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 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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.