OCFC Stock Price, OceanFirst Financial Quote, Chart

Market Summary

USD15.95-0.11

Delayedas of 16 May 2024, 09:40 am

-0.68%

OCFC Stock Price

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OCFC RSI Chart

OCFC Valuation

Market Cap

942.9M

Price/Earnings (Trailing)

9

Price/Sales (Trailing)

1.5

EV/EBITDA

3.86

Price/Free Cashflow

6.75

OCFC Price/Sales (Trailing)

OCFC Profitability

EBT Margin

22.12%

Return on Equity

6.29%

Return on Assets

0.78%

Free Cashflow Yield

14.82%

OCFC Fundamentals

OCFC Revenue

Revenue (TTM)

630.5M

Rev. Growth (Yr)

16.23%

Rev. Growth (Qtr)

0.73%

OCFC Earnings

Earnings (TTM)

104.8M

Earnings Growth (Yr)

2.81%

Earnings Growth (Qtr)

3.56%

Breaking Down OCFC Revenue

52 Week Range

13.9019.58

(Low)(High)

Last 7 days

3.3%

Last 30 days

9.5%

Last 90 days

0.2%

Trailing 12 Months

21.8%

How does OCFC drawdown profile look like?

OCFC Financial Health

Debt/Equity

0.69

Debt/Cashflow

0.13

OCFC Investor Care

Dividend Yield

4.98%

Dividend/Share (TTM)

0.8

Buy Backs (1Y)

1.30%

Diluted EPS (TTM)

1.71

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	630.5M	0	0	0
2023	479.2M	529.9M	577.8M	608.0M
2022	348.2M	364.3M	389.4M	431.2M
2021	366.3M	353.7M	346.2M	342.1M
2020	330.6M	348.0M	364.1M	379.6M
2019	290.2M	298.6M	304.1M	308.8M
2018	205.7M	228.9M	252.2M	276.7M
2017	156.4M	170.1M	180.8M	188.8M
2016	88.8M	101.3M	116.7M	133.4M
2015	80.3M	81.0M	82.8M	85.9M
2014	79.9M	79.6M	79.7M	79.9M
2013	84.8M	82.9M	81.4M	80.2M
2012	94.0M	91.8M	89.8M	87.6M
2011	100.6M	99.0M	96.7M	95.4M
2010	0	97.7M	99.5M	101.4M
2009	0	0	0	95.9M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of OceanFirst Financial Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 02, 2024	schaeffer brian	sold	-54,215	15.49	-3,500	-
Mar 05, 2024	lebel joseph iii	sold	-126,845	14.93	-8,496	president and coo
Mar 05, 2024	ho angela k	sold	-10,186	14.87	-685	-
Mar 05, 2024	maher christopher	sold	-159,624	14.9	-10,713	chairman and ceo
Mar 05, 2024	schaeffer brian	sold	-25,925	14.84	-1,747	-
Mar 05, 2024	giordano anthony iii	sold	-29,323	14.81	-1,980	-
Mar 05, 2024	tsimbinos steven james	sold	-69,320	14.79	-4,687	executive vp/corp. secretary
Mar 05, 2024	estep michele b	sold	-102,593	14.94	-6,867	-
Mar 01, 2024	maher christopher	back to issuer	-	-	-15,021	chairman and ceo
Mar 01, 2024	lebel joseph iii	back to issuer	-	-	-9,923	president and coo

Which funds bought or sold OCFC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	reduced	-27.88	-2,498,470	5,350,990	0.11%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-65.12	-1,167,970	574,416	-%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	added	30.51	834,724	4,407,150	0.01%
May 15, 2024	ALGERT GLOBAL LLC	added	19.93	83,000	704,000	0.03%
May 15, 2024	Curi RMB Capital, LLC	unchanged	-	-71,250	1,230,750	0.03%
May 15, 2024	Centiva Capital, LP	new	-	240,768	240,768	0.01%
May 15, 2024	Walleye Capital LLC	reduced	-29.63	-473,507	940,621	-%
May 15, 2024	OCCUDO QUANTITATIVE STRATEGIES LP	sold off	-100	-543,924	-	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	added	33.32	4,725,920	22,885,500	-%
May 15, 2024	AQR CAPITAL MANAGEMENT LLC	reduced	-6.17	-1,357,380	10,645,000	0.02%

Are Funds Buying or Selling OCFC?

