$17.84
0.91% yesterday
Nasdaq, Dec 30, 10:00 pm CET
ISIN
US6752341080
Symbol
OCFC
Sector
Industry

OceanFirst Financial Corp. Target price 2024 - Analyst rating & recommendation

OceanFirst Financial Corp. Classifications & Recommendation:

Buy
43%
Hold
57%

OceanFirst Financial Corp. Price Target

Target Price $21.79
Price $17.84
Potential
Number of Estimates 7
7 Analysts have issued a price target OceanFirst Financial Corp. 2025 . The average OceanFirst Financial Corp. target price is $21.79. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 7 analysts: 3 Analysts recommend OceanFirst Financial Corp. to buy, 4 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the OceanFirst Financial Corp. stock has an average upside potential 2025 of . Most analysts recommend the OceanFirst Financial Corp. stock at Hold.

Sales and Margin forecast 2024, 2025 & 2026

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 639.87 376.27
32.78% 41.20%
Net Margin 15.52% 25.59%
47.10% 64.93%

6 Analysts have issued a sales forecast OceanFirst Financial Corp. 2024 . The average OceanFirst Financial Corp. sales estimate is

$376m
Unlock
. This is
45.69% lower
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
$378m 45.41%
Unlock
, the lowest is
$375m 45.94%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2023 $640m 32.78%
2024
$376m 41.20%
Unlock
2025
$403m 6.99%
Unlock
2026
$452m 12.27%
Unlock

7 OceanFirst Financial Corp. Analysts have issued a net profit forecast 2024. The average OceanFirst Financial Corp. net profit estimate is

$96.3m
Unlock
. This is
5.25% lower
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
$98.7m 2.87%
Unlock
, the lowest is
$94.6m 6.89%
Unlock
.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $99.3m 29.75%
2024
$96.3m 3.02%
Unlock
2025
$94.0m 2.35%
Unlock
2026
$121m 28.48%
Unlock

Net Margin

2023 15.52% 47.10%
2024
25.59% 64.93%
Unlock
2025
23.36% 8.71%
Unlock
2026
26.73% 14.43%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 1.70 1.65
29.75% 2.94%
P/E 10.72
EV/Sales 5.93

7 Analysts have issued a OceanFirst Financial Corp. forecast for earnings per share. The average OceanFirst Financial Corp. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$1.65
Unlock
. This is
5.17% lower
Unlock
than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$1.69 2.87%
Unlock
, the lowest is
$1.62 6.90%
Unlock
.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $1.70 29.75%
2024
$1.65 2.94%
Unlock
2025
$1.61 2.42%
Unlock
2026
$2.07 28.57%
Unlock

P/E ratio

Current 10.18 24.30%
2024
10.72 5.30%
Unlock
2025
10.98 2.43%
Unlock
2026
8.55 22.13%
Unlock

Based on analysts' sales estimates for 2024, the OceanFirst Financial Corp. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 3.22 31.97%
2024
5.93 84.15%
Unlock
2025
5.54 6.53%
Unlock
2026
4.94 10.93%
Unlock

P/S ratio

Current 1.49 9.50%
2024
2.75 84.11%
Unlock
2025
2.57 6.53%
Unlock
2026
2.29 10.92%
Unlock

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today