OceanFirst Financial (NASDAQ:OCFC – Get Free Report) is scheduled to be announcing its earnings results after the market closes on Thursday, October 17th. Analysts expect the company to announce earnings of $0.39 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.
OceanFirst Financial (NASDAQ:OCFC – Get Free Report) last announced its earnings results on Thursday, July 18th. The savings and loans company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.03). OceanFirst Financial had a net margin of 14.78% and a return on equity of 5.85%. The company had revenue of $170.41 million during the quarter, compared to analyst estimates of $94.93 million. During the same quarter last year, the business earned $0.46 EPS. On average, analysts expect OceanFirst Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
OceanFirst Financial Stock Up 1.9 %
Shares of NASDAQ OCFC opened at $18.78 on Wednesday. The company’s 50-day simple moving average is $17.40 and its 200-day simple moving average is $16.28. OceanFirst Financial has a 52-week low of $12.01 and a 52-week high of $19.29. The firm has a market cap of $1.10 billion, a price-to-earnings ratio of 10.98 and a beta of 1.01. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.74.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on OceanFirst Financial
OceanFirst Financial Company Profile
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services to retail and commercial customers. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits, that includes brokered deposits to retail, government, and business customers.
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