Stocks · Financial Services · Banks - Regional
OceanFirst Financial Corp. OCFC
$16.78 +0.66% Close, Oct 2, 2026 · NASDAQ · Market cap $1.01B
Weak trend
Next earnings report: Oct 28, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The diluted share count rose 21.3% in a year.
- The shares trade at 19.8× trailing earnings, higher than 95% of the company's own readings over the past five years.
- Operating margin narrowed to 9.0% from 16.8% a year earlier.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 43%
- EPS growth (TTM, YoY)Bottom 16%
- FCF growth (TTM, YoY)Top 11%
- Revenue growth, 3-year CAGRBottom 32%
- Revenue growth accelerationTop 14%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 32%
- Gross marginBottom 27%
- Operating marginBottom 20%
- Cash conversion (OCF / net income)Top 14%
- Accruals (lower is better)Top 49%
- Net debt / EBITDA (lower is better)Bottom 3%
- Interest coverBottom 14%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 42%
- Free-cash-flow yieldTop 30%
- EBITDA / enterprise valueBottom 30%
- Sales / enterprise valueBottom 32%
- P/E vs own 5-year history (lower is better)Bottom 7%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 50%
- 6-month returnBottom 11%
- 1-year return vs S&P 500Bottom 29%
- Distance from 52-week highBottom 27%
- Trend checklist (0–4)Bottom 9%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 46%
- Consecutive EPS beatsTop 29%
- Share of analysts rating BuyBottom 37%
- Upside to consensus price targetBottom 42%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 49%
- Maximum drawdown, 3 yearsBottom 46%
- Beta vs S&P 500 (lower is better)Bottom 28%
- Net debt / EBITDA (lower is better)Bottom 3%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -2.3% | 4.8% | ↑ |
| EPS growth (YoY) | -23.5% | -39.9% | ↓ |
| Gross margin | 55.2% | 54.9% | ↓ |
| Operating margin | 16.8% | 9.0% | ↓ |
| FCF margin | 6.4% | 15.9% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 4.8% | -2.3% | ↑ | Bottom 43% |
| EPS growth (TTM, YoY) | -39.9% | -23.5% | ↓ | Bottom 16% |
| Gross margin | 54.9% | 55.2% | ↓ | Bottom 27% |
| Operating margin | 9.0% | 16.8% | ↓ | Bottom 20% |
| Net margin | 6.8% | 13.0% | ↓ | — |
| Free-cash-flow margin | 15.9% | 6.4% | ↑ | — |
| Return on invested capital | 0.2% | — | Bottom 32% | |
| Revenue growth, 3-year CAGR | 10.5% | — | Bottom 32% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.54×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -0.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +103.0 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 25.95×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 0.2×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 4.53%
- Net buyback yield (TTM)
- -20.34%
- Shareholder yield
- -15.80%
- Share count change, 1 year
- +21.3%
- Share count change, 3-year CAGR
- +5.9%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 7, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 4
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +5.4%
- Average 2-day reaction, last 8
- +0.2%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $19.00
- Target vs current price
- +13.2%
- Analysts with a rating
- 8
- Share rating Buy or Strong Buy
- 38%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | +0.5% | -0.5% | +0.7% | -3.6% | — |
| Apr 23, 2026 | +10.3% | +1.5% | +0.5% | +0.1% | +5.6% |
| Jan 22, 2026 | +5.1% | +0.5% | -4.5% | +0.7% | +0.7% |
| Oct 22, 2025 | +5.9% | +1.6% | -1.5% | -7.2% | -3.6% |
| Jul 24, 2025 | -6.1% | -1.9% | -7.5% | -5.0% | -4.4% |
| Apr 24, 2025 | +0.0% | +0.9% | +1.3% | +3.7% | +13.9% |
| Jan 24, 2025 | +3.2% | -1.8% | -5.8% | -7.6% | -17.9% |
