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OFG Bancorp Stock Price, News & Analysis (NYSE:OFG)

$21.25
-1.28 (-5.68 %)
(As of 10/23/2019 02:44 AM ET)
Today's Range
$20.79
Now: $21.25
$22.39
50-Day Range
$20.15
MA: $22.06
$23.45
52-Week Range
$14.96
Now: $21.25
$24.95
Volume596,999 shs
Average Volume323,498 shs
Market Capitalization$1.09 billion
P/E Ratio13.98
Dividend Yield1.24%
Beta1.59
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; financial planning, insurance, financial services, and investment brokerage; and corporate and individual trust, and retirement services. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP67103X10
Phone787-771-6800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$440.51 million
Cash Flow$1.86 per share
Book Value$17.70 per share

Profitability

Net Income$84.41 million

Miscellaneous

Employees1,392
Market Cap$1.09 billion
Next Earnings Date1/28/2020 (Estimated)
OptionableOptionable

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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 Tuesday, July 23rd. Shareholders of record on Monday, September 30th will be paid 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 1.32%. The ex-dividend date of this dividend is Friday, September 27th. View OFG Bancorp's Dividend History.

How were OFG Bancorp's earnings last quarter?

OFG Bancorp (NYSE:OFG) released its quarterly earnings results on Monday, October, 21st. The bank reported $0.48 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.45 by $0.03. The bank had revenue of $102.89 million for the quarter, compared to analyst estimates of $97.40 million. OFG Bancorp had a net margin of 20.64% and a return on equity of 10.64%. 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 Tuesday, January 28th 2020. View Earnings Estimates for OFG Bancorp.

What price target have analysts set for OFG?

2 Wall Street analysts have issued 1 year price targets for OFG Bancorp's shares. 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 twelve months. This suggests a possible upside of 31.8% from the stock's current price. View Analyst Price Targets for OFG Bancorp.

What is the consensus analysts' recommendation 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.

Has OFG Bancorp been receiving favorable news coverage?

News articles about OFG stock have been trending somewhat negative recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. OFG Bancorp earned a coverage optimism score of -1.7 on InfoTrie's scale. They also assigned media coverage about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for OFG Bancorp.

Are investors shorting OFG Bancorp?

OFG Bancorp saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 1,850,000 shares, an increase of 17.8% from the August 30th total of 1,570,000 shares. Based on an average daily trading volume, of 326,000 shares, the short-interest ratio is presently 5.7 days. Currently, 3.7% of the company's stock are sold short. View OFG Bancorp's Current Options Chain.

Who are some of OFG Bancorp's key competitors?

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

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 55)
  • Ms. Maritza Arizmendi Díaz CPA, Esq., Exec. VP & CFO (Age 51)
  • Dr. Ganesh Kumar, Sr. EVP, COO and Head of Retail Banking & Bus. Devel. (Age 55)
  • Mr. Rafael Cruz Eng., Sr. VP and Chief Risk & Compliance Officer (Age 63)
  • Mr. César A. Ortiz CPA, CPA, Esq., Sr. VP and Director of Commercial Credit & Operations (Age 44)

Who are OFG Bancorp's major shareholders?

OFG Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bowling Portfolio Management LLC (0.14%), State of Alaska Department of Revenue (0.08%), Virginia Retirement Systems ET AL (0.08%), Bailard Inc. (0.04%), Campbell & CO Investment Adviser LLC (0.04%) and First Hawaiian Bank (0.04%). 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.

Which institutional investors are selling OFG Bancorp stock?

OFG stock was sold by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC and Virginia Retirement Systems ET AL. View Insider Buying and Selling for OFG Bancorp.

Which institutional investors are buying OFG Bancorp stock?

OFG stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Bailard Inc., Campbell & CO Investment Adviser LLC and First Hawaiian Bank. 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.

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, Robinhood, Fidelity and Charles Schwab.

What is OFG Bancorp's stock price today?

One share of OFG stock can currently be purchased for approximately $21.25.

How big of a company is OFG Bancorp?

OFG Bancorp has a market capitalization of $1.09 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.

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:  2.4 out of 5 (star star)
Outperform Votes:  230 (Vote Outperform)
Underperform Votes:  244 (Vote Underperform)
Total Votes:  474
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 10/23/2019 by MarketBeat.com Staff

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