OFG Bancorp Company Profile (NYSE:OFG)

Analyst Ratings

Consensus Ratings for OFG Bancorp (NYSE:OFG) (?)
Ratings Breakdown: 2 Hold Rating(s), 2 Buy Rating(s)
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $10.56 (0.91% downside)

Analysts' Ratings History for OFG Bancorp (NYSE:OFG)
Show:
DateFirmActionRatingPrice TargetActions
7/25/2016Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$10.00 -> $11.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/26/2016Piper Jaffray Cos.Reiterated RatingNeutral$7.50 -> $9.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/25/2016Merion Capital GroupBoost Price TargetOutperform$6.75 -> $9.75View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/6/2015Jefferies GroupLower Price TargetBuy$13.00 -> $12.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/27/2015GuggenheimUpgradeNeutral -> BuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/29/2014 forward)

Earnings

Earnings History for OFG Bancorp (NYSE:OFG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
10/21/2016        
7/22/2016Q2$0.25$0.25$90.20 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/22/2016Q116$0.24$0.24$74.95 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/1/2016Q415$0.28$0.21$79.26 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/23/2015Q315$0.08$0.03$81.50 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/24/2015Q2$0.28($0.15)$729.84 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/24/2015Q115$0.39$0.21$95.10 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/30/2015Q414$0.35$0.36$100.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/23/2014Q314$0.38$0.34$96.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/23/2014Q214$0.38$0.38$96.23 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/29/2014Q114$0.34$0.42$97.97 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/3/2014Q413$0.40$0.35$94.35 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/28/2013Q313$0.40$0.34$93.98 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/22/2013Q2 2013$0.37$0.68$89.16 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/25/2013Q1 2013$0.38$0.37$81.19 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/7/2013Q4 2012$0.12$0.35$36.54 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/24/2012$0.17$0.35ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/23/2012$0.29$0.34ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/23/2012$0.19$0.23ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/25/2011$0.27$0.35ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/29/2011$0.13$0.04ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/3/2011$0.28$0.08ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for OFG Bancorp (NYSE:OFG)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.26$0.27$0.27
Q2 20162$0.28$0.31$0.30
Q3 20161$0.26$0.26$0.26
Q4 20162$0.26$0.27$0.27
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for OFG Bancorp (NYSE:OFG)
Annual Dividend:$0.24
Dividend Yield:2.25%
Payout Ratio:57.14% (Based on Trailing 12 Months of Earnings)
23.53% (Based on Current Year Consensus EPS Estimate)
22.64% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:18.60% (3 Year Average)

