Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) Expected to Announce Earnings on Wednesday

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) is expected to be releasing its earnings data before the market opens on Wednesday, April 23rd. Analysts expect Northfield Bancorp, Inc. (Staten Island, NY) to post earnings of $0.18 per share and revenue of $29.82 million for the quarter.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last announced its earnings results on Wednesday, January 22nd. The bank reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.03. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 11.76% and a return on equity of 4.12%. 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) Stock Performance

NASDAQ NFBK opened at $9.66 on Monday. The business’s 50 day moving average price is $10.97 and its 200-day moving average price is $11.78. Northfield Bancorp, Inc. has a fifty-two week low of $6.98 and a fifty-two week high of $14.39. The company has a market cap of $412.25 million, a P/E ratio of 13.42 and a beta of 0.68. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.00 and a current ratio of 1.00.

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

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, February 5th were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 5.38%. The ex-dividend date of this dividend was Wednesday, February 5th. Northfield Bancorp, Inc. (Staten Island, NY)’s payout ratio is currently 72.22%.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods lowered their price objective on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $14.25 to $13.00 and set a “market perform” rating for the company in a research report on Monday, January 27th.

Insider Activity

In other Northfield Bancorp, Inc. (Staten Island, NY) news, Director Gil Chapman sold 11,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $11.89, for a total transaction of $130,790.00. Following the completion of the transaction, the director now directly owns 48,005 shares of the company’s stock, valued at approximately $570,779.45. This trade represents a 18.64 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 6.48% of the company’s stock.

About Northfield Bancorp, Inc. (Staten Island, NY)

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.