What is DA Davidson’s Estimate for NFBK Q4 Earnings?

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) – Research analysts at DA Davidson issued their Q4 2024 earnings per share estimates for shares of Northfield Bancorp, Inc. (Staten Island, NY) in a research note issued on Friday, November 8th. DA Davidson analyst M. Navas forecasts that the bank will earn $0.18 per share for the quarter. The consensus estimate for Northfield Bancorp, Inc. (Staten Island, NY)’s current full-year earnings is $0.67 per share.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last announced its quarterly earnings results on Wednesday, October 23rd. The bank reported $0.16 EPS for the quarter, meeting analysts’ consensus estimates of $0.16. The firm had revenue of $62.90 million during the quarter, compared to analysts’ expectations of $32.30 million. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 10.94% and a return on equity of 4.05%.

A number of other research firms have also recently commented on NFBK. Keefe, Bruyette & Woods lifted their price objective on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $9.50 to $11.25 and gave the stock a “market perform” rating in a research report on Tuesday, July 30th. StockNews.com raised shares of Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a report on Tuesday.

Northfield Bancorp, Inc. (Staten Island, NY) Price Performance

Shares of NASDAQ NFBK opened at $13.74 on Monday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.50. The business’s 50 day moving average price is $11.88 and its two-hundred day moving average price is $10.71. The company has a market cap of $593.43 million, a PE ratio of 21.47 and a beta of 0.74. Northfield Bancorp, Inc. has a twelve month low of $6.98 and a twelve month high of $14.28.

Hedge Funds Weigh In On Northfield Bancorp, Inc. (Staten Island, NY)

Institutional investors and hedge funds have recently modified their holdings of the business. Illinois Municipal Retirement Fund raised its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 5.0% in the 1st quarter. Illinois Municipal Retirement Fund now owns 23,503 shares of the bank’s stock worth $228,000 after purchasing an additional 1,123 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 3.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 38,748 shares of the bank’s stock valued at $377,000 after buying an additional 1,165 shares during the period. Signaturefd LLC grew its position in Northfield Bancorp, Inc. (Staten Island, NY) by 227.2% during the third quarter. Signaturefd LLC now owns 2,143 shares of the bank’s stock worth $25,000 after buying an additional 1,488 shares in the last quarter. nVerses Capital LLC grew its position in Northfield Bancorp, Inc. (Staten Island, NY) by 105.9% during the second quarter. nVerses Capital LLC now owns 3,500 shares of the bank’s stock worth $33,000 after buying an additional 1,800 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 13.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,752 shares of the bank’s stock worth $159,000 after acquiring an additional 2,030 shares during the period. 65.51% of the stock is currently owned by institutional investors and hedge funds.

Northfield Bancorp, Inc. (Staten Island, NY) Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 6th will be issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date of this dividend is Wednesday, November 6th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is currently 81.25%.

Northfield Bancorp, Inc. (Staten Island, NY) Company Profile

Northfield Bancorp, Inc (Staten Island, NY) operates as the bank holding company for Northfield Bank that provides various banking products and services primarily to individuals and corporate customers. It accepts various deposits products, including certificates of deposit, passbook, statement, and money market savings accounts; transaction deposit accounts comprising negotiable orders of withdrawal accounts, and interest and non-interest-bearing checking accounts; and brokered deposits.