OceanFirst Financial Corp. (OCFC)
NASDAQ: OCFC · Real-Time Price · USD
17.79
-0.01 (-0.06%)
Dec 20, 2024, 4:00 PM EST - Market closed
OceanFirst Financial Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for OCFC stock have an average target of 21, with a low estimate of 20 and a high estimate of 22. The average target predicts an increase of 18.04% from the current stock price of 17.79.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 4 | 4 | 4 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $21 → $22 | Hold | Maintains | $21 → $22 | +23.66% | Dec 4, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $22 | Hold | Maintains | $22 | +23.66% | Dec 4, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $20 → $22 | Hold | Maintains | $20 → $22 | +23.66% | Nov 18, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy → Hold Downgrades $19 → $18 | Buy → Hold | Downgrades | $19 → $18 | +1.18% | May 31, 2024 |
| Raymond James | Raymond James | Buy Maintains $22 → $20 | Buy | Maintains | $22 → $20 | +12.42% | Apr 22, 2024 |
Financial Forecast
Revenue This Year
348.00M
Revenue Next Year
364.59M
from 348.00M
Increased by 4.77%
EPS This Year
1.62
from 1.70
Decreased by -4.78%
EPS Next Year
1.65
from 1.62
Increased by 2.17%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 396.1M | 427.4M | 472.5M |
| Avg | 348.0M | 364.6M | 407.6M |
| Low | 326.3M | 331.2M | 366.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 22.8% | 29.6% |
| Avg | - | 4.8% | 11.8% |
| Low | - | -4.8% | 0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.71 | 1.89 | 2.38 |
| Avg | 1.62 | 1.65 | 2.10 |
| Low | 1.53 | 1.46 | 1.81 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.9% | 17.0% | 44.4% |
| Avg | -4.8% | 2.2% | 27.0% |
| Low | -10.1% | -9.6% | 9.8% |
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.