OceanFirst Financial (NASDAQ:OCFC) Stock Price Breaks Above 50-Day Moving Average – Here’s What Happened

Posted by on Oct 30th, 2026

OceanFirst Financial Corp. (NASDAQ:OCFC – Get Free Report)’s share price crossed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $17.54 and traded as high as $17.78. OceanFirst Financial shares last traded at $17.68, with a volume of 2,602,906 shares changing hands.

Analyst Ratings Changes

A number of brokerages have issued reports on OCFC. Weiss Ratings lowered OceanFirst Financial from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, September 25th. Piper Sandler lowered their price target on OceanFirst Financial from $21.00 to $18.00 and set a “neutral” rating on the stock in a report on Tuesday, October 6th. Four equities research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, OceanFirst Financial currently has an average rating of “Hold” and a consensus target price of $19.00.

View Our Latest Stock Report on OceanFirst Financial

OceanFirst Financial Price Performance

The stock has a market capitalization of $1.73 billion, a price-to-earnings ratio of 10.18 and a beta of 1.02. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.97. The business has a 50-day simple moving average of $17.49 and a two-hundred day simple moving average of $18.47.

OceanFirst Financial (NASDAQ:OCFC – Get Free Report) last issued its quarterly earnings results on Tuesday, October 27th. The savings and loans company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.08. OceanFirst Financial had a return on equity of 6.55% and a net margin of 5.28%. The firm had revenue of $185.13 million during the quarter, compared to analyst estimates of $177.79 million. As a group, research analysts predict that OceanFirst Financial Corp. will post 1.76 earnings per share for the current fiscal year.

OceanFirst Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Monday, November 9th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Monday, November 9th. OceanFirst Financial’s payout ratio is presently 94.12%.

Insider Buying and Selling

In other OceanFirst Financial news, CFO Patrick Barrett purchased 5,000 shares of the company’s stock in a transaction on Friday, October 30th. The shares were purchased at an average cost of $17.90 per share, for a total transaction of $89,500.00. Following the completion of the transaction, the chief financial officer owned 152,350 shares in the company, valued at $2,727,065. The trade was a 3.39% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Buran sold 113,463 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $19.40, for a total transaction of $2,201,182.20. The disclosure for this sale is available in the SEC filing. 5.40% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On OceanFirst Financial

Several hedge funds have recently made changes to their positions in the business. Byrne Asset Management LLC increased its stake in OceanFirst Financial by 7.0% in the 2nd quarter. Byrne Asset Management LLC now owns 9,230 shares of the savings and loans company’s stock worth $180,000 after purchasing an additional 600 shares in the last quarter. Royal Bank of Canada raised its holdings in OceanFirst Financial by 1.3% during the 1st quarter. Royal Bank of Canada now owns 49,065 shares of the savings and loans company’s stock worth $885,000 after buying an additional 608 shares during the period. Quantinno Capital Management LP lifted its stake in OceanFirst Financial by 2.4% during the first quarter. Quantinno Capital Management LP now owns 29,567 shares of the savings and loans company’s stock valued at $533,000 after buying an additional 692 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in OceanFirst Financial by 6.8% during the first quarter. PNC Financial Services Group Inc. now owns 18,938 shares of the savings and loans company’s stock valued at $342,000 after buying an additional 1,205 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in OceanFirst Financial by 174.8% during the second quarter. GAMMA Investing LLC now owns 1,918 shares of the savings and loans company’s stock valued at $37,000 after buying an additional 1,220 shares in the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

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.

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