Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Issues Earnings Results, Misses Estimates By $0.01 EPS

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) posted its earnings results on Wednesday. The bank reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01), Yahoo Finance reports. The company had revenue of $62.03 million during the quarter, compared to the consensus estimate of $30.93 million. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.66% and a net margin of 14.02%.

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

Shares of NFBK stock traded up $0.35 on Friday, hitting $8.64. 89,909 shares of the stock traded hands, compared to its average volume of 209,258. The firm has a market cap of $384.13 million, a price-to-earnings ratio of 11.29 and a beta of 0.68. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.12 and a quick ratio of 1.12. The firm has a 50 day simple moving average of $9.46 and a two-hundred day simple moving average of $10.35. Northfield Bancorp, Inc. has a 52 week low of $7.99 and a 52 week high of $13.48.

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

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Wednesday, May 8th will be paid a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 6.02%. The ex-dividend date of this dividend is Tuesday, May 7th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio (DPR) is currently 69.33%.

Analyst Ratings Changes

A number of analysts recently commented on NFBK shares. Keefe, Bruyette & Woods reduced their price objective on Northfield Bancorp, Inc. (Staten Island, NY) from $12.00 to $11.00 and set a “market perform” rating for the company in a research report on Friday, April 5th. TheStreet downgraded shares of Northfield Bancorp, Inc. (Staten Island, NY) from a “b-” rating to a “c+” rating in a report on Friday, March 1st.

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.