What is DA Davidson’s Estimate for OCFC Q3 Earnings?

OceanFirst Financial Corp. (NASDAQ:OCFC) – Stock analysts at DA Davidson issued their Q3 2025 earnings per share (EPS) estimates for OceanFirst Financial in a research report issued on Monday, October 20th. DA Davidson analyst P. Winter expects that the savings and loans company will post earnings of $0.32 per share for the quarter. DA Davidson currently has a “Hold” rating on the stock. The consensus estimate for OceanFirst Financial’s current full-year earnings is $1.60 per share. DA Davidson also issued estimates for OceanFirst Financial’s FY2025 earnings at $1.32 EPS and FY2026 earnings at $1.90 EPS.

OceanFirst Financial (NASDAQ:OCFC) last issued its earnings results on Wednesday, June 14th. The savings and loans company reported $0.49 earnings per share (EPS) for the quarter. The business had revenue of $93.08 million during the quarter. OceanFirst Financial had a return on equity of 5.22% and a net margin of 12.89%.

A number of other analysts have also weighed in on the company. Zacks Research lowered OceanFirst Financial from a “hold” rating to a “strong sell” rating in a research note on Monday, September 1st. Keefe, Bruyette & Woods upgraded OceanFirst Financial from a “market perform” rating to an “outperform” rating and upped their target price for the company from $20.00 to $22.00 in a report on Friday, October 10th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of OceanFirst Financial in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, OceanFirst Financial has a consensus rating of “Hold” and a consensus price target of $21.80.

OceanFirst Financial Stock Performance

NASDAQ:OCFC opened at $19.02 on Wednesday. The firm has a market cap of $1.09 billion, a PE ratio of 13.49 and a beta of 1.02. OceanFirst Financial has a fifty-two week low of $14.29 and a fifty-two week high of $21.87. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.00 and a current ratio of 1.01. The business has a 50 day moving average price of $17.99 and a 200-day moving average price of $17.36.

Hedge Funds Weigh In On OceanFirst Financial

Institutional investors have recently added to or reduced their stakes in the company. Quarry LP raised its holdings in OceanFirst Financial by 132.3% in the first quarter. Quarry LP now owns 7,325 shares of the savings and loans company’s stock worth $125,000 after purchasing an additional 4,172 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in OceanFirst Financial by 458.0% in the second quarter. Tower Research Capital LLC TRC now owns 8,526 shares of the savings and loans company’s stock worth $150,000 after purchasing an additional 6,998 shares in the last quarter. EMC Capital Management raised its holdings in OceanFirst Financial by 8.7% in the second quarter. EMC Capital Management now owns 9,952 shares of the savings and loans company’s stock worth $175,000 after purchasing an additional 800 shares in the last quarter. Aigen Investment Management LP bought a new position in OceanFirst Financial in the first quarter worth $175,000. Finally, CANADA LIFE ASSURANCE Co increased its holdings in shares of OceanFirst Financial by 7.0% during the second quarter. CANADA LIFE ASSURANCE Co now owns 10,285 shares of the savings and loans company’s stock valued at $181,000 after acquiring an additional 673 shares in the last quarter. Institutional investors own 70.98% of the company’s stock.

About OceanFirst Financial

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services to retail and commercial customers. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits, that includes brokered deposits to retail, government, and business customers.