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

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

OFG Bancorp announced a quarterly dividend on Thursday, October 24th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.07 per share on Wednesday, January 15th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend is Monday, December 30th. View OFG Bancorp's Dividend History.

OFG Bancorp (NYSE:OFG) posted its quarterly earnings results on Monday, October, 21st. The bank reported $0.48 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.03. The bank had revenue of $102.89 million for the quarter, compared to analysts' expectations of $97.40 million. OFG Bancorp had a net margin of 17.12% and a return on equity of 10.36%. View OFG Bancorp's Earnings History.

OFG Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for OFG Bancorp.

OFG Bancorp will be holding an earnings conference call on Wednesday, January 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 equities research analysts have issued 12-month price targets for OFG Bancorp's stock. Their forecasts range from $28.00 to $28.00. On average, they anticipate OFG Bancorp's share price to reach $28.00 in the next year. This suggests a possible upside of 27.3% 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 coverage about OFG stock has been trending positive this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. OFG Bancorp earned a media sentiment score of 3.0 on InfoTrie's scale. They also gave press coverage about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for OFG Bancorp.

OFG Bancorp saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 1,710,000 shares, an increase of 6.9% from the December 15th total of 1,600,000 shares. Based on an average daily trading volume, of 300,700 shares, the short-interest ratio is currently 5.7 days. Approximately 3.4% of the company's shares are sold short. View OFG Bancorp's Current Options Chain.

Some companies that are related to OFG Bancorp include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), TCF Financial (TCF) and East West Bancorp (EWBC).

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), First Data (FDC), Associated British Foods (ABF), Chaarat Gold (CGH) and AMC Entertainment (AMC).

OFG Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Nisa Investment Advisors LLC (0.12%), Bowling Portfolio Management LLC (0.11%), State of Alaska Department of Revenue (0.08%), First Hawaiian Bank (0.03%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own OFG Bancorp stock include Edwin Perez, 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 Nisa Investment Advisors LLC, Bowling Portfolio Management LLC, Louisiana State Employees Retirement System, State of Alaska Department of Revenue and First Hawaiian Bank. 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, Robinhood, Fidelity and Charles Schwab.

One share of OFG stock can currently be purchased for approximately $21.99.

OFG Bancorp has a market capitalization of $1.13 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]