$OCFC

OCEANFIRST FINANCIAL CORP

No enriched coverage for $OCFC in the last 7 days.

No SEC Form 4 filings for $OCFC in the last 30 days.

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Is OceanFirst Financial (OCFC) Still Attractive After Recent Share Price Gains?

This article analyzes OceanFirst Financial (OCFC) to determine if its current share price of US$19.02 offers good value, given recent gains. Using Excess Returns Analysis and Price vs. Earnings, Simply Wall St suggests that OCFC appears undervalued, with the stock trading at a 32.6% discount according to the Excess Returns model and below its Fair Ratio on a P/E basis. The article also introduces the concept of "Narratives" for investors to develop personalized valuation models.

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.

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.