OceanFirst Financial Corp. (OCFC)

OceanFirst Financial Statistics

Total Valuation

OCFC has a market cap or net worth of $993.82 million. The enterprise value is $2.22 billion.

Market Cap	993.82M
Enterprise Value	2.22B

Important Dates

The next estimated earnings date is Thursday, April 17, 2025, after market close.

Earnings Date	Apr 17, 2025
Ex-Dividend Date	Feb 3, 2025

Share Statistics

OCFC has 58.43 million shares outstanding. The number of shares has decreased by -1.12% in one year.

Current Share Class	58.43M
Shares Outstanding	58.43M
Shares Change (YoY)	-1.12%
Shares Change (QoQ)	-0.02%
Owned by Insiders (%)	3.47%
Owned by Institutions (%)	67.87%
Float	56.40M

Valuation Ratios

The trailing PE ratio is 10.35 and the forward PE ratio is 10.95.

PE Ratio	10.35
Forward PE	10.95
PS Ratio	2.65
Forward PS	2.76
PB Ratio	0.59
P/TBV Ratio	0.85
P/FCF Ratio	11.75
P/OCF Ratio	10.79
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	23.11
EV / Sales	5.91
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	26.21

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	17.00
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 5.97%.

Return on Equity (ROE)	5.97%
Return on Assets (ROA)	0.74%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	$363,951
Profits Per Employee	$93,161
Employee Count	1,031
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, OCFC has paid $30.27 million in taxes.

Income Tax	30.27M
Effective Tax Rate	23.16%

Stock Price Statistics

The stock price has increased by +3.78% in the last 52 weeks. The beta is 1.01, so OCFC's price volatility has been similar to the market average.

Beta (5Y)	1.01
52-Week Price Change	+3.78%
50-Day Moving Average	17.73
200-Day Moving Average	17.84
Relative Strength Index (RSI)	43.87
Average Volume (20 Days)	275,737

Short Selling Information

The latest short interest is 623,614, so 1.07% of the outstanding shares have been sold short.

Short Interest	623,614
Short Previous Month	579,983
Short % of Shares Out	1.07%
Short % of Float	1.11%
Short Ratio (days to cover)	2.36

Income Statement

In the last 12 months, OCFC had revenue of $375.23 million and earned $96.05 million in profits. Earnings per share was $1.65.

Revenue	375.23M
Gross Profit	375.23M
Operating Income	145.42M
Pretax Income	134.16M
Net Income	96.05M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$1.65

Balance Sheet

The company has $214.97 million in cash and $1.44 billion in debt, giving a net cash position of -$1.22 billion or -$20.96 per share.

Cash & Cash Equivalents	214.97M
Total Debt	1.44B
Net Cash	-1.22B
Net Cash Per Share	-$20.96
Equity (Book Value)	1.70B
Book Value Per Share	29.13
Working Capital	-10.39B

Cash Flow

In the last 12 months, operating cash flow was $92.24 million and capital expenditures -$7.57 million, giving a free cash flow of $84.68 million.

Operating Cash Flow	92.24M
Capital Expenditures	-7.57M
Free Cash Flow	84.68M
FCF Per Share	$1.45

Margins

Gross Margin	n/a
Operating Margin	38.76%
Pretax Margin	34.82%
Profit Margin	26.67%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	22.57%

Dividends & Yields

This stock pays an annual dividend of $0.80, which amounts to a dividend yield of 4.69%.

Dividend Per Share	$0.80
Dividend Yield	4.69%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	48.56%
Buyback Yield	1.12%
Shareholder Yield	5.81%
Earnings Yield	9.65%
FCF Yield	8.51%

Analyst Forecast

The average price target for OCFC is $21.50, which is 26.40% higher than the current price. The consensus rating is "Hold".

Price Target	$21.50
Price Target Difference	26.40%
Analyst Consensus	Hold
Analyst Count	4
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on May 20, 2002. It was a forward split with a ratio of 1.5:1.

Last Split Date	May 20, 2002
Split Type	Forward
Split Ratio	1.5:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	3