Our top pick for
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
OceanFirst Financial Corp is a banks-regional business based in the US. OceanFirst Financial shares (OCFC) are listed on the NASDAQ and all prices are listed in US Dollars.
|Latest market close||USD$20.33|
|52-week range||USD$11.2329 - USD$24.0479|
|50-day moving average||USD$18.2745|
|200-day moving average||USD$16.3048|
|Wall St. target price||USD$21.67|
|Dividend yield||USD$0.68 (3.36%)|
|Earnings per share (TTM)||USD$0.916|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-08)||2.52%|
|1 month (2020-12-15)||13.26%|
|3 months (2020-10-15)||34.55%|
|6 months (2020-07-15)||19.80%|
|1 year (2020-01-15)||-18.78%|
|2 years (2019-01-15)||-10.36%|
|3 years (2018-01-12)||28.09|
|5 years (2016-01-15)||12.26%|
Valuing OceanFirst Financial stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of OceanFirst Financial's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
OceanFirst Financial's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 22x. In other words, OceanFirst Financial shares trade at around 22x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
OceanFirst Financial's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.84. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into OceanFirst Financial's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Revenue TTM||USD$287.3 million|
|Operating margin TTM||33.49%|
|Gross profit TTM||USD$296.5 million|
|Return on assets TTM||0.54%|
|Return on equity TTM||4.12%|
|Market capitalisation||USD$1.2 billion|
TTM: trailing 12 months
There are currently 636,543 OceanFirst Financial shares held short by investors – that's known as OceanFirst Financial's "short interest". This figure is 2.2% up from 622,671 last month.
There are a few different ways that this level of interest in shorting OceanFirst Financial shares can be evaluated.
OceanFirst Financial's "short interest ratio" (SIR) is the quantity of OceanFirst Financial shares currently shorted divided by the average quantity of OceanFirst Financial shares traded daily (recently around 210080.1980198). OceanFirst Financial's SIR currently stands at 3.03. In other words for every 100,000 OceanFirst Financial shares traded daily on the market, roughly 3030 shares are currently held short.
However OceanFirst Financial's short interest can also be evaluated against the total number of OceanFirst Financial shares, or, against the total number of tradable OceanFirst Financial shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case OceanFirst Financial's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 OceanFirst Financial shares in existence, roughly 10 shares are currently held short) or 0.0138% of the tradable shares (for every 100,000 tradable OceanFirst Financial shares, roughly 14 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against OceanFirst Financial.
Find out more about how you can short OceanFirst Financial stock.
Dividend payout ratio: 54.94% of net profits
Recently OceanFirst Financial has paid out, on average, around 54.94% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.36% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), OceanFirst Financial shareholders could enjoy a 3.36% return on their shares, in the form of dividend payments. In OceanFirst Financial's case, that would currently equate to about $0.68 per share.
OceanFirst Financial's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
OceanFirst Financial's most recent dividend payout was on 20 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 6 November 2020 (the "ex-dividend date").
OceanFirst Financial's shares were split on a 3:2 basis on 20 May 2002. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your OceanFirst Financial shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for OceanFirst Financial shares which in turn could have impacted OceanFirst Financial's share price.
Over the last 12 months, OceanFirst Financial's shares have ranged in value from as little as $11.2329 up to $24.0479. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while OceanFirst Financial's is 0.9758. This would suggest that OceanFirst Financial's shares are less volatile than average (for this exchange).
OceanFirst Financial Corp. operates as the holding company for OceanFirst Bank N.A. that provides community banking services. The company accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. It also offers commercial real estate, multi-family mortgage, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; 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; and commercial and industrial loans, and lines of credit. In addition, the company invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, it offers bankcard, wealth management, and trust and asset management services; and sells alternative investment products and life insurance products. As of December 31, 2019 the company operated through its branch office in Toms River; administrative/branch office located in Red Bank; 54 additional branch offices and five deposit production facilities located throughout central and southern New Jersey; and commercial loan production offices in New York City, the Philadelphia area, as well as Atlantic, Cape May, and Mercer Counties in New Jersey. OceanFirst Financial Corp. was founded in 1902 and is based in Red Bank, New Jersey.
Everything we know about the CDT Environmental Technology Investment Holdings Limited IPO, plus information on how to buy in.
Everything we know about the Viant Technology Inc IPO, plus information on how to buy in.
Steps to owning and managing EVGN, with 24-hour and historical pricing before you buy.
Steps to owning and managing ETL, with 24-hour and historical pricing before you buy.
Steps to owning and managing EQBK, with 24-hour and historical pricing before you buy.
Steps to owning and managing EIGI, with 24-hour and historical pricing before you buy.
Steps to owning and managing ELTK, with 24-hour and historical pricing before you buy.
Steps to owning and managing DNKN, with 24-hour and historical pricing before you buy.
Steps to owning and managing DKL, with 24-hour and historical pricing before you buy.
Steps to owning and managing DMAC, with 24-hour and historical pricing before you buy.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.