OceanFirst Financial Future Growth

Future criteria checks 1/6

OceanFirst Financial is forecast to grow earnings and revenue by 7.6% and 8% per annum respectively. EPS is expected to grow by 8.1% per annum. Return on equity is forecast to be 6.4% in 3 years.

Key information

7.6%

Earnings growth rate

8.1%

EPS growth rate

Banks earnings growth	10.4%
Revenue growth rate	8.0%
Future return on equity	6.4%
Analyst coverage	Good
Last updated	19 Dec 2024

Recent future growth updates

Recent updates

OceanFirst Financial: 7% Yield Still Attractive Despite Call Risk

Sep 10

OceanFirst Financial (NASDAQ:OCFC) Is Paying Out A Dividend Of $0.20

Jul 23

OceanFirst Financial At Risk Of Treading Water Without Competitive Differentiation

Jul 02

OceanFirst Financial's (NASDAQ:OCFC) Dividend Will Be $0.20

Apr 26

OceanFirst Financial: The 7.1% Fixed-To-Floating Preferred Remains Very Attractive

Mar 21

OceanFirst Financial (NASDAQ:OCFC) Has Announced A Dividend Of $0.20

Oct 24

OceanFirst Financial (NASDAQ:OCFC) Will Pay A Dividend Of $0.20

Jul 25

Should You Be Adding OceanFirst Financial (NASDAQ:OCFC) To Your Watchlist Today?

Mar 08

Ocean First Financial goes ex-dividend tomorrow

Aug 04

OceanFirst Looking To Disrupt Large, New Loan Markets And Generate Significant Operating Leverage

Mar 03

We Think Some Shareholders May Hesitate To Increase OceanFirst Financial Corp.'s (NASDAQ:OCFC) CEO Compensation

May 13

Is OceanFirst Financial Corp. (NASDAQ:OCFC) The Right Choice For A Smart Dividend Investor?

Apr 06

If You Had Bought OceanFirst Financial (NASDAQ:OCFC) Shares A Year Ago You'd Have Earned 48% Returns

Mar 11

Earnings and Revenue Growth Forecasts

NasdaqGS:OCFC - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	452	120	N/A	N/A	6
12/31/2025	403	93	N/A	N/A	6
12/31/2024	377	96	N/A	N/A	6
9/30/2024	381	102	13	21	N/A
6/30/2024	376	97	90	98	N/A
3/31/2024	386	101	140	146	N/A
12/31/2023	386	100	117	124	N/A
9/30/2023	420	126	184	192	N/A
6/30/2023	438	144	207	220	N/A
3/31/2023	435	145	202	217	N/A
12/31/2022	429	143	230	250	N/A
9/30/2022	390	112	216	251	N/A
6/30/2022	370	98	109	147	N/A
3/31/2022	365	99	136	181	N/A
12/31/2021	369	106	118	160	N/A
9/30/2021	392	116	92	124	N/A
6/30/2021	351	87	164	190	N/A
3/31/2021	339	76	88	106	N/A
12/31/2020	327	61	118	133	N/A
9/30/2020	287	53	135	146	N/A
6/30/2020	313	84	115	122	N/A
3/31/2020	307	84	120	126	N/A
12/31/2019	297	89	95	100	N/A
9/30/2019	292	92	108	112	N/A
6/30/2019	287	91	111	118	N/A
3/31/2019	282	88	113	123	N/A
12/31/2018	272	72	81	93	N/A
9/30/2018	250	55	30	80	N/A
6/30/2018	230	44	N/A	84	N/A
3/31/2018	208	36	N/A	76	N/A
12/31/2017	192	42	N/A	80	N/A
9/30/2017	186	39	N/A	50	N/A
6/30/2017	175	35	N/A	48	N/A
3/31/2017	161	31	N/A	37	N/A
12/31/2016	138	23	N/A	33	N/A
9/30/2016	121	22	N/A	53	N/A
6/30/2016	105	18	N/A	28	N/A
3/31/2016	93	19	N/A	31	N/A
12/31/2015	92	20	N/A	28	N/A
9/30/2015	89	20	N/A	34	N/A
6/30/2015	88	20	N/A	35	N/A
3/31/2015	88	20	N/A	26	N/A
12/31/2014	88	20	N/A	28	N/A
9/30/2014	89	17	N/A	24	N/A
6/30/2014	88	17	N/A	23	N/A
3/31/2014	86	17	N/A	29	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: OCFC's forecast earnings growth (7.6% per year) is above the savings rate (2.6%).

Earnings vs Market: OCFC's earnings (7.6% per year) are forecast to grow slower than the US market (15% per year).

High Growth Earnings: OCFC's earnings are forecast to grow, but not significantly.

Revenue vs Market: OCFC's revenue (8% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: OCFC's revenue (8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: OCFC's Return on Equity is forecast to be low in 3 years time (6.4%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/07 01:58
End of Day Share Price	2025/01/07 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

OceanFirst Financial Corp. is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Erik Zwick	Boenning & Scattergood, Inc.
Manuel Navas	D.A. Davidson & Co.
null null	D.A. Davidson & Co.

