's revenues are derived principally from interest on its loans, and to a lesser extent, interest on its investment and mortgage-backed securities. The rest of its income is dependent on bank card services and wealth management services.
Stock Forecast FAQ
In the current month, OCFC has received 2 Buy ratings 4 Hold ratings, and 0 Sell ratings. The OCFC average analyst price target in the past 3 months is $21.93.
-
Where Will OceanFirst Financial Stock Be In 1 Year?
According to analysts, the consensus estimate is that OceanFirst Financial share price will rise to $21.93 per share over the next 12 months.
-
What Do Analysts Say About OceanFirst Financial?
Analysts are divided on their view about OceanFirst Financial share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that OceanFirst Financial is a Sell and believe this share price will drop from its current level to $19.00.
-
What Is OceanFirst Financial's Price Target?
The price target for OceanFirst Financial over the next 1-year time period is forecast to be $21.93 according to 6 Wall Street analysts, 2 of them rate the stock a Buy, 0 rate the stock a Sell, and 4 analysts rate the stock a Hold.
-
Is OCFC A Buy, Sell Or Hold?
According to Wall Street analysts, the consensus rating for OceanFirst Financial is a Hold. 4 of 6 analysts rate the stock a Hold at this time.
-
How Can I Buy Shares Of OCFC?
You can purchase shares of OceanFirst Financial via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase OceanFirst Financial shares.
-
What Is The OceanFirst Financial Share Price Today?
OceanFirst Financial was last trading at $18.05 per share. This represents the most recent stock quote for OceanFirst Financial. Yesterday, OceanFirst Financial closed at $18.05 per share.
-
How To Buy OceanFirst Financial Stock Online?
In order to purchase OceanFirst Financial stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
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