OceanFirst Financial Corp.
General ticker "OCFC" information:
- Sector: Financials
- Industry: Banks
- Capitalization: $1.2B
OceanFirst Financial Corp. follows the US Stock Market performance with the rate: 53.1%.
Estimated limits based on current volatility of 2.2%: low 17.79$, high 18.59$
Factors to consider:
- Company pays dividends: last record date 2024-11-04, amount 0.20$ (Y4.50%)
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [13.89$, 20.65$]
- 2024-12-30 to 2025-12-30 estimated range: [17.09$, 24.28$]
Financial Metrics affecting the OCFC estimates:
- Positive: 0.93 < Non-GAAP EPS, $ of 1.78
- Positive: Operating cash flow per share per price, % of 13.31 > 12.76
- Positive: 9.05 < Operating profit margin, % of 16.69
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 0.76
- Negative: Investing cash flow per share, $ of -8.28 <= -3.48
Short-term OCFC quotes
Long-term OCFC plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $352.09MM | $490.27MM | $641.60MM |
| Operating Expenses | $209.85MM | $330.75MM | $534.53MM |
| Operating Income | $142.24MM | $159.51MM | $107.07MM |
| Non-Operating Income | $0.00MM | $34.41MM | $29.70MM |
| Interest Expense | $36.75MM | $53.70MM | $238.24MM |
| Income(Loss) | $142.24MM | $193.92MM | $136.76MM |
| Taxes | $32.16MM | $46.56MM | $32.70MM |
| Profit(Loss) | $110.08MM | $147.36MM | $104.06MM |
| Stockholders Equity | $1,516.55MM | $1,584.66MM | $1,661.16MM |
| Inventory | $243.89MM | $215.37MM | $0.00MM |
| Assets | $11,739.62MM | $13,103.90MM | $13,538.25MM |
| Operating Cash Flow | $159.97MM | $250.45MM | $124.26MM |
| Capital expenditure | $42.04MM | $20.90MM | $7.71MM |
| Investing Cash Flow | $-1,477.84MM | $-1,321.01MM | $-488.00MM |
| Financing Cash Flow | $223.99MM | $1,013.76MM | $349.47MM |
| Earnings Per Share* | $1.79 | $2.43 | $1.70 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.