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Market Cap 1.09B P/E 7.48 EPS this Y -11.20% Ern Qtrly Grth -12.30%
Income 97.37M Forward P/E 8.82 EPS next Y 9.50% 50D Avg Chg 12.00%
Sales 376.06M PEG 1.13 EPS past 5Y -1.14% 200D Avg Chg -7.00%
Dividend 4.00% Price/Book 0.67 EPS next 5Y 10.00% 52W High Chg -27.00%
Recommedations 2.40 Quick Ratio - Shares Outstanding 58.48M 52W Low Chg 43.00%
Insider Own 3.25% ROA 0.75% Shares Float 56.22M Beta 1.00
Inst Own 74.29% ROE 6.14% Shares Shorted/Prior 587.11K/578.60K Price 18.26
Gross Margin - Profit Margin 26.96% Avg. Volume 323,582 Target Price 19.79
Oper. Margin 38.84% Earnings Date Oct 17 Volume 201,631 Change -0.38%
About OceanFirst Financial Corp.

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.

OceanFirst Financial Corp. News
11/12/24 3 Dividend Stocks In US Offering Yields Up To 3.7%
11/06/24 OceanFirst Financial Corp. and OceanFirst Bank N.A. Receive Moody’s Investment Grade Ratings
11/03/24 OceanFirst Financial Third Quarter 2024 Earnings: Beats Expectations
05:29 AM OceanFirst Financial (NASDAQ:OCFC) Has Affirmed Its Dividend Of $0.20
10/19/24 Q3 2024 OceanFirst Financial Corp Earnings Call
10/19/24 OceanFirst Financial Corp (OCFC) Q3 2024 Earnings Call Highlights: Steady Earnings Amid ...
10/18/24 3 High-Yield Dividend Stocks On US Exchanges To Boost Your Portfolio
10/17/24 OceanFirst (OCFC) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
10/17/24 OceanFirst Financial (OCFC) Q3 Earnings and Revenues Top Estimates
10/17/24 OceanFirst: Q3 Earnings Snapshot
10/17/24 OceanFirst Financial Corp. Announces Third Quarter Financial Results
10/14/24 Seeking Clues to OceanFirst (OCFC) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
10/10/24 OceanFirst Financial (OCFC) Reports Next Week: Wall Street Expects Earnings Growth
10/07/24 OceanFirst Bank Secures $50,000 in Small Business Recovery Grants from Federal Home Loan Bank to Benefit Ten Local Nonprofit Organizations
10/06/24 OceanFirst Financial's (NASDAQ:OCFC) investors will be pleased with their respectable 31% return over the last year
09/25/24 CommUNITYFirst Day 2024, Held on September 24th, Benefits Thousands
09/23/24 OceanFirst Financial Corp. Schedules Earnings Conference Call
09/18/24 OceanFirst Bank Announces Voluntary Settlement of Fair Lending Claims by the U.S. Department of Justice and U.S. Department of Housing and Urban Development
09/18/24 Market Chatter: OceanFirst Financial Unit Settles Redlining Charges in New Jersey
09/18/24 New Jersey's OceanFirst Bank settles US redlining charges
OCFC Chatroom

User Image Estimize Posted - 10/28/24

Wall St is expecting 0.36 EPS for $OCFC Q4 [Reporting 01/23 AMC] http://www.estimize.com/intro/ocfc?chart=historical&metric_name=eps&utm_co

User Image PenkeTrading Posted - 1 month ago

I found you an Overbought RSI (Relative Strength Index) on the daily chart of OceanFirst Financial Corp. Is that bullish or bearish? $OCFC #RsiOverbought #NASDAQ

User Image DonCorleone77 Posted - 1 month ago

$OCFC OceanFirst Financial reports Q3 EPS 39c, consensus 38c Reports Q3 revenue $82.22M , consensus $$83.18M.The current quarter was impacted by a continued mix-shift and repricing of funding costs. Further, the results were impacted by the following non-recurring events: $1.7 million of merger related expenses, a $1.4 million gain on sale of a portion of the Company's trust business, a $855,000 gain on sale of assets held for sale, and the resolution, via sale of collateral, of a single commercial real estate relationship of $7.2 million that was moved to non-accrual and partially charged-off in prior periods. Net interest income decreased by $44,000, as the increase in cost of deposits slightly outpaced the decrease in Federal Home Loan Bank advance costs and the yield of average interest earning assets. Net interest margin decreased to 2.67%, from 2.71%, which included the impact of purchase accounting accretion of 0.02% and 0.04% for the respective periods.

