OceanFirst Financial Corp. (NASDAQ: OCFC) is one of 200 publicly-traded companies in the “Commercial Banks” industry, but how does it contrast to its rivals? We will compare OceanFirst Financial Corp. to similar companies based on the strength of its analyst recommendations, valuation, institutional ownership, profitability, earnings, dividends and risk.

Volatility & Risk

OceanFirst Financial Corp. has a beta of 0.61, suggesting that its share price is 39% less volatile than the S&P 500. Comparatively, OceanFirst Financial Corp.’s rivals have a beta of 0.74, suggesting that their average share price is 26% less volatile than the S&P 500.

Insider and Institutional Ownership

69.5% of OceanFirst Financial Corp. shares are held by institutional investors. Comparatively, 46.1% of shares of all “Commercial Banks” companies are held by institutional investors. 7.0% of OceanFirst Financial Corp. shares are held by company insiders. Comparatively, 11.7% of shares of all “Commercial Banks” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares OceanFirst Financial Corp. and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
OceanFirst Financial Corp. 18.59% 8.87% 0.99%
OceanFirst Financial Corp. Competitors 20.43% 8.67% 0.92%

Dividends

OceanFirst Financial Corp. pays an annual dividend of $0.60 per share and has a dividend yield of 2.2%. OceanFirst Financial Corp. pays out 50.0% of its earnings in the form of a dividend. As a group, “Commercial Banks” companies pay a dividend yield of 1.9% and pay out 35.5% of their earnings in the form of a dividend.

Analyst Recommendations

This is a summary of current recommendations and price targets for OceanFirst Financial Corp. and its rivals, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
OceanFirst Financial Corp. 0 0 5 0 3.00
OceanFirst Financial Corp. Competitors 363 2868 2316 68 2.37

OceanFirst Financial Corp. currently has a consensus price target of $31.00, suggesting a potential upside of 15.41%. As a group, “Commercial Banks” companies have a potential upside of 6.15%. Given OceanFirst Financial Corp.’s stronger consensus rating and higher probable upside, equities research analysts plainly believe OceanFirst Financial Corp. is more favorable than its rivals.

Earnings & Valuation

This table compares OceanFirst Financial Corp. and its rivals gross revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
OceanFirst Financial Corp. $153.84 million $23.04 million 22.38
OceanFirst Financial Corp. Competitors $341.79 million $72.49 million 21.09

OceanFirst Financial Corp.’s rivals have higher revenue and earnings than OceanFirst Financial Corp.. OceanFirst Financial Corp. is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Summary

OceanFirst Financial Corp. rivals beat OceanFirst Financial Corp. on 8 of the 15 factors compared.

About OceanFirst Financial Corp.

OceanFirst Financial Corp. is a holding company for OceanFirst Bank (the Bank). The Company is a savings and loan holding company. The Bank’s principal business is attracting retail and business deposits in the communities surrounding its branch offices and investing those deposits primarily in loans, consisting of single-family, owner-occupied residential mortgage loans, and commercial real estate and other commercial loans. The Bank also invests in other types of loans, including residential construction and consumer loans. In addition, the Bank invests in mortgage-backed securities (MBS), securities issued by the United States Government and agencies thereof, corporate securities and other investments. The Bank originates home equity loans typically as fixed-rate loans with terms ranging from 5 to 20 years. The Bank also offers variable-rate home equity lines of credit.

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