Oceanfirst Financial Corp Stock Performance
| OCFC Stock | USD 20.88 0.74 3.67% |
On a scale of 0 to 100, OceanFirst Financial holds a performance score of 9. The company holds a Beta of 2.82, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, OceanFirst Financial will likely underperform. Please check OceanFirst Financial's value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to make a quick decision on whether OceanFirst Financial's historical price patterns will revert.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in OceanFirst Financial Corp are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather inconsistent technical and fundamental indicators, OceanFirst Financial exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 3.67 | Five Day Return 2.15 | Year To Date Return 18.97 | Ten Year Return 24.51 | All Time Return 194.92 |
Forward Dividend Yield 0.0383 | Payout Ratio 0.479 | Last Split Factor 3:2 | Forward Dividend Rate 0.8 | Dividend Date 2024-11-15 |
1 | Disposition of 13022 shares by Christopher Maher of OceanFirst Financial at 23.14 subject to Rule 16b-3 | 09/20/2024 |
2 | Trading Signals - Stock Traders Daily | 09/26/2024 |
3 | Acquisition by Walsh John E of 3354 shares of OceanFirst Financial subject to Rule 16b-3 | 10/15/2024 |
4 | OceanFirst Financial GAAP EPS of 0.42 beats by 0.03, revenue of 96.90M beats by 3.96M | 10/17/2024 |
5 | OceanFirst Financial declares 0.20 dividend | 10/18/2024 |
6 | OceanFirst Financial Corp Shares Down 3.56 percent on Oct 21 | 10/21/2024 |
7 | OceanFirst Financial Hits New 52-Week High Heres Why | 11/08/2024 |
8 | Disposition of 1500 shares by Murphy Joseph M. Jr. of OceanFirst Financial at 20.03 subject to Rule 16b-3 | 11/11/2024 |
9 | OceanFirst financial director Joseph Murphy sells 30,045 in stock | 11/13/2024 |
| OceanFirst Financial dividend paid on 15th of November 2024 | 11/15/2024 |
10 | OceanFirst Financial Corp Trading 3.82 percent Higher on Nov 22 | 11/22/2024 |
| Begin Period Cash Flow | 168 M |
OceanFirst |
OceanFirst Financial Relative Risk vs. Return Landscape
If you would invest 1,725 in OceanFirst Financial Corp on August 27, 2024 and sell it today you would earn a total of 363.00 from holding OceanFirst Financial Corp or generate 21.04% return on investment over 90 days. OceanFirst Financial Corp is currently generating 0.3385% in daily expected returns and assumes 2.9166% risk (volatility on return distribution) over the 90 days horizon. In different words, 25% of stocks are less volatile than OceanFirst, and 94% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
OceanFirst Financial Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for OceanFirst Financial's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as OceanFirst Financial Corp, and traders can use it to determine the average amount a OceanFirst Financial's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.116
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | OCFC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.92 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average OceanFirst Financial is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of OceanFirst Financial by adding it to a well-diversified portfolio.
OceanFirst Financial Fundamentals Growth
OceanFirst Stock prices reflect investors' perceptions of the future prospects and financial health of OceanFirst Financial, and OceanFirst Financial fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on OceanFirst Stock performance.
| Return On Equity | 0.0636 | ||||
| Return On Asset | 0.0079 | ||||
| Profit Margin | 0.28 % | ||||
| Operating Margin | 0.39 % | ||||
| Current Valuation | 2.42 B | ||||
| Shares Outstanding | 58.46 M | ||||
| Price To Earning | 18.35 X | ||||
| Price To Book | 0.72 X | ||||
| Price To Sales | 3.20 X | ||||
| Revenue | 385.68 M | ||||
| Gross Profit | 428.8 M | ||||
| EBITDA | (19.29 M) | ||||
| Net Income | 104.03 M | ||||
| Cash And Equivalents | 170.67 M | ||||
| Cash Per Share | 2.89 X | ||||
| Total Debt | 1.14 B | ||||
| Debt To Equity | 9.88 % | ||||
| Book Value Per Share | 29.10 X | ||||
| Cash Flow From Operations | 124.26 M | ||||
| Earnings Per Share | 1.75 X | ||||
| Market Capitalization | 1.22 B | ||||
| Total Asset | 13.54 B | ||||
| Retained Earnings | 592.54 M | ||||
About OceanFirst Financial Performance
By analyzing OceanFirst Financial's fundamental ratios, stakeholders can gain valuable insights into OceanFirst Financial's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if OceanFirst Financial has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if OceanFirst Financial has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | -1.6 K | -1.7 K | |
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.02 | 0.03 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.06 | 0.09 |
Things to note about OceanFirst Financial Corp performance evaluation
Checking the ongoing alerts about OceanFirst Financial for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for OceanFirst Financial Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| OceanFirst Financial has a poor financial position based on the latest SEC disclosures | |
| About 74.0% of the company shares are owned by institutional investors | |
| On 15th of November 2024 OceanFirst Financial paid $ 0.2 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: OceanFirst Financial Corp Trading 3.82 percent Higher on Nov 22 |
- Analyzing OceanFirst Financial's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether OceanFirst Financial's stock is overvalued or undervalued compared to its peers.
- Examining OceanFirst Financial's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating OceanFirst Financial's management team can have a significant impact on its success or failure. Reviewing the track record and experience of OceanFirst Financial's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of OceanFirst Financial's stock. These opinions can provide insight into OceanFirst Financial's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for OceanFirst Stock analysis
When running OceanFirst Financial's price analysis, check to measure OceanFirst Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OceanFirst Financial is operating at the current time. Most of OceanFirst Financial's value examination focuses on studying past and present price action to predict the probability of OceanFirst Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OceanFirst Financial's price. Additionally, you may evaluate how the addition of OceanFirst Financial to your portfolios can decrease your overall portfolio volatility.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |