OCFC
OceanFirst Financial Corp
Price:  
16.08 
USD
Volume:  
235,081.00
United States | Banks
Valuation
Overview
Financials
Forecast
Compare
Historical Price
SolvencyDividends
Transactions
People

OceanFirst Fair Value

59.30 %
Upside

As of 2024-05-18, the Fair Value of OceanFirst Financial Corp (OCFC) is 25.62 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 16.08 USD, the upside of OceanFirst Financial Corp is 59.30%.

16.08 USD
Stock Price
25.62 USD
Fair Price
FAIR VALUE CALCULATION

OceanFirst Fair Value

Peter Lynch's formula is:

OceanFirst Fair Value
= Earnings Growth Rate x TTM EPS
OceanFirst Fair Value
= 14.54 x 1.76
OceanFirst Fair Value
= 25.62

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 88.60 63.30 110.10 146.60 104.03 102.53
YoY growth 23.23% -28.56% 73.93% 33.15% -29.04% 14.54%

OceanFirst Fair Value - Key Data

Market Cap (mil) 957.24
P/E 9.13x
Forward P/E 9.02x
EPS 1.76
Avg earnings growth rate 14.54%
TTM earnings 104.85