APR 24·Simply Wall Street→
Interested In OceanFirst Financial's (NASDAQ:OCFC) Upcoming US$0.20 Dividend? You Have Two Days Left
OceanFirst Financial Corp. (NASDAQ:OCFC) is set to trade ex-dividend in two days, with an upcoming dividend of US$0.20 per share. The company has a trailing dividend yield of 4.2% and pays out 68% of its profits, indicating an acceptable and sustainable payout level. Earnings per share have shown a modest growth of 2.7% per annum over the last five years, with dividends also rising alongside earnings.
APR 18·MarketBeat→
OceanFirst Financial Corp. (NASDAQ:OCFC) Given Consensus Recommendation of "Hold" by Brokerages
OceanFirst Financial Corp. (NASDAQ:OCFC) has received a consensus "Hold" rating from brokerages, with four analysts recommending "Hold" and one recommending "Buy," and an average 12-month price target of $21.33. The company recently beat Q4 earnings estimates with an EPS of $0.41 and revenue of $104.69 million, and declared a quarterly dividend of $0.20 per share. Several institutional investors have adjusted their holdings in OCFC, with 70.98% of the stock currently owned by hedge funds and other institutional investors.