User Image Stock_Titan Posted - 09/23/24

$OCFC OceanFirst Financial Corp. Schedules Earnings Conference Call https://www.stocktitan.net/news/OCFC/ocean-first-financial-corp-schedules-earnings-conference-1ers2a0mvxvl.html

User Image Stock_Titan Posted - 2 months ago

$OCFC OceanFirst Bank Announces Voluntary Settlement of Fair Lending Claims by the U.S. Department of Justice and U.S. Department of Housing and Urban Development https://www.stocktitan.net/news/OCFC/ocean-first-bank-announces-voluntary-settlement-of-fair-lending-0x1vtdmbrmuq.html

User Image Avocado_smash Posted - 3 months ago

$FFDF $PTBS $PEBO $PPBI $OCFC

User Image NVDAMillionaire Posted - 07/30/24

$OCFC OceanFirst (OCFC) Navigates Challenging Environment with Prudent Approach http://beyondspx.com/2024/07/30/oceanfirst-ocfc-navigates-challenging-environment-with-prudent-approach/

User Image IN0V8 Posted - 07/22/24

$OCFC D.A. Davidson raises target price by $3 to $19 Piper Sandler raises target price to $17 from $16

User Image epsguid Posted - 4 months ago

$OCFC reported earnings of $0.39, consensus was $0.42 via @eWhispers #epsmiss http://eps.sh/d/ocfc

User Image DonCorleone77 Posted - 4 months ago

$OCFC OceanFirst Financial reports Q2 EPS 40c, consensus 43c Reports Q2 net interest income decreased to $82.3M, from $92.1M primarily reflecting the net impact of the higher interest rate environment. Net interest margin decreased to 2.71%, from 3.02%, which included the impact of purchase accounting accretion and prepayment fees of 0.04% and 0.05%, respectively. Net interest margin decreased primarily due to the increase in cost of funds outpacing the increase in yield on average interest-earning assets. Chairman and Chief Executive Officer, Christopher D. Maher, commented on the Company's results, "Our current quarter results reflected prudent balance sheet management and expense discipline. As rates are elevated and the yield curve remains inverted, net interest margin compressed during the quarter, but the pace of margin compression is slowing. Additionally, our credit quality continues to remain robust, we grew capital, and continued share repurchases during the quarter." Mr. Maher added, "The Company is well positioned to bolster shareholder value through growth in the second half of the year."

User Image Stock_Titan Posted - 4 months ago

$OCFC OceanFirst Financial Corp. Announces Second Quarter Financial Results https://www.stocktitan.net/news/OCFC/ocean-first-financial-corp-announces-second-quarter-financial-trfvn2kl9wpj.html

User Image eWhispers Posted - 4 months ago

#earnings after the close on Thursday, July 18, 2024 https://www.earningswhispers.com/calendar $NFLX $ISRG $PPG $WAL $OCFC

User Image LoneBroker Posted - 4 months ago

$OCFC lets check it out now, 🤔

User Image Stock_Titan Posted - 06/24/24

$OCFC OceanFirst Financial Corp. Schedules Earnings Conference Call https://www.stocktitan.net/news/OCFC/ocean-first-financial-corp-schedules-earnings-conference-sddfsot49fhd.html

User Image GrindTime Posted - 06/22/24

$OCFC lookin kinda bearish.... new lows?

User Image LoneBroker Posted - 05/24/24

$OCFC the moment 😱

User Image QuiverQuant Posted - 6 months ago

CONGRESSIONAL TRADING: Representative Josh Gottheimer disclosed a purchase of $1,001 - $15,000 of $OCFC on 2024-05-15.

