Research Analysts Set Expectations for OCFC Q3 Earnings

OceanFirst Financial Corp. (NASDAQ:OCFC) – Investment analysts at DA Davidson issued their Q3 2025 earnings estimates for shares of OceanFirst Financial in a note issued to investors on Monday, October 20th. DA Davidson analyst P. Winter forecasts that the savings and loans company will post earnings per share of $0.32 for the quarter. DA Davidson currently has a “Hold” rating on the stock. The consensus estimate for OceanFirst Financial’s current full-year earnings is $1.60 per share. DA Davidson also issued estimates for OceanFirst Financial’s FY2025 earnings at $1.32 EPS and FY2026 earnings at $1.90 EPS.

OceanFirst Financial (NASDAQ:OCFC) last posted its quarterly earnings results on Wednesday, June 14th. The savings and loans company reported $0.49 earnings per share for the quarter. The company had revenue of $93.08 million for the quarter. OceanFirst Financial had a net margin of 12.89% and a return on equity of 5.22%.

OCFC has been the topic of a number of other reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of OceanFirst Financial in a research report on Wednesday, October 8th. Zacks Research cut shares of OceanFirst Financial from a “hold” rating to a “strong sell” rating in a research note on Monday, September 1st. Finally, Keefe, Bruyette & Woods raised shares of OceanFirst Financial from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $20.00 to $22.00 in a report on Friday, October 10th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $21.80.

OceanFirst Financial Stock Up 1.6%

OCFC stock opened at $19.33 on Wednesday. OceanFirst Financial has a 52 week low of $14.29 and a 52 week high of $21.87. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 13.71 and a beta of 1.02. The firm’s 50-day moving average is $18.02 and its two-hundred day moving average is $17.38. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.70.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Quarry LP raised its holdings in shares of OceanFirst Financial by 132.3% during the 1st quarter. Quarry LP now owns 7,325 shares of the savings and loans company’s stock valued at $125,000 after buying an additional 4,172 shares in the last quarter. Tower Research Capital LLC TRC increased its position in OceanFirst Financial by 458.0% during the second quarter. Tower Research Capital LLC TRC now owns 8,526 shares of the savings and loans company’s stock valued at $150,000 after acquiring an additional 6,998 shares during the last quarter. Aigen Investment Management LP purchased a new stake in OceanFirst Financial in the first quarter worth about $175,000. EMC Capital Management grew its position in shares of OceanFirst Financial by 8.7% during the second quarter. EMC Capital Management now owns 9,952 shares of the savings and loans company’s stock worth $175,000 after purchasing an additional 800 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co grew its holdings in OceanFirst Financial by 7.0% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 10,285 shares of the savings and loans company’s stock valued at $181,000 after buying an additional 673 shares in the last quarter. Institutional investors own 70.98% of the company’s stock.

OceanFirst Financial Company Profile

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.