Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
OFG Bancorp (OFG)
NYSE:OFG
OFG Bancorp (OFG) Stock Price & Analysis
89 Followers
OFG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$23.28 - $38.77
Previous Close$37.82
Volume16.57K
Average Volume (3M)220.91K
Market Cap
$1.77B
Enterprise Value$2.00B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$224.80M
Price to Earnings (P/E)9.7
Beta0.81
Next Earnings
Jul 18, 2024EPS Estimate
$0.97Next Dividend Ex-Date
Jun 28, 2024Dividend Yield2.41%
Share Statistics
EPS (TTM)3.91
Shares Outstanding47,002,057
10 Day Avg. Volume143,095
30 Day Avg. Volume220,914
Standard Deviation0.10
R-Squared0.31
Alpha0.00583
Financial Highlights & Ratios
Price to Book (P/B)1.63
Price to Sales (P/S)2.58
Price to Cash Flow (P/CF)4.10
P/FCF Ratio3.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.91
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$42.00Price Target Upside11.26% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
OFG Bancorp News
PremiumCompany Announcements
New Debt & Financing Risk for OFG Bancorp – What’s the Latest?
Bulls Say, Bears Say
Bulls Say
Capital Return InitiativesManagement's dividend increase and share repurchase program reflect confidence in the company's capital position and future prospects.
Financial PerformanceCompany displays strong operating performance, with operating EPS surpassing estimates, indicating effective management and robust financial health.
Profitability OutlookGuidance suggests net interest margin expansion, which could lead to increased profitability in the financial sector.
Bears Say
Credit RiskNet charge-offs have risen, potentially indicating some emerging risks in the loan portfolio.
Earnings PerformanceOperating EPS of $0.92 missed analyst estimates, with an elevated provision impacting the overall financial results.
Profitability ConcernsThe larger balance sheet is going to be more expensive, putting pressure on the previously high net interest margin.
---
Ownership Overview
3.98% Insiders
34.39% Mutual Funds
47.79% Other Institutional Investors
13.84% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
OFG FAQ
What was OFG Bancorp’s price range in the past 12 months?
OFG Bancorp lowest stock price was $23.28 and its highest was $38.77 in the past 12 months.
What is OFG Bancorp’s market cap?
Currently, no data Available
When is OFG Bancorp’s upcoming earnings report date?
OFG Bancorp’s upcoming earnings report date is Jul 18, 2024 which is in 59 days.
How were OFG Bancorp’s earnings last quarter?
OFG Bancorp released its earnings results on Apr 18, 2024. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.1.
Is OFG Bancorp overvalued?
According to Wall Street analysts OFG Bancorp’s price is currently Undervalued.
Does OFG Bancorp pay dividends?
OFG Bancorp pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 2.41%. See more information on OFG Bancorp dividends here
What is OFG Bancorp’s EPS estimate?
OFG Bancorp’s EPS estimate is $0.97.
How many shares outstanding does OFG Bancorp have?
OFG Bancorp has 47,002,056 shares outstanding.
What happened to OFG Bancorp’s price movement after its last earnings report?
OFG Bancorp reported an EPS of $1.05 in its last earnings report, beating expectations of $0.95. Following the earnings report the stock price went up 0.21%.
Which hedge fund is a major shareholder of OFG Bancorp?
Among the largest hedge funds holding OFG Bancorp’s share is Polaris Capital Management LLC. It holds OFG Bancorp’s shares valued at 7M.
---
OFG Bancorp Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$42.00 (11.26% Upside)
$42.00 (11.26% Upside)
Blogger Sentiment
Bullish
OFG Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 21.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.9M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
55.97%
12-Months-Change
Fundamentals
Return on Equity
16.08%
Trailing 12-Months
Asset Growth
10.95%
Trailing 12-Months
Company Description
OFG Bancorp
OFG Bancorp operates as 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.
---
OFG Company Deck
---
OFG Earnings Call
Q1 2024
0:00 / 0:00
---
OFG Stock 12 Month Forecast
Average Price Target
$42.00
▲(11.26% Upside)
Technical Analysis
Best Analysts Covering OFG
1 Year
1 Year Success Rate
10/11 ratings generated profit
1 Year Average Return
+45.48%
reiterated a buy rating 4 months ago
Copying Alexander Twerdahl's trades and holding each position for 1 Year would result in 90.91% of your transactions generating a profit, with an average return of +45.48% per trade.
---