OceanFirst Financial: The 7.1% Fixed-To-Floating Preferred Remains Very Attractive [Seeking Alpha]
OceanFirst Financial Corp. (OCFC)
Last oceanfirst financial corp. earnings: 4/23 08:40 pm
Check Earnings Report
US:NASDAQ Investor Relations:
oceanfirstonline.com/home/home
Company Research
Source: Seeking Alpha
The bank's preferred shares have well-covered dividends and are expected to continue increasing in value towards the $25 call price. The bank's common shares are currently trading at a discount to tangible book value and have a low earnings multiple, making them an attractive investment option. Looking for more investing ideas like this one? Get them exclusively at European Small-Cap Ideas. Learn More » Introduction OceanFirst Financial ( NASDAQ: OCFC ) is a regional bank focusing on New Jersey, New York and Pennsylvania . Headquartered in New Jersey, the bank strictly focuses on those three states which does cause a ‘concentration risk' but the strong focus on just three states could also be seen as an advantage as the bank employees and officers are likely to have a very detailed knowledge of the area they operate in. The bank does have a relatively sizeable exposure to commercial real estate which represents over 50% of the loan book while residential also makes up an im
Show less
Read more
Impact Snapshot
Event Time:
OCFC
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
OCFC 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
OCFC alerts
High impacting OceanFirst Financial Corp. news events
Weekly update
A roundup of the hottest topics
OCFC
News
- OceanFirst Financial (NASDAQ:OCFC) Has Announced A Dividend Of $0.20 [Yahoo! Finance]Yahoo! Finance
- OceanFirst Financial Corp. (NASDAQ: OCFC) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- OceanFirst Financial Corp. (NASDAQ: OCFC) had its price target lowered by analysts at Raymond James from $22.00 to $20.00. They now have an "outperform" rating on the stock.MarketBeat
- OceanFirst Financial Corp. (NASDAQ:OCFC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- OceanFirst Financial Corp. (NASDAQ: OCFC) had its "outperform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $19.00 price target on the stock, down previously from $22.00.MarketBeat
OCFC
Earnings
- 4/18/24 - Beat
OCFC
Sec Filings
- 4/18/24 - Form 8-K
- 4/11/24 - Form ARS
- 4/11/24 - Form DEF
- OCFC's page on the SEC website