OceanFirst Financial Statistics
Total Valuation
OCFC has a market cap or net worth of $1.09 billion. The enterprise value is $2.14 billion.
Market Cap | 1.09B |
Enterprise Value | 2.14B |
Important Dates
The last earnings date was Thursday, July 18, 2024, after market close.
Earnings Date | Jul 18, 2024 |
Ex-Dividend Date | Aug 5, 2024 |
Share Statistics
OCFC has 58.71 million shares outstanding. The number of shares has decreased by -0.22% in one year.
Shares Outstanding | 58.71M |
Shares Change (YoY) | -0.22% |
Shares Change (QoQ) | +0.28% |
Owned by Insiders (%) | 3.25% |
Owned by Institutions (%) | 74.23% |
Float | 56.22M |
Valuation Ratios
The trailing PE ratio is 10.87 and the forward PE ratio is 10.39. OCFC's PEG ratio is 1.84.
PE Ratio | 10.87 |
Forward PE | 10.39 |
PS Ratio | 2.83 |
Forward PS | 2.99 |
PB Ratio | 0.66 |
P/FCF Ratio | 7.81 |
PEG Ratio | 1.84 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.77, with an EV/FCF ratio of 15.31.
EV / Earnings | 21.23 |
EV / Sales | 5.55 |
EV / EBITDA | 13.77 |
EV / EBIT | 15.34 |
EV / FCF | 15.31 |
Financial Position
Current Ratio | n/a |
Quick Ratio | n/a |
Debt / Equity | 0.71 |
Debt / EBITDA | 7.59 |
Debt / FCF | 8.44 |
Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 6.10% and return on invested capital (ROIC) is 3.68%.
Return on Equity (ROE) | 6.10% |
Return on Assets (ROA) | 0.70% |
Return on Capital (ROIC) | 3.68% |
Revenue Per Employee | $419,276 |
Profits Per Employee | $109,562 |
Employee Count | 920 |
Asset Turnover | 0.03 |
Inventory Turnover | n/a |
Taxes
In the past 12 months, OCFC has paid $34.68 million in taxes.
Income Tax | 34.68M |
Effective Tax Rate | 25.60% |
Stock Price Statistics
The stock price has decreased by -4.77% 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 | -4.77% |
50-Day Moving Average | 15.74 |
200-Day Moving Average | 15.47 |
Relative Strength Index (RSI) | 64.34 |
Average Volume (20 Days) | 382,013 |
Short Selling Information
The latest short interest is 1.63 million, so 2.78% of the outstanding shares have been sold short.
Short Interest | 1.63M |
Short Previous Month | 1.64M |
Short % of Shares Out | 2.78% |
Short % of Float | 2.90% |
Short Ratio (days to cover) | 5.32 |
Income Statement
In the last 12 months, OCFC had revenue of $385.73 million and earned $100.80 million in profits. Earnings per share was $1.71.
Revenue | 385.73M |
Gross Profit | 385.73M |
Operating Income | 139.46M |
Pretax Income | 139.50M |
Net Income | 100.80M |
EBITDA | 155.40M |
EBIT | 139.50M |
Earnings Per Share (EPS) | $1.71 |
Balance Sheet
The company has $130.42 million in cash and $1.18 billion in debt, giving a net cash position of -$1.05 billion or -$17.86 per share.
Cash & Cash Equivalents | 130.42M |
Total Debt | 1.18B |
Net Cash | -1.05B |
Net Cash Per Share | -$17.86 |
Equity (Book Value) | 1.67B |
Book Value Per Share | 28.36 |
Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $146.00 million and capital expenditures -$6.24 million, giving a free cash flow of $139.76 million.
Operating Cash Flow | 146.00M |
Capital Expenditures | -6.24M |
Free Cash Flow | 139.76M |
FCF Per Share | $2.38 |
Margins
Gross margin is 100.00%, with operating and profit margins of 36.15% and 26.13%.
Gross Margin | 100.00% |
Operating Margin | 36.15% |
Pretax Margin | 36.16% |
Profit Margin | 26.13% |
EBITDA Margin | 40.29% |
EBIT Margin | 36.16% |
FCF Margin | 36.23% |
Dividends & Yields
This stock pays an annual dividend of $0.80, which amounts to a dividend yield of 4.36%.
Dividend Per Share | $0.80 |
Dividend Yield | 4.36% |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | 2 |
Payout Ratio | 46.78% |
Buyback Yield | 0.22% |
Shareholder Yield | 4.58% |
Earnings Yield | 9.24% |
FCF Yield | 12.81% |
Analyst Forecast
The average price target for OCFC is $18.00, which is -3.12% lower than the current price. The consensus rating is "Hold".
Price Target | $18.00 |
Price Target Difference | -3.12% |
Analyst Consensus | Hold |
Analyst Count | 5 |
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 3:2.
Last Split Date | May 20, 2002 |
Split Type | Forward |
Split Ratio | 3:2 |
Scores
Altman Z-Score | n/a |
Piotroski F-Score | 4 |