NYSE:OFG - OFG Bancorp Stock Price, Price Target & More

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$15.90 +1.30 (+8.90 %)
(As of 07/22/2018 04:00 PM ET)
Previous Close$15.90
Today's Range$14.95 - $16.00
52-Week Range$7.80 - $16.00
Volume660,388 shs
Average Volume221,904 shs
Market Capitalization$698.76 million
P/E Ratio11.95
Dividend Yield1.51%
Beta1.71
OFG Bancorp logoOFG Bancorp, a financial holding company, provides various banking and financial services. It operates in three segments: Banking, Wealth Management, and Treasury. The company offers checking and savings accounts, as well as time deposit products; commercial, consumer, auto, and mortgage lending products; and financial planning, investment brokerage, corporate and individual trust, and retirement services. It also offers securities brokerage services, including various investment alternatives, such as tax-advantaged fixed income securities, mutual funds, stocks, and bonds to retail and institutional clients; separately-managed accounts and mutual fund asset allocation programs; and pension administration and other financial services. In addition, the company is involved in the management and participation in public offerings and private placements of debt and equity securities; insurance agency business; and administration of retirement plans. Further, it is involved in various treasury-related functions with an investment portfolio consisting of mortgage-backed securities, obligations of U.S. government sponsored agencies, Puerto Rico government and agency obligations, and money market instruments. The company operates through a network of 48 branches in Puerto Rico. OFG Bancorp was founded in 1964 and is based in San Juan, Puerto Rico.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNYSE:OFG
CUSIP67103X10
Phone787-771-6800

Debt

Debt-to-Equity Ratio0.10
Current Ratio0.87
Quick Ratio0.87

Price-To-Earnings

Trailing P/E Ratio11.95
Forward P/E Ratio14.20
P/E GrowthN/A

Sales & Book Value

Annual Sales$424.33 million
Price / Sales1.65
Cash Flow$2.1692 per share
Price / Cash7.33
Book Value$17.50 per share
Price / Book0.91

Profitability

EPS (Most Recent Fiscal Year)$1.33
Net Income$52.64 million
Net Margins12.93%
Return on Equity9.80%
Return on Assets1.20%

Miscellaneous

Employees1,408
Outstanding Shares43,950,000
Market Cap$698.76

OFG Bancorp (NYSE:OFG) Frequently Asked Questions

What is OFG Bancorp's stock symbol?

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

How often does OFG Bancorp pay dividends? What is the dividend yield for OFG Bancorp?

OFG Bancorp announced a quarterly dividend on Wednesday, May 23rd. Stockholders of record on Friday, June 29th will be given a dividend of $0.06 per share on Monday, July 16th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date of this dividend is Thursday, June 28th. View OFG Bancorp's Dividend History.

How were OFG Bancorp's earnings last quarter?

OFG Bancorp (NYSE:OFG) issued its quarterly earnings results on Friday, July, 20th. The bank reported $0.35 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.25 by $0.10. The bank earned $96.29 million during the quarter, compared to analysts' expectations of $90.30 million. OFG Bancorp had a return on equity of 9.80% and a net margin of 12.93%. View OFG Bancorp's Earnings History.

When is OFG Bancorp's next earnings date?

OFG Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for OFG Bancorp.

What price target have analysts set for OFG?

3 Wall Street analysts have issued 1-year price objectives for OFG Bancorp's shares. Their forecasts range from $7.50 to $18.00. On average, they anticipate OFG Bancorp's stock price to reach $13.1667 in the next year. This suggests that the stock has a possible downside of 17.2%. View Analyst Ratings for OFG Bancorp.

What is the consensus analysts' recommendation for OFG Bancorp?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OFG Bancorp in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of OFG Bancorp's key competitors?

Who are OFG Bancorp's key executives?

OFG Bancorp's management team includes the folowing people:
  • Mr. José Rafael Fernández, Vice Chairman, Pres & CEO (Age 54)
  • Ms. Maritza Arizmendi Díaz CPA, Esq., Exec. VP & CFO (Age 50)
  • Dr. Ganesh Kumar, Sr. EVP, COO and Head of Retail Banking & Bus. Devel. (Age 54)
  • Mr. César A. Ortiz CPA, Esq., Sr. VP & Chief Risk Officer (Age 43)
  • Mr. Ramón A. Rosado-Linera, Sr. VP & Treasurer (Age 54)

Has OFG Bancorp been receiving favorable news coverage?

Media coverage about OFG stock has trended somewhat positive on Sunday, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. OFG Bancorp earned a daily sentiment score of 0.06 on Accern's scale. They also assigned media coverage about the bank an impact score of 45.69 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are OFG Bancorp's major shareholders?

OFG Bancorp's stock is owned by many different of retail and institutional investors. Top institutional investors include Municipal Employees Retirement System of Michigan (0.26%), Nisa Investment Advisors LLC (0.20%) and Unison Advisors LLC (0.05%). Company insiders that own OFG Bancorp stock include Carlos Souffront, Ganesh Kumar, Jesus Nestor De, Jorge Colon, Jose Rafael Fernandez, Julian Inclan and Radames Pena. View Institutional Ownership Trends for OFG Bancorp.

Which major investors are selling OFG Bancorp stock?

OFG stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for OFG Bancorp.

Which major investors are buying OFG Bancorp stock?

OFG stock was bought by a variety of institutional investors in the last quarter, including Unison Advisors LLC. Company insiders that have bought OFG Bancorp stock in the last two years include Jesus Nestor De and Jorge Colon. View Insider Buying and Selling for OFG Bancorp.

How do I buy shares of 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.

What is OFG Bancorp's stock price today?

One share of OFG stock can currently be purchased for approximately $15.90.

How big of a company is OFG Bancorp?

OFG Bancorp has a market capitalization of $698.76 million and generates $424.33 million in revenue each year. The bank earns $52.64 million in net income (profit) each year or $1.33 on an earnings per share basis. OFG Bancorp employs 1,408 workers across the globe.

How can I contact OFG Bancorp?

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]


MarketBeat Community Rating for OFG Bancorp (NYSE OFG)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  158 (Vote Outperform)
Underperform Votes:  167 (Vote Underperform)
Total Votes:  325
MarketBeat's community ratings are surveys of what our community members think about OFG Bancorp and other stocks. Vote "Outperform" if you believe OFG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OFG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/22/2018 by MarketBeat.com Staff

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