OCFC

OceanFirst Financial Corp

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16.410

+0.03(0.183%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

16.520

Open

16.500

VWAP

16.43

Vol

193.30K

Mkt Cap

941.69M

Low

16.290

Amount

3.18M

EV/EBITDA(TTM)

15.19

Total Shares

58.71M

1.97B

EV/OCF(TTM)

6.80

P/S(TTM)

2.72

OceanFirst Financial Corp. is the holding company for OceanFirst Bank N.A. (the Bank). The Bank is a regional community bank offering a variety of financial products and services to meet the needs of customers in the communities it serves. Its principal business is originating loans, consisting of commercial real estate and other commercial loans, and single-family, owner-occupied residential mortgage loans. It delivers commercial and residential financing, treasury management, trust and asset management, and deposit services. It also invests in other types of loans, including residential construction and consumer loans. The Bank primarily operates over 39 branch offices and various deposit production facilities located throughout central and southern New Jersey and the metropolitan areas of New York City and Philadelphia. It also operates commercial loan production offices in New Jersey, New York City, the greater Philadelphia area, Pittsburgh, Washington D.C., Baltimore, and Boston.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q3

FY2025Q4

FY2026Q1

102.56M

+4.31%

0.350

-10.26%

104.80M

+9.66%

0.370

-2.63%

105.66M

+8.14%

0.382

+9.05%

Estimates Revision

The market is revising Downward the revenue expectations for OceanFirst Financial Corp. (OCFC) for FY2025, with the revenue forecasts being adjusted by -1.57% over the past three months. During the same period, the stock price has changed by -6.12%.

Revenue Estimates for FY2025

Revise Downward

-1.57%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-6.06%

In Past 3 Month

Stock Price

Go Down

-6.12%

In Past 3 Month

3 Analyst Rating

18.83% Upside

Wall Street analysts forecast OCFC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OCFC is 19.50 USD with a low forecast of 19.00 USD and a high forecast of 20.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

0 Buy

3 Hold

0 Sell

Hold

18.83% Upside

Current: 16.410

Low

19.00

Averages

19.50

High

20.00

18.83% Upside

Current: 16.410

Low

19.00

Averages

19.50

High

20.00

Raymond James

Daniel Tamayo

Strong Buy

Maintains

$24 → $21

2025-04-02

Reason

Raymond James

Daniel Tamayo

Price Target

$24 → $21

2025-04-02

Maintains

Strong Buy

Reason

Raymond James lowered the firm's price target on OceanFirst Financial to $21 from $24 and keeps a Strong Buy rating on the shares. The firm's model contemplates a more conservative pace of loan growth in 2025 and resumption of share repurchases in 1Q25 given the recent decline in shares. While management remains confident that loan growth prospects are set to improve moving forward, the rise in macroeconomic uncertainty has weighed on borrower demand so far in Q1, slightly reducing the firm's 2025 loan growth forecast to 3.4% from 4.6%, the analyst tells investors in a research note.

Stephens & Co.

Matt Breese

Hold

Reiterates

$22

2025-01-24

Reason

Stephens & Co.

Matt Breese

Price Target

$22

2025-01-24

Reiterates

Hold

Reason

DA Davidson

Manuel Navas

Hold

Maintains

$22

2024-12-04

Reason

DA Davidson

Manuel Navas

Price Target

$22

2024-12-04

Maintains

Hold

Reason

Keefe, Bruyette & Woods

Timothy Switzer

Hold

Maintains

$21 → $22

2024-12-04

Reason

Keefe, Bruyette & Woods

Timothy Switzer

Price Target

$21 → $22

2024-12-04

Maintains

Hold

Reason

DA Davidson

Manuel Navas

Hold

Maintains

$20 → $22

2024-11-18

Reason

DA Davidson

Manuel Navas

Price Target

$20 → $22

2024-11-18

Maintains

Hold

Reason

DA Davidson raised the firm's price target on OceanFirst Financial to $22 from $20 and keeps a Neutral rating on the shares. The firm notes that while U.S. election results give the bank "added flexibility", it still sees 2025 as a transition year, adding however that a step up in deposit growth organically or through M&A would translate quickly to better loan growth and the firm "more constructive" on OceanFirst, the analyst tells investors in a research note.

See All Ratings

Valuation Metrics

The current forward P/E ratio for OceanFirst Financial Corp (OCFC.O) is 10.75, compared to its 5-year average forward P/E of 10.39. For a more detailed relative valuation and DCF analysis to assess OceanFirst Financial Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

10.39

Current PE

10.75

Overvalued PE

12.14

Undervalued PE

8.64

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Undervalued

5Y Average PS

2.79

Current PS

2.22

Overvalued PS

3.28

Undervalued PS

2.30