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OceanFirst Financial - OCFC Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $20.42
  • Forecasted Upside: 14.76%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$17.79 As of 12/20/2024 06:16 PM ET
▼ -0.01 (-0.06%)

This chart shows the closing price for OCFC by one month, three months, or twelve months.

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Analyst Price Target for OCFC

Analyst Price Target is $20.42
▲ +14.76% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for OceanFirst Financial in the last 3 months. The average price target is $20.42, with a high forecast of $22.00 and a low forecast of $17.00. The average price target represents a 14.76% upside from the last price of $17.79.

This chart shows the closing price for OCFC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 6 investment analysts is to hold stock in OceanFirst Financial. This rating has held steady since June 2023, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
12/27/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
6/24/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/22/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
11/21/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
12/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/4/2024Keefe, Bruyette & WoodsBoost TargetMarket Perform ➝ Market Perform$21.00 ➝ $22.00
12/4/2024DA DavidsonReiterated RatingNeutral ➝ Neutral$22.00 ➝ $22.00
11/18/2024DA DavidsonBoost TargetNeutral ➝ Neutral$20.00 ➝ $22.00
10/18/2024Piper SandlerSet TargetNeutral ➝ Neutral$17.00
9/20/2024Hovde GroupBoost TargetOutperform$19.50 ➝ $21.50
5/31/2024Keefe, Bruyette & WoodsReiterated RatingOutperform ➝ Market Perform$19.00 ➝ $18.00
4/22/2024Raymond JamesLower TargetOutperform ➝ Outperform$22.00 ➝ $20.00
4/22/2024Keefe, Bruyette & WoodsReiterated RatingOutperform ➝ Outperform$22.00 ➝ $19.00
4/19/2024StephensReiterated RatingEqual Weight ➝ Equal Weight$20.00
1/22/2024Raymond JamesBoost TargetOutperform ➝ Outperform$21.00 ➝ $22.00
1/5/2024Raymond JamesUpgradeMarket Perform ➝ Outperform$21.00
10/23/2023Piper SandlerLower TargetNeutral ➝ Neutral$17.00 ➝ $15.00
9/18/2023DA DavidsonDowngradeBuy ➝ Neutral$17.00
7/21/2023StephensReiterated RatingEqual Weight ➝ Equal Weight$20.00
4/24/2023DA DavidsonLower Target$26.00 ➝ $20.00
4/21/2023StephensReiterated RatingEqual Weight$23.00
4/6/2023Keefe, Bruyette & WoodsLower TargetOutperform$28.00 ➝ $26.00
12/12/2022Piper SandlerDowngradeOverweight ➝ Neutral$25.00
7/27/2022DA DavidsonReiterated RatingBuy
11/10/2021StephensDowngradeOverweight ➝ Equal Weight
8/6/2021Piper SandlerUpgradeNeutral ➝ Overweight$23.00 ➝ $24.00
8/4/2021StephensUpgradeEqual Weight ➝ Overweight$24.00 ➝ $23.50
7/30/2021Keefe, Bruyette & WoodsReiterated RatingOutperform$26.00
5/12/2021StephensReiterated RatingOverweight ➝ Equal Weight$24.00
5/6/2021StephensDowngradeOverweight ➝ Equal Weight$24.00
2/1/2021Boenning ScattergoodUpgradeNeutral ➝ Outperform$24.00
1/13/2021Boenning ScattergoodReiterated RatingNeutral
1/7/2021Raymond JamesBoost TargetStrong-Buy$19.00 ➝ $23.00
12/17/2020DA DavidsonUpgradeNeutral ➝ Buy$17.00 ➝ $24.00
11/2/2020Raymond JamesLower TargetStrong-Buy$21.00 ➝ $19.00
9/28/2020Piper SandlerLower TargetNeutral$18.00 ➝ $17.00
4/30/2020StephensUpgradeEqual Weight ➝ Overweight
4/1/2020Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ Outperform$20.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.25 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 6 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 6 very positive mentions
  • 8 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 5 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 4 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 9 very positive mentions
  • 18 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 7 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 8 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 8 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

OceanFirst Financial logo
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services to retail and commercial customers. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits, that includes brokered deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, trust and asset management services; and bank owned life insurance products. The company was founded in 1902 and is based in Red Bank, New Jersey.
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Today's Range

Now: $17.79
Low: $17.62
High: $18.15

50 Day Range

MA: $19.52
Low: $17.68
High: $21.27

52 Week Range

Now: $17.79
Low: $14.03
High: $21.87

Volume

807,825 shs

Average Volume

300,968 shs

Market Capitalization

$1.04 billion

P/E Ratio

10.17

Dividend Yield

4.09%

Beta

1.04

Frequently Asked Questions

What sell-side analysts currently cover shares of OceanFirst Financial?

The following Wall Street sell-side analysts have issued reports on OceanFirst Financial in the last twelve months: DA Davidson, Hovde Group, Keefe, Bruyette & Woods, Piper Sandler, Raymond James, Stephens, StockNews.com, and TheStreet.
View the latest analyst ratings for OCFC.

What is the current price target for OceanFirst Financial?

0 Wall Street analysts have set twelve-month price targets for OceanFirst Financial in the last year. Their average twelve-month price target is $20.42, suggesting a possible upside of 14.8%. DA Davidson has the highest price target set, predicting OCFC will reach $22.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $17.00 for OceanFirst Financial in the next year.
View the latest price targets for OCFC.

What is the current consensus analyst rating for OceanFirst Financial?

OceanFirst Financial currently has 4 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in OCFC, but not buy more shares or sell existing shares.
View the latest ratings for OCFC.

What other companies compete with OceanFirst Financial?

Other companies that are similar to OceanFirst Financial include Simply Good Foods, TFS Financial, Walker & Dunlop, WSFS Financial and WaFd. Learn More about companies similar to OceanFirst Financial.

How do I contact OceanFirst Financial's investor relations team?

OceanFirst Financial's physical mailing address is 110 West Front Street, Red Bank NJ, 07701. The savings and loans company's listed phone number is (732) 240-4500 and its investor relations email address is [email protected]. The official website for OceanFirst Financial is www.oceanfirst.com. Learn More about contacing OceanFirst Financial investor relations.