OceanFirst Financial Corp. (OCFC)
NASDAQ: OCFC · Real-Time Price · USD
17.73
-0.27 (-1.50%)
Nov 4, 2024, 4:00 PM EST - Market closed
OceanFirst Financial Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for OCFC stock have an average target of 19.33, with a low estimate of 18 and a high estimate of 20. The average target predicts an increase of 9.02% from the current stock price of 17.73.
Analyst Consensus: Hold
* Price targets were last updated on May 31, 2024.
Analyst Ratings
The average analyst rating for OCFC stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 4 | 4 | 4 | 4 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy → Hold Downgrades $19 → $18 | Buy → Hold | Downgrades | $19 → $18 | +1.52% | May 31, 2024 |
| Raymond James | Raymond James | Buy Maintains $22 → $20 | Buy | Maintains | $22 → $20 | +12.80% | Apr 22, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Reiterates $22 → $19 | Buy | Reiterates | $22 → $19 | +7.16% | Apr 22, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $20 | Hold | Reiterates | $20 | +12.80% | Apr 19, 2024 |
| Raymond James | Raymond James | Buy Maintains $21 → $22 | Buy | Maintains | $21 → $22 | +24.08% | Jan 22, 2024 |
Financial Forecast
Revenue This Year
341.90M
Revenue Next Year
361.99M
from 341.90M
Increased by 5.88%
EPS This Year
1.62
from 1.70
Decreased by -4.32%
EPS Next Year
1.75
from 1.62
Increased by 7.98%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 354.9M | 388.0M | 393.5M |
| Avg | 341.9M | 362.0M | 382.3M |
| Low | 326.3M | 335.2M | 367.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 13.5% | 8.7% |
| Avg | - | 5.9% | 5.6% |
| Low | - | -2.0% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.76 | 2.05 | 2.23 |
| Avg | 1.62 | 1.75 | 2.16 |
| Low | 1.47 | 1.54 | 2.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.0% | 26.1% | 27.0% |
| Avg | -4.3% | 8.0% | 23.4% |
| Low | -13.4% | -5.2% | 18.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.