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NASDAQ: OCFC
Oceanfirst Financial Corp Stock Forecast, Predictions & Price Target

Analyst price target for OCFC

Based on 3 analysts offering 12 month price targets for Oceanfirst Financial Corp.
Min Forecast
$18.00+4.35%
Avg Forecast
$19.33+12.08%
Max Forecast
$20.00+15.94%

Should I buy or sell OCFC stock?

Based on 3 analysts offering ratings for Oceanfirst Financial Corp.
Hold
Strong Buy
0 analysts 0%
Buy
1 analysts 33.33%
Hold
2 analysts 66.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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OCFC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-31
lockedlocked$00.00+00.00%2024-04-22
lockedlocked$00.00+00.00%2024-04-19

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Forecast return on equity

Is OCFC forecast to generate an efficient return?
Company
7.4%
Industry
156.69%
Market
53.02%
OCFC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is OCFC forecast to generate an efficient return on assets?
Company
0.93%
Industry
14.37%
OCFC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

OCFC earnings per share forecast

What is OCFC's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$1.58-4.94%
Avg 2 year Forecast
$1.72+3.37%
Avg 3 year Forecast
$2.12+27.71%
OCFC's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

OCFC revenue forecast

What is OCFC's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$376.8M+0.2%
Avg 2 year Forecast
$393.2M+4.56%
Avg 3 year Forecast
$421.7M+12.14%
OCFC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

OCFC earnings growth forecast

How is OCFC forecast to perform vs Banks - Regional companies and vs the US market?
Company
3.24%
Industry
10.75%
Market
19.26%
OCFC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
OCFC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
OCFC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

OCFC revenue growth forecast

How is OCFC forecast to perform vs Banks - Regional companies and vs the US market?
Company
2.65%
Industry
3.16%
Market
8.34%
OCFC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
OCFC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

OCFC vs Bank Stocks

TickerPricePrice TargetUp/downsideConsensus
OCFC$17.25$19.33+12.08%Hold
SBSI$32.73N/AN/A
OBK$31.31$36.67+17.11%Buy
DCOM$24.79$27.25+9.92%Buy
FBMS$31.09$40.00+28.66%Buy

Oceanfirst Financial Stock Forecast FAQ

Is Oceanfirst Financial Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: OCFC) stock is to Hold OCFC stock.

Out of 3 analysts, 0 (0%) are recommending OCFC as a Strong Buy, 1 (33.33%) are recommending OCFC as a Buy, 2 (66.67%) are recommending OCFC as a Hold, 0 (0%) are recommending OCFC as a Sell, and 0 (0%) are recommending OCFC as a Strong Sell.

If you're new to stock investing, here's how to buy Oceanfirst Financial stock.

What is OCFC's earnings growth forecast for 2024-2026?

(NASDAQ: OCFC) Oceanfirst Financial's forecast annual earnings growth rate of 3.24% is not forecast to beat the US Banks - Regional industry's average forecast earnings growth rate of 10.75%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.26%.

Oceanfirst Financial's earnings in 2024 is $97,373,000.On average, 5 Wall Street analysts forecast OCFC's earnings for 2024 to be $92,288,412, with the lowest OCFC earnings forecast at $87,726,627, and the highest OCFC earnings forecast at $95,329,601. On average, 5 Wall Street analysts forecast OCFC's earnings for 2025 to be $100,359,261, with the lowest OCFC earnings forecast at $91,820,536, and the highest OCFC earnings forecast at $114,044,615.

In 2026, OCFC is forecast to generate $123,986,966 in earnings, with the lowest earnings forecast at $123,986,966 and the highest earnings forecast at $123,986,966.

What is OCFC's revenue growth forecast for 2024-2026?

(NASDAQ: OCFC) Oceanfirst Financial's forecast annual revenue growth rate of 2.65% is not forecast to beat the US Banks - Regional industry's average forecast revenue growth rate of 3.16%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.34%.

Oceanfirst Financial's revenue in 2024 is $376,060,000.On average, 3 Wall Street analysts forecast OCFC's revenue for 2024 to be $22,036,928,702, with the lowest OCFC revenue forecast at $21,814,687,914, and the highest OCFC revenue forecast at $22,265,017,933. On average, 3 Wall Street analysts forecast OCFC's revenue for 2025 to be $22,996,073,158, with the lowest OCFC revenue forecast at $22,633,469,766, and the highest OCFC revenue forecast at $23,224,162,388.

In 2026, OCFC is forecast to generate $24,662,879,071 in revenue, with the lowest revenue forecast at $24,662,879,071 and the highest revenue forecast at $24,662,879,071.

What is OCFC's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: OCFC) forecast ROA is 0.93%, which is lower than the forecast US Banks - Regional industry average of 14.37%.

What is OCFC's Price Target?

According to 3 Wall Street analysts that have issued a 1 year OCFC price target, the average OCFC price target is $19.33, with the highest OCFC stock price forecast at $20.00 and the lowest OCFC stock price forecast at $18.00.

On average, Wall Street analysts predict that Oceanfirst Financial's share price could reach $19.33 by May 31, 2025. The average Oceanfirst Financial stock price prediction forecasts a potential upside of 12.08% from the current OCFC share price of $17.25.

What is OCFC's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: OCFC) Oceanfirst Financial's current Earnings Per Share (EPS) is $1.66. On average, analysts forecast that OCFC's EPS will be $1.58 for 2024, with the lowest EPS forecast at $1.50, and the highest EPS forecast at $1.63. On average, analysts forecast that OCFC's EPS will be $1.72 for 2025, with the lowest EPS forecast at $1.57, and the highest EPS forecast at $1.95. In 2026, OCFC's EPS is forecast to hit $2.12 (min: $2.12, max: $2.12).

What is OCFC's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: OCFC) forecast ROE is 7.4%, which is considered weak.
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