S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
NYSE:OFG

OFG Bancorp Stock Forecast, Price & News

$27.83
+0.79 (+2.92%)
(As of 01/24/2022 12:00 AM ET)
Add
Compare
Today's Range
$26.45
$27.98
50-Day Range
$23.84
$30.54
52-Week Range
$16.00
$30.93
Volume
316,366 shs
Average Volume
249,458 shs
Market Capitalization
$1.39 billion
P/E Ratio
10.83
Dividend Yield
1.78%
Beta
1.38
30 days | 90 days | 365 days | Advanced Chart
Receive OFG News and Ratings via Email

Sign-up to receive the latest news and ratings for OFG Bancorp and its competitors with MarketBeat's FREE daily newsletter.


OFG Bancorp logo

About OFG Bancorp

OFG Bancorp is a holding company, which engages in the provision of banking and financial services. It operates through the following segments: Banking, Wealth Management, and Treasury. The Banking segment includes its branches and traditional banking products such as deposits and commercial, consumer, and mortgage loans. The Wealth Management segment involves in financial planning, money management and investment banking, brokerage services, insurance sales activity, corporate and individual trust and retirement services, and retirement plan administration services. The Treasury segment encompasses all its asset and liability management activities, such as purchases and sales of investment securities, interest rate risk management, derivatives, and borrowings. The company was founded in 1964 and is headquartered in San Juan, Puerto Rico.

Headlines

Short Interest in OFG Bancorp (NYSE:OFG) Decreases By 24.0%
January 19, 2022 |  americanbankingnews.com
Recap: OFG Bancorp Q4 Earnings
January 19, 2022 |  benzinga.com
OFG Bancorp (OFG) Q4 Earnings Miss Estimates
January 19, 2022 |  finance.yahoo.com
OFG Bancorp (NYSE:OFG) Shares Gap Down to $30.20
January 19, 2022 |  americanbankingnews.com
OFG Bancorp GAAP EPS of $0.66, revenue of $141M
January 19, 2022 |  seekingalpha.com
OFG Bancorp Reports 4Q21 & 2021 Results
January 19, 2022 |  finance.yahoo.com
OFG Bancorp (NYSE:OFG) Sets New 52-Week High at $30.78
January 18, 2022 |  americanbankingnews.com
OFG Bancorp earnings: here's what Wall Street expects
January 18, 2022 |  markets.businessinsider.com
See More Headlines

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
CUSIP
67103X10
Employees
2,275
Year Founded
N/A

Sales & Book Value

Annual Sales
$597.70 million
Cash Flow
$1.72 per share
Book Value
$19.36 per share

Profitability

Net Income
$74.33 million
Pretax Margin
33.86%

Debt

Price-To-Earnings

Miscellaneous

Free Float
48,616,000
Market Cap
$1.39 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 1/18 Dividend
12/30/2021
Dividend Payable
1/18/2022
Last Earnings
1/19/2022
Today
1/25/2022
Next Earnings (Estimated)
4/20/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.44 out of 5 stars

Finance Sector

356th out of 1,355 stocks

State Commercial Banks Industry

63rd out of 235 stocks

Analyst Opinion: 2.5Community Rank: 4.3Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -












OFG Bancorp (NYSE:OFG) Frequently Asked Questions

Is OFG Bancorp a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for OFG Bancorp in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" OFG Bancorp stock.
View analyst ratings for OFG Bancorp
or view top-rated stocks.

How has OFG Bancorp's stock price been impacted by Coronavirus (COVID-19)?

OFG Bancorp's stock was trading at $13.46 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, OFG shares have increased by 106.8% and is now trading at $27.83.
View which stocks have been most impacted by COVID-19
.

Are investors shorting OFG Bancorp?

OFG Bancorp saw a decline in short interest during the month of December. As of December 31st, there was short interest totaling 767,100 shares, a decline of 24.0% from the December 15th total of 1,010,000 shares. Based on an average trading volume of 231,500 shares, the short-interest ratio is presently 3.3 days. Approximately 1.6% of the shares of the stock are short sold.
View OFG Bancorp's Short Interest
.

When is OFG Bancorp's next earnings date?

