OCFC vs. BRKL, DCOM, PFC, CFFN, PFS, NWBI, NFBK, KRNY, CLBK, and BANC
Should you be buying OceanFirst Financial stock or one of its competitors? The main competitors of OceanFirst Financial include Brookline Bancorp (BRKL), Dime Community Bancshares (DCOM), Premier Financial (PFC), Capitol Federal Financial (CFFN), Provident Financial Services (PFS), Northwest Bancshares (NWBI), Northfield Bancorp, Inc. (Staten Island, NY) (NFBK), Kearny Financial (KRNY), Columbia Financial (CLBK), and Banc of California (BANC). These companies are all part of the "finance" sector.
Brookline Bancorp (NASDAQ:BRKL) and OceanFirst Financial (NASDAQ:OCFC) are both small-cap finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their profitability, risk, earnings, dividends, valuation, analyst recommendations, community ranking, institutional ownership and media sentiment.
78.9% of Brookline Bancorp shares are held by institutional investors. Comparatively, 71.0% of OceanFirst Financial shares are held by institutional investors. 2.9% of Brookline Bancorp shares are held by insiders. Comparatively, 5.0% of OceanFirst Financial shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Brookline Bancorp presently has a consensus price target of $11.08, indicating a potential upside of 21.79%. OceanFirst Financial has a consensus price target of $18.20, indicating a potential upside of 13.18%. Given OceanFirst Financial's stronger consensus rating and higher possible upside, equities research analysts clearly believe Brookline Bancorp is more favorable than OceanFirst Financial.
Brookline Bancorp pays an annual dividend of $0.54 per share and has a dividend yield of 5.9%. OceanFirst Financial pays an annual dividend of $0.80 per share and has a dividend yield of 5.0%. Brookline Bancorp pays out 58.1% of its earnings in the form of a dividend. OceanFirst Financial pays out 46.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Brookline Bancorp has raised its dividend for 6 consecutive years and OceanFirst Financial has raised its dividend for 2 consecutive years. Brookline Bancorp is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
OceanFirst Financial has higher revenue and earnings than Brookline Bancorp. OceanFirst Financial is trading at a lower price-to-earnings ratio than Brookline Bancorp, indicating that it is currently the more affordable of the two stocks.
OceanFirst Financial received 58 more outperform votes than Brookline Bancorp when rated by MarketBeat users. However, 58.05% of users gave Brookline Bancorp an outperform vote while only 56.28% of users gave OceanFirst Financial an outperform vote.
Brookline Bancorp has a beta of 0.79, indicating that its stock price is 21% less volatile than the S&P 500. Comparatively, OceanFirst Financial has a beta of 1.01, indicating that its stock price is 1% more volatile than the S&P 500.
In the previous week, Brookline Bancorp had 4 more articles in the media than OceanFirst Financial. MarketBeat recorded 4 mentions for Brookline Bancorp and 0 mentions for OceanFirst Financial. OceanFirst Financial's average media sentiment score of 1.19 beat Brookline Bancorp's score of 0.00 indicating that Brookline Bancorp is being referred to more favorably in the media.
OceanFirst Financial has a net margin of 15.54% compared to OceanFirst Financial's net margin of 13.13%. OceanFirst Financial's return on equity of 7.09% beat Brookline Bancorp's return on equity.
Summary
Brookline Bancorp beats OceanFirst Financial on 12 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding OCFC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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