Q4 Earnings Estimate for NFBK Issued By DA Davidson

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) – Investment analysts at DA Davidson issued their Q4 2024 EPS estimates for shares of Northfield Bancorp, Inc. (Staten Island, NY) in a research note issued to investors on Friday, November 8th. DA Davidson analyst M. Navas expects that the bank will earn $0.18 per share for the quarter. The consensus estimate for Northfield Bancorp, Inc. (Staten Island, NY)’s current full-year earnings is $0.67 per share.

Separately, Keefe, Bruyette & Woods increased their target price on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $9.50 to $11.25 and gave the stock a “market perform” rating in a report on Tuesday, July 30th.

Northfield Bancorp, Inc. (Staten Island, NY) Trading Up 1.6 %

Northfield Bancorp, Inc. (Staten Island, NY) stock opened at $13.54 on Monday. The firm has a 50 day moving average of $11.81 and a 200 day moving average of $10.64. The firm has a market capitalization of $584.79 million, a price-to-earnings ratio of 21.16 and a beta of 0.74. Northfield Bancorp, Inc. has a 12-month low of $6.98 and a 12-month high of $13.78. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.50.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last released its earnings results on Wednesday, October 23rd. The bank reported $0.16 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.16. The company had revenue of $62.90 million during the quarter, compared to analyst estimates 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%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Signaturefd LLC boosted its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 227.2% in the 3rd quarter. Signaturefd LLC now owns 2,143 shares of the bank’s stock worth $25,000 after purchasing an additional 1,488 shares during the period. Point72 Asset Management L.P. bought a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the 2nd quarter valued at approximately $30,000. nVerses Capital LLC boosted its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 105.9% during the 2nd quarter. nVerses Capital LLC now owns 3,500 shares of the bank’s stock valued at $33,000 after acquiring an additional 1,800 shares during the last quarter. Point72 DIFC Ltd bought a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the 2nd quarter valued at approximately $47,000. Finally, EntryPoint Capital LLC bought a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the 1st quarter valued at approximately $53,000. 65.51% of the stock is currently owned by institutional investors.

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

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 6th will be paid a $0.13 dividend. The ex-dividend date is Wednesday, November 6th. This represents a $0.52 annualized dividend and a yield of 3.84%. Northfield Bancorp, Inc. (Staten Island, NY)’s payout ratio is 81.25%.

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.