Northfield Bancorp, Inc. (NASDAQ:NFBK) has received a consensus broker rating score of 3.00 (Hold) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a hold rating.

Analysts have set a 1 year consensus price objective of $17.00 for the company and are predicting that the company will post $0.17 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Northfield Bancorp an industry rank of 13 out of 265 based on the ratings given to its competitors.

NFBK has been the subject of several research reports. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $20.00 price target on shares of Northfield Bancorp in a research report on Friday, December 22nd. Piper Jaffray Companies reiterated a “hold” rating on shares of Northfield Bancorp in a research note on Friday, November 10th.

In related news, EVP Robin Lefkowitz sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $17.00, for a total transaction of $34,000.00. Following the completion of the transaction, the executive vice president now directly owns 30,433 shares in the company, valued at approximately $517,361. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 9.34% of the company’s stock.

Large investors have recently made changes to their positions in the stock. Moors & Cabot Inc. bought a new position in Northfield Bancorp in the 2nd quarter worth approximately $172,000. Piedmont Investment Advisors LLC bought a new position in Northfield Bancorp in the 3rd quarter worth approximately $175,000. GSA Capital Partners LLP bought a new position in Northfield Bancorp in the 2nd quarter worth approximately $181,000. SG Americas Securities LLC bought a new position in Northfield Bancorp in the 3rd quarter worth approximately $199,000. Finally, Crossmark Global Holdings Inc. bought a new position in Northfield Bancorp in the 3rd quarter worth approximately $243,000. Institutional investors own 53.07% of the company’s stock.

Shares of Northfield Bancorp (NASDAQ:NFBK) opened at $16.87 on Thursday. Northfield Bancorp has a 52-week low of $15.35 and a 52-week high of $20.16. The company has a market cap of $836.82, a PE ratio of 22.80, a PEG ratio of 2.54 and a beta of 0.34. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.17 and a current ratio of 1.17.

Northfield Bancorp (NASDAQ:NFBK) last released its quarterly earnings results on Wednesday, October 25th. The bank reported $0.17 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.17. Northfield Bancorp had a net margin of 24.39% and a return on equity of 4.97%. The firm had revenue of $29.97 million during the quarter, compared to analyst estimates of $29.66 million. sell-side analysts expect that Northfield Bancorp will post 0.73 earnings per share for the current fiscal year.

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Northfield Bancorp Company Profile

Northfield Bancorp, Inc is a holding company for Northfield Bank (the Bank). Northfield Bank’s principal business consists of originating commercial real estate loans and multifamily real estate loans, purchasing investment securities including mortgage-backed securities and corporate bonds, as well as depositing funds in other financial institutions.

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