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Ticker
OCFC

Price
14.76
Stock movement down
-0.19 (-1.27%)
Company name
OceanFirst Financial Corp
Exchange
(NASDAQ
,
Currency
USD
)
Sector
Financial Services >
Banks - Regional
Market cap
862.93M
Ent value
12.44B
Price/Sales
1.27
Price/Book
0.51
Div yield
5.42%
Div growth
5.23%
Growth years
2
FCF payout
-172.76%
Trailing P/E
8.15
Forward P/E
9.12
PEG
0.82
EPS growth
3.17%
1 year return
0.48%
3 year return
-8.31%
5 year return
-0.24%
10 year return
-1.46%
Last updated: 2025-04-12

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share0.80
Dividend yield5.42%
Payout frequency-
Maximum yield6.49%
Average yield4.12%
Minimum yield2.72%
Discount to avg yield23.90%
Upside potential31.40%
Yield as % of max yield83.47%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield5.42%
Current yield distribution6.98%
Yield at 100% (Min)2.72%
Yield at 90%3.08%
Yield at 80%3.28%
Yield at 50% (Median)4.12%
Yield at 20%4.87%
Yield at 10%5.30%
Yield at 0% (Max)6.49%

Dividend per share

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Dividend per share data
Years of growth2 years
CCC status-
Dividend per share0.80
Payout frequency-
Ex-div date3 Feb 2025
EPS (TTM)1.82
EPS (1y forward)1.62
EPS growth (5y)3.17%
EPS growth (5y forward)10.00%

Dividend growth

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Dividend growth data
OCFCS&P500
DGR MR17.65%-13.74%
DGR TTM-6.60%
DGR 3 years5.57%5.24%
DGR 5 years5.23%5.40%
DGR 10 years5.24%7.07%
DGR 15 years-6.12%
Time since last change announced992 days
EPS growth (5y)3.17%
EPS growth (5y forward)10.00%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM48.25%-172.76%
Average--
Forward49.43%-

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E8.15
Price to OCF-
Price to FCF-
Price to EBITDA34.22
EV to EBITDA493.49

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales1.27
Price to Book0.51
EV to Sales18.35

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FINANCIALS

Per share

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Per share data
Current share count58.46M
EPS (TTM)1.82
FCF per share (TTM)-0.51

Income statement

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Income statement data
Revenue (TTM)678.08M
Gross profit (TTM)642.96M
Operating income (TTM)217.73M
Net income (TTM)105.84M
EPS (TTM)1.82
EPS (1y forward)1.62

Margins

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Margins data
Gross margin (TTM)94.82%
Operating margin (TTM)32.11%
Profit margin (TTM)15.61%

Balance Sheet

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Balance Sheet data
Cash214.17M
Net receivables10.01B
Total current assets11.14B
Goodwill506.15M
Intangible assets7.06M
Property, plant and equipment0.00
Total assets13.49B
Accounts payable0.00
Short/Current long term debt1.31B
Total current liabilities3.01B
Total liabilities11.79B
Shareholder's equity1.69B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)-21.97M
Capital expenditures (TTM)7.59M
Free cash flow (TTM)-29.56M
Dividends paid (TTM)51.07M

Financial returns

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Financial returns data
Return on Equity6.25%
Return on Assets0.78%
Return on Invested Capital3.43%
Cash Return on Invested Capital-0.96%

iO Charts is a Seeking Alpha partner

STOCK INFORMATION

Stock chart

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Stock price data
Open14.75
Daily high14.94
Daily low14.37
Daily Volume334K
All-time high30.82
1y analyst estimate21.79
Beta1.00
EPS (TTM)1.82
Dividend per share0.80
Ex-div date3 Feb 2025
Next earnings date16 Apr 2025

Downside potential

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Downside potential data
OCFCS&P500
Current price drop from All-time high-52.11%-12.89%
Highest price drop-73.95%-56.47%
Date of highest drop9 Mar 20099 Mar 2009
Avg drop from high-28.06%-11.07%
Avg time to new high40 days12 days
Max time to new high3281 days1805 days

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COMPANY DETAILS
OCFC (OceanFirst Financial Corp) company logo
Marketcap
862.93M
Marketcap category
Small-cap
Description
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. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, trust and asset management services; and bank owned life insurance products. The company was founded in 1902 and is based in Red Bank, New Jersey.
Employees
878
Investor relations
SEC filings
CEO
Christopher D. Maher
Country
USA
City
Red Bank
Stock type
Common stock
CCC status
-
Dividend Frequency
-
EVENTS AND PRESENTATIONS
EventsPresentations
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iO Charts is a Seeking Alpha partner

UNDERSTAND THE BUSINESS
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