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

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$14.93 -0.22 (-1.45 %)
(As of 10/15/2018 07:15 AM ET)
Previous Close$15.15
Today's Range$14.42 - $15.63
52-Week Range$7.80 - $17.75
Volume418,611 shs
Average Volume308,853 shs
Market Capitalization$710.33 million
P/E Ratio11.23
Dividend Yield1.52%
OFG 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


Debt-to-Equity Ratio0.21
Current Ratio0.88
Quick Ratio0.88


Trailing P/E Ratio11.23
Forward P/E Ratio10.74
P/E GrowthN/A

Sales & Book Value

Annual Sales$424.33 million
Price / Sales1.55
Cash Flow$2.0067 per share
Price / Cash7.44
Book Value$17.50 per share
Price / Book0.85


EPS (Most Recent Fiscal Year)$1.33
Net Income$52.64 million
Net Margins13.67%
Return on Equity10.07%
Return on Assets1.23%


Outstanding Shares43,980,000
Market Cap$710.33 million

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 declared a quarterly dividend on Thursday, August 23rd. Investors of record on Friday, September 28th will be paid a dividend of $0.06 per share on Monday, October 15th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date of this dividend is Thursday, September 27th. View OFG Bancorp's Dividend History.

How were OFG Bancorp's earnings last quarter?

OFG Bancorp (NYSE:OFG) released its quarterly earnings data on Friday, July, 20th. The bank reported $0.35 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.25 by $0.10. The bank had revenue of $96.29 million for the quarter, compared to analyst estimates of $90.30 million. OFG Bancorp had a return on equity of 10.07% and a net margin of 13.67%. 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 Friday, October 19th 2018. View Earnings Estimates for OFG Bancorp.

What price target have analysts set for OFG?

3 Wall Street analysts have issued twelve-month price targets for OFG Bancorp's shares. Their forecasts range from $14.00 to $19.00. On average, they expect OFG Bancorp's share price to reach $17.00 in the next year. This suggests a possible upside of 13.9% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for OFG Bancorp.

What are Wall Street analysts saying about OFG Bancorp stock?

Here are some recent quotes from research analysts about OFG Bancorp stock:
  • 1. According to Zacks Investment Research, "OFG Bancorp is a financial holding company that conducts its business activities through its subsidiaries, primarily in Puerto Rico. The company's product and services consist of consumer banking and lending, commercial banking and wealth management. It offers residential mortgages, auto loans and leases, credit cards, business loans, commercial mortgages and leasing, cash management, transactional services, international trade financing, financial planning, money management, investment brokerage, corporate and individual trust, retirement products programs, and insurance. OFG Bancorp., formerly known as Oriental Financial Group Inc., is based in San Juan, Puerto Rico. " (9/22/2018)
  • 2. Piper Jaffray Companies analysts commented, "We initiate coverage of 18-month price target of $23 and an Outperform rating. In our opinion, EVER can gain share in the $9 billion insurance advertising market as its paid marketing competencies attract high-intent insurance shoppers through multiple online channels, where it holds a 10x traffic advantage versus its closest competitors. EVER can achieve multiple expansion as it shows the market it can 1) generate sustainable growth post-2017; 2) leverage its data assets to improve insurance provider ROI; and 3) post results that exhibit better visibility towards profitability. In addition, we see strategic asset value in EVER’s ability to drive and convert traffic through long-tail online advertising channels, limiting downside. Our $23 PT implies 3.5x/11x our ’19E Revenue/VMM (Variable Marketing Margin)." (7/23/2018)

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)

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 $14.93.

How big of a company is OFG Bancorp?

OFG Bancorp has a market capitalization of $710.33 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 1,354 workers across the globe.

What is OFG Bancorp's official website?

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

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:  2.5 out of 5 (star star half star)
Outperform Votes:  180 (Vote Outperform)
Underperform Votes:  187 (Vote Underperform)
Total Votes:  367
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 10/15/2018 by MarketBeat.com Staff

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