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NYSE:OFG

OFG Bancorp (OFG) Stock Price, News & Analysis

OFG Bancorp logo
$40.27 -0.70 (-1.71%)
Closing price 03/28/2025 03:59 PM Eastern
Extended Trading
$40.24 -0.03 (-0.06%)
As of 03/28/2025 04:20 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About OFG Bancorp Stock (NYSE:OFG)

Key Stats

Today's Range
$39.87
$41.03
50-Day Range
$38.86
$44.77
52-Week Range
$33.19
$47.66
Volume
188,585 shs
Average Volume
288,892 shs
Market Capitalization
$1.83 billion
P/E Ratio
9.54
Dividend Yield
2.98%
Price Target
$50.25
Consensus Rating
Buy

Company Overview

OFG Bancorp, a financial holding company, provides a range of banking and financial services. It operates through three segments: Banking, Wealth Management, and Treasury. The company offers checking and savings accounts, and individual retirement accounts; certificate of deposits, as well as time deposit products; commercial, consumer, auto leasing, and mortgage lending services; credit cards; cash management; financial planning and insurance services; and corporate and individual trust, and retirement services. In addition, it provides securities brokerage and investment advisory services, including various investment alternatives, such as tax-advantaged fixed income securities, mutual funds, stocks, and bonds to retail and institutional clients; and separately-managed accounts and mutual fund asset allocation programs. Further, the company engages in the insurance agency and reinsurance businesses; administration and servicing of retirement plans; and various treasury-related functions with an investment portfolio consisting of mortgage-backed securities, obligations of U.S. government sponsored agencies, and U.S. Treasury securities and money market instruments. Additionally, it offers money management and investment banking services; and engages in the asset/liability management activities, such as purchases and sales of investment securities, interest rate risk management, derivatives, and borrowings. The company provides investment brokerage, transactional, international trade financing, residential mortgage, and consumer finance services. OFG Bancorp was founded in 1964 and is headquartered in San Juan, Puerto Rico.

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OFG Bancorp Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
64th Percentile Overall Score

OFG MarketRank™: 

OFG Bancorp scored higher than 64% of companies evaluated by MarketBeat, and ranked 515th out of 950 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    OFG Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    OFG Bancorp has only been the subject of 2 research reports in the past 90 days.

  • Read more about OFG Bancorp's stock forecast and price target.
  • Earnings Growth

    Earnings for OFG Bancorp are expected to grow by 5.02% in the coming year, from $4.18 to $4.39 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of OFG Bancorp is 9.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.58.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of OFG Bancorp is 9.54, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.49.

  • Price to Book Value per Share Ratio

    OFG Bancorp has a P/B Ratio of 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about OFG Bancorp's valuation and earnings.
  • Percentage of Shares Shorted

    1.81% of the float of OFG Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    OFG Bancorp has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in OFG Bancorp has recently increased by 39.03%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    OFG Bancorp pays a meaningful dividend of 2.49%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    OFG Bancorp does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of OFG Bancorp is 28.44%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, OFG Bancorp will have a dividend payout ratio of 27.33% next year. This indicates that OFG Bancorp will be able to sustain or increase its dividend.

  • Read more about OFG Bancorp's dividend.
  • Percentage of Shares Shorted

    1.81% of the float of OFG Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    OFG Bancorp has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in OFG Bancorp has recently increased by 39.03%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    OFG Bancorp has a news sentiment score of 1.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.01 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for OFG Bancorp this week, compared to 3 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, OFG Bancorp insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.16% of the stock of OFG Bancorp is held by insiders.

  • Percentage Held by Institutions

    92.73% of the stock of OFG Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about OFG Bancorp's insider trading history.
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OFG Stock News Headlines

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OFG Bancorp Enters Oversold Territory
OFG Bancorp raises quarterly dividend 20% to 30c per share
See More Headlines

OFG Stock Analysis - Frequently Asked Questions

OFG Bancorp's stock was trading at $42.32 at the beginning of the year. Since then, OFG stock has decreased by 4.8% and is now trading at $40.2710.
View the best growth stocks for 2025 here
.

OFG Bancorp (NYSE:OFG) announced its quarterly earnings data on Wednesday, January, 22nd. The bank reported $1.09 EPS for the quarter, topping the consensus estimate of $0.97 by $0.12. OFG Bancorp had a trailing twelve-month return on equity of 15.80% and a net margin of 22.71%.

OFG Bancorp's board approved a stock buyback plan on Monday, October 28th 2024, which allows the company to buy back $50,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 2.6% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

OFG Bancorp's top institutional investors include Vanguard Group Inc. (12.62%), Dimensional Fund Advisors LP (6.97%), Charles Schwab Investment Management Inc. (3.60%) and Barrow Hanley Mewhinney & Strauss LLC (3.33%). Insiders that own company stock include Jose Rafael Fernandez, Ganesh Kumar, Jorge Colon, Edwin Perez, Patrick J Haggarty, Jesus Nestor De and Cesar A Ortiz.
View institutional ownership trends
.

Shares of OFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that OFG Bancorp investors own include Chevron (CVX), Bristol-Myers Squibb (BMY), McKesson (MCK), Comcast (CMCSA), Charles Schwab (SCHW), Edwards Lifesciences (EW) and Toronto-Dominion Bank (TD).

Company Calendar

Record date for 1/15 Dividend
12/31/2024
Ex-Dividend for 1/15 Dividend
12/31/2024
Dividend Payable
1/15/2025
Last Earnings
1/22/2025
Today
3/30/2025
Record date for 4/15 Dividend
3/31/2025
Ex-Dividend for 4/15 Dividend
3/31/2025
Dividend Payable
4/15/2025
Next Earnings (Estimated)
4/23/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NYSE:OFG
Employees
2,250
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$50.25
High Stock Price Target
$55.00
Low Stock Price Target
$47.00
Potential Upside/Downside
+24.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Trailing P/E Ratio
9.54
Forward P/E Ratio
9.63
P/E Growth
N/A
Net Income
$198.17 million
Pretax Margin
29.05%

Debt

Sales & Book Value

Annual Sales
$660.94 million
Cash Flow
$4.22 per share
Price / Cash Flow
9.54
Book Value
$27.33 per share
Price / Book
1.47

Miscellaneous

Free Float
44,471,000
Market Cap
$1.83 billion
Optionable
Optionable
Beta
0.96
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This page (NYSE:OFG) was last updated on 3/30/2025 by MarketBeat.com Staff
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