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

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. Shareholders of record on Monday, September 30th will be given a dividend of $0.07 per share on Tuesday, October 15th. This represents a $0.28 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date of this dividend is Friday, September 27th. View OFG Bancorp's Dividend History.

OFG Bancorp (NYSE:OFG) announced its earnings results on Monday, July, 22nd. The bank reported $0.43 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.44 by $0.01. The bank had revenue of $104.03 million for the quarter, compared to the consensus estimate of $98.50 million. OFG Bancorp had a return on equity of 10.64% and a net margin of 20.64%. View OFG Bancorp's Earnings History.

OFG Bancorp is scheduled to release their next quarterly earnings announcement on Friday, October 18th 2019. View Earnings Estimates for OFG Bancorp.

2 analysts have issued 1-year price targets for OFG Bancorp's shares. Their forecasts range from $28.00 to $28.00. On average, they expect OFG Bancorp's stock price to reach $28.00 in the next year. This suggests a possible upside of 41.1% 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 headlines about OFG stock have trended positive this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing 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 coverage optimism score of 2.5 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the near future. View News Stories for OFG Bancorp.

Some companies that are related to OFG Bancorp include United Bankshares (UBSI), IBERIABANK (IBKC), Wintrust Financial (WTFC), Glacier Bancorp (GBCI), First Hawaiian (FHB), Bank Ozk (OZK), Bank of Hawaii (BOH), Investors Bancorp (ISBC), Associated Banc (ASB), Home Bancshares (HOMB), CVB Financial (CVBF), Texas Capital Bancshares (TCBI), Chemical Financial (CHFC), Bancorpsouth Bank (BXS) and Cathay General Bancorp (CATY).

Based on aggregate information from My MarketBeat watchlists, some companies that other OFG Bancorp investors own include Intelsat (I), Callon Petroleum (CPE), Range Resources (RRC), Cleveland-Cliffs (CLF), 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 BlackRock Inc. (13.19%), Vanguard Group Inc. (11.32%), Stilwell Value LLC (4.02%), LSV Asset Management (3.50%), Nuveen Asset Management LLC (2.94%) and Northern Trust Corp (1.77%). 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 Bank of New York Mellon Corp, Prudential Financial Inc., Man Group plc, Morgan Stanley, Parametric Portfolio Associates LLC, JPMorgan Chase & Co., Allianz Asset Management GmbH and LSV Asset Management. View Insider Buying and Selling for OFG Bancorp.

OFG stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Bank of America Corp DE, APG Asset Management N.V., BlackRock Inc., Wells Fargo & Company MN, Grantham Mayo Van Otterloo & Co. LLC, Vanguard Group Inc. and AQR Capital Management LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of OFG stock can currently be purchased for approximately $19.84.

OFG Bancorp has a market capitalization of $1.02 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]