OFG Bancorp Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for OFG Bancorp stock have an average target of 48.5, with a low estimate of 48 and a high estimate of 49. The average target predicts an increase of 6.95% from the current stock price of 45.35.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$48	$48.5	$49	$49
Change	+5.84%	+6.95%	+8.05%	+8.05%

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	Apr '24	May '24	Jun '24	Jul '24	Aug '24	Sep '24
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	2	2
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	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Frank Schiraldi Piper Sandler	Piper Sandler	Buy Initiates $49	Buy	Initiates	$49	+8.05%	Aug 26, 2024
Timur Braziler Wells Fargo	Wells Fargo	Buy Maintains $40 → $48	Buy	Maintains	$40 → $48	+5.84%	Jul 22, 2024
Timur Braziler Wells Fargo	Wells Fargo	Buy Maintains $41 → $40	Buy	Maintains	$41 → $40	-11.80%	Apr 10, 2024
Timur Braziler Wells Fargo	Wells Fargo	Buy Maintains $40 → $41	Buy	Maintains	$40 → $41	-9.59%	Jan 29, 2024
Timur Braziler Wells Fargo	Wells Fargo	Buy Maintains $32 → $37	Buy	Maintains	$32 → $37	-18.41%	Jul 21, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

657.58M

Revenue Next Year

678.34M

from 657.58M

3.16%

from 657.58M

EPS This Year

4.21

from 3.83

9.90%

from 3.83

EPS Next Year

4.16

from 4.21

-1.26%

from 4.21

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	-	-	-	-	-	657.58M	678.34M
Revenue Growth	-9.33%	40.45%	25.18%	8.82%	6.62%	-	3.16%
EPS	0.92	1.32	2.81	3.44	3.83	4.21	4.16
EPS Growth	-39.36%	43.48%	112.88%	22.42%	11.34%	9.90%	-1.26%
Forward PE	-	-	-	-	-	10.77	10.91
No. Analysts	-	-	-	-	-	5	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	748.6M	783.2M
Avg	657.6M	678.3M
Low	576.1M	582.1M

Revenue Growth

Revenue Growth	2024	2025
High	-	19.1%
Avg	-	3.2%
Low	-	-11.5%

EPS Forecast

EPS	2024	2025
High	4.48	4.46
Avg	4.21	4.16
Low	3.96	3.90

EPS Growth

EPS Growth	2024	2025
High	17.1%	6.0%
Avg	9.9%	-1.3%
Low	3.4%	-7.3%

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.