NASDAQ:OCFC OceanFirst Financial (OCFC) Stock Price, News & Analysis → Trump’s Gift Could Unleash $51 Billion in New Wealth (From Wealthpin Pro) (Ad) Free OCFC Stock Alerts $15.05 +0.42 (+2.87%) (As of 05/31/2024 08:51 PM ET) Add Compare Share Share Today's Range$14.51▼$16.2350-Day Range$14.35▼$16.4152-Week Range$12.01▼$19.58Volume597,500 shsAverage Volume307,154 shsMarket Capitalization$883.59 millionP/E Ratio8.80Dividend Yield5.32%Price Target$18.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get OceanFirst Financial alerts: Email Address OceanFirst Financial MarketRank™ Stock AnalysisAnalyst RatingHold2.20 Rating ScoreUpside/Downside19.6% Upside$18.00 Price TargetShort InterestHealthy1.91% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.67Based on 6 Articles This WeekInsider TradingSelling Shares$54,215 Sold Last QuarterProj. Earnings Growth11.11%From $1.71 to $1.90 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.82 out of 5 starsFinance Sector308th out of 875 stocksNational Commercial Banks Industry43rd out of 83 stocks 2.1 Analyst's Opinion Consensus RatingOceanFirst Financial has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageOceanFirst Financial has only been the subject of 3 research reports in the past 90 days.Read more about OceanFirst Financial's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.91% of the float of OceanFirst Financial has been sold short.Short Interest Ratio / Days to CoverOceanFirst Financial has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in OceanFirst Financial has recently decreased by 9.24%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipOceanFirst Financial is a leading dividend payer. It pays a dividend yield of 5.32%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthOceanFirst Financial has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of OceanFirst Financial is 46.78%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, OceanFirst Financial will have a dividend payout ratio of 42.11% next year. This indicates that OceanFirst Financial will be able to sustain or increase its dividend.Read more about OceanFirst Financial's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for OCFC. Previous Next 2.0 News and Social Media Coverage News SentimentOceanFirst Financial has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for OceanFirst Financial this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for OCFC on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, OceanFirst Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $54,215.00 in company stock.Percentage Held by InsidersOnly 5.00% of the stock of OceanFirst Financial is held by insiders.Percentage Held by Institutions70.98% of the stock of OceanFirst Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about OceanFirst Financial's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for OceanFirst Financial are expected to grow by 11.11% in the coming year, from $1.71 to $1.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of OceanFirst Financial is 8.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.44.Price to Earnings Ratio vs. SectorThe P/E ratio of OceanFirst Financial is 8.80, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.19.Price to Book Value per Share RatioOceanFirst Financial has a P/B Ratio of 0.53. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about OceanFirst Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressBiden replacement revealed?A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.See his shocking evidence in this new report About OceanFirst Financial Stock (NASDAQ:OCFC)OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services to retail and commercial customers. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits, that includes brokered deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, trust and asset management services; and bank owned life insurance products. The company was founded in 1902 and is based in Red Bank, New Jersey.Read More OCFC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OCFC Stock News HeadlinesMay 9, 2024 | insidertrades.comBrian Schaeffer Sells 3,500 Shares of OceanFirst Financial Corp. (NASDAQ:OCFC) StockJune 1 at 7:18 AM | americanbankingnews.comOceanFirst Financial's (OCFC) "Market Perform" Rating Reaffirmed at Keefe, Bruyette & WoodsMay 28, 2024 | americanbankingnews.comAnalysts Set OceanFirst Financial Corp. (NASDAQ:OCFC) Price Target at $18.20April 28, 2024 | finance.yahoo.comIs It Smart To Buy OceanFirst Financial Corp. (NASDAQ:OCFC) Before It Goes Ex-Dividend?April 24, 2024 | finance.yahoo.comOceanFirst Financial (NASDAQ:OCFC) Has Announced A Dividend Of $0.20April 22, 2024 | finance.yahoo.comOceanFirst Financial