Dividend History for OFG Bancorp (NYSE:OFG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/26/2016quarterly$0.062.69%6/28/20166/30/20167/15/2016Tweet This Announcement  Share This Announcement on StockTwits
2/25/2016quarterly$0.064.55%3/24/20163/29/20164/15/2016Tweet This Announcement  Share This Announcement on StockTwits
11/19/2015quarterly$0.062.72%12/29/201512/31/20151/15/2016Tweet This Announcement  Share This Announcement on StockTwits
9/2/2015quarterly$0.104.52%9/28/20159/30/201510/15/2015Tweet This Announcement  Share This Announcement on StockTwits
5/28/2015quarterly$0.103.01%6/26/20156/30/20157/15/2015Tweet This Announcement  Share This Announcement on StockTwits
2/27/2015quarterly$0.102.29%3/27/20153/31/20154/15/2015Tweet This Announcement  Share This Announcement on StockTwits
11/19/2014quarterly$0.102.08%12/29/201412/31/20141/15/2015Tweet This Announcement  Share This Announcement on StockTwits
8/27/2014quarterly$0.082.02%9/26/20149/30/201410/15/2014Tweet This Announcement  Share This Announcement on StockTwits
5/28/2014quarterly$0.081.78%6/26/20146/30/20147/15/2014Tweet This Announcement  Share This Announcement on StockTwits
2/26/2014quarterly$0.081.99%3/26/20143/28/20144/15/2014Tweet This Announcement  Share This Announcement on StockTwits
12/5/2013quarterly$0.081.9%12/27/201312/31/20131/15/2014Tweet This Announcement  Share This Announcement on StockTwits
8/29/2013quarterly$0.061.4%9/26/20139/30/201310/15/2013Tweet This Announcement  Share This Announcement on StockTwits
5/23/2013quarterly$0.061.37%6/26/20136/28/20137/15/2013Tweet This Announcement  Share This Announcement on StockTwits
2/25/2013quarterly$0.061.57%3/26/20133/28/20134/15/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for OFG Bancorp (NYSE:OFG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
4/1/2016Rafael MartinezDirectorBuy7,000$6.99$48,930.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/16/2016Radames PenaDirectorBuy5,000$5.55$27,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/11/2016Radames PenaDirectorBuy5,000$4.69$23,450.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/4/2016Maritza ArizmendiCAOBuy4,000$5.65$22,600.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/29/2016Pedro MorazzaniDirectorBuy1,370$5.40$7,398.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/15/2016Pedro MorazzaniDirectorBuy3,000$5.98$17,940.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/12/2016Ganesh KumarCFOBuy3,734$6.04$22,553.36View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/11/2016Julian InclanDirectorBuy5,000$6.20$31,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/7/2016Jose Rafael FernandezCEOBuy3,000$6.82$20,460.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/16/2015Cesar A. OrtizSVPBuy600$6.54$3,924.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/11/2015Ganesh KumarCFOBuy5,000$6.73$33,650.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/11/2015Jorge ColonDirectorBuy6,000$6.74$40,440.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/9/2015Jose Rafael FernandezCEOBuy5,000$6.64$33,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/7/2015Ganesh KumarCFOSell1,100$18.01$19,811.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/2/2015Cesar A OrtizSVPBuy1,000$7.75$7,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/27/2015Josen RossiDirectorBuy7,000$6.90$48,300.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/4/2015Rafael MartinezDirectorBuy1,000$16.95$16,950.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/24/2015Josen RossiDirectorSell6,829$17.40$118,824.60View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/12/2015Josen RossiDirectorSell5,000$17.50$87,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/19/2014Rafael MartinezDirectorBuy1,065$18.85$20,075.25View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/18/2014Radames PenaDirectorBuy5,000$18.48$92,400.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/3/2014Norberto GonzalezEVPSell3,500$18.36$64,260.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/1/2014Norberto GonzalezEVPSell2,000$17.25$34,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/30/2014Rafael MartinezDirectorBuy2,965$16.85$49,960.25View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/13/2014Norberto GonzalezEVPSell4,000$17.05$68,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/1/2013Rafael MartinezDirectorBuy1,000$14.86$14,860.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/24/2012Julian InclanDirectorBuy5,000$12.93$64,650.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/12/2012Ganesh KumarCFOBuy2,645$12.37$32,718.65View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/30/2012Jose Rafael FernandezCEOBuy3,000$11.72$35,160.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/23/2012Jose Rafael FernandezCEOBuy5,000$11.64$58,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for OFG Bancorp (NYSE:OFG)
DateHeadline
07/26/16 08:59 AMOFG Bancorp :OFG-US: Earnings Analysis: Q2, 2016 By the Numbers : July 26, 2016 -
07/22/16 05:28 PMOFG Bancorp : posts 2Q profit
07/22/16 05:28 PMBRIEF-OFG Bancorp reports Q2 earnings per share $0.25
07/22/16 05:28 PMOFG Bancorp's (OFG) CEO Jose Rafael Fernández on Q2 2016 Results - Earnings Call Transcript
07/22/16 01:48 PMEdited Transcript of OFG earnings conference call or presentation 22-Jul-16 2:00pm GMT -
07/22/16 07:18 AMOFG Bancorp Reports 2Q16 Results - [at noodls] - 0f133970-1175-4c57-a1cb-3e0830346605.pdf ‌‌‌‌‌‌‌‌‌‌‌‌ SAN JUAN, Puerto Rico, July 22, 2016 - OFG Bancorp (NYSE: OFG) today reported results for the second quarter ended June 30, 2016. ... This is an abstract ...
07/22/16 06:47 AMOFG posts 2Q profit -
07/22/16 06:36 AMOFG Bancorp EPS in-line -
07/20/16 08:32 AMOFG Bancorp : half-yearly earnings release
07/20/16 08:32 AMThe Top 10 Reasons To Consider This 8.1% Yield From A Well Capitalized Bank
07/12/16 09:56 AMOFG Bancorp's Non-cumulative Monthly Income Preferred Stock, Series A Goes Ex-Dividend Soon
07/11/16 05:37 PMOFG Bancorp's Noncumulative Monthly Income Preferred Stock, Series B Goes Ex-Dividend Soon
07/11/16 10:15 AMOFG Bancorp to Present at KBW 2016 Community Bank Investor Conference - [Business Wire] - OFG Bancorp today announced that José Rafael Fernández, President, Chief Executive Officer, and Vice Chairman of the Board, will present at the Keefe, Bruyette & Woods 2016 Community Bank Investor Conference in New York City, on Tuesday, August 2, 2016, at 4:00 PM ET.
