OceanFirst Financial Corp. (OCFC)
NASDAQ: OCFC · Real-Time Price · USD
20.43
+0.45 (2.24%)
Nov 21, 2024, 11:14 AM EST - Market open
OceanFirst Financial Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for OCFC stock have an average target of 20, with a low estimate of 18 and a high estimate of 22. The average target predicts a decrease of -2.09% from the current stock price of 20.43.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for OCFC stock from 4 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 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Hold Maintains $20 → $22 | Hold | Maintains | $20 → $22 | +7.70% | Nov 18, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy → Hold Downgrades $19 → $18 | Buy → Hold | Downgrades | $19 → $18 | -11.88% | May 31, 2024 |
| Raymond James | Raymond James | Buy Maintains $22 → $20 | Buy | Maintains | $22 → $20 | -2.09% | Apr 22, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Reiterates $22 → $19 | Buy | Reiterates | $22 → $19 | -6.99% | Apr 22, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $20 | Hold | Reiterates | $20 | -2.09% | Apr 19, 2024 |
Financial Forecast
Revenue This Year
340.73M
Revenue Next Year
355.39M
from 340.73M
Increased by 4.30%
EPS This Year
1.62
from 1.70
Decreased by -4.78%
EPS Next Year
1.65
from 1.62
Increased by 1.90%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 352.0M | 380.1M | 424.4M |
| Avg | 340.7M | 355.4M | 396.4M |
| Low | 326.3M | 330.1M | 366.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 11.6% | 19.4% |
| Avg | - | 4.3% | 11.5% |
| Low | - | -3.1% | 3.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.71 | 1.89 | 2.31 |
| Avg | 1.62 | 1.65 | 2.08 |
| Low | 1.53 | 1.37 | 1.81 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.9% | 17.0% | 40.3% |
| Avg | -4.8% | 1.9% | 26.2% |
| Low | -10.1% | -15.1% | 10.1% |
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.