Are funds buying OCFC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own OCFC

No. of Funds

Unveiling OceanFirst Financial Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.67%	3,369,343	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	5.3%	3,152,468	SC 13G/A
Jan 23, 2024	blackrock inc.	14.3%	8,507,527	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	5.7%	3,383,579	SC 13G
Feb 09, 2023	vanguard group inc	5.40%	3,191,685	SC 13G
Jan 23, 2023	blackrock inc.	12.4%	7,343,546	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	4.7%	2,796,582	SC 13G/A
Feb 07, 2022	blackrock inc.	8.7%	5,145,964	SC 13G/A
Feb 12, 2021	dimensional fund advisors lp	5.3%	3,212,343	SC 13G/A
Feb 10, 2021	fj capital management llc	4.54%	2,741,209	SC 13G/A

Recent SEC filings of OceanFirst Financial Corp

View All Filings

Date Filed	Form Type	Document
May 08, 2024	4	Insider Trading
May 02, 2024	10-Q	Quarterly Report
Apr 18, 2024	8-K	Current Report
Apr 11, 2024	ARS	ARS
Apr 11, 2024	DEF 14A	DEF 14A
Apr 11, 2024	DEFA14A	DEFA14A
Mar 07, 2024	4	Insider Trading
Mar 07, 2024	4	Insider Trading
Mar 07, 2024	4	Insider Trading
Mar 07, 2024	4	Insider Trading

Peers (Alternatives to OceanFirst Financial Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	580.6B	174.7B	10.55%	50.52%	11.53	3.32	53.11%	19.83%
BAC	304.4B	137.9B	8.26%	42.25%	12.16	2.21	56.12%	-12.56%
WFC	217.3B	85.8B	9.39%	62.33%	11.58	2.53	35.02%	26.14%
C	122.5B	125.0B	9.68%	41.85%	15.33	0.98	37.85%	-
CFG	16.8B	10.4B	11.70%	47.15%	11.72	1.61	26.22%	-33.87%
KEY	14.7B	8.1B	7.90%	66.17%	16.8	1.8	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	8.52%	62.72%	10.53	1.72	34.68%	-45.96%
ZION	6.7B	4.1B	11.66%	93.23%	10.59	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	11.39%	71.61%	12.26	2.64	30.60%	-12.99%
ASB	3.4B	2.0B	11.00%	55.39%	21.08	1.66	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	410.6M	173.1M	11.64%	37.59%	14.07	2.37	26.54%	-34.86%
ALRS	390.2M	152.4M	-1.20%	38.83%	39.25	2.56	16.94%	-73.84%
ACNB	288.6M	98.7M	3.06%	15.69%	9.81	2.92	6.27%	-22.90%
ASRV	47.0M	62.5M	18.70%	-3.87%	-15.89	0.75	18.83%	-145.18%

