OceanFirst Financial Corp. Announces First Quarter Financial Results

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Go back to OceanFirst Financial Corp. Announces First Quarter Financial Results

Piper Jaffray Cuts Price Target on Oceanfirst Financial (OCFC) as Low Margins Drive 1Q Miss

April 25, 2016 9:23 AM EDT

Piper Jaffray maintained an Overweight rating on OceanFirst Financial (NASDAQ: OCFC), and cut the price target to $22.00 (from $23.00), following the company's 1Q earnings report. OCFC reported operating earnings of $0.32 per share, a penny below consensus. The miss was driven by a lower-than-anticipated margin of... More

Oceanfirst Financial (OCFC) Declares $0.13 Quarterly Dividend; 2.8% Yield

April 21, 2016 5:03 PM EDT

Oceanfirst Financial (NASDAQ: OCFC) declared a quarterly dividend of $0.13 per share, or $0.52 annualized.

The dividend will be payable on May 20, 2016, to stockholders of record on May 9, 2016, with an ex-dividend date of May 5, 2016.

The annual yield on the dividend is 2.8 percent.

For a... More