Northfield Bancorp Inc

Northfield Bancorp Inc Stock Forecast & Price Prediction

Live Northfield Bancorp Inc Stock (NFBK) Price
$12.88

3

Ratings

  • Buy 0
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$12.88

P/E Ratio

20.13

Volume Traded Today

$180,975

Dividend

$0.13

52 Week High/low

14.39/6.98

Northfield Bancorp Inc Market Cap

$552.6M

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NFBK Summary

Based on ratings from 3 stock analysts, the Northfield Bancorp Inc stock price is expected to increase by 6.75% in 12 months. This is calculated by using the average 12-month stock price forecast for Northfield Bancorp Inc. The lowest target is $13 and the highest is $14.25. Please note analyst price targets are not guaranteed and could be missed completely.

NFBK Analyst Ratings

NFBK is a stock in Financial Services which has been forecasted to be worth $13.75 as an average. On the higher end, the forecast price is $14.25 USD by Christopher O'Connell from Keefe, Bruyette & Woods and on the lower end NFBK is forecasted to be $13 by Frank Schiraldi from Piper Sandler.

NFBK stock forecast by analyst

These are the latest 20 analyst ratings of NFBK.

Analyst/Firm

Rating

Price Target

Change

Date

Christopher O'Connell
Keefe, Bruyette & Woods

Market Perform

$14.25

Maintains

Dec 4, 2024
Frank Schiraldi
Piper Sandler

Neutral

$13

Maintains

Aug 1, 2024
Christopher O'Connell
Keefe, Bruyette & Woods

Market Perform

$11.25

Maintains

Jul 30, 2024
Frank Schiraldi
Piper Sandler

Neutral

$11

Maintains

May 1, 2024
Christopher O'Connell
Keefe, Bruyette & Woods

Market Perform

$11

Maintains

Apr 5, 2024
Christopher O'Connell
Keefe, Bruyette & Woods

Market Perform

$12.5

Maintains

Apr 6, 2023
Frank Schiraldi
Piper Sandler

Neutral

$14

Maintains

Jun 21, 2022

DA Davidson

Neutral

$19

Downgrade

Dec 15, 2021

Piper Sandler

Neutral


Downgrade

Sep 27, 2021

DA Davidson

Buy


Upgrade

Dec 18, 2020

Piper Sandler

Overweight


Upgrade

Oct 1, 2020

DA Davidson

Neutral


Initiates

Sep 1, 2017

PiperJaffray

Neutral


Initiates

Apr 14, 2016

Piper Sandler

Neutral


Initiates

Apr 14, 2016

Keefe, Bruyette & Woods

Market Perform

$16

Maintains

Nov 4, 2015

Keefe Bruyette & Woods

Market Perform


Maintains

Nov 4, 2015

Jefferies

Hold


Initiates

Jul 21, 2015

Keefe Bruyette & Woods

Market Perform


Downgrade

Nov 12, 2014

Keefe, Bruyette & Woods

Market Perform


Downgrade

Nov 12, 2014

Sterne Agee

Neutral


Downgrade

Oct 15, 2014

NFBK Company Information

What They Do: Provides banking products and services.

Business Model: The company operates as a bank holding company, primarily generating revenue through various deposit accounts and a wide array of loan products. It offers both consumer and commercial banking services, including checking and savings accounts, as well as real estate and other types of loans. Additionally, it invests in securities and provides digital banking services to enhance customer engagement.

Other Information: Founded in 1887, Northfield Bancorp has a long-standing history and operates full-service banking offices across Staten Island, Brooklyn, and parts of New Jersey. The company also emphasizes modern banking conveniences such as online and mobile banking, aiming to meet the needs of both individual and corporate customers.
NFBK
Northfield Bancorp Inc (NFBK)

When did it IPO

2007

Staff Count

397

Country

United States

Sector/Industry

Financial Services/Banks - Regional

CEO

Mr. Steven M. Klein CPA

Market Cap

$552.6M

Northfield Bancorp Inc (NFBK) Financial Data

In 2023, NFBK generated $136.6M in revenue, which was a decrease of -17.88% from the previous year. This can be seen as a signal that NFBK's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$141.3M

Revenue From 2021

$170.1M

20.40 %
From Previous Year

Revenue From 2022

$166.3M

-2.24 %
From Previous Year

Revenue From 2023

$136.6M

-17.88 %
From Previous Year
  • Revenue TTM $124.6M
  • Operating Margin TTM 32.5%
  • Gross profit TTM $0
  • Return on assets TTM 0.5%
  • Return on equity TTM 3.9%
  • Profit Margin 21.6%
  • Book Value Per Share 16.31%
  • Market capitalisation $552.6M
  • Revenue for 2021 $170.1M
  • Revenue for 2022 $166.3M
  • Revenue for 2023 $136.6M
  • EPS this year (TTM) $0.64

Northfield Bancorp Inc (NFBK) Latest News

News Image

Wed, 23 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - For the current quarter, diluted EPS rose to $0.16 from $0.14 in the prior quarter, but decreased from $0.19 a year ago. Net interest margin remained stable at 2.08%.

Why It Matters - Earnings per share growth signals improving profitability, while stable net interest margin indicates consistent operational efficiency, both of which can positively influence stock performance.

News Image

Wed, 23 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Northfield Bancorp (NFBK) reported quarterly earnings of $0.16 per share, matching estimates but down from $0.19 per share the previous year.

Why It Matters - Northfield Bancorp's earnings match expectations but show a decline from the previous year, signaling potential concerns about growth and profitability, which may impact investor sentiment.

News Image

Wed, 09 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Northfield (NFBK) has been upgraded to a Zacks Rank #1 (Strong Buy), indicating increasing optimism about its earnings prospects.

Why It Matters - Northfield's upgrade to Zacks Rank #1 signals strong earnings potential, likely attracting more investor interest and driving stock price upward.

News Image

Wed, 18 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Northfield Bank Foundation has announced the appointment of John P. to a key position as of September 18, 2024. Further details on the role were not disclosed.

Why It Matters - Leadership changes at Northfield Bank Foundation can impact community investment strategies and overall bank performance, influencing investor sentiment and stock valuations.

News Image

Mon, 09 Sep 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Northfield Bancorp faces pressure on net interest income from rising expenses, affecting profitability. It maintains a conservative asset approach, with potential for future earnings growth while trading below tangible book value.

Why It Matters - Northfield Bancorp faces profitability challenges from rising interest expenses, yet its conservative asset management and discount to tangible book value indicate potential for future growth.

News Image

Wed, 24 Jul 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - For the quarter, diluted earnings per share were $0.14, down from $0.15 in the previous quarter and $0.22 a year ago, including $0.03 per share in severance and tax write-off expenses.

Why It Matters - Earnings per share declined, indicating potential weakening performance, while severance and tax write-offs signal restructuring costs, affecting future profitability and investor confidence.

...

NFBK Frequently asked questions

The highest forecasted price for NFBK is $14.25 from Christopher O'Connell at Keefe, Bruyette & Woods.

The lowest forecasted price for NFBK is $13 from Frank Schiraldi from Piper Sandler

The NFBK analyst ratings consensus are 0 buy ratings, 3 hold ratings, and 0 sell ratings.