OceanFirst Financial Corp. (NASDAQ:OCFC) Given Consensus Recommendation of “Hold” by Analysts

Posted by Brenda Bartman on May 13th, 2026

Shares of OceanFirst Financial Corp. (NASDAQ:OCFC – Get Free Report) have received an average recommendation of “Hold” from the five brokerages that are currently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $21.6667.

OCFC has been the topic of a number of recent analyst reports. DA Davidson increased their price objective on OceanFirst Financial from $19.00 to $20.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of OceanFirst Financial in a research report on Tuesday, April 21st. Finally, Wall Street Zen upgraded OceanFirst Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, January 28th.

View Our Latest Analysis on OceanFirst Financial

Institutional Investors Weigh In On OceanFirst Financial

A number of large investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its position in OceanFirst Financial by 5.6% during the first quarter. Dimensional Fund Advisors LP now owns 3,409,103 shares of the savings and loans company’s stock valued at $61,499,000 after purchasing an additional 179,364 shares in the last quarter. Vanguard Group Inc. raised its position in OceanFirst Financial by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 3,407,118 shares of the savings and loans company’s stock valued at $61,158,000 after purchasing an additional 9,154 shares in the last quarter. Wellington Management Group LLP raised its position in OceanFirst Financial by 36.7% during the fourth quarter. Wellington Management Group LLP now owns 3,265,615 shares of the savings and loans company’s stock valued at $58,618,000 after purchasing an additional 877,311 shares in the last quarter. T. Rowe Price Investment Management Inc. purchased a new stake in OceanFirst Financial during the fourth quarter valued at about $38,976,000. Finally, Invesco Ltd. raised its position in OceanFirst Financial by 6.6% during the fourth quarter. Invesco Ltd. now owns 1,998,148 shares of the savings and loans company’s stock valued at $35,867,000 after purchasing an additional 123,691 shares in the last quarter. Hedge funds and other institutional investors own 70.98% of the company’s stock.

OceanFirst Financial Trading Down 0.4%

Shares of OCFC stock opened at $18.24 on Wednesday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.00 and a current ratio of 1.00. OceanFirst Financial has a 52-week low of $16.09 and a 52-week high of $20.61. The company has a market capitalization of $1.05 billion, a PE ratio of 15.59 and a beta of 1.01. The business’s fifty day moving average is $18.41 and its 200 day moving average is $18.66.

OceanFirst Financial (NASDAQ:OCFC – Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The savings and loans company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.04. OceanFirst Financial had a return on equity of 5.35% and a net margin of 10.04%.The company had revenue of $103.20 million for the quarter, compared to the consensus estimate of $143.25 million. On average, equities research analysts anticipate that OceanFirst Financial will post 1.83 EPS for the current fiscal year.

OceanFirst Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Monday, April 27th were given a dividend of $0.20 per share. The ex-dividend date was Monday, April 27th. This represents a $0.80 dividend on an annualized basis and a yield of 4.4%. OceanFirst Financial’s dividend payout ratio (DPR) is presently 68.38%.

About OceanFirst Financial

(Get Free Report)

OceanFirst Financial Corporation (NASDAQ: OCFC) is a bank holding company headquartered in Toms River, New Jersey, that provides a full range of community banking and financial services through its principal subsidiary, OceanFirst Bank. Established in the early 20th century, the company has built its business around serving the deposit, lending and wealth management needs of individuals, small businesses, municipalities and nonprofit organizations across New Jersey and portions of New York.

The company’s core activities include accepting consumer and business deposits, making commercial, municipal and consumer loans, and offering residential mortgage financing.