Northfield Bancorp Stock Today

NFBK Stock  USD 9.72  0.08  0.83%   

Performance

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Odds Of Distress

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Northfield Bancorp is selling for 9.72 as of the 29th of March 2024. This is a 0.83 percent up since the beginning of the trading day. The stock's last reported lowest price was 9.63. Northfield Bancorp has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Northfield Bancorp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Banks
IPO Date
8th of November 2007
Category
Financial Services
Classification
Financials
operates as the bank holding company for Northfield Bank that provides various banking services primarily to individuals and corporate customers. was founded in 1887 and is headquartered in Woodbridge, New Jersey. Northfield Bncrp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. The company has 44.46 M outstanding shares of which 1.21 M shares are now shorted by private and institutional investors with about 4.77 trading days to cover. More on Northfield Bancorp

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Northfield Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Northfield Bancorp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Northfield Bancorp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentSteven CPA
Business ConcentrationThrifts & Mortgage Finance, Banks - Regional, Financial Services, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Financials, Thrifts & Mortgage Finance, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Northfield Bancorp report their recommendations after researching Northfield Bancorp's financial statements, talking to executives and customers, or listening in on Northfield Bancorp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Northfield Bancorp. The Northfield consensus assessment is calculated by taking the average forecast from all of the analysts covering Northfield Bancorp.
Financial Strength
Based on the analysis of Northfield Bancorp's profitability, liquidity, and operating efficiency, Northfield Bancorp is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in April. Financial strength of Northfield Bancorp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00620.0067
Significantly Down
Slightly volatile
Asset Turnover0.02210.0394
Way Down
Slightly volatile
Gross Profit Margin0.760.85
Moderately Down
Slightly volatile
Net DebtB969.6 M
Sufficiently Up
Slightly volatile
Total Current Liabilities358.3 M377.1 M
Notably Down
Very volatile
Non Current Liabilities Total4.7 B4.5 B
Sufficiently Up
Slightly volatile
Total Assets3.4 B5.6 B
Way Down
Slightly volatile
Total Current Assets247.5 M260.5 M
Notably Down
Pretty Stable
Total Cash From Operating Activities36.7 M46.9 M
Significantly Down
Slightly volatile
Northfield Bancorp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Northfield Bancorp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Northfield Bancorp's financial leverage. It provides some insight into what part of Northfield Bancorp's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Northfield Bancorp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Northfield Bancorp deploys its capital and how much of that capital is borrowed.
Liquidity
Northfield Bancorp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 955.7 M in liabilities with Debt to Equity (D/E) ratio of 4.72, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Northfield Bancorp until it has trouble settling it off, either with new capital or with free cash flow. So, Northfield Bancorp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Northfield Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northfield to invest in growth at high rates of return. When we think about Northfield Bancorp's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

7.87 Million
Northfield Bancorp (NFBK) is traded on NASDAQ Exchange in USA. It is located in 581 Main Street, Woodbridge, NJ, United States, 07095 and employs 397 people. Northfield Bancorp is listed under Thrifts & Mortgage Finance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 428.64 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Northfield Bancorp's market, we take the total number of its shares issued and multiply it by Northfield Bancorp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Northfield Bancorp conducts business under Thrifts & Mortgage Finance sector and is part of Financials industry. The entity has 44.46 M outstanding shares of which 1.21 M shares are now shorted by private and institutional investors with about 4.77 trading days to cover. Northfield Bancorp currently holds about 80.74 M in cash with 46.91 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.69.
Check Northfield Bancorp Probability Of Bankruptcy
Ownership Allocation
Northfield Bancorp maintains a total of 44.46 Million outstanding shares. Over half of Northfield Bancorp's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Northfield Bancorp. Please watch out for any change in the institutional holdings of Northfield Bancorp as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Northfield Ownership Details

Northfield Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Northfield Bancorp jumping above the current price in 90 days from now is about 85.85%. The Northfield Bancorp probability density function shows the probability of Northfield Bancorp stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5094. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Northfield Bancorp will likely underperform. Additionally, northfield Bancorp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 9.72HorizonTargetOdds Above 9.72
14.07%90 days
 9.72 
85.85%
Based on a normal probability distribution, the odds of Northfield Bancorp to move above the current price in 90 days from now is about 85.85 (This Northfield Bancorp probability density function shows the probability of Northfield Stock to fall within a particular range of prices over 90 days) .

