Oritani Financial is a savings and loan holding company. Through its subsidiary, Oritani Bank, Co. is primarily engaged in accepting retail and commercial bank deposits from the general public in the areas surrounding its corporate office in the Township of Washington, NJ, and its branch offices located in the New Jersey Counties of Bergen, Hudson, Essex and Passaic, and investing those deposits, together with funds generated from operations, in commercial real estate loans, one to four family residential mortgage loans as well as in second mortgage and equity loans, and investment securities. We show 44 historical shares outstanding datapoints in our coverage of ORIT's shares outstanding history.
Understanding the changing numbers of ORIT shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like ORIT versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching ORIT by allowing them to research ORIT shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
