The price of OCFC is predicted to go up 7.19%, based on the high correlation periods with SON. The similarity of these two price pattern on the periods is 94.32%.
OCFC
SON
Up: 7.19%Similarity: 94.32%
OCFC Revenue Forecast
OCFC EPS Forecast
OCFC FAQs
What is bull’s view on OCFC?
OCFC stock is currently trading at $20.22, with analysts maintaining a "Hold" rating and a price target of $22, reflecting a potential upside of 8.8%. Bullish investors may focus on its stable dividend yield and potential for organic deposit growth or M&A activity, which could drive better loan growth. However, the stock's limited near-term catalysts and transitionary outlook for 2025 temper enthusiasm.
What is bear's view on OCFC?
OCFC stock is currently trading at $20.22, below its recent price target of $22. Bears argue that the stock faces challenges due to its 39% trailing twelve-month volatility, which increases risk. Additionally, the lack of significant catalysts for growth in 2025 and a Hold rating from analysts suggest limited upside potential.
What is OCFC revenue forecast for next quarter?
The market consensus for OCFC's revenue in the upcoming quarter is projected to be approximately $95.433M USD.
What is OCFC eps forecast for next quarter?
The market consensus for OCFC's eps in the upcoming quarter is projected to be approximately $0.348 USD.
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.