Northfield Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Northfield Bancorp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Northfield Bancorp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Northfield Bancorp's value.
InstituionRecorded OnShares
American Century Companies Inc2023-12-31
449.3 K
Morgan Stanley - Brokerage Accounts2023-12-31
357 K
Charles Schwab Investment Management Inc2023-12-31
337.7 K
Rhino Investment Partners, Inc.2023-12-31
279.8 K
State Of New Jersey Common Pension Fd D2023-12-31
256.1 K
Goldman Sachs Group Inc2023-12-31
252.2 K
Bhz Capital Management, Lp.2023-12-31
234.4 K
Bridgeway Capital Management, Llc2023-12-31
225.7 K
Alliancebernstein L.p.2023-12-31
219.2 K
Blackrock Inc2023-12-31
6.5 M
Dimensional Fund Advisors, Inc.2023-12-31
3.2 M
View Northfield Bancorp Diagnostics

Northfield Bancorp Historical Income Statement

Northfield Bancorp Income Statement is one of the three primary financial statements used for reporting Northfield's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Northfield Bancorp revenue and expense. Northfield Bancorp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Northfield Bancorp's EBIT is quite stable compared to the past year. EBITDA is expected to rise to about 61.8 M this year, although the value of Income Before Tax will most likely fall to about 39.6 M. View More Fundamentals

Northfield Stock Against Markets

Picking the right benchmark for Northfield Bancorp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Northfield Bancorp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Northfield Bancorp is critical whether you are bullish or bearish towards Northfield Bancorp at a given time. Please also check how Northfield Bancorp's historical prices are related to one of the top price index indicators.

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Our tools can tell you how much better you can do entering a position in Northfield Bancorp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Northfield Bancorp Corporate Directors

Northfield Bancorp corporate directors refer to members of a Northfield Bancorp board of directors. The board of directors generally takes responsibility for the Northfield Bancorp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Northfield Bancorp's board members must vote for the resolution. The Northfield Bancorp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy Northfield Stock?

Before investing in Northfield Bancorp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Northfield Bancorp. To buy Northfield Bancorp stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Northfield Bancorp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Northfield Bancorp stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Northfield Bancorp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Northfield Bancorp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Northfield Bancorp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Northfield Stock please use our How to Invest in Northfield Bancorp guide.

Already Invested in Northfield Bancorp?

The danger of trading Northfield Bancorp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Northfield Bancorp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Northfield Bancorp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Northfield Bancorp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Northfield Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Northfield Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Northfield Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Northfield Bancorp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northfield Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Northfield Stock please use our How to buy in Northfield Stock guide.
Note that the Northfield Bancorp information on this page should be used as a complementary analysis to other Northfield Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Northfield Bancorp's price analysis, check to measure Northfield Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northfield Bancorp is operating at the current time. Most of Northfield Bancorp's value examination focuses on studying past and present price action to predict the probability of Northfield Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northfield Bancorp's price. Additionally, you may evaluate how the addition of Northfield Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Northfield Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northfield Bancorp. If investors know Northfield will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northfield Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.39)
Dividend Share
0.52
Earnings Share
0.86
Revenue Per Share
3.104
Quarterly Revenue Growth
(0.22)
The market value of Northfield Bancorp is measured differently than its book value, which is the value of Northfield that is recorded on the company's balance sheet. Investors also form their own opinion of Northfield Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Northfield Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northfield Bancorp's market value can be influenced by many factors that don't directly affect Northfield Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northfield Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northfield Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northfield Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.