OceanFirst Financial Corp. (NASDAQ:OCFC) vs. Its Rivals Head-To-Head Comparison

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

Profitability

This table compares OceanFirst Financial Corp. and its peers’ 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 20.42% 8.63% 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 35.4% of their earnings in the form of a dividend.

Analyst Ratings

This is a breakdown of current ratings and price targets for OceanFirst Financial Corp. and its peers, as reported by MarketBeat.com.

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 2863 2316 68 2.37

OceanFirst Financial Corp. presently has a consensus price target of $31.00, indicating a potential upside of 15.46%. As a group, “Commercial Banks” companies have a potential upside of 5.59%. Given OceanFirst Financial Corp.’s stronger consensus rating and higher possible upside, analysts clearly believe OceanFirst Financial Corp. is more favorable than its peers.

Institutional and Insider 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 large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Valuation & Earnings

This table compares OceanFirst Financial Corp. and its peers top-line revenue, earnings per share (EPS) 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 21.01

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

Risk and Volatility

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

Summary

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

OceanFirst Financial Corp. Company Profile

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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