Corp. (NASDAQ:OCFC) Q1 2024 Earnings Call TranscriptApril 21, 2024 | seekingalpha.comOceanFirst Financial Corp. (OCFC) Q1 2024 Earnings Call TranscriptApril 20, 2024 | gurufocus.comOceanFirst Financial Corp (OCFC) Q1 2024 Earnings Call Transcript Highlights: Key Financial ...April 19, 2024 | msn.comOceanFirst Financial declares $0.20 dividendApril 19, 2024 | markets.businessinsider.comOceanfirst Financial (OCFC) Receives a Buy from KBWApril 18, 2024 | investorplace.comOCFC Stock Earnings: OceanFirst Financial Beats EPS, Misses Revenue for Q1 2024April 18, 2024 | sfgate.comOceanFirst: Q1 Earnings SnapshotApril 18, 2024 | globenewswire.comOceanFirst Financial Corp. Announces First Quarter Financial ResultsApril 17, 2024 | markets.businessinsider.comWhat Wall Street expects from OceanFirst Financial's earningsMarch 21, 2024 | seekingalpha.comOceanFirst Financial: The 7.1% Fixed-To-Floating Preferred Remains Very AttractiveMarch 19, 2024 | globenewswire.comOceanFirst Financial Corp. Schedules Earnings Conference CallFebruary 28, 2024 | finance.yahoo.comOceanFirst Financial Corp. to Present at the Raymond James & Associates’ 45th Annual Institutional Investors Conference on March 4-6, 2024February 28, 2024 | globenewswire.comOceanFirst Financial Corp. to Present at the Raymond James & Associates' 45th Annual Institutional Investors Conference on March 4-6, 2024February 17, 2024 | finance.yahoo.comOCFC Jun 2024 15.000 callFebruary 15, 2024 | markets.businessinsider.comBanks With High Commercial Real Estate Loan Exposure In Regulatory Spotlight: Valley National Bancorp And 15 Others To WatchFebruary 1, 2024 | seekingalpha.comOCFC OceanFirst Financial Corp.January 28, 2024 | finance.yahoo.comThere's A Lot To Like About OceanFirst Financial's (NASDAQ:OCFC) Upcoming US$0.20 DividendJanuary 23, 2024 | finance.yahoo.comOceanFirst Financial Corp. (NASDAQ:OCFC) Q4 2023 Earnings Call TranscriptJanuary 22, 2024 | markets.businessinsider.comRaymond James Maintains Outperform Rating for OceanFirst Financial: Here's What You Need To KnowJanuary 20, 2024 | finance.yahoo.comQ4 2023 OceanFirst Financial Corp Earnings CallSee More Headlines Receive OCFC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for OceanFirst Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/18/2024Ex-Dividend for 5/17 Dividend5/03/2024Ex-Dividend for 5/17 Dividend5/03/2024Dividend Payable5/17/2024Dividend Payable5/17/2024Today6/02/2024Next Earnings (Estimated)7/18/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry National commercial banks Sub-IndustryThrifts & Mortgage Finance Current SymbolNASDAQ:OCFC CUSIP67523410 CIK1004702 Webwww.oceanfirst.com Phone(732) 240-4500Fax302-655-5049Employees878Year Founded1902Price Target and Rating Average Stock Price Target$18.00 High Stock Price Target$20.00 Low Stock Price Target$15.00 Potential Upside/Downside+19.6%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.71 Trailing P/E Ratio8.80 Forward P/E Ratio8.80 P/E GrowthN/ANet Income$104.03 million Net Margins15.54% Pretax Margin20.68% Return on Equity6.17% Return on Assets0.75% Debt Debt-to-Equity Ratio0.67 Current Ratio1.00 Quick Ratio0.99 Sales & Book Value Annual Sales$641.60 million Price / Sales1.38 Cash Flow$2.15 per share Price / Cash Flow7.00 Book Value$28.37 per share Price / Book0.53Miscellaneous Outstanding Shares58,710,000Free Float55,777,000Market Cap$883.59 million OptionableOptionable Beta1.01 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Christopher D. Maher (Age 57)Chairman & CEO Comp: $1.84MMr. Joseph J. Lebel III (Age 62)President, COO & Director Comp: $1.09MMr. Patrick S. Barrett (Age 60)CFO & Executive VP Comp: $800.45kMr. Steven J. Tsimbinos Esq. (Age 54)Executive VP, General Counsel & Corporate Secretary Comp: $582.23kMs. Michele B. Estep (Age 54)EVP and Chief Administrative Officer of OceanFirst Bank, N.A. Comp: $586.18kMr. Patrick Chong (Age 35)Senior VP, Corporate Controller & Principal Accounting Officer Ms. Angela K. Ho (Age 40)Senior VP & Chief Compliance Officer Mr. Anthony Giordano III (Age 58)Executive VP & Chief of Banking Operations Mr. Brian E. Schaeffer CISACISSP, Senior VP & Chief Information Security OfficerMr. David L. Berninger (Age 56)Executive VP & CRO More ExecutivesKey CompetitorsPremier FinancialNASDAQ:PFCPathward FinancialNASDAQ:CASHColumbia FinancialNASDAQ:CLBKFlagstar BancorpNYSE:FBCWalker & DunlopNYSE:WDView All CompetitorsInsiders & InstitutionsBoston PartnersBought 42,966 shares on 5/28/2024Ownership: 2.369%EMC Capital ManagementBought 9,152 shares on 5/20/2024Ownership: 0.016%Comerica BankSold 6,125 shares on 5/17/2024Ownership: 0.121%California State Teachers Retirement SystemSold 3,204 shares on 5/16/2024Ownership: 0.101%EJF Capital LLCSold 3,104 shares on 5/16/2024Ownership: 0.054%View All Insider TransactionsView All Institutional Transactions OCFC Stock Analysis - Frequently Asked Questions Should I buy or sell OceanFirst Financial stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for OceanFirst Financial in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" OCFC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OCFC, but not buy additional shares or sell existing shares. View OCFC analyst ratings or view top-rated stocks. What is OceanFirst Financial's stock price target for 2024? 