OceanFirst Financial Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

OceanFirst Financial Corp. Provides Earnings Guidance for the Year 2025

Price target decreased by 7.0% to US$18.86

Price target decreased by 7.8% to US$17.83

Price target decreased by 7.6% to US$18.33

Consensus EPS estimates fall by 18%

Price target decreased by 10% to US$22.17

Recent updates

OceanFirst Financial Corp. to Report Q4, 2024 Results on Jan 23, 2025

Investor sentiment improves as stock rises 19%

Third quarter dividend of US$0.20 announced

OceanFirst Financial Corp. Provides Earnings Guidance for the Year 2025

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

OceanFirst Financial Corp. (NasdaqGS:OCFC) acquired Spring Garden Lending Group, LLC.

OceanFirst Financial Corp. to Report Q3, 2024 Results on Oct 17, 2024

OceanFirst Financial: 7% Yield Still Attractive Despite Call Risk

OceanFirst Financial (NASDAQ:OCFC) Is Paying Out A Dividend Of $0.20

Second quarter dividend of US$0.20 announced

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

OceanFirst Financial Corp. Declares Quarterly Cash Dividend on Common Stock, Payable on August 16, 2024

Investor sentiment improves as stock rises 15%

OceanFirst Financial At Risk Of Treading Water Without Competitive Differentiation

OceanFirst Financial Corp. to Report Q2, 2024 Results on Jul 18, 2024

First quarter 2024 earnings: EPS exceeds analyst expectations

OceanFirst Financial's (NASDAQ:OCFC) Dividend Will Be $0.20

Upcoming dividend of US$0.20 per share

Price target decreased by 7.0% to US$18.86

First quarter dividend of US$0.20 announced

First quarter 2024 earnings: EPS exceeds analyst expectations

Oceanfirst Financial Corp. Declares Quarterly Cash Dividend, Payable on May 17, 2024

OceanFirst Financial: The 7.1% Fixed-To-Floating Preferred Remains Very Attractive

OceanFirst Financial Corp. to Report Q1, 2024 Results on Apr 18, 2024

Chairman & CEO recently sold US$160k worth of stock

Upcoming dividend of US$0.20 per share at 4.4% yield

Full year 2023 earnings: EPS exceeds analyst expectations

OceanFirst Financial Corp., Annual General Meeting, May 21, 2024

OceanFirst Financial Corp. to Report Q4, 2023 Results on Jan 18, 2024

Upcoming dividend of US$0.20 per share at 6.3% yield

Price target decreased by 7.8% to US$17.83

OceanFirst Financial (NASDAQ:OCFC) Has Announced A Dividend Of $0.20

Price target decreased by 7.6% to US$18.33

Third quarter 2023 earnings released: EPS: US$0.33 (vs US$0.64 in 3Q 2022)

OceanFirst Financial Corp. Declares Quarterly Cash Dividend, Payable on November 17, 2023

OceanFirst Financial Corp. to Report Q3, 2023 Results on Oct 19, 2023

Oceanfirst Financial Corp. Enhances Board and Announces Chief Risk Officer Transition

Upcoming dividend of US$0.20 per share at 4.2% yield

OceanFirst Financial (NASDAQ:OCFC) Will Pay A Dividend Of $0.20

OceanFirst Financial Corp. Reports Impairment for the Second Quarter Ended June 30, 2023

Second quarter 2023 earnings: EPS misses analyst expectations

OceanFirst Financial Corp. to Report Q2, 2023 Results on Jul 20, 2023

Investor sentiment improves as stock rises 17%

Independent Director recently bought US$100k worth of stock

Upcoming dividend of US$0.20 per share at 5.2% yield

Consensus EPS estimates fall by 18%

Price target decreased by 10% to US$22.17

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorates as stock falls 22%

Should You Be Adding OceanFirst Financial (NASDAQ:OCFC) To Your Watchlist Today?

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Executive VP exercised options and sold US$85k worth of stock

OceanFirst Financial Corp. and OceanFirst Bank, N.A. Announces Management Changes

Upcoming dividend of US$0.20 per share at 3.4% yield

Full year 2022 earnings: EPS and revenues exceed analyst expectations

OceanFirst Financial Corp., Annual General Meeting, May 23, 2023

OceanFirst Financial Corp. to Report Q4, 2022 Results on Jan 19, 2023

Upcoming dividend of US$0.20 per share

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

OceanFirst Financial Corp. Declares Quarterly Cash Dividend for the Third Quarter Ended September 30, 2022, Payable on November 18, 2022

OceanFirst Financial Corp. to Report Q3, 2022 Results on Oct 24, 2022

Independent Director recently sold US$1.2m worth of stock

Ocean First Financial goes ex-dividend tomorrow

OceanFirst Financial Corp. Declares Quarterly Cash Dividend on Common Stock, Payable on August 19, 2022

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

OceanFirst Financial Corp. to Report Q2, 2022 Results on Jul 28, 2022

CFO & Executive VP recently bought US$199k worth of stock

Oceanfirst Financial Corp. Announces Board Changes

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind