OceanFirst Financial
(NASDAQ:OCFC)
$15.44
0.46[3.07%]
At close: Apr 23
$15.44
0[0.00%]
After Hours: 4:00PM EDT
Q1 2024 Earnings were released on Thu Apr 18th, after the market close
The most recent conference call was at 11:00 AM, 4 days ago Click to view past webcast
Consensus Rating1
Outperform
Highest Price Target1
$28.00
Lowest Price Target1
$15.00
Consensus Price Target1
$20.43

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

OceanFirst Financial Corp has a consensus price target of $20.43, established from looking at the 19 latest analyst ratings. The last 3 analyst ratings were released from Raymond James, Keefe, Bruyette & Woods, and Stephens & Co. on April 22, 2024, April 22, 2024, and April 19, 2024. With an average price target of $19.67 between Raymond James, Keefe, Bruyette & Woods, and Stephens & Co., there's an implied 27.37% upside for OceanFirst Financial Corp from these 3 analyst ratings.

Analyst Trend
2
Jan
2
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.6
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

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

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for OceanFirst Financial

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Get Alert
04/22/2024OCFCBuy Now
OceanFirst Financial
$15.4429.53%Raymond James
Daniel Tamayo
$22 → $20MaintainsOutperformGet Alert
04/22/2024OCFCBuy Now
OceanFirst Financial
$15.4423.06%Keefe, Bruyette & Woods
Timothy Switzer
$22 → $19ReiteratesOutperform → OutperformGet Alert
04/19/2024OCFCBuy Now
OceanFirst Financial
$15.4429.53%Stephens & Co.
Matt Breese
→ $20ReiteratesEqual-Weight → Equal-WeightGet Alert
01/22/2024OCFCBuy Now
OceanFirst Financial
$15.4442.49%Raymond James
Daniel Tamayo
$21 → $22MaintainsOutperformGet Alert
01/05/2024OCFCBuy Now
OceanFirst Financial
$15.4436.01%Raymond James
Daniel Tamayo
→ $21UpgradeMarket Perform → OutperformGet Alert
10/23/2023OCFCBuy Now
OceanFirst Financial
$15.44-2.85%Piper Sandler
Frank Schiraldi
$17 → $15MaintainsNeutralGet Alert
09/18/2023OCFCBuy Now
OceanFirst Financial
$15.4410.1%DA Davidson
Manuel Navas
$21 → $17DowngradeBuy → NeutralGet Alert
07/21/2023OCFCBuy Now
OceanFirst Financial
$15.4429.53%Stephens & Co.
Matt Breese
→ $20ReiteratesEqual-Weight → Equal-WeightGet Alert
04/24/2023OCFCBuy Now
OceanFirst Financial
$15.4429.53%DA Davidson
Manuel Navas
$26 → $20MaintainsBuyGet Alert
04/24/2023OCFCBuy Now
OceanFirst Financial
$15.4455.44%Keefe, Bruyette & Woods
Michael Perito
$26 → $24MaintainsOutperformGet Alert
04/21/2023OCFCBuy Now
OceanFirst Financial
$15.4448.96%Stephens & Co.
Matt Breese
→ $23Reiterates → Equal-WeightGet Alert
04/06/2023OCFCBuy Now
OceanFirst Financial
$15.4468.39%Keefe, Bruyette & Woods
Michael Perito
$28 → $26MaintainsOutperformGet Alert
12/12/2022OCFCBuy Now
OceanFirst Financial
$15.4461.92%Piper Sandler
Frank Schiraldi
→ $25DowngradeOverweight → NeutralGet Alert
05/12/2022OCFCBuy Now
OceanFirst Financial
$15.4455.44%Stephens & Co.
Matt Breese
$24.5 → $24MaintainsEqual-WeightGet Alert
05/02/2022OCFCBuy Now
OceanFirst Financial
$15.4481.35%Raymond James
William Wallace
$31 → $28MaintainsStrong BuyGet Alert
11/10/2021OCFCBuy Now
OceanFirst Financial
$15.44—Stephens & Co.
Matt Breese
—DowngradeOverweight → Equal-WeightGet Alert
08/06/2021OCFCBuy Now
OceanFirst Financial
$15.4455.44%Piper Sandler
Frank Schiraldi
—UpgradeNeutral → OverweightGet Alert
08/04/2021OCFCBuy Now
OceanFirst Financial
$15.4452.2%Stephens & Co.
Matt Breese
—UpgradeEqual-Weight → OverweightGet Alert
05/06/2021OCFCBuy Now
OceanFirst Financial
$15.4455.44%Stephens & Co.
Matt Breese
—DowngradeOverweight → Equal-WeightGet Alert

FAQ

Q

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

A

The latest price target for OceanFirst Financial (NASDAQ: OCFC) was reported by Raymond James on April 22, 2024. The analyst firm set a price target for $20.00 expecting OCFC to rise to within 12 months (a possible 29.53% upside). 10 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 Raymond James, and OceanFirst Financial maintained their outperform 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 September 18, 2023 when DA Davidson changed their price target from $21 to $17 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 April 22, 2024 so you should expect the next rating to be made available sometime around April 22, 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 maintained with a price target of $22.00 to $20.00. The current price OceanFirst Financial (OCFC) is trading at is $15.44, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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