When a company such as ORIT splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the ORIT split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ORIT shares, starting with a $10,000 purchase of ORIT, presented on a split-history-adjusted basis factoring in the complete ORIT split history.

About ORIT

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. According to our ORIT split history records, ORIT has had 1 split.

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