NASDAQ:OCFC - OceanFirst Financial Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $23.33
  • Forecasted Upside: 9.86 %
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 3 Buy Ratings
  • 1 Strong Buy Ratings
$21.24
▲ +0.33 (1.58%)

This chart shows the closing price for OCFC by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New OceanFirst Financial Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for OCFC and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for OCFC

Analyst Price Target is $23.33
▲ +9.86% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for OceanFirst Financial in the last 3 months. The average price target is $23.33, with a high forecast of $28.00 and a low forecast of $17.00. The average price target represents a 9.86% upside from the last price of $21.24.

This chart shows the closing price for OCFC for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Buy

The current consensus among 6 investment analysts is to buy stock in OceanFirst Financial. This rating has held steady since October 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 1 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/1/2020
  • 1 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/31/2020
  • 1 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/29/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/27/2020
  • 1 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/26/2020
  • 1 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/26/2021
  • 1 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/25/2021
  • 1 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/24/2021

Latest Recommendations

  • 1 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/12/2021StephensReiterated RatingOverweight ➝ Equal Weight$24.00Low
5/6/2021StephensDowngradeOverweight ➝ Equal Weight$24.00Low
3/24/2021Seaport Global SecuritiesInitiated CoverageBuy$28.00Low
2/1/2021Boenning ScattergoodUpgradeNeutral ➝ Outperform$24.00Low
1/13/2021Boenning ScattergoodReiterated RatingNeutralMedium
1/7/2021Raymond JamesBoost Price TargetStrong-Buy$19.00 ➝ $23.00N/A
12/17/2020DA DavidsonUpgradeNeutral ➝ Buy$17.00 ➝ $24.00High
11/2/2020Raymond JamesLower Price TargetStrong-Buy$21.00 ➝ $19.00High
9/28/2020Piper SandlerLower Price TargetNeutral$18.00 ➝ $17.00Low
4/30/2020StephensUpgradeEqual Weight ➝ OverweightHigh
4/1/2020Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ Outperform$20.00Medium
11/6/2019StephensReiterated RatingHold$25.50Low
10/29/2019StephensInitiated CoverageEqual ➝ Equal WeightLow
8/29/2019Raymond JamesUpgradeOutperform ➝ Strong-Buy$25.00High
8/12/2019Raymond JamesLower Price TargetOutperform$27.00 ➝ $25.00Medium
8/12/2019DA DavidsonDowngradeBuy ➝ Neutral$27.00 ➝ $21.50High
7/30/2019DA DavidsonReiterated RatingBuyLow
7/29/2019Sandler O'NeillDowngradeBuy ➝ HoldHigh
7/29/2019Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$29.00 ➝ $26.50High
4/29/2019FIG PartnersReiterated RatingOutperformLow
4/29/2019Boenning ScattergoodReiterated RatingHoldHigh
3/4/2019Boenning ScattergoodDowngradeOutperform ➝ NeutralHigh
1/25/2019Boenning ScattergoodReiterated RatingBuy$28.00Low
12/21/2018Boenning ScattergoodInitiated CoverageOutperform ➝ Outperform$28.00Low
6/28/2018Raymond JamesInitiated CoverageOutperform$33.00Low
6/25/2018Hovde GroupReiterated RatingBuy$34.00Low
5/24/2018DA DavidsonBoost Price TargetBuy ➝ Buy$33.00 ➝ $34.00Low
2/12/2018Piper Jaffray CompaniesReiterated RatingBuy$32.00Low
12/22/2017Keefe, Bruyette & WoodsReiterated RatingBuy$37.00Low
10/27/2017Piper Jaffray CompaniesReiterated RatingBuy$31.00N/A
10/9/2017Hovde GroupInitiated CoverageOutperform ➝ Outperform$32.00N/A
9/21/2017DA DavidsonInitiated CoverageBuy$31.00Medium
9/20/2017Sandler O'NeillUpgradeHold ➝ Buy$29.00High
5/3/2017Keefe, Bruyette & WoodsReiterated RatingBuy$32.00Low
1/30/2017Sandler O'NeillDowngradeBuy ➝ HoldN/A
(Data available from 6/24/2016 forward)
OceanFirst Financial logo
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. The company accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. It also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans; and commercial and industrial loans, and lines of credit. In addition, the company invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, it offers bankcard, wealth management, and trust and asset management services; and sells alternative investment products and life insurance products. As of December 31, 2020, the company operated through its branch office in Toms River; administrative/branch office located in Red Bank; 61 additional branch offices and six deposit production facilities located throughout central and southern New Jersey; and commercial loan production offices in New York City, the Philadelphia area, as well as Atlantic, and Mercer Counties in New Jersey. OceanFirst Financial Corp. was founded in 1902 and is based in Red Bank, New Jersey.
Read More

Today's Range

Now: $21.24
Low: $20.84
High: $21.25

50 Day Range

MA: $22.29
Low: $20.36
High: $23.50

52 Week Range

Now: $21.24
Low: $13.14
High: $25.76

Volume

120,665 shs

Average Volume

294,784 shs

Market Capitalization

$1.28 billion

P/E Ratio

16.59

Dividend Yield

3.25%

Beta

0.98

Frequently Asked Questions

What sell-side analysts currently cover shares of OceanFirst Financial?

The following Wall Street sell-side analysts have issued reports on OceanFirst Financial in the last twelve months: Boenning Scattergood, DA Davidson, Piper Sandler, Raymond James, Seaport Global Securities, Stephens, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for OCFC.

What is the current price target for OceanFirst Financial?

6 Wall Street analysts have set twelve-month price targets for OceanFirst Financial in the last year. Their average twelve-month price target is $23.33, suggesting a possible upside of 9.9%. Seaport Global Securities has the highest price target set, predicting OCFC will reach $28.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $17.00 for OceanFirst Financial in the next year.
View the latest price targets for OCFC.

What is the current consensus analyst rating for OceanFirst Financial?

OceanFirst Financial currently has 2 hold ratings, 3 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe OCFC will outperform the market and that investors should add to their positions of OceanFirst Financial.
View the latest ratings for OCFC.

What other companies compete with OceanFirst Financial?

How do I contact OceanFirst Financial's investor relations team?

OceanFirst Financial's physical mailing address is 110 West Front Street, Red Bank NJ, 07701. The savings and loans company's listed phone number is 732-240-4500 and its investor relations email address is [email protected] The official website for OceanFirst Financial is www.oceanfirst.com.