NYSE:OFGOFG Bancorp Stock Price, Forecast & News

OFG Bancorp's stock was trading at $13.46 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, OFG stock has increased by 2.3% and is now trading at $13.77.
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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) released its quarterly earnings data on Friday, July, 24th. The bank reported $0.39 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.20 by $0.19. The bank had revenue of $128.17 million for the quarter, compared to the consensus estimate 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. Investors of record on Wednesday, September 30th will be given a dividend of $0.07 per share on Thursday, October 15th. This represents a $0.28 annualized dividend and a dividend yield of 2.03%. The ex-dividend date of this dividend is Tuesday, September 29th.
View OFG Bancorp's dividend history.

News headlines about OFG stock have been trending negative recently, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. OFG Bancorp earned a news impact score of -2.7 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days.
View the latest news about OFG Bancorp.

OFG Bancorp saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,240,000 shares, an increase of 36.4% from the June 15th total of 909,400 shares. Based on an average daily trading volume, of 457,200 shares, the days-to-cover ratio is presently 2.7 days. Currently, 2.4% of the company's shares are short sold.
View OFG Bancorp's Short Interest.

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), SVB Financial Group (SIVB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), East West Bancorp (EWBC), Prosperity Bancshares (PB) and Cullen/Frost Bankers (CFR).
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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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.62%), FMR LLC (4.66%), X Square Capital LLC (3.32%), LSV Asset Management (2.51%), Bank of New York Mellon Corp (1.19%) and Prudential Financial Inc. (1.03%). 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 FMR LLC, Goldman Sachs Group Inc., Vanguard Group Inc., Grantham Mayo Van Otterloo & Co. LLC, Bank of America Corp DE, LSV Asset Management, Federated Hermes Inc., and TD Asset Management Inc..
View insider buying and selling activity for OFG Bancorp.

OFG stock was bought by a variety of institutional investors in the last quarter, including X Square Capital LLC, Mitsubishi UFJ Asset Management UK Ltd., Russell Investments Group Ltd., Rafferty Asset Management LLC, Swiss National Bank, Prudential Financial Inc., Magnus Financial Group LLC, and UBS Group AG. 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 $13.77.

OFG Bancorp has a market capitalization of $706.98 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]