OceanFirst Financial Earnings Estimate

OCFC
 Stock
  

USD 21.13  0.26  1.22%   

Many public companies, such as OceanFirst Financial, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing OceanFirst Financial's earnings estimates, investors can diagnose different trends across OceanFirst Financial's analyst sentiment over time as well as compare current estimates against different timeframes.
OceanFirst Financial is projected to generate 1.82 in earnings per share on the 31st of December 2021. OceanFirst Financial earnings estimates module stress-tests analyst consensus about projected OceanFirst Financial Corp EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please check Your Equity Center.
  
The current year Gross Profit is expected to grow to about 367.9 M, whereas Profit Margin is forecasted to decline to 23.19.

OceanFirst Financial Earnings Estimation Breakdown

Calculation of earning per share of OceanFirst Financial Corp is based on official Zacks consensus of 5 analysts regarding OceanFirst Financial future annual earnings. Given the historical accuracy of 72.22%, the future earnings per share of OceanFirst Financial is estimated to be 1.82 with the lowest and highest values of 1.79 and 1.85, respectively. Please note that this consensus of annual earnings estimates for OceanFirst Financial Corp is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 1.94
1.79
Lowest
Expected EPS 1.82
1.85
Highest

OceanFirst Financial Earnings Projection Consensus

Suppose the current estimates of OceanFirst Financial's value are higher than the current market price of the OceanFirst Financial stock. In this case, investors may conclude that OceanFirst Financial is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and OceanFirst Financial's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

5

72.22%

1.94

1.82

OceanFirst Financial Earnings per Share Projection vs Actual

Actual Earning per Share of OceanFirst Financial refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering OceanFirst Financial Corp predict the company's earnings will be in the future. The higher the earnings per share of OceanFirst Financial, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

OceanFirst Financial Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as OceanFirst Financial, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of OceanFirst Financial should always be considered in relation to other companies to make a more educated investment decision.

