OceanFirst Financial stock weighs a Q2 revenue miss
Published on 10/04/2026 at 22:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
OceanFirst Financial stock (ISIN US6752341080) was last at USD 16.78 on Nasdaq on October 2, 2026, up 0.66 percent from the prior close. The latest reported quarter combined core earnings in line with expectations and revenue below the analyst estimate, making the October 28 reporting date the next major checkpoint.
Revenue missed the estimate
According to MarketBeat on September 29, 2026, OceanFirst Financial reported second-quarter 2026 earnings per share of USD 0.43, matching the USD 0.43 consensus estimate. Revenue reached USD 131.33 million, below the USD 135.62 million consensus, a shortfall of USD 4.29 million or 3.2 percent.
The mixed result matters because the earnings comparison was stable while the revenue line missed expectations. The finance data show consolidated net income of negative USD 3.029 million and diluted EPS of negative USD 0.04 for Q2 2026, while the MarketBeat figure is identified as core EPS, so the two figures represent different performance measures.
Analysts see value above the price
MarketBeat reported on September 15, 2026, that six analysts rated the shares five Holds and one Buy, producing a consensus rating of Hold and an average 12-month price target of USD 21.50. The target lies 28.1 percent above the October 2 price of USD 16.78.
The same Yahoo Finance page lists Piper Sandler's August 5, 2026 action as a Neutral reiteration with its price target raised from USD 19.00 to USD 21.00. That target remains below the broader consensus and places greater weight on the bank's revenue execution.
Stock remains below its yearly high
OceanFirst Financial stock sits within a USD 16.16 to USD 20.61 52-week range, with the October 2 close 18.6 percent below the high. Trading volume reached 1,013,140 shares, above the displayed average volume of 969,101 shares, while market capitalization stood at USD 1.6 billion.
The company operates OceanFirst Bank as a community-focused bank serving retail and commercial customers, with deposits, residential lending, commercial real estate loans and wealth-related services. Its investor-relations page identifies OceanFirst Financial as the holding company for OceanFirst Bank N.A.
October 28 is the next checkpoint
GetSignal lists October 28, 2026, as the next OCFC earnings date. The upcoming report will show whether revenue can close the USD 4.29 million gap recorded in Q2 2026 while core EPS remains aligned with consensus.
OceanFirst Financial stock at USD 16.78
OceanFirst Financial stock closed at USD 16.78 on Nasdaq on October 2, 2026, with a 52-week range of USD 16.16 to USD 20.61 and a market capitalization of USD 1.6 billion.
OceanFirst Financial stock facts
- Company: OceanFirst Financial Corp.
- ISIN: US6752341080
- Ticker: OCFC
- Trading venue: NASDAQ
- Price (as of October 2, 2026): Closing price USD 16.78
- Market capitalization: USD 1.6 billion (as of October 2, 2026)
- 52-week range: USD 16.16-20.61 (as of October 2, 2026)
- Sector / Industry: Financial Services / Regional Banks
Upcoming dates for OceanFirst Financial stock
- October 28, 2026: Next earnings report
