OceanFirst Financial Corp's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 48 out of 397 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 21.25.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
OceanFirst Financial Corp's Score
Industry at a Glance
Industry Ranking
48 / 397
Overall Ranking
93 / 4521
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
OceanFirst Financial Corp Highlights
StrengthsRisks
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.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 48.79%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 48.79%.
Overvalued
The company’s latest PB is 0.68, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 46.84M shares, increasing 0.97% quarter-over-quarter.
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.