OceanFirst Financial Corp (NASDAQ:OCFC) currently has a daily average trading volume of 297.93K but it saw 296842 shares traded in last market. With a market cap of 979.09M USD, the company’s current market price of $16.77 came rising about 0.06 while comparing to the previous closing price of $16.76. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.87 and as low as $14.29.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Hovde Group which reiterated the stock as “Outperform” in its note to investors issued on January 27, 2025, recommending a price target of between $23 and $22 for it. Keefe Bruyette issued its recommendations for the stock as it downgraded the price target for the stock is $18.
Over the week, OCFC’s stock price is moving -3.68% down while it is -3.79% when we observe its performance for the past one month. Year-to-date it is -7.35% down and over the past year, the stock is showing an upside performance of 16.14%.
Currently, OceanFirst Financial Corp’s total number of outstanding shares is 58.38M. Company’s return on investment (ROI) stands at 3.16% and return on equity (ROE) at 5.51%. It has a price to earnings ratio (P/E ratio) of 10.97 while having a 8.78 of forward P/E ratio. Stock’s beta reads 0.96. Stock has a price to book (P/B) ratio of 0.57 while price to sale or P/S ratio amounts to 1.43. Its return on asset (ROA) is 0.70% on average.
