OceanFirst Financial Statistics

Total Valuation

OCFC has a market cap or net worth of $1.04 billion. The enterprise value is $2.24 billion.

Market Cap	1.04B
Enterprise Value	2.24B

Important Dates

The next estimated earnings date is Thursday, January 16, 2025, after market close.

Earnings Date	Jan 16, 2025
Ex-Dividend Date	Nov 4, 2024

Share Statistics

OCFC has 58.46 million shares outstanding. The number of shares has decreased by -0.88% in one year.

Current Share Class	58.46M
Shares Outstanding	58.46M
Shares Change (YoY)	-0.88%
Shares Change (QoQ)	-0.50%
Owned by Insiders (%)	3.18%
Owned by Institutions (%)	72.21%
Float	56.60M

Valuation Ratios

The trailing PE ratio is 10.22 and the forward PE ratio is 11.71.

PE Ratio	10.22
Forward PE	11.71
PS Ratio	2.73
Forward PS	3.00
PB Ratio	0.61
P/TBV Ratio	0.88
P/FCF Ratio	79.87
P/OCF Ratio	50.45
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	21.96
EV / Sales	5.87
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	171.73

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	113.52
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 6.36%.

Return on Equity (ROE)	6.36%
Return on Assets (ROA)	0.79%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$414,099
Profits Per Employee	$110,676
Employee Count	920
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, OCFC has paid $33.77 million in taxes.

Income Tax	33.77M
Effective Tax Rate	24.17%

Stock Price Statistics

The stock price has increased by +2.42% in the last 52 weeks. The beta is 1.02, so OCFC's price volatility has been similar to the market average.

Beta (5Y)	1.02
52-Week Price Change	+2.42%
50-Day Moving Average	19.47
200-Day Moving Average	16.99
Relative Strength Index (RSI)	28.38
Average Volume (20 Days)	297,800

Short Selling Information

The latest short interest is 559,844, so 0.96% of the outstanding shares have been sold short.

Short Interest	559,844
Short Previous Month	510,535
Short % of Shares Out	0.96%
Short % of Float	0.99%
Short Ratio (days to cover)	2.28

Income Statement

In the last 12 months, OCFC had revenue of $380.97 million and earned $101.82 million in profits. Earnings per share was $1.74.

Revenue	380.97M
Gross Profit	380.97M
Operating Income	157.68M
Pretax Income	134.16M
Net Income	101.82M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$1.74

Full Income Statement

Balance Sheet

The company has $281.96 million in cash and $1.48 billion in debt, giving a net cash position of -$1.20 billion or -$20.46 per share.

Cash & Cash Equivalents	281.96M
Total Debt	1.48B
Net Cash	-1.20B
Net Cash Per Share	-$20.46
Equity (Book Value)	1.69B
Book Value Per Share	29.10
Working Capital	-10.80B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $20.62 million and capital expenditures -$7.60 million, giving a free cash flow of $13.02 million.

Operating Cash Flow	20.62M
Capital Expenditures	-7.60M
Free Cash Flow	13.02M
FCF Per Share	$0.22

Full Cash Flow Statement

Margins

Gross Margin	n/a
Operating Margin	41.39%
Pretax Margin	36.68%
Profit Margin	27.78%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	3.42%

Dividends & Yields

This stock pays an annual dividend of $0.80, which amounts to a dividend yield of 4.50%.

Dividend Per Share	$0.80
Dividend Yield	4.50%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	2
Payout Ratio	45.94%
Buyback Yield	0.88%
Shareholder Yield	5.37%
Earnings Yield	9.79%
FCF Yield	1.25%

Dividend Details

Analyst Forecast

The average price target for OCFC is $21.00, which is 18.04% higher than the current price. The consensus rating is "Hold".

Price Target	$21.00
Price Target Difference	18.04%
Analyst Consensus	Hold
Analyst Count	4
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

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