NFBK Forecast


Bullish Case: NFBK's stable dividend yield of 6.68% and recent upward movement in price suggest potential for continued recovery. Insider buying signals confidence, and the bank's focus on customer service may sustain income growth.


Bearish Case: Low likelihood of high returns over short holding periods and mean reversion indicate limited upside. Negative earnings trends and high volatility in options imply potential for continued financial instability.


Potential Outcomes:

1. Dividend stability supports investor confidence (50%).

2. Negative earnings impacting stock price (30%).

3. Economic downturn further reducing price (20%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


June 30, 2024


Northfield Bancorp Forecast

NFBK      Northfield Bancorp











Correlated Assets

Assets that tend to move strongly with NFBK



JACK Forecast + Options Trading Strategies   JACK  Jack In The Box (0.89)


ABCL Forecast + Options Trading Strategies   ABCL  AbCellera Biologics (0.88)


U Forecast + Options Trading Strategies   U  Unity Software (0.87)


BA Forecast + Options Trading Strategies   BA  Boeing (0.86)


FIVN Forecast + Options Trading Strategies   FIVN  Five9 (0.86)



Uncorrelated Assets

Assets with little price relationship to NFBK



ESTA Forecast + Options Trading Strategies   ESTA  Establishment Labs (0.0)


RKT Forecast + Options Trading Strategies   RKT  Rocket Companies (-0.0)


CURE Forecast + Options Trading Strategies   CURE  Direxion Daily Healthcare Bull 3X Shares (-0.0)


AAP Forecast + Options Trading Strategies   AAP  Advance Auto Parts (0.0)


LYV Forecast + Options Trading Strategies   LYV  Live Nation Entertainment (0.0)



Anticorrelated Assets

Assets that tend to move strongly against NFBK



FTI Forecast + Options Trading Strategies   FTI  TechnipFMC (-0.75)


BJ Forecast + Options Trading Strategies   BJ  BJ's Wholesale Club (-0.75)


ACGL Forecast + Options Trading Strategies   ACGL  Arch (-0.76)


RRC Forecast + Options Trading Strategies   RRC  Range Resources (-0.77)


CNX Forecast + Options Trading Strategies   CNX  CNX Resources (-0.79)





Become a more profitable investor with AI optimized trading strategies






×

Chat with NFBK


 Ask any question about NFBK!