OFED Stock Overview
Operates as a holding company for Oconee Federal Savings and Loan Association that provides various banking products and services in the Oconee and Pickens County areas of northwestern South Carolina, and the northeast area of Georgia in Stephens County and Rabun County. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
Oconee Federal Financial Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$12.99 |
| 52 Week High | US$14.50 |
| 52 Week Low | US$12.45 |
| Beta | 0.24 |
| 1 Month Change | -10.41% |
| 3 Month Change | 3.92% |
| 1 Year Change | 4.25% |
| 3 Year Change | -43.03% |
| 5 Year Change | -51.89% |
| Change since IPO | 8.61% |
Recent News & Updates
Recent updates
Oconee Federal Financial's (NASDAQ:OFED) Dividend Will Be $0.10
May 02
Oconee Federal Financial (NASDAQ:OFED) Is Due To Pay A Dividend Of $0.10
Nov 01Oconee Federal Financial declares $0.10 dividend
Aug 09Oconee Federal Financial (NASDAQ:OFED) Is Due To Pay A Dividend Of $0.10
Aug 02Oconee Federal Financial's (NASDAQ:OFED) Dividend Will Be US$0.10
May 03Oconee Federal Financial (NASDAQ:OFED) Has Affirmed Its Dividend Of US$0.10
Feb 03Oconee Federal Financial (NASDAQ:OFED) Has Announced A Dividend Of US$0.10
Nov 04Oconee Federal Financial (NASDAQ:OFED) Is Due To Pay A Dividend Of US$0.10
Jul 26Oconee Federal Financial goes ex-dividend tomorrow
May 04Three Things You Should Check Before Buying Oconee Federal Financial Corp. (NASDAQ:OFED) For Its Dividend
Mar 12Dividend Investors: Don't Be Too Quick To Buy Oconee Federal Financial Corp. (NASDAQ:OFED) For Its Upcoming Dividend
Feb 05The Oconee Federal Financial (NASDAQ:OFED) Share Price Has Gained 35% And Shareholders Are Hoping For More
Jan 13How Does Oconee Federal Financial's (NASDAQ:OFED) CEO Salary Compare to Peers?
Dec 07Oconee Federal Financial goes ex-dividend tomorrow
Nov 03Shareholder Returns
| OFED | US Banks | US Market | |
|---|---|---|---|
| 7D | 0% | 3.1% | 2.8% |
| 1Y | 4.3% | 29.1% | 24.5% |
Return vs Industry: OFED underperformed the US Banks industry which returned 29.1% over the past year.
Return vs Market: OFED underperformed the US Market which returned 24.5% over the past year.
Price Volatility
| OFED volatility | |
|---|---|
| OFED Average Weekly Movement | n/a |
| Banks Industry Average Movement | 5.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.1% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: OFED's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: Insufficient data to determine OFED's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1924 | n/a | Curt Evatt | www.oconeefederal.com |
Oconee Federal Financial Corp. operates as a holding company for Oconee Federal Savings and Loan Association that provides various banking products and services in the Oconee and Pickens County areas of northwestern South Carolina, and the northeast area of Georgia in Stephens County and Rabun County. It offers deposit products, including demand, money market, NOW, savings, and individual retirement accounts, as well as certificates of deposit. The company’s loan portfolio comprises one-to-four family residential and multi-family real estate loans; home equity loans and lines of credit; nonresidential real estate loans; mortgage loans; construction and land loans; commercial and industrial loans; agricultural loans; and consumer and other loans, such as installment loans for various consumer purposes, including the purchase of automobiles, boats, and other legitimate personal purposes.
Oconee Federal Financial Corp. Fundamentals Summary
| OFED fundamental statistics | |
|---|---|
| Market cap | US$78.83m |
| Earnings (TTM) | US$3.35m |
| Revenue (TTM) | US$16.07m |
23.6x
P/E Ratio1.1x
P/B RatioIs OFED overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OFED income statement (TTM) | |
|---|---|
| Revenue | US$16.07m |
| Cost of Revenue | US$0 |
| Gross Profit | US$16.07m |
| Other Expenses | US$12.72m |
| Earnings | US$3.35m |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.55 |
| Gross Margin | 100.00% |
| Net Profit Margin | 20.82% |
| Debt/Equity Ratio | 64.1% |
How did OFED perform over the long term?
See historical performance and comparisonDividends
3.1%
Current Dividend Yield67%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 07:14 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2023/06/30 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Oconee Federal Financial Corp. is covered by 0 analysts. 0 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 |
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