OceanFirst Financial Stock Target Price and Analyst Consensus

OCFC Stock  USD 16.41  0.31  1.93%   
The current analyst and expert consensus on OceanFirst Financial is Buy, with 2 strong buy opinions. The current projected OceanFirst Financial target price consensus is 18.83 with 7 analyst opinions. The most common way OceanFirst Financial Corp analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview OceanFirst Financial executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on OceanFirst Financial. We strongly encourage you to use your own analysis of OceanFirst Financial Corp to validate this buy or sell advice. OceanFirst Financial buy-or-sell recommendation module provides average expert sentiment on the projected OceanFirst Financial Corp target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on OceanFirst Financial to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
17.14
Highest Forecast
20.9
Target Price
18.83
The current year's Gross Profit is expected to grow to about 672.9 M, whereas Pretax Profit Margin is forecasted to decline to 0.20. At present, OceanFirst Financial's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 1.7 B, whereas Cash is forecasted to decline to about 115.9 M.
  
It's important to approach OceanFirst Financial's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

OceanFirst Financial Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. OceanFirst target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. OceanFirst Financial's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   7  Buy
Most OceanFirst analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand OceanFirst stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of OceanFirst Financial Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

OceanFirst Financial Target Price Projection

OceanFirst Financial's current and average target prices are 16.41 and 18.83, respectively. The current price of OceanFirst Financial is the price at which OceanFirst Financial Corp is currently trading. On the other hand, OceanFirst Financial's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

OceanFirst Financial Market Quote on 29th of March 2024

Low Price15.99Odds
High Price16.48Odds

16.41

Target Price

Analyst Consensus On OceanFirst Financial Target Price

Low Estimate17.14Odds
High Estimate20.9Odds

18.83

Historical Lowest Forecast  17.14 Target Price  18.83 Highest Forecast  20.9
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on OceanFirst Financial Corp and the information provided on this page.

OceanFirst Financial Analyst Ratings

OceanFirst Financial's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about OceanFirst Financial stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of OceanFirst Financial's financials, market performance, and future outlook by experienced professionals. OceanFirst Financial's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize OceanFirst Financial price targets

OceanFirst Financial's stock target price is an estimate of its future price, usually made by analysts. Using OceanFirst Financial's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at OceanFirst Financial's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if OceanFirst Financial's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional OceanFirst Financial Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of OceanFirst Financial is a key component of OceanFirst Financial valuation and have some predictive power on the future returns of a OceanFirst Financial.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of OceanFirst Financial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
14.0216.4018.78
Details
Intrinsic
Valuation
LowRealHigh
15.2417.6220.00
Details
Naive
Forecast
LowNextHigh
13.4715.8418.22
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.390.410.43
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as OceanFirst Financial. Your research has to be compared to or analyzed against OceanFirst Financial's peers to derive any actionable benefits. When done correctly, OceanFirst Financial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in OceanFirst Financial Corp.

Trending Themes

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Cleaning Idea
Cleaning
Invested over 100 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
When determining whether OceanFirst Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OceanFirst Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oceanfirst Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oceanfirst Financial Corp Stock:
Check out Macroaxis Advice on OceanFirst Financial to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Note that the OceanFirst Financial Corp information on this page should be used as a complementary analysis to other OceanFirst Financial'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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running OceanFirst Financial's price analysis, check to measure OceanFirst Financial'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 OceanFirst Financial is operating at the current time. Most of OceanFirst Financial's value examination focuses on studying past and present price action to predict the probability of OceanFirst Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OceanFirst Financial's price. Additionally, you may evaluate how the addition of OceanFirst Financial to your portfolios can decrease your overall portfolio volatility.
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The data published in OceanFirst Financial's official financial statements usually reflect OceanFirst Financial's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of OceanFirst Financial Corp. For example, before you start analyzing numbers published by OceanFirst accountants, it's critical to develop an understanding of what OceanFirst Financial's liquidity, profitability, and earnings quality are in the context of the Thrifts & Mortgage Finance space in which it operates.
Please note, the presentation of OceanFirst Financial's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, OceanFirst Financial's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in OceanFirst Financial's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of OceanFirst Financial Corp. Please utilize our Beneish M Score to check the likelihood of OceanFirst Financial's management manipulating its earnings.