07/11/16 08:13 AMOFG Bancorp breached its 50 day moving average in a Bullish Manner : OFG-US : July 11, 2016 -
07/06/16 05:49 PMArnold Schneider's most performing stocks of 1st quarter
07/06/16 12:04 PMArnold Schneider's Best-Performing Stocks -
06/30/16 11:25 AMETF’s with exposure to OFG Bancorp : June 30, 2016 -
06/28/16 12:30 PMOFG Bancorp :OFG-US: Earnings Analysis: Q1, 2016 By the Numbers : June 28, 2016 -
06/28/16 10:27 AMCash Dividend On The Way From OFG Bancorp's Series D Non-Cumulative Perpetual Preferred Stock
06/27/16 09:05 AMOFG Bancorp breached its 50 day moving average in a Bearish Manner : OFG-US : June 27, 2016 -
06/22/16 08:09 AMOFG Bancorp to Report 2Q16 Results and Hold Conference Call on Friday, July 22, 2016 - [at noodls] - SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- OFG Bancorp (NYSE: OFG) will report second quarter 2016 financial results Friday, July 22, 2016 before the market opens and hold its conference call later that ...
06/15/16 07:31 AMOFG Bancorp breached its 50 day moving average in a Bearish Manner : OFG-US : June 15, 2016 -
06/12/16 08:20 AMRichard Snow Trims 2 Stakes in May
06/09/16 05:56 PMOFG Bancorp's Noncumulative Monthly Income Preferred Stock, Series B About To Put More Money In Your Pocket
06/09/16 05:23 PMRichard Snow Trims a Stakes in May -
04/05/16 10:24 AMHarris & Harris Group Inc. (TINY), Hallador Energy Co (HNRG) and OFG Bancorp (OFG) Register Mild Insider Buying -
03/14/16 12:10 PMOFG Bancorp (OFG) Stock: Weak On High Volume Today - Trade-Ideas LLC identified OFG Bancorp ( OFG) as a weak on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified OFG Bancorp as such a stock due to the following factors: OFG has an average dollar-volume (as ...
02/16/16 01:55 PMOFG Bancorp (NYSE:OFG): Director Pena Radames buys 5,000 shares - According to OFG Bancorp 's most recent Form 4 filing with the SEC dated Feb 12 01:31 PM, company Director, Pena Radames disclosed buying 5,000 shares at a cost of $4.69. At the time of this transaction (Feb 11), this trade was worth $23,450 in total.
02/11/16 01:35 PMOFG Bancorp Is Now Oversold (OFG) - Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength ...
02/09/16 12:58 PMEx-Div Reminder for OFG Bancorp's Non-cumulative Monthly Income Preferred Stock, Series A - On 2/10/16, OFG Bancorp's 7.125% Non-cumulative Monthly Income Preferred Stock, Series A (Symbol: OFG.PRA) will trade ex-dividend, for its monthly dividend of $0.1484, payable on 2/29/16. As a percentage of OFG.PRA's recent share price of $17.30, this ...
02/04/16 08:10 AMOFG Bancorp Earnings Analysis: 2015 By the Numbers -
02/01/16 04:44 PMEdited Transcript of OFG earnings conference call or presentation 1-Feb-16 3:00pm GMT -
02/01/16 11:59 AMOFG Bancorp (OFG): Today's Weak On High Volume Stock - Trade-Ideas LLC identified OFG Bancorp ( OFG) as a weak on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified OFG Bancorp as such a stock due to the following factors: OFG has an average dollar-volume (as ...
02/01/16 11:59 AMOFG Bancorp's (OFG) CEO José Rafael Fernández on Q4 2015 Results - Earnings Call Transcript - Good morning. My name is Paula and I will be your conference operator today. Thank you for joining us for this conference call for OFG Bancorp. Our speakers are José Rafael Fernández, President, Chief Executive Officer and Vice Chairman and Ganesh Kumar ...
02/01/16 09:11 AMOFG reports 4Q loss -
02/01/16 07:49 AMOFG BANCORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits -
02/01/16 06:50 AMOFG Bancorp Reports 4Q15 and 2015 Results - [at noodls] - SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- OFG Bancorp (NYSE:OFG) today reported results for the fourth quarter and the year ended December 31, 2015. 4Q15 Results A loss of ($4.4) million, or ($0.10) per ...
02/01/16 06:34 AM7:34 am OFG Bancorp misses by $0.07 -
02/01/16 06:07 AMQ4 2015 OFG Bancorp Earnings Release - Before Market Open -
01/27/16 11:31 AMOFG Bancorp (OFG) Flagged As Strong On High Volume - Trade-Ideas LLC identified OFG Bancorp ( OFG) as a strong on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified OFG Bancorp as such a stock due to the following factors: OFG has an average dollar-volume (as ...
01/24/16 10:52 PMWeekly CFO Buys Highlight: OFG Bancorp, Ascena Retail Group, Hornbeck Offshore Services -
01/22/16 07:55 AMOFG BANCORP Files SEC form 8-K, Change in Directors or Principal Officers -
01/19/16 06:00 PMOFG Bancorp's Preferred Stock, Series A Crosses Above 10.5% Yield Territory - In trading on Tuesday, shares of OFG Bancorp's 7.125% Non-cumulative Monthly Income Preferred Stock, Series A (OFG.PRA) were yielding above the 10.5% mark based on its monthly dividend (annualized to $1.7812), with shares changing hands as low as $15.71 on ...
01/19/16 08:42 AMWhy Are These Insiders Ignoring Stock Market Doomsayers? -
12/28/15 08:16 AMOFG Bancorp to Report 4Q15 Results and Hold Conference Call on Monday, February 1, 2016 - [at noodls] - SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- OFG Bancorp (NYSE:OFG) will report fourth quarter 2015 financial results Monday, February 1, 2016 before the market opens and hold its conference call later that ...
12/08/15 12:17 PMOFG BANCORP Financials -
11/20/15 08:18 AMOFG Bancorp breached its 50 day moving average in a Bearish Manner : November 20, 2015 -
11/18/15 06:28 PMCORRECTING and REPLACING OFG Bancorp Declares Regular Quarterly Common Stock Cash Dividend - [at noodls] - SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- The ex-dividend date at the end of the first paragraph should read: December 29, 2015 (instead of: January 13, 2016). ... This is an abstract of the original noodl. ...
11/18/15 06:01 PMCORRECTING and REPLACING OFG Bancorp Declares Regular Quarterly Preferred Stock Cash Dividends - [Business Wire] - The ex-dividend date at the end of the fourth paragraph should read: December 29, 2015 .
11/18/15 03:22 PMOFG Bancorp Declares Regular Quarterly Common Stock Cash Dividend - [at noodls] - SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- OFG Bancorp (NYSE:OFG) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.06 per share on its common stock for the fourth ...

