$0.27 EPS Expected for Oritani Financial Corp. (ORIT)

December 25, 2017 – By Ellis Scott

Investors sentiment increased to 1.27 in 2017 Q3. Its up 0.14, from 1.13 in 2017Q2. It is positive, as 9 investors sold Oritani Financial Corp. shares while 39 reduced holdings. 17 funds opened positions while 44 raised stakes. 28.16 million shares or 2.34% less from 28.83 million shares in 2017Q2 were reported.
Royal Fincl Bank Of Canada invested in 4,060 shares. Swiss Bank & Trust owns 64,600 shares. Moreover, Clover Ptnrs Ltd Partnership has 4.46% invested in Oritani Financial Corp. (NASDAQ:ORIT) for 662,098 shares. Pnc Finance Grp accumulated 4,116 shares. Nordea Investment Mgmt invested 0.01% of its portfolio in Oritani Financial Corp. (NASDAQ:ORIT). Comml Bank Of Montreal Can has invested 0% in Oritani Financial Corp. (NASDAQ:ORIT). Metropolitan Life Insur Company has invested 0% in Oritani Financial Corp. (NASDAQ:ORIT). Credit Agricole S A holds 66,500 shares or 0% of its portfolio. Clarivest Asset stated it has 12,148 shares or 0% of all its holdings. Rhumbline Advisers has invested 0% in Oritani Financial Corp. (NASDAQ:ORIT). Qs Limited Liability Corporation has invested 0% in Oritani Financial Corp. (NASDAQ:ORIT). Kbc Group Inc Nv holds 0% of its portfolio in Oritani Financial Corp. (NASDAQ:ORIT) for 28,260 shares. Tiaa Cref Invest Mngmt Ltd Co stated it has 0% in Oritani Financial Corp. (NASDAQ:ORIT). Public Sector Pension Invest Board has invested 0% in Oritani Financial Corp. (NASDAQ:ORIT). Jpmorgan Chase And has 88,188 shares for 0% of their portfolio.

Analysts expect Oritani Financial Corp. (NASDAQ:ORIT) to report $0.27 EPS on January, 23.They anticipate $0.01 EPS change or 3.85 % from last quarter’s $0.26 EPS. ORIT’s profit would be $12.50M giving it 15.46 P/E if the $0.27 EPS is correct. After having $0.27 EPS previously, Oritani Financial Corp.’s analysts see 0.00 % EPS growth. It closed at $16.7 lastly. It is down 4.02% since December 25, 2016 and is uptrending. It has underperformed by 12.68% the S&P500.

Oritani Financial Corp. (NASDAQ:ORIT) Ratings Coverage

Among 4 analysts covering Oritani Financial Corp (NASDAQ:ORIT), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Oritani Financial Corp had 9 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods on Thursday, July 27 with “Hold”. The stock of Oritani Financial Corp. (NASDAQ:ORIT) earned “Hold” rating by Sandler O’Neill on Tuesday, October 27. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, December 21 report. The stock has “Hold” rating by Zacks on Tuesday, August 11. Piper Jaffray maintained the stock with “Hold” rating in Wednesday, August 2 report. The stock has “Hold” rating by Keefe Bruyette & Woods on Tuesday, October 3. The firm has “Neutral” rating given on Thursday, April 14 by Piper Jaffray.

Oritani Financial Corp. operates as a savings and loan holding firm for Oritani Bank that provides various banking services for individual and corporate clients in the United States. The company has market cap of $772.87 million. It accepts a range of deposit products, including non-interest and interest-bearing demand and NOW checking accounts, money market deposit accounts, savings accounts, retirement accounts, and time deposits. It has a 14.79 P/E ratio. The firm also provides residential commercial real estate loans comprising mortgage loans secured by apartment buildings; commercial real estate loans, including mortgage loans secured by retail anchor shopping centers, commercial offices, retail space, warehouses, and mixed-use buildings; and residential real estate loans, such as one to four family residential real property and home equity loans.

More notable recent Oritani Financial Corp. (NASDAQ:ORIT) news were published by: Globenewswire.com which released: “Oritani Financial Corp. Reports Annual Earnings and Dividend” on July 27, 2017, also Nasdaq.com with their article: “Oritani Financial Corp. (ORIT) Ex-Dividend Date Scheduled for November 03, 2017” published on November 02, 2017, Globenewswire.com published: “Oritani Financial Corp. Announces Dividend and Quarterly Results” on October 25, 2017. More interesting news about Oritani Financial Corp. (NASDAQ:ORIT) were released by: Marketwatch.com and their article: “Oritani Financial Corp.” published on December 22, 2009 as well as Globenewswire.com‘s news article titled: “Oritani Financial Corp. Announces $0.45 Special Dividend” with publication date: November 21, 2017.