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

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

OFG Bancorp declared a quarterly dividend on Monday, January 27th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.07 per share on Wednesday, April 15th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date of this dividend is Monday, March 30th. View OFG Bancorp's Dividend History.

OFG Bancorp (NYSE:OFG) announced its quarterly earnings results on Wednesday, January, 29th. The bank reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.33 by $0.37. The bank earned $98.92 million during the quarter. View OFG Bancorp's Earnings History.

OFG Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for OFG Bancorp.

2 brokerages have issued 1 year price targets 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 twelve months. This suggests a possible upside of 36.0% from the stock's current price. View Analyst Price Targets 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.

Media coverage about OFG stock has trended extremely negative this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 -5.0 on InfoTrie's scale. They also gave media stories about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for OFG Bancorp.

OFG Bancorp saw a decrease in short interest in January. As of January 31st, there was short interest totalling 1,380,000 shares, a decrease of 19.3% from the January 15th total of 1,710,000 shares. Based on an average daily volume of 286,400 shares, the short-interest ratio is currently 4.8 days. Approximately 2.7% of the shares of the company are sold short. View OFG Bancorp's Current Options Chain.

Some companies that are related to OFG Bancorp include SunTrust Banks (STI), TCF Financial (TCF), Valley National Bancorp (VLY), Ameris Bancorp (ABCB), Park National (PRK), Tompkins Financial (TMP), Arrow Financial (AROW), American National BankShares (AMNB), Bar Harbor Bankshares (BHB), Ames National (ATLO), MidSouth Bancorp (MSL), First Trust California Municipal High Income ETF (FCAL), 1st Source (SRCE), BancFirst (BANF) and Bancorp (TBBK).

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), AMC Entertainment (AMC), First Data (FDC), Associated British Foods (ABF) and Chaarat Gold (CGH).

OFG Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (5.34%), State Street Corp (3.54%), LSV Asset Management (2.85%), X Square Capital LLC (2.26%), Charles Schwab Investment Management Inc. (1.42%) and Bank of New York Mellon Corp (1.26%). 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.

OFG stock was sold by a variety of institutional investors in the last quarter, including AJO LP, LSV Asset Management, Mackay Shields LLC, AQR Capital Management LLC, Renaissance Technologies LLC, Bank of New York Mellon Corp, Alyeska Investment Group L.P. and Symphony Asset Management LLC. View Insider Buying and Selling for OFG Bancorp.

OFG stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Knights of Columbus Asset Advisors LLC, Zweig DiMenna Associates LLC, Bank of America Corp DE, Charles Schwab Investment Management Inc., Great West Life Assurance Co. Can, State Street Corp and First Trust Advisors LP. 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.

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.

One share of OFG stock can currently be purchased for approximately $20.59.