OceanFirst Financial Corp...
18.66
0.20 (1.08%)
At close: Jan 15, 2025, 12:57 PM

OceanFirst Financial Corp. Statistics

Share Statistics

OceanFirst Financial Corp. has 58.46M shares outstanding. The number of shares has increased by -0.83% in one year.

Shares Outstanding 58.46M
Shares Change (YoY) n/a
Shares Change (QoQ) -0.03%
Owned by Institutions (%) n/a
Shares Floating 56.62M
Failed to Deliver (FTD) Shares 15
FTD / Avg. Volume 0.01%

Short Selling Information

The latest short interest is 547.23K, so 0.94% of the outstanding shares have been sold short.

Short Interest 547.23K
Short % of Shares Out 0.94%
Short % of Float 0.97%
Short Ratio (days to cover) 2.44

Valuation Ratios

The PE ratio is 9.84 and the forward PE ratio is 12.91. OceanFirst Financial Corp.'s PEG ratio is 0.29.

PE Ratio 9.84
Forward PE 12.91
PS Ratio 2.65
Forward PS 2.4
PB Ratio 0.62
P/FCF Ratio 8.78
PEG Ratio 0.29
Financial Ratio History

Enterprise Valuation

Currently the Enterprise Value (EV) is not available for OceanFirst Financial Corp..

EV / Earnings n/a
EV / Sales n/a
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 0.03, with a Debt / Equity ratio of 0.69.

Current Ratio 0.03
Quick Ratio 0.03
Debt / Equity 0.69
Total Debt / Capitalization 40.66
Cash Flow / Debt 0.11
Interest Coverage 0.57

Financial Efficiency

Return on equity (ROE) is 0.06% and return on capital (ROIC) is 3.72%.

Return on Equity (ROE) 0.06%
Return on Assets (ROA) 0.01%
Return on Capital (ROIC) 3.72%
Revenue Per Employee 439.27K
Profits Per Employee 118.48K
Employee Count 878
Asset Turnover 0.03
Inventory Turnover 0

Taxes

Income Tax 32.70M
Effective Tax Rate 0.24

Stock Price Statistics

The stock price has increased by 12.43% in the last 52 weeks. The beta is 1, so OceanFirst Financial Corp.'s price volatility has been higher than the market average.

Beta 1
52-Week Price Change 12.43%
50-Day Moving Average 19.33
200-Day Moving Average 17.17
Relative Strength Index (RSI) 49.28
Average Volume (20 Days) 268.92K

Income Statement

In the last 12 months, OceanFirst Financial Corp. had revenue of 385.68M and earned 104.03M in profits. Earnings per share was 1.7.

Revenue 385.68M
Gross Profit 640.86M
Operating Income 136.86M
Net Income 104.03M
EBITDA 0
EBIT 136.86M
Earnings Per Share (EPS) 1.7
Full Income Statement

Balance Sheet

The company has 153.72M in cash and 1.14B in debt, giving a net cash position of -984.54M.

Cash & Cash Equivalents 153.72M
Total Debt 1.14B
Net Cash -984.54M
Retained Earnings 592.54M
Total Assets 13.49B
Working Capital 11.14B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 124.26M and capital expenditures -7.71M, giving a free cash flow of 116.55M.

Operating Cash Flow 124.26M
Capital Expenditures -7.71M
Free Cash Flow 116.55M
FCF Per Share 1.98
Full Cash Flow Statement

Margins

Gross margin is 166.16%, with operating and profit margins of 35.48% and 26.97%.

Gross Margin 166.16%
Operating Margin 35.48%
Pretax Margin 35.46%
Profit Margin 26.97%
EBITDA Margin n/a
EBIT Margin 35.48%
FCF Margin 30.22%

Dividends & Yields

OCFC pays an annual dividend of $0.8, which amounts to a dividend yield of 4.44%.

Dividend Per Share $0.80
Dividend Yield 4.44%
Dividend Growth (YoY) 0%
Payout Ratio 45.71%
Earnings Yield 9.17%
FCF Yield 10.75%
Dividend Details

Analyst Forecast

The average price target for OCFC is $21, which is 13.3% higher than the current price. The consensus rating is "Hold".

Price Target $21
Price Target Difference 13.3%
Analyst Consensus Hold
Analyst Count 4
Stock Forecasts

Stock Splits

The last stock split was on May 20, 2002. It was a forward split with a ratio of 3:2.

Last Split Date May 20, 2002
Split Type forward
Split Ratio 3:2

Scores

Altman Z-Score 1.17
Piotroski F-Score 6