OceanFirst Financial Corp News

Latest updates

OceanFirst Financial Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	0.7%	162	160	158	150	139	130	110	99.00	91.00	88.00	85.00	83.00	85.00	93.00	93.00	96.00	98.00	77.00	77.00	78.00	76.00
Operating Expenses	-2.5%	59.00	60.00	64.00	63.00	61.00	60.00	59.00	59.00	57.00	65.00	59.00	52.00	52.00	71.00	57.00	56.00	63.00	48.00	43.00	51.00	47.00
EBITDA Margin	-5.5%	0.81*	0.85*	0.99*	1.13*	1.25*	1.35*	1.32*	1.30*	1.32*	1.34*	1.36*	1.22*	-	-	-	-	-	-	-	-	-
Interest Expenses	-1.8%	86.00	88.00	91.00	92.00	99.00	106	96.00	91.00	84.00	81.00	77.00	74.00	74.00	78.00	77.00	79.00	80.00	63.00	63.00	65.00	64.00
Income Taxes	23.8%	11.00	9.00	6.00	9.00	9.00	17.00	12.00	9.00	8.00	4.00	7.00	10.00	11.00	10.00	-2.61	6.00	4.00	3.00	6.00	4.00	5.00
Earnings Before Taxes	8.0%	39.00	36.00	27.00	37.00	37.00	71.00	51.00	38.00	34.00	27.00	32.00	41.00	43.00	43.00	-7.53	25.00	21.00	27.00	31.00	23.00	26.00
EBT Margin	-1.7%	0.22*	0.22*	0.30*	0.37*	0.41*	0.45*	0.39*	0.36*	0.38*	0.42*	0.46*	0.34*	-	-	-	-	-	-	-	-	-
Net Income	3.6%	29.00	28.00	21.00	28.00	28.00	53.00	39.00	29.00	26.00	23.00	24.00	31.00	33.00	33.00	-4.93	19.00	17.00	23.00	25.00	19.00	21.00
Net Income Margin	-2.9%	0.17*	0.17*	0.22*	0.28*	0.31*	0.34*	0.30*	0.28*	0.30*	0.32*	0.35*	0.26*	-	-	-	-	-	-	-	-	-
Free Cashflow	259.6%	45.00	-28.47	53.00	69.00	22.00	39.00	81.00	65.00	50.00	25.00	-30.99	92.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.9%	13,419	13,538	13,498	13,539	13,555	13,104	12,683	12,439	12,165	11,740	11,830	11,484	11,577	11,448	11,651	11,345	10,489	8,246	8,135	8,029	8,093
Cash Equivalents	-15.2%	130	154	409	458	496	168	171	189	211	225	1,008	1,111	1,190	1,319	1,038	779	307	133	156	155	156
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	105	103	104	106	113
Goodwill	0%	506	506	506	506	506	506	506	506	6.00	500	500	500	500	500	501	501	500	86.00	375	375	375
Liabilities	-1.0%	11,753	11,876	11,861	11,913	11,945	11,518	11,143	10,917	10,646	10,223	10,316	9,975	10,079	9,964	10,190	9,869	9,079	7,093	6,991	6,892	6,966
Long Term Debt	2.9%	1,151	1,118	-	-	-	1,476	-	-	-	348	-	-	-	364	-	-	-	688	-	-	-
Shareholder's Equity	0.3%	1,666	1,661	1,637	1,626	1,610	1,585	1,540	1,521	1,519	1,517	1,513	1,509	1,499	1,484	1,462	1,476	1,410	1,153	1,145	1,137	1,127
Retained Earnings	2.7%	608	593	578	570	555	541	500	474	456	442	431	418	398	378	356	373	364	359	344	327	317
Additional Paid-In Capital	0.1%	1,163	1,162	1,161	1,159	1,158	1,155	1,153	1,151	1,150	1,147	1,145	1,144	1,142	1,138	1,137	1,136	1,078	841	840	839	837
Shares Outstanding	-1.1%	59.00	59.00	59.00	59.00	59.00	59.00	59.00	59.00	59.00	59.00	60.00	60.00	-	-	-	-	-	-	-	-	-
Minority Interest	-7.3%	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	-	-	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	903	-	-	-	1,102	-	-	-	1,212	-	-	-	1,038	-	-	-	1,244	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	271.9%	46,112	-26,823	54,822	71,888	24,374	40,452	83,702	68,652	57,644	40,921	-19,751	101,929	36,873	5,119	46,280	17,561	63,696	18,265	22,516	21,397	38,069
Share Based Compensation	63.2%	1,541	944	1,574	1,508	1,828	1,619	1,619	1,848	1,552	1,184	1,505	1,489	1,237	529	1,250	1,371	1,108	721	538	1,690	912
Cashflow From Investing	135.3%	120,603	-342,112	8,734	-7,971	-146,648	-411,830	-235,376	-249,117	-424,685	-751,367	-424,723	-78,593	-223,159	514,299	-82,300	-369,019	-85,149	-143,798	-98,798	61,841	8,633
Cashflow From Financing	-267.0%	-190,011	113,771	-112,421	-102,403	450,521	368,656	133,323	158,348	353,433	-72,442	341,057	-102,000	57,378	-239,164	295,119	823,551	195,442	103,080	77,044	-83,865	-13,486
Dividend Payments	0.0%	12,854	12,848	12,826	12,841	12,759	12,732	12,756	11,026	10,997	11,073	11,104	11,177	11,156	11,194	11,229	10,220	10,274	8,298	8,639	8,660	8,644
Buy Backs	-	15,119	-	-	-	-	-	-	5,252	2,144	5,431	9,689	10,945	9,994	-	-	-	14,814	8,012	10,656	3,593	3,805

