Oceanfirst Financial Corp Stock Today

OCFC Stock  USD 17.68  0.14  0.80%   

Performance

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Strong

Odds Of Distress

Low

 
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Low
OceanFirst Financial is trading at 17.68 as of the 26th of February 2025, a 0.80% increase since the beginning of the trading day. The stock's open price was 17.54. OceanFirst Financial has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 9th of March 2023 and ending today, the 26th of February 2025. Click here to learn more.
Business Domain
Banks
IPO Date
3rd of July 1996
Category
Financial Services
Classification
Financials
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. The company has 58.55 M outstanding shares of which 598.22 K shares are now shorted by private and institutional investors with about 1.79 trading days to cover. More on OceanFirst Financial Corp

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Follow Valuation Options Odds of Bankruptcy
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OceanFirst Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOChristopher Maher
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NASDAQ Composite, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Debt Levels
OceanFirst Financial can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand OceanFirst Financial's financial leverage. It provides some insight into what part of OceanFirst Financial's total assets is financed by creditors.
Liquidity
OceanFirst Financial Corp currently holds 1.14 B in liabilities with Debt to Equity (D/E) ratio of 9.88, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about OceanFirst Financial's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

140.74 Million
OceanFirst Financial Corp (OCFC) is traded on NASDAQ Exchange in USA. It is located in 110 West Front Street, Red Bank, NJ, United States, 07701 and employs 16 people. OceanFirst Financial is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.04 B. OceanFirst Financial Corp conducts business under Banks sector and is part of Financials industry. The entity has 58.55 M outstanding shares of which 598.22 K shares are now shorted by private and institutional investors with about 1.79 trading days to cover. OceanFirst Financial Corp currently holds about 170.67 M in cash with 124.26 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.89.
Check OceanFirst Financial Probability Of Bankruptcy
Ownership Allocation
OceanFirst Financial owns a total of 58.55 Million outstanding shares. The majority of OceanFirst Financial Corp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in OceanFirst Financial Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in OceanFirst Financial. Please pay attention to any change in the institutional holdings of OceanFirst Financial Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check OceanFirst Ownership Details

OceanFirst Stock Institutional Holders

InstituionRecorded OnShares
Nuveen Asset Management, Llc2024-09-30
873.8 K
Hotchkis & Wiley Capital Management Llc2024-12-31
770.6 K
Royce & Associates, Lp2024-12-31
763.8 K
Aqr Capital Management Llc2024-12-31
754.5 K
Charles Schwab Investment Management Inc2024-12-31
734 K
Boston Partners Global Investors, Inc2024-12-31
733.2 K
Ameriprise Financial Inc2024-12-31
700.2 K
Mesirow Institutional Investment Management, Inc.2024-12-31
697.8 K
Endeavour Capital Advisors Inc2024-12-31
652.2 K
Blackrock Inc2024-12-31
8.1 M
Vanguard Group Inc2024-12-31
3.5 M
View OceanFirst Financial Diagnostics

OceanFirst Financial Historical Income Statement

At present, OceanFirst Financial's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 177.5 M, whereas EBIT is projected to grow to (38.2 M). View More Fundamentals

OceanFirst Stock Against Markets

OceanFirst Financial Corporate Management

When determining whether OceanFirst Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OceanFirst Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oceanfirst Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oceanfirst Financial Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OceanFirst Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OceanFirst Financial. If investors know OceanFirst will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OceanFirst Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Dividend Share
0.8
Earnings Share
1.65
Revenue Per Share
6.437
Quarterly Revenue Growth
(0.05)
The market value of OceanFirst Financial Corp is measured differently than its book value, which is the value of OceanFirst that is recorded on the company's balance sheet. Investors also form their own opinion of OceanFirst Financial's value that differs from its market value or its book value, called intrinsic value, which is OceanFirst Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OceanFirst Financial's market value can be influenced by many factors that don't directly affect OceanFirst Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OceanFirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if OceanFirst Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OceanFirst Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.