OFG Bancorp (OFG)
NYSE: OFG · IEX Real-Time Price · USD
43.66
+0.66 (1.53%)
At close: Jul 19, 2024, 4:00 PM
45.01
+1.35 (3.09%)
Pre-market: Jul 22, 2024, 6:51 AM EDT
OFG Bancorp Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for OFG Bancorp stock has a target of 40, which predicts a decrease of -8.38% from the current stock price of 43.66.
Analyst Consensus: Buy
* Price targets were last updated on Apr 10, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for OFG Bancorp is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $41 → $40 | Buy | Maintains | $41 → $40 | -8.38% | Apr 10, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $40 → $41 | Buy | Maintains | $40 → $41 | -6.09% | Jan 29, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $32 → $37 | Buy | Maintains | $32 → $37 | -15.25% | Jul 21, 2023 |
| Wells Fargo | Wells Fargo | Buy Maintains $35 → $32 | Buy | Maintains | $35 → $32 | -26.71% | Apr 5, 2023 |
| Wells Fargo | Wells Fargo | Buy Maintains $31 → $33 | Buy | Maintains | $31 → $33 | -24.42% | Jan 4, 2022 |
Financial Forecast
Revenue This Year
620.25M
from 628.61M
Decreased by -1.33%
Revenue Next Year
639.57M
from 620.25M
Increased by 3.11%
EPS This Year
3.99
from 3.83
Increased by 4.30%
EPS Next Year
4.02
from 3.99
Increased by 0.70%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 733.9M | 758.7M |
| Avg | 620.3M | 639.6M |
| Low | 570.7M | 580.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 16.7% | 22.3% |
| Avg | -1.3% | 3.1% |
| Low | -9.2% | -6.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 4.22 | 4.24 |
| Avg | 3.99 | 4.02 |
| Low | 3.80 | 3.85 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 10.2% | 6.2% |
| Avg | 4.3% | 0.7% |
| Low | -0.7% | -3.6% |
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.