NYSE:OFGOFG Bancorp Stock Price, Forecast & News

OFG Bancorp's stock was trading at $13.46 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, OFG shares have decreased by 2.9% and is now trading at $13.07.
View which stocks have been most impacted by Coronavirus.

OFG Bancorp is scheduled to release its next quarterly earnings announcement on Monday, October 19th 2020.
View our earnings forecast for OFG Bancorp.

OFG Bancorp (NYSE:OFG) announced its quarterly earnings results on Friday, July, 24th. The bank reported $0.39 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.20 by $0.19. The bank had revenue of $128.17 million for the quarter, compared to analysts' expectations of $128.60 million. OFG Bancorp had a return on equity of 6.32% and a net margin of 5.71%.
View OFG Bancorp's earnings history.

OFG Bancorp announced a quarterly dividend on Wednesday, July 29th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.07 per share on Thursday, October 15th. This represents a $0.28 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date is Tuesday, September 29th.
View OFG Bancorp's dividend history.

News articles about OFG stock have trended positive recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. OFG Bancorp earned a media sentiment score of 2.1 on InfoTrie's scale. They also assigned media coverage about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days.
View the latest news about OFG Bancorp.

OFG Bancorp saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,570,000 shares, an increase of 26.6% from the June 30th total of 1,240,000 shares. Based on an average daily trading volume, of 441,000 shares, the short-interest ratio is presently 3.6 days. Currently, 3.1% of the company's stock are sold short.
View OFG Bancorp's Current Options Chain.

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

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 Coeur Mining (CDE).

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

OFG Bancorp's stock is owned by a number of retail and institutional investors. Top institutional investors include LSV Asset Management (2.51%), Principal Financial Group Inc. (0.75%), Russell Investments Group Ltd. (0.53%), Swiss National Bank (0.22%), Mitsubishi UFJ Asset Management UK Ltd. (0.19%) and Congress Asset Management Co. MA (0.11%). Company insiders that own OFG Bancorp stock include Edwin Perez, Ganesh Kumar, Jesus Nestor De, Jorge Colon, Jose Rafael Fernandez, Julian Inclan and Rafael Cruz.
View institutional ownership trends for OFG Bancorp.

OFG stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Principal Financial Group Inc., Texas Permanent School Fund, and Hancock Whitney Corp.
View insider buying and selling activity for OFG Bancorp.

OFG stock was bought by a variety of institutional investors in the last quarter, including Mitsubishi UFJ Asset Management UK Ltd., Russell Investments Group Ltd., Swiss National Bank, UBS Group AG, SG Americas Securities LLC, First Trust Advisors LP, Comerica Bank, and James Investment Research Inc.. Company insiders that have bought OFG Bancorp stock in the last two years include Edwin Perez, Ganesh Kumar, Jesus Nestor De, Jorge Colon, Jose Rafael Fernandez, and Julian Inclan.
View insider buying and selling activity 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 $13.07.

OFG Bancorp has a market capitalization of $672.06 million and generates $456.29 million in revenue each year. The bank earns $53.84 million in net income (profit) each year or $1.62 on an earnings per share basis. OFG Bancorp employs 2,431 workers across the globe.

The official website for OFG Bancorp is 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]