Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) Projected to Post Earnings on Wednesday

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

NFBK stock traded up $0.30 during mid-day trading on Wednesday, reaching $11.67. 132,794 shares of the company traded hands, compared to its average volume of 158,477. The company has a fifty day moving average price of $12.57 and a 200-day moving average price of $11.90. Northfield Bancorp, Inc. has a 52-week low of $6.98 and a 52-week high of $14.39. The company has a market capitalization of $500.69 million, a P/E ratio of 18.23 and a beta of 0.80. 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. (Staten Island, NY) Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th were paid a dividend of $0.13 per share. The ex-dividend date was Wednesday, November 6th. This represents a $0.52 annualized dividend and a yield of 4.46%. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is currently 81.25%.

Analysts Set New Price Targets

Several research firms have issued reports on NFBK. Keefe, Bruyette & Woods increased their target price on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $12.50 to $14.25 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th. 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.

Insider Activity at Northfield Bancorp, Inc. (Staten Island, NY)

In other Northfield Bancorp, Inc. (Staten Island, NY) news, Director Annette Catino sold 22,000 shares of the firm’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $13.12, for a total transaction of $288,640.00. Following the sale, the director now owns 225,653 shares in the company, 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 is available at this hyperlink. 6.48% of the stock is currently owned by insiders.

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.