Northfield Bancorp: Over 5% Dividend Yield, Attractive Valuation (Rating Upgrade) [Seeking Alpha]
Northfield Bancorp, Inc. (NFBK)
Last northfield bancorp, inc. earnings: 4/29 06:58 pm
Check Earnings Report
US:NASDAQ Investor Relations:
snl.com/irweblinkx/corporateprofile.aspx?iid=4087277
Company Research
Source: Seeking Alpha
Northfield Bancorp's earnings will likely remain flat as operating expense growth will counter loan and margin growth. The December 2024 target price suggests a price upside of over 22%. NFBK is currently offering a dividend yield of 5.2%. The dividend payout appears secure. Earnings of Northfield Bancorp, Inc. (Staten Island, NY) ( NASDAQ: NFBK ) will likely receive a small boost from slight loan growth and margin expansion. On the other hand, a normal growth in operating expenses will restrict earnings growth. Overall, I'm expecting Northfield Bancorp to report earnings of $0.86 per share for 2024, almost unchanged from last year's earnings. The year-end target price suggests a high upside from the current market price. Additionally, the stock offers a high dividend yield. As a result, I'm adopting a Buy rating on Northfield Bancorp. Loan Growth Outlook Is Mixed The loan portfolio continued to decrease in size in the last quarter of 2023, leading to a full-year dip of 0.8
Show less
Read more
Impact Snapshot
Event Time:
NFBK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NFBK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NFBK alerts
High impacting Northfield Bancorp, Inc. news events
Weekly update
A roundup of the hottest topics
NFBK
News
- Northfield Bancorp, Inc. Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Northfield Bancorp, Inc. Announces First Quarter 2024 ResultsGlobeNewswire
- Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ: NFBK) had its price target lowered by analysts at Keefe, Bruyette & Woods from $12.00 to $11.00. They now have a "market perform" rating on the stock.MarketBeat
- Shareholders in Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) are in the red if they invested three years ago [Yahoo! Finance]Yahoo! Finance
- Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ: NFBK) was downgraded by analysts at TheStreet from a "b-" rating to a "c+" rating.MarketBeat
NFBK
Earnings
- 4/24/24 - Miss
NFBK
Analyst Actions
- 3/4/24 - TheStreet
NFBK
Sec Filings
- 4/26/24 - Form 4/A
- 4/26/24 - Form 4/A
- 4/26/24 - Form 4/A
- NFBK's page on the SEC website