OFG Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, April 20th 2022.
View our earnings forecast for OFG Bancorp
.

How were OFG Bancorp's earnings last quarter?

OFG Bancorp (NYSE:OFG) released its quarterly earnings data on Wednesday, January, 19th. The bank reported $0.66 EPS for the quarter, missing the consensus estimate of $0.76 by $0.10. OFG Bancorp had a trailing twelve-month return on equity of 13.99% and a net margin of 23.53%. During the same period last year, the business earned $0.58 earnings per share.
View OFG Bancorp's earnings history
.

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

OFG Bancorp announced a quarterly dividend on Friday, October 29th. Investors of record on Friday, December 31st will be paid a dividend of $0.12 per share on Tuesday, January 18th. This represents a $0.48 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend is Thursday, December 30th.
View OFG Bancorp's dividend history
.

Is OFG Bancorp a good dividend stock?

OFG Bancorp pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.78%. OFG Bancorp has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of OFG Bancorp is 18.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OFG Bancorp will have a dividend payout ratio of 17.52% next year. This indicates that OFG Bancorp will be able to sustain or increase its dividend.
View OFG Bancorp's dividend history.

What price target have analysts set for OFG?

2 analysts have issued twelve-month price objectives for OFG Bancorp's shares. Their forecasts range from $32.00 to $33.00. On average, they anticipate OFG Bancorp's stock price to reach $32.50 in the next twelve months. This suggests a possible upside of 16.8% from the stock's current price.
View analysts' price targets for OFG Bancorp
or view top-rated stocks among Wall Street analysts.

Who are OFG Bancorp's key executives?

OFG Bancorp's management team includes the following people:
  • José Rafael Fernández, Vice Chairman, President & Chief Executive Officer
  • Ganesh Kumar, Chief Operating Officer & Senior Executive VP
  • Maritza Arizmendi Diaz, Chief Financial Officer & Executive Vice President
  • José E. Cabrera Lázaro, Chief Risk & Compliance Officer
  • Ramón A. Rosado-Linera, Senior Vice President & Director-US Loan Program

What is José Rafael Fernández's approval rating as OFG Bancorp's CEO?

15 employees have rated OFG Bancorp CEO José Rafael Fernández on Glassdoor.com. José Rafael Fernández has an approval rating of 89% among OFG Bancorp's employees.

What other stocks do shareholders of OFG Bancorp own?

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).

What is OFG Bancorp's stock symbol?

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

Who are OFG Bancorp's major shareholders?

OFG Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (0.44%), State of Alaska Department of Revenue (0.07%) and Louisiana State Employees Retirement System (0.05%). Company insiders that own OFG Bancorp stock include Cesar A Ortiz, Edwin Perez, Ganesh Kumar, Jesus Nestor De, Jorge Colon, Jose Rafael Fernandez, Julian Inclan, Maritza Arizmendi, Pedro Morazzani and Rafael Cruz.
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 State of Alaska Department of Revenue, and Louisiana State Employees Retirement System. Company insiders that have sold OFG Bancorp company stock in the last year include Cesar A Ortiz, Julian Inclan, and Pedro Morazzani.
View insider buying and selling activity for OFG Bancorp
or view top insider-selling stocks.

Which major investors are buying OFG Bancorp stock?

OFG stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd.. 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 Maritza Arizmendi.
View insider buying and selling activity for OFG Bancorp
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is OFG Bancorp's stock price today?

One share of OFG stock can currently be purchased for approximately $27.83.

How much money does OFG Bancorp make?

OFG Bancorp has a market capitalization of $1.39 billion and generates $597.70 million in revenue each year. The bank earns $74.33 million in net income (profit) each year or $2.57 on an earnings per share basis.

How many employees does OFG Bancorp have?

OFG Bancorp employs 2,275 workers across the globe.

What is OFG Bancorp's official website?

The official website for OFG Bancorp is www.orientalbank.com.

Where are OFG Bancorp's headquarters?

OFG Bancorp is headquartered at 254 MUNOZ RIVERA AVENUE, SAN JUAN PR, 00918.

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, via email at [email protected], or via fax at 787-771-6770.


This page was last updated on 1/25/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.