OFG vs. RNST, LKFN, BANR, EFSC, HTLF, FBNC, SBCF, TOWN, SYBT, and BUSE
Should you be buying OFG Bancorp stock or one of its competitors? The main competitors of OFG Bancorp include Renasant (RNST), Lakeland Financial (LKFN), Banner (BANR), Enterprise Financial Services (EFSC), Heartland Financial USA (HTLF), First Bancorp (FBNC), Seacoast Banking Co. of Florida (SBCF), TowneBank (TOWN), Stock Yards Bancorp (SYBT), and First Busey (BUSE). These companies are all part of the "regional banks" industry.
OFG Bancorp (NYSE:OFG) and Renasant (NASDAQ:RNST) are both small-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, risk, profitability, dividends, analyst recommendations, valuation, institutional ownership, community ranking and media sentiment.
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.
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.
OFG Bancorp has higher revenue and earnings 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.
OFG Bancorp currently has a consensus price target of $40.00, indicating a potential upside of 10.19%. Renasant has a consensus price target of $33.00, indicating a potential upside of 10.55%. Given Renasant's higher possible upside, analysts plainly believe Renasant is more favorable than OFG Bancorp.
In the previous week, Renasant had 14 more articles in the media than OFG Bancorp. MarketBeat recorded 19 mentions for Renasant and 5 mentions for OFG Bancorp. OFG Bancorp's average media sentiment score of 0.79 beat Renasant's score of 0.66 indicating that OFG Bancorp is being referred to more favorably in the media.
OFG Bancorp has a beta of 1.09, suggesting that its share price is 9% more volatile than the S&P 500. Comparatively, Renasant has a beta of 1.03, suggesting that its share price is 3% more volatile than the S&P 500.
OFG Bancorp pays an annual dividend of $1.00 per share and has a dividend yield of 2.8%. 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.
92.7% of OFG Bancorp shares are owned by institutional investors. Comparatively, 77.3% of Renasant shares are owned by institutional investors. 3.1% 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 hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Summary
OFG Bancorp beats Renasant on 14 of the 20 factors compared between the two stocks.
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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.
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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