What is DA Davidson's Estimate for NFBK Q1 Earnings?

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Free Report) - Equities researchers at DA Davidson issued their Q1 2025 earnings estimates for shares of Northfield Bancorp, Inc. (Staten Island, NY) in a note issued to investors on Friday, February 7th. DA Davidson analyst M. Navas expects that the bank will post earnings per share of $0.16 for the quarter. The consensus estimate for Northfield Bancorp, Inc. (Staten Island, NY)'s current full-year earnings is $0.94 per share.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The bank reported $0.21 earnings per share for the quarter, topping the consensus estimate 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%.

A number of other research analysts have also weighed in on the stock. Keefe, Bruyette & Woods cut their price target on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $14.25 to $13.00 and set a "market perform" rating on the stock in a research note on Monday, January 27th. StockNews.com raised shares of Northfield Bancorp, Inc. (Staten Island, NY) from a "sell" rating to a "hold" rating in a research note on Thursday, December 5th.

Northfield Bancorp, Inc. (Staten Island, NY) Trading Up 0.3 %

Northfield Bancorp, Inc. (Staten Island, NY) stock traded up $0.04 during midday trading on Monday, hitting $11.82. 138,928 shares of the stock were exchanged, compared to its average volume of 178,118. The company has a fifty day simple moving average of $11.89 and a two-hundred day simple moving average of $12.03. Northfield Bancorp, Inc. has a 52 week low of $6.98 and a 52 week high of $14.39. The stock has a market capitalization of $507.08 million, a PE ratio of 16.42 and a beta of 0.80. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.03.

Hedge Funds Weigh In On Northfield Bancorp, Inc. (Staten Island, NY)

A number of institutional investors have recently added to or reduced their stakes in the company. Signaturefd LLC increased its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 227.2% in the third quarter. Signaturefd LLC now owns 2,143 shares of the bank's stock valued at $25,000 after purchasing an additional 1,488 shares during the last quarter. Quarry LP bought a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the third quarter valued at about $28,000. Point72 Asset Management L.P. boosted its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 57.9% in the third quarter. Point72 Asset Management L.P. now owns 5,054 shares of the bank's stock valued at $59,000 after acquiring an additional 1,854 shares during the period. Quantbot Technologies LP bought a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the fourth quarter valued at about $74,000. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the fourth quarter valued at about $107,000. 65.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Annette Catino sold 22,000 shares of Northfield Bancorp, Inc. (Staten Island, NY) stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $13.12, for a total value of $288,640.00. Following the sale, the director now directly owns 225,653 shares in the company, valued at $2,960,567.36. This trade represents a 8.88 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 6.48% of the stock is owned by corporate insiders.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, February 5th will be issued a $0.13 dividend. The ex-dividend date of this dividend is Wednesday, February 5th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.40%. Northfield Bancorp, Inc. (Staten Island, NY)'s dividend payout ratio (DPR) is presently 72.22%.

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.