OFG Bancorp (OFG)
NYSE: OFG · Real-Time Price · USD
41.81
+0.81 (1.98%)
Dec 20, 2024, 4:00 PM EST - Market closed
OFG Bancorp Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for OFG Bancorp stock have an average target of 49.67, with a low estimate of 47 and a high estimate of 53. The average target predicts an increase of 18.80% from the current stock price of 41.81.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for OFG Bancorp stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 2 | 2 | 2 | 2 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 2 | 2 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $49 → $53 | Buy | Maintains | $49 → $53 | +26.76% | Dec 4, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $48 → $49 | Buy | Maintains | $48 → $49 | +17.20% | Dec 3, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $49 → $47 | Buy | Maintains | $49 → $47 | +12.41% | Oct 17, 2024 |
| Piper Sandler | Piper Sandler | Buy Initiates $49 | Buy | Initiates | $49 | +17.20% | Aug 26, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $40 → $48 | Buy | Maintains | $40 → $48 | +14.81% | Jul 22, 2024 |
Financial Forecast
Revenue This Year
593.22M
Revenue Next Year
599.30M
from 593.22M
Increased by 1.02%
EPS This Year
4.15
from 3.83
Increased by 8.38%
EPS Next Year
3.99
from 4.15
Decreased by -3.83%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 619.7M | 628.3M | 660.3M |
| Avg | 593.2M | 599.3M | 626.3M |
| Low | 574.4M | 572.7M | 599.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 5.9% | 10.2% |
| Avg | - | 1.0% | 4.5% |
| Low | - | -3.5% | 0.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.38 | 4.27 | 4.60 |
| Avg | 4.15 | 3.99 | 4.31 |
| Low | 3.99 | 3.77 | 3.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.3% | 2.9% | 15.2% |
| Avg | 8.4% | -3.8% | 7.8% |
| Low | 4.1% | -9.1% | -0.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.