Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) Projected to Post Quarterly Earnings on Wednesday

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Get Free Report) is expected to be announcing its earnings results before the market opens on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.18 per share and revenue of $29.82 million for the quarter.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Get Free Report) last released its earnings results on Wednesday, January 22nd. The bank reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.18 by $0.03. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 11.76% and a return on equity of 4.12%. On average, analysts expect Northfield Bancorp, Inc. (Staten Island, NY) to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Northfield Bancorp, Inc. (Staten Island, NY) Trading Up 1.0 %

NFBK stock traded up $0.10 on Friday, hitting $9.66. 218,417 shares of the company were exchanged, compared to its average volume of 256,819. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market capitalization of $412.25 million, a price-to-earnings ratio of 13.42 and a beta of 0.68. Northfield Bancorp, Inc. has a twelve month low of $6.98 and a twelve month high of $14.39. The business's fifty day moving average is $10.97 and its two-hundred day moving average is $11.78.

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

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, February 5th were issued a dividend of $0.13 per share. The ex-dividend date was Wednesday, February 5th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 5.38%. Northfield Bancorp, Inc. (Staten Island, NY)'s payout ratio is 72.22%.

Insiders Place Their Bets

In related news, Director Gil Chapman sold 11,000 shares of Northfield Bancorp, Inc. (Staten Island, NY) stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $11.89, for a total transaction of $130,790.00. Following the transaction, the director now owns 48,005 shares in the company, valued at approximately $570,779.45. The trade was a 18.64 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 6.48% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods lowered their price target on Northfield Bancorp, Inc. (Staten Island, NY) from $14.25 to $13.00 and set a "market perform" rating for the company in a research report on Monday, January 27th.

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.