How to Buy Oceanfirst Financial Stock
Oceanfirst Financial Corp
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N. A. that provides community banking services.
Oceanfirst Financial stock last closed at $15.18, up 4.04% from the previous day, and has decreased 14.43% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.24 percentage points. Oceanfirst Financial stock is currently +26.45% from its 52-week low of $12.01, and -22.47% from its 52-week high of $19.58.
There are currently 58.95M shares of OCFC outstanding. The market cap of OCFC is $894.91M. In the last 24 hours, 358,566 OCFC shares were traded.
How to Buy Oceanfirst Financial Stock
Wondering how to invest in Oceanfirst Financial stock? Here's how.
- Decide where to buy Oceanfirst Financial stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Oceanfirst Financial stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Select your payment method and add your details.
- Research Oceanfirst Financial stock: The Oceanfirst Financial ticker symbol is OCFC. Is Oceanfirst Financial stock a good investment? Should you buy shares of OCFC? How do OCFC's underlying business fundamentals look? Do top analysts think Oceanfirst Financial is a good buy? Why has OCFC's stock price moved recently? (Hint: Our stock research website can help you figure out if OCFC is a good stock to buy).
- Execute your OCFC purchase: Decide if you will purchase OCFC shares at the current market price or use a limit order to buy OCFC stock at a particular price.
- Get key alerts regarding your OCFC investment: Create a watchlist to get live updates on your new investment in Oceanfirst Financial stock.
Step 1: Decide where to buy Oceanfirst Financial stock
You will need an online brokerage account in order to access the NASDAQ market and buy OCFC stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the right brokerage, you need to fill out some personal information so you can buy OCFC stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new trading account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have filled out your info on one of the best stock market apps, you need to deposit funds:
Watch this video walkthrough for more details transferring money into your new brokerage account.
Step 4: Research Oceanfirst Financial stock
After you have chosen the best place to buy Oceanfirst Financial stock, it's important to research their stock before you invest, so you can wrap your head around the risk as well as the opportunity.
Oceanfirst Financial stock at a glance
OCFC Fundamentals
WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on OCFC's stock page.
What is the fair value of OCFC stock?
Investors use many financial metrics, analyses, models, and charts to gauge OCFC's fair value.
Using relative valuations measures:
- OCFC may be undervalued based on its P/E ratio of 8.93x, relative to Banks - Regional industry P/E ratio of -10.33x
- OCFC may be undervalued based on its P/B ratio of 0.54x, relative to Banks - Regional industry P/B ratio of 0.97x
- OCFC may be overvalued based on its PEG ratio of 6.13x
You can access additional valuation analysis on OCFC's stock here.
OCFC Financial Summary
Pros:
- OCFC earnings of $136.73M is not enough to cover its interest payments.
Cons:
- OCFC's operating cash flow of $124.26M allows it to safely service it's debt of $1.14B.
- Total OCFC debt is higher than 5 years ago, relative to shareholder equity.
- OCFC profit margin has gone down from 33.3% to 25.9% in the past year.
- OCFC has a relatively high debt to equity ratio of 7.15.
Is OCFC stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Wall Street analysts who track OCFC, the consensus analyst rating on Oceanfirst Financial is a Hold
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Oceanfirst Financial stock forecast page.
OCFC Technical Indicators
OCFC Growth Numbers
Last year, OCFC earnings were $100.01M. During the past 5 year, OCFC's earnings have increased by 2% per year. This was slower than the Banks - Regional industry average of 16.23%.
Last year, OCFC revenue was $385.68M. During the past five year, OCFC's revenue has increased by 7.25% per year. This was slower than the Banks - Regional industry average of 7.35%.
Dig into OCFC's earnings and revenue performance here.
Are OCFC executives and large shareholders buying or selling the stock?
Over the last 12 months, executives and large shareholders at OCFC have sold more shares than they have bought.
Michele B. Estep, was the latest OCFC insider to sell. They sold $102,592.98 worth of OCFC shares on Mar 5, 2024.
Dig into more about who owns OCFC stock here.
Does OCFC stock generate passive income?
Oceanfirst Financial pays a dividend of 5.27%, compared to the Banks - Regional industry's average dividend yield of 3.89%. If you owned $1,000 worth of OCFC stock, you would have received $52.70 in the past 12 months.
Oceanfirst Financial dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Oceanfirst Financial dividend yield and history here.
OCFC Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your OCFC purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, use a limit order.
Press the Open Trade button and eToro will execute the order.
If you need more assistance investing in stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your OCFC investment
Now that you own some OCFC shares, you'll want to stay up-to-date on your shares.
Create a watchlist to track your OCFC stock.
OCFC Feed
How to Buy Stock in Oceanfirst Financial
To summarize, here are the 6 steps to buy Oceanfirst Financial stock:
- Decide where to buy Oceanfirst Financial stock
- Create a brokerage account
- Deposit money your brokerage account
- Research Oceanfirst Financial stock
- Execute your OCFC purchase
- Get key alerts regarding your OCFC investment
If you need a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your new investment in Oceanfirst Financial, hit the button below to create your watchlist.
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