OceanFirst Financial Corp. (OCFC): Price and Financial Metrics


OceanFirst Financial Corp. (OCFC): $23.33

-0.02 (-0.09%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

OCFC POWR Grades

  • OCFC scores best on the Growth dimension, with a Growth rank ahead of 92.04% of US stocks.
  • The strongest trend for OCFC is in Growth, which has been heading up over the past 177 days.
  • OCFC's current lowest rank is in the Quality metric (where it is better than 19.34% of US stocks).

OCFC Stock Summary

  • OCFC's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 86.93% of US stocks.
  • With a year-over-year growth in debt of 110.67%, OCEANFIRST FINANCIAL CORP's debt growth rate surpasses 88.87% of about US stocks.
  • Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for OCFC comes in at -27.08% -- higher than that of merely 15.97% of stocks in our set.
  • Stocks that are quantitatively similar to OCFC, based on their financial statements, market capitalization, and price volatility, are FBK, BY, FFBC, BFC, and IBTX.
  • Visit OCFC's SEC page to see the company's official filings. To visit the company's web site, go to www.oceanfirst.com.

OCFC Valuation Summary

  • In comparison to the median Financial Services stock, OCFC's price/earnings ratio is 7.89% higher, now standing at 12.3.
  • Over the past 243 months, OCFC's price/sales ratio has gone down 1.

Below are key valuation metrics over time for OCFC.

Stock Date P/S P/B P/E EV/EBIT
OCFC 2023-01-23 3.5 0.9 12.3 13.6
OCFC 2023-01-20 3.4 0.9 11.8 13.3
OCFC 2023-01-19 3.2 0.8 11.0 12.7
OCFC 2023-01-18 3.2 0.8 11.1 12.7
OCFC 2023-01-17 3.3 0.8 11.6 13.1
OCFC 2023-01-13 3.4 0.8 11.7 13.2

OCFC Growth Metrics

    The year over year revenue growth rate now stands at 7.7%.
  • Its year over year cash and equivalents growth rate is now at -82.03%.
  • The 3 year net income to common stockholders growth rate now stands at 13.05%.
Over the past 33 months, OCFC's revenue has gone up $93,480,000.

The table below shows OCFC's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-09-30 389.98 250.919 111.972
2022-06-30 370.075 147.466 97.528
2022-03-31 365.27 180.743 99.122
2021-12-31 369.101 159.972 106.06
2021-09-30 391.931 124.17 116.467
2021-06-30 350.99 190.201 87.285

OCFC's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • OCFC has a Quality Grade of C, ranking ahead of 39.68% of graded US stocks.
  • OCFC's asset turnover comes in at 0.034 -- ranking 305th of 428 Banking stocks.
  • WSBC, PNFP, and EVBN are the stocks whose asset turnover ratios are most correlated with OCFC.

The table below shows OCFC's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.034 1 0.015
2021-06-30 0.030 1 0.012
2021-03-31 0.029 1 0.010
2020-12-31 0.029 1 0.008
2020-09-30 0.028 1 0.006
2020-06-30 0.033 1 0.011

OCFC Price Target

For more insight on analysts targets of OCFC, see our OCFC price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $26.28 Average Broker Recommendation 1.33 (Strong Buy)

OCFC Stock Price Chart Interactive Chart >

Price chart for OCFC

OCFC Price/Volume Stats

Current price $23.33 52-week high $24.02
Prev. close $23.35 52-week low $18.24
Day low $23.26 Volume 209,200
Day high $23.67 Avg. volume 218,694
50-day MA $22.24 Dividend yield 3.43%
200-day MA $20.53 Market Cap 1.38B

OceanFirst Financial Corp. (OCFC) Company Bio


OceanFirst Financial Corporation provides a range of community banking services to retail, government, and business customers in New Jersey. The company was founded in 1902 and is based in Toms River, New Jersey.


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Latest OCFC News From Around the Web

Below are the latest news stories about OCEANFIRST FINANCIAL CORP that investors may wish to consider to help them evaluate OCFC as an investment opportunity.

OceanFirst Financial Corp. (NASDAQ:OCFC) Q4 2022 Earnings Call Transcript

OceanFirst Financial Corp. (NASDAQ:OCFC) Q4 2022 Earnings Call Transcript January 20, 2023 Operator: Hello everyone, and welcome to the OceanFirst Financial Corp. Earnings Conference Call. My name is Daisy, and I will be coordinating your call today. I would now like to hand over to your host, Jill Hewitt, Investor Relations Officer to begin. So […]

Yahoo | January 22, 2023

OceanFirst Financial (OCFC) Q4 Earnings and Revenues Beat Estimates

OceanFirst (OCFC) delivered earnings and revenue surprises of 6.35% and 21.03%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | January 19, 2023

OceanFirst Financial Corp. Announces Record Quarterly and Annual Earnings and Financial Results

RED BANK, N.J., Jan. 19, 2023 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:“OCFC”) (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), announced net income available to common stockholders of $52.3 million, or $0.89 per diluted share, for the quarter ended December 31, 2022, as compared to $37.6 million, or $0.64 per diluted share, for the prior linked quarter, and $21.7 million, or $0.37 per diluted share, for the corresponding prior year period. For the year e

Yahoo | January 19, 2023

OceanFirst Financial (OCFC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

OceanFirst (OCFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Yahoo | January 12, 2023

OceanFirst Financial: Trading At 1.25x TBV, Offers A 3.8% Yield

OceanFirst is a NJ-based bank with exposure to NJ, NY, and PA commercial real estate. Click here to read our analysis of OCFC stock.

Seeking Alpha | December 29, 2022

Read More 'OCFC' Stories Here

OCFC Price Returns

1-mo 9.79%
3-mo 4.25%
6-mo 15.95%
1-year 6.73%
3-year 9.71%
5-year 2.42%
YTD 9.79%
2022 -0.85%
2021 23.13%
2020 -24.11%
2019 16.70%
2018 -12.24%

OCFC Dividends

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