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NYSE:OFG - OFG Bancorp Stock Price, Forecast & News

$22.55
+0.59 (+2.69 %)
(As of 12/13/2019 02:44 AM ET)
Today's Range
$22.07
Now: $22.55
$22.67
50-Day Range
$20.01
MA: $21.14
$22.63
52-Week Range
$14.96
Now: $22.55
$24.95
Volume233,200 shs
Average Volume317,797 shs
Market Capitalization$1.16 billion
P/E Ratio14.84
Dividend Yield1.28%
Beta1.59
OFG Bancorp, a financial holding company, provides various banking and financial services. It operates in three segments: Banking, Wealth Management, and Treasury. The company offers checking and savings accounts, as well as time deposit products; commercial, consumer, auto, and mortgage lending products; financial planning, insurance, financial services, and investment brokerage; and corporate and individual trust, and retirement services. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP67103X10
Phone787-771-6800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$440.51 million
Cash Flow$2.13 per share
Book Value$17.70 per share

Profitability

Net Income$84.41 million

Miscellaneous

Employees1,392
Market Cap$1.16 billion
Next Earnings Date1/28/2020 (Estimated)
OptionableOptionable

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OFG Bancorp (NYSE:OFG) Frequently Asked Questions

What is OFG Bancorp's stock symbol?

OFG Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "OFG."

How often does OFG Bancorp pay dividends? What is the dividend yield for OFG Bancorp?

OFG Bancorp declared a quarterly dividend on Thursday, October 24th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.07 per share on Wednesday, January 15th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date is Monday, December 30th. View OFG Bancorp's Dividend History.

How were OFG Bancorp's earnings last quarter?

OFG Bancorp (NYSE:OFG) posted its quarterly earnings results on Monday, October, 21st. The bank reported $0.48 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.03. The bank earned $102.89 million during the quarter, compared to analysts' expectations of $97.40 million. OFG Bancorp had a return on equity of 10.36% and a net margin of 17.12%. View OFG Bancorp's Earnings History.

When is OFG Bancorp's next earnings date?

OFG Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, January 28th 2020. View Earnings Estimates for OFG Bancorp.

What price target have analysts set for OFG?

2 analysts have issued 12 month price objectives for OFG Bancorp's shares. Their forecasts range from $28.00 to $28.00. On average, they anticipate OFG Bancorp's stock price to reach $28.00 in the next year. This suggests a possible upside of 24.2% from the stock's current price. View Analyst Price Targets for OFG Bancorp.

What is the consensus analysts' recommendation for OFG Bancorp?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OFG Bancorp in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for OFG Bancorp.

Has OFG Bancorp been receiving favorable news coverage?

Headlines about OFG stock have trended negative recently, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. OFG Bancorp earned a daily sentiment score of -2.0 on InfoTrie's scale. They also assigned media coverage about the bank a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for OFG Bancorp.

Are investors shorting OFG Bancorp?

OFG Bancorp saw a decrease in short interest in November. As of November 29th, there was short interest totalling 1,680,000 shares, a decrease of 17.2% from the November 14th total of 2,030,000 shares. Based on an average daily volume of 325,600 shares, the short-interest ratio is presently 5.2 days. Approximately 3.3% of the shares of the company are short sold. View OFG Bancorp's Current Options Chain.

Who are some of OFG Bancorp's key competitors?

What other stocks do shareholders of OFG Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other OFG Bancorp investors own include Intelsat (I), Callon Petroleum (CPE), Cleveland-Cliffs (CLF), Range Resources (RRC), Fossil Group (FOSL), Bank of America (BAC), First Data (FDC), Associated British Foods (ABF), Chaarat Gold (CGH) and AMC Entertainment (AMC).

Who are OFG Bancorp's key executives?

OFG Bancorp's management team includes the folowing people:
  • Mr. José Rafael Fernández, Vice Chairman, Pres & CEO (Age 55)
  • Ms. Maritza Arizmendi Díaz CPA, Esq., Exec. VP & CFO (Age 51)
  • Dr. Ganesh Kumar, Sr. EVP, COO and Head of Retail Banking & Bus. Devel. (Age 55)
  • Mr. Rafael Cruz Eng., Sr. VP and Chief Risk & Compliance Officer (Age 63)
  • Mr. César A. Ortiz CPA, CPA, Esq., Sr. VP and Director of Commercial Credit & Operations (Age 44)

Who are OFG Bancorp's major shareholders?

OFG Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (3.44%), Stilwell Value LLC (3.39%), Voya Investment Management LLC (1.62%), Parametric Portfolio Associates LLC (1.08%), Polaris Capital Management LLC (0.47%) and Russell Investments Group Ltd. (0.33%). Company insiders that own OFG Bancorp stock include Edwin Perez, Jesus Nestor De, Jorge Colon, Jose Rafael Fernandez and Julian Inclan. View Institutional Ownership Trends for OFG Bancorp.

Which institutional investors are selling OFG Bancorp stock?

OFG stock was sold by a variety of institutional investors in the last quarter, including Stilwell Value LLC, Man Group plc, First Trust Advisors LP, Russell Investments Group Ltd., Polaris Capital Management LLC, Parametric Portfolio Associates LLC, Barclays PLC and Bowling Portfolio Management LLC. View Insider Buying and Selling for OFG Bancorp.

Which institutional investors are buying OFG Bancorp stock?

OFG stock was bought by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, State Street Corp, Mackay Shields LLC, California Public Employees Retirement System, Voya Investment Management LLC, Congress Asset Management Co. MA, State of Alaska Department of Revenue and Rhumbline Advisers. Company insiders that have bought OFG Bancorp stock in the last two years include Edwin Perez, Jesus Nestor De, Jorge Colon, Jose Rafael Fernandez and Julian Inclan. View Insider Buying and Selling for OFG Bancorp.

How do I buy shares of OFG Bancorp?

Shares of OFG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is OFG Bancorp's stock price today?

One share of OFG stock can currently be purchased for approximately $22.55.

How big of a company is OFG Bancorp?

OFG Bancorp has a market capitalization of $1.16 billion and generates $440.51 million in revenue each year. The bank earns $84.41 million in net income (profit) each year or $1.52 on an earnings per share basis. OFG Bancorp employs 1,392 workers across the globe.View Additional Information About OFG Bancorp.

What is OFG Bancorp's official website?

The official website for OFG Bancorp is http://www.orientalbank.com/.

How can I contact OFG Bancorp?

OFG Bancorp's mailing address is 254 MUNOZ RIVERA AVENUE, SAN JUAN PR, 00918. The bank can be reached via phone at 787-771-6800 or via email at [email protected]


MarketBeat Community Rating for OFG Bancorp (NYSE OFG)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  237 (Vote Outperform)
Underperform Votes:  257 (Vote Underperform)
Total Votes:  494
MarketBeat's community ratings are surveys of what our community members think about OFG Bancorp and other stocks. Vote "Outperform" if you believe OFG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OFG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/13/2019 by MarketBeat.com Staff

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