OFG Bancorp (OFG)
NYSE: OFG · IEX Real-Time Price · USD
37.87
+0.14 (0.36%)
May 8, 2024, 2:19 PM EDT - Market open
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 an increase of 5.64% from the current stock price of 37.87.
Analyst Consensus: Buy
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '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 | +5.64% | Apr 10, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $40 → $41 | Buy | Maintains | $40 → $41 | +8.28% | Jan 29, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $32 → $37 | Buy | Maintains | $32 → $37 | -2.28% | Jul 21, 2023 |
| Wells Fargo | Wells Fargo | Buy Maintains $35 → $32 | Buy | Maintains | $35 → $32 | -15.49% | Apr 5, 2023 |
| Wells Fargo | Wells Fargo | Buy Maintains $31 → $33 | Buy | Maintains | $31 → $33 | -12.85% | Jan 4, 2022 |
Financial Forecast
Revenue This Year
621.50M
from 628.61M
Decreased by -1.13%
Revenue Next Year
647.26M
from 621.50M
Increased by 4.14%
EPS This Year
3.84
from 3.83
Increased by 0.27%
EPS Next Year
3.99
from 3.84
Increased by 3.81%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 747.5M | 764.4M |
| Avg | 621.5M | 647.3M |
| Low | 564.7M | 581.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 18.9% | 23.0% |
| Avg | -1.1% | 4.1% |
| Low | -10.2% | -6.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 4.10 | 4.34 |
| Avg | 3.84 | 3.99 |
| Low | 3.61 | 3.74 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 6.9% | 12.9% |
| Avg | 0.3% | 3.8% |
| Low | -5.8% | -2.5% |
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.