Stock Fundamental Analysis on Oritani Financial Corp (NASDAQ:ORIT)

Oritani Financial Corp (NASDAQ:ORIT)(Trend analysis) is a company worth to look into from a fundamental point of view. Indeed the company has a return on equity of 8% compared to 9.6% for the Financial sector. You can also note that earnings per share (EPS) has grown by 62.2% on average for the last 5 years, indicative of consistent growth in earnings.

The price-earnings ratio of Oritani Financial Corp (NASDAQ:ORIT) stands at 16.96, which is lower than the sector average of 17.9, a good point for the company. Indeed it is better to compare price-earnings ratio to the sector P/E as this ratio can change significantly from one sector to another, making the comparison less relevant.

Also it is interesting to look into the ratio of debt to equity ratio to check if the company is not too much reliant on the outside funding to finance its growth. Oritani Financial Corp (ORIT) has a debt to equity ratio of 175% which is a reasonable figure and is below the Financial sector sector average of 182.5%.

From an income perspective, Oritani Financial Corp (ORIT) has a dividend yield of 2.93%. The dividend has remained flat over the last 5 years and the payout ratio stands at the high level of 99%.

ORIT has a Market Cap of $0.67 billion. The company’s stock year-to-date performance is in positive territory, at 8.19%. Oritani Financial Corp (ORIT) reported last quarter earnings on April 22. The Savings & Loans company announced earnings per share of $0.26 against a consensus Street estimate of $0.23, beating the average estimate by $0.03. This corresponds to a decrease of $0.02 compared to the same quarter of the previous fiscal year.

Is this a Buying Opportunity? Click here for a free Trend Analysis Report

There are currently three analysts that cover Oritani Financial Corp stock. Of those three, two have a Buy rating, one has a Hold rating. On a consensus basis this yields to an Overweight rating. The consensus target price stands at $16.33.

A recent analyst activity consisted of Fig Partners downgrading their Outperform rating to Market Perform on June 26. On the date of report, the stock closed at $16.28.

Keefe Bruyette & Woods reiterated their Market Perform stance on May 1, and increased their price target on ORIT stock from $14.5 to $15. This corresponds to a 7.86% downside from the last closing price. On the date of report, the stock closed at $14.92.

Oritani Financial Corporation is the bank holding company. The Bank attracts deposits, originates various loans, and invests in securities.

Stock Fundamental Analysis on Oritani Financial Corp (NASDAQ:ORIT) was last modified: June 29th, 2015 by Kelly Rhodes