NASDAQ:OCFC OceanFirst Financial (OCFC) Stock Price, News & Analysis → Claim Your Complimentary Bitcoin Reward (From Crypto Swap Profits) (Ad) Free OCFC Stock Alerts $16.14 +0.04 (+0.25%) (As of 10:31 AM ET) Add Compare Share Share Today's Range$15.99▼$16.1950-Day Range$14.71▼$18.3352-Week Range$12.01▼$19.58Volume15,317 shsAverage Volume338,428 shsMarket Capitalization$951.45 millionP/E Ratio9.49Dividend Yield4.96%Price Target$20.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get OceanFirst Financial alerts: Email Address OceanFirst Financial MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside24.2% Upside$20.00 Price TargetShort InterestHealthy2.16% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.70Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth18.75%From $1.76 to $2.09 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.4.07 out of 5 starsFinance Sector287th out of 863 stocksNational Commercial Banks Industry43rd out of 84 stocks 2.2 Analyst's Opinion Consensus RatingOceanFirst Financial has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.00, OceanFirst Financial has a forecasted upside of 24.2% from its current price of $16.10.Amount of Analyst CoverageOceanFirst Financial has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.16% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in OceanFirst Financial has recently increased by 11.82%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipOceanFirst Financial is a leading dividend payer. It pays a dividend yield of 5.18%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthOceanFirst Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of OceanFirst Financial is 47.06%. 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 38.28% next year. This indicates that OceanFirst Financial will be able to sustain or increase its 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 2.6 News and Social Media Coverage News SentimentOceanFirst Financial has a news sentiment score of 0.70. 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 5 news articles for OceanFirst Financial this week, compared to 2 articles on an average week.MarketBeat Follows2 people have added OceanFirst Financial to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, OceanFirst Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.60% 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. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for OceanFirst Financial are expected to grow by 18.75% in the coming year, from $1.76 to $2.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of OceanFirst Financial is 9.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.68.Price to Earnings Ratio vs. SectorThe P/E ratio of OceanFirst Financial is 9.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.03.Price to Book Value per Share RatioOceanFirst Financial has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIWarning: this could blow your mindBuckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…Watch the presentation here 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 HeadlinesMarch 25, 2024 | americanbankingnews.comHead to Head Survey: Regions Financial (NYSE:RF) & OceanFirst Financial (NASDAQ:OCFC)March 21, 2024 | seekingalpha.comOceanFirst Financial: The 7.1% Fixed-To-Floating Preferred Remains Very AttractiveMarch 28, 2024 | Crypto 101 Media (Ad)Altcoin FRENZY Alert…Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days… March 21, 2024 | americanbankingnews.comOceanFirst Financial (NASDAQ:OCFC) Shares Cross Above 200 Day Moving Average of $15.39March 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 callMarch 28, 2024 | WealthPress (Ad)$25,000 into $109,616 in two months? 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(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 CallJanuary 18, 2024 | benzinga.comRecap: OceanFirst Financial Q4 EarningsJanuary 18, 2024 | finance.yahoo.comOceanFirst Financial (OCFC) Q4 Earnings and Revenues Top EstimatesJanuary 18, 2024 | finance.yahoo.comOceanFirst (OCFC) Q4 Earnings: How Key Metrics Compare to Wall Street EstimatesJanuary 18, 2024 | seekingalpha.comOceanFirst Financial: Income Potential, But Key Metrics Severely MixedJanuary 17, 2024 | benzinga.comOceanFirst Financial's Earnings: A PreviewJanuary 14, 2024 | finance.yahoo.comInvestors in OceanFirst Financial (NASDAQ:OCFC) have unfortunately lost 14% over the last five yearsJanuary 12, 2024 | finance.yahoo.comIs OceanFirst Financial (OCFC) Stock Undervalued Right Now?January 6, 2024 | msn.comRaymond James Upgrades OceanFirst Financial (OCFC)December 24, 2023 | seekingalpha.comOCFCP OceanFirst Financial Corp. 7% DP SHS PFD ADecember 4, 2023 | finance.yahoo.comAfter losing 32% in the past year, OceanFirst Financial Corp. (NASDAQ:OCFC) institutional owners must be relieved by the recent gainNovember 9, 2023 | morningstar.comOceanFirst Financial Corp OCFCOctober 