Oceanfirst Financial Corp Stock Analysis
| OCFC Stock | USD 20.88 0.74 3.67% |
OceanFirst Financial Corp is overvalued with Real Value of 19.39 and Target Price of 18.83. The main objective of OceanFirst Financial stock analysis is to determine its intrinsic value, which is an estimate of what OceanFirst Financial Corp is worth, separate from its market price. There are two main types of OceanFirst Financial's stock analysis: fundamental analysis and technical analysis.
The OceanFirst Financial stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and OceanFirst Financial's ongoing operational relationships across important fundamental and technical indicators.
OceanFirst |
OceanFirst Stock Analysis Notes
About 74.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.72. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. OceanFirst Financial Corp has Price/Earnings To Growth (PEG) ratio of 1.84. The entity last dividend was issued on the 4th of November 2024. The firm had 3:2 split on the 20th of May 2002. OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. The company was founded in 1902 and is based in Red Bank, New Jersey. OceanFirst Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 894 people. To find out more about OceanFirst Financial Corp contact Christopher Maher at 732 240 4500 or learn more at https://www.oceanfirst.com.OceanFirst Financial Quarterly Total Revenue |
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OceanFirst Financial Corp Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. OceanFirst Financial's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding OceanFirst Financial Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| 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 |
OceanFirst Financial Corp Upcoming and Recent Events
Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to OceanFirst Financial previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 18th of April 2024 Upcoming Quarterly Report | View | |
| 18th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 16th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
OceanFirst Largest EPS Surprises
Earnings surprises can significantly impact OceanFirst Financial's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2016-07-28 | 2016-06-30 | 0.14 | 0.16 | 0.02 | 14 | ||
1999-07-22 | 1999-06-30 | 0.19 | 0.21 | 0.02 | 10 | ||
2013-04-18 | 2013-03-31 | 0.29 | 0.26 | -0.03 | 10 |
OceanFirst Financial Environmental, Social, and Governance (ESG) Scores
OceanFirst Financial's ESG score is a quantitative measure that evaluates OceanFirst Financial's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of OceanFirst Financial's operations that may have significant financial implications and affect OceanFirst Financial's stock price as well as guide investors towards more socially responsible investments.
OceanFirst Stock Institutional Investors
| Shares | Systematic Financial Management Lp | 2024-09-30 | 917.1 K | Aqr Capital Management Llc | 2024-06-30 | 807.3 K | Endeavour Capital Advisors Inc | 2024-09-30 | 800.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 768.6 K | Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 750.8 K | Royce & Associates, Lp | 2024-09-30 | 733.4 K | Boston Partners Global Investors, Inc | 2024-09-30 | 712.9 K | Ameriprise Financial Inc | 2024-06-30 | 678.6 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 628 K | Blackrock Inc | 2024-06-30 | 8.3 M | Vanguard Group Inc | 2024-09-30 | 3.5 M |
OceanFirst Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.22 B.OceanFirst Profitablity
The company has Profit Margin (PM) of 0.28 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.39 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.39.| Last Reported | Projected for Next Year | ||
| 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 |
Management Efficiency
At present, OceanFirst Financial's Return On Equity is projected to slightly decrease based on the last few years of reporting. At present, OceanFirst Financial's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 10.2 M, whereas Non Currrent Assets Other are projected to grow to (800.6 M). OceanFirst Financial's management efficiency ratios could be used to measure how well OceanFirst Financial manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 28.19 | 26.78 | |
| Tangible Book Value Per Share | 19.45 | 18.47 | |
| Enterprise Value Over EBITDA | 10.64 | 11.17 | |
| Price Book Value Ratio | 0.62 | 0.59 | |
| Enterprise Value Multiple | 10.64 | 11.17 | |
| Price Fair Value | 0.62 | 0.59 | |
| Enterprise Value | 175.2 M | 155.8 M |
The strategic decisions made by OceanFirst Financial management significantly impact its financial stability and market performance. Evaluating these factors helps determine whether the stock is a worthwhile investment.
Dividend Yield 0.0383 | Operating Margin 0.3915 | Profit Margin 0.2778 | Forward Dividend Yield 0.0383 | Beta 0.997 |
Technical Drivers
As of the 25th of November, OceanFirst Financial holds the Coefficient Of Variation of 740.99, semi deviation of 1.69, and Risk Adjusted Performance of 0.1109. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of OceanFirst Financial, as well as the relationship between them.OceanFirst Financial Corp Price Movement Analysis
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. OceanFirst Financial middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for OceanFirst Financial Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
OceanFirst Financial Corp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific OceanFirst Financial insiders, such as employees or executives, is commonly permitted as long as it does not rely on OceanFirst Financial's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases OceanFirst Financial insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
OceanFirst Financial Outstanding Bonds
OceanFirst Financial issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. OceanFirst Financial Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most OceanFirst bonds can be classified according to their maturity, which is the date when OceanFirst Financial Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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OceanFirst Financial Predictive Daily Indicators
OceanFirst Financial intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of OceanFirst Financial stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
OceanFirst Financial Corporate Filings
F4 | 13th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 31st of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
ASR | 18th of October 2024 Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC) | ViewVerify |
8K | 17th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 18th of September 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 3rd of September 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 1st of August 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
OceanFirst Financial Forecast Models
OceanFirst Financial's time-series forecasting models are one of many OceanFirst Financial's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary OceanFirst Financial's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About OceanFirst Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how OceanFirst Financial prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling OceanFirst shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as OceanFirst Financial. By using and applying OceanFirst Stock analysis, traders can create a robust methodology for identifying OceanFirst entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.35 | 0.56 | |
| Operating Profit Margin | 0.35 | 0.34 | |
| Net Profit Margin | 0.27 | 0.37 | |
| Gross Profit Margin | 1.66 | 1.74 |
Current OceanFirst Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. OceanFirst analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. OceanFirst analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 18.83 | Buy | 7 | Odds |
Most OceanFirst analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand OceanFirst stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of OceanFirst Financial Corp, talking to its executives and customers, or listening to OceanFirst conference calls.
OceanFirst Stock Analysis Indicators
OceanFirst Financial Corp stock analysis indicators help investors evaluate how OceanFirst Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading OceanFirst Financial shares will generate the highest return on investment. By understating and applying OceanFirst Financial stock analysis, traders can identify OceanFirst Financial position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 168 M | |
| Long Term Debt | 972.8 M | |
| Common Stock Shares Outstanding | 59 M | |
| Total Stockholder Equity | 1.7 B | |
| Tax Provision | 41.5 M | |
| Quarterly Earnings Growth Y O Y | 0.258 | |
| Property Plant And Equipment Net | 140.4 M | |
| Cash And Short Term Investments | 153.7 M | |
| Cash | 153.7 M | |
| Net Debt | 984.5 M | |
| 50 Day M A | 18.7612 | |
| Total Current Liabilities | 5.3 B | |
| Other Operating Expenses | 503 M | |
| Non Current Assets Total | 13.3 B | |
| Forward Price Earnings | 11.6009 | |
| Non Currrent Assets Other | -842.7 M | |
| Stock Based Compensation | 7.9 M |
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.
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