Equities Analysts Offer Predictions for NFBK FY2025 Earnings

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) – Investment analysts at DA Davidson dropped their FY2025 earnings estimates for shares of Northfield Bancorp, Inc. (Staten Island, NY) in a report released on Thursday, December 19th. DA Davidson analyst M. Navas now expects that the bank will earn $1.05 per share for the year, down from their prior forecast of $1.10. The consensus estimate for Northfield Bancorp, Inc. (Staten Island, NY)’s current full-year earnings is $0.66 per share.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last posted its quarterly earnings results on Wednesday, October 23rd. The bank reported $0.16 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.16. The business had revenue of $62.90 million for the quarter, compared to the consensus estimate of $32.30 million. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 10.94% and a return on equity of 4.05%.

Several other equities analysts have also weighed in on NFBK. Keefe, Bruyette & Woods raised their price objective on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $12.50 to $14.25 and gave the company a “market perform” rating in a research report on Wednesday, December 4th. StockNews.com upgraded shares of Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a report on Thursday, December 5th.

Northfield Bancorp, Inc. (Staten Island, NY) Stock Performance

Shares of NFBK stock opened at $12.00 on Friday. The firm has a market cap of $514.85 million, a P/E ratio of 18.75 and a beta of 0.78. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.09 and a quick ratio of 1.09. Northfield Bancorp, Inc. has a fifty-two week low of $6.98 and a fifty-two week high of $14.39. The stock’s 50-day moving average is $12.77 and its two-hundred day moving average is $11.48.

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

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th were issued a $0.13 dividend. The ex-dividend date was Wednesday, November 6th. This represents a $0.52 annualized dividend and a yield of 4.33%. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio (DPR) is currently 81.25%.

Insiders Place Their Bets

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 transaction, the director now owns 225,653 shares of the company’s stock, 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 SEC, which can be accessed through this hyperlink. Company insiders own 6.48% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Signaturefd LLC boosted its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 227.2% during the third quarter. Signaturefd LLC now owns 2,143 shares of the bank’s stock valued at $25,000 after acquiring an additional 1,488 shares during the period. Quarry LP bought a new stake in Northfield Bancorp, Inc. (Staten Island, NY) during the 3rd quarter valued at approximately $28,000. Point72 Asset Management L.P. bought a new stake in Northfield Bancorp, Inc. (Staten Island, NY) during the 2nd quarter valued at approximately $30,000. nVerses Capital LLC grew its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 105.9% in the 2nd quarter. nVerses Capital LLC now owns 3,500 shares of the bank’s stock valued at $33,000 after buying an additional 1,800 shares during the last quarter. Finally, Point72 DIFC Ltd bought a new position in Northfield Bancorp, Inc. (Staten Island, NY) in the 2nd quarter worth approximately $47,000. Institutional investors own 65.51% of the company’s stock.

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.