OFG Bancorp (OFG)
NYSE: OFG · Real-Time Price · USD
43.44
0.00 (0.00%)
Nov 20, 2024, 4:00 PM EST - Market closed

OFG Bancorp Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for OFG Bancorp stock have an average target of 47.5, with a low estimate of 47 and a high estimate of 48. The average target predicts an increase of 9.35% from the current stock price of 43.44.

Analyst Consensus: Buy
Target Low Average Median High
Price $47 $47.5 $48 $48
Change +8.20% +9.35% +10.50% +10.50%
* Price targets were last updated on Oct 17, 2024.

Analyst Ratings

The average analyst rating for OFG Bancorp stock from 2 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000000
Buy 112222
Hold 000000
Sell 000000
Strong Sell 000000
Total 112222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Maintains
$49$47
Buy Maintains $49$47 +8.20% Oct 17, 2024
Piper Sandler
Piper Sandler
Buy
Initiates
$49
Buy Initiates $49 +12.80% Aug 26, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$40$48
Buy Maintains $40$48 +10.50% Jul 22, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$41$40
Buy Maintains $41$40 -7.92% Apr 10, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$40$41
Buy Maintains $40$41 -5.62% Jan 29, 2024
More Analyst Ratings

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%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----593.22M599.30M626.31M
Revenue Growth
-9.33%40.45%25.18%8.82%6.62%-1.02%4.51%
EPS
0.921.322.813.443.834.153.994.31
EPS Growth
-39.36%43.48%112.88%22.42%11.34%8.38%-3.83%7.84%
Forward PE
-----10.4610.8810.09
No. Analysts -----555
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High -
5.9%
10.2%
Avg -
1.0%
4.5%
Low -
-3.5%
0.0%

EPS Forecast

EPS 202420252026
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 202420252026
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.