OceanFirst Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact OceanFirst Financial's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-07-28
2022-06-300.550.590.04
2022-04-28
2022-03-310.460.490.03
2022-01-27
2021-12-310.440.480.04
2021-10-28
2021-09-300.410.450.04
2021-07-29
2021-06-300.430.490.0613 
2021-04-29
2021-03-310.40.440.0410 
2021-01-28
2020-12-310.380.390.01
2020-10-29
2020-09-300.41-0.0822-0.4922120 
2020-07-23
2020-06-300.350.360.01
2020-04-23
2020-03-310.40.450.0512 
2020-01-27
2019-12-310.530.51-0.02
2019-10-24
2019-09-300.510.540.03
2019-07-25
2019-06-300.540.51-0.03
2019-04-25
2019-03-310.510.510
2019-01-24
2018-12-310.560.54-0.02
2018-10-25
2018-09-300.550.53-0.02
2018-07-26
2018-06-300.450.460.01
2018-04-26
2018-03-310.410.450.04
2018-01-25
2017-12-310.450.450
2017-10-26
2017-09-300.450.450
2017-07-26
2017-06-300.40.40
2017-04-27
2017-03-310.370.40.03
2017-01-26
2016-12-310.370.22-0.1540 
2016-10-26
2016-09-300.380.35-0.03
2016-07-28
2016-06-300.140.160.0214 
2016-04-21
2016-03-310.330.25-0.0824 
2016-01-21
2015-12-310.330.31-0.02
2015-10-22
2015-09-300.290.28-0.01
2015-07-23
2015-06-300.320.31-0.01
2015-04-23
2015-03-310.30.320.02
2015-01-22
2014-12-310.320.28-0.0412 
2014-10-23
2014-09-300.30.310.01
2014-07-24
2014-06-300.290.30.01
2014-04-24
2014-03-310.30.28-0.02
2014-01-23
2013-12-310.250.30.0520 
2013-10-17
2013-09-300.290.290
2013-07-18
2013-06-300.280.290.01
2013-04-18
2013-03-310.290.26-0.0310 
2013-01-23
2012-12-310.210.290.0838 
2012-10-18
2012-09-300.290.310.02
2012-07-19
2012-06-300.30.30
2012-04-19
2012-03-310.30.310.01
2012-01-19
2011-12-310.280.30.02
2011-10-20
2011-09-300.280.280
2011-07-21
2011-06-300.280.280
2011-04-20
2011-03-310.270.280.01
2011-01-20
2010-12-310.280.320.0414 
2010-10-21
2010-09-300.280.290.01
2010-07-22
2010-06-300.250.270.02
2010-04-22
2010-03-310.220.240.02
2010-01-21
2009-12-310.250.12-0.1352 
2009-10-22
2009-09-300.320.340.02
2009-07-23
2009-06-300.260.260
2009-04-23
2009-03-310.250.30.0520 
2009-01-22
2008-12-310.320.3-0.02
2008-10-23
2008-09-300.360.32-0.0411 
2008-07-24
2008-06-300.340.3-0.0411 
2008-04-24
2008-03-310.320.340.02
2008-01-24
2007-12-310.280.26-0.02
2007-10-25
2007-09-300.280.27-0.01
2007-07-30
2007-06-300.230.02-0.2191 
2007-04-24
2007-03-310.28-0.47-0.75267 
2007-01-18
2006-12-310.370.40.03
2006-10-19
2006-09-300.380.420.0410 
2006-07-20
2006-06-300.370.410.0410 
2006-04-20
2006-03-310.40.36-0.0410 
2006-01-19
2005-12-310.410.4-0.01
2005-10-20
2005-09-300.410.4-0.01
2005-07-21
2005-06-300.390.40.01
2005-04-21
2005-03-310.360.40.0411 
2005-01-20
2004-12-310.340.40.0617 
2004-10-21
2004-09-300.360.35-0.01
2004-07-22
2004-06-300.360.32-0.0411 
2004-04-22
2004-03-310.370.35-0.02
2004-01-22
2003-12-310.390.34-0.0512 
2003-10-23
2003-09-300.420.41-0.01
2003-07-24
2003-06-300.410.38-0.03
2003-04-24
2003-03-310.410.4-0.01
2003-01-23
2002-12-310.40.39-0.01
2002-10-17
2002-09-300.350.350
2002-07-18
2002-06-300.370.370
2002-04-18
2002-03-310.360.370.01
2002-01-17
2001-12-310.330.350.02
2001-10-18
2001-09-300.310.320.01
2001-07-19
2001-06-300.290.30.01
2001-04-19
2001-03-310.280.27-0.01
2001-01-19
2000-12-310.280.25-0.0310 
2000-10-19
2000-09-300.280.27-0.01
2000-07-20
2000-06-300.260.270.01
2000-04-18
2000-03-310.230.260.0313 
2000-01-21
1999-12-310.230.230
1999-10-21
1999-09-300.210.230.02
1999-07-22
1999-06-300.190.210.0210 
1999-04-22
1999-03-310.190.20.01
1999-01-22
1998-12-310.170.180.01
1998-10-23
1998-09-300.170.170
1998-07-23
1998-06-300.160.15-0.01
1998-04-23
1998-03-310.160.160
1998-01-22
1997-12-310.160.160
1997-10-16
1997-09-300.150.150
1997-07-17
1997-06-300.140.140

About OceanFirst Financial Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of OceanFirst Financial earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current OceanFirst Financial estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as OceanFirst Financial fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.

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Please check Your Equity Center. 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running OceanFirst Financial Corp 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 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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Is OceanFirst Financial'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 OceanFirst Financial. If investors know OceanFirst 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 OceanFirst Financial 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 YOY
-0.041
Market Capitalization
1.3 B
Quarterly Revenue Growth YOY
0.052
Return On Assets
0.0085
Return On Equity
0.0674
The market value of OceanFirst Financial Corp is measured differently than its book value, which is the value of OceanFirst that is recorded on the company's balance sheet. Investors also form their own opinion of OceanFirst Financial's value that differs from its market value or its book value, called intrinsic value, which is OceanFirst Financial'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 OceanFirst Financial's market value can be influenced by many factors that don't directly affect OceanFirst Financial'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 OceanFirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine OceanFirst Financial value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OceanFirst Financial'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.