OFG Bancorp Stock Price, News & Analysis (NYSE:OFG)

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

OFG Bancorp declared a quarterly dividend on Tuesday, July 23rd. Stockholders of record on Monday, September 30th will be paid a dividend of $0.07 per share on Tuesday, October 15th. This represents a $0.28 annualized dividend and a dividend yield of 1.34%. The ex-dividend date is Friday, September 27th. View OFG Bancorp's Dividend History.

OFG Bancorp (NYSE:OFG) released its earnings results on Monday, October, 21st. The bank reported $0.48 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate 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.

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

2 analysts have issued 1-year price objectives for OFG Bancorp's shares. Their predictions range from $28.00 to $28.00. On average, they expect OFG Bancorp's stock price to reach $28.00 in the next twelve months. This suggests a possible upside of 34.2% 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.

Press coverage about OFG stock has trended somewhat negative on Wednesday, according to InfoTrie. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. OFG Bancorp earned a daily sentiment score of -1.5 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for OFG Bancorp.

OFG Bancorp saw a increase in short interest in September. As of September 30th, there was short interest totalling 1,850,000 shares, an increase of 17.8% from the August 30th total of 1,570,000 shares. Based on an average daily volume of 326,000 shares, the days-to-cover ratio is currently 5.7 days. Currently, 3.7% of the company's stock are short sold. View OFG Bancorp's Current Options Chain.

Some companies that are related to OFG Bancorp include PNC Financial Services Group (PNC), BB&T (BBT), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR).

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

OFG Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Rhumbline Advisers (0.31%), State of New Jersey Common Pension Fund D (0.19%), Bowling Portfolio Management LLC (0.14%), State of Alaska Department of Revenue (0.08%), Virginia Retirement Systems ET AL (0.08%) and Bailard Inc. (0.04%). Company insiders that own OFG Bancorp stock include 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 Bowling Portfolio Management LLC and Virginia Retirement Systems ET AL. View Insider Buying and Selling for OFG Bancorp.

OFG stock was acquired by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, State of Alaska Department of Revenue, Rhumbline Advisers, Bailard Inc., Campbell & CO Investment Adviser LLC, Alberta Investment Management Corp and First Hawaiian Bank. Company insiders that have bought OFG Bancorp stock in the last two years include 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 $20.86.

OFG Bancorp has a market capitalization of $1.07 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.

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

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]