OceanFirst Financial Stock

OceanFirst Financial P/E 2024

OceanFirst Financial P/E

8.99

Ticker

OCFC

ISIN

US6752341080

WKN

919419

As of Sep 22, 2024, OceanFirst Financial's P/E ratio was 8.99, a 5.52% change from the 8.52 P/E ratio recorded in the previous year.

The OceanFirst Financial P/E history

OceanFirst Financial Aktienanalyse

What does OceanFirst Financial do?

OceanFirst Financial Corp is an American financial institution headquartered in Toms River, New Jersey. It was established in 1902 as Ocean City Building and Loan Association and has since become a leading provider of financial services in New Jersey and Pennsylvania. The business model of OceanFirst Financial Corp combines traditional banking services with modern financial technologies. The company offers a wide range of products and services for personal and business customers, including deposit, credit, investment, and insurance products, as well as electronic banking services such as mobile and online banking. OceanFirst Financial Corp has various divisions focusing on different areas of banking. The main division is OceanFirst Bank, which provides deposit, credit, and investment products for personal and business customers. OceanFirst Bank currently operates over 70 branches in New Jersey and Pennsylvania and employs over 1,000 staff. Another important division of OceanFirst Financial Corp is OceanFirst Wealth Management, which offers investment advisory and asset management services for personal and business customers. OceanFirst Wealth Management has an experienced group of financial advisors and investment experts who cater to the individual needs of each client. OceanFirst Financial Corp also has a division for insurance products called OceanFirst Insurance Services, Inc. This division offers a wide range of insurance products for personal and business customers, including auto, home, life, and business liability insurance. OceanFirst Insurance Services, Inc. works with various insurance providers to offer the best insurance options to its customers. Additionally, OceanFirst Financial Corp has a division for commercial loans called OceanFirst Business Services. This division focuses on credit and financing services for small and medium-sized businesses. OceanFirst Business Services offers a wide range of credit solutions such as term loans, revolving loans, lines of credit, as well as payment processing services. In summary, OceanFirst Financial Corp is a leading financial institution offering a wide range of products and services for personal and business customers. The company has various divisions focusing on different areas of banking, including deposit, credit, investment, and insurance products, as well as electronic banking services. OceanFirst Financial Corp has a long history and a strong commitment to its customers and the communities it serves. OceanFirst Financial ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering OceanFirst Financial's P/E Ratio

The Price to Earnings (P/E) Ratio of OceanFirst Financial is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing OceanFirst Financial's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of OceanFirst Financial is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in OceanFirst Financial’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about OceanFirst Financial stock

What is the price-to-earnings ratio of OceanFirst Financial?

The price-earnings ratio of OceanFirst Financial is currently 8.99.

How has the price-earnings ratio of OceanFirst Financial changed compared to last year?

The price-to-earnings ratio of OceanFirst Financial has increased by 5.52% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of OceanFirst Financial high compared to other companies?

Yes, the price-to-earnings ratio of OceanFirst Financial is high compared to other companies.

How does an increase in the price-earnings ratio of OceanFirst Financial affect the company?

An increase in the price-earnings ratio of OceanFirst Financial would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of OceanFirst Financial affect the company?

A decrease in the price-earnings ratio of OceanFirst Financial would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of OceanFirst Financial?

Some factors that influence the price-earnings ratio of OceanFirst Financial are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does OceanFirst Financial pay?

Over the past 12 months, OceanFirst Financial paid a dividend of 0.8 USD . This corresponds to a dividend yield of about 4.39 %. For the coming 12 months, OceanFirst Financial is expected to pay a dividend of 0.84 USD.

What is the dividend yield of OceanFirst Financial?

The current dividend yield of OceanFirst Financial is 4.39 %.

When does OceanFirst Financial pay dividends?

OceanFirst Financial pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of OceanFirst Financial?

OceanFirst Financial paid dividends every year for the past 23 years.

What is the dividend of OceanFirst Financial?

For the upcoming 12 months, dividends amounting to 0.84 USD are expected. This corresponds to a dividend yield of 4.61 %.

In which sector is OceanFirst Financial located?

OceanFirst Financial is assigned to the 'Finance' sector.

Wann musste ich die Aktien von OceanFirst Financial kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of OceanFirst Financial from 8/16/2024 amounting to 0.2 USD, you needed to have the stock in your portfolio before the ex-date on 8/5/2024.

When did OceanFirst Financial pay the last dividend?

The last dividend was paid out on 8/16/2024.

What was the dividend of OceanFirst Financial in the year 2023?

In the year 2023, OceanFirst Financial distributed 0.74 USD as dividends.

In which currency does OceanFirst Financial pay out the dividend?

The dividends of OceanFirst Financial are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von OceanFirst Financial

Our stock analysis for OceanFirst Financial Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of OceanFirst Financial Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.