Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) to Release Quarterly Earnings on Wednesday

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) is expected to issue its quarterly earnings data before the market opens on Wednesday, January 22nd. Analysts expect the company to announce earnings of $0.18 per share and revenue of $29,060.00 billion for the quarter.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last posted its quarterly earnings data on Wednesday, October 23rd. The bank reported $0.16 earnings per share for the quarter, meeting the consensus estimate of $0.16. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 10.94% and a return on equity of 4.05%. The firm had revenue of $62.90 million during the quarter, compared to analysts’ expectations of $32.30 million. On average, analysts expect Northfield Bancorp, Inc. (Staten Island, NY) to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

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

Shares of NFBK stock opened at $11.52 on Monday. Northfield Bancorp, Inc. has a 1 year low of $6.98 and a 1 year high of $14.39. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.50. The firm’s 50 day moving average is $12.49 and its 200-day moving average is $11.94. The firm has a market capitalization of $494.21 million, a price-to-earnings ratio of 18.00 and a beta of 0.80.

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

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 6th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 4.51%. The ex-dividend date was Wednesday, November 6th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is 81.25%.

Insiders Place Their Bets

In other news, Director Annette Catino sold 22,000 shares of the company’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $13.12, for a total value of $288,640.00. Following the completion of the sale, the director now directly owns 225,653 shares of the company’s stock, valued at $2,960,567.36. This represents a 8.88 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 6.48% of the company’s stock.

Analysts Set New Price Targets

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

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.