Comments
Loading...

OceanFirst Financial

OCFCNASDAQ
Logo brought to you by Benzinga Data
$20.49
0.030.15%
At close: -
$20.49
00.00%
After Hours: 4:00 PM EDT
Consensus Rating1
Outperform
Highest Price Target1
$28.00
Lowest Price Target1
$15.00
Consensus Price Target1
$20.29

OceanFirst Financial (NASDAQ:OCFC) Stock, Analyst Ratings, Price Targets, Forecasts

OceanFirst Financial Corp has a consensus price target of $20.29 based on the ratings of 7 analysts. The high is $28 issued by Raymond James on May 2, 2022. The low is $15 issued by Piper Sandler on October 23, 2023. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods, Raymond James, and Keefe, Bruyette & Woods on May 31, 2024, April 22, 2024, and April 22, 2024, respectively. With an average price target of $19 between Keefe, Bruyette & Woods, Raymond James, and Keefe, Bruyette & Woods, there's an implied -7.27% downside for OceanFirst Financial Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.9
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Keefe, Bruyette & Woods
Raymond James
Stephens & Co.
Piper Sandler
DA Davidson

1calculated from analyst ratings

Analyst Ratings for OceanFirst Financial

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for OceanFirst Financial (OCFC) stock?

A

The latest price target for OceanFirst Financial (NASDAQ:OCFC) was reported by Keefe, Bruyette & Woods on May 31, 2024. The analyst firm set a price target for $18.00 expecting OCFC to fall to within 12 months (a possible -12.15% downside). 6 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for OceanFirst Financial (OCFC)?

A

The latest analyst rating for OceanFirst Financial (NASDAQ:OCFC) was provided by Keefe, Bruyette & Woods, and OceanFirst Financial downgraded their market perform rating.

Q

When was the last upgrade for OceanFirst Financial (OCFC)?

A

The last upgrade for OceanFirst Financial Corp happened on January 5, 2024 when Raymond James raised their price target to $21. Raymond James previously had a market perform for OceanFirst Financial Corp.

Q

When was the last downgrade for OceanFirst Financial (OCFC)?

A

The last downgrade for OceanFirst Financial Corp happened on May 31, 2024 when Keefe, Bruyette & Woods changed their price target from $19 to $18 for OceanFirst Financial Corp.

Q

When is the next analyst rating going to be posted or updated for OceanFirst Financial (OCFC)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of OceanFirst Financial, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for OceanFirst Financial was filed on May 31, 2024 so you should expect the next rating to be made available sometime around May 31, 2025.

Q

Is the Analyst Rating OceanFirst Financial (OCFC) correct?

A

While ratings are subjective and will change, the latest OceanFirst Financial (OCFC) rating was a downgraded with a price target of $19.00 to $18.00. The current price OceanFirst Financial (OCFC) is trading at is $20.49, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch