Oritani Financial Corp. (ORIT)

15.20
NASDAQ : Finance
Prev Close 15.20
Day Low/High 0.00 / 0.00
52 Wk Low/High 15.05 / 17.75
Avg Volume 194.20K
Exchange NASDAQ
Shares Outstanding 46.32M
Market Cap 711.03M
EPS 1.10
P/E Ratio 16.11
Div & Yield 1.00 (5.05%)

Latest News

Oritani Financial Breaks Above 200-Day Moving Average - Bullish for ORIT

Oritani Financial Breaks Above 200-Day Moving Average - Bullish for ORIT

In trading on Friday, shares of Oritani Financial Corp crossed above their 200 day moving average of $16.73, changing hands as high as $16.80 per share. Oritani Financial Corp shares are currently trading up about 3.1% on the day.

Oritani Financial (ORIT) Shares Cross Above 200 DMA

Oritani Financial (ORIT) Shares Cross Above 200 DMA

In trading on Tuesday, shares of Oritani Financial Corp crossed above their 200 day moving average of $16.76, changing hands as high as $16.95 per share. Oritani Financial Corp shares are currently trading up about 0.6% on the day.

Oritani Financial Enters Oversold Territory

Oritani Financial Enters Oversold Territory

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Oritani Financial Corp presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

ORIT Crosses Below Key Moving Average Level

In trading on Tuesday, shares of Oritani Financial Corp crossed below their 200 day moving average of $16.66, changing hands as low as $16.60 per share. Oritani Financial Corp shares are currently trading off about 1.2% on the day.

Oritani Financial Stock Sees Short Interest Move 35.2% Higher

The most recent short interest data has been released for the 01/31/2017 settlement date, which shows a 401,833 share increase in total short interest for Oritani Financial Corp , to 1,544,279, an increase of 35.17% since 01/13/2017. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.

ORIT Crosses Above Key Moving Average Level

ORIT Crosses Above Key Moving Average Level

In trading on Wednesday, shares of Oritani Financial Corp crossed above their 200 day moving average of $16.30, changing hands as high as $16.55 per share. Oritani Financial Corp shares are currently trading up about 5.1% on the day.

ORIT Ex-Dividend Reminder - 11/2/16

ORIT Ex-Dividend Reminder - 11/2/16

Looking at the universe of stocks we cover at Dividend Channel, on 11/2/16, Oritani Financial Corp will trade ex-dividend, for its quarterly dividend of $0.175, payable on 11/18/16. As a percentage of ORIT's recent stock price of $15.75, this dividend works out to approximately 1.11%, so look for shares of Oritani Financial Corp to trade 1.11% lower — all else being equal — when ORIT shares open for trading on 11/2/16.

ORIT Ex-Dividend Reminder - 8/3/16

ORIT Ex-Dividend Reminder - 8/3/16

Looking at the universe of stocks we cover at Dividend Channel, on 8/3/16, Oritani Financial Corp will trade ex-dividend, for its quarterly dividend of $0.175, payable on 8/19/16. As a percentage of ORIT's recent stock price of $16.19, this dividend works out to approximately 1.08%, so look for shares of Oritani Financial Corp to trade 1.08% lower — all else being equal — when ORIT shares open for trading on 8/3/16.

Short Interest Declines 16.8% For ORIT

Short Interest Declines 16.8% For ORIT

The most recent short interest data has been released for the 06/30/2016 settlement date, which shows a 276,001 share decrease in total short interest for Oritani Financial Corp , to 1,367,549, a decrease of 16.79% since 06/15/2016. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.

Oritani Financial Becomes Oversold

Oritani Financial Becomes Oversold

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Oritani Financial Corp presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

13F Hit Parade, Or Why Small-Bank Activists Rock My World

I am keeping my eye on the bank specialists and activists as 13F filings start rolling in.

Oritani Financial Named Top Dividend Stock With Insider Buying and 4.28% Yield (ORIT)

Oritani Financial Named Top Dividend Stock With Insider Buying and 4.28% Yield (ORIT)

In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and directors of a company tend to have a unique insider's view of the business, and presumably the only reason an insider would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both.

Reminder - Oritani Financial (ORIT) Goes Ex-Dividend Soon

Reminder - Oritani Financial (ORIT) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 11/4/15, Oritani Financial Corp will trade ex-dividend, for its quarterly dividend of $0.175, payable on 11/20/15. As a percentage of ORIT's recent stock price of $15.90, this dividend works out to approximately 1.10%, so look for shares of Oritani Financial Corp to trade 1.10% lower — all else being equal — when ORIT shares open for trading on 11/4/15.

TheStreet Quant Rating: B- (Buy)