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How to buy OceanFirst Financial stock

Learn how to easily invest in OceanFirst Financial stock.

OceanFirst Financial 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. OceanFirst Financial employs 915 staff and has a trailing 12-month revenue of around $438.2 million.

How to buy OceanFirst Financial stock

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  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – OCFC. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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OceanFirst Financial stock price (NASDAQ: OCFC)

Use our graph to track the performance of OCFC stocks over time.

OceanFirst Financial shares at a glance

Information last updated 2023-09-20.
Latest market close$14.78
52-week range$12.66 - $24.30
50-day moving average $17.30
200-day moving average $18.72
Wall St. target price$20.00
PE ratio 6.1434
Dividend yield $0.8 (5.33%)
Earnings per share (TTM) $2.44

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Is it a good time to buy OceanFirst Financial stock?

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.

OceanFirst Financial price performance over time

Historical closes compared with the close of $14.78 from 2023-09-21

1 week (2023-09-15) -7.63%
1 month (2023-08-22) -11.28%
3 months (2023-06-22) -4.27%
6 months (2023-03-23) -19.72%
1 year (2022-09-23) -24.28%
2 years (2021-09-23) -27.55%
3 years (2020-09-23) 18.07%
5 years (2018-09-21) 25.0481

Is OceanFirst Financial stock undervalued or overvalued?

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 P/E ratio

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 6x. In other words, OceanFirst Financial shares trade at around 6x 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 PEG ratio

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.

OceanFirst Financial financials

Revenue TTM $438.2 million
Operating margin TTM 47.44%
Gross profit TTM $428.8 million
Return on assets TTM 1.14%
Return on equity TTM 9.4%
Profit margin 33.68%
Book value $27.36
Market Capitalization $890.7 million

TTM: trailing 12 months

OceanFirst Financial share dividends

35%

Dividend payout ratio: 35.09% of net profits

Recently OceanFirst Financial has paid out, on average, around 35.09% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.33% 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 5.33% return on their shares, in the form of dividend payments. In OceanFirst Financial's case, that would currently equate to about $0.8 per share.

While OceanFirst Financial's payout ratio might seem fairly standard, it's worth remembering that OceanFirst Financial may be investing much of the rest of its net profits in future growth.

OceanFirst Financial's most recent dividend payout was on 17 August 2023. The latest dividend was paid out to all shareholders who bought their shares by 3 August 2023 (the "ex-dividend date").

Have OceanFirst Financial's shares ever split?

OceanFirst Financial's shares were split on a 3:2 basis on 19 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.

OceanFirst Financial share price volatility

Over the last 12 months, OceanFirst Financial's shares have ranged in value from as little as $12.6605 up to $24.2978. A popular way to gauge a stock's volatility is its "beta".

OCFC.US volatility(beta: 0.94)Avg. volatility(beta: 1.00)LowHigh

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 0.9388. This would suggest that OceanFirst Financial's shares are less volatile than average (for this exchange).

OceanFirst Financial overview

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N. A. that provides community banking services. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, 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.

Frequently asked questions

What percentage of OceanFirst Financial is owned by insiders or institutions?
Currently 2.549% of OceanFirst Financial shares are held by insiders and 71.004% by institutions.
How many people work for OceanFirst Financial?
Latest data suggests 915 work at OceanFirst Financial.
When does the fiscal year end for OceanFirst Financial?
OceanFirst Financial's fiscal year ends in December.
Where is OceanFirst Financial based?
OceanFirst Financial's address is: 110 West Front Street, Red Bank, NJ, United States, 07701
What is OceanFirst Financial's ISIN number?
OceanFirst Financial's international securities identification number is: US6752341080
What is OceanFirst Financial's CUSIP number?
OceanFirst Financial's Committee on Uniform Securities Identification Procedures number is: 674904107

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