Hot Stock under Review: Northfield Bancorp Inc. (Staten Island, NY) (NASDAQ: NFBK)

Woodbridge, New Jersey, May 13, 2020 – Shares of Northfield Bancorp Inc. (Staten Island, NY) (NASDAQ: NFBK) showed the bearish trend with a lower momentum of -1.38% to $10.02. The company traded total volume of 13.921K shares as contrast to its average volume of 183.56K shares. The company has a market value of $476.50M and about 46.90M shares outstanding.

Northfield Bancorp Inc. (Staten Island, NY) (NASDAQ: NFBK) posted revenues of $30.56M for the quarter ended September 2018, surpassing the Zacks Consensus Estimate by 0.58%. This compares to year-ago revenues of $29.97M. The company has topped consensus revenue estimates two times over the last four quarters. Northfield Bancorp came out with quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -9.52%. A quarter ago, it was expected that this holding company for Northfield Bank would post earnings of $0.21 per share when it actually produced earnings of $0.23, delivering a surprise of 9.52%. Over the last four quarters, the company has surpassed consensus EPS estimates two times.

The Company offered net profit margin of 23.80%. ROE was recorded as 5.80% while beta factor was 0.74. The stock, as of recent close, has shown the weekly downbeat performance of -5.93% which was maintained at -40.09% in this year.

Julius Breit

I am Julius Breit and I focus on breaking news stories and ensuring we (“Liberty Headquarters”) offer timely reporting on some of the most recent stories released. I have formerly spent over 3 years as a trader in the U.S. Stock Market and is now semi-stepped down. I work on a full-time basis for Liberty Headquarters specializing in breaking stories, activism, companies, and legislation. Address: 3083 Olen Thomas Drive, Frisco, TX 75034, USA Phone: (+1) 940-698-0374 Email: juliusbreit@libertyheadquarters.com

Julius Breit

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