OceanFirst Financial Corp. (OCFC)
NASDAQ: OCFC · Real-Time Price · USD
20.37
+0.39 (1.95%)
Nov 21, 2024, 10:58 AM EST - Market open

OceanFirst Financial Statistics

Total Valuation

OCFC has a market cap or net worth of $1.19 billion.

Market Cap 1.19B
Enterprise Value n/a

Important Dates

The last earnings date was Thursday, October 17, 2024, after market close.

Earnings Date Oct 17, 2024
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 (%) 3.53%
Owned by Institutions (%) 74.02%
Float 56.40M

Valuation Ratios

The trailing PE ratio is 11.47 and the forward PE ratio is 13.13.

PE Ratio 11.47
Forward PE 13.13
PS Ratio 3.07
Forward PS 3.10
PB Ratio 0.69
P/TBV Ratio 1.01
P/FCF Ratio 91.50
P/OCF Ratio 57.79
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales n/a
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

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 +44.13% in the last 52 weeks. The beta is 1.00, so OCFC's price volatility has been similar to the market average.

Beta (5Y) 1.00
52-Week Price Change +44.13%
50-Day Moving Average 18.70
200-Day Moving Average 16.54
Relative Strength Index (RSI) 59.31
Average Volume (20 Days) 233,955

Short Selling Information

The latest short interest is 421,944, so 0.72% of the outstanding shares have been sold short.

Short Interest 421,944
Short Previous Month 464,470
Short % of Shares Out 0.72%
Short % of Float 0.75%
Short Ratio (days to cover) 1.82

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 24.82%

Dividends & Yields

This stock pays an annual dividend of $0.80, which amounts to a dividend yield of 4.00%.

Dividend Per Share $0.80
Dividend Yield 4.00%
Dividend Growth (YoY) n/a
Years of Dividend Growth 2
Payout Ratio 45.94%
Buyback Yield 0.88%
Shareholder Yield 4.88%
Earnings Yield 8.55%
FCF Yield 1.09%
Dividend Details

Analyst Forecast

The average price target for OCFC is $20.00, which is -1.82% lower than the current price. The consensus rating is "Hold".

Price Target $20.00
Price Target Difference -1.82%
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