OceanFirst Financial (NASDAQ:OCFC) Hits New 1-Year Low – What’s Next?

Posted by Francis Steltz on Oct 21st, 2026

OceanFirst Financial Corp. (NASDAQ:OCFC – Get Free Report) shares hit a new 52-week low during mid-day trading on Monday. The stock traded as low as $15.65 and last traded at $15.6650, with a volume of 238,820 shares changing hands. The stock had previously closed at $15.83.

Analysts Set New Price Targets

A number of equities analysts have recently commented on OCFC shares. Piper Sandler lowered their price target on OceanFirst Financial from $21.00 to $18.00 and set a “neutral” rating for the company in a report on Tuesday, October 6th. Weiss Ratings downgraded OceanFirst Financial from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, September 25th. Five equities research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $20.33.

View Our Latest Stock Analysis on OceanFirst Financial

OceanFirst Financial Trading Up 3.0%

The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.97. The firm has a market capitalization of $1.55 billion, a price-to-earnings ratio of 18.93 and a beta of 1.02. The firm’s 50-day moving average is $17.88 and its 200 day moving average is $18.54.

OceanFirst Financial (NASDAQ:OCFC – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The savings and loans company reported $0.43 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.43. The firm had revenue of $131.33 million during the quarter, compared to analysts’ expectations of $135.62 million. OceanFirst Financial had a net margin of 6.38% and a return on equity of 5.34%. On average, equities analysts predict that OceanFirst Financial Corp. will post 1.76 earnings per share for the current fiscal year.

OceanFirst Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 21st. Investors of record on Monday, August 10th were paid a $0.20 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $0.80 annualized dividend and a dividend yield of 5.0%. OceanFirst Financial’s payout ratio is currently 94.12%.

Insider Buying and Selling at OceanFirst Financial

In related news, Director John Buran sold 113,463 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $19.40, for a total value of $2,201,182.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Brian Schaeffer sold 5,500 shares of the stock in a transaction on Monday, August 31st. The shares were sold at an average price of $18.91, for a total value of $104,005.00. Following the completion of the sale, the executive vice president owned 83,068 shares of the company’s stock, valued at $1,570,815.88. The trade was a 6.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 5.40% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of OCFC. State of Alaska Department of Revenue increased its position in shares of OceanFirst Financial by 62.7% during the third quarter. State of Alaska Department of Revenue now owns 3,784 shares of the savings and loans company’s stock worth $62,000 after buying an additional 1,458 shares during the period. Byrne Asset Management LLC raised its stake in OceanFirst Financial by 18.5% during the third quarter. Byrne Asset Management LLC now owns 10,940 shares of the savings and loans company’s stock worth $182,000 after buying an additional 1,710 shares during the last quarter. Versant Capital Management Inc raised its stake in OceanFirst Financial by 179.0% during the third quarter. Versant Capital Management Inc now owns 5,187 shares of the savings and loans company’s stock worth $86,000 after buying an additional 3,328 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in OceanFirst Financial in the second quarter valued at $81,000. Finally, Squarepoint Ops LLC lifted its holdings in OceanFirst Financial by 23.4% in the second quarter. Squarepoint Ops LLC now owns 142,674 shares of the savings and loans company’s stock valued at $2,786,000 after buying an additional 27,056 shares during the period. 70.98% of the stock is owned by institutional investors and hedge funds.

OceanFirst Financial Company Profile

(Get Free Report)

OceanFirst Financial Corp. (NASDAQ:OCFC) is the bank holding company for OceanFirst Bank, a full-service community bank headquartered in Toms River, New Jersey. The company provides banking and financial services to individuals, families, businesses, and nonprofit organizations.

OceanFirst Bank offers deposit products, residential and commercial real estate lending, business loans, consumer loans, mortgage services, online and mobile banking, and cash-management solutions. Through its wealth-management operations, the company also provides investment management, trust, and financial-planning services.

Founded in 1902, OceanFirst has grown from a savings institution serving the Jersey Shore into a regional banking organization.