What is DA Davidson’s Estimate for NFBK Q4 Earnings?

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

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last posted its earnings results on Wednesday, October 23rd. The bank reported $0.16 earnings per share for the quarter, meeting 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 net margin of 10.94% and a return on equity of 4.05%.

A number of other research analysts have also recently issued reports on NFBK. StockNews.com raised Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a report on Tuesday. Keefe, Bruyette & Woods raised their price target on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $9.50 to $11.25 and gave the company a “market perform” rating in a report on Tuesday, July 30th.

Northfield Bancorp, Inc. (Staten Island, NY) Trading Down 2.6 %

Shares of NFBK opened at $13.74 on Monday. The stock has a 50 day simple moving average of $11.88 and a 200-day simple moving average of $10.71. Northfield Bancorp, Inc. has a 1 year low of $6.98 and a 1 year high of $14.28. The stock has a market cap of $593.43 million, a PE ratio of 21.47 and a beta of 0.74. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.50.

Institutional Trading of Northfield Bancorp, Inc. (Staten Island, NY)

A number of institutional investors have recently bought and sold shares of NFBK. Signaturefd LLC boosted its position in shares of 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 last quarter. Point72 Asset Management L.P. bought a new position in Northfield Bancorp, Inc. (Staten Island, NY) during the second quarter worth about $30,000. nVerses Capital LLC grew 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 worth $33,000 after buying an additional 1,800 shares during the period. Point72 DIFC Ltd bought a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the 2nd quarter valued at about $47,000. Finally, EntryPoint Capital LLC acquired a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the 1st quarter valued at approximately $53,000. Institutional investors and hedge funds own 65.51% of the company’s stock.

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

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th will be paid a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date is Wednesday, November 6th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio (DPR) is 81.25%.

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.