OceanFirst Financial (OCFC) Expected to Post Quarterly Earnings on Tuesday
by Renee Jackson · The Cerbat GemOceanFirst Financial (NASDAQ:OCFC – Get Free Report) will likely be releasing its Q3 2026 results after the market closes on Tuesday, October 27th. Analysts expect the company to post earnings of $0.4043 per share and revenue of $177.79 million for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, October 28, 2026 at 8:00 AM ET.
OceanFirst Financial (NASDAQ:OCFC – Get Free Report) last released its earnings results on Thursday, July 30th. The savings and loans company reported $0.43 EPS for the quarter, meeting the consensus estimate of $0.43. OceanFirst Financial had a return on equity of 5.34% and a net margin of 6.38%. The firm had revenue of $131.33 million during the quarter, compared to analyst estimates of $135.62 million. On average, analysts expect OceanFirst Financial to post $1.76 EPS for the current fiscal year and $2.32 EPS for the next fiscal year.
OceanFirst Financial Stock Performance
NASDAQ OCFC opened at $15.62 on Tuesday. The business’s 50-day moving average price is $17.94 and its 200 day moving average price is $18.56. OceanFirst Financial has a twelve month low of $15.60 and a twelve month high of $20.61. The company has a market capitalization of $1.51 billion, a PE ratio of 9.71 and a beta of 1.02. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.97.
OceanFirst Financial Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, August 21st. Shareholders of record on Monday, August 10th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend was Monday, August 10th. OceanFirst Financial’s dividend payout ratio (DPR) is presently 94.12%.
Wall Street Analyst Weigh In
Several research firms have commented on OCFC. Piper Sandler lowered their price target on OceanFirst Financial from $21.00 to $18.00 and set a “neutral” rating for the company in a report on Tuesday, October 6th. Weiss Ratings downgraded shares of OceanFirst Financial from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, September 25th. Five analysts have rated the stock with a Hold rating. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $20.33.
Check Out Our Latest Report on OceanFirst Financial
Insider Buying and Selling
In other OceanFirst Financial news, EVP Brian Schaeffer sold 5,500 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $18.91, for a total transaction of $104,005.00. Following the transaction, the executive vice president owned 83,068 shares of the company’s stock, valued at $1,570,815.88. This trade represents a 6.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John Buran sold 113,463 shares of OceanFirst Financial stock in a transaction on Friday, August 7th. The shares were sold at an average price of $19.40, for a total transaction of $2,201,182.20. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 5.40% of the company’s stock.
About OceanFirst Financial
OceanFirst Financial Corp. is the bank holding company for OceanFirst Bank, a community-focused financial institution headquartered in Toms River, New Jersey. The company provides banking and financial services to individuals, families, businesses and nonprofit organizations through its branch network and digital banking channels.
OceanFirst Bank offers deposit products, including checking, savings, money market and certificate accounts, along with residential mortgage, home equity, commercial real estate, commercial and industrial, consumer and small-business loans.
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