24, 2023 | bizjournals.comBank CEO says Philadelphia loan demand 'down significantly' due to public safetySee 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 Earnings1/18/2024Ex-Dividend for 2/16 Dividend2/02/2024Dividend Payable2/16/2024Today3/28/2024Next Earnings (Confirmed)4/18/2024Fiscal 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$20.00 High Stock Price Target$26.00 Low Stock Price Target$15.00 Potential Upside/Downside+24.2%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.70 Trailing P/E Ratio9.47 Forward P/E Ratio9.15 P/E GrowthN/ANet Income$104.03 million Net Margins16.21% Pretax Margin21.32% Return on Equity6.65% Return on Assets0.80% Debt Debt-to-Equity Ratio0.64 Current Ratio0.98 Quick Ratio0.98 Sales & Book Value Annual Sales$641.60 million Price / Sales1.48 Cash Flow$2.24 per share Price / Cash Flow7.18 Book Value$27.97 per share Price / Book0.58Miscellaneous Outstanding Shares58,950,000Free Float56,242,000Market Cap$949.10 million OptionableOptionable Beta0.99 Social Links These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Christopher D. Maher (Age 57)Chairman & CEO Comp: $1.97MMr. Joseph J. Lebel III (Age 62)President, COO & Director Comp: $1.28MMr. Patrick S. Barrett (Age 60)CFO & Executive VP Comp: $1.03MMr. Steven J. Tsimbinos Esq. (Age 54)Executive VP, General Counsel & Corporate Secretary Comp: $645.83kMs. Michele B. Estep (Age 54)EVP and Chief Administrative Officer of OceanFirst Bank, N.A. Comp: $649.23kMr. 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 R. HowardFirst Senior VP & TreasurerMore ExecutivesKey CompetitorsBrookline BancorpNASDAQ:BRKLProvident Financial ServicesNYSE:PFSCapitol Federal FinancialNASDAQ:CFFNDime Community BancsharesNASDAQ:DCOMPremier FinancialNASDAQ:PFCView All CompetitorsInsiders & InstitutionsPNC Financial Services Group Inc.Bought 1,016 shares on 3/22/2024Ownership: 0.030%Hennessy Advisors Inc.Bought 55,000 shares on 3/14/2024Ownership: 0.348%Vanguard Group Inc.Bought 74,245 shares on 3/11/2024Ownership: 5.716%Wellington Management Group LLPSold 6,299 shares on 3/5/2024Ownership: 0.270%Goldman Sachs Group Inc.Bought 66,868 shares on 3/1/2024Ownership: 1.774%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 year. There are currently 3 hold ratings and 2 buy ratings 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 brokerages have issued 1 year target prices for OceanFirst Financial's shares. Their OCFC share price targets range from $15.00 to $26.00. On average, they anticipate the company's stock price to reach $20.00 in the next year. This suggests a possible upside of 24.2% 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 7.3% and is now trading at $16.10. 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, April 18th 2024. View our OCFC earnings forecast. How can I listen to OceanFirst Financial's earnings call? OceanFirst Financial will be holding an earnings conference call on Friday, April 19th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "203920". How were OceanFirst Financial's earnings last quarter? OceanFirst Financial Corp. (NASDAQ:OCFC) posted its quarterly earnings results on Thursday, January, 18th. The savings and loans company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.02. The savings and loans company earned $99.69 million during the quarter, compared to analysts' expectations of $97.26 million. OceanFirst Financial had a net margin of 16.21% and a trailing twelve-month return on equity of 6.65%. How often does OceanFirst Financial pay dividends? What is the dividend yield for OceanFirst Financial? OceanFirst Financial announced a quarterly dividend on Wednesday, January 17th. Shareholders of record on Monday, February 5th will be paid a dividend of $0.20 per share on Friday, February 16th. This represents a $0.80 annualized dividend and a dividend yield of 4.97%. The ex-dividend date of this dividend is Friday, February 2nd. 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 5.18%. OCFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 47.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OCFC will have a dividend payout ratio of 38.28% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for OCFC. What ETFs hold OceanFirst Financial's stock? ETFs with the largest weight of OceanFirst Financial (NASDAQ:OCFC) stock in their portfolio include First Trust Small Cap Value AlphaDEX Fund (FYT).First Trust Small Cap Core AlphaDEX Fund (FYX). 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 a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.67%), Vanguard Group Inc. (5.72%), Dimensional Fund Advisors LP (5.31%), GW&K Investment Management LLC (2.68%), Nuveen Asset Management LLC (2.53%) and Boston Partners (2.27%). Insiders that own company stock include Angela K Ho, Anthony Giordano III, 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. 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