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About OFG Bancorp

OFG Bancorp logoOFG Bancorp is a financial holding company. The Company is engaged in providing banking and financial services through its subsidiaries. The Company provides banking and financial services to its clients through a range of banking and financial solutions, including commercial, consumer, auto, and mortgage lending; checking and savings accounts; financial planning, insurance, financial service, and investment brokerage, and corporate and individual trust and retirement services. The Company operates through three segments: Banking, Wealth Management and Treasury. The Company provides these services through various subsidiaries, including a commercial bank, Oriental Bank, a securities broker-dealer, Oriental Financial Services Corp. (Oriental Financial Services), an insurance agency, Oriental Insurance, Inc. (Oriental Insurance) and a retirement plan administrator, Caribbean Pension Consultants, Inc. (CPC). The Company has 53 branches in Puerto Rico.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Money Center Banks
  • Sub-Industry: Regional Banks
  • Exchange: NYSE
  • Symbol: OFG
  • CUSIP: 67103X10
Key Metrics:
  • Previous Close: $10.66
  • 50 Day Moving Average: $8.91
  • 200 Day Moving Average: $7.47
  • P/E Ratio: 25.62
  • P/E Growth: 1.33
  • Market Cap: $468.12M
  • Beta: 1.28
  • Current Year EPS Consensus Estimate: $1.02 EPS
  • Next Year EPS Consensus Estimate: $1.06 EPS
Additional Links:
OFG Bancorp (NYSE:OFG) Chart for Friday, July, 29, 2016