OceanFirst Financial (OCFC) Projected to Post Earnings on Thursday

OceanFirst Financial (NASDAQ:OCFC) is expected to be posting its Q1 2026 results after the market closes on Thursday, April 23rd. Analysts expect OceanFirst Financial to post earnings of $0.4467 per share and revenue of $143.2480 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Friday, April 24, 2026 at 11:00 AM ET.

OceanFirst Financial (NASDAQ:OCFC) last announced its quarterly earnings results on Thursday, January 22nd. The savings and loans company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. OceanFirst Financial had a return on equity of 5.14% and a net margin of 10.33%.The firm had revenue of $104.69 million during the quarter, compared to the consensus estimate of $103.20 million. On average, analysts expect OceanFirst Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

OceanFirst Financial Stock Down 2.5%

Shares of NASDAQ OCFC opened at $18.89 on Wednesday. OceanFirst Financial has a 12-month low of $15.69 and a 12-month high of $20.61. The company has a market cap of $1.08 billion, a P/E ratio of 16.28 and a beta of 1.00. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.01. The stock has a fifty day moving average price of $18.49 and a 200 day moving average price of $18.61.

OceanFirst Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Monday, April 27th will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Monday, April 27th. OceanFirst Financial’s dividend payout ratio is presently 68.97%.

Hedge Funds Weigh In On OceanFirst Financial

Large investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC lifted its holdings in OceanFirst Financial by 458.0% in the second quarter. Tower Research Capital LLC TRC now owns 8,526 shares of the savings and loans company’s stock worth $150,000 after acquiring an additional 6,998 shares during the last quarter. CANADA LIFE ASSURANCE Co lifted its holdings in OceanFirst Financial by 7.0% in the second quarter. CANADA LIFE ASSURANCE Co now owns 10,285 shares of the savings and loans company’s stock worth $181,000 after acquiring an additional 673 shares during the last quarter. Corient Private Wealth LLC bought a new position in OceanFirst Financial in the fourth quarter worth about $186,000. Millennium Management LLC bought a new position in OceanFirst Financial in the fourth quarter worth about $192,000. Finally, nVerses Capital LLC bought a new position in OceanFirst Financial in the fourth quarter worth about $215,000. Institutional investors own 70.98% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on OCFC. Wall Street Zen raised shares of OceanFirst Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, January 28th. Weiss Ratings reissued a “hold (c)” rating on shares of OceanFirst Financial in a research report on Thursday, January 22nd. Raymond James Financial cut shares of OceanFirst Financial from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 31st. Finally, DA Davidson cut shares of OceanFirst Financial from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. One investment analyst has rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $21.33.

About OceanFirst Financial

OceanFirst Financial Corporation (NASDAQ: OCFC) is a bank holding company headquartered in Toms River, New Jersey, that provides a full range of community banking and financial services through its principal subsidiary, OceanFirst Bank. Established in the early 20th century, the company has built its business around serving the deposit, lending and wealth management needs of individuals, small businesses, municipalities and nonprofit organizations across New Jersey and portions of New York.

The company’s core activities include accepting consumer and business deposits, making commercial, municipal and consumer loans, and offering residential mortgage financing.