OceanFirst Financial (OCFC) Stock Forecast, Price Target & Predictions
OCFC Stock Forecast
OceanFirst Financial (OCFC) stock forecast, based on 7 Wall Street analysts, predicts a 12-month average price target of $19.33, with a high of $22.00 and a low of $17.00. This represents a 11.80% increase from the last price of $17.29.
OCFC Stock Rating
OceanFirst Financial stock's rating consensus is Hold, based on 7 Wall Street analysts. The breakdown includes 1 Strong Buy (14.29%), 1 Buy (14.29%), 5 Hold (71.43%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Hold
OCFC Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | OceanFirst Financial | 11.80% |
Sector | Financial Services Stocks | 3.56% |
Industry | Regional Banks Stocks | 8.84% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 3 |
Avg Price Target | - | - | $19.33 |
Last Closing Price | $17.29 | $17.29 | $17.29 |
Upside/Downside | - | - | 11.80% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jun, 25 | - | 3 | 4 | - | - | 7 |
May, 25 | - | 3 | 4 | - | - | 7 |
Apr, 25 | - | 3 | 4 | - | - | 7 |
Mar, 25 | - | 3 | 4 | - | - | 7 |
Feb, 25 | - | 3 | 4 | - | - | 7 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Oct 21, 2024 | Daniel Tamayo | Raymond James | $22.00 | $19.10 | 15.18% | 27.24% |
Oct 18, 2024 | Frank Schiraldi | Piper Sandler | $17.00 | $19.46 | -12.64% | -1.68% |
Jul 22, 2024 | Manuel Navas | D.A. Davidson | $19.00 | $17.47 | 8.76% | 9.89% |
Jan 05, 2024 | Daniel Tamayo | Raymond James | $21.00 | $17.23 | 21.88% | 21.46% |
May 02, 2022 | Raymond James | $28.00 | $18.86 | 48.46% | 61.94% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 21, 2024 | Raymond James | Outperform | Outperform | hold |
Oct 18, 2024 | Piper Sandler | Neutral | Neutral | hold |
May 31, 2024 | Raymond James | Underperform | Underperform | hold |
Jan 22, 2024 | Raymond James | Outperform | Outperform | hold |
Jan 05, 2024 | Raymond James | Outperform | upgrade | |
Dec 12, 2022 | Piper Sandler | Neutral | downgrade |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $1.02 | $1.79 | $2.43 | $1.70 | $1.72 | - | - |
Avg Forecast | $1.16 | $1.82 | $2.29 | $1.76 | $1.58 | $1.59 | $2.03 |
High Forecast | $1.18 | $1.85 | $2.34 | $1.82 | $1.62 | $1.79 | $2.24 |
Low Forecast | $1.13 | $1.77 | $2.26 | $1.73 | $1.55 | $1.47 | $1.90 |
Surprise % | -12.07% | -1.65% | 6.11% | -3.41% | 8.86% | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $367.16M | $352.09M | $431.60M | $385.68M | $642.17M | - | - |
Avg Forecast | $361.45M | $353.10M | $419.88M | $405.36M | $376.27M | $403.73M | $454.32M |
High Forecast | $366.79M | $358.32M | $426.86M | $407.33M | $379.10M | $415.86M | $463.20M |
Low Forecast | $354.75M | $346.56M | $414.82M | $402.77M | $373.71M | $395.73M | $439.10M |
Surprise % | 1.58% | -0.29% | 2.79% | -4.85% | 70.67% | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $63.31M | $110.08M | $146.60M | $104.03M | $100.06M | - | - |
Avg Forecast | $54.82M | $97.46M | $95.92M | $100.01M | $93.70M | $89.26M | $117.60M |
High Forecast | $69.76M | $116.95M | $115.10M | $120.02M | $95.76M | $105.62M | $131.93M |
Low Forecast | $39.87M | $77.97M | $76.74M | $80.01M | $91.64M | $86.84M | $111.72M |
Surprise % | 15.49% | 12.94% | 52.84% | 4.02% | 6.79% | - | - |