5 equities research analysts have issued 1 year price objectives for OceanFirst Financial's stock. Their OCFC share price targets range from $15.00 to $20.00. On average, they anticipate the company's share price to reach $18.00 in the next year. This suggests a possible upside of 19.6% from the stock's current price. View analysts price targets for OCFC or view top-rated stocks among Wall Street analysts. How have OCFC shares performed in 2024? OceanFirst Financial's stock was trading at $17.36 at the beginning of the year. Since then, OCFC shares have decreased by 13.3% and is now trading at $15.05. View the best growth stocks for 2024 here. When is OceanFirst Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024. View our OCFC earnings forecast. How were OceanFirst Financial's earnings last quarter? OceanFirst Financial Corp. (NASDAQ:OCFC) announced its quarterly earnings data on Thursday, April, 18th. The savings and loans company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.02. The savings and loans company had revenue of $98.51 million for the quarter, compared to analysts' expectations of $95.45 million. OceanFirst Financial had a trailing twelve-month return on equity of 6.17% and a net margin of 15.54%. How often does OceanFirst Financial pay dividends? What is the dividend yield for OceanFirst Financial? OceanFirst Financial announced a quarterly dividend on Wednesday, April 17th. Investors of record on Monday, May 6th will be paid a dividend of $0.20 per share on Friday, May 17th. This represents a $0.80 annualized dividend and a dividend yield of 5.32%. The ex-dividend date is Friday, May 3rd. Read our dividend analysis for OCFC. Is OceanFirst Financial a good dividend stock? OceanFirst Financial (NASDAQ:OCFC) pays an annual dividend of $0.80 per share and currently has a dividend yield of 5.32%. OCFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 46.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OCFC will have a dividend payout ratio of 42.11% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for OCFC. What is Christopher D. Maher's approval rating as OceanFirst Financial's CEO? 21 employees have rated OceanFirst Financial Chief Executive Officer Christopher D. Maher on Glassdoor.com. Christopher D. Maher has an approval rating of 97% among the company's employees. This puts Christopher D. Maher in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of OceanFirst Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other OceanFirst Financial investors own include B&G Foods (BGS), Occidental Petroleum (OXY), Pfizer (PFE), AT&T (T), Bank of America (BAC), Walt Disney (DIS), Eastman Chemical (EMN), Enterprise Products Partners (EPD), Invesco (IVZ) and Johnson & Johnson (jnj). Who are OceanFirst Financial's major shareholders? OceanFirst Financial's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.92%), Boston Partners (2.37%), LSV Asset Management (0.88%), Hennessy Advisors Inc. (0.35%), Empowered Funds LLC (0.28%) and Addison Capital Co (0.26%). Insiders that own company stock include Angela K Ho, Anthony Giordano III, Brian Schaeffer, Christopher Maher, Jack M Farris, John F Barros, Joseph Lebel III, Joseph M Jr Murphy, Karthik Sridharan, Michael D Devlin, Michele B Estep, Nicos Katsoulis, Patricia Lynne Turner, Patrick Sean Barrett, Robert C Garrett and Steven James Tsimbinos. View institutional ownership trends. How do I buy shares of OceanFirst Financial? Shares of OCFC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:OCFC) was last updated on 6/3/2024 by MarketBeat.com Staff From Our PartnersWrite this ticker symbol down…StocksToTradeTrump’s Gift Could Unleash $51 Billion in New WealthWealthpin ProBiden replacement revealed?Paradigm PressExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersHe Is Giving Away BitcoinCrypto Swap ProfitsShocking $16T Elon Musk Crypto LeakCrypto 101 MediaBiden Nomination CANCELED?The Freeport SocietyBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding OceanFirst Financial Corp. Please log in to your account or sign up in order to add this asset to your watchlist. 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