OFG Bancorp is a banks-regional business based in the US. OFG Bancorp shares (OFG) are listed on the NYSE and all prices are listed in US Dollars. OFG Bancorp employs 2,231 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in OFG Bancorp
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- Research the stock. Find the stock by name or ticker symbol – OFG – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
OFG Bancorp stock price (NYSE: OFG)Use our graph to track the performance of OFG stocks over time.
OFG Bancorp shares at a glance
|Latest market close||$24.10|
|52-week range||$11.77 - $25.43|
|50-day moving average||$22.21|
|200-day moving average||$21.91|
|Wall St. target price||$28.00|
|Dividend yield||$0.3 (1.29%)|
|Earnings per share (TTM)||$2.28|
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Is it a good time to buy OFG Bancorp stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
OFG Bancorp price performance over time
|1 week (2021-07-21)||N/A|
|1 month (2021-07-01)||8.02%|
|3 months (2021-04-30)||1.73%|
|6 months (2021-01-28)||N/A|
|1 year (2020-07-28)||N/A|
|2 years (2019-07-28)||N/A|
|3 years (2018-07-28)||N/A|
|5 years (2016-07-28)||N/A|
Is OFG Bancorp under- or over-valued?
Valuing OFG Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of OFG Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
OFG Bancorp's P/E ratio
OFG Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, OFG Bancorp shares trade at around 10x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
OFG Bancorp's PEG ratio
OFG Bancorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.93. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into OFG Bancorp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
OFG Bancorp financials
|Revenue TTM||$497.8 million|
|Operating margin TTM||39.91%|
|Gross profit TTM||$432.8 million|
|Return on assets TTM||1.2%|
|Return on equity TTM||11.5%|
|Market capitalisation||$1.2 billion|
TTM: trailing 12 months
Shorting OFG Bancorp shares
There are currently 767,477 OFG Bancorp shares held short by investors – that's known as OFG Bancorp's "short interest". This figure is 36.1% up from 564,071 last month.
There are a few different ways that this level of interest in shorting OFG Bancorp shares can be evaluated.
OFG Bancorp's "short interest ratio" (SIR)
OFG Bancorp's "short interest ratio" (SIR) is the quantity of OFG Bancorp shares currently shorted divided by the average quantity of OFG Bancorp shares traded daily (recently around 245200.31948882). OFG Bancorp's SIR currently stands at 3.13. In other words for every 100,000 OFG Bancorp shares traded daily on the market, roughly 3130 shares are currently held short.
However OFG Bancorp's short interest can also be evaluated against the total number of OFG Bancorp shares, or, against the total number of tradable OFG Bancorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case OFG Bancorp's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 OFG Bancorp shares in existence, roughly 10 shares are currently held short) or 0.0151% of the tradable shares (for every 100,000 tradable OFG Bancorp shares, roughly 15 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against OFG Bancorp.
Find out more about how you can short OFG Bancorp stock.
OFG Bancorp share dividends
Dividend payout ratio: 12.3% of net profits
Recently OFG Bancorp has paid out, on average, around 12.3% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.06% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), OFG Bancorp shareholders could enjoy a 2.06% return on their shares, in the form of dividend payments. In OFG Bancorp's case, that would currently equate to about $0.3 per share.
While OFG Bancorp's payout ratio might seem low, this can signify that OFG Bancorp is investing more in its future growth.
OFG Bancorp's most recent dividend payout was on 14 July 2021. The latest dividend was paid out to all shareholders who bought their shares by 28 September 2021 (the "ex-dividend date").
Have OFG Bancorp's shares ever split?
OFG Bancorp's shares were split on a 11:10 basis on 28 December 2004. So if you had owned 10 shares the day before before the split, the next day you'd have owned 11 shares. This wouldn't directly have changed the overall worth of your OFG Bancorp shares – just the quantity. However, indirectly, the new 9.1% lower share price could have impacted the market appetite for OFG Bancorp shares which in turn could have impacted OFG Bancorp's share price.
OFG Bancorp share price volatility
Over the last 12 months, OFG Bancorp's shares have ranged in value from as little as $11.7717 up to $25.4289. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while OFG Bancorp's is 1.5473. This would suggest that OFG Bancorp's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
OFG Bancorp 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, as well as time deposit products; commercial, consumer, auto, and mortgage lending; financial planning; and corporate and individual trust services. It also 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; separately-managed accounts and mutual fund asset allocation programs; and retirement planning, pension administration, trust, and other financial services. In addition, the company involved in the insurance agency business; administration of retirement plans; various treasury-related functions with an investment portfolio consisting of mortgage-backed securities, obligations of U. S. government sponsored agencies, and securities and money market instruments; and management and participation in public offerings and private placements of debt and equity securities.
Stocks similar to OFG Bancorp
OFG Bancorp in the news
Monarch Partners Asset Management LLC Buys TimkenSteel Corp, Castle Biosciences Inc, Stag Industrial Inc, Sells Mattel Inc, Popular Inc, Live Oak Bancshares Inc
OFG Bancorp Announces New Share Repurchase Program of $50 Million
OFG Bancorp Increases Regular Quarterly Common Stock Cash Dividend by 50%
Frequently asked questionsWhat percentage of OFG Bancorp is owned by insiders or institutions?
Currently 1.856% of OFG Bancorp shares are held by insiders and 93.239% by institutions. How many people work for OFG Bancorp?
Latest data suggests 2,231 work at OFG Bancorp. When does the fiscal year end for OFG Bancorp?
OFG Bancorp's fiscal year ends in December. Where is OFG Bancorp based?
OFG Bancorp's address is: 254 Muñoz Rivera Avenue, San Juan, PR, United States, 00918 What is OFG Bancorp's ISIN number?
OFG Bancorp's international securities identification number is: PR67103X1020 What is OFG Bancorp's CUSIP number?
OFG Bancorp's Committee on Uniform Securities Identification Procedures number is: 67103X102
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