OceanFirst Financial (NASDAQ:OCFC – Get Free Report) is expected to announce its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect OceanFirst Financial to announce earnings of $0.42 per share and revenue of $135.6250 million for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Friday, July 31, 2026 at 11:00 AM ET.
OceanFirst Financial Trading Up 0.2%
OCFC opened at $19.60 on Tuesday. OceanFirst Financial has a one year low of $16.09 and a one year high of $20.61. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.00 and a quick ratio of 1.00. The business has a 50 day simple moving average of $18.84 and a two-hundred day simple moving average of $18.66. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of 16.75 and a beta of 0.98.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on the company. DA Davidson boosted their target price on OceanFirst Financial from $19.00 to $20.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. Piper Sandler set a $19.00 price target on OceanFirst Financial and gave the stock a “neutral” rating in a research note on Friday, June 12th. Finally, Weiss Ratings upgraded shares of OceanFirst Financial from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 29th. One analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $21.00.
Institutional Investors Weigh In On OceanFirst Financial
A number of institutional investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC increased its holdings in shares of OceanFirst Financial by 458.0% during the second quarter. Tower Research Capital LLC TRC now owns 8,526 shares of the savings and loans company’s stock valued at $150,000 after acquiring an additional 6,998 shares in the last quarter. CANADA LIFE ASSURANCE Co boosted its stake in OceanFirst Financial by 7.0% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 10,285 shares of the savings and loans company’s stock worth $181,000 after purchasing an additional 673 shares in the last quarter. Corient Private Wealth LLC bought a new position in OceanFirst Financial in the 4th quarter worth about $186,000. Millennium Management LLC purchased a new stake in OceanFirst Financial during the 4th quarter valued at about $192,000. Finally, nVerses Capital LLC purchased a new stake in OceanFirst Financial during the 4th quarter valued at about $215,000. 70.98% of the stock is owned by hedge funds and other institutional investors.
OceanFirst Financial Company Profile
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.
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