OFG Bancorp (OFG) Competitors

$37.61
-0.24 (-0.63%)
(As of 05/13/2024 ET)

OFG vs. RNST, HTLF, TOWN, BANR, LKFN, EFSC, SBCF, INDB, SYBT, and FBNC

Should you be buying OFG Bancorp stock or one of its competitors? The main competitors of OFG Bancorp include Renasant (RNST), Heartland Financial USA (HTLF), TowneBank (TOWN), Banner (BANR), Lakeland Financial (LKFN), Enterprise Financial Services (EFSC), Seacoast Banking Co. of Florida (SBCF), Independent Bank (INDB), Stock Yards Bancorp (SYBT), and First Bancorp (FBNC). These companies are all part of the "regional banks" industry.

OFG Bancorp vs.

OFG Bancorp (NYSE:OFG) and Renasant (NASDAQ:RNST) are both small-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, media sentiment, institutional ownership, earnings, risk, analyst recommendations, valuation, dividends and community ranking.

OFG Bancorp has higher earnings, but lower revenue than Renasant. OFG Bancorp is trading at a lower price-to-earnings ratio than Renasant, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
OFG Bancorp$770.73M2.30$181.87M$3.919.66
Renasant$910.39M1.90$144.68M$2.4612.50

OFG Bancorp has a net margin of 23.00% compared to Renasant's net margin of 14.67%. OFG Bancorp's return on equity of 16.10% beat Renasant's return on equity.

Company Net Margins Return on Equity Return on Assets
OFG Bancorp23.00% 16.10% 1.73%
Renasant 14.67%7.44%0.98%

92.7% of OFG Bancorp shares are owned by institutional investors. Comparatively, 77.3% of Renasant shares are owned by institutional investors. 2.2% of OFG Bancorp shares are owned by insiders. Comparatively, 2.8% of Renasant shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Renasant received 78 more outperform votes than OFG Bancorp when rated by MarketBeat users. However, 65.15% of users gave OFG Bancorp an outperform vote while only 57.69% of users gave Renasant an outperform vote.

CompanyUnderperformOutperform
OFG BancorpOutperform Votes
286
65.15%
Underperform Votes
153
34.85%
RenasantOutperform Votes
364
57.69%
Underperform Votes
267
42.31%

OFG Bancorp has a beta of 1.08, suggesting that its share price is 8% more volatile than the S&P 500. Comparatively, Renasant has a beta of 1.04, suggesting that its share price is 4% more volatile than the S&P 500.

In the previous week, OFG Bancorp had 14 more articles in the media than Renasant. MarketBeat recorded 14 mentions for OFG Bancorp and 0 mentions for Renasant. OFG Bancorp's average media sentiment score of 0.38 beat Renasant's score of 0.00 indicating that OFG Bancorp is being referred to more favorably in the media.

Company Overall Sentiment
OFG Bancorp Neutral
Renasant Neutral

OFG Bancorp pays an annual dividend of $1.00 per share and has a dividend yield of 2.6%. Renasant pays an annual dividend of $0.88 per share and has a dividend yield of 2.9%. OFG Bancorp pays out 25.6% of its earnings in the form of a dividend. Renasant pays out 35.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

OFG Bancorp presently has a consensus price target of $40.00, suggesting a potential upside of 5.68%. Renasant has a consensus price target of $33.00, suggesting a potential upside of 7.14%. Given Renasant's higher possible upside, analysts plainly believe Renasant is more favorable than OFG Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
OFG Bancorp
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Renasant
0 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Summary

OFG Bancorp beats Renasant on 14 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding OFG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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OFG vs. The Competition

MetricOFG BancorpState commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$1.77B$2.31B$8.89B$17.82B
Dividend Yield2.64%4.20%10.66%3.47%
P/E Ratio9.6611.9351.5822.55
Price / Sales2.302.033,491.8810.39
Price / Cash8.648.6727.0615.76
Price / Book1.491.032.504.97
Net Income$181.87M$403.09M$990.34M$963.48M
7 Day Performance-0.66%0.46%1.36%1.80%
1 Month Performance9.86%5.58%3.44%3.96%
1 Year Performance61.57%39.33%25.00%133.04%

OFG Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RNST
Renasant
0.8961 of 5 stars
$30.23
-0.4%
$33.00
+9.2%
+26.8%$1.70B$910.39M12.292,300Positive News
HTLF
Heartland Financial USA
4.1679 of 5 stars
$43.59
-0.1%
$45.00
+3.2%
+63.9%$1.86B$932.87M26.261,970Dividend Announcement
Ex-Dividend
Short Interest ↑
TOWN
TowneBank
3.4873 of 5 stars
$27.11
-1.3%
$29.50
+8.8%
+27.0%$1.97B$941.58M13.492,784Short Interest ↑
BANR
Banner
3.4318 of 5 stars
$46.23
-0.2%
$51.20
+10.8%
+10.2%$1.59B$745.98M9.611,966
LKFN
Lakeland Financial
2.8395 of 5 stars
$61.33
-0.8%
$74.00
+20.7%
+42.1%$1.56B$393.12M16.94628
EFSC
Enterprise Financial Services
4.4812 of 5 stars
$39.50
-0.7%
$47.00
+19.0%
+4.8%$1.48B$833.64M8.461,221Short Interest ↑
SBCF
Seacoast Banking Co. of Florida
2.6657 of 5 stars
$24.23
-1.9%
$26.10
+7.7%
+27.4%$2.10B$539.37M17.311,541
INDB
Independent Bank
4.1346 of 5 stars
$50.74
-1.5%
$60.00
+18.2%
+13.5%$2.19B$704.44M9.801,787Short Interest ↑
SYBT
Stock Yards Bancorp
3.4754 of 5 stars
$46.64
-0.3%
$50.00
+7.2%
+14.6%$1.37B$438.92M13.101,075Positive News
FBNC
First Bancorp
2.31 of 5 stars
$31.73
+0.9%
$33.00
+4.0%
+16.5%$1.31B$546.25M11.451,445

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This page (NYSE:OFG) was last updated on 5/13/2024 by MarketBeat.com Staff

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