User Image insiderbuyingselling Posted - 6 months ago

$OCFC new insider selling: 3500 shares. http://insiderbuyingselling.com/?t=OCFC

User Image Avocado_smash Posted - 04/24/24

$ASRV $FSBC $IDA $OCFC $C

User Image epsguid Posted - 7 months ago

$OCFC reported earnings of $0.44, consensus was $0.42 via @eWhispers #epsbeat http://eps.sh/d/ocfc

User Image mikesterz7 Posted - 7 months ago

$OCFC OceanFirst Financial Q1 Non-GAAP EPS of $0.44 beats by $0.03. Revenue of $98.51M (-2.3% Y/Y) beats by $2.85M.

User Image DonCorleone77 Posted - 7 months ago

$OCFC OceanFirst Financial reports Q1 EPS 44c, consensus 41c Reports Q1 net interest income decreased to $86.2M, from $98.8M, primarily reflecting the net impact of the higher interest rate environment. Net interest margin decreased to 2.81%, from 3.34%. Excluding the impact of purchase accounting accretion and prepayment fees of 0.04% for both quarters, net interest margin decreased to 2.77%, from 3.30%. Net interest margin decreased primarily due to the increase in cost of funds outpacing the increase in yield on average interest-earning assets. Average interest-earning assets increased by $340.3M primarily driven by growth of $163.9 million in total loans and $143M in securities. The average yield for interest-earning assets increased to 5.26%, from 4.68%. The cost of average interest-bearing liabilities increased to 3.03%, from 1.74%, primarily due to higher cost of deposits. The total cost of deposits increased to 2.31%, from 0.88%. Average interest-bearing liabilities increased by $636.4 million, primarily due to an increase in total deposits, partly offset by a decrease in Federal Home Loan Bank advances, which reflect a .Chairman and Chief Executive Officer, Christopher D. Maher, commented on the Company's results, "We are pleased to report on our first quarter results, which reflected a stable net interest margin, prudent balance sheet management, and expense discipline. Additionally, we continued to build capital while also resuming share repurchases during the quarter." Mr. Maher added, "The Company is well positioned to bolster shareholder value through a variety of different economic and industry outlooks."

User Image Stock_Titan Posted - 7 months ago

$OCFC OceanFirst Financial Corp. Announces First Quarter Financial Results https://www.stocktitan.net/news/OCFC/ocean-first-financial-corp-announces-first-quarter-financial-128w84l134z2.html

User Image QuiverQuant Posted - 7 months ago

CONGRESSIONAL TRADING: Representative Josh Gottheimer disclosed a sale of $1,001 - $15,000 of $OCFC on 2024-04-07.

User Image Stock_Titan Posted - 8 months ago

$OCFC OceanFirst Financial Corp. Schedules Earnings Conference Call https://www.stocktitan.net/news/OCFC/ocean-first-financial-corp-schedules-earnings-conference-u867t47xuj4t.html

User Image insiderbuyingselling Posted - 8 months ago

$OCFC new insider selling: 1980 shares. http://insiderbuyingselling.com/?t=OCFC

User Image Stock_Titan Posted - 02/28/24

$OCFC OceanFirst Financial Corp. to Present at the Raymond James & Associates’ 45th Annual Institutional Investors Conference on March 4-6, 2024 https://www.stocktitan.net/news/OCFC/ocean-first-financial-corp-to-present-at-the-raymond-james-4w102ua0rtk0.html

User Image StockInvest_us Posted - 9 months ago

Signal alert: $OCFC - Oversold Trend Short (Undervalued) https://stockinvest.us/l/uIv1MsTHtK

User Image TickerDD_com Posted - 9 months ago

From 2/1/2024, looking back across 22 Month-Ends for OCFC, Percentage Change of Average Monthly Price had More Negatives (59%) while Percentage Change of Average Monthly Volume had All Positives (100%) $OCFC #OCFC #OCFCStock #TickerDD #OCFCPrice https://www.youtube.com/watch?v=ZU96m1yyl5U

User Image Last10K Posted - 01/26/24

$OCFC just filed with the SEC a Regulated Disclosure and a Financial Exhibit https://last10k.com/sec-filings/OCFC/0001004702-24-000006.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=OCFC