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OCFC Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income:
Loans	$ 137,121	$ 121,720
Debt securities	19,861	14,286
Equity investments and other	4,620	3,028
Total interest income	161,602	139,034
Interest expense:
Deposits	59,855	21,330
Borrowed funds	15,523	18,902
Total interest expense	75,378	40,232
Net interest income	86,224	98,802
Provision for credit losses	591	3,013
Net interest income after provision for credit losses	85,633	95,789
Other income:
Bankcard services revenue	1,416	1,330
Net gain on sales of loans	357	20
Net gain (loss) on equity investments	1,923	(6,801)
Income from bank owned life insurance	1,862	1,281
Commercial loan swap income	138	701
Other	1,591	(229)
Total other income	12,286	2,073
Operating expenses:
Compensation and employee benefits	32,759	33,920
Occupancy	5,199	5,239
Equipment	1,130	1,205
Marketing	990	982
Federal deposit insurance and regulatory assessments	3,135	1,749
Data processing	5,956	6,154
Check card processing	1,050	1,281
Professional fees	2,732	5,098
Amortization of core deposit intangible	844	1,027
Branch consolidation expense, net	0	70
Merger related expenses	0	22
Other operating expense	4,877	4,562
Total operating expenses	58,672	61,309
Income before provision for income taxes	39,247	36,553
Provision for income taxes	10,637	8,654
Net income	28,610	27,899
Net (loss) income attributable to non-controlling interest	(57)	16
Net income attributable to OceanFirst Financial Corp.	28,667	27,883
Dividends on preferred shares	1,004	1,004
Net income available to common stockholders, basic	27,663	26,879
Net income available to common stockholders, diluted	$ 27,663	$ 26,879
Basic earnings per share (in dollars per share)	$ 0.47	$ 0.46
Diluted earnings per share (in dollars per share)	$ 0.47	$ 0.46
Average basic shares outstanding (in shares)	58,789	58,774
Average diluted shares outstanding (in shares)	58,791	58,918
Trust and asset management revenue
Other income:
Revenue	$ 526	$ 612
Fees and service charges
Other income:
Revenue	$ 4,473	$ 5,159

About OceanFirst Financial Corp

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, trust and asset management services; and sells life insurance products. The company was founded in 1902 and is based in Red Bank, New Jersey.

CEO	Mr. Christopher D. Maher
WEBSITE	oceanfirst.com
INDUSTRY	Banks Diversified
EMPLOYEES	915

OceanFirst Financial Corp Frequently Asked Questions

What is the ticker symbol for OceanFirst Financial Corp? What does OCFC stand for in stocks?

OCFC is the stock ticker symbol of OceanFirst Financial Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of OceanFirst Financial Corp (OCFC)?

As of Wed May 15 2024, market cap of OceanFirst Financial Corp is 944.7 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OCFC stock?

You can check OCFC's fair value in chart for subscribers.

What is the fair value of OCFC stock?

You can check OCFC's fair value in chart for subscribers. The fair value of OceanFirst Financial Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of OceanFirst Financial Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OCFC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is OceanFirst Financial Corp a good stock to buy?

The fair value guage provides a quick view whether OCFC is over valued or under valued. Whether OceanFirst Financial Corp is cheap or expensive depends on the assumptions which impact OceanFirst Financial Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OCFC.

What is OceanFirst Financial Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 15 2024, OCFC's PE ratio (Price to Earnings) is 9.01 and Price to Sales (PS) ratio is 1.5. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OCFC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on OceanFirst Financial Corp's stock?

In the past 10 years, OceanFirst Financial Corp has provided 0.023 (multiply by 100 for percentage) rate of return.