| Oct 17, 2024 | +2.6% | +1.6% | -5.2% | +8.1% | -3.7% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | $0.43 | $0.43 | +0.5% | $131.3M |
| Apr 23, 2026 | $0.43 | $0.39 | +10.3% | $103.2M |
| Jan 22, 2026 | $0.41 | $0.39 | +5.1% | $104.7M |
| Oct 22, 2025 | $0.36 | $0.34 | +5.9% | $101.8M |
| Jul 24, 2025 | $0.31 | $0.33 | -6.1% | $96.3M |
| Apr 24, 2025 | $0.35 | $0.35 | +0.0% | $96.7M |
| Jan 24, 2025 | $0.38 | $0.37 | +3.2% | $94.4M |
| Oct 17, 2024 | $0.39 | $0.38 | +2.6% | $95.8M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 19.8× | 11.3× | 95th | Bottom 42% |
| P/E (forward) | 9.5× | — | — | — |
| EV / EBITDA | 39.0× | — | — | Bottom 30% |
| EV / Sales | 4.28× | — | — | Bottom 32% |
| Free-cash-flow yield | 11.14% | — | — | Top 30% |
| Earnings yield | 5.05% | — | — | Bottom 42% |
P/E over the past five years
Range 6.2× – 22.9× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -3.3%
- Earnings per share growth (TTM)
- -39.9%
- Change in P/E multiple
- +98.2%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -3.4%
- 200-day average slope (20 days)
- -0.6%
- Distance from 50-day average
- -10.3%
- Distance from 200-day average
- -10.3%
- RSI (14)
- 29.6
- Relative volume
- 0.95×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 20.5%
- Volatility vs own 5-year history
- 0th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.89
- Correlation with S&P 500
- 0.48
- Current drawdown from 1-year high
- -17.7%
- Maximum drawdown, 3 years
- -30.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Mar 19, 2021 | Oct 25, 2023 | -50.7% | 655 days | Not yet recovered |
| Oct 23, 2020 | Nov 4, 2020 | -16.0% | 8 days | 14 days (Nov 24, 2020) |
| Jan 14, 2021 | Jan 29, 2021 | -11.7% | 10 days | 10 days (Feb 12, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $1.01B
- P/E (TTM)
- 19.8
- EPS, diluted (TTM)
- $0.85
- Revenue (TTM)
- $707.3M
- Dividend yield
- 4.77%
- 52-week range
- $16.16 – $20.61
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $388.8M | $485.3M | $637.0M | $687.9M | $655.6M |
| Gross profit | $363.9M | $423.8M | $381.0M | $372.1M | $357.2M |
| Operating income | $142.2M | $193.9M | $136.8M | $130.7M | $92.5M |
| Net income | $110.1M | $146.6M | $104.0M | $100.1M | $71.0M |
| EPS (diluted) | $1.78 | $2.42 | $1.70 | $1.65 | $1.17 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $175.1M | $170.7M | $163.8M | $165.4M | $173.3M | $157.9M | $166.5M | $209.6M |
| Net income | $25.1M | $21.9M | $21.5M | $19.0M | $17.3M | $13.1M | $20.5M | -$3.0M |
| EPS (diluted) | $0.42 | $0.36 | $0.35 | $0.28 | $0.30 | $0.23 | $0.36 | -$0.04 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $160.0M | $250.4M | $124.3M | $92.2M | $87.2M |
| Capital expenditure | -$42.0M | -$20.9M | -$7.7M | -$7.6M | -$7.7M |
| Free cash flow | $117.9M | $229.6M | $116.6M | $84.7M | $79.5M |
| Dividends paid | -$44.5M | -$47.5M | -$51.3M | -$50.9M | -$48.2M |
| Net share buybacks | -$36.1M | -$7.4M | $702,000 | -$20.9M | -$81.6M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $2.34B
- Total assets
- $23.27B
- Total liabilities
- $20.86B
- Total debt
- $2.29B
- Net debt
- $2.01B
- Shareholders’ equity
- $2.41B
As of Jun 30, 2026 (filed Aug 7, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 10, 2026 | $0.20 | Aug 21, 2026 |
| Apr 27, 2026 | $0.20 | May 8, 2026 |
| Feb 2, 2026 | $0.20 | Feb 13, 2026 |
| Nov 3, 2025 | $0.20 | Nov 14, 2025 |
| Aug 4, 2025 | $0.20 | Aug 15, 2025 |
| May 5, 2025 | $0.20 | May 16, 2025 |
| Feb 3, 2025 | $0.20 | Feb 14, 2025 |
| Nov 4, 2024 | $0.20 | Nov 15, 2024 |
Short interest
- Shares sold short
- 4,996,038
- Days to cover
- 6.27
- Change vs previous report
- +5.9%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- May 20, 2002
- 3-for-2
- May 18, 1998
- 2-for-1