OceanFirst Financial Corp. Reaches New 12-Month Low at $13.94 (OCFC)
OceanFirst Financial Corp. (NASDAQ:OCFC) hit a new 52-week low during mid-day trading on Friday , Stock Ratings Network.com reports. The company traded as low as $13.94 and last traded at $15.92, with a volume of 18,802 shares. The stock had previously closed at $16.00.
Several analysts have recently commented on the stock. Analysts at TheStreet upgraded shares of OceanFirst Financial Corp. from a “hold” rating to a “buy” rating in a research note on Monday, July 7th. Separately, analysts at Boenning Scattergood cut their price target on shares of OceanFirst Financial Corp. from $20.00 to $19.00 in a research note on Friday, June 20th. They now have an “outperform” rating on the stock.
The stock has a 50-day moving average of $16.43 and a 200-day moving average of $17.10. The company has a market cap of $274.5 million and a price-to-earnings ratio of 16.49.
OceanFirst Financial Corp. (NASDAQ:OCFC) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.01. On average, analysts predict that OceanFirst Financial Corp. will post $1.20 earnings per share for the current fiscal year.
The company also recently announced a dividend, which is scheduled for Friday, August 15th. Stockholders of record on Monday, August 4th will be paid a dividend of $0.12 per share. The ex-dividend date is Thursday, July 31st.
OceanFirst Financial Corp. is a holding company for OceanFirst Bank (NASDAQ:OCFC).
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