Analyst Ratings
Keefe, Bruyette & Woods Market Perform May 31, 24
Raymond James Outperform Apr 22, 24
Keefe, Bruyette & Woods Outperform Apr 22, 24
Stephens & Co. Equal-Weight Apr 19, 24
Raymond James Outperform Jan 22, 24
Raymond James Outperform Jan 5, 24
Piper Sandler Neutral Oct 23, 23
DA Davidson Neutral Sep 18, 23
Stephens & Co. Equal-Weight Jul 21, 23
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Barros John F Director Director Dec 07 Buy 15.38 462 7,106 462 12/11/23
Garrett Robert C Director Director Dec 05 Buy 15.04 70 1,053 70 12/07/23
GIORDANO ANTHONY III Other Other Oct 26 Buy 12.7484 2,345 29,895 22,459 10/30/23
Maher Christopher Chairman and CEO Chairman and CEO Jun 14 Option 14.55 4,500 65,475 271,144 06/16/23
Maher Christopher Chairman and CEO Chairman and CEO May 12 Buy 13.1 2,000 26,200 5,000 05/16/23
Maher Christopher Chairman and CEO Chairman and CEO May 09 Buy 13.34 1,000 13,340 1,000 05/11/23
Murphy Joseph M. Jr. Director Director Apr 27 Buy 15.45 6,473 100,008 175,563 04/28/23
Maher Christopher Chairman and CEO Chairman and CEO Apr 27 Buy 15.263 1,000 15,263 266,644 04/28/23
Barrett Patrick Sean Executive Vice Presi.. Executive Vice President & CFO Apr 25 Buy 15.86 1,000 15,860 53,128 04/26/23
Lebel Joseph III President and COO President and COO Mar 15 Buy 21.99 1,000 21,990 3,000 03/16/23
Murphy Joseph M. Jr. Director Director Mar 13 Buy 21.93 3,643 79,891 3,643 03/15/23
Tsimbinos Steven James Executive VP/Corp. S.. Executive VP/Corp. Secretary Mar 13 Buy 22.12 2,000 44,240 3,000 03/15/23
Lebel Joseph III President and COO President and COO Mar 13 Buy 21.99 1,000 21,990 3,000 03/15/23
Tsimbinos Steven James Executive VP/Corp. S.. Executive VP/Corp. Secretary Feb 06 Option 14.62 11,250 164,475 135,962 02/07/23
Devlin Michael D Director Director Aug 02 Sell 20.61 60,000 1,236,600 52,114 08/03/22
Barrett Patrick Sean Executive Vice Presi.. Executive Vice President & CFO Jun 24 Buy 18.91 10,500 198,555 20,508 06/28/22
Katsoulis Nicos Director Director May 13 Buy 18.99 2,000 37,980 20,086 05/13/22
Turner Patricia Lynne Director Director May 12 Buy 18.38 300 5,514 4,836 05/13/22
Katsoulis Nicos Director Director Mar 10 Buy 21.40 2,000 42,800 18,086 03/10/22
ESTEP MICHELE B - - Mar 07 Sell 22.17 3,790 84,024 105,893 03/09/22
GIORDANO ANTHONY III - - Mar 07 Sell 22.17 1,767 39,174 21,805 03/09/22
Ho Angela K SVP/Principal Accoun.. SVP/Principal Accounting Off. Mar 07 Sell 22.17 742 16,450 10,801 03/09/22
Lebel Joseph III President and COO President and COO Mar 07 Sell 22.17 5,325 118,055 178,931 03/09/22
Sridharan Karthik - - Mar 07 Sell 22.17 3,234 71,698 80,939 03/09/22
Maher Christopher Chairman and CEO Chairman and CEO Mar 07 Sell 22.17 22,025 488,294 234,009 03/09/22
ESTEP MICHELE B - - Feb 17 Option 15.34 1,771 27,167 84,832 02/18/22
CATANIA ANGELO Director Director Feb 11 Option 13.83 3,500 48,405 38,587 02/15/22
Tsimbinos Steven James Executive VP/Corp. S.. Executive VP/Corp. Secretary Feb 11 Option 13.83 10,125 140,029 106,061 02/15/22
FITZPATRICK MICHAEL J Executive Vice Presi.. Executive Vice President & CFO Feb 07 Option 13.83 30,000 414,900 187,261 02/09/22
WALSH JOHN E Director Director Jan 18 Option 13.83 3,500 48,405 44,260 01/19/22
Devlin Michael D Director Director Feb 11 Sell 20